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Section-3---It.has,..:been..det.ermi.ned...th&.._.there .,will be no displacement of
<br /> persona...ar..families:...by..the...TDRC..4.n.. the development program.
<br /> Section....4... .._.The...Cit..y.:..,Council..-..has._...reviewe&the recommendation of the
<br /> City ..Plan.Commi.s Sian.u....that.:.the.:.... area.,..-described-in_. the Development Plan is a
<br /> blighted-area.,....and..Xhe.,C.ity-. Couhci.l..hereby....finds.....that said area is a blighted
<br /> area as.. .def-ined.,}by..,..Chap.ter...3.5.3_.of,...the.Revis.ed ...Statutes of Missouri, 1969, as
<br /> amended.
<br /> Section...5...... „The..City._. Manager:._shall....be and.is hereby authorized and
<br /> directed.,.tn....enter.,_.,.int-o..and.,. :perform. on behalf. of the City a contract by and
<br /> between..the...City..._and the_TDRC..and...ita- successors., and assigns within fifteen (15)
<br /> days of:.the.._passage....of this ordinance.
<br /> _.. Section..6.._ The.; . form , of_ ..said. _contract shall substantially be as
<br /> follows
<br /> AGREEMENT
<br /> ,..AN:,.AGPEF.I N. ...,entered....into..._this.. . ,. day of 19 ,
<br /> between,the.,C,it.v.,,©f...Urlivers.ity. .City., _hereinafter referred to as "City", and the
<br /> Trinity/Delmar�_, Redeve1_opmeet..,Coiporation,. its._.subsidiaries, its successors, and
<br /> assigns,..harei.naf.ter...refexred:,t,o.-as:,"Developer", for _the-execution of the Develop-
<br /> ment. . .
<br /> meat.Plan„hera..tafor,e.,,,%ubmit,.t.ed:::by, the._..Dev.eloper.,._.appr.oved and enacted by the City
<br /> Council-of...the._City-of.,.Univex--sity_.Ci.ty_by_.the, ordinance of which this Agreement
<br /> is a part.
<br /> _..__.._....WHEREAS.,,...the._City. Counci.l...of ...the .City. _of.. University City has enacted
<br /> into law. .an. .ordinance.,_.of...whi.ch.,this-Agreement_ is, a. part., approving the Develop-
<br /> ment Plan_._submitted.by._....the,.....Developer.,.:,approved._ by the City Plan Commission
<br /> subject ..to.,.conditions..declaring, that.,..the._ar.ea..des..c.ribed..in said Development Plan
<br /> is a blighted..area .and . .that...the_ .rehabilitation..and reconstruction thereof are
<br /> necess.ary..for..the...puhlico.. convenience and necessity; and
<br /> WHEREAS,w.said:..ordi.nance..directs.. the.:....Cit.y.Manager to enter into a con-
<br /> tract..witb-...the.,De-v.eloper..-providi.ng,-,f or...the.execution of said Development Plan, as
<br /> amended; and
<br /> ._,,,_,.1dMEREAS.,,.. the_.Deve.l.aper__is..a...c,orporation_formed.,under Chapter 353 of the
<br /> Revised.S.tatu.tes,....of..M�-ssour.i.,...A9:69-, .and .is .now. in.good .standing in the State of
<br /> Missouri,...._...- -
<br /> N.OW.,..THEREEQRE.,_..the..City: and.,the...Developer,.. its successors and assigns,
<br /> for the .considerataon,...and._mu.tual.'. covenants..he.reinafter contained and described
<br /> under. the..co.nditiona...hereinaf.ter. set...forth...dp,,. hereby agree as follows:
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