Important Facts for Citizens to KNOW

GRAND TERRACE July 1981 Redevelopment Plan was Amended to include the entire town, and which established the Agency’s authority to use eminent domain to acquire non-residential ly designated property in the Project area. Eminent domain authority expires 7-22-2011 and the Redevelopment Plan Effectiveness expires on 7-15-2016.

OPPORTUNITIES FOR OWNERS & TENANTS

“OPPORTUNITIES TO PARTICIPATE SHALL BE PROVIDED FIRST TO OWNERS AND TENANTS IN THE PROJECT AREA WITHOUT COMPETITION WITH PERSONS AND FIRMS FROM OUTSIDE THE PROJECT AREA.” Page 12, paragraph B-3

“In order to provide opportunities to owners and tenants to participate in the redevelopment of the Project area, the Agency has promulgated rules for owner and tenant participation. 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 tenants. Some of the factors to be considered in establishing these priorities and preferences may include participants’ length of occupancy in the area, accommodation of the many participants as possible, similarity of land use, and conformity of participants’ proposals with the intent and objective of the Redevelopment Plan.” Page 12,

“Persons who are owners of real property in the Project Area shall be given reasonable opportunity to participate in redevelopment: by retaining all or a portion of their properties; by acquiring adjacent or other properties in the Project Area; by rehabilitation of existing buildings or improvements; by new development; or by selling their properties to the Agency and purchasing other properties in the Project Area, in accordance with this plan and the rules for owner and tenant participation adopted by the Agency pursuant to this Plan and the California Community Redevelopment Law.” Page 9 paragraph B-1

“The Agency shall extend reasonable preferences to persons who are engaged in business in the Project Area, to participate in the redevelopment, of the Project Area, or to re-enter into business within the redeveloped area, if they otherwise meet the requirements prescribed in the Plan. The Agency shall also extend reasonable preferences to tenants other than business tenants in the Project Area to re-enter within the redeveloped area, if they otherwise meet the requirements prescribed by the Plan. Such business, residential, institutional, and semi-private tenants shall be permitted, if they so desire, to purchase and develop real property in the Project Area.” Page 10