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RESOLUTION NO. Z — <br /> RESOLUTION AUTHORIZING A REDEVELOPMENT AGREEMENT WITH CCI <br /> PROPERTIES LLC <br /> WHEREAS,the City is a home rule unit of government,pursuant to Section 6 of Article VII <br /> of the Constitution of the State of Illinois, and as such has the authority to promote health, safety <br /> and welfare, including to prevent the spread of blight and deterioration and inadequate facilities <br /> by promoting private development through economic incentive agreements pertaining to its <br /> government and affairs, including the economic development of the City and the expansion of its <br /> tax base; and <br /> WHEREAS, much of subject area of this Redevelopment Agreement is not currently <br /> adaquately served by municipal water infrastructure; and <br /> WHEREAS,the property developer, CCI Properties LLC desires to have better access to <br /> public water, upon the terms and conditions provided with the attached Redevelopment <br /> Agreement; and <br /> WHEREAS, the City Council of the City of Decatur, after due consideration, has concluded <br /> that this RDA will serve the best interests of the City; and <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF DECATUR,ILLINOIS: <br /> Section 1. That the City Manager, or designee, is authorized to make minor modifications to <br /> Redevelopment Agreement with CCI Properties LLC with incentives as provided for in the <br /> attached draft of the RDA. <br /> Section 2. That the City Manager, or designee, is authorized to execute the RDA, upon <br /> satisfaction of legal review. <br /> Section 3. That City staff is hereby authorized to provide the reimbursement allowed for in <br /> this agreement pursuant to the terms and conditions contained there in. <br /> PRESENTED AND ADOPTED this 3`d day of O 2 22. <br /> Julie Moore Wolfe, May r <br /> ATTEST: <br /> Angela Harper, Deputy City Clerk <br />