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Exhibit B <br />Representations; Environmental Matters <br />A. Seller's Representations to Buyer <br />Seller represents to Buyer that the following are true and correct a.s of the Effective Date <br />and will be true and correct on the Closing Date. <br />1. Authority. Seller is a Texas home rule municipal corporation duly organized and <br />validly existing tinder the laws of the state ofTexas with authority to perform its obligations under <br />this contract, This contract, to the extent permitted by law, is binding on Seller. This contract is, <br />and all documents required by this contract to be executed and delivered to Buyer at closing will <br />be, duly authorized, executed, and delivered by Seller. Seller represents to Buyer that Seller's <br />execution of this Contract has been duly authorized. <br />2. Litigation. Seller has not received written notice and has no actual knowledge of <br />any litigation pending or threatened against Seller that might affect the Property or Seller's ability <br />to perform its obligations under this contract, <br />3. Violation cif (,aws. SclIcr has not received written notice of violation of any law, <br />ordinance, regulation, or requirements affecting the Property or Seller's use of the Property, <br />4, Licenses, Permits, and Approvals. Seller has not received written notice that any <br />license, permit, or approval necessary to use the Property in the manticr in which it is currently <br />being used has expired or will not be renewed on expiration or that any material condition will be <br />imposed to use or renew the same. <br />5, Conclemnation; Zoning; Land Use; Hazardous Materials. L,,xcept as specifically <br />disclosed to Buyer, to the best of Seller's knowledge, Seller has not received writtcrinotiec of any <br />condemnation, zoning, or land -use proceedings afrecting the Property or any written inquiries or <br />notices by any goverrin-icrital authority or third party with respect to condemnation or the presence <br />of hazardous materials affecting the Property. <br />6. No Other Obligation to Sell the Prol)crty or Rcstriction against Sale. Seller has <br />not obligated itself to sell all or any portion of the Property to any person other than Buyer. Seller's <br />performance of this contract will not cause a breach of any other agreement or obligation to which <br />Seller is a party or to which it is bound. <br />7. No Liens. On the Closing Date, the Property will be free and clear of all <br />mechanic's and inaterialman's liens and other liens and cricurribrances of any nature not arising <br />by, through, or tinder Buyer except the Permitted Exceptions or liens to which Buyer has given its <br />consent in writing, and no work or materials will have been furnished to the Property by Seller that <br />might give rise to mechanic's, inatcrialinan's, or other liens against the Property other than work <br />or materials to which Buyer has given its consent in writing. <br />