Ordinance 67462

Summary

AN ORDINANCE AFFIRMING ADOPTION OF A REDEVELOPMENT PLAN, REDEVELOPMENT AREA, AND REDEVELOPMENT PROJECT; AUTHORIZING THE EXECUTION OF REDEVELOPMENT AGREEMENTS BETWEEN THE CITY AND TUDOR TIF, INC. AND BETWEEN AND THE CITY AND 1818 TIF, INC. PRESCRIBING THE FORM AND DETAILS OF SAID AGREEMENTS; DESIGNATING TUDOR TIF, INC. AND 1818 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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