1973-05 CRA - Laserfiche WebLink

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'. I . ~ . ~ . , 6. Notice to Reqistrants of Availability of New Locations. From time to time as properties within the project Area become available for sale by the Agency or for lease by the owners thereof, the Agency will, in writing, notify those registrants who have indicated a desire to purchase, or lease, as the case may be, properties of similar type or description. Such notice shall contain a description of the property, the terms of sale or lease thereof and the period of time, not less than ninety (90) days, in. the case of purchase or thirty (30) days in the case of lease, within which the registrant may exercise his preferential right to purchase or lease the same on the terms stated. 7. Relative Riqhts of Holders of Preferences. In the event two or more holders of preferences elect to exercise their rights to purchase or lease the same ~roperty, one shall be selected ~y the Agency and such selection shall be con- clusive and final. In making such selection owners will be given preference over tenants. The Agency shall also take into consider- at ion such circumstances as it cons~ders material with a view to achieving the best and fastest redevelopment of the Project Area and to giving fair and equal treatment of all registrants. The Agency may consider: ('3.) Whether an owner desires to re-enter business as an owner-occupant, a lessee or as a non-occupying owner. (b) Whether a lessee desires to re-enter business as an owner-occupant, a lessee or an a non-occupying owner. -3- f