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R2013-122 RECEIVING AND FILING PROPOSED REDEVELOPMENT AGREEMENT
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R2013-122 RECEIVING AND FILING PROPOSED REDEVELOPMENT AGREEMENT
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Last modified
8/14/2015 1:18:14 PM
Creation date
8/14/2015 1:18:11 PM
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Resolution/Ordinance
Res Ord Num
R2013-122
Res Ord Title
RECEIVING AND FILING PROPOSED REDEVELOPMENT AGREEMENT - CITY OF DECATUR/HARRISON MANAGEMENT GROUP LLC REDEVELOPMENT AGREEMENT
Approved Date
12/16/2013
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TABLE OF <br /> CONTENTS <br /> Page <br /> RECITALS........................................................................................................................5 <br /> ARTICLE I: DEFINITIONS................................................................................................5 <br /> ARTICLE II: DEVELOPMENT OF THE PROJECT...........................................................6 <br /> 2.1 Development of the Project........................................................................................................6 <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.......................................................................r............................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..............................................................................0............................7 <br /> 2.9 Form of Certification..................................................................................................................7 <br /> 2.10 Quality of Construction and Conformance to Federal,State and Local$tequirements......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...........................................................f............................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..........................................................................................t............................9 <br /> 4.2 Adjusment of Public Investment..................................................................:............................9 <br /> ARTICLE V: CONDITIONS PRECEDENT TO CITY OBLIGATIONS AND ONGOING <br /> BENEFITS.................................................................................................t.....................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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