R2024-72 Resolution Approving an Intergovernmental Agreement between the City of Decatur and Decatur Public School District #61 for Repurposing of the Garfield School Site

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i INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF DECATUR, ILLINOIS AND DECATUR PUBLIC SCHOOLS DISTRICT 61 THIS INTERGOVERNMENTAL AGREEMENT is entered into between the Board of Education of Decatur Public School District No. 61 (hereinafter"District"or"School District"), and the City of Decatur, Illinois, an Illinois municipal corporation (hereinafter"City"). WHEREAS, the District is the owner of tracts of real estate, generally described as 1077 W. Grand Street, Decatur, Illinois as shown on the map attached hereto as Exhibit A and incorporated herein by reference, and more particularly described as follows: The West ''/z of the SW '/4 (Exc. The North 30 feet for Street and W 30 feet for Street) of Lots 3 & 4; A tract measuring 611.7 feet X 610.83 feet. PIN Number 04-12-10-301-001. Situated in Macon County, Illinois. ("Premises"),(legal description on Seller's title to govern). on which is located a former school building,school site and adjoining green space,last commonly known and used as an elementary school that has been permanently removed from the District's building inventory (hereinafter"Property"); and, WHEREAS, the City seeks to own the Property for redevelopment of the Property to be used as senior living apartments or other appropriate development("Project"); and, WHEREAS, the City is seeking to secure necessary and required funding and tax credits from the Illinois Housing Development Authority("IHDA") for the Project; and, WHEREAS,the City and the District agree that should the City fail to secure funding and tax credits from IHDA, and the City be unable to redevelop the Property, the Premises will be demolished; and, WHEREAS,the District is desirous of transferring the Property to the City and in assisting the City with the financial expense of the demolition of the structure located at 1077 W. Grand St. should it not be redeveloped.; and, WHEREAS, prior to the District transferring the Property to the City, the City will adopt an Ordinance Authorizing Acceptance of the Property for a Public Purpose in compliance with the Local Governmental Transfer Act, 50 ILCS 605/1 et. seq.; and, WHEREAS, it is in the public interest to maximize the efficient use of District and City properties; and WHEREAS, District and City have the authority to enter this Agreement in the manner set forth herein pursuant to Section 10 of Article VII of the Constitution of the State of Illinois,the Illinois Intergovernmental Cooperation Act (5 ILCS 220/1 et. Seq.), and the Illinois Local Government Property Transfer Act (50 ILCS 605/1 et. Seq.). EXHIBIT A