Urban Renewal Plan 1965 - Laserfiche WebLink

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great danger or hazard to human life. vi. The uses herein permitted shall terminate (1) when the structures thereon are damaged or destroyed by any cause whatever to an extent greater than 60 %v of the then appraised market value .thereof, or (2) when the structures thereon become, in the opinion of the Agency based on independent appraisal thereof, obsolescent by reason of physical deterioration or functional or economic obsolescence, or (3) when existing uses are abandoned thereon. No existing structure shall be extended or enlarged. An existing structure may be remod- elled only after abtaining the written consent of the Agency. vii. Upon cessation or discontinuance of present uses thereon, the proper- ties shall be devoted only for the land uses prescribed in C -2 -a (2) for open areas. (3) Open Area Use at Developer's Risk; Indemni All persons acquiring sites in open areas for development thereof in permit- ted uses, including owners qualifying for retention or repurchase of "non -con- forming uses, t' shall use, develop, operate and maintain such property at their own risk,and every disposal document conveying, transferring or other- wise affecting such property shall require that the developer, grantee or transferee thereof shall indemnify and save harmless the Agency against all claims, actions or demands for loss, damage, injury or loss of life or pro- perty caused or inflicted by any flooding or inundation of open areas by future seismic waves. (4) Land Uses in Open Areas after Protective Control Measures Adopted. If or when certain protective control measures such as sea -wall or embank- ments or breakwater are installed or constructed which would materially limit, reduce or eliminate loss, injury or damage to persons or property in open arenas, the Agency may redesignate permissible uses in open areas in accordance with any uses permitted by this Renewal Plan and which are consistent with the degree of protection afforded by the measures adopted or installed. (5) Prohibition A inst Residential Uses. No residential uses, of any kind, including single- family residential or multi- ple apartment residential, shall be continued or permitted in any part of the Project Area, whether elevated or otherwise, daring the effective covenant period for this project, but the foregoing prohibition shall not affect nor pre- clude hotel, motel or other transient residential or housing facilities from being located in elevated areas within the project. -7-