Common Contracts

Owner Participation Agreements

Owner Participation Agreement • June 13th, 2001

• Contract Type
  Owner Participation Agreement
• Filed
  June 13th, 2001

The owner participation agreement (OPA) is a legal agreement between the Redevelopment Agency and a property owner within the redevelopment project area for the development of the subject property in accordance with the adopted redevelopment plan. The OPA commits the property owner to produce a specific project within a defined time frame