Common Contracts

1 similar Redevelopment and Reimbursement Agreement contracts

REDEVELOPMENT AND REIMBURSEMENT AGREEMENT BY AND BETWEEN
Redevelopment and Reimbursement Agreement • December 8th, 2023

WHEREAS, LURA and the Developer are parties to the Redevelopment and Reimbursement Agreement dated March 16, 2023 (the “Agreement”), relating to the public finance structure made available to Developer with respect to property owned by Developer in the Town of Lyons; the respective roles and responsibilities of LURA and the Developer to finance, develop and construct the various components of a development project on the property; and the timetable for implementation of certain incentives and the financing and construction of such development project, all as more particularly described therein. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Agreement.