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HomeMy WebLinkAbout0428_422422 server mains in such dedicated areas, after the Local Authority, at its own C=7 expeAe'f has completed the aradino, improv►nent, pavint; and installation thereof � in accordance with specifications acceptable to the 1Iunicipality. (b) Ii will accept, necessary dedications of land for, and will grade, improve, pave, and provide sidewalks for, all streets bounding such Project. or necessary to provide adequate access thereto (in cons idersrtion whereof the Local Authority shall pay to the Municipality such amount as would be assessed against the Project site for such work if such site were privately owned); and (c) Tt will provide, or cause to be provided, water mains, and storm and sanitary sewer mains, leadin(r t.o such Project, and serving tje bounding streets thereof, (in consideration whereof the Local Authority shall. pay to the Municipality such amount, as would be assessed againtt the Project site for such work if such site were privately owned). 7. If by any reason of the Municipality's failure or refusal to furnish or cause to be furnished any public services or facilities which it has agreed hereunder to furnish or to cause to be furnished to the Local Authority, or to the tenants of anh Project, the Local Authority incurs any expense to obtain such services or facilities then the Local Authority may deduct the amount of such expense from any Payments in Lieu of Taxes due or to become due to the Municipality in respect to any Project or any other lww rent housing projects owned or operated by the Local Authority. 8. No Cooperation Agreement heretofore entered into between the '.Municipality arid the Local Authority sliallbe sonstrl►ed to apply to any Project covered by this Agreement. 9. So long as any contrubt between the Local Authority and the I'M for loans, (including preliminary loans) or annual contributions, or both, in co nect.ion with any porject remains in force and effect., or so Ione aR any bonds issued in connection with any project or any monies due to the PUA in connection with any Projectremain unpaid, this Agreement sliall not, be abrogated, changed, or modified without the consent of the PITA. Teti privileges an(] obligations of the Municipality hereunder sliall remain in full force and effect with respect to each Project, so long as the beneficial title to such Project, is held by the Local Authority- or by any otherpublic body or goverr►r►ental agency, including the PILI authorized by law to engage in the development or administration of low rent housing porjects. If at arch time the bene- ficial title to, or possession of, an Projectis held by such other public body or governmental agency, including the 111A, the provisions hereof shall inure to the benefit al of and may be enforced bli, such other public body or govenntnental agency, including thel'11A. IN WITINESS W1111tEOF, the Municipality and the Local Authority have respectively signed. this Agreement and caused their seals to be affixed and attested is of the day- and year first written above. CITY OF G1D11GETO",^N. TEXAS llt (SLU) 1t. S. I'LLIOT•T, MAYOR ATTEST CITY IIOT SING AtMIOIi1TY OF CITY Or GI�►l?G.:TC''.rti. T; z: AS (SUQ BY AT1'1ST DOti SCAit111tOL'Gil, C1LAi1;;1�A:`: