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to the "opt out date. <br />Notwithstanding any other provision of this Agreement, this <br />Agreement shall be terminated at the end of any program year <br />during which HUD withdraws its designation. of Ramsey County as <br />an Urban. County under the Act. <br />This Agreement shall be executed by the appropriate officers <br />of Municipality and County pursuant to authority granted them by <br />their respective'governirg bodies, and a copy of the authorizing <br />resolution and executed Agreement shall be filed promptly by the <br />Municipality in the office of the Ramsey County Executive <br />Director, and in no event shall the Agreement be filed later <br />than <br />IV. METHOD <br />The Municipality and County hereby agree that they will <br />cooperate to undertake or assist in undertaking, community <br />renewal and lower income housing assistance activities, <br />specifically urban renewal and publicly assisted housing. The <br />County shall prepare and submit to HUD and appropriate reveiwing <br />agencies, all necessary applications for a basic grant amount <br />under the Act. In making the application, the County shall <br />address the goals and needs of County as developed in meetings <br />bet: :een the Municipality, its citizens and the County, and also <br />addressing the Act and other relevant Minnesota and /or Federal <br />statutes or regulations. The parties agree to cooperate fully <br />in establishing priorities and in preparation of the application <br />for a basic grant amount. Municipality and County agree that <br />the County shall establish a reasonable time schedule for the <br />4 <br />12 <br />