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14 <br /> <br />Agreement.The representations of Owner made herein have been or will be relied upon by <br />the City, notwithstanding any investigation made by the City or on its behalf. <br /> 8.14 CITY STATUS. Owner recognizes and agrees that City is not a commercial <br />lending institution, but a public agency exercising its authority to protect the public health, <br />safety and welfare. Any duties or obligations which a commercial lending institution may <br />have to Owner shall not apply to this transaction except as set forth herein and in the City <br />Documents. <br /> <br />8.15 ACTION BY THE CITY. Except as may be otherwise specifically provided <br />herein, whenever any approval, notice, direction, or consent by the City is required or <br />permitted under this Agreement, such action shall be in writing, and such action may be <br />given, made or taken by the City Manager or by any person who shall have been <br />designated by the City Manager, without further approval by the City Council. <br /> <br />8.16 NON-LIABILITY OF CITY AND CITY OFFICIALS, EMPLOYEES AND <br />AGENTS. No member, official, employee or agent of the City shall be personally liable to <br />Owner or any successor in interest to any of the foregoing in the event of any default or <br />breach by the City, or for any amount of money which may become due to Owner or <br />Owner’s successor in interest or for any obligation of City under this Agreement. <br /> <br />SIGNATURES ON FOLLOWING PAGE(S). <br />DocuSign Envelope ID: 85AFD7DB-51EA-45B2-9809-AAE85EE33DC4