Laserfiche WebLink
PARCEL DEVELOPMENT AGREEMENT <br /> <br /> THIS PARCEL DEVELOPMENT AGREEMENT, made and entered into as <br /> <br /> of the day of , 1995, by and between the <br /> <br /> UNIVERSITY CITY REDEVELOPMENT CORPORATION, a Missouri Urban <br /> Redevelopment Corporation organized and existing pursuant to the <br /> provisions of Chapter 353 R.S.Mo. 1978, as amended, ("UCRC") and <br /> <br /> the PARKVIEW GARDENS I, Missouri Corporation ("Developer"). <br /> WITNESSETH THAT: <br /> <br /> WHEREAS, the UCRC is the owner of ten parcels of real estate <br />in University City, St. Louis County, Missouri, more particularly <br />described on Exhibit A, attached hereto and incorporated herein <br />by this reference, together with all improvements thereon <br />(hereinafter referred to as the "Property"); and <br /> <br /> WHEREAS, the Property is located in the Parkview Gardens <br />Rehabilitation Area, as described in the Development Plan for the <br />Parkview Gardens Rehabilitation Area, as approved by the City <br />Council of University City by Ordinance 5450, effective September <br />24, 1984 and as modified by Ordinance 5580, effective November <br />24, 1986 (the "Redevelopment Plan"); and <br /> <br /> WHEREAS, UCRC entered an agreement with the City of <br />University City, Missouri (the "city") and the Land Clearance for <br />Redevelopment Authority of University city (the "Authority") <br />dated the 26th day of November, 1986, wherein the Authority <br />agreed to review all applications and plans by investors desiring <br />to undertake development in the Parkview Gardens Rehabilitation <br /> <br />$TL-347873 <br /> <br /> <br />