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Entire A~eement. This Development A~eement, including the Recitals and <br />Exhibits, constitutes the entire understanding and agreement of the parties with <br />regard to the subject matter contained herein. <br /> <br />XVIi. Warranty of Capacity to Execute. Each pa~y warrants that the uudersigned has <br /> the capacity and authority to sign this Development A~eement on its behalt2 <br /> <br />XVII!. _Effective Date. This Development Agreement was adopted by the City Council <br /> of the City pursuant to Ordinance No. __ which became el'tkctive thirty (301 <br /> days thereafter. The effective date of this Development Agreement shall be the <br /> date when it has been duly authorized aud executed by both parties. <br /> <br />Revision #2.~, Draft Hahner Development Agreement Page 16 ot'!~, <br /> <br /> <br />