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XII. <br />Initial and Annual Reporting <br />i2.1 T�e Owner further agrees that it will, within thirty (30) days of completion <br />of the Improvements, provide City with a swom report, written on company letterhead and <br />signed by a designated representative of Owner, which contains the following information: <br />(a) Copy of the printout from the Lannar County Appraisal District showing the <br />market value of each real property and the improvements thereon prior to <br />the construction of the Improvements; <br />(b) Detailed description of Improvements; <br />(c) Copy of or identification of plans and specifications of constructed <br />Improvements and the location of the same for inspection by City's <br />certification team; <br />{d) Actual cost of capital Improvements; and, <br />(e) Date of substantial completion of the Improvements as defined in paragraph <br />3.1 hereof. <br />12.2 The Owner further agrees that it will provide City with an annual, swom <br />report which shall certify, in writing, that it is in compliance with each applicable term of <br />this AGREEMENT. Such annual report shall be furnished in such form as the City shall <br />require. <br />12.3 In addition to the annual report requized under Section 12.2 hereof, the <br />Owner further agrees that it wilI provide City a copy of the Employer Reference summary <br />page of its Texas Workforce Commission Employer's Quarterly Report within thirty (30) <br />days of its fling of the same with the Texas Workforce Commission. The Owner will <br />provide an affidavit signed by an authorized Officer of the Owner certifying that the <br />information provided in the summary page is a true and valid report filed with the Texas <br />Workforce Commission. <br />XIII. <br />Authority to Contract <br />13.1. This AGREEMENT was authorized by resolution of the City Council at its <br />regulazly scheduled meeting on the 8th day of October, 2012, authorizing the Mayor to <br />execute the AGREEMENT on behalf of the City. <br />8 <br />