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eleventh year; and said tax provision shall apply for all successors in interest and assigns of the redevelopment corporation and any subsequent transferee of any thereof (whether voluntary or involuntary) so long as they shall continue to use the property as provided in the Plan and in the redevelopment contract entered into with the Authority, but in no event for a total of more than twenty (20) years, after which time the payment of taxes or in lieu of taxes, shall be as for all other property in the City of University City. Section 11. The City Council hereby acknowledges receipt from the Authority of notification of the Authority's intent to enter into a redevelop- ment contract with respect to the Project Area with Lewis Center Redevelopment Corporation, an affiliate of McCormack, Baron & Associates. The City Council hereby states that it has no objection to such action by the Authority. For purpose of Section 10 hereof, the City Council hereby approves the acquisition of the Project Area by Lewis Center Redevelopment Corporation and the subsequent transfer thereof to Lewis Center Associates, a Missouri limited partnership, pursuant to the redevelopment contract to be entered into by the Authority. Lewis Center Associates is hereby specifically approved by the City Council as a successor in interest to a redevelopment corporation and shall, subject to the compliance with the Plan, be entitled to the tax abate- ment provided for in Section 10 hereof. Section 12. This Ordinance, being necessary for the immediate preservation of the public health, welfare and safety, is hereby declared to be an emergency measure within the meaning of the Charter of the City of University City and shall become effective immediately upon its passage. PASSED this 22nd ATTEST: CITY CLERK day of A~ust , 1983. CERTIFIED TO BE CORRECT AS TO FORM: CITY AT