Laserfiche WebLink
Will the ~'equest le~ to the develop~.~t of certain <br />~bll¢ h~0ro~e~ents wl~ch will, ~n turn, attract <br />addit~onal future Private deve/op~nt? <br /> <br />D. Will the request encourage/assist future development <br /> h the ~r~a? <br /> <br />E. Will the z:equest L, :ese the l:ese of the city? <br /> <br />Section 4. Once Staff and the Co=fissions have reviewed the <br />request, their o0~lr~nts and :ecorrendations are forwarded to the <br />City Council for their consideration. In addition to these <br />co.rents, the Counc/1 will consider the followin9 ratters: <br /> <br />A. Will the request benefit the City as a whole? <br /> <br />B. Will the request encourage othe~ private c~e/op~ent <br /> of the area? <br /> <br />C. Does the Council feel that tl~s request will not occur <br /> without =un~ci~l financial assistance? <br /> <br />Section 5. If the Council approves a request for financial <br /> <br />assistance, all approvals will be contingent upon the developer <br />enterin9 into a develo~ent agree=ent with the City. This <br /> <br />agreement shall be drafted by the city's bond counsel and will <br />specify, but is not liwited to, the foil(ming: <br /> <br />A. The City's financial <br /> <br />B. Conditions of the City's p~rtici~tion; <br /> <br />DO <br /> <br />Conditions of the developer's ~rticipation; <br /> <br />~ents of default; <br /> <br />F. Ten~s for transfer or ~ssi~rent of agreement; <br /> <br />G. IndeCision; and <br /> <br />H. Te=ination of agre~ent. <br /> <br /> <br />