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<br />Ma: I'J 2002 i 2 33 PM <br /> <br />No 2730 p. 8/20 <br /> <br />basis all necessary and appropnate governmental actions needed to redevelop the . <br />Redevelopment Property, including, but not limited to, those actions needed to: <br />amend the City's comprehensive plan and the zoning codes; acquire the <br />Redevelopment Property; remediate adverse environmental conditions on the <br />Redevelopment Property; obtain funds for acquisition of the Redevelopment <br />Property, environmental remediation and redevelopment; provide public <br />financing; and enter into redevelopmerll agreements for the planned <br />redevelopment within the Redevelopment Property. <br /> <br />(b) The City shall (i) have the sole obligation and responsibility for the <br />redevelopment of the Redevelopment Property, (ii) enter into contracts for private <br />redevelopment, (iii) obtain financial assistance from federal, state, regional and <br />local authorities to redevelop the Redevelopment Property, and (iv) detennine <br />whether, and to what extent financial or site assembly assistance, including <br />authorizing the use of eminent domain, will be necessary to induce redevelopment <br />of the Redevelopment Property. <br /> <br />(c) The City shall select, direct and pay for fiscaVtax increment financing consultants, <br />appraisers, relocation specialists and attorneys regarding the redevelopment of the <br />Redevelopment Property. <br /> <br />(d) <br /> <br />Provided that there are available resources, the City intends to acquire all of the <br />Redevelopment Property by private purchase or eminent domain. <br /> <br />. <br /> <br />(e) <br /> <br />The City may allocate available tax increment to assist particular developments <br />within the Redevelopment Property in a manner which it deems appropriate to <br />promote the fullest development of the entire Redevelopment Property. <br /> <br />Section 4.2 Discretionary ActioDS. The Redeveloper acknowledges that many of the <br />actions to be taken by the City described in this Article and this Agreement call for the City to <br />act in its reasonable discretion or to' exercise ils legislative judgment. Such actions may only be <br />made following procedures established by the City as of the date hereof. The Redeveloper <br />further acknowledges that under existing law, the City may not commit hereunder to make any <br />specific decisions on future legislative or discretionary questions or decisions. <br /> <br />. <br /> <br />5 <br />