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Section I Fines• The HRA 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 HRA and City and of benefit to the residents of the City and will help achieve <br /> the objectives of the HRA with. respect to the Project Area as set forth in the <br /> Redevelopment Plan. . <br /> Section 4. App roval{ <br /> .ana Shortfall Agreement aze hereby approved <br /> Agreement, Assistance Agreemen <br /> and the Chairman and Secretary are hereby authorized and directed to execute, <br /> acknowledge and deliver the Redevelopment Agreement, Assistance Agreement <br /> and Shortfall Agreement on behalf of the BRA in the form submitted to this <br /> meeting with such changes, insertions and omissions therein as do not change the <br /> substance of the Redevelopment Agreement, Assistance Agreement and Shortfall <br /> Agreement and as may be approved by the Chairman and Secretary, such approval <br /> to be evidenced conclusively by their execution of the Redevelopment Agreement, <br /> Assistance Agreement and Shortfall Agreement. <br /> Section 5. Oth r Ac 'ons. The Chairman, the Secretary and all other <br /> officers of the HRA are hereby authorized <br /> underthes of thee and deliver all <br /> Redevelopment <br /> other documents which may be required <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 /> carry Pu <br /> car out the purposes thereof. • <br /> thereby or to rP . <br /> Dated: April 9, 1996. <br /> Chairman <br /> Attest: <br /> Secretary <br /> • <br /> -2- <br />