My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
5420
Public Access
>
City Council Ordinances
>
1984
>
5420
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/29/2011 12:34:29 PM
Creation date
11/5/2014 12:17:08 PM
Metadata
Fields
Template:
City Ordinances
Passed
2/27/1984
Ordinance Number
5420
Bill Number
7624
Description
Development plan submitted by Trinity/Delmar Redevelopment Corp TDRC blighting area containing 21,300 square feet in University Heights recorded in Plat Book 7 page 69
Introduced By
Councilmember Adams
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
11
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
._.13..._.-The.,terms,, conditions. and .provisions_ of.-this contract and of the <br /> Development-Plan._can-be.. ,neither .subs.tantially..modif_ied;-.nor eliminated except by <br /> mutual-agreement..--between the City _of University- - City-and the Developer, its <br /> successors _or.: assigns;. provided, however, that this contract shall not be <br /> construed- as an enlargement of the authority conferred upon the City of <br /> University_ .Cit.y. by Chapter 353, R.S. Mo. , , 1969. <br /> .1.4.. .. Due to the difficulty of ascertaining. actual damages in this <br /> project._the._par.ties..hereby .stipulate that liquidated -damages in the amount of One <br /> Hundxed_Dolla.rs....( l00) for..each..month.,.of..delay. shall, be..payable to the. City upon <br /> failuri.of._...the._Ileuelgper„tn.,.:.;:coiag.lete..the.._ development,-project within.....the time <br /> this...co.ntract,_..excepgt:As_said..time_may..be .ext.ended by the City_.Council <br /> .......... <br /> or good. ea�use..__....._Reriads..:of_. .leas. than e.a,month.shall be assessed upon ,.a_.pro- <br /> -.:portioaate. bas-is..as__the;.number of:-days..'in.,that_-month. Such liquidated . damages <br /> shall not exceed. the. .r.easonabl.ezvalde'..of...-any..actual damages suffered by the, City. <br /> a <br /> 15. -Performance or, cotitractor.'s._ bonds_. in. .favor of the City, or other <br /> reasonable,.security,. ..insuring.:.comgletian. of . the, project., shall be filed by the <br /> Developer. with the Director of Finance before... construction commences. The amount <br /> of .the. bond..shall_ be in an amount equal to ten percent (10%) of such estimated <br /> { <br /> cost of:,•.the:._;.grojeot... ,,.[ i.' oohstiuction._..is_..complet,ed and a Certificate of <br /> Comp.let ion-is- issued+.wit.h..respect..the"r.eto,.:the,..sur.ety on. such bond or. bonds shall <br /> be discharged. <br /> 16. The uses in the area shall be limited-to the uses described in the <br /> Develop ement._.Plan and_Conditional..Use .Permit. - for._.a..period of fifteen (15) years <br /> from..the_.date_of..acquisition of the property by the Developer. <br /> 1.7.._ -.This contract shall remain in full. force.and effect so long as the <br /> Developer, -its.-successors or assigns shall enjoy tax- relief, and at the termi- <br /> nation.....of,..such relief this contract shall terminate and become null and void, <br /> providing -that. the..project as herein described._has...be.en.. completed and so certi- <br /> fied.--by -the-Director -of Finance of the City of University City. <br /> 18. The rights and privileges given. to .the Developer, its successors <br /> or assigns by the contract., and the duti.es .. and.._obligations imposed on the <br /> Develop.er.,_.i.ts successors or assigns shall apply. only .to the development project <br /> herein described. <br /> x <br /> 7 <br />
The URL can be used to link to this page
Your browser does not support the video tag.