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RDA Resolution 1983-016RESOLUTION NO. RA-83-16 A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY APPROVING AND ADOPTING RULES GOVERNING PARTICIPATION AND PREFERENCES BY PROPERTY OWNERS AND BUISNESS OCCUPANTS IN THE LA QUINTA REDEVELOPMENT PROJECT AND AUTHORIZING TRANSMITTAL OF SAID RULES TO THE CITY COUNCIL OF THE CITY OF LA QUINTA WHEREAS, Section 33339.5 of the California Community Redevelopment Law (Health and Safety Code, Section 33000 et. seq.) provides that a redevelopment agency shall adopt and make available for public inspection rules to implement the operation of business re-entry preferences in connection with a redevelopment plan. WHEREAS, Section 3345 of the Community Redevelopment Law provies that a redevelopment agency shall adopt and make available for public inspection rules to implement the operation of owner participation in connection with a redevelopment plan. NOW, THEREFORE, BE IT RESOLVED by the La Quinta Redevelopment Agency as follows: 1. The "Rules Governing Participation and Preferences by Property Owners and Business Occupants in the La Quinta Redevelopment Project," attached as Exhibit A and by reference thereto made a part hereof, are hereby adopted. 2. The Executive Director of the La Quinta Redevelopment Agency is hereby authorized and directed to make available for public inspection these adopted rules. 3. The Executive Director of the La Quinta Redevelopment Agency is hereby authorized and directed to transmit a copy of the Rules Governing Participation and Preferences, together with a copy of this Resolution to the City Council of the City of La Quinta. APPROVED and ADOPTED this 1st day of Novenber, 1983, by the following vote: AYES: Agency Members Allen, Cox, Wolff and Chairman Baier. NOES: None. ABSENT: None. ABSTAIN: Agency Member Henderson. ATTEST[--- Secreta Chairman RESOLUTION NO. RA 83-16 O •: a PROPERTYFULES GOVERNING PARTICIPATION AND PP=MY- OWNERS AND BUSINESS OCCUPANTS IN THE • • 1 V• REDEVELOPMENT ' ' • Adopted by La Quinta Redevelopment Agency Date: November 1, 1983 Resolution No: RA-83-16 RESOLUTION NO. RA 83-16 TABLE OF CONTENTS 1;06-5 1. [ 100 ] PURPOSE AND INTENT . . . . . . . . . . . . . . . . . . 1 II. [200] DEFINITIONS . . . . . . . . . . . . . . . . . . . . . 1 III. [300] TYPES OF PARTICIPATION . . . . . . . . . . . . . . . 2 IV. [400] PREFERENCES TO EXISTING OMERS AND BUSINESS OCCUPANTS WITHIN PRO= AREA . . . . . . . . . . . . 2 V. [500] CCNFORMING PROPERTIES . . . . . . . . . . . . . . . . VI. [600] PARTICIPATION PROCEDURES . . . . . . . . . . . . . . 4 A. [601] Notice and Statement of Interest . . . . . . . . . . 4 B. [602] Participation Agreements . . . . . . . . . . . . . . . 1. [603] General . . . . . . . . . . . . . . . . . . . . 2. [604] Contents . . . . . . . . . . . . . . . . . . . . . VIZ. [700] ENFORCEMENT . . . . . . . . . . . . . . . . . . . . . 5 VIII. [800] AMENDMENT OF RULES . . . . . . . . . . . . . . . . . . Statement of Interest in Participating (form) RESOLUTION NO. RA 83-16 RULES GOVERNING PARTICIPATION AN• P • a a « BY PROPERTY OWNERS AND BUSINESS ANTS • • v • a• • • iE Pr • I. [1001 PURPOSE AND INTENT - These rules are adopted to implement the provisions of the Redevelopment Plan for the La Quinta Redevelopment Project regarding participation and the exercise of preferences by property owners and business occupants within the Project. These rules set forth the procedures governing such preferences and participation. The California Community Redevelopment Law (Health and Safety Code Section 33000 et. sec.) requires the adoption of these rules by the Agency to permit participation in the redevelopment of the Project Area by owners of real property and persons engaged in business within the boundaries of the Project Area to the maximum extent consistent with the objectives of the Redevelopment Plan. II. [2001 DEFINITIONS As used herein, the following definitions apply: (1) "Redevelopment Plan" means the Redevelopment Plan for the La Quinta Redevelopment Project as adopted by the City Council of the City of La Quinta. (2) "Project Area" means the project area described in Section 200 of the Redevelopment Plan and shown on Exhibit "A," Redevelopment Plan Map, attached thereto. (3) "Agency" means the La Quinta Redevelopment Agency. (4) 'Owner" means any person, persons, corporation, association, partnership, or other entity holding title of record to real property in the Project Area on the date of adoption of the