RES 81439 - Laserfiche WebLink

[C:\TEMP\~LF50001.BMP] (b) ACCEPT STREET IMPROVEMENTS. It will accept necessary dedications of land for and by mutual agreement and on mutually agreeable terms with the Local Authorit~ grade, improve, pave, and provide sidewalks for all streets hounding such project or necessary to provide access thereto. In the alternative, the parties may agree that the local authority pay to the Municipality such amount as would be assessed against the project site for such work if such site were privately owned. (c) PROVIDE WATER, SEI~R. It will provide, or cause to be provided, water mains, and storm and sanitary sewer mains, leading to such Project and serving the bounding streets thereof (in consideration whereof the Local Authority shall pay to the Municipality such amount as would be assessed against the Project site for such work if such site were privately , owned pursuant to the rules and regulations of the Municipality).~ . (d) DISTRIBUTION OF COSTS. In the event the Local Authority over-sizes utilities necessary for the Project or provides off-site extensions, the Municipality shall provide a mechanism to enforce equitable distribution of costs among users of any excess capacity. The Municipality shall require reimburse- ment to the Local Authority for any such construction and carry costs on terms similar to that provided to private developers _through mutual benefit districts. 6. "PILOT" WITHHOLD. If by reason of the Municipality's failure or refusal to furnish or cause to be furnished any public services or facilities which it has agreed hereunder to furnish or cause to be furnished to the Local Authority or to the tenants of any Project, the Local Authority incurs any expense to obtain such services or facilities then the Local Authority may deduct the amount of such expenses from any Payments in Lieu of Taxes due or to become due to the Municipality in respect to any Project or any other low-income housing projects owned or operated by the Local Authority. 7. PRIOR AGREEI.~NTS. No Cooperation Agreement heretofore entered into between the Municipality and the Local Authority shall be construed to apply to any Project covered by this Agreement. 8. C0~FLICTS BY CITY OFFICERS. No member of the governing body of the ~nicipality or any other public official of the Municipality who exercises any responsibilities or functions with respect to any Project during his tenure or for one year thereafter shall have any interest, direct or indirect, in any Project or any property included or planned to be included in any project, or any contracts in connection with such Projects -5-