Common use of GENERAL PURPOSE STATEMENT Clause in Contracts

GENERAL PURPOSE STATEMENT. The Redeveloper, Agency and City recognize that the Norwalk business community has a significant number of disadvantaged small businesses that, if permitted to participate in the construction of the Project contemplated by this Agreement, would benefit both the businesses themselves and the Norwalk community at large. Therefore, the Agency and City shall require and the Redeveloper has agreed to use Good Faith Efforts to utilize disadvantaged small businesses, with an emphasis on those located in the Norwalk community, in the construction of the Project in accordance with the terms of this Article VII.