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RDA Reso 2001-012
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RDA Reso 2001-012
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Last modified
9/4/2010 3:53:16 PM
Creation date
7/19/2010 9:41:48 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
10/1/2001
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PERM
Document Relationships
3A Public Hearing 2001 1001
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2001
RDA Agmt 2001 Batarse Family Trust UTA
(Approved)
Path:
\City Clerk\City Council\Agreements\2001
Reso 2001-158
(Reference)
Path:
\City Clerk\City Council\Resolutions\2001
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5. Development will proceed as agreed to in the DDA, including by the times specified <br />in the DDA; i.e., speculation is not allowed. <br />If any of the reuse conditions are changed in the final DDA, then the reuse value is <br />subject to change. <br />H. Date of Valuation <br />September 5, 2001 <br />1. Final Estimate of Reuse Value <br />The reuse value for the Site is directly a function of the development economics for the <br />specific development that is required to be constructed for the Project. <br />In our opinion, $2,023,150 is a fair reuse value, given the specific conditions and <br />covenants of the draft DDA. <br />Conley Consulting Group Page 6 of 22 <br />9-9 Bartarse Reuse 10300.006 v5 September, 2001 <br />
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