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<br />WHEREAS <br />, the blighted character of the Redevelopment Area is shown by <br />the study entitled "Data and Analysis on Conditions of Blight for Cates Avenue <br />Redevelopment Area" dated March 19, 2007 submitted by Developer to the City; <br />NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF <br />UNIVERSITY CITY, MISSOURI AS FOLLOWS: <br /> <br />Section One <br />. The foregoing recitals are hereby incorporated herein by <br />reference as findings of the City Council. <br /> <br />Section Two <br />. The Redevelopment Area is that certain tract of land being <br />Exhibit A <br />described within attached hereto and incorporated herein by reference. <br /> <br />Section Three. <br /> It is hereby determined, found and declared that the <br />Exhibit B <br />Development Plan, attached hereto as and incorporated herein by <br />reference, submitted by Cates Avenue Redevelopment Corporation for the <br />redevelopment of the Redevelopment Area is necessary and in the public interest to <br />remediate the blight determined, found and declared by Ordinance No. ____ [Bill <br />No. ____] and as such is approved in accordance with provisions of this ordinance. <br /> <br />Section Four. <br /> The City Manager of the City of University City is hereby <br />authorized and directed to enter into and deliver on behalf of the City, an <br />agreement by and between said City and the Developer, its successors and <br />Exhibit C <br />assigns, in substantially the same form as set forth in , attached hereto <br />and incorporated herein by reference. In the event of any conflicts or differences <br />between the provisions of the Development Plan and the Development Agreement <br />hereinafter recited, the Development Agreement shall govern and said <br />Development Plan shall be deemed to be amended. <br /> <br />Section Five. <br /> The sections of this ordinance shall be severable. In the event <br />any section of this ordinance is found by a court of competent jurisdiction to be <br />invalid, the remaining sections of this ordinance are valid, unless the court finds the <br />valid Sections of this ordinance are so essentially and inseparably connected with, <br />and so dependent upon, the void sections, that it cannot be presumed that the City <br />Council would have enacted the valid sections without the void ones; or unless the <br />court finds that the valid sections, standing alone, are incomplete and are incapable <br />of being executed in accordance with the legislative intent. If any part of this <br />ordinance regarding the rights of Developer are found invalid or unconstitutional, <br />Developer shall thereafter at its election have the right to be released from the <br />Development Agreement herein contained. <br /> <br />Section Six. <br /> The provisions of Chapter 353, RSMo. 2000, are incorporated <br />herein by reference. <br /> <br /> <br />September 4, 2007 <br /> <br />