Redevelopment Plan by the City Council. (5) "Business occupants" means persons engaged in business within the Project Area on the date of adoption of the Redevelopment Plan by the City Council. (6) 'Other Owners" means any person, persons, corporation, association, partnership, or other entity who purchase or otherwise acquire title to real property in the Project Area subsequent to the date of adoption of the Redevelopment Plan by the City Council. (7) 'Other Business Occupants" means persons engaged in business within the Project Area subsequent to the adoption of the Redevelopment Plan by the City Council who were not engaged in business in the Project Area on the date of adoption of the Redevelopment Plan. RESOLUTION NO. RA 83-16 (8) "Participation Agreement" means an agreement entered into by an Owner, Other Owner, Business Occupant or Other Business Occupant of real property within the Project Area with the Agency in accordance with the provisions of the Redevelopment Plan and these rules. III. [3001 TYPES OF Participation may involve existing Owners and Other Owners and, if they acquire property within the Project Area, participation may involve existing Business Occupants and Other Business Occupants. Participation includes remaining in substantially the same location either by retaining all or portions of the property, or by retaining all or portions of the property and purchasing - adjacent property fron the Agency. An Owner or Other Owner who participates in the same location may be required to rehabilitate or demolish all or part of his existing buildings, or the Agency may acquire the buildings only and then remove or demolish the buildings. Participation also includes the Agency buying land and improvements at fair market value from existing Owners and Other owners and offering other parcels for purchase by such Owners and Other Owners. IV. [400) PREFERENCES TO EXISTING OWNERS AND BUSINESS OCCUPANTS WITHIN PROJECT AREA Participation is desired in the rehabilitation and redevelopment of the Project Area by as many existing Owners and Business Occupants as possible. The Agency shall extend preferences to existing Owners and Business Occupants to continue in or, if the Agency acquires the land of an existing property Owner or the land on which an existing Business Occupants is located, to re-enter the Project Area if any such Owner or Business Occupant meets the requirements prescribed in the Redevelopment Plan and in these rules. Subject to these rules, existing Owners within the Project Area who desire to acquire new property within the Project Area shall be extended a reasonable preference to acquire and develop substitute properties within the Project Area at such times as the Agency is able to make available for private development for such purpose properties within the Project Area; provided, however, that such development will be consistent with and will not impair the objectives of the Redevelopment Plan as determined by the Agency. Subject to these rules, existing Business Occupants within the Project Area who desire to continue or re-enter into business within the Project Area, shall be extended a reasonable preference to acquire and develop substitute locations for such purpose within the Project Area at such times as the Agency is able to make available for private development for such purpose properties within the Project Area; provided, however, that such development will be consistent with and will not impair the objectives of the Redevelopment Plan as determined by the Agency. Participation opportunities shall necessarily be subject to and limited by factors such as the following: (1) The elimination and changing of some land uses; -2- RESOLUTION NO. RA 83-16 (2) The construction, realignment, abandonment, widening, opening and/or other alteration or elimination of public rights -of -way; (3) -The removal, relocation, and/or installation of public utilities and public facilities; (4) The ability of participants to finance the proposed acquisition, development or rehabilitation in accordance with the Redevelopment Plan; (5) The ability and experience of participants to undertake and complete the proposed development; (6) Any reduction in the total rnsnber of individual parcels in the Project Area; (7) The construction or expansion of public improvements and facilities, and the necessity to assemble areas for such; (8) Any change in orientation and character of the Project Area; (9) The necessity to assemble areas for public and/or