R2022-160 Resolution Authorizing Redevelopment Agreement with CCI Properties LLC

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12.4 Pending Lawsuits. To the knowledge of the Developer,there are no lawsuits either pending or threatened that would materially, adversely affect the ability of the Developer to proceed with the construction and development of the Project on the Project Site. 12.5 Location of Project. The Project will be located within the Development Area. Additional land to the Project Site may maybe acquired if it becomes available. 12.6 Conformance with Requirements. The Developer represents and warrants that the Construction Plans and construction of the Project in accordance with the Construction Plans will in all respects conform to and comply with all covenants, conditions, restrictions, zoning ordinances, environmental regulations and land use regulations affecting the Development Area. ARTICLE XIII: REPRESENTATIONS OF THE CITY The City represents,warrants and agrees as a basis for the undertakings on its part contained herein that: 13.1 Organization and Authorization. The City is a municipal corporation organized and existing under the laws of the state of Illinois, and has the power to enter into and by proper action has been duly authorized to execute, deliver and perform this Agreement. 13.2 Non-Conflict or Breach. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, nor the fulfillment of or compliance with the terms and conditions of this Agreement, conflicts with or results in a breach of any of the terms, conditions or provisions of any restriction, agreement or instrument to which the City is now a party or by which the City is bound. 13.3 Pending Lawsuits. To the knowledge of the City,there are no lawsuits either pending or threatened that would affect the ability of the City to perform this Agreement. ARTICLE XIV: MISCELLANEOUS 14.1 Prevailing Wages. In the performance and execution of the water line construction project,the Developer shall pay prevailing wages as determined pursuant to the Prevailing Wage Act of the State of Illinois, 820 ILCS 130 et seq and the Prevailing Wage Ordinance of the City subject to the following: (a) A listing of the current prevailing wage rates is available through the Illinois Department of Labor.