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SECTION 4. TERM AND TERMINATION. <br />A. Agreement Term. This Agreement will take effect only upon designation of the <br />Reinvestment Zone by ordinance of the City and will be in effect for the earlier of 1) six (6) <br />years from the date of the designation of the Reinvestment Zone or 2) the date all Project Costs <br />have been paid or reimbursed unless earlier terminated by the parties hereto. Nothing in this <br />Agreement limits the authority of the County or City to extend the term of this Agreement. <br />Upon termination of this Agreement, the obligation of the County to make payments to the City <br />shall end; however, any refund obligations of the City shall survive the termination. <br />B. Early Termination of Reinvestment Zone. The City may terminate the <br />Reinvestment Zone pursuant to the provisions of Section 311.017 of the Texas Tax Code. <br />SECTION 5. MISCELLANEOUS. <br />A. Cooperation. This City and the County agree to cooperate with each other, in <br />good faith, at all times during the term hereof in order to achieve the purposes and intent of this <br />Agreement. <br />B. Entire Agreement; Amendments. This Agreement contains the entire <br />agreement between the parties respecting the subject matter hereof, and supersedes all prior <br />understandings and agreements between the parties regarding such matters. This Agreement <br />may not be modified or amended except by written agreement duly executed by the parties and <br />Developer. <br />C. Interpretation. The parties acknowledge and confirm that this Agreement has <br />been entered into pursuant to the authority granted under the Interlocal Cooperation Act, Chapter <br />791 of the Texas Government Code. All terms and provisions hereof are to be construed and <br />interpreted consistently with that Act. <br />D. Invalid Provisions. Any clause, sentence, paragraph or article of this Agreement <br />which is determined by a court of competent jurisdiction to be invalid, illegal, or unenforceable <br />in any respect shall not be deemed to impair, invalidate, or nullify the remainder of this <br />Agreement if the Agreement can be given effect without the invalid portion. <br />E. Applicable Laws. This Agreement shall be construed in accordance with the <br />laws of the State of Texas. All obligations hereunder are performable in Hays County, Texas, <br />and venue for any action arising hereunder shall be in Hays County, Texas. <br />F. Authorization; Funding. Each party hereto acknowledges and represents that <br />his Agreement has been duly authorized by its respective governing body, and that funding from <br />0 <br />