Redevelopment Agreement Sample Contracts

CITY OF LINCOLN REDEVELOPMENT AGREEMENT
Redevelopment Agreement • February 10th, 2022 • Nebraska

THIS REDEVELOPMENT AGREEMENT is entered into between the CITY OF LINCOLN, NEBRASKA, a municipal corporation in the State of Nebraska (“City), and Tabitha InterGen, LLC, a Nebraska limited liability company and their successors and assigns (“Redeveloper”).

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HAWTHORNE PLAZA REDEVELOPMENT AGREEMENT
Redevelopment Agreement • September 3rd, 2013 • Kansas

of 1.0% within the District to be used to pay for and/or reimburse certain Project Costs (as defined in Section 3.01 below). The Ordinance specifies that the CID Sales Tax is to commence on , 201 , or any other effective date that the City may approve by ordinance if a change in the effective date is requested in writing by all owners of record in the District. The CID Ordinance is attached hereto as Exhibit E.

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • June 2nd, 2022 • Illinois

THIS REDEVELOPMENT AGREEMENT is entered into this th day of June, 2022, by and between CITY OF ROCHELLE, an Illinois municipal corporation (“City”), and SELDAL PROPERTIES, LLC, an Illinois limited liability company (“Developer”).

CITY OF LINCOLN REDEVELOPMENT AGREEMENT
Redevelopment Agreement • January 6th, 2022 • Nebraska

THIS REDEVELOPMENT AGREEMENT is entered into between the CITY OF LINCOLN, NEBRASKA, a municipal corporation in the State of Nebraska (“City), and The Millennial LLC, a Nebraska limited liability company and their successors and assigns (“Redeveloper”).

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • July 24th, 2020 • Essex

This REDEVELOPMENT AGREEMENT (as amended or supplemented from time to time, the “Agreement” or “Redevelopment Agreement”) dated as of March , 2019 (the “Effective Date”) is entered into by and between THE CITY OF ORANGE TOWNSHIP, a municipal corporation of the County of Essex and the State of New Jersey, having its offices at 29 North Day Street, Orange, New Jersey 07050, acting as redevelopment entity pursuant to N.J.S.A. 40A:12A-4(c) (the “City” or the “Redevelopment Entity”), and FTGRE 205 MOUNT VERNON URBAN RENEWAL, LLC, a limited liability company with an address of 492C Cedar Lane, Suite 310, Teaneck, NJ 07666 (the “Redeveloper”)(collectively, the “Parties”).

CITY OF LINCOLN REDEVELOPMENT AGREEMENT
Redevelopment Agreement • May 5th, 2020 • Nebraska

THIS REDEVELOPMENT AGREEMENT is entered into between the CITY OF LINCOLN, NEBRASKA, a municipal corporation in the State of Nebraska (“City), and PCE, Inc., a Nebraska corporation, and its successors and assigns (“Redeveloper”).

CITY OF LINCOLN REDEVELOPMENT AGREEMENT
Redevelopment Agreement • June 1st, 2022 • Nebraska

THIS INSTINCT REDEVELOPMENT AGREEMENT (“Redevelopment Agreement”) is entered into as of the day of 2022, by and between the CITY OF LINCOLN, NEBRASKA, a municipal corporation (hereinafter referred to as “City”), and M. I Industries Inc., a Nebraska corporation (hereinafter referred to as “Redeveloper”).

8/15/13 EXECUTIVE SUMMARY HAWTHORNE PLAZA REDEVELOPMENT AGREEMENT
Redevelopment Agreement • August 16th, 2013
REDEVELOPMENT AGREEMENT
Redevelopment Agreement • May 10th, 2023 • Nebraska

NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements herein set forth, CDA and Redeveloper do hereby covenant, agree and bind themselves as follows:

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • August 11th, 2022

THIS REDEVELOPMENT AGREEMENT (“Agreement”) is made as of this day of _, 2022, (“Effective Date”) by and among the Stillwater Economic Development Authority, a public trust (“Authority”), and EVERYMAN, LLC, an Oklahoma limited liability company (“Business”) and JUST THE LETTER J CAPITAL, LLC, an Oklahoma limited liability company (“Property Owner”); the Business and Property Owner are collectively referred to herein as the “Redeveloper.”

