8. Termination: The CRA shall have the right to terminate this Agreement for convenience or

Community Redevelopment Agency · 2026-05-07 · agenda_item

This item concerns an agreement that the Community Redevelopment Agency (CRA) has the right to terminate. The agreement outlines conditions for project progress and adherence to terms. If a project is terminated and located on public property, the CRA can remove improvements or claim them. This situation is currently under review. The potential for termination means that any work initiated under this agreement could be halted or altered. This could involve site clearing, utility work, or construction phases. Contractors, suppliers, and service providers should monitor this agreement's status. Early awareness allows businesses to prepare for potential changes or the need to adjust plans.