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363 <br /> Y 19,1981 <br /> .,t p bid amount exceeds 6 <br /> t shall be 108 <br /> a bade Titwithe bi� f he remaining moa shall b in 30 A <br /> ats. Itthe <br /> hin the required <br /> to the ' <br /> city. Providedzhhowever, payment <br /> deposited <br /> shall sum shall also be automatically forfeited to the City in the <br /> Paym vs not mad y the conclusion ofthe 3p y period 85 <br /> event full <br /> Section a and Lease Requirements <br /> a. 1 e Requirements <br /> Only in <br /> circumstancesshall <br /> property ar _ <br /> fur <br /> laim <br /> conveyance to a <br /> +ebyonveyana nQuitC d v proposed contract <br /> le `authorized only y thethemaximum <br /> ng <br /> interest rate <br /> City allowed by established te t theo authorizes or o execute thecontract. <br /> 2. aloeY emP s 11 v e t reet iti <br /> than standard y located Dgrantee or ealllrc tteheet or a libeltth her improvements <br /> of all s gram costs. <br /> vendee,as casea be, Pa y and <br /> Purchasers3. s all be obligated assesslents. pay their fair share of out-standing ). <br /> al <br /> b. uire n s <br /> l <br /> .1. Final approval e shall remain with City Council. <br /> lyeabeov od <br /> prove= t g <br /> olicy <br /> The Sectiontha <br /> t y.Council may waive anY prioir Dune Authority <br /> waivers n tsinn s <br /> City Council shall ocon v e y hall become erre <br /> c ive,the <br /> A. .The specific provision of this poliey which adherence <br /> proposed be waivep <br /> hat <br /> the <br /> isin <br /> B. effect cgwould The benefit chatwor y aurae eareaup of� V <br /> City engwavoer,D. The financial impact which will result C. <br /> 0i <br /> from <br /> developmentE. The <br /> 1ereasonn reom the vier,and <br /> F. aupon lternatives such <br /> alternatives were rejected. <br /> G. 1 that member <br /> Sectionln Reon p' <br /> mCommittee <br /> el�egta e <br /> SadThere is established a Reale <br /> herebyCommittee e following: Disposition and <br /> Negotiation +?: <br /> 1. Real 05 <br />.r 2. Mayor or his representative <br /> 3. Two members of citycouncil <br /> 5. City Attorney L <br /> I <br />