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R2005-49 AUTHORIZING DEVELOPMENT AGREEMENT Near North
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R2005-49 AUTHORIZING DEVELOPMENT AGREEMENT Near North
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Last modified
12/29/2015 1:30:29 PM
Creation date
12/29/2015 1:30:21 PM
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Resolution/Ordinance
Res Ord Num
R2005-49
Res Ord Title
AUTHORIZING DEVELOPMENT AGREEMENT NEAR NORTH REDEVELOPMENT PROJECT AREA - HOPE VI / PHASE II AND PHASE III
Approved Date
4/18/2005
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TABLE OF CONTENTS <br /> ARTICLE 1. ENGAGEMENT; REQUIRED TERMS............................................................2 <br /> 1.1 Recitals,Defined Terms and Eahib�ts......................................................2 <br /> 1.2 Contract Documents..................................................................................2 <br /> 1.3 Engagement................................................................................................3 <br /> 1.4 The Revitalization......................................................................................3 <br /> 1.5 Cooperation................................................................................................3 <br /> 1.6 Communications........................................................................................4 <br /> 1.7 Representatives..........................................................................................5 <br /> 1.8 Developer Not an Agent.............................................................................5 <br /> 1.9 Quality of Work; Compliance with Laws................................................5 <br /> 1.10 Performance Pending Dispute Resolution...............................................5 <br /> 1.11 Documents..................................................................................................5 <br /> 1.12 Selection of Third Party Contractors.......................................................6 <br /> 1.13 Miaed-Finance Development....................................................................8 <br /> 1.14 Term............................................................................................................8 <br /> ARTICLE 2. REVITALIZATION RESPONSIBILITIES OF DEVELOPER.....................8 <br /> 2.1 Scope of Revitalization Activities.............................................................8 <br /> 2.2 Phase II Components...............................................................................12 <br /> 2.5 Phase III Components.............................................................................13 <br /> 2.4 CommerciaU Retail Obligations.............................................................15 <br /> 2.5 Architectural and Engineering Services................................................15 <br /> ARTICLE 3. REVITALIZATION RESPONSIBILITIES OF THE CITY.........................15 <br /> 3.1 City Parcels...............................................................................................15 <br /> 3.2 City Infrastructure Obligations..............................................................18 <br /> 3.3 City Site Design Obligations...................................................................19 <br /> 3.4 City Phase II Homeownership Component and Phase III <br /> Homeownership Component Obligations..............................................19 <br /> 3.5 Access to City Parcels..............................................................................20 <br /> 3.6 City Support of Developer's Applications.............................................20 <br /> 3.7 City Revitalization Support....................................................................21 <br /> 3.8 City Ezecution of Documents..................................................................21 <br /> 3.9 City Response Procedure.........................................................................21 <br /> 3.10 City Obligations Related to Property Tazes..........................................21 <br /> 3.11 Loan of Phase II Infrastructure Funds and Phase III Infrastructure <br /> Funds.........................................................................................................21 <br /> ARTICLE 4. REVITALIZATION RESPONSIBILITIES OF DHA....................................22 <br /> 4.1 Phase II Site and P6ase III Site..............................................................22 <br /> 4.2 DHA Infrastructure Obligations............................................................23 <br /> 4.3 DHA Site Design Obligallons..................................................................23 <br /> 4.4 DHA Phase II Homeownership Component and Phase III <br /> Homeownership Component Obligations..............................................23 <br /> 4.5 Access to DHA Parcels.............................................................................23 <br /> 4.6 Reserved....................................................................................................24 <br /> i <br /> INDY 1566592v.2 <br />
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