CCP 07-27-2010 - Laserfiche WebLink

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• basis all necessary and appropriate gevemmental actions needed to redevelop the Redevelopment Property, including but net limited to, those actions needed to. complete the City Work; amend me City's comprehensive plan and the zoning codes; acquire me Redevelopment Property; remediate adverse enviromnental conditions on me Redevelopment Property; obtain fwds for acquisition of the Redevelopment Property, environmental remediation and redevelopment; provide public fmmrcinie and enter into redevelopment agreements for the planned redevelopment wenn the Redevelopment Properly. (b) The City shall (i) have the sole obligation and responsibility for the redevelopment of the Redevelopment Property, bit enter into contracts for private redevelopment, (iii) obtain financial assistance horn federal, nate, regional aal local authorities to redevelop the Redevelopment Property, and (iv) determine whether, avd to what reveal financial or site assembly assistance, including authorizing the use ofeminers domain, will be necessary to induce redevelopment of the Redevelopment Property. (c) The City shall select,abroad and pay for fiscaVmx increment Wanting consultants, appraisers, relocation specialists and attorneys regarding the redevelopment of the Redevelopment Property. (d) Provided that there are available resources, the City intends to acquire all of the • Redevelopment Property by private purchase or eminent domain (e) The City may allocate available tax moratoria to assist particular developments within the Redevelopment Property in a manner which it deems appropriate to promote we fullest development of the errcre Redevelopment Property. Section 0.2 Diseretionary Actions. The Redeveloper acknowledges that many of the actions to be taken by the City described in this Article and this Agreement call for the City to act in its reasonable discretion or to exercise its legislative judgment. Such actions may only be made following procedures established by the City w of the date hereof The Redeveloper further acknowledges that under existing law, the City may not commit hereamder to make any specific decisions on Panne legislative or discretiovary questions or decisions. ARTICLE V The Redeveloper and the City acknowledge that the Redevelopment Property may be redeveloped in non-contiguous phases over a number of years. The redevelopment of the Redevelopment Property, including one scope, nature and location of phased redevelopment will be subject to such pennon as the City, in its reasonable judgment, deems consistent with the master plan and marker condition, taking into consideration the following variables: timing; • geographic areas within the Redevelopment Properly, the scope of necessary improvements; and me type of development to lake place (for example, residential, commercial, or indumdal).