5085 - Laserfiche WebLink

Home Browse Search

Of existing buildings and improvements, r~ason'able'"management.; and operation costs until the redevelopment is ready for use, and the actual cost of improving these portions of the area which are to remain open spaces together with such additions to development costs as shall equal the actual cost of additions to or charges in the redevelopment in accordance with the original development plan or after approved changes therein or amendments thereto. Development plan: "Development plan" shall mean a plan, together with any amendments thereto, for the redevelopment of all or any part of a blighted area. Real property: "Real property".shall include lands, buildings, improvements, land under water, waterfront property, and any and all easements, franchises and hereditaments, cor- poreal or incorporeal, and every estate, interest, privilege, easement, franchise and right therein, or appurtenant thereto, legal or equitable, including restrictions of record, created by plat, covenant, or 6{herwise, rights-of-way, and terms for years. Redevelopment: "Redevelopment" shall mean the clearance, replanning, reconstruction or rehabilitation of any blighted area, and the provision for such industrial, commercial, resi- dential or public structures and spaces as may be appropriate including recreational and.other facilities incident or appur~ tenant thereto. Redevelopment project: "Redevelopment project" shall mean a specific work or improvement to effectuate all or any part of a development plan. Urban Redevelopment Corporation Law. "Urban Redevelopment Corporation Law" shall mean Chapter 353 of the Revised Statutes of Missouri, and any amendments thereto. Section 5: Application for approval of development 'plan; Deposit · upon filing. (a) Any corporation proposing to redevelop an area of the City believed by it to be blighted shall file a Develop- meg'% .~._a.n~ with the City Clerk, which Plan shall have attached thereto a certificate from the Secretary of State of Missouri that such corporation submitting the proposed plan is a lawfully organized and existing Missouri Urban Redevelopment Corporation under and pursuant to the Urban Redevelopment Corporation Law. (b) The City Clerk shall immediately refer the Plan to the Commission for study and recommendation to the Council as hereinafter provided and shall simultaneously therewith notify the Mayor and Council, in writing, of the submission of said Plan. . Section 6~ The Development Plan shall contain: (a) General description. A general description of the proposed redevelopment project showing proposed land use and traffic circulation. (b)-~Le~al description. A legal description of the'proposed development area by metes and bounds or other 4efinite designation; (c) ~ages of project. A statement-of the various stages, if more than one is intended, by which the Plan is proposed to be implemented or undertaken, and the approximate time limit for the commencement and completion of each stage, together with a legal description of the real property to be included in each stage.