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b. Mutual Information. Developers and Agency agree to provide to <br />each other periodic progress reports (oral or written) during the Negotiation <br />Period on all material matters pertaining hereto, including, without limitation, all <br />studies, appraisals, cost analyses, and other data in pursuance hereof; provided, <br />that confidential matters (so designated) shall not be disclosed; provided, further, <br />that nothing herein shall be deemed an abrogation of Agency's duty to comply <br />with disclosure requirements under the California Public Records Act. <br /> <br /> c. Cooperation. Agency and Developers shall cooperate with each <br />other to process timely any applications to City in furtherance hereof or in <br />contemplation of a DDA. <br /> <br /> 7. AGENCY PUBLIC HEARING. If the negotiations between <br />Agency and Developers culminate in a proposed DDA, Developers acknowledge <br />and agree that approval of the DDA requires a public hearing and compliance <br />with other procedures under the CRL. Said hearing shall be scheduled for the <br />earliest convenient date after submittal to Agency of the DDA signed by <br />Developers. <br /> <br />8. LIMITED PURPOSE OF THIS AGREEMENT; RESERVATIONS. <br />a. A~enc¥. By its execution of this Agreement Agency does not commit <br />or agree to undertake: (1) acquisition of land either within or outside the Project <br />Site for, or disposition thereof to, Developers; (2) the exercise of jurisdiction over <br />land outside an adopted project area; or (3) any other acts or activities requiring <br /> <br />the subsequent independent exercise of discretion by Agency, the City of <br />ERN-002 <br /> <br />F:Sh\Sh\Rw\ComDev 5 <br />DES: 5/17/99R <br />DES:rage 5/18/99R <br /> <br /> <br />