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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 governing 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 August 30, 1985. <br /> 1 <br /> IV. METHOD <br /> The Municipality a9d County hereby agree that they will <br /> • cooperate to undertake or assist 'in .undertaking , community <br /> i <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 reviewing <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 /> between 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 />