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structures located with in the Community Reinvestment Area for a <br />eriod of fifteen years commencing the year following completion <br />P officer <br />of the commercial structure as certilied by the housing <br />designated pursuant to Ohio Revised Code § 3735.66- <br />Section 3 VILLl1G' ? COVENANT NOT TO REPEAL. The <br />. <br />has determined to proceed <br />Village acknowledges that the Company nation of a <br />with the Project in reliance upon the Village's desig <br />assing the Property, and to the <br />Community Reinvestment Area encomp <br />extent permitted by law, the Village hereby agrees that it will <br />not ta)Ze any action to repeal or rescind the designation of the <br />Community Reinvestment Area, provided that the Company complies <br />with its obligations to construct the Project. <br />Section 4. SAVINGS CLAUSE. If this Agreement, any <br />rovision of this Agreement, Ordinance No. 91-5-1. and Resolution <br />P <br />91.-, ]. and <br />No. 91_-92 , or anY provision of Ordinance No. _ <br />Resolution No. 9"1-92 is determined to be invalid or <br />rties agree that the Agreement and/or <br />unenforceable, the p <br />91-51. and Resolution No. 91-92 , as the case may <br />Ordinance No. <br />shall be dee em d to be amended so that it becomes valid and <br />be, arties <br />enforceable and continues to effectuate the intent of the p <br />as evidenced in this Agreement. Further, the parties agree to <br />ta)ce the actions necessary to effeci: any such amendnlent inclusive <br />of, but not limited to, entering into a written amendment to this <br />Agreement and adopting new ordinances or resolutions. <br />- 3 -