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<br />JAH:djm 12!~,/89 (RD-001/#42) <br />JAH:djm 12/ 1/89R <br /> <br />d. <br /> <br />The District is a taxing agency whose territory entirely <br /> <br />encompasses <br /> <br />the <br /> <br />proposed <br /> <br />Total <br /> <br />Project <br /> <br />Area <br /> <br />of <br /> <br />Redevelopment <br /> <br />Project No.2. <br /> <br />e. <br /> <br />Section 33401 of the Health and Safety Code provides <br /> <br />that a redevelopment agency may pay to any taxing agency any <br /> <br />amounts <br /> <br />of <br /> <br />money <br /> <br />which, <br /> <br />in <br /> <br />the <br /> <br />Agency's <br /> <br />determination, <br /> <br />are <br /> <br />necessary and appropriate to alleviate any financial burden or <br /> <br />detriment <br /> <br />caused <br /> <br />to <br /> <br />such <br /> <br />taxing <br /> <br />agency <br /> <br />by <br /> <br />a <br /> <br />redevelopment <br /> <br />project. <br /> <br />f. <br /> <br />Meetings have been held between the District and the <br /> <br />Agency, <br /> <br />at <br /> <br />which <br /> <br />the <br /> <br />District <br /> <br />presented <br /> <br />evidence <br /> <br />that <br /> <br />the <br /> <br />District will suffer a financial burden and detriment as a result <br /> <br />of the implementation of the Second Amendment if it is adopted by <br /> <br />the City Council. <br /> <br />g. <br /> <br />The <br /> <br />Agency agrees <br /> <br />that <br /> <br />the <br /> <br />District has <br /> <br />demonstrated <br /> <br />financial burden and detriment pursuant to Health and Safety Code <br /> <br />Section 33401. <br /> <br />h. <br /> <br />The District by this Agreement is agreeing to forego and <br /> <br />waive any action or proceeding by which it might contest the <br /> <br />validity of the Second Amendment. <br /> <br />2. <br /> <br />DEFINITIONS. <br /> <br />The <br /> <br />defini tion set forth after each of <br /> <br />the <br /> <br />following <br /> <br />terms <br /> <br />shall <br /> <br />govern <br /> <br />the <br /> <br />meaning <br /> <br />of <br /> <br />such <br /> <br />term <br /> <br />whenever it is used in this Agreement: <br /> <br />Amendment Area - means that territory that will be added to <br /> <br />the proj ect area by the adoption of the Second Amendment. <br /> <br />The <br /> <br />Amendment <br /> <br />Area <br /> <br />is <br /> <br />shown <br /> <br />on <br /> <br />Exhibit <br /> <br />"A" <br /> <br />of <br /> <br />this <br /> <br />Agreement. <br /> <br />2 <br />