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R2022-160 Resolution Authorizing Redevelopment Agreement with CCI Properties LLC
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R2022-160 Resolution Authorizing Redevelopment Agreement with CCI Properties LLC
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1/20/2023 10:47:14 AM
Creation date
1/20/2023 10:45:19 AM
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Resolution/Ordinance
Res Ord Num
R2022-160
Res Ord Title
R2022-160
Department
City Manager
Approved Date
10/3/2022
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be so provided in the certification itself) a conclusive determination of satisfaction with <br /> respect to the obligations of the Developer and its successors and assigns that the <br /> construction of the Project or any phase thereof has been Substantially Complete in <br /> accordance with the provisions of this Agreement. <br /> 2.10 Form of Certification. <br /> If the City refuses or fails to provide any certification in accordance with the provisions of <br /> this Agreement, the City shall, within thirty (30) days after written request by the <br /> Developer,provide the Developer with a written statement indicating in adequate detail in <br /> which respects the Developer has failed to Substantially Complete construction of the <br /> Project in accordance with the provisions of this Agreement,or is otherwise in default,and <br /> what measures or steps will be necessary, in the opinion of the City, for the Developer to <br /> take or perform in order to obtain such certification. <br /> 2.11 Quality of Construction and Conformance to Federal,State and Local <br /> Requirements. <br /> All work with respect to the Project shall conform to applicable law including, but not <br /> limited to, design standards, environmental codes and life safety codes. The Developer <br /> shall cause the construction of the Project to be commenced and to be prosecuted with due <br /> diligence and in good faith in accordance with the terms of this Agreement, and without <br /> delay and shall cause the Project to be constructed in a good and workmanlike manner in <br /> accordance with the approved plans. If the Project is constructed in compliance with the <br /> Construction Plans as approved pursuant to Section 2.6 above, it will be deemed to be in <br /> conformance with Building Codes of the City. <br /> 2.12 Utilities. <br /> Except for those utilities provided by the City and except as otherwise provided in this <br /> Agreement, all arrangements for utilities must be made by the Developer with the <br /> applicable utility company. Except as otherwise specifically provided in this Agreement, <br /> City makes no representations whatsoever with respect to the adequacy or availability of <br /> utilities with respect to the Project or Project Site. <br /> 2.13 Insurance. <br /> 2.13.1 Liability Insurance Prior to Completion. <br /> Prior to commencement of construction of the Project or any phase thereof, the <br /> Developer shall procure and deliver to the City, at the Developer's cost and <br /> expense, and shall maintain in full force and effect until each and every obligation <br /> of Developer contained herein has been fully paid, or performed, a policy or <br /> policies of comprehensive liability insurance and during any period of <br /> construction, contractor's liability insurance, structural work act insurance and <br /> workmen's compensation insurance, with liability coverage under the <br /> comprehensive liability insurance to be not less than One Million ($1,000,000) <br /> Dollars each occurrence and Five Million ($5,000,000) Dollars total, all such <br /> policies to be in such form and issued by such companies as shall be reasonably <br /> acceptable to the City to protect City and Developer against any liability incidental <br /> to the use of or resulting from any accident occurring in or about the Project or the <br /> improvements or the construction and improvement thereof. Each such policy <br /> shall name the City as coinsureds and shall contain an affirmative statement by the <br /> issuer that it will give written notice to the City at least thirty(30)days prior to any <br />
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