The Director of Building, Development and Planning is hereby authorized to enter into contracts with developers, wherein the Director, in consideration of the developer's agreeing to the terms set out below, shall make available and certify in writing or by copy to the developer upon written request therefor, the information contained in the Relocation Listing Record at agreed intervals which shall not be more frequent than biweekly. In addition, the Director shall receive information from the developer at the time that the agreement is signed relative to the developer's homes, apartment units and lots and shall relay such information by certified mail to all displaced persons within a reasonable time after receipt thereof.
The terms and conditions to which the developer shall agree are:
(a) The establishment of a selling price range of the available homes or homes to be built on building lots; this selling price range shall apply to the greater of five homes or building lots, or twenty-five percent of the homes or building lots available, and it shall apply for a specified period of time not less than fifteen months from the date when the agreement is executed.
(b) The establishment of a time schedule wherein a minimum and maximum number of homes will be made available to accommodate the displaced persons. This time schedule shall be established for a minimum of twelve months after the date upon which the agreement is executed, with subsequent adjustment by the Director.
(c) The establishment of a purchase priority for displaced persons and other related priorities if applicable for other residents of the Village. The priorities established hereunder shall be effective for the time necessary to properly relocate the displaced persons.
(d) The Director may include such other terms and conditions as he believes advisable provided such other terms and conditions are not inconsistent with the purposes of this chapter. Such other terms and conditions may include, but are not limited to, a provision for the payment of liquidated damages by the developer, whether the developer has breached the terms and conditions as herein set out in whole or in part.
In no event shall the Director or any member of the Building, Development and Planning Department agree to nor receive any fee from any displaced person or developer. And, except for the expenditure of funds in performance of his duties as set out above, the Director shall not agree to nor disburse any funds to any displaced person or developer in the form of liquidated damages or otherwise.
(Ord. 38-2014. Passed 9-4-14.)