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • December 19th, 2023 • New Jersey

This Redevelopment Agreement (the “Agreement” or “Redevelopment Agreement”) is dated as of this 5th day of December, 2023, and entered into by and between THE TOWNSHIP OF WEST ORANGE, NEW JERSEY (the “Township”), a public body corporate and politic of the State of New Jersey in the County of Essex having its offices at 66 Main Street, West Orange, New Jersey 07052, in its capacity as redevelopment entity pursuant to N.J.S.A. 40A:12A-4(c), and MDGA – WEST ORANGE DOWNTOWN REDEVELOPMENT, LLC,,

CITY OF LINCOLN, NEBRASKA REDEVELOPMENT AGREEMENT
Redevelopment Agreement • September 7th, 2017 • Nebraska

THIS REDEVELOPMENT AGREEMENT (NIC Phase II) (“Redevelopment Agreement”) is entered into as of the day of , 2017, by and between the CITY OF LINCOLN, NEBRASKA, a municipal corporation (hereinafter referred to as “City”), and Huvepharma, Inc., a Delaware corporation, qualified to do business in the State of Nebraska, and its successors and assigns (hereinafter referred to as “Redeveloper”).

TO: Mayor Prussing
Redevelopment Agreement • December 8th, 2005

The purpose of this memo is to seek approval for the Mayor to enter into an amended redevelopment agreement with Bear Properties, LLC. The original development agreement was approved by the Urbana City Council in January of 2005. That agreement called for the developer to build a new “spec” retail building and for the City to subsidize the project annually for a ten-year period. The agreement further called for the City to vacate the Cunningham Avenue and Courtesy Road abandoned rights-of-way.

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • February 13th, 2020 • New Jersey

THIS REDEVELOPMENT AGREEMENT (the “Agreement” or “Redevelopment Agreement”) is entered into this 12th day of November, 2020 between:

Economic Development Division
Redevelopment Agreement • March 24th, 2005

The purpose of this memorandum is to seek approval for the Mayor to enter into a redevelopment agreement (the Agreement) with Five Points Northeast, LLC (the Developer) in consideration of its desire to allow the development of a Walgreen’s Drug Store and to construct a minimum of 30,000 square feet of new retail, service and office space (the Development), located on a 5-acre site (the Site), at the northeast corner of the “Five Points” intersection (see attached location exhibit). The developer envisions a drugstore, commercial/office strip center, and outlot retail development on the site, as generally portrayed in the attached conceptual site plan. The agreement would provide the developer with forgiveness of a previous City loan for clearance and remediation of the site as well as the sale, transfer, and conveyance of certain City-owned property within the development area. Under the terms of a previous redevelopment agreement dated September 1, 2003 and later superseded on April

CITY OF LINCOLN REDEVELOPMENT AGREEMENT
Redevelopment Agreement • May 5th, 2020 • Nebraska

THIS REDEVELOPMENT AGREEMENT (Washington Square Project) is entered into between the CITY OF LINCOLN, NEBRASKA, a municipal corporation in the State of Nebraska (ACity@), and WASHINGTON SQUARE, L.L.C., a Nebraska limited liability company (ARedeveloper@).

AMENDED AND RESTATED REDEVELOPMENT AGREEMENT BY AND BETWEEN
Redevelopment Agreement • October 16th, 2022 • New Jersey

Date”), by and between THE BOROUGH OF FLEMINGTON (the “Borough”), a municipal corporation and body politic of the State of New Jersey, having its offices at 38 Park Avenue, Flemington, New Jersey 08822 and FLEMINGTON CENTER URBAN RENEWAL, LLC, a limited liability company authorized to conduct business within the State of New Jersey and having a business office located at 5 Bartles Corner Road, Flemington, New Jersey 08822 (the “Redeveloper”) (together the “Parties” and individually a “Party”).