private development. If conflicts develop between the desires of participants for particular sites or land uses, the Agency is authorized to establish reasonable priorities and preferences among the Owners and Business Occupants and to determine a solution by consideration of such factors as: length of time in the area; accommodation of as many participants as possible; ability to perform; similar land use to similar land use; and conformity with intent and purpose of the Redevelopment Plan and these rules. Participation to the extent feasible shall be available for two or more persons, firms or institutions to join together in partnerships, corpor- ations, or other joint entities. V. [500) OCNFORDDIG PROPERTIES The Project Area is large and contains many parcels of real property. As a result, there is a need to simplify the availability of participation opportunities. Therefore, as an alternative to requiring a Participation Agreement for each property not to be purchased or subject to Agency acquisition by enument domain, the Agency may, in its sole and absolute discretion, determine that certain real properties within the Project Area presently meet the requirements of the Redevelopment Plan, and the owners or Other Owners of such properties will be permitted to remain as owners of conforming properties without a Participation Agreement with the Agency, provided such Owners or Other Owners continue to operate, use, and maintain the real properties within the requirements of the Redevelopment Plan. In the event that any of the owners of conforming properties desire to (1) construct any additional improvements or substantially alter or modify existing structures on any of the real property described above as conforming, or (2) acquire additional property within the Project Area, the, in such event, such owners of conforming properties may be required by the Agency to enter into a Participation Agreement with the Agency. -3- RESOLUTION NO. RA 83-16 VI. [6001 PARTICIPATION PROCEDURES A. - [6011 Notice and Statement of Interest Before entering into any Participation Agreements, Disposition and _ Development Agreements, Exclusive Negotiation Agreements, or taking other actions requiring the acquisition of real property in the Project Area, the Agency shall first notify Owners, Other Owners, Business Occupants, or Other Business Occupants of property which may be acquired and call upon them to submit Statements of Interest in participating in the proposed development or in otherwise partici- pating in the redevelopment of the Project Area. The Agency shall deliver to each Owner, Other Owner, Business.Occupant or Other Business Occupant of real property which may be acquired, a form Statement of Interest at least 45 days prior to considering any of the actions requiring acquisition of real property. Those desiring to submit Statements of Interest must complete and submit such statements to the Agency within 30 days of receipt. Such statements shall include information requested by the Agency. Any owner, Other Owner, Business Occupant or Other Business Occupant may also submit such a statement at any time before such notification. The Agency shall consider such Statements as are submitted on time and shall seek to develop reasonable participation for those submitting such Statements whether to stay in place, to move to another location, or to obtain preferences to re-enter the Project Area. The Agency may in its sole discretion determine that a participation proposal is not feasible or otherwise in the best interest of the Redevelopment Project or the community. In such event, the Agency shall select a developer from among prospective participants submitting Statements of Interest and others invited to submit proposals. B. [6021 Participation Aqreements 1. [6031 General Public and private Owners, Other Owners, Business Occupants or Other Business Occupants wishing to develop or improve their properties within the Project Area may be required, as a condition to Agency approval of such development, to enter into Participation Agreement with the Agency if the Agency determines it is necessary to impose upon such property any of the standards, restrictions and controls of the Redevelopment Plan. 2• [6041 Contents A Participation Agreement shall obligate the Owner, or Other Owner, his/her heirs, and successors and assigns, and/or a Business Occupant or Other Business Occupant to devote the property to the uses specified in the Redevelopment Plan and abide by