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WHEREAS, the blighted character of the Redevelopment Area is shown by the study entitled "Data and Analysis on Conditions of Blight for Cates Avenue Redevelopment Area" dated March 19, 2007 submitted by Developer to the City; NOW, THEREFORE, BE IT ORDAINED BY THE COUNCil OF THE CITY OF UNIVERSITY CITY, MISSOURI AS FOllOWS: Section One. The foregoing recitals are hereby incorporated herein by reference as findings of the City Council. Section Two. The Redevelopment Area is that certain tract of land being described within Exhibit A attached hereto and incorporated herein by reference. Section Three. It is hereby determined, found and declared that the Development Plan, attached hereto as Exhibit B and incorporated herein by reference, submitted by Cates Avenue Redevelopment Corporation for the redevelopment of the Redevelopment Area is necessary and in the public interest to remediate the blight determined, found and declared by Ordinance No. 6703 [Bill No. 8947] and as such is approved in accordance with provisions of this ordinance. Section Four. The City Manager of the City of University City is hereby authorized and directed to enter into and deliver on behalf of the City, an agreement by and between said City and the Developer, its successors and assigns, in substantially the same form as set forth in Exhibit C, attached hereto and incorporated herein by reference. In the event of any conflicts or differences between the provisions of the Development Plan and the Development Agreement hereinafter recited, the Development Agreement shall govern and said Development Plan shall be deemed to be amended. Section Five. The sections of this ordinance shall be severable. In the event any section of this ordinance is found by a court of competent jurisdiction to be invalid, the remaining sections of this ordinance are valid, unless the court finds the valid Sections of this ordinance are so essentially and inseparably connected with, and so dependent upon, the void sections, that it cannot be presumed that the City Council would have enacted the valid sections without the void ones; or unless the court finds that the valid sections, standing alone, are incomplete and are incapable of being executed in accordance with the legislative intent. If any part of this ordinance regarding the rights of Developer are found invalid or unconstitutional, Developer shall thereafter at its election have the right to be released from the Development Agreement herein contained. Section Six. The provisions of Chapter 353, RSMo. 2000, are incorporated herein by reference.