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Section 3. Findings. This Council believes that the redevelopment of a • <br /> portion of the Project Area by the construction of the Facility is in the best interests <br /> of the City and of benefit to the residents of the City and will help achieve the <br /> objectives of the HRA with respect to the Project Area as set forth in the <br /> Redevelopment Plan. <br /> Section 4. Approvals. The form and terms of the Redevelopment <br /> Agreement, Assistance Agreement and Shortfall Agreement are hereby approved <br /> and the Mayor and City Manager are hereby authorized and directed to execute, <br /> acknowledge and deliver the Redevelopment Agreement and Assistance <br /> Agreement on behalf of the City in the form submitted to this meeting with such <br /> changes, insertions and omissions therein as do not change the substance of the <br /> Redevelopment Agreement and the Assistance Agreement and as may be approved <br /> by the Mayor and City Manager, such approval to be evidenced conclusively by their <br /> execution of the Redevelopment Agreement and Assistance Agreement. <br /> Section 5. Other Actions. The Mayor, the City Manager and all other <br /> officers of the HRA are hereby authorized and directed to execute and deliver all <br /> other documents which may be required under the terms of the Redevelopment <br /> Agreement, Assistance Agreement and Shortfall Agreement, and to take such other <br /> action as may be required or appropriate for the performance of the duties imposed <br /> thereby or to carry out the purposes thereof. <br /> Dated: April 9 1996. • <br /> Mayor <br /> Attest: <br /> City Clerk <br /> • <br />