The owner/developer, in order to receive, or continue receiving, incentives or enhancements, shall:
(A) Provide information, including capital investment and employment projections, to enable the City to prepare a fiscal impact analysis;
(B) Begin construction of the improvements within 12 months from the effective date of the agreement required pursuant to § 35.18;
(C) Complete construction, remodeling, or improvement within 24 months of the date of the offer or effective date of the agreement required pursuant to § 35.18 with the City, unless otherwise provided in such agreement;
(D) Upon purchase of the parcel or parcels for the economic development project, commence construction of the improvements no later than 90 days after issuance by City of a building permit;
(E) Comply with such zoning, building, and planning requirements as are applicable to construction of said improvements, including cooperating with the City in connection with site plan approvals and the obtaining of such other permits as are required in connection with the development of the land and construction and occupancy of the improvements;
(F) Provide the City with information necessary for the City to complete its fiscal impact analysis model. Such information shall not include proprietary or certain financial information that, in the reasonable opinion of the owner/developer, could be used to the owner/developer’s competitive disadvantage by market competitors;
(G) Be wholly responsible for paying City impact fees, development fees, plan check fees, permit fees, expedited review fees, and fees required by the City for studies, reports, and other project- related analyses;
(H) Make every reasonable effort to have improvements satisfactorily completed, to obtain a certificate of occupancy, and to have the economic development project open for business on or before the date certain which shall be identified in the agreement required pursuant to § 35.18; and
(I) On each anniversary date of the issuance of the certificate of occupancy through the compliance period, provide to the City Manager an informational update, including capital investment and employment projections, which demonstrates the developer’s compliance with its obligations under its agreement with the City.
(Prior Code, § 23-5)