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4180
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4180
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Last modified
12/6/2004 2:48:38 PM
Creation date
11/5/2014 12:06:31 PM
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City Ordinances
Passed
12/6/1965
Ordinance Number
4180
Bill Number
6258
Description
Authorizing a contract to purchase land by the Land Clearance Redevelopment Authority and University City relating to the Eastgate-Westgate Urban renewal Project area
Introduced By
Grimm
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Agency whenever and to the extent necessary to carry out the purposes of this <br />Agreement. <br /> <br /> Section 5. Certificate of Completion. Promptly after completion of the <br />Improvements in accordance with the provisions of this Agreement, the Agency shall <br />furnish tile Public Body with an appropriate instrument so certifying. Such certi- <br />fication by the Agency shall be a conclusive determination of satisfaction and <br />termination of the obligations of the Public Body, its successors and assigns, and <br />every successor in interest to the Property, to construct the Improvements. The <br />certification provided for herein shall be in such form as will enable it to be <br />recorded in the o£fice of the Recorder of Deeds of St. Louis County, Hissouri. <br /> <br /> ARTICLE III. LAND USES. <br /> <br /> Section 1. Restrictions on Land Use. The Public Body agrees for itself, its <br />successors and assigns, and every successor in interest to the Property, or any <br />part thereof, and the Deed shall contain covenants ou the part of the Public Body <br />for itself, and such successors and assigns, that the Public Body, and such succes- <br />sors and assign shall: <br /> <br /> A. Devote the Property to, and only to and in accordance with, the uses <br />specified for said Property iu the Urban Renewal Plan, as the same may hereafter <br />be amended and extended from time to time; and <br /> <br /> B. Not discriminate upon the basis of race, color, creed or national <br />origin in the sale, lease or rental or in the use or occupancy of the Property or <br />any improvements erected or to be erected thereon or any part thereof. <br /> <br /> Section 2. Effect of Covenant; Period of Duration. It is intended and agreed, <br />and the Deed shall so provide, that the agreements and covenants provided in this <br />Article III shall be covenants running with the land and that they shall, in any <br />event, and without regard to technical classification or designation, legal or <br />othem~ise, and except only as otherwise specifically provided in this Agreement be, <br />to the fullest extent permitted by law and equity, binding for the benefit and in <br />favor of an enforceable by,the Agency, its successors and assigns, the United States <br />(in the case of the covenant provided in subdivision (b) of Section 1 of this Arti- <br />cle III), against the Public Body, its successors and assigns, and every successor <br />in interest to the Property or any part thereof or any interest therein, and any <br />party in possession or occupancy of the property or any part thereof. It is further <br />intended and agreed that the covenant provided in subdivision (a) of Section 1 of <br /> <br />-5- <br /> <br /> <br />
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