REDEVELOPMENT AGREEMENT BETWEEN FORD OF HOMEWOOD INC.
Redevelopment Agreement • August 19th, 2024

This Redevelopment Agreement is executed effective as of , 2024 (the “Effective Date”) by the Village of Homewood, Cook County, Illinois, an Illinois municipal corporation (the “Village”) and Ford of Homewood, Inc., an Illinois corporation (“Dealership”) , and Ford of Homewood Properties, LLC, an Illinois limited liability company (“Property Owner”) (the Dealership and the Property Owner being collectively referred to as the “Developer”). Capitalized terms used shall have the meaning ascribed in the Redevelopment Agreement unless expressly modified herein, or if the context clearly indicates otherwise.

NINTH & NEW HAMPSHIRE TAX INCREMENT FINANCING DISTRICT REDEVELOPMENT AGREEMENT‌
Redevelopment Agreement • April 9th, 2014 • Kansas

The undersigned, pursuant to that certain Ninth & New Hampshire Tax Increment Financing District Development Agreement for the North Project Area dated as of April 15, 2014 (the “Agreement”), between the City of Lawrence, Kansas (the “City”) and 100 East 9th Street, LLC (the “Developer”), hereby certifies to the City as follows:

Economic Development Division
Redevelopment Agreement • January 20th, 2005

The purpose of this memorandum is to seek approval for the Mayor to enter into a pre-development agreement with Blackrock Properties, Inc. in consideration of its desire to construct a minimum of 50,000 square feet of new retail, service and office space, located on a 10-acre site, at the northwest corner of the “Five Points” intersection (see attached location exhibit). The developer envisions a combination of hotel, restaurant, shopping center, and outlot retail development on the site, as generally portrayed in the attached conceptual site plan. The agreement would provide the developer with assurances of future City assistance that are necessary to complete a planned purchase of the property. Under the terms of the development agreement, detailed development plans would be prepared at a future date for City review and approval. Special Use Permit approval would also be necessary for the shopping center component of the project.

THE EWING TOWNSHIP REDEVELOPMENT AGENCY,
Redevelopment Agreement • September 4th, 2024 • New Jersey
REDEVELOPMENT AGREEMENT BETWEEN DP HOMEWOOD, LLC, BANA THREE CORPORATION AND THE VILLAGE OF HOMEWOOD FOR PROPERTY AT 3043-3055 183RD STREET
Redevelopment Agreement • May 21st, 2024 • Illinois

This Redevelopment Agreement is executed effective as of April 30, 2024 (the “Effective Date”) by the Village of Homewood, Cook County, Illinois, an Illinois municipal corporation (the “Village”), DP Homewood, LLC , an Illinois limited liability company (“DP Homewood”) and Bana Three Corporation, an Illinois corporation (“Bana”) (DP Homewood and Bana may collectively and individually be referred to as the “Developer”). Capitalized terms used shall have the meaning ascribed in the Redevelopment Agreement unless expressly modified herein, or if the context clearly indicates otherwise.

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AUTHORIZING EXECUTION OF THE WATER STREET COMMONS REDEVELOPMENT AGREEMENT
Redevelopment Agreement • June 16th, 2004

Except as otherwise expressly provided herein, this Agreement supersedes all prior agreement, negotiations and discussions relative to the subject matter hereof and is a full integration of the agreement of the parties.

CITY OF LINCOLN REDEVELOPMENT AGREEMENT
Redevelopment Agreement • September 13th, 2018 • Nebraska

2018, by and between the CITY OF LINCOLN, NEBRASKA, a municipal corporation (hereinafter referred to as “City”), the WEST HAYMARKET JOINT PUBLIC AGENCY, a political subdivision and corporate body politic of the State of Nebraska (hereinafter referred to as “JPA”), and PROJECT OSCAR 2.0, LLC, a Nebraska limited liability company (hereinafter referred to as “Redeveloper”).

