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9.3. SR 01-04-2021
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9.3. SR 01-04-2021
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(g) Information about how the construction of the Redevelopment will be staged, <br />including information about measures that will be taken by the Developer in order <br />to ensure that there is safety on the job site and the surrounding areas during <br />construction. <br />(h) A cost estimate for the design and construction of the Redevelopment. <br />(i) Information on the status of the Developer's acquisition of the parcels within the <br />Property that are not owned by the Authority and the City. <br />0) A time schedule for the starting and completion of all phases of the Redevelopment. <br />(k) A financial pro forma showing income and expense projections, rates of return, and <br />any other information requested by the Authority that is reasonably necessary to <br />demonstrate the need for public financial assistance and the amount of assistance the <br />Developer believes is required to make the Redevelopment financially feasible. <br />(1) Satisfactory financial data to the Authority evidencing the Developer's ability to <br />undertake the Redevelopment. <br />(m) A determination by the City and the Developer of what land use and subdivision <br />applications will be needed to be submitted to the City for the Redevelopment. <br />(n) Evidence of support of the Redevelopment from other property owners and <br />businesses located near the Property. <br />Section 4. Cite and the Authority's Ob ' rations. During the term of this Agreement, <br />the City and the Authority agree to: <br />(a) Commence the process necessary to undertake such public assistance as is necessary <br />pursuant to the terms of the proposal. <br />(b) Proceed to seek all necessary information with regard to the anticipated public costs <br />associated with the Redevelopment. <br />(c) Review zoning, planning, and subdivision implications of the Redevelopment, as <br />appropriate. <br />(d) Analyze the Redeveloper's pro forma and estimate the amount of public financial <br />assistance, if any, that is needed to make the Redevelopment feasible. <br />614738v3EL185-54 -3- <br />
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