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RES 19-093 APPROVING CONTRACT FOR PRIVATE REDEVELOPMENT WITH DORAN SLV, LLC.
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RES 19-093 APPROVING CONTRACT FOR PRIVATE REDEVELOPMENT WITH DORAN SLV, LLC.
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TABLE OF CONTENTS <br />Page <br />PREAMBLE 1 <br />ARTICLE I <br />Definitions <br />Section 1.1. Definitions 2 <br />ARTICLE II <br />Representations and Warranties <br />Section 2.1. Representations by the Authority and City 5 <br />Section 2.2. Representations and Warranties by the Redeveloper 5 <br />ARTICLE III <br />Property Acquisition; Public Redevelopment Costs <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 />ARTICLE IV <br />Construction of Minimum Improvements <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 />ARTICLE V <br />Insurance <br />Section 5.1. Insurance 13 <br />Section 5.2. Subordination 14 <br />ARTICLE VI <br />Tax Increment; Taxes <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 <br />623340v3SA730-2 <br />1 <br />
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