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R2015-116 Redevelopment Agreement Evergreen Hospitality
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R2015-116 Redevelopment Agreement Evergreen Hospitality
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Last modified
3/8/2017 12:43:32 PM
Creation date
3/8/2017 12:43:30 PM
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Resolution/Ordinance
Res Ord Num
R2015-116
Res Ord Title
Redevelopment Agreement Evergreen Hospitality
Department
Development Services
Approved Date
10/19/2015
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Back: 4- 5-50 age: =r <br /> TABLE OF <br /> CONTENTS <br /> Contents Page <br /> REDEVELOPMENT AGREEMENT................................................................................................1 <br /> RECITALS............................................................................................................................................4 <br /> ARTICLEI: DEFINITIONS ..............................................................................................................5 <br /> ARTICLE II: DEVELOPMENT OF THE PROJECT....................................................................6 <br /> 2.1 Development of the Project........................................................................................................6 <br /> 2.2 Changes in Plans. ........................................................................................................................6 <br /> 2.3 Final Site Plan..............................................................................................................................6 <br /> 2.4 Construction Plans......................................................................................................................6 <br /> 2.5 Amended Construction Plans.....................................................................................................6 <br /> 2.6 Commencement and Completion Requirements......................................................................7 <br /> 2.6.1 Commencement.......................................................................................................................................7 <br /> 2.6.2 Completion..............................................................................................................................................7 <br /> 2.7 Certificate of Completion...........................................................................................................7 <br /> 2.8 Form of Certification..................................................................................................................7 <br /> 2.9 Quality of Construction and Conformance to Federal,State and Local Requirements......7 <br /> 2.10 Utilities.........................................................................................................................................7 <br /> 2.11 Insurance......................................................................................................................................8 <br /> 2.11.1 Liability Insurance Prior to Completion. ................................................................................................8 <br /> 2.11.2 Builder's Risk Prior to Completion.........................................................................................................8 <br /> 2.12 Lien Waivers................................................................................................................................8 <br /> 2.13 Rights of Inspection.....................................................................................................................8 <br /> ARTICLE III: CITY OBLIGATIONS..............................................................................................8 <br /> 3.1 Public Investment........................................................................................................................8 <br /> 3.2 Zoning...........................................................................................................................................9 <br /> 3.3 Easements.....................................................................................................................................9 <br /> ARTICLE IV: PUBLIC INVESTMENT...........................................................................................9 <br /> 4.1 Public Investment........................................................................................................................9 <br /> 4.2 Adjustment of Public Investment..............................................................................................9 <br /> ARTICLE V: CONDITIONS PRECEDENT TO CITY OBLIGATIONS AND ONGOING <br /> BENEFITS............................................................................................................................................9 <br /> 5.1 Conditions Precedent to Transaction........................................................................................9 <br /> ARTICLE VI: OPERATION OF THE PROJECT........................................................................10 <br /> 6.1 Operation and Maintenance of the Project. ...........................................................................10 <br />
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