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2022052.97 <br />3. All obligations in the Agreement have been completed and the <br />Parties have terminated the Agreement pursuant to that Termination of <br />Infrastructure Development Agreement dated effective as of the Effective Date. <br />4. Since the Agreement has been terminated and is of no further force <br />or effect, the Parties desire to terminate the Memorandum that is recorded <br />against the Project Area. <br />NOW THEREFORE, in consideration of the mutual covenants and other <br />valuable consideration, the receipt and sufficiency of which is hereby <br />acknowledged, the parties agree as follows: <br />1. Termination of Agreement. The Agreement has been terminated and <br />is of no further force and effect. <br />2. Termination of Memorandum. The Memorandum has been <br />' terminated and is of no further effect. <br />[Signature and Notary Pages Follows] <br />