Laserfiche WebLink
5.4 Cooperation. Consistent with City policy, the Commission hereby agrees to <br />endorse and support Developer's efforts to expedite the Project through the required planning, <br />design, permitting, waiver and related regulatory processes; provided, however, the Commission <br />shall not be required to expend any money in connection therewith. The Commission further <br />agrees to permit Developer or its agents access to the LaSalle Property through the use of the <br />public roads surrounding the LaSalle Property necessary to accomplish the actions contemplated <br />by this Agreement. <br />5.5 Tax Abatement. Upon request of Developer and at the earliest opportunity <br />legally permissible and upon timely receipt of the appropriate documentation, Commission <br />agrees to recommend approval of and support the designation of the LaSalle Property as both an <br />Economic Development Target Area and Economic Revitalization Area (under Ind. Code § 6- <br />1.1- 12.1 -1 et seq.) for purposes of real property tax abatement for the Project. <br />5.6 Costs and Expenses. The Commission hereby agrees to bear its own costs and <br />expenses related to this Agreement (including legal fees) not directly related to the design and <br />construction of the Local Public Improvements (such costs to be paid from the Funding <br />Amount). <br />5.7 Zoning, Variance, Special Permits, Etc. The Commission hereby agrees to <br />continue to assist Developer in its efforts to seek zoning, variance, design, sign, health, safety, <br />construction and other necessary permits, consents and/or approvals to complete the Project (to <br />the extent they have not yet been obtained and completed), including the construction of covered <br />parking (according to plans which shall be submitted to the Commission for prior approval as set <br />forth herein), on a portion of the Project Site, including the Support Parcel, to serve the LaSalle <br />Property. <br />5.8 Information. The Commission hereby agrees to provide any and all due <br />diligence items with respect to the Project reasonably requested by the Developer. <br />5.9 Public Announcements, Press Releases and Marketing Materials. The <br />Commission hereby agrees to coordinate all public announcements and press releases relating to <br />the Project with Developer. <br />SECTION 6. ADDITIONAL DOCUMENTS AND AGREEMENTS. <br />6.1 Construction Management Agreement. Following the Effective Date, the <br />Commission shall enter into a construction management agreement in the form attached hereto <br />and incorporated herein as Exhibit F (or in such other form as mutually agreed) with Developer <br />and the Board of Works whereby the Commission and the Board of Works shall designate and <br />appoint Developer as construction manager and agent to act on behalf of the Commission in <br />connection with the construction of the Local Public Improvements (the "Construction <br />Management Agreement "). Pursuant to the Construction Management Agreement, Developer <br />shall be responsible for and/or enabled to (a) preparing the plans and specifications for the Local <br />Public Improvements, (b) preparing all necessary bid documents and legal advertisements, <br />scheduling and participating in any pre -bid meetings with potential bidders, reviewing bids and <br />making recommendations with regard to the award of bids, (c) supervising and monitoring the <br />-10- <br />dms.us.52637413.08 <br />