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R2002-192 AUTHORIZING DEVELOPMENT AGREEMENT
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R2002-192 AUTHORIZING DEVELOPMENT AGREEMENT
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1/14/2016 2:24:48 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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"Public Infrastructure Improvements"has the meaning given in Section 2.2.1. <br /> "PD"means the existing planned development district affecting portions of the Impact Area. <br /> "R&O"shall mean a regulatory and operating agreement and shall have the meaning given <br /> to it in Section 4.9 and 6.4. <br /> "REMCO"shall means Resident Employment Management Corporation/Family Council. <br /> (provide legal name of organization) <br /> "Revitalization" means the development of the Components and the other development <br /> activities contemplated in this Agreement. <br /> "Revitalization Budget"means comprehensive schedule of fund sources and uses for the <br /> Revitalization as described in Exhibit G. <br /> "Revitalization Plan"has the meaning given in Recital C. <br /> "Revitalization Schedule" means the schedule for the Revitalization described in <br /> Section 2.1.2 and found in Exhibit F. <br /> "RFQ"has the meaning given in Recital E. <br /> "Section 3"means Section 3 ofthe Housing and Urban Development Act of 1968, 12 U.S.C. <br /> 1701u, and its implementing regulations. <br /> "Stakeholders"means with respect to any Component the relevant Prior Residents,residents <br /> of the Impact Area, citizen district councils (including but not limited to REMCO), community <br /> development corporations, as the context may require. <br /> "Substantial Completion" for purposes of the construction of any Component under the <br /> terms of this Agreement,means completion in accordance with the plans and specification therefor, <br /> free of all mechanics liens, subject only to the further completion of minor punch list items, as <br /> evidenced by a Certificate of Occupancy,provided if the issuance of such Certificate of Occupancy <br /> is unreasonably delayed, then as evidenced by an architect's certification. <br /> "Task Fee"has the meaning given in Section 7.6. <br /> "Task Order"has the meaning given in Section 7.6. <br /> "Third Party Contractor"has the meaning given in Section 1.12. <br /> "Third Party Costs" means the cost of work related to the Revitalization performed by <br /> Contractors provided that such costs are consistent with the Revitalization Budget. Developer's <br /> overhead costs, including the salaries of Developer's employees, shall not be deemed Third Party <br /> Costs. <br /> B-6 <br />
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