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2. Cooperation. The City shall work with Developer to expeditiously review Developer's <br />development plans and process permit applications. City shall provide to Developer any is <br />necessary documentation of permit approvals in a timely manner, including, but not limited to a <br />Permit Ready Letter, in a form substantially similar to the example provided in the attached <br />Exhibit "D". <br />3. Applicable Development Ordinances. In accordance with Section 212.172(g) of the <br />Texas Local Government Code, this Agreement constitutes a permit under Chapter 245 of the <br />Texas Local Government Code. Pursuant to Section 212.172(b)(8), the City agrees that the <br />Owner and the City have agreed to annexation and that the uses and development of the Property <br />may continue as described in this Agreement subsequent to annexation regardless of zoning <br />regulations. <br />4. Annexation. City shall not annex Property prior to the conveyance of the Property from <br />Owner to Developer. The City may annex the Property at any time subsequent to the conveyance <br />of the Property from Owner to Developer in accordance with Section II(4) of this Agreement, <br />provided however, that City shall initiate annexation proceedings in accordance with Chapter 43 <br />of the Texas Local Government Code no later than sixty (60) calendar days from the receipt of <br />the notice of conveyance of the Property from Owner to Developer described in Section II(5) of <br />this Agreement. City shall provide written notice to Developer at least ten (10) business days <br />prior to any public hearing to initiate annexation proceedings. <br />5. Base Zoning. Prior to annexation and zoning of the Property, City shall approve all <br />permits for the project and apply all City ordinances to the development of the Property as such • <br />ordinances would apply to the City's "MF-18" zoning district. As soon as practicable subsequent <br />to annexation of the Property, City shall initiate proceedings to rezone the Property to "MF-18" <br />or an equivalent zoning district compatible with the Land Use Plan. <br />IV. <br />MISCELLANEOUS <br />1. Mutual Assistance. City, Owner, and Developer will do all things reasonably necessary <br />or appropriate to carry out the terms and provisions of this Agreement, and to aid and assist each <br />other in carrying out such terms and provisions. <br />2. Representations and Warranties. The City represents and warrants to Owner and <br />Developer that this Agreement is within its authority, and that it is duly authorized and <br />empowered to enter into this Agreement, unless otherwise ordered by a court of competent <br />jurisdiction. Owner represents and warrants to Developer and City that it has the requisite <br />authority to enter into this Agreement. Developer represents and warrants to Owner and City that <br />it has the requisite authority to enter into this Agreement. <br />3. Default. If either the City, Owner, or Developer should default in the performance of any <br />obligations of this Agreement, the other party shall provide such defaulting party written notice <br />of the default, and a minimum period of thirty (30) days to cure such default, prior to instituting <br />an action for breach or pursuing any other remedy for default. •