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Book: 1-1t599 Page: 33101
<br /> are hereby acknowledged,the parties hereto, intending to be legally bound,hereby covenant and agree as
<br /> follows:
<br /> ARTICLE I:DEFINITIONS
<br /> "Applicable Law" means all laws,statutes,acts,ordinances,rules,regulations,permits, licenses,
<br /> authorizations, directives, orders and requirements of all Governmental Authorities, that now or
<br /> hereafter during the term of this Agreement may be applicable to the City,the Redeveloper,and/or
<br /> the Project, and the construction, maintenance, use and operation thereof, including those relating
<br /> to employees, zoning, building, health, safety, Hazardous Materials, and accessibility of public
<br /> facilities.
<br /> "Exterior Facade" means the architectural character, general composition and general
<br /> arrangements of the exterior of the Project,and the adjacent plazas and pedestrian areas, including
<br /> the kind,color and texture of the building material and the type and character of all windows,doors,
<br /> light fixtures, signs and appurtenant elements,visible from public streets and thoroughfares.
<br /> "Final Site Plan"means the final plan for the Project which sets forth the limits of the work to be
<br /> done,the building locations,ingress and egress,loading areas,parking,if any,landscaping,signage
<br /> and adjoining streets including one or more elevations or sketches showing the exterior features
<br /> and designs of all the buildings or structures.
<br /> "Preliminary Plans"means plans and drawings,including a Preliminary Site Plan for the Project
<br /> which are preliminary to the Construction Plans, which plans and drawings include but are not
<br /> limited to the limits of the work to be done,the location of buildings and all auxiliary structures,
<br /> ingress and egress, loading areas, parking, if any, proposed signage, landscaping and one or more
<br /> elevations showing the Exterior Architectural Appearance of the Project or any phase thereof
<br /> "Preliminary Site Plan"means the site layout for the Project including parking,if any,buildings,
<br /> ingress and egress, pedestrian and vehicular circulation, utilities, grading, storm water detention,
<br /> landscaping and service areas,and all proposed dedications and easements.
<br /> "Project" means the business located at 288 North Park St. (street level) Decatur, Illinois to
<br /> be developed and constructed by the Redeveloper as more fully on described on Exhibit I
<br /> attached hereto and made a part hereof.
<br /> "Project Revenues" means for a calendar year an amount equal to the sales tax transferred
<br /> by the State of Illinois Department of Revenue to the City as confirmed by the Illinois
<br /> Department of Revenue that has been collected from the retail operation of Liaison Home
<br /> Automation, LLC. at the project site.
<br /> "Project Site" means the real property to be utilized for the Project as more fully shown on
<br /> Exhibit 1 attached hereto and made a part hereof.
<br /> "Public Investment"means the rebate of Sales Tax Increment actually received by the City in the
<br /> manner provided in Article W of this Agreement.
<br /> "Redevelopment Area"means 288 North Park Street(street level),Decatur IL 62523
<br /> City of Decatur/LIAISON HOME AUTOMATION,LLC 5
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