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Resolution No. 85-560 <br />Page Two <br /> <br /> d. That the exemption shall lapse eighteen (18) months <br /> from the date of approval unless construction has <br /> commenced on any building in the project; and <br /> <br /> e. That the agreement shall run with the land. <br /> <br />Section 4: Authorizes staff to draft and the Mayor to execute <br /> such an agreement. <br /> <br />Section 5: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED NOVEMBER 19, 1985 BY THE FOLLOWING VOTE: <br /> <br />AYES: Councilmembers - Butler, Mercer, Mohr and Wood <br />NOES: Mayor Brandes <br />ABSENT: None <br /> <br />ATTEST: <br /> FRA OR <br /> <br />Peter'D. ~acDonald~"City Attorney <br /> <br /> <br />