Executive Director; Authority Approvals and Actions. Authority shall maintain authority of this Agreement and the authority to implement this Agreement through Authority’s Executive Director (or her duly authorized representative). The Executive Director and his/her duly authorized representative(s) shall have the authority to make approvals, issue interpretations, waive provisions, request issuance of warrants and make payments authorized hereunder, make and execute further agreements and/or enter into amendments of this Agreement on behalf of Authority so long as such actions do not materially or substantially change or modify the uses or development permitted on the Site, or materially or substantially add to the costs, responsibilities, or liabilities incurred or to be incurred by Authority (or City) as specified herein, and such interpretations, waivers and/or amendments may include extensions of time to perform as specified in the Schedule of Performance. All material and/or substantive interpretations, waivers, or amendments shall require the consideration, action and written consent of the Authority Board. Further, Executive Director shall maintain the right to submit to the Authority Board for consideration and action any non-material or non-substantive interpretation, waiver or amendment, if in her reasonable judgment she desires to do so.
Executive Director; Authority Approvals and Actions. Authority shall maintain authority of this Agreement and the authority to implement this Agreement through Authority’s Executive Director (or her duly authorized representative). The Executive Director shall have the authority to make approvals, issue interpretations, waive provisions, request issuance of warrants and make payments authorized hereunder, make and execute further agreements and/or enter into amendments of this Agreement on behalf of Authority so long as such actions do not materially or substantially change or modify the uses or development permitted on the Site, or materially or substantially add to the costs incurred or to be incurred by Authority (or City or Agency) as specified herein, and such interpretations, waivers and/or amendments may include extensions of time to perform as specified in the Schedule of Performance. All material and/or substantive interpretations, waivers, or amendments shall require the consideration, action and written consent of Authority Board. Further, Executive Director shall maintain the right to submit to the Authority Board for consideration and action any non-material or non-substantive interpretation, waiver or amendment, if in her reasonable judgment she desires to do so.
Executive Director; Authority Approvals and Actions. For each Project, Authority shall maintain authority of this Agreement and the authority to implement this Agreement through Authority’s Executive Director (or her duly authorized representative). The Executive Director and her duly authorized representative(s) shall have the authority to make approvals, issue interpretations, waive provisions, request issuance of warrants and make payments authorized hereunder, make and execute further agreements (including Implementation Agreements) and/or enter into amendments of this Agreement on behalf of Authority so long as such actions do not materially or substantially change or modify the uses or development permitted on the Site, or materially or substantially add to the costs, responsibilities, or liabilities incurred or to be incurred by Authority (or City or Agency) as specified herein, and such interpretations, waivers and/or amendments may include extensions of time to perform as specified in the Schedule of Performance attached hereto and the Schedule of Performance attached to each Implementation Agreement for each Project. All material and/or substantive interpretations, waivers, or amendments shall require the consideration, action and written consent of the Authority Board. Further, Executive Director shall maintain the right to submit to the Authority Board for consideration and action any non- material or non-substantive interpretation, waiver or amendment, if in her reasonable judgment she desires to do so.
