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1. Developer's Obligations. Any developer and the developer's successors or <br />assigns within the plan area, in addition to the other controls and obligations stipulated <br />and required by the provisions of this plan, shall also be obligated by the following <br />requirements: <br />a. The Developer shall obtain necessary approvals of proposed <br />developments from all Federal, State, or local agencies that may have jurisdiction <br />on properties and facilities to be developed or redeveloped within the plan area; <br />b. The Developer shall develop or redevelop such property in accordance <br />with the adopted land use provisions; <br />C. The Developer shall submit all plans and specifications for construction of <br />improvements on the land to the Agency for review and distribution to <br />appropriate reviewing bodies as required by the City and shall comply with all <br />applicable requirements of existing City codes and ordinances; <br />d. The Developer shall commence and complete the development of such <br />property for the uses provided in this plan within a reasonable period of time; and <br />e. The Developer shall not effect or execute any agreement, lease, <br />conveyance, or other instrument whereby the real property or part thereof is <br />restricted in a manner that does not comply with Section 4.613 of the Eugene <br />Code, 1971. <br />H. REHABILITATION AND CONSERVATION <br />1. Intent. It is the intent of this Plan to encourage conservation and rehabilitation of <br />existing buildings which can be economically rehabilitated. Existing buildings in the plan <br />area are considered an important asset in maintaining and improving the economic and <br />cultural environment of the plan area. <br />2. Method. Rehabilitation and conservation may be achieved in two ways: <br />a. By owner and /or tenant activity, with or without financial assistance; <br />b. By the enforcement of existing City codes and ordinances. <br />3. Financial Building Rehabilitation Assistance. The Agency, with funds available to <br />it, may promulgate rules, guidelines and eligibility requirements for the purpose of <br />establishing below- market or market rate loan programs, grants, or other financial <br />incentives to advance the goals and objectives of the Central Eugene Urban Renewal <br />District Plan. Loans, grants or incentives provided by the Agency may be used for <br />voluntary rehabilitation of buildings, fagade improvements, provision of amenities on <br />private property in compliance with adopted design guidelines and standards, <br />Urban Renewal Plan For Central Eugene Adopted: September 13, 2004 11 <br />