all provisions and conditions of the Redevelopment Plan for the period of time that the Redevelopment Plan is in force and effect, excepting those provisions related to non-discrimination and non -segregation which shall run in perpetuity. A Participation Agreement shall contain such other terms and conditions which, in the discretion of the Agency may be necessary to effectuate the purposes of the Redevelopment Plan. Each Participation Agreement will require the participant to join in the recordation of such documents as the Agency may require in order to insure -4- RESOLUTION NO. RA 83-16 the property will be developed and used in accord with the Redevelopment Plan and the Agreement. Participation agreements will be effective only if approved by a majority vote of the members of the Agency. Vii. [700] In the event a property is not developed, rehabilitated or used in conformance with the Redevelopment Plan, withan Agency determination of confor- mance, or a Participation Agreement, then the Agency is authorized to (1) purchase the property, (2) purchase any interest in the property sufficient to obtain conformance, or (3) take any other appropriate action sufficient to obtain such conformance. The Agency shall not acquire real property retained or developed under an approved Participation Agreement if the participant fully performs under the Agreement. VIII. [ 800] MENU= OF RULES The Agency may amend these rules at any regular meeting or duly called special meeting held after their adoption, but only after notice to the Agency members and the public. The text of the proposed change shall be furnished along with the notice of the meeting. Such notice shall be delivered at least fourteen (14) days before the date of the meeting at which the proposed amendment will be considered. The method of notice is at the discretion of the Agency. No such amendment shall retroactively impair the rights of any parties who have executed Participation Agreements with the Agency in reliance upon these rules as presently constituted. -5- KatzHollis.V RESOLUTION NO. A RESOLUTION OF THE LA QUINTA REDEVELOPMENT AGENCY APPROVING AND ADOPTING RULES GOVERNING PARTICIPA- TION AND PREFERENCES BY PROPERTY OWNERS AND BUSI- NESS OCCUPANTS IN THE LA QUINTA REDEVELOPMENT PROJECT AND AUTHORIZING TRANSMITTAL OF SAID RULES TO THE CITY COUNCIL OF THE CITY OF LA QUINTA 080183 mmAAR8 WHEREAS, Section 33339.5 of the California Community Redevelopment Law (Health and Safety Code, Section 33000 et. seq.) provides that a re- development agency shall adopt and make available for public inspection rules to implement the operation of business re-entry preferences in con- nection with a redevelopment plan; WHEREAS, Section 33345 of the Community Redevelopment Law provides that a redevelopment agency shall adopt and make available for public in- spection rules to implement the operation of owner participation in con- nection with a redevelopment plan. NOW, THEREFORE, BE IT RESOLVED by the La Quinta Redevelopment Agency as follows: 1. The "Rules Governing Participation and Preferences By Property Owners and Business Occupants in the La Quinta Redevelopment Project," attached as Exhibit A and by reference thereto made a part hereof, are hereby adopted. 2. The Executive Director of the La Quinta Redevelopment Agency is hereby authorized and directed to make available for public inspection these adopted rules. 3. The Executive Director of the La Quinta Redevelopment Agency is hereby authorized and directed to transmit a copy of the Rules Govern- ing Participation and Preferences, together with a copy of this Resolu- tion to the City Council of the City of La Quinta. APPROVED and ADOPTED this 1983, by the following vote: ATTEST: AYES: NOES: ABSENT: Secretary Chairman day of Katz Hol I is EXHIBIT A RULES GOVERNING PARTICIPATION AND PREFERENC BY PROPERTY OWNERS AND BUSINESS OCCUPANTS IN THE LA QUINTA REDEVELOPMENT PROJECT Adopted by La Quinta Redevelopment Agency Date: Resolution No.: 080183 mmAAR8 Katz Hol I is TABLE OF CONTENTS PAGE I. [§1003 PURPOSE AND INTENT . . . . . . . . . . . . . . . . . 1 II. [§2003 DEFINITIONS . . . . . . . . . . . . . . . . . . . . 1 III. [§300] TYPES OF PARTICIPATION . . . . . . . . . . . . . . . 2 IV. [§400] PREFERENCES TO EXISTING OWNERS AND BUSINESS OCCUPANTS WITHIN PROJECT AREA . . . . . . . . . . . 2 V. [§500] CONFORMING PROPERTIES . . . . . . . . . . . . . . . 4 VI. [§600] PARTICIPATION 'PROCEDURES . . . . . . . . . . . . . . 4 A. [§601] Notice and Statement of Interest . . . . . . . 