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1993-03 CRA
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1993-03 CRA
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Last modified
1/3/2012 12:21:18 PM
Creation date
3/3/2005 9:46:46 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1993-03
Date
1/19/1993
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<br />. <br /> <br />. <br /> <br />. <br /> <br />and conditions of that Redevelopment Plan for the period of time <br />that that Redevelopment Plan is in force and effect, excepting <br />those provisions related to nondiscrimination and nonsegregation <br />which shall run in perpetuity. <br /> <br />(c) Each participation Agreement will require the participant <br />to join in the recordation of such documents as the Agency may <br />require in order to insure the property will be acquired, <br />rehabilitated, developed, and used in accord with the applicable <br />Redevelopment Plan and the Agreement. <br /> <br />8 . ENFORCEMENT <br /> <br />In the event that a property is not acquired, developed, <br />rehabilitated, or used in conformance with the applicable <br />Redevelopment Plan, with an Agency determination of conformance, or <br />a Participation Agreement, then the Agency is authorized to (1) <br />purchase the property, (2) purchase any interest in the property <br />sufficient to obtain conformance, or (3) take any other appropriate <br />action sufficient to obtain such conformance. The Agency shall not <br />acquire real property retained or developed under an approved <br />Participation Agreement if the participant fully performs under the <br />agreement. <br /> <br />Approved: <br />Agency Resolution No. <br /> <br />, 1993 <br /> <br />Page 7 of 7 <br />
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