Common use of Governance of the District Clause in Contracts

Governance of the District. (a) The Developer and any successor in title to the Property, in their role as an entity that can designate authorized representatives to serve on the District’s Board of Directors, shall cause the District to be governed in accordance with the CID Act and all other applicable laws. The Developer, as an owner of real property in the District, will authorize the appointment to the District’s Board of Directors of two persons designated by the City who meet all other qualifications to serve on the District’s Board of Directors, by designating such persons as its authorized representatives for the purpose of serving on the District’s Board of Directors.

Governance of the District. (a) The Developer and any successor in title to the Property, in their role as an entity that can designate authorized representatives to serve on the District’s Board of Directors, shall cause the District to be governed in accordance with the CID Act and all other applicable laws. The DeveloperDeveloper hereby designates the persons who may, from time to time, serve as an owner the Mayor, City Administrator and Finance Officer of real property in the District, will authorize the appointment to the District’s Board of Directors of two persons designated by the City who meet all other qualifications to serve on the District’s Board of Directors, by designating such persons (or their respective designees) as its authorized representatives for the purpose of serving on the District’s Board of Directors.