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • July 20th, 2015 • New Jersey

WHEREAS, in 2002, following a recommendation of the West Orange Planning Board (the “Planning Board”), the Mayor and Township Council (the “Governing Body”) adopted a Resolution designating as an “area in need of redevelopment” certain areas within the West Orange downtown area (the “Downtown Redevelopment Area” or “Redevelopment Area”) pursuant to N.J.S.A. 40A:12A-5 of the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq. (the “Redevelopment Law”); and

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • November 15th, 2021

day of , 2021, by and between E’s Corner Deli, Ltd., an Illinois corporation (“E’s CORNER DELI”), and the City of Rochelle, Ogle County, Illinois, an Illinois municipal corporation (the “City”), and is based on the following recitals:

AMENDED AND RESTATED REDEVELOPMENT AGREEMENT
Redevelopment Agreement • September 15th, 2017 • New Jersey

This Amended and Restated Redevelopment Agreement (the “Agreement” or “Redevelopment Agreement”) is dated as of this day of , 2017 and entered into by and between THE TOWNSHIP OF WEST ORANGE, NEW JERSEY (the “Township”), a public body corporate and politic of the State of New Jersey having its offices at 66 Main Street, West Orange, New Jersey 07052, in its capacity as redevelopment entity pursuant to

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • May 5th, 2020 • New Jersey

THIS AGREEMENT (the “Agreement”), dated as of December 13, 2017 by and between the BOROUGH OF MIDDLESEX, a municipal corporation of the State of New Jersey, with offices at 1200 Mountain Avenue, Middlesex, New Jersey 08846, acting in the capacity of a redevelopment entity pursuant to the provisions of the Local Redevelopment and Housing Law,

Contract
Redevelopment Agreement • May 5th, 2020 • Nebraska
CITY OF LINCOLN, NEBRASKA REDEVELOPMENT AGREEMENT
Redevelopment Agreement • February 4th, 2021 • Nebraska

Agreement” or “Agreement”) is entered into this day of , 2021 (“Date of this Agreement”), by and between the CITY OF LINCOLN, NEBRASKA, a municipal corporation (hereinafter referred to as “City”) and BIC DEVELOPMENT LLC, a Nebraska limited liability company (hereinafter referred to as “Redeveloper”).

TITLE OF DOCUMENT: REDEVELOPMENT AGREEMENT
Redevelopment Agreement • January 11th, 2019
Redevelopment Agreement
Redevelopment Agreement • August 20th, 2021 • Florida

, 2021 (the “Effective Date”), between the DOWNTOWN INVESTMENT AUTHORITY, a community redevelopment agency on behalf of the City of Jacksonville (the “DIA”) and LAURA TRIO, LLC, a Delaware limited liability company (the “Developer”).

AGREEMENT
Redevelopment Agreement • May 30th, 2013

This Agreement is made this day of , 2013 by and between the Township of Franklin in the County of Gloucester (“Township”), and the New Jersey Department of Environmental Protection and the Administrator of the New Jersey Spill Compensation Fund (collectively, “DEP”).

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • March 8th, 2021 • New Jersey

This Redevelopment Agreement (the “Agreement” or “Redevelopment Agreement”) is dated as of this day of , 2021 and entered into by and between THE TOWNSHIP OF WEST ORANGE, NEW JERSEY (the “Township”), a public body corporate and politic of the State of New Jersey having its offices at 66 Main Street, West Orange, New Jersey 07052, in its capacity as redevelopment entity pursuant to N.J.S.A. 40A:12A-4(c), and GREEN ESSEX PARTNERS URBAN RENEWAL, LLC, a limited liability company of the State of New Jersey in accordance with the provisions of the Long Term Tax Exemption Law of 1992, as amended and supplemented, N.J.S.A. 40A:20-1 et seq. (the “Exemption Law”), with offices at c/o BNE Real Estate Group, 16 Microlab Road, Suite A, Livingston, New Jersey 07039 (together with its permitted successors or assigns as hereinafter provided, the “Redeveloper”; each of the Township and the Redeveloper a “Party” and collectively the “Parties”).

REDEVELOPMENT AGREEMENT
Redevelopment Agreement • April 19th, 2023 • Colorado

This REDEVELOPMENT AGREEMENT (this “Agreement”) dated as of March 23, 2023 (“Effective Date”), is made by and among 1024 8TH AVENUE, LLC, a Delaware limited liability company (“Developer”), the CITY OF GREELEY, a municipal corporation (“City”), and the GREELEY DOWNTOWN DEVELOPMENT AUTHORITY, a body corporate and politic of the State of Colorado (“Authority”). Developer, City, and Authority are sometimes collectively called the “Parties,” and individually, a “Party.”

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