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k.,nown as Munici,pal De,vel,opmen,t i)iistrict No, I Industrial <br />Development District NIA .I j. and Redeve-I.-opment, Project Area in the <br />City i(tihie "Project Area,,) . <br />a <br />(c) There has beelin appriolved by the Council, pursuant <br />I M P <br />to the Act,, a Municip,al DeVelopmenit Plan., Redevelop ent lan and <br />a <br />Industrial Development Distrilict Nol. Plan, for the Project Area <br />(icollectively,, the "Redevelopment, Plan"),,. <br />i <br />oirderi ■ aceve the objectives of the <br />I <br />Redevelopment Pilan, the City has, determined to provide <br />subistantial aid and aosiatiance 'in connection with the <br />Of if 0 41 1 <br />R"ede-ve-Lopment, Plan through, the inanciincr of certain of the publi� <br />r7edevel,opmein,ti coatg Alin the Fro"ect Area. <br />(e) Everest Development, Ltd. (the "Developer"),, and <br />'the City have prepared a Declaration (the "Dieclaration") to cause <br />A 0 1 1 to be covenants <br />ceritain pirlovisiona of the Development Agreemen't., <br />running, with the landii. <br />The motl'oni flor, t,he aidolpt,ion of the foregoing resolution was <br />secondied by membiler and, after full <br />,i,scussion there�of and upion vote bei,nig tiaken, thereon, the <br />following vioted "in favor thereof,-, <br />wainst, the same-, <br />Whereupon eal'id resolution was declared duly passed and <br />adiopted <br />3W1921 i <br />K <br />AO <br />IN 0 9 <br />