(a) The City Manager, the City Manager's designee and any other official of the City as shall be required, are hereby authorized to negotiate and execute any and all contracts and other documents, as approved by the City Attorney's Office, associated with the Home Building Program, including, without limitation, any and all contracts and other documents between the City and any Homebuilding Entity for the Hombebuilding Entity's participation in the Home Building Program; provided, however, that the Homebuilding Entity shall have been designated by the Program Administrator for participation in the Home Building Program and that all such contracts comply with the applicable requirements of this article.
(b) The City Manager or the City Manager's designee and any other official fo the City as shall be required are hereby authorized and directed to negotiate and execute any Contract with a Taxing Entity and any and all contracts and other documents, as approved by the City Attorney's Office, incident to the execution and fulfillment of said Contract with a Taxing Entity, including, without limitation, any interlocal agreement, tax trust agreement, and/or limited power of attorney by and between the City and any Taxing Entity or combination of Taxing Entities for the purpose of designating the City as trustee for Lots so that said Lots may be used in support of the Home Building Program; provided, however, that any agreement authorizing the City to convey Lots under the authority of §34.051 of the Texas Tax Code must comply with the provisions of said section.