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Introduced by Mr. Glickert <br />4. BILL 8985 — <br />An ordinance finding that a certain blighted area as defined in <br />Statute <br />Section 99.320 RSMO, (the “” being Sections 99.300 to 99.715 inclusive), <br />exists in the City of University City (“City”) and containing a description of the <br />boundaries of said blighted area, attached hereto and incorporated herein as <br />“Exhibit 1” <br /> known as the Olive Boulevard and Midland Boulevard <br />(“Area”); <br />Redevelopment Area finding that redevelopment and rehabilitation of <br />the Area is in the interest of the public health, safety, morals and general welfare <br />of the people of the City; approving the redevelopment plan for the Olive <br />Boulevard and Midland Boulevard Redevelopment Area, dated January 8, 2008, <br />(“Plan”)“Exhibit 2” <br />for the Area incorporated herein by attached , pursuant to <br />Section 99.430 of the Statute; finding that there is a feasible financial plan for the <br />development of the Area which affords maximum opportunity for development of <br />the Area by private enterprise; finding that the Land Clearance for <br />(“LCRA”) <br />Redevelopment Authority may acquire properties within the Area; <br />finding that the redeveloper shall be responsible for relocating any eligible <br />occupants displaced as a result of implementation of the Plan; finding that <br />financial aid may be necessary to enable the Area to be redeveloped in <br />accordance with the Plan; finding that there shall be available an eight (8) year <br />tax abatement; finding that the redeveloper shall make certain payments in lieu of <br />taxes; and pledging cooperation of the City Council and requesting various City <br />officials, departments, boards and agencies of the City to cooperate and to <br />exercise their respective powers in a manner consistent with the Plan. <br />CITIZENS COMMENTS <br />Richard Dockett, 6844 Crest Ave <br />Mr. Dockett said that through his study of the City’s plan he congratulated the <br />Community Development Department, Mr. Walker and Andrea Riganti for their excellent <br />work and dedication. <br />Introduced by Mr. Sharpe, Jr. <br />5. BILL 8986 — <br />An ordinance finding that a certain blighted area as defined in <br />Statute <br />Section 99.320 RSMO, (the “” being Sections 99.300 to 99.715 inclusive), <br />exists in the City of University City (“City”) and containing a description of the <br />boundaries of said blighted area, attached hereto and incorporated herein as <br />“Exhibit 1” <br /> known as the Olive Boulevard and North and South Road <br />(“Area”); <br />Redevelopment Area finding that redevelopment and rehabilitation of <br />the Area is in the interest of the public health, safety, morals and general welfare <br />of the people of the City; approving the redevelopment plan for the Olive <br />Boulevard and North and South Road Redevelopment Area, dated January 8, <br />(“Plan”)“Exhibit 2” <br />2008, for the Area incorporated herein by attached , <br />pursuant to Section 99.430 of the Statute; finding that there is a feasible financial <br />plan for the development of the Area which affords maximum opportunity for <br />development of the Area by private enterprise; finding that the Land Clearance <br />(“LCRA”) <br />for Redevelopment Authority may acquire properties within the Area; <br />finding that the redeveloper shall be responsible for relocating any eligible <br />occupants displaced as a result of implementation of the Plan; finding that <br />financial aid may be necessary to enable the Area to be redeveloped in <br />accordance with the Plan; finding that there shall be available an eight (8) year <br />tax abatement; finding that the redeveloper shall make certain payments in lieu of <br /> <br />