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2005_0110_Packet
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2005_0110_Packet
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9/14/2009 9:58:58 AM
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Roseville City Council
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Council Agenda/Packets
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� Identify all real property that must be acquired to undertake and <br />complete the Redevelopment, including preliminary appraisals and <br />relocation costs far representative parcels in the initial phases of the <br />Redevelopment. <br />• ln coardination with the City, prepare a preliminary financial feasibility <br />analysis identifying costs and sources of revenue, including tax <br />increment and other potential sources of public assistance, to determine <br />the necessary public investment in the Redevelopment, assuming the <br />City Council shall have approved the Redevelopment Area identified <br />far the Phase I of the Redevelopment, and the City and Redeveloper <br />have agreed in principle on a strategy to close the gap in financing the <br />Redevelopment. <br />If all of the above actions have not been completed by September 30,2004, <br />either the City or the Redeveloper may terminate this Agreement by written <br />notice to the other, in which event this Agreement shall become null and void <br />and of no further farce or effect as of the date of such written Termination. <br />(b) By December 31,2004: <br />• Submit to the City a preliminary site plan far the Redevelopment <br />showing the size, nature and location of the proposed minimum <br />improvements, including parking, landscaping and other exterior <br />improvements. <br />• Complete or finalize necessary feasibility, marketing and financial <br />analyses, including the timing and phasing of the proposed <br />Redevelopment, preliminary pro formas and likely revenue sources for <br />the initial phases. <br />• Review and comment upon the adequacy of existing ordinances, <br />including zoning ordinances, to facilitate the Redevelopment. <br />• Ascertain what approvals will be required frvm governmental agencies <br />for the Redevelopment. <br />• Investigate adequacy of utilities and streets and identify required <br />infrastructure changes; also review existing transportation plan to <br />determine adequacy. <br />• Review existing environmental reports and determine if additional <br />environmental investigation is necessary. <br />�� <br />
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