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6088
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6088
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Last modified
12/6/2004 2:47:24 PM
Creation date
11/5/2014 12:21:22 PM
Metadata
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Template:
City Ordinances
Passed
12/16/1996
Ordinance Number
6088
Bill Number
8306
Introdate
11/18/1996
Description
Approving redevelopment agreement & issuance of T.I.F. (Scnucks)
Introduced By
Munkel
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development may dictate or as may be required to meet any <br />reasonable requests of prospective tenants or purchasers of <br />any portion of the Property or as may be necessary or <br />desirable, in the sole determination of Developer, to <br />enhance the economic viability of the Redevelopment Project <br />and as may be in furtherance of the general objectives of <br />the Redevelopment Plan, provided that Developer shall first <br />obtain the consent of the City, which consent shall not be <br />unreasonably withheld or delayed, before Developer makes any <br />substantial changes, and further provided that such changes <br />comply with all applicable building codes, zoning <br />regulations and any other applicable regulations of the <br />City. <br /> <br /> 3.3 Zoning Approvals. The City agrees to cooperate with <br />Developer and to expeditiously process and timely consider all <br />applications for the Zoning Approvals as received, all in <br />accordance with the applicable City ordinances and laws of the <br />State of Missouri, and to take all further actions on Zoning <br />Approvals (after processing in accordance with applicable laws <br />and ordinances) as are consistent with the Redevelopment Plan. <br /> <br /> 3.4 Certificate of Substantial Completion. Promptly after <br />substantial completion of the Work in accordance with the <br />provisions of this Agreement, Developer will furnish to the City <br />a Certificate of Substantial Completion from a registered <br />architect or engineer in substantially the form of Exhibit F <br />hereto. Acceptance of such certificate by the City in accordance <br />with this Agreement shall be a conclusive determination of the <br />satisfaction of Developer's agreements and covenants to perform <br />the Work. The Certificate of Substantial Completion provided for <br />by this paragraph shall be in a form which will enable <br />recordation in the office of the St. Louis County Recorder. If <br />the Certificate of Substantial Completion is not accepted by the <br />City, the City shall, within ten (10) days after receipt thereof, <br />provide to Developer a written statement stating in adequate <br />detail in what respects Developer has failed to complete the Work <br />in reasonable accordance with the provisions of this Agreement or <br />the Redevelopment Plan or is otherwise in default, and what <br />reasonable measures or acts Developer must take or perform, in <br />the opinion of the City, to obtain such acceptance. Failure to <br />object to the Certificate of Substantial Completion within such <br />ten-day period shall be deemed acceptance thereof by the City. <br /> <br />ARTICLE IV. REIMBURSEMENT OF DEVELOPER COSTS <br /> <br /> 4.1 City's Obligation to Reimburse Developer. The City <br />agrees to reimburse Developer for verifiable Eligible <br />Redevelopment Project Costs actually incurred by Developer in the <br />implementation of the Redevelopment Project and in the <br /> <br />- 9 - <br /> <br />STL-535046 <br /> <br /> <br />
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