CC PACKET 10131987 - Laserfiche WebLink

Home Browse Search

No approval by the,.HRA. shall relieve Redeveloper of • the :obli•gation to comply .with. the 'terms of :this - Agreement, the. :terms- of the Redevelopment :Plan, applicable federal, state and local l-aws, - ordinances,.•, rules and regulations, -or- to properly demolish. the. existing buildings or construct the Minimum - Improvements . No approval by the HRA shall constitute a waiver of an Event of Default . Any disapproval of the Construction Plans shall set forth the reasons therefor, and shall be made i within 60 days after .the. date of their receipt by the HRA. If ` HRA rejects the Construction Plans, in whole or in part, Redeveloper shall submit new or corrected Construction Plans within- 30 days .after wr'it.ten notification to Redeveloper of the rejection. The provisions of this Section relating to approval, rejection and resubmission of corrected Construction Plans shall conti-nue to apply until the Construction Plans have been approved by HRA. Section 4 . 3 _Commencement and Completion of Construction. (a) As soon as reasonably possible after conveyance to Redeveloper, Redeveloper shall have the existing buildings on the property demolished and shall have all debris removed, all in accordance with the HRA' s demolition specifications . Redeveloper will thereafter provide the HRA with a statement in form and detail reasonably satisfactory to the HRA showing the • costs of such work . HRA shall reimburse Redeveloper for such costs , but payment of such demolition costs by the HRA shall not exceed $90 , 000 . No reimbursement shall be made until all . demolition -and debris removal has been completed. (b) Subject to Unavoidable Delays, Redeveloper shall commence construction according to the Time Table or on such other date as the parties shall mutually agree . Subject to Unavoidable Delays , Redeveloper shall complete construction of the Minimum Improvements in accordance with the Time Table . All ,work with respect to the Minimum Improvements shall be in conformity with the Construction Plans approved by the HRA. Redeveloper shall promptly begin and diligently prosecute to completion -the redevelopment of the Redevelopment Property through the construction of the Minimum Improvements . Redeveloper shall' make reports , in such detail and at such times as may reasonably be requested by -the HRA, as to the actual progress of- Redeveloper with respect to construction of the Minimum Improvements . (c) Redeveloper shall not interfere with, or construct any improvements over, any public street or- utility easement without -the -prior written approval of the City.. - All connections to public- utility lines and- facilities shall be • -10-