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HRA PACKET 12102019
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HRA PACKET 12102019
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12/5/2019 4:35:15 PM
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623340v3SA730-2 i <br />TABLE OF CONTENTS <br />Page <br /> <br />PREAMBLE ......................................................................................................................................... 1 <br /> <br />ARTICLE I <br />Definitions <br /> <br />Section 1.1. Definitions .................................................................................................................... 2 <br /> <br />ARTICLE II <br />Representations and Warranties <br /> <br />Section 2.1. Representations by the Authority and City .................................................................. 5 <br />Section 2.2. Representations and Warranties by the Redeveloper ................................................... 5 <br /> <br />ARTICLE III <br />Property Acquisition; Public Redevelopment Costs <br /> <br />Section 3.1. Status of Redevelopment Property ............................................................................... 7 <br />Section 3.7. Environmental Undertakings ........................................................................................ 7 <br />Section 3.8. Issuance of Note; Other Assistance .............................................................................. 7 <br />Section 3.9. No Business Subsidy .................................................................................................... 8 <br />Section 3.10. Payment of Authority Costs ......................................................................................... 9 <br /> <br />ARTICLE IV <br />Construction of Minimum Improvements <br /> <br />Section 4.1. Construction of Improvements ................................................................................... 10 <br />Section 4.2. Construction Plans ...................................................................................................... 10 <br />Section 4.3. Commencement and Completion of Construction ..................................................... 11 <br />Section 4.4. Certificate of Completion ........................................................................................... 11 <br />Section 4.5. Records ....................................................................................................................... 12 <br />Section 4.6. Management ............................................................................................................... 12 <br />Section 4.7. Conformity to Development Agreement .................................................................... 12 <br /> <br />ARTICLE V <br />Insurance <br /> <br />Section 5.1. Insurance ..................................................................................................................... 13 <br />Section 5.2. Subordination .............................................................................................................. 14 <br /> <br />ARTICLE VI <br />Tax Increment; Taxes <br /> <br />Section 6.1. Right to Collect Delinquent Taxes ............................................................................. 16 <br />Section 6.2. Review of Taxes ......................................................................................................... 16 <br />Section 6.3. Assessment Agreement .............................................................................................. 16
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