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01/25/11 Special
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01/25/11 Special
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Last modified
7/18/2025 10:57:39 AM
Creation date
2/28/2013 1:33:32 PM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing & Redevelopment Authority - Special
Document Date
01/25/2011
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ARTICLE I RECITALS <br />Section 2. <br />ARTICLE III <br />Section 3. <br />Section 3. <br />ARTICLE IV <br />Section 4. <br />Section 5. <br />Section 5. <br />Section 5 <br />Section 5. <br />2695614v62 <br />1412/297J10 <br />Section 5. <br />ARTICLE VI <br />Section 6. <br />Section 6. <br />ARTICLE VII <br />Section 7. <br />Section 7. <br />Section 7. <br />Section 7. <br />Section 7. <br />Section 7. <br />Section 7. <br />TABLE OF CONTENTS <br />Page <br />1 <br />1 <br />1 Definitions 1 <br />REPRESENTATIONS, WARRANTIES AND COVENANTS 5 <br />1 Representations and Warranties of the City and the HRA 5 <br />2 Representations, Warranties and Covenants of Developer 6 <br />PURCHASE AGREEMENT 7 <br />1 Purchase Agreement 7 <br />ARTICLE II DEFINITIONS <br />Section 4.2 Relationship Between this Agreement and the Purchase <br />Agreement 7 <br />Section 4.3 Right of Reverter 7 <br />ARTICLE V DEVELOPER'S CONSTRUCTION OF THE MINIMUM <br />IMPROVEMENTS 7 <br />1 Required Approvals 7 <br />2 Submission of Construction Plans 8 <br />.3 Review of the Construction Plans 8 <br />4 Commencement and Completion of Construction of the <br />Minimum Improvements 9 <br />5 Certificate of Completion 9 <br />ESTABLISHMENT OF THE TAX INCREMENT DISTRICT 9 <br />1 Establishment of the Tax Increment District 9 <br />2 Termination Right if TIF District Not Established 9 <br />TIF FINANCING 10 <br />1 Reimbursement 10 <br />2 Issuance of the TIF Note 10 <br />3 Interest 10 <br />4 Payments 10 <br />5 TIF Note Shall Be a Limited Obligation of the City 10 <br />6 Conditions Subsequent 10 <br />7 Terms of the TIF Note 11 <br />
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