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convenient to carry out and comply with the intent of this Ordinance with the provisions of the Redevelopment Agreement and to execute and deliver for and on behalf of the City all additional certificates, documents, agreements, notes, obligations, or other instruments as may be necessary, desirable, convenient, or proper to carry out the matters herein authorized. Section 3: Issuance ofTIF Obligations. Pursuant to the TIF Act and the Redevelopment Agreement, the City reasonably expects to reimburse the Developer for redevelopment pr~ect costs (as that term is defined in section 99.805(11) of the Act) incurred pursuant to the Redevelopment Agreement and in furtherance of the Plan and the redevelopment project for the Project Area with monies deposited from time to time in the Special Allocation Fund established by Ordinance No. 6089. As evidence of the City's obligation to reimburse the Developer, the City expects to issue, and does hereby authorize the issuance of TIF obligations (as that term is defined in section 99.805 (5} of the TIF Act}, the maximum aggregate principal amount of which shall be $2,551,500.00 as set forth in and in accordance with the Redevelopment Agreement. This Ordinance is a declaration of official intent under Treasury Regulations Section 1.103-18. This Ordinance shall be available for inspection by the general public within 30 days of the adoption hereof, and shall remain available for public inspection on a reasonable basis at least until the date on which the TIF obligations are issued by the City to evidence the City's obligation to reimburse the redevelopment project costs. Section 4: Severability. The sections, paragraphs, phrases, clauses, and words of this Ordinance shall be severable. In the event that any portion of this Ordinance is found by a court of competent jurisdiction to be invalid, the remaining 8TL-529333