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(111) 216 vacating at prompt Waste, 611074, other public ripts-of.
<br /> 1017. ad date. sed the dedication of new streotl, alloys, a" ether public
<br /> riShtm-ef-sq, to the Project Area, and the r6aeaing of such Area, to sc"rdases
<br /> with the "develop Ont Plana hMLLA A, that the Rodeveloper will, upon rocu&st by
<br /> the Agency, subscribe to and joie with the Agency Is any Petitions And PrOCOedLSS
<br /> required for mush vacations, dedications and rezoning.
<br /> DMI1usnDB Or RnMUM
<br /> 3. (a) Plana and ep"Meatless and All work by the Rodevelopr with respect
<br /> to the tedweleprot of the Property and the construction of Lgrweeeats thermos
<br /> shall be In eeaformlt7 with the Redevelopment Plan, the proposed plans and epeal-
<br /> fleattow as approved by the Agency prier to the data of this Disposition Contract,
<br /> 40d this Agree=4at, and ell applicable late and local lave and regulstiaea. Am
<br /> peemptl7 ss Possible atter execution of this Agreement, sed to a" Sent, so later
<br /> tW n..�w-. L lea• ,
<br /> And ss a coalition precedent to the Obligation of the
<br /> ..Agency. for approval by the Agency, pleas (herein called the "Ces*trnctlea Pleas")
<br /> with respect to the Imprwwm to to be constructed y the Redsvoloper asap
<br /> t
<br /> Property, to Sufficient completeness neo dotal, to show that *web imprwom*ste ao/
<br /> .the construction thereof w111 be Is accordance with the prwlOteu of the A"*-
<br /> vslepurnt Plea. Ae Agency shell, It such commtrnctioa Plems casters, to the pre_
<br /> vialene of the "dwelapment Flan, W the proposed plane ad *poclfieattene u
<br /> approved y the Agency prlw to the date of this Disposition Contract, gtolap
<br /> .QVPCOon auek Plans W as further filing of pion by the "dwelaper or approval
<br /> by the Agency thereof shell be reptred. Such Ceo*trvr:Lleo Fla" Sell. is any a
<br /> event, be 4*ewd apiov*4 unless forest rejeetloa thereof by the Agency. is full
<br /> or Is part, Setting forth Is detail the r000ems therefor, shell be me" KLbls
<br /> Jtrcy (70) days after their Commission to the Agene7. It the Agency rejects the
<br /> Cometreottes Plane Is Mole or is part As not Ming la conformity with the Rederoler
<br /> nrnt Plan, the "developer shall Submit aeon Or corrected plane Mich aro to ane
<br /> tensity with W "dwelepneat rise, v/tkte thirty (30) 4076 after WILLan art,-
<br /> flestt6m to It at the rejection W the provisions of this section relattng to
<br /> `• eppeevel, rejeatiOa. and revabal"Lem of engrossed Ga trwction plane hereinabove
<br /> provided with compact to the Onslaal Con&tvuetlan Plane shell continue to apply
<br /> aril the fksOtrOCtton Plane have been aprewed by the Ag4mey; hwld". that is
<br /> ANY event the "developer Mall Submit Satisfactory fe10&tructlan plane me later
<br /> than February d. ISri
<br /> Following the approval by Agency of the COsstrwctiso Plot. Sadsweloper
<br /> SOY !neon time to time submit to Ag*mcy for ice approval. propaeed changes IS the
<br /> COmetreettsn Plane. It Agency aprove11 Is writing the peepead thaeg". them
<br /> the changes shell became a part of the Ceoottwetioa p3ame and the tonetrs,eclan .
<br /> Plane Sell be dosmed amended accordingly.
<br /> Us Leta "Improvements". as sand to this Agr sawat shall M doomed ce
<br /> base reference to the imprwemeats as provided and Specified is the Co"tnettw
<br /> Plans as on approved.
<br /> (b) As ptom.Nely AS peaatble after apewel by che **easy of the f>m&trme-
<br /> tiee Plan*, a". in Aro west, me later them ltemunn a. tris , red as a
<br /> comit
<br /> dlas precedent to the obligation of the Agency to cawey she Property go
<br /> the 98&11veloryr, the "developer shell submit to the Agency. for approval by
<br /> the Agency, wide=* Satisfactory to the ASM47 that the Redeveloper boa the
<br /> capital sed Csemitments for timanelng necassary for the-tenetgwtti" of the
<br /> Improvements.
<br /> (c) The "dw0leper Agrees get Itself, and ccs success"& and earl w
<br /> to or of W Property or may part thereof, and the Deed Shell cantata covesm"s
<br /> Am the part Of the Wrv*IOpat lot IteOlf, and such successors ad assigne, that
<br /> Che Smdovaleprr. 4101 such successor& and "signs, shell promptly begin sed 4111-
<br /> Ssstl7 Prosecute Fo completion the redwOlopmeat of the Property tbrwgk W
<br /> "mtfwtieo Of the ImprwOmest* thermos, and that Suck constructles Shall is may
<br /> want he begun within Agfa (d) months from the date of the reeeNlag of the Deed
<br /> for a Pascal or portion Lheteot As Conveyed, and be completed. within Dme (1)
<br /> you from Ouch dates Provided, 91109.1f • mortgage or ether Instrument meonriag
<br /> money loaned to finance the tnprov4 ate. or any part thereof, t* insured by
<br /> 2311 Federal 11"MILag Administratlan, then the aforesaid completion time Shell
<br /> met apply, but lest*" the caacruetfoo of much IapgwomOats or part thermal
<br /> shell be Completed within the time &peslf/ed In the Applicable Building lean
<br /> AgraOmest approved by the Federal Dousing Administrations Provided Further,
<br /> that the Construction of such Improvements or pert thereof as are subject to the
<br /> fw&golq proviso shall to "y went be Completed within tour years from the
<br /> data of executive of such M•llding less Agreement. It is lat4eded and agreed,
<br /> .A.
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