Agenda - Council - 07/23/1985 - Laserfiche WebLink

Home

I Subsection ~.6. ~nvlronmental Control ?he proposed development act/v~tie~ in the Development S~lstrlct~ do not present significant environmental concerns. All I actions, public improvements and private development shall be carried out in a manner consistent with existing environ- mental standards. I Subsection 1.?. Pro sad Reuse of Pro rt . ?he public improvements needed to bring about the new development in- clude acquisition of land, site improve=eats, and general I improvements. The estimated public improvement costs are referenced in each of the tax increment financing plans and i are collectively described in Subsection The Development. Program does not contemplate the acqui- sition of private property until such time as a private I developer presents an economically program £or the feasible reuse of that property. Proposals, in order to be consid- ered, rust be within the framework of the above cited goals I and objectives, and must clearly feasibility demonstrate as a public progrmn. Prior to formal consxderation of the acquisition of any property, the City Council will require a I binding contract, performance bond and/or other evidence or guarantees that a supporting tax increment or other funds will be available to repay the public cost associated with I the proposed acquisition. It shall be the intent of the City to negotiate the acquisition of property whenever nec- essary. Appropriate restrictions regarding the reuse and I redevelopment of property shall be incorporated into any land sale contract to which the City is a part. . I Subsection 1.8. Administration and Kaintenance of De- velopment District. Ita~ntenance a~d operation o~ the publ£~ improvements will be the responsibzlity of the Administrator of the City who shall serve a~'A.dm£nist~ator of the Develop- I ment District. The powers, duties and responsibilities of the Ad=inistrator are spelled out in the Admin~strative Guide for the. Administration of the Development Progr.a~. for I Develolxnent Dzstr£ct No. 1, attached hereto as &ppendzx A. Each year the l~lministrator will submit to the-Council the maintenance and operation budget for the following year I The Administrator will administer the Development *Dis- trict pursuant to the provisions of Section 472A.10 o~ the I Development District Act; provided, however, that such ers sm~ only be exercised at the direction of the Counc-il. Ho action taken by the A~ministrator pursuant to the above- I mentioned povers shall be effective without authorization by the Council. Subsection 1.9. Rehabilitation. O~ners o~ properties within the Develol~nent District elll be encouraged to reha- 1-7