4 B. [§602] Participation Agreements . . . . . . . . . . . 5 1. [§603] General . . . . . . . . . . . . . . . . . 5 2. [§604] Contents . . . . . . . . . . . . . . . . . 5 VII. [§700] ENFORCEMENT . . . . . . . . . . . . . . . . . . . . 5 VIII. [§800] AMENDMENT OF RULES . . . . . . . . . . . . . . . . . 6 Statement of Interest in Participating (form) KatzHollis RULES GOVERNING PARTICIPATION AND PREFERENCES BY PROPERTY OWNERS AND BUSINESS OCCUPANTS IN THE LA QUINTA REDEVELOPMENT PROJECT I. [§100) PURPOSE AND INTENT These rules are adopted to implement the provisions of the Rede- velopment Plan for the La Quinta Redevelopment Project regarding partici- pation and the exercise of preferences by property owners and business occupants within the Project. These rules set forth the procedures gov- erning such preferences and participation. The California Community Redevelopment Law (Health and Safety Code Section 33000 et. seq.) requires the adoption of these rules by the Agency to permit participation in the redevelopment of the Project Area by owners of real property and persons engaged in business within the boundaries of the Project Area to the maximum extent consistent with the objectives of the Redevelopment Plan. II. [§200) DEFINITIONS As used herein, the following definitions apply: (1) "Redevelopment Plan" means the Redevelopment Plan for the La Quinta Redevelopment Project as adopted by the City Council of the City of La Quinta. (2) "Project Area" means the project area described in Section 200 of the Redevelopment Plan and shown on Exhibit "A," Redevelopment Plan Map, attached thereto. (3) "Agency" means the La Quinta Redevelopment Agency. (4) "Owner" means any person, persons, corporation, association, partnership, or other entity holding title of record to real property in the Project Area on the date of adoption of the Redevelopment Plan by the City Council. (5) "Business Occupants" means persons engaged in business within the Project Area on thedateof adoption of the Redevelopment Plan by the City Council. (6) "Other Owners" means any person, persons, corporation, asso- ciation, partnership, or other entity who purchase or otherwise acquire title to real property in the Project Area subsequent to the date of adoption of the Redevelopment Plan by the City Council. Katz Hollis (7) "Other Business Occupants" means persons engaged in business within the Project Area subsequent to the adoption of the Redevelopment Plan by the City Council who were not engaged in business in the Project Area on the date of adoption of the Redevelopment Plan. (8) "Participation Agreement" means an agreement entered into by an Owner, Other Owner, Business Occupant or Other Business Occupant of. real property within the Project Area with the Agency in accordance with the provisions of the Redevelopment Plan and these rules. - III. [§300] TYPES OF PARTICIPATION Participation may involve existing Owners and Other Owners and, if they acquire property within the Project Area, participation may in- volve existing Business Occupants and Other Business Occupants. Parti- cipation includes remaining in substantially the same location either by retaining all or portions of the property, or by retaining all or por- tions of the property and purchasing adjacent property from the Agency. An Owner or'Other Owner who participates in the same location may be re- quired to rehabilitate or demolish all or part of his existing buildings, or the Agency may acquire the buildings only and then remove or demolish the buildings. Participation also includes the Agency buying land and improvements at fair market value from existing Owners and Other Owners and offering other parcels for purchase by such Owners and Other Owners. IV. [§400] PREFERENCES TO EXISTING OWNERS AND BUSINESS OCCUPANTS WITHIN PROJECT AREA Participation is desired in the rehabilitation and redevelopment of the Project Area by as many existing Owners and Business Occupants as possible. The Agency shall extend preferences to existing Owners and Business Occupants to continue in or, if the Agency acquires the land of an existing property Owner or the land on which an existing Business Occupant is located, to re-enter the Project Area if any such Owner or Business Occupant meets the requirements prescribed in the Redevelopment Plan and in these rules. Subject to these rules, existing Owners within the Project Area whodesire to acquire new property within the Project Area shall be extended a reasonable preference