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• 1.40.010 Chapter 1.40 C. Participation opportunities shall neces- sarily be subject to and limited by such factors OWNER AND BUSINESS TENANT as the need for expansion of public facilities: PARTICIPATION elimination and /or modification of land uses; realignment and vacation of streets; the ability Sections: of participants to finance acquisition and de- 1.40.010 General. velopment in accordance with the plan; reduc- 1.40.020 Rules and regulations tion of the total number of or change in the governing owner sizes of individual parcels in the project area; participation. change in orientation and character of the 1.40.030 Owner participation area, or portion of the area; and preservation agreements. of existing buildings which have historical 1.40.040 Standards. and /or architectural qualities that will enhance 1.40.050 . Alternate provisions on the project area. failure of owner to D. The extent to which participation op- participate. portunities are feasible and afforded to prop- erty owners in the project area shall be at the 1.40.010 General. sole discretion of the redevelopment agency. A. The agency shall extend reasonable E. All of the provisions of this section are preferences to persons who own property or subject to the following provisions concerning are engaged in business in the project area. to the selection of a master developer or devel- continue in or re -enter business within the opers to develop parcels within the project project area, if they meet the requirements area: prescribed in this plan and the agency's rules I . In the event the agency determines, and procedures for such participation. either of its own volition or pursuant to a re- B. The improvement of existing buildings quest of a property owner, that it is in the best and sites by their owners is one of the primary interest of the project that several parcels objectives of this plan. In order to achieve this within the project area be assembled and de- objective, and in order to protect the invest- veloped by a single property owner or other ments of property owners who undertake new entity under a master developer plan, the construction work or substantial remodeling agency may select and designate a master de- and rehabilitation work. a uniform and equita- veloper for the parcels based on the selected ble owner participation program is necessary. master developer's plan and his or her finan- Property owners will be given the opportunity cial and technical ability to successfully un- to participate by coordinating new construe- dertake and complete the development pro- lion. remodeling. rehabilitation and site im- gram. provenent work with the execution of a new 2. Any individual or other entity may lease or lease renewal. The plan includes a apply to be selected as a master developer of positive approach to insure that new construc- tion, remodeling rehabilitation and site im- provement work is carried out properly and promptly throughout the project area. (San Leandro Redevelopment Agency Supp. No. 1.10-04) 48