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existing Colorado law, City resolution, court or administrative regulation, decree or order or any <br />agreement or other instrument to which the City is subject or by which it is bound. <br />9 To the best of the undersigned's knowledge, the City has received no <br />monetary consideration for the assignment set forth above <br />10 To the best of the undersigned's knowledge, there does not exist any <br />action, suit, proceeding or investigation pending, or threatened against the City, contesting (a) <br />the corporate existence of the City, (b) the title of its present officers or any of them to their <br />respective offices, including, without limitation, the members of the City Council, (c) the validity <br />of the Assignment of Allocation or (d) the power of the City to execute, deliver or perform the <br />Assignment of Allocation. <br />11 No referendum petition has been filed concerning the Resolution, and to <br />the best of my knowledge none is being circulated or planned for circulation. <br />[The remainder of this page is intentionally left blank] <br />2 <br />4838-6534-0311.2 <br />