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recorded and after manner and under the procedure provided by the laws of the State of Missouri. At such time as the LCRA makes a determination that it desires to use its power of eminent domain to acquire a parcel or parcels of real estate, the LCRA shall notify in writing the governing body of Univer- sity City of said intention. If said governing body does not object to the LCRA's proposed action within thirty (30> days of said written notice, the LCRA may exercise its authority of eminent domain. In connection with the urban renewal project, the LCRA may in its discretion offer to a properly organized urban redevel opment corporation which presents a plan for build- ing rehabilitation and renovation conforming to the LCRA's specifications and design standards some or all of the benefits of limited tax abatement but not the use of the power of eminent domain in accordance with Chapter 353 of the ~li~:)ur~--~e~-is~ q+~t.+~ nf.197~- At qnck~_tim~ as the LCRA makes a determination that it desires to grant said tax abatement to an urban redevel opment corporation, the LCRA shall notify in writing the University City 9overning body of said intention. If the governing body does not object to the LCRA's written proposal within thirty (30) days of receipt thereof, the LCRA may offer the aforesaid tax abatement. Section 2. The City Clerk is hereby directed to have this in the office of the Recorder of Deeds of St. Louis County, Section 3. This Ordinance shall take effect and be in its passage, as provided by law. ordinance Mi ssour i. force from PASSED this 17th day of A1TEST: City CIerk ': CERTIF~E~TO BE CORRECT AS TO FORM: November , 1980. ~~Mayo~ 2 g:ND OF DOCUMENT