My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
5781
Public Access
>
City Council Ordinances
>
1990
>
5781
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/6/2004 2:48:05 PM
Creation date
11/5/2014 12:19:24 PM
Metadata
Fields
Template:
City Ordinances
Passed
12/10/1990
Ordinance Number
5781
Bill Number
7991
Introdate
11/19/1990
Description
Adopting TIF funding for financing improvements within Olive Boulevard central tax increment finance district, approving the financing, providing for a subaccount to finance improvements in Westover,
Introduced By
Schoomer
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
38
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).
View images
View plain text
(b) With respect to the Property, and for so long as <br />Tax Increment Financing is in effect, Developer shall pay in <br />full all real property taxes levied against the Property on or <br />before December 31 of each year. Developer shall send the <br />Commission a copy of each tax bill for the Property together with <br />a copy of its check issued in payment of such taxes on or before <br />December 31 of each'year. Developer understands that the City <br />and the Commission will use the information so obtained from <br />Developer in calculating the amount of funds to pay each year <br />into the Westover Subaccount of the Special Allocation Fund <br />created pursuant to the Act. <br /> <br /> Section 13. Time ForlCommencement and Completion of <br />Improvements. Developer hereby agrees that the improvements <br />called for by the Proposal (hereinafter the "Improvements"), <br />which Proposal is incorporated herein by reference and made a <br />part hereof, shall be commenced within six (6) months aftgr the <br />date of this Agreement and, except as otherwise provided'in this <br />Agreement, shall be completed within eighteen (18) months after <br />the commencement thereof. <br /> <br /> Section 14. Construction Plans; Construction of <br />Improvements; Certificate of Completion. <br /> <br /> (a) Plans for construction of Improvements. Plans and <br />specifications with respect to the Improvements called for by the <br />Proposal shall be in conformity with the Pl~an, this Agreement, <br />Developer's construction plans, which have been approved by the <br />Commission, and all applicable state and local laws, ordinances, <br />rules and regulations. Developer warrants that all work with <br />respect to the Improvements to be constructed is to be provided <br />by the Developer or its agents or independent contractors and the <br />development of the Property shall be in conformity with the <br />Construction Plans as finally approved by the Commission and <br />shall be completed in good workmanlike manner in accordance with <br />all applicable laws, rules, ordinances, codes and regulations. <br /> <br /> ~(~) Chanqes in Construction Plans. If after approval <br />of the Construction Plans by the Commission the Developer wishes <br />to make any changes in the Construction Plans, Developer shall <br />notify the Commission of such changes, and if any such changes <br />are substantive in the sole opinion of the Executive Director of <br />the Commission, the Commission shall have the right to approve <br />such substantive change before Developer can make it. If the <br />Construction Plans as modified by the proposed change conform to <br />the requirements of paragraph (a) above with respect to such <br />previously approved Construction Plans, the Commission shall <br />approve the proposed change and notify the Developer in writing <br />of its approval. Such change in the Construction Plans shall, in <br />any event~ be deemed approved by the Commission unless rejection <br />thereof, in whole or in part, by written notice thereof by the <br /> <br />STL-6313 <br /> <br />- 9 - <br /> <br /> <br />
The URL can be used to link to this page
Your browser does not support the video tag.