to acquire and develop substitute properties within the Project Area at such times as the Agency is able to make available for private development for such purpose properties within the Project Area; provided, however, that such development will be consistent with and will not impair the objectives of the Redevelop- ment Plan as determined by the Agency. -2- Katz Hollis Subject to these rules, existing Business Occupants within the Project Area who desire to continue or re-enter into business within the Project Area, shall be extended a reasonable preference to acquire and develop substitute locations for such purpose within the Project Area at such times as the Agency is able to make available for private develop- ment for such purpose properties within the Project Area; provided, how- ever, that such development will be consistent with and will not impair the objectives of the Redevelopment Plan as determined by the Agency. Participation opportunities shall necessarily be subject to and limited by factors such as the following: (1) The elimination and changing of some land uses; (2) The construction, realignment, abandonment, widening, opening and/or other alteration or elimination of public rights -of -way; (3) The removal, relocation, and/or installation of public util- ities and public facilities; (4) The ability of participants to finance the proposed acquisi- tion, development or rehabilitation in accordance with the Redevelopment Plan; (5) The ability and experience of participants to undertake and complete the proposed development; (6) Any reduction in the total number of individual parcels in the Project Area; (7) The construction or expansion of public improvements and fa- cilities, and the necessity to assemble areas for such; (8) Any change in orientation and character of the Project Area; (9) The necessity to assemble areas for public and/or private development. If conflicts develop between the desires of participants for par- ticular sites or land uses, the Agency is authorized to establish reason- able priorities and preferences among the owners and Business Occupants and to determine a solution by consideration of such factors as: length of time in the area; accommodation of as many participants as possible; ability to perform; similar land use to similar land use; and conformity with intent and purpose of the Redevelopment Plan and these rules. Par- ticipation to the extent feasible shall be available for two or more persons, firms or institutions to join together in partnerships, corpora- tions, or other joint entities. -3- Katz Hollis V. [§500] CONFORMING PROPERTIES The Project Area is large and contains many parcels of real prop- erty. As a result, there is a need to simplify the availability of par- ticipation opportunities. Therefore, as an alternative to requiring a Participation Agreement for each property not to be purchased or subject to Agency acquisition by eminent domain, the Agency may, in its sole and absolute discretion, determine that certain real properties within the Project Area presently meet the requirements of the Redevelopment Plan, and the Owners or Other Owners of such properties will be permitted to remain as owners of conforming properties without a Participation Agree- ment with the Agency, provided such Owners or Other Owners continue to operate, use, and maintain the real properties within the requirements of the Redevelopment Plan. In the event that any of the owners of conforming properties desire to (1) construct any additional improvements or substantially alter or modify existing structures on any of the real property described above as conforming, or (2) acquire additional property within the Proj- ect Area, the, in such event, such owners of conforming properties may be required by the Agency to enter into a Participation Agreement with the Agency. VI. [§600] PARTICIPATION PROCEDURES A. [§601] Notice and Statement of Interest Before entering into any Participation Agreements, Disposition and Development Agreements, Exclusive Negotiation Agreements, or taking other actions requiring the acquisition of real property in the Project Area, the Agency shall first notify Owners, Other Owners, Business Occu- pants, or Other Business Occupants 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 shall deliver to each Owner, Other Owner, Business Occupant or Other Business Occupant of real property which may be acquired, a form Statement of Interest at least 45 days prior to considering any of the actions