Common use of Nature of Urban Renewal Project and Purpose of Agreement Clause in Contracts

Nature of Urban Renewal Project and Purpose of Agreement. The proposed Urban Renewal Project consists of all undertakings and activities authorized in the Urban Renewal Plan and the Act to eliminate blighted conditions and improvements including designing, developing and constructing the various public improvements and private improvements necessary to serve the Urban Renewal Plan Area, which includes improvements located within and outside the Urban Renewal Plan Area. Approval of the Urban Renewal Plan is subject to recent legislation, including requirements imposed by HB 15-1348 for new urban renewal plans adopted after January 1, 2016.

Appears in 2 contracts

Samples: Cooperation Agreement, Cooperation Agreement

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Nature of Urban Renewal Project and Purpose of Agreement. The proposed Urban Renewal Project consists of any and all undertakings and activities authorized in the Urban Renewal Plan and the Act to eliminate blighted conditions of blight, including, without limitation, demolition and improvements including designingclearance of existing deteriorated buildings and structures, developing and constructing to comply with Section 31-25-107(4)(g) of the various public improvements Act that requires the Plan afford maximum opportunity, consistent with the sound needs of the municipality as a whole, for the rehabilitation and private improvements necessary to serve the Urban Renewal Plan Area, which includes improvements located within and outside the Urban Renewal Plan Area. Approval redevelopment of the Urban Renewal Plan is subject to recent legislation, including requirements imposed Area by HB 15-1348 for new urban renewal plans adopted after January 1, 2016private enterprise.

Appears in 1 contract

Samples: Property Tax Increment Revenue Agreement

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Nature of Urban Renewal Project and Purpose of Agreement. The proposed Urban Renewal Project consists of any and all undertakings and activities authorized in the Urban Renewal Plan and the Act to eliminate blighted conditions of blight and improvements including designingto comply with Section 31-25-107(4)(g) of the Act that requires the Plan afford maximum opportunity, developing consistent with the sound needs of the municipality as a whole, for the rehabilitation and constructing the various public improvements and private improvements necessary to serve the Urban Renewal Plan Area, which includes improvements located within and outside the Urban Renewal Plan Area. Approval redevelopment of the Urban Renewal Plan is subject to recent legislation, including requirements imposed Area by HB 15-1348 for new urban renewal plans adopted after January 1, 2016private enterprise.

Appears in 1 contract

Samples: Property Tax Increment Revenue Agreement

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