Redevelopment Plan. The Redevelopment Plan has been duly authorized and adopted by the Borrower, remains in full force and effect and, except as disclosed to the Bank in writing, has not been amended, superseded or replaced.
Redevelopment Plan. The Developer has delivered to the Town a redevelopment plan for the Project (the “Redevelopment Plan”), a copy of which is attached as Exhibit C. The Redevelopment Plan includes an overall description of the Project and project phasing for the sequencing of the Project. The Developer may amend the Redevelopment Plan at any time prior to obtaining the Project Permits with the written consent of the Town, which consent shall not be unreasonably withheld. The Developer shall apply to the Town’s Planning and Zoning Commission and all other relevant boards and commissions for any Project Permits necessary to implement the Redevelopment Plan and the Project. Following the issuance of Project Permits, the Redevelopment Plan and the Project may only be amended with the consent of the Town and the approval of any relevant board of commission whose approval is necessary as a result of such amendment.
Redevelopment Plan. The Developer represents that the Project is and shall be in compliance with all of the terms of the Redevelopment Plan.
Redevelopment Plan a. The City shall provide the Redevelopment Plan and any amendments to the Redevelopment Plan to the County for approval by an affirmative vote of the County Commission prior to the City's adoption of the Redevelopment Plan and · any amendments.
b. The Redevelopment Plan and all amendments to the Redevelopment Plan shall meet all the requirements of statute, including the requirement that the plan contain a detailed statement of the projected costs of redevelopment, "including the amounts to be expended on publicly funded capital projects in the redevelopment area and any indebtedness of the community redevelopment agency... if such indebtedness is to be repaid with increment revenues." See Sec. 163.362(9), Fla. Stat.
c. The Redevelopment Plan and any amendments to the Redevelopment Plan shall not include projects on or directly serving property currently identified as Tax Parcels 00000-000-000, Parcel 00000-000-000 Parcel 00000-000-000, Parcel 01934-003- 000 and Parcel 00000-000-000 without first obtaining approval from the County. Notwithstanding the requirements of this subsection, the City and the CRA do not need to obtain approval from the County, separate from the Redevelopment Plan, for public infrastructure projects adjacent to the parcels enumerated above.
d. The Redevelopment Plan and any amendments to the Redevelopment Plan shall include a requirement that no more than 30% of all funds deposited into the CRA trust fund be used on administrative costs necessary or incidental to the implementation of a community redevelopment plan adopted by the agency. Administrative costs are costs related to CRA functions; including general accounting, budgeting, financial and cash management, procurement and purchasing, personnel and property management, payroll, audit and general legal services, oversight and management of CRA activities, developing systems and procedures. Administrative costs do not include capital and operating costs associated with projects. In no case may funds from the CRA trust fund be used for general government operating expenses unrelated to the planning and carrying out of the Redevelopment Plan.
e. The remaining funds in the CRA trust fund may be used to fund all CRA projects included in the Redevelopment Plan and to fund the expenses associated with those projects.
f. Redevelopment activities and projects in the Redevelopment Plan shall be designed to mitigate the slum/blighted conditions of the redevelopment area that are the bas...
Redevelopment Plan. As defined in the Rectials to this Agreement.
Redevelopment Plan. CTA represents that the Project is and shall be in compliance with all of the terms of the Redevelopment Plan, which is hereby incorporated by reference into this Agreement.
Redevelopment Plan. It is the intention of the Parties that the Property shall be reclaimed and redeveloped under the provisions set forth on the Operations Plan which is attached and incorporated herein including all of its exhibits, including Exhibit 4, the Heartland Recycling Facility and Land Reclamation Project Preliminary Stormwater Management Analysis & Report And SWPP Implementation Plan, and all of the Exhibits to it including Exhibit EC, Existing Conditions; Exhibit EU, Existing Utilities, Exhibit CSDP, Conceptual Site Development Plan, and Exhibit LROIP, Land Reclamation, Operations and Implementation Plan prepared by CEMCON, last revised on October 11, 2017. The Property is contemplated to be developed in accordance with the Concept Plat prepared by CEMCON and last revised on October 11, 2017. The development of the Property after completion of the Land Reclamation, Operations and Implementation Plan shall be the subject of plans and submittals A preconstruction meeting with Village representatives and review of the Soil Erosion Control measures shall be required prior to the start of each phase.
Redevelopment Plan. It would help to facilitate the ongoing renovation of the building at 000/000/000 Xxxx Xxxxxx. A revised agreement is attached. Attachment: Ordinance Revised Agreement Redevelopment Program Guidelines Redevelopment Program Application Cc: Xxxx Xxx-Xxxxxx Xxxxxx Xxxxx AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH XXXXXXX XXX-XXXXXX NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF URBANA, ILLINOIS, as follows:
Redevelopment Plan. LESSEE shall develop the Premises in accordance with a redevelopment plan (the "Redevelopment Plan") approved by CITY and with all permits and approvals by competent governmental authorities. A summary of the Redevelopment Plan requirements as of the Effective Date are set forth in Exhibit C: Redevelopment Plan Summary, attached hereto. CITY may authorize changes to any approved plans, provided that the principal components as defined in the approved plans may not be modified without City Council approval. Documentation evidencing any approved changes shall be filed in the Office of the San Diego City Clerk. LESSEE shall notify CITY if construction is stopped for thirty (30) days or more, and again when construction resumes.
Redevelopment Plan. PGAV will prepare a Redevelopment Plan for a Redevelopment Project Areas that addresses the following elements of a Redevelopment Plan under the TIF Act:
a. Plan objectives;
b. General description of the program to be undertaken to accomplish the objectives;
c. Estimated redevelopment project costs;
d. Anticipated sources of funds to pay the costs;
e. Evidence of the commitments to finance the project costs;
f. Anticipated type and term of the sources of funds to pay costs;
g. Anticipated type and terms of the obligations to be issued;
h. Most recent equalized assessed valuation of the Redevelopment Area;
i. An estimate as to the equalized assessed valuation after redevelopment;
j. General land uses to apply in the Redevelopment Area; and
k. Such other items necessary to establish a Redevelopment Area pursuant to Section 99.805 R.S. Mo., as amended, including:
1) Development of a master address list for mailing notification letters to taxing districts and property owners, and development of newspaper notices required for compliance with TIF Act notification provisions unless otherwise prepared by the City’s legal counsel. (Note: The City will be responsible for printing and mailing the notification letters and placement of the published notices in the newspaper);
2) The required narrative, tabular, graphic data and map exhibits necessary to constitute the Redevelopment Plan document;
3) Development of a project schedule to be used as the ongoing agenda for program and plan implementation; and
4) Coordination of program activities with other participants, including key City staff, City Attorney (and Special TIF Counsel/Bond Counsel if any), investment banker/bond underwriter, and the selected developer(s).
