Discontinuance of City Street Sample Clauses

Discontinuance of City Street. A. The City shall undertake and pursue to conclusion, pursuant to Sections 95-33 through and including 95-36 of the City Code and/or relevant sections of the Statutes, the processes necessary to discontinue or abandon and demap those portions of the rights of way of such public streets as are designated in the Redevelopment Plan (and/or as may be provided for in this Agreement and as may hereafter be approved and implemented by amendment to the Redevelopment Plan) to be discontinued or abandoned. The abandonment of Xxxxxx Street shall be subject to the provisions set forth in Section 9.6 hereof. It is intended by the parties hereto that title to any such abandoned public street will devolve, pursuant to common law, at no cost, to the owners of said abutting properties on either side, to the center line of the right of way. It is also agreed by the parties that if Xxxxxx Street is discontinued or abandoned in accordance with Section 9.6 hereof, then Xxxxxx Street as depicted on the Conceptual Master Site Plan shall be rededicated as a City street following completion of the Project and the Redeveloper shall cooperate with the City to complete the process to accept Xxxxxx Street as a public street, or if the City deems it appropriate, to convey such easements to the City as are necessary to maintain Xxxxxx Street as a public right of way. In addition, the City shall retain an easement over that portion of any such street which shall constitute City sidewalks, in such form as the City may reasonably require. The effectuation of any such street abandonment, however, and the terms of any devolution or conveyance of title shall be subject to the requisite approvals of any and all Governmental Authorities having jurisdiction over such processes. The Agency and the City will prepare, submit and pursue applications for such approvals. The cost of filing fees associated with any such applications will constitute Acquisition Expenses. Upon the granting of such approvals, the City will quitclaim or release, as appropriate, its interest in said portion of Xxxxxx Street to the owners of the abutting properties. The Agency, at the request of the Redeveloper, shall exercise its authority and power under Section 8-133a of the Statutes to effectuate the temporary and/or permanent readjustment, relocation or removal of “public service facilities” from the rights of way of such discontinued public street.