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<br />I! -~ <br /> <br />:\ <br />Ii <br /> <br />;.; <br />, <br /> <br />i <br />~ ! <br /> <br />1\ <br />d <br />l! <br /> <br />li <br />" <br />[Development Agreement substantially in the form presented to <br />" the City and hereby authorizes the officers of the City in <br />their discretion to execute the same on behalf of the City, <br />with such additions and modifi.cations as those officers may <br />,deem desirable or necessary, as evidenced by their execution <br />thereof. <br /> <br />3. Upon execution and delivery of the Development <br />Agreement, the officers and employees of the City are hereby <br />,authorized and directed to take or cause to be taken such <br />actions as may be necessary on behalf of the City to implement <br />said agreement. <br /> <br />4. The Ci ty hereby determines that the execution and <br />,performance of the Development Agreement will help realize the <br />:ipublic purposes of the Act and are in furtherance of the <br />liDevelopment Plan. <br />l, <br /> <br />;: 5. The Council hereby ratifies and approves that certain <br />if letter of understanding, dated December 9, 1987, between the <br />!!City and G. N. Butler & Associates and authorizes the City <br />qofficials to effectuate said understanding upon the sale of <br />';the Development Property to the Developer under the <br />I\DeVelopment Agreement. <br /> <br />:1 Adopted <br />;'August 9th <br /> <br />by <br /> <br />the New <br />, 1988. <br /> <br />Brighton <br /> <br />City <br /> <br />Council <br /> <br />on <br /> <br />ji <br />I' <br /> <br />~ <br />~~l /1- <br /> <br />ei anager <br /> <br /> <br />j\ <br /> <br />ii <br />I: -_.'~"'~' ~'. <br /> <br />iiAtt~E: , <br />I - ' <br />I. <br /> <br />il.\~,.,:,.""""/' <br />I - <br />::Ci ty c.. rk": reasurer <br /> <br />Ii ( SEAL) <br /> <br />i <br />I: <br />