Laserfiche WebLink
a. Insurance. Proof that the policies of insurance of the types and coverages <br /> specified in Section 2.11 hereof have been obtained and are in force with regard <br /> to that phase. <br /> b. Plans. Approval of the Plans and Specifications pursuant to Article II hereof. <br /> C. Construction Contracts. Executed construction contracts covering the <br /> construction of the Police Facility and the Street Improvements. <br /> d. Declaration of Covenants, uses and Restrictions. Declarations of Covenants, <br /> Uses and Restrictions in the form attached hereto as Exhibit 4 executed by the <br /> Redeveloper. <br /> e. Project Financing. Evidence of equity and/or debt financing in an amount <br /> sufficient to complete the development of the Police Facility and the Street <br /> Improvements. <br /> f. Approvals. A certificate by the manager or authorized officer of the <br /> Redeveloper, as the case may be, that all of the approvals necessary to proceed <br /> with the Police Facility and the Street Improvements as intended herein have <br /> been obtained including the approval of this Agreement <br /> ARTICLE VII: REDEVELOPER COVENANTS AND RESTRICTIONS <br /> 7.1 Police Facility Subject to Redevelopment Plan and Agreement. The Redeveloper <br /> agrees to comply with the terms and conditions of this Agreement and to use its best <br /> efforts to construct the Police Facility subject to the tenns, covenants, building and use <br /> restrictions, and other conditions in the Redevelopment Plan and this Agreement. <br /> 7.2 Non-discrimination. The Redeveloper shall not discriminate in violation of any <br /> applicable federal, state or local laws or regulations upon the basis of race, color,religion, <br /> sex,age, or national origin or other applicable factors in the sale, lease or rental, or in the <br /> use or occupancy of the Police Facility or any part thereof. <br /> 7.3 Property Taxes. The Redeveloper covenants that in the event it applies for, seeks, or <br /> authorizes any exemption from the imposition of general real property taxes on the Police <br /> Facility Site or the Police Facility, or any portion thereof the Redeveloper shall give the <br /> City thirty (30) days prior written notice thereof. Also, nothing herein shall be construed <br /> so as to prevent the Redeveloper from otherwise contesting the assessment or collection <br /> of any real property taxes under procedures set forth in the laws of the State of Illinois or <br /> any political subdivision thereof, provided that the Redeveloper gives the City fifteen <br /> (15) days prior written notice of its intent to contest the assessment or collection of real <br /> property taxes; provided, however, that the Redeveloper covenants and agrees that <br /> nothing contained herein shall relieve the Redeveloper from complying with all laws, <br /> rules and regulations of the State of Illinois and any political subdivision thereof <br /> pertaining to the levy and collection of said general real estate taxes. This Section 7.3 <br /> shall be an obligation of the Redeveloper (or assignee of the Redeveloper or subsequent <br /> Owner of the Police Facility and the Police Facility Site or any portion thereof, as the <br /> case may be) only during the period that the Redeveloper(or assignee of the Redeveloper <br /> or subsequent Owner of the Police Facility and/or the Police Facility Site or any portion <br /> Il <br />