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Redevelopment Commission Agenda & Packet 06.11.26
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Redevelopment Commission Agenda & Packet 06.11.26
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6/9/2026 9:39:04 AM
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Dept of Community Investment
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C-1 <br /> <br />EXHIBIT C <br />Description of Local Public Improvements <br /> <br />The Commission will complete, or cause to be completed, the following work in <br />accordance with the terms and conditions of this Agreement and in compliance with all applicable <br />laws and regulations: <br />• Purchase of concrete and completion of associated structural work, including <br />installation of foundations, footings, and other related structural elements for each <br />structure; <br />• Purchase of other materials, including but not restricted to, framing, windows, and <br />doors, to support local public improvements to the Developer Property; and <br />• Any other local public improvements eligible to be paid from tax increment finance <br />revenues as agreed upon between the Parties. <br />It is understood between the Parties that the Commission will contribute an amount not to <br />exceed the Funding Amount specified in Section 1.3 of this Agreement for the Local Public <br />Improvements. The Developer shall have the sole responsibility to fund any and all costs <br />associated with Local Public Improvements which exceeds the Funding Amount. Any and <br />all costs associated with improvements not explicitly described above and not approved <br />pursuant to Section 4.9 (“Specifications for Local Public Improvements”) or that require <br />funding above the Funding Amount are the sole responsibility of the Developer. <br /> <br />
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