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increment and other potential sources of public assistance, to determine the <br />necessary public investment m the Redevelopment. <br />(ii) Establishment or modification of the Project Area and tax increment districts, <br />or utilization of tax abatement. <br />(iii) Review of the AUAR to determine conformity with the Master Plan. <br />(iv) Zoning, subdivision and/or any other planning approvals. <br />(v) Acquisition of land within the Redevelopment Area by voluntary purchase <br />and/or condemnation. <br />{vi) Construction of public improvements to serve the Redevelopment. <br />(vii) Approval of the Redevelopment Agreement for the redevelopment of the <br />Redevelopment Area. <br />(viii) Recommend changes to City ordinances to facilitate redevelopment consistent <br />with the Master Plan. <br />12. Discretionary Actions. Redeveloper understands that many of the actions which the <br />City may be called upon to take require the reasonable discretion and, in some instances, the <br />legislative judgment of the City. Such actions may be made only following established procedures <br />and the City may not, by agreement, agree in adv�nc� L�r a.r�� ���ci f r d��i�R�rr in su�[���__� <br />.. �����,��----1 <br />13. Reimbursements. The parties agree that it shall be a precondition of the City to <br />signing the Redevelopment Agreement that the Redeveloper reimburse the City for the following: <br />�(a) the lesser of (i) one-half of the cost incurred by the City for the Stakeholder Advisory process, <br />� or (ii) $35,000; and (b) the lesser of (i) one-half of the costs incurred by the City for the TIF' <br />districting (including costs incurred for blight studies), or (ii) $25,000; and (c) the costs incurred by <br />I the City for preparing and negotiating the Redevelopment Agreement in an amount not to exceed <br />$50,000 (any costs in excess of $50,000 for this item (c) shall be paid by the City). In the event the <br />�� City and Redeveloper determine to abandon the Proj ect prior to signing a Redevelopment Agreement <br />then each party shall be responsible for its own costs and Redeveloperwill not be responsible for any <br />� reimbursements to the City set forth in this Section 13. <br />--�--- �— _ --- � _ —_ — —� . <br />14. Term of Agreement. Subject to the lastparagraph of Section 7(a), this Agreement <br />for exclusive negotiations shall be binding upon the parties until March 31,2005 (the "Term"). This <br />instrument may be extended by the mutual consent of both parties. This Agreement shall be binding <br />upon the parties and their respective successors and assigns during the duration of the Term of the <br />exclusive negotiation period. Redeveloper may terminate this Agreement upon thirty (30) days' <br />written notice to the City in the event that Redeveloper determines that the Redevelopment is not <br />feasible. The City and the Redevelopermay mutually agree in writing to terminate this Agreement <br />prior to the expiration of the Term in which event this Agreement shall become null and void and <br />