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R2002-192 AUTHORIZING DEVELOPMENT AGREEMENT
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R2002-192 AUTHORIZING DEVELOPMENT AGREEMENT
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Last modified
1/14/2016 2:24:48 PM
Creation date
1/14/2016 2:24:37 PM
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Resolution/Ordinance
Res Ord Num
R2002-192
Res Ord Title
AUTHORIZING DEVELOPMENT AGREEMENT NEAR NORTH REDEVELOPMENT PROJECT AREA - HOPE VI
Approved Date
10/7/2002
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TABLE OF CONTENTS <br /> RECITALS 1 <br /> ARTICLE 1. ENGAGEMENT; REQUIRED TERMS 3 <br /> 1.1 Recitals, Defined Terms and Exhibits ........................................................ 3 <br /> 1.2 Contract Documents.................................................................................... 3 <br /> 1.3 Engagement................................................................................................. 3 <br /> 1.4 The Revitalization....................................................................................... 3 <br /> 1.5 Cooperation.................................................................................................4 <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 .................................................................................................. 6 <br /> 1.12 Selection of Third Party Contractors .......................................................... 6 <br /> 1.12.1 Selection of Affiliates...............................................................7 <br /> 1.12.2 Third Party Contractor Agreements .........................................7 <br /> 1.12.3 Access to Third Party Contractor Agreements.........................8 <br /> 1.12.4 Rejection of and Termination of Third Party Contractor <br /> Agreements...............................................................................8 <br /> 1.13 Mixed-Finance Development...................................................................... 8 <br /> 1.14 Term............................................................................................................ 8 <br /> ARTICLE 2. REVITALIZATION RESPONSIBILITIES OF DEVELOPER. 9 <br /> 2.1 Scope of Revitalization Activities .............................................................. 9 <br /> 2.1.1 Performance Milestones...........................................................9 <br /> 2.1.2 Revitalization Budget.............................................................10 <br /> 2.1.3 Financing................................................................................10 <br /> 2.1.4 Tax Credit Application Submission(s)...................................10 <br /> 2.1.5 Monthly Status Reports and Information..........................:....10 <br /> 2.1.6 Quarterly Status Reports and Information..............................10 <br /> 2.1.7 Section 3 Plan..........................................................:..............1 l <br /> 2.1.8 Resident Programs..................................................................1 l <br /> 2.1.9 Stakeholders ...........................................................................11 <br /> 2.1.10 Public Relations......................................................................12 <br /> 2.2 Phase I Site Components .......................................................................... 12 <br /> 2.2.1 Phase I Infrastructure Component..........................................12 <br /> 2.2.2 Phase I Homeownership Component.....................................13 <br /> ARTICLE 3. REVITALIZATION RESPONSIBILITIES OF THE CITY 13 <br /> 3.1 City Parcels............................................................................................... 13 <br /> 3.1.1 State of City Title...................................................................13 <br /> 3.1.2 City Environmental Remediation.......................:...................14 <br /> 3.1.3 Clean Site ...............................................................................14 <br /> 3.1.4 City Demolition and Remediation..........................................15 <br /> � 3.2 City Infrastructure Obligations................................................................. 15 <br /> Decatur Housing Authority Near North Impact Area Development Agreement <br /> Page i <br />
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