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(d) Redeveloper has received no notice or • communication from any local , state or federal official that the activities of Redeveloper or HRA in the Project Area may be or will be in violation of any environmental law or regulation. Redeveloper is aware of no facts the existence of which would cause it to be in violation of any local , state or federal environmental law, regulation or review procedure or which would give any person a valid claim under the Minnesota Environmental Rights Act . (e) Redeveloper will complete the Minimum Improvements according to the Time Table. (f) Neither the execution or delivery of this Agreement, the consumation of the transactions contemplated hereby, nor the fulfillment of or compliance with the terms and conditions of this Agreement is prevented by, limited by, conflicts with, or results in a breach of, any restriction, agreement or instrument to which Redeveloper is now a party or by which it is bound . ARTICLE III Acquisition and Conveyance of Redevelopment Property Section 3 . 1 . Acquisition. The HRA shall use its best • efforts to acquire the Redevelopment Property for conveyance to Redeveloper if the following conditions are first satisfied: (a) Redeveloper has submitted to HRA, and HRA has approved, proof that the Redeveloper has completed the Refunding; (b) Redeveloper is in compliance with this Agreement and all conditions to performance by HRA have been satisfied; (c) in the reasonable opinion of the HRA' s Bond consultant, the City will be able to repay the Bonds in a timely manner solely from tax increment funds generated by the Project and other revenues specifically pledged to the Bonds; and (d) the available proceeds of the Bonds will be sufficient to pay all costs which will be incurred by the HRA in acquiring title to, and possession of, the Redevelopment Property. Section 3 . 2 Purchase and Conveyance . Redeveloper agrees to purchase the Redevelopment Property from the HRA in accordance with this Agreement . The HRA shall convey title and possession of the Redevelopment Property to the Redeveloper by execution and delivery of the Deed to Redeveloper . Conveyance of the Redevelopment Property and Redeveloper ' s use of the Redevelopment Property shall be subject to the Permitted Encumbrances and to all of the conditions , covenants , restrictions and limitations imposed by the Redevelopment Plan, this Agreement , the Deed and the Restrictions . -7- is