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16.7 Each of the above said parties represents and warrants that each of the above said parties <br /> has the right and legal authority to execute this Agreement. Each of the above said <br /> parties further acknowledges and represents to one another that the representatives who <br /> execute this Agreement have the authority under the law to execute this Agreement and <br /> to bind their respective principals to the obligations under this Agreement and further, <br /> that any legal requirements conferring authority upon the representatives who execute <br /> this Agreement have been met by each of the respective parties as required by law. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Agreement and caused their <br /> respective seals to be affixed and attested thereto as of the date first above written. <br /> CITY OF DECATUR PACE HOSPITALITY LLC a IL Limited <br /> an Illinois municipal corporation Corporation <br /> By: By: <br /> Julie Moore Wolfe PB Pattel <br /> Mayor of Decatur Managing Member <br /> Attest: <br /> By: <br /> Debra Bright <br /> City Clerk <br /> City of Decatur/PACE HOSPITALITY LLC 2� <br />