My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2009-202 ALLOCATING FUNDS AND AUTHORIZING AGREEMENTS Residential Redevelopment Incentive Program
COD
>
City Clerk
>
RESOLUTIONS
>
2009
>
R2009-202 ALLOCATING FUNDS AND AUTHORIZING AGREEMENTS Residential Redevelopment Incentive Program
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/12/2015 4:43:31 PM
Creation date
10/12/2015 4:43:18 PM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2009-202
Res Ord Title
ALLOCATING FUNDS AND AUTHORIZING AGREEMENTS - RESIDENTIAL RESTORATION INCENTIVE PROGRAM
Approved Date
10/19/2009
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
105
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
for herein shall be based upon an appraisal of the Property made by a real estate appraiser <br /> employed by a MAI certified real estate appraiser consented to in advance by the City. <br /> (2) The City reserves the right to protest or appeal any such request for abatement <br /> or assessment reduction. <br /> (3) It is intended that this covenant shall be effective until 5 years from the <br /> effective date of this agreement. <br /> (4) In the event the Developer applies for and is granted an abatement or <br /> assessment reduction regarding the Property described in Section A in contravention of any of <br /> the requirements of this agreement, the Developer shall then be liable for reimbursing the City <br /> for any reasonable expenses incurred by the City in intervening in or pursuing an appeal of an <br /> abatement or assessment reduction, including any costs for hiring its own appraiser for those <br /> purposes. The Developer shall also provide access to the exterior and interior of the Property as ��, <br /> needed by City staff and any appraiser retained by the City for the purpose of investigating and <br /> prosecuting such an appeal. <br /> II. Responsibilities of the City <br /> In consideration of the obligations undertaken by the Developer in this Agreement, the <br /> City agrees to be obligated as follows: <br /> A. Redevelopment Assistance. The City agrees to grant the Developer a sum not to <br /> exceed Fourteen-thousand, Nine-hundred and Sixty-six Dollars ($14,966.00) to reimburse the <br /> Developer for eligible project costs incurred as determined by the Decatur Redevelopment <br /> Incentive Program guidelines. <br /> 3 <br />
The URL can be used to link to this page
Your browser does not support the video tag.