Common use of Representations by the Redevelopment Commission Clause in Contracts

Representations by the Redevelopment Commission. The Redevelopment Commission, governing body for the District, represents and warrants that: (a) The Redevelopment Commission is the governing body of the District, which is a special taxing district organized and existing under the laws of the State. Under the provisions of the Act, the Redevelopment Commission is authorized to enter into the transactions contemplated by this Agreement and to carry out its obligations hereunder. The Redevelopment Commission has been duly authorized to execute and deliver this Agreement. The Redevelopment Commission agrees that it will do or cause to be done all things within its control and necessary to preserve and keep in full force and effect its existence. (b) On the date hereof, the Redevelopment Commission will reimburse the City an aggregate amount not to exceed the Costs of the Change Order, which reimbursement shall be payable from the Tax Increment Revenues currently on deposit in the Allocation Fund, all for the purpose of simultaneously reimbursing the City for its costs incurred, or to be incurred, to reimburse the Costs of the Change Order under the terms of the Reimbursement Agreement.