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Resolution 1125
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Resolution 1125
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Last modified
10/30/2019 12:07:49 PM
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10/29/2019 4:33:01 PM
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MV City Council
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Resolutions
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10. The apPlicant shal ' depovit not less than 550u, <br />With thQ illij.-I lCilt'vem to ruiver (:ity nciminirtrative <br />expenneu which duipDvii, is roji -t-funflaile. <br />11. The City rvAurvar the riqht tu amploy legal, <br />ecit. juntinq , a pprai st, I, f Inaric.4. a I, o jig inevring, <br />aich1tecturalt, and other cuni6altarttv to review <br />the proposed project and its financing, and the <br />coilt# tege/tItur With admlinimtv4tive expense, shall <br />be paid by -the applicant, whother cvr nc)t the City <br />jqrses to finance the project lur whether or not <br />It 15 bLil%, The City rvaerves tr-.e rignt to <br />regitire a camh depogic sufficiont to cover such* <br />cunsultinq costs. Any unkxpended btalance of such <br />deposit shell be raturnod to the applicant if the <br />project in aborted for any reason. if the project <br />in apprr-v-J, the City will allow said expenses to <br />beconle part of the project cout financed. <br />*12. Dopanding on t I lie tacts, the City irtay raquire the <br />applicant to establish and maintain a significaht <br />equity in the structure and to maintain a reserve <br />balance or deposit of securities with or for t�# <br />Tjq� E ' I f - W I <br />ri <br />1 11� f _-1 Y <br />1 <br />L'"ki I lit!ki h <br />Wit I f It <br />J L-411 t'.h I t -i" 'It <br />I Jill 'A Ilm I t j .11(i I <br />tase parmltu <br />unluan <br />an i11tVnt1()1l <br />t" rucluosit --ach, <br />finnncirp in <br />L_ <br />communicnted U) tLe <br />Cir- i <br />--, _)rior tc: <br />apply.,w] ior <br />1-kich <br />litarilil"V, <br />10. The apPlicant shal ' depovit not less than 550u, <br />With thQ illij.-I lCilt'vem to ruiver (:ity nciminirtrative <br />expenneu which duipDvii, is roji -t-funflaile. <br />11. The City rvAurvar the riqht tu amploy legal, <br />ecit. juntinq , a pprai st, I, f Inaric.4. a I, o jig inevring, <br />aich1tecturalt, and other cuni6altarttv to review <br />the proposed project and its financing, and the <br />coilt# tege/tItur With admlinimtv4tive expense, shall <br />be paid by -the applicant, whother cvr nc)t the City <br />jqrses to finance the project lur whether or not <br />It 15 bLil%, The City rvaerves tr-.e rignt to <br />regitire a camh depogic sufficiont to cover such* <br />cunsultinq costs. Any unkxpended btalance of such <br />deposit shell be raturnod to the applicant if the <br />project in aborted for any reason. if the project <br />in apprr-v-J, the City will allow said expenses to <br />beconle part of the project cout financed. <br />*12. Dopanding on t I lie tacts, the City irtay raquire the <br />applicant to establish and maintain a significaht <br />equity in the structure and to maintain a reserve <br />balance or deposit of securities with or for t�# <br />
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