requiring acquisition of real property. Those desiring to submit Statements of Interest must complete and submit such statements to the Agency within 30 days of receipt. Such statements shall include information requested by the Agency and be in the form requested by the Agency. Any Owner, Other Owner, Business Occupant or Other Business Oc- cupant may also submit such a statement at any time before such notifi- cation. -4- Katz Holt is The Agency shall consider such Statements as are submitted on time and shall seek to develop reasonable participation for those submit- ting such Statements whether to stay in place, to move to another loca- tion, or to obtain preferences to re-enter the Project Area. The Agency may in its sole discretion determine that a participation proposal is not feasible or otherwise in the best interest of the Redevelopment Project or the community. In such event, the Agency shall select a developer from among prospective participants submitting Statements of Interest and others invited to submit proposals. B. [§602] Participation Agreements 1. [§603] General Public and private Owners, Other Owners, Business Occupants or Other Business Occupants wishing to develop or improve their properties within the Project Area may be required, as a condition to Agency approv- al of such development, to enter into Participation Agreement with the Agency if the Agency determines it is necessary to impose upon such property any of the standards, restrictions and controls of the Redevel- opment Plan. 2. [§604] Contents A Participation Agreement shall obligate the Owner, or Other owner, his/her heirs, and successors and assigns, and/or a Business Occupant or Other Business Occupant to devote the property to the uses specified in the Redevelopment Plan and abide by all provisions and conditions of the Redevelopment Plan for the period of time that the Redevelopment Plan is in force and effect, excepting those provisions related to non-discrimination and non -segregation which shall run in perpetuity. A Participation Agreement shall contain such other terms and conditions which, in the discretion of the Agency may be necessary to effectuate the purposes of the Redevelopment Plan. _ Each Participation Agreement will require the participant to join in the recordation of such documents as the Agency may require in order to insure the property will be developed and used in accord with the Re- development Plan and the Agreement. Participation agreements will be ef- fective only if approved by a majority vote of the members of the Agency. VII. [§700] ENFORCEMENT In the event a property is not developed, rehabilitated or used in conformance with the Redevelopment Plan, with an Agency determination -5- KatzHollis of conformance, or a Participation Agreement, then the Agency is author- ized to (1) purchase the property, (2) purchase any interest in the property sufficient to obtain conformance, or (3) take any other appro- priate action sufficient to obtain such conformance. The Agency shall not acquire real property retained or developed under an approved Parti- cipation Agreement if the participant fully performs under the Agreement. VIII. (§800] AMENDMENT OF RULES The Agency may amend these rules at any regular meeting or duly called special meeting held after their adoption, but only after notice to the Agency members and the public. The text of the proposed change shall be furnished along with the notice of the meeting. Such notice shall be delivered at least fourteen (14) days before the date of the meeting at which the proposed amendment will be considered. The method of notice is at the discretion of the Agency. No such amendment shall retroactively impair the rights of any parties who have executed Participation Agreements with the Agency in reliance upon these rules as presently constituted. Katz Hol I is STATEMENT OF INTEREST IN PARTICIPATING 0801B3 mmAARB I hereby express my interest in participating in the Redevelopment Project and submit the following information: 1. 2. 3. 4. 5. 6. 7. Name Telephone Home Address Name of Business Address of Business My present involvement in the Project area is: I now own property in the Project I now lease property in the Project Explain: I am interested in participating: As a Property Owner As a Tenant If I participate: I would like to continue at the same location I would like to change my present location I would like to acquire real property for expansion (indicate ap- proximate requirements) Signed Date