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NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br /> DECATUR,MACON COUNTY, ILLINOIS, as follows: <br /> Section 1.Recitals Incorporated. The foregoing recitals are hereby incorporated into and <br /> made a part of this Ordinance as if fully set forth here. <br /> Section 2. Termination of the Project Redevelopment Area. Effective after December 31, <br /> 2021, the Southeast Plaza TIF District shall be terminated and shall no longer be designated as a <br /> redevelopment project area under the TIF Act. Effective after December 31, 2021, the Fund shall <br /> be dissolved. On or before December 31, 2021, any funds in the Fund may, pursuant to the terms <br /> of the TIF Act, be available for use, in the Southeast Plaza TIF District for the final payment of all <br /> redevelopment costs and the retirement of all obligations, in any contiguous tax increment <br /> financing district, or in any other manner as allowable under the TIF Act. <br /> Section 3. Certified Filing. Upon approval of this Ordinance, a certified copy thereof shall <br /> be filed with Macon County. Prior to November 1, 2021, a copy of this Ordinance shall be <br /> transmitted to any and all taxing districts that levy taxes upon any portion of the Southeast Plaza <br /> TIF District. <br /> Section 4.Severability. If any term,section,part,or provision of this Ordinance is declared <br /> unconstitutional or invalid by a court of competent jurisdiction, then it is expressly provided, and <br /> it is the intention of the City Council in passing this Ordinance that its parts shall be severable and <br /> all other parts of this Ordinance shall not be affected thereby and they shall remain in full force <br /> and effect. <br /> Section 5.Effective Date.This Ordinance shall be in full force and effect immediately upon <br /> its passage,approval and publication in this pamphlet form which is hereby authorized,as provided <br /> by law. <br /> PRESENTED, PASSED, APPROVED AND RECORDED this 4`h day of October, 2021. <br /> —� JULIE MOORE WOLFE, MAYOR <br /> CITY CL RK <br /> PUBLISHED this day off�--, 2021. <br /> KIMIALTHOFF, CITY CLERK <br />