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INtRODUCeD BY COUNCII~4~I~IIER <br />BILL NO. 7462 ~DINA~E ~. 5267 <br /> <br /> AN ~DINA~E ~ENDING THE ~BAN RENEWAL PLAN F~ THE <br /> DE~AR LOOP RENEWAL ~OJECT ~-55 AS ~ENDED BY ORDINATE <br /> 4541 ON ~VENBER 24, 1~9, BY ~OVIDING THE LC~ THE ~WER <br /> OF ~INE~ ~AIN WITH CITY COUNCIL REVIEW, AND BY F~THER <br /> ~OVIDING THE LC~ THE ~WER ~ TAX ABATENE~ WITH CITY <br /> COUNCIL REVIEW, AND DIRECTING T~T THIS ~DINA~E BE <br /> RECEDED IN THE OFFICE OF THE REC~DER OF DEEDS ~ ST, <br /> LOUI S COUNTY <br /> <br /> WHEREAS~ ,he Land CIearance for R~d~eI o~en, Authority of Un iver- <br />si ,y Cify, Mi ssour i, a Land CIearance Authority operated and ex i sting pursuant <br />,o Sections 99.300 and foI towing the Mi ssouri Revised S,a,ufes of 1978, "The <br />Land C[ earanc~ <br />adopted a certain Urban Renewal Plan, herein after cal l~ "The Plan", for the <br />Delmar Loop, M~-55 Urban Renewal Proj~t on Sept~ber 2, 1965; and <br /> <br /> WHEREAS, said plan was approv~ by the City ~uncil of the City of <br /> <br />University City, Missouri, a municipal corporation, Home Rule City, operating <br />pursuant to the Constitution and Laws of Missouri and its municipal Charter on <br />August 30, 1965; and <br /> <br /> WHEREAS, said plan as adopted and approved was recorded on April 27, <br />1966, Book 5950, Page 284, of the Recorder of Deeds Office' for St. Louis Coun- <br />ty, State of Missouri; and <br /> <br /> WHEREAS, the LCRA adopted an amendment to said plan on September 23, <br />1969, and said amendment was approved by the City Council of University City <br />on November 24, 1969, and recorded on July 27, 1970, Book 6467, Page 1806 of <br />the Recorder of Deeds Office for St. Louis County, State of Missouri; and <br /> <br /> WHEREAS, the LCRA wishes to further amend said plan in certain <br /> <br />respects. <br /> <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, <br /> <br />MISSOURI, AS FOLLOWS: <br /> <br /> Section 1: The Urban Renewal Plan for the Delmar Loop project <br /> <br />hereby amended as fol lows: <br /> <br /> 1. The LCRA may in its discretion exercise its authority to <br /> acquire by the power of eminent domain granted to it by <br /> Chapter 99 of the Missouri Revised Statutes of 1978 <br /> improved real estate with one or more vacant buildings <br /> thereon for the purpose O~rcausi~g ~he reh~f l tat loTrand - <br /> reuse of the property for the urban renewal project. The <br /> LCRA may exercise the power of eminent domain in the <br /> <br />I.'.',' 3Z <br /> <br />1981 APR 21 fN 9:56 <br /> <br />REC0tIIJ[~ OF DEEDS <br /> <br /> <br />