The City. (a) The City is a municipal corporation duly organized and validly existing under the laws of the State of California. The office of the City is located at Xxx Xxxx Xxxxx Xxxx, Xxxxxxx, Xxxxxxxxxx 00000. "City," as used in this Agreement, includes the City of Belmont and any assignee or successor to its rights, powers and responsibilities. (b) The City represents and warrants that, as of the Effective Date of this Agreement: (i) The execution and delivery of this Agreement and the performance of the obligations of City have been duly authorized by all necessary actions and approvals required for a municipal corporation; (ii) The City is in good standing and has all necessary powers under the laws of the State of California and in all other respects to enter into and perform the undertakings and obligations of this Agreement; and (iii) This Agreement is a valid obligation of City enforceable in accordance with its terms.
Appears in 3 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
The City. (a) The City is a municipal corporation duly organized and validly existing under the laws of the State of California. The office of the City is located at Xxx Xxxx Xxxxx Xxxx, Xxxxxxx, Xxxxxxxxxx Xxxxxxxxxx, 00000. "City," as used in this Agreement, includes the City of Belmont and any assignee or successor to its rights, powers and responsibilities.
(b) The City represents and warrants that, as of the Effective Date of this Agreement:
(i) The execution and delivery of this Agreement and the performance of the obligations of City have been duly authorized by all necessary actions and approvals required for a municipal corporation;
(ii) The City is in good standing and has all necessary powers under the laws of the State of California and in all other respects to enter into and perform the undertakings and obligations of this Agreement; and
(iii) This Agreement is a valid obligation of City enforceable in accordance with its terms.
Appears in 1 contract
Samples: Development Agreement