REDEVELOPMENT AGREEMENT AND FINANCIAL AGREEMENTRedevelopment Agreement and Financial Agreement • December 3rd, 2021
The Redevelopment Agreement (the “RDA”) and the Financial Agreement (the “FA,” and together with the RDA, the “Agreements”) between the City of Lambertville (the “City”) and LAMBERTVILLE URBAN RENEWAL, LLC, and affiliate of Kalian Management, LLC (the “Redeveloper”) are complete and the Governing Body is being asked to approve execution of the Agreements. Capitalized terms used herein shall be as defined the Agreements. The main business points of the Agreements are as follows:
