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.. . . .. Boot�: 459�-�Ra�c:•�7� •-- ... <br /> AMENDMENT <br /> THIS AMCNDNi�NT("Amendment"}is entered into this �� day of ��' .20I7 <br /> between the CITY OF DECATUR,an Illinois municipa!corporation(het�ina#ttesrr refetmed to as the"Cit}+"}and <br /> MDA PROPERTIES,LLC,an lllinois Lirnited Liabitity Corporation,(herein refetred to as the"Developer"). <br /> WHrREAS,the City and Developer entered into an AgreemeM dated April 17,2017 regarding <br /> property in Deca#ur,IIlinois as mora particularly described in the agreement;and <br /> WHEIiEAS,Ttte Developer has alteady completed a subscantial number of projects as rcquired in#he <br /> agreement and during planning far said work,realized that there are opportunities to add additional residentiai <br /> and commeraiat development to the project in additIan to wha.t is being required;and <br /> WHER.�'.AB,in order to facilitata the additIonal developrnent,the City and the Developer desire to <br /> amend certain terms and canditions in the agreernent ss provided in this Amendmen� <br /> NOW,THCREFORE,in consideration of the promises and mutual cavenants and obligations of the <br /> partias contained in the agreement,aad other good and valuable consideration,the receipt and suffiiciency <br /> whereof are hereby acknowledged,the parties hereto,intend'mg to be legally bound,hereby covenant and agree <br /> as foliows: <br /> 1. The pariods to satisfy or waive the conditions describetl in Paragraphs 1,2,3,4 arni 5 are extended s� <br /> that they shatl now expire on August 31�2018. <br /> 2. All capitafized terms in this Amendment shall have the meaning given to them in the Contract,unless <br /> given a different meaning ln thls Amendment. <br /> 3, As modi�ied above,all of the remainder of the Contract is ratified and confirmed and remains in full <br /> force and effeck <br /> Il�l'WITNE3S'E'S'.HER�OF,the parties hereto have executed this Agreemetrt and aaused their respective <br /> seals ta be affixed and attested thereto as of the date ffrst above written. <br /> CTTY OF DECATUR,ILLINOXS, <br /> an Illin ' nicipal corporation <br /> B <br /> Ju' oore Wolfe, yor-City of ecatur <br /> ATT�ST: . <br /> ., <br /> Debra Bright,C' Clerk <br /> MA1N PLACE PROk'BRTIES <br /> an Illinois Lit�ited T,iability panY <br /> By:-.���--'" __.. . <br /> Its <br /> +�, �� <br /> z������ <br /> Page 185 of 290 <br />