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1.,-.The,.provisions.of, the._Urban .Redevelopment_ Corporation Law, Chapter
<br /> 353, Remised.Statutes,..,.of-.MLssouri,_.J969, as-.amended,.. up to and including the date
<br /> of-.this:.,.contr act.„aucL.the_,.prQ..viaions..of..,the.:ordinance of which this Agreement is a
<br /> part and, the..Development..Plan, as. amended are_ hereby incorporated by reference
<br /> and, made:, in,.whale.....a•.,part,...of,..t.his,Agreement-.- Wherever. the term "Development Plan”
<br /> is used...ir,6 .-this..,Ag,reement,.-it-..shall.. refer .to .the Development Plan incorporated by
<br /> ref erence..into.-._.Ordinance._No.. with amendments and modifi-
<br /> cations, if-any hereto.
<br /> .2....__.The..,. Developer.,_ its._success.ors or assigns shall rehabilitate or
<br /> cause to.,.be_..r.ehabii.itated,.,;at:..it.s_expense,._the facilities more fully set out and
<br /> described...i.n._.the.,_Development..Plan,. and. in the- manner therein provided.
<br /> .. The-Developer.. may .not depart substar'd ally from the Development
<br /> Plan withou.t.,approval by. the -City Council.
<br /> .4._ ,_The-overal,l...Dev.elopme.nt:.Plan,-incorporated herein by reference, is
<br /> proposed..-to-be.comp.feted.:.-within- approximately...one. and one-half (1-1/2) years
<br /> after initiation.. .._. .
<br /> - The-,Development_::proj,ect.,.,.will-be_initiated within three (3) months
<br /> of the; -ef: eative..>date.4 of...the:,.cardinahce._.appxoving the Development Plan.
<br /> -Periods- pro vided_.herein :f.or. completion .of the development shall be
<br /> extended, fox._delays.,beyond..Develaper.!s. control.. .. Such time extensions shall be
<br /> granted.,. by_:-the-_City., of_ University,.. City, upon... application of the Developer upon
<br /> finding by the Council that:
<br /> (a),,. .Developer-.,has._.exe.rcised all reasonable care to
<br /> -- insux.e:..completion of the project, and
<br /> (b) The delay,,. . in. commencing construction or com-
<br /> -•. .•,.•pletion . of construction was not caused by an
<br /> - unreasonable act. or,failure to act on the part
<br /> - of the Developer.
<br /> In the. event..of. subs.tant.ial noncompliance with the Development Plan
<br /> as approved.. her.ein.,...writt.en..no.tice of__ such .noncompliance shall be given to the
<br /> Developer., _and_ _if__not . ..co.rrected within_for.ty-five (45) days after the time
<br /> reasonably._._-required-to- ..complete--such... .corr.ection, unless the time for such
<br /> correction-.be.._.fur.ther.,extended,. or. ..,upnn. failure . of the Developer to commence
<br /> cons tructi.on:..or..compl,etae._the. same_within. the scheduled time limit set out above,
<br /> and..upo.n::,&-finding..:by,.:the...Ci.ty..Mariag.er,,that-such , failure is due to the fault of
<br /> the -Developer,...the,...:City.Manager..may. .:declare. the Developer in default. Such
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