2007-07-11 CC - Laserfiche WebLink

Home Browse Search

(v) Prior to the City's initiation of a proceeding to acquire a Parcel of the Acquisition Property through the use of its powers of eminent domain, the Developer will enter into a contract with a relocation consultant, acceptable to the City, to provide relocation services relative to the relocation of all persons and entities involuntarily displaced as a result of the development of the Minimum Improvements. The contract shall provide that upon completion of the reloeationof all such persons, such relocation consultant shall provide to the City a certification, in a form acceptable to the City, to the effect that such persons arid entities have been relocated in accordance with State law and the federal Uniform Relocation Act. The contract shall also provide that the relocation consultant will provide reports to the City, upon request by the City, as to the status of the relocation of parties displaced from the Acquisition Property. (b) Financing Activities: (i) Within sixty (60) days after either the date of this Agreement for Phase I, or thereafter at least ninety (90) days prior to the anticipated commencement date of each subsequent Phase as set forth on Schedule I, the Developer shall provide to the City for its review and approval a preliminary financial plan showing how the Developer intends to finance the acquisition of the applicable Development Property and the construction of the Minimum Improvements and Public Improvements for the applicable Phase. (ii) Within sixty (60) days after either the date of this Agreement for Phase I, or thereafter at least ninety (90) days prior to the anticipated commencement of each subsequent Phase as set forth on Schedule I, the Developer shall provide to the City such documentation as the City may require to allow the City and its consultants to undertake a preliminary feasibility analysis of the Developer's proposed development for the purpose of determining, to the City's satisfaction, that the Developer's proposed development is financially feasible, which analysis will be for the benefit of the City only and neither the Developer nor any third party shall be entitled to rely thereon; and (ill) The Developer will assist the City in identifying available public financial assistance. I Construction Planning Activities: (i) By the times set forth on Schedule I for Phase I, or thereafter at least ninety (90) days prior to the anticipated commencement of each subsequent Phase as set forth on Schedule I, the Developer shall provide to the City the Construction Plans for the construction of the Minimum Improvements for that Phase; and (ii) By the times set forth on Schedule I for Phase I, or thereafter at least ninety (90) days prior to the anticipated commencement of each subsequent Phase as set forth on Schedule I, the Developer shall provide to the City the Construction Plans for the construction of the Public Improvements related to that Phase. Section 3.4. City Actions. During the term of this Agreement, for each applicable Phase, the City agrees to undertake the following actions: 13