Res89 RD-89-16 - Laserfiche WebLink

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that in the renting or leasing of premises rehabilitated or developed pursuant to such agreements the Participant or developer will give reasonable preferences (over other potential tenants or lessees) to Business Occupants who will be or who have been displaced from their places of business to lease or rent premises within the newly rehabilitated or developed facilities. B. [Section 502] Limitations on the Extension of Preferences Reentry preferences shall necessarily be subject to and limited by factors such as the following: (1) The extent to which suitable relocation or reentry accommodations exist or are rehabilitated or developed within the Project Area; (2) The extent to which suitable relocation or reentry accommodations are available to displaced Business Occupants within an acceptable time period or at rents and other terms that are acceptable to such displaced Business Occupants, and within their financial means; and (3) The requirements of the Redevelopment Plan or any design guide adopted by the Agency pursuant to the Redevelopment Plan. C. [Section 503] Conflicts Between Business Occupants Seeking Similar Preferences ff conflicts develop between Business Occupants who seek similar preferences (e.g., two or more occupants who desire to relocate directly to or to reenter in business at the same premises), the Agency is, subject to the limitation factors above, authorized to establish reasonable priorities and preferences among such occupants and to determine a solution by consideration of such factors as: (1) Length of time in the neighborhood; (2) Accommodation of as many Business Occupants as poss~le; (3) Appropriateness of the type of business within the proposed premises and/or at the proposed location; (4) The needs and deskes of the neighborhood; (5) The feasibility of business success; and (6) Conformity with the intent and purpose of the Redevelopment Plan and these rules. VI. [Section 600] PARTICIPATION PROCEDURES A. [Section 601] Notice and Statement of Interest -~ Before entering into any Participation Agreements, disposition and development agreements, exclusive negotiation agreements, or taking other actions which may involve the acquisition of real property in the Project Area, the Agency shall first notify Owners of property which may be acquired and call upon them to submit Statements of Interest in Participating in the proposed development or in otherwise participating in the redevelopment of the Project Area. The Agency shag deliver to each Owner of real property which may be acquired, a Statement of Interest in Participating form at least forty-five (45) days prior to considering any of the actions requiring acquisition of real property. Those desiring to submit Statements of Interest in Participating must complete Page 4 89-16