Board Bill Number 405 In Session 2006-2007

Summary

AN ORDINANCE AFFIRMING ADOPTION OF A REDEVELOPMENT PLAN, REDEVELOPMENT AREA, AND REDEVELOPMENT PROJECT; AUTHORIZING THE EXECUTION OF REDEVELOPMENT AGREEMENTS BETWEEN THE CITY AND BALLPARK LOFTS 1 TIF, INC., BETWEEN THE CITY AND BALLPARK LOFTS 2 TIF, INC. AND BETWEEN AND THE CITY AND BALLPARK LOFTS 3 TIF, INC. PRESCRIBING THE FORM AND DETAILS OF SAID AGREEMENTS; DESIGNATING BALLPARK LOFTS 1 TIF, INC., BALLPARK LOFTS 2 TIF, INC. AND BALLPARK LOFTS 3 TIF, INC., AS DEVELOPERS OF THE REDEVELOPMENT AREA; MAKING CERTAIN FINDINGS WITH RESPECT THERETO; AUTHORIZING OTHER RELATED ACTIONS IN CONNECTION WITH THE REDEVELOPMENT OF CERTAIN PROPERTY WITHIN THE REDEVELOPMENT AREA; AND CONTAINING A SEVERABILITY CLAUSE.

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