Representations of the District. The District hereby represents and warrants as follows: (1) The District is a political subdivision and a body corporate of the State, duly organized and existing under the laws and Constitution of the State. (2) The District has duly authorized and approved the execution and delivery of, and the performance by the District of its obligations contained in this Agreement and the consummation by the District of all other transactions contemplated by this Agreement. (3) This Agreement constitutes the legal, valid and binding obligation of the District, enforceable in accordance with its terms. (4) The District has lawful authority to own or operate its System and to fix and collect rates, fees and other charges in connection with the System in accordance with the Conservancy Act and the Impact Fee Act. (5) The District has valid legal title to the rights-of-way necessary to own and operate the System. (6) The System is in compliance with all applicable laws relating to the treatment and quality of water. (7) The District is in compliance with all existing covenants under the Bond Document.
Appears in 3 contracts
Sources: Regional Water Supply Agreement, Regional Water Supply Agreement, Regional Water Supply Agreement