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(b) Developer shall include ~l this phase of planning proforma <br />financial projections for the redevelopment of the Project Area and <br />each element thereof; and the Director of Development shall conduct <br />good faith discussions with respect to such plans and projections <br />(including their content and form) in a manner that will facilitate <br />analysis of the plans and assist in the discussions and negotiations <br />between the parties with respect to the plans. <br /> <br /> The City shall have the right to review and approve all firms <br />or persons who will be responsible for the marketing and management of <br />the project and project elements. This right shall not be unreasonably <br />withheld. <br /> <br />Section 6. Termination of Preliminary A~reement. <br /> <br /> (a) This Preliminary Agreement shall terminate (i) upon the <br />execution of a Development Agreement between Developer and the City <br />(ii) in the event the redevelopment project contemplated thereby is <br />determined to be contrary to Law; or {iii) the parties hereto are <br />unable to agree to the Development Agreement. <br /> <br />(b) The City may terminate this Agreement: <br /> <br />(1) If the Project Feasibility Study required by Section <br />2(a) of this Preliminary .Agreement is not timely delivered <br />to the City. A period of 90 days from the date of the <br />execution of the contract for the Project Feasibility <br />Study shall be considered "timely". <br /> <br />(2) If the Preliminary Schematic Design referred to in <br />Section 2(a) of this Agreement is not timely submitted to <br />the City. A period of' 1.80 days from the date of the <br />execution of the contract for the Project Feasibility <br />Study shall be considered "timely". <br /> <br />(3) After review of the Project Feasibility Study and <br />after giving the notice required by Section 2(b) of this <br />Preliminary Agreement. <br /> <br />The City may waive the timely delivery required pursuant to <br />Sections 6(b)(1) and 6(b)(2) of this Preliminary Agreement by <br />a writing signed by the Mayor and approved by the Director of <br />Law. <br /> <br /> (c) It is hereby agreed that the City, its officers, <br />employees, agents or consultants and the Developer shall not be <br />liable in damages to the other party to this Preliminary Agreement <br />or any other person claiming thereunder for any termination of this <br />Preliminary Agreement. It is further agreed that this Preliminary <br />Agreement is entered into by the City in the execution of its <br />governmental powers and to provide for the necessary planning for <br />the redevelopment of a portion of the City, and that the City and <br />the Developer will use good faith efforts to fulfill their <br /> <br />-7- <br /> <br /> <br />