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R2014-04 AUTHORIZING CITY OF DECATUR / HARRISON MANAGEMENT GROUP LLC REDEVELOPMENT AGREEMENT
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R2014-04 AUTHORIZING CITY OF DECATUR / HARRISON MANAGEMENT GROUP LLC REDEVELOPMENT AGREEMENT
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Last modified
2/27/2017 10:51:19 AM
Creation date
7/31/2015 9:53:04 AM
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Resolution/Ordinance
Res Ord Num
R2014-04
Res Ord Title
AUTHORIZING CITY OF DECATUR / HARRISON MANAGEMENT GROUP LLC REDEVELOPMENT AGREEMENT
Approved Date
1/21/2014
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CU <br /> OJ <br /> r <br /> TABLE OF <br /> CONTENTS <br /> m <br /> n0 <br /> CL Page <br /> NRECITALS........................................................................................................................5 <br /> ARTICLE I: DEFINITIONS...............................................................................................5 <br /> ARTICLE II: DEVELOPMENT OF THE PROJECT ...........................................................6 <br /> .X 2.1 Development of the Project.................................................................... 6 <br /> 0 .................................... <br /> 2.2 Progress Reports.........................................................................................................................6 <br /> 2.3 Changes in Plans.........................................................................................................................6 <br /> 2.4 Final Site Plan.............................................................................................................................6 <br /> 2.5 Construction Plans......................................................................................................................6 <br /> 2.6 Amended Construction Plans....................................................................................................7 <br /> 2.7 Commencement and Completion Requirements.....................................................................7 <br /> 2.7.1 Commencement.....................................................................................................................................7 <br /> 2.7.2 Completion.............................................................................................................................................7 <br /> 2.8 Certificate of Completion...........................................................................................................7 <br /> 2.9 Form of Certification..................................................................................................................7 <br /> 2.10 Quality of Construction and Conformance to Federal,State and Local Requirements......8 <br /> 2.11 Utilities.........................................................................................................................................8 <br /> 2.12 Insurance.....................................................................................................................................8 <br /> 2.12.1 Liability Insurance Prior to Completion.............................................................................................8 <br /> 2.12.2 Builder's Risk Prior to Completion.....................................................................................................8 <br /> 2.13 Lien Waivers...............................................................................................................................8 <br /> 2.14 Rights of Inspection....................................................................................................................8 <br /> 2.15 Sales Tax Generating Retail Tenants........................................................................................9 <br /> ARTICLE III: CITY OBLIGATIONS.................................................................................9 <br /> 3.1 Public Investment.......................................................................................................................9 <br /> 3.2 Zoning..........................................................................................................................................9 <br /> 3.3 Easements................................................................................................. ..................................9 <br /> ARTICLE IV: PUBLIC INVESTMENT................................................. .............................9 <br /> 4.1 Public Investment.......................................................................................................................9 <br /> 4.2 Adjusment of Public Investment...............................................................................................9 <br /> ARTICLE V: CONDITIONS PRECEDENT TO CITY OBLIGATIONS AND ONGOING <br /> BENEFITS....................................................................................................................... 10 <br /> 5.1 Conditions Precedent to Transaction...................................................................................... 10 <br /> ARTICLE VI: OPERATION OF THE PROJECT.............................................................. 10 <br /> 6.1 Operation and Maintenance of the Project............................................................................ 10 <br />
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