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6704
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Last modified
8/19/2009 11:42:50 AM
Creation date
11/5/2014 12:25:25 PM
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City Ordinances
Passed
9/4/2007
Ordinance Number
6704
Bill Number
8948
Introdate
8/6/2007
Description
Redevelopment of Cates Ave
Introduced By
Mr. Glickert
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<br />have corrected such substantial noncompliance within forty-five (45) days after receipt of <br />said notice, (unless the time for such correction is further extended by the City Council <br />upon written petition of Developer), or, in the case of alleged substantial noncompliance <br />which cannot reasonably be corrected within forty-five (45) days, if Developer after <br />receipt of such notice shall have not commenced and continued to diligently pursue the <br />correction of such noncompliance then the City Manager may, in her discretion, petition <br />the City Council to cancel, void and terminate this Agreement and all rights of the <br />Developer hereunder in whole or in part. <br /> <br />If the City Manger does so petition the City Council, notice of said petition shall <br />be given to Developer by the City. No sooner than fifteen (15) days after notice of said <br />petition is given to the Developer, the City Council shall hold a hearing on the petition, <br />following which it may, at its option, but only if it finds that there was such substantial <br />noncompliance and failure to timely cure same, or to timely commence and diligently <br />pursue a cure of same, as the case may be, by Developer within the period provided <br />above, cancel, void, and terminate this Agreement and all rights of Developer hereunder <br />in whole of in part. <br /> <br />11. Building Maintenance. After complete acquisition of the Redevelopment <br />Area, Developer shall maintain the public areas in the Redevelopment Area in a good <br />state of repair commensurate with the Ordinances of the City. <br /> <br />12. Developer's Compliance with City Procedures. Developer shall obtain all <br />necessary permits and approvals as prescribed by law and be subject to all lawful <br />inspections and perform such necessary acts as are required under the ordinances of the <br />City, including the ordinance of which this Agreement is a part. Approval of necessary <br />permits by the City shall not be unreasonably withheld. <br /> <br />13. City Access to Development Proiect. Following acquisition of the <br />Redevelopment Area, Developer shall cooperate with and permit access to the <br />Redevelopment Area and the Development for the agents, representatives, or other <br />officials of the City during business hours and upon reasonable notice. <br /> <br />14. City Actions. The City agrees to cooperate with Developer in carrying out the <br />Development Plan and this Agreement and with due diligence will perform each and <br />every act required of it under the Development Plan and this Agreement. <br /> <br />15. Tax Abatement. <br /> <br />(a) Pursuant to Section 353.110.2, RSMo. 2000, all real property within <br />the Development Area, acquired by the Developer or conveyed to its successors <br />and assigns as set forth in Subsection 15(c) hereof and used in accordance with <br />the Development Plan, shall not be subject for a period of ten (10) tax years to <br />assessment or payment of general ad valorem property taxes imposed by the City <br />or State or any political subdivision thereof in the manner provided by Section <br />353.110.1, RSMo. 2000, and said Section is incorporated herein by reference. <br /> <br />3 <br />
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