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R2024-371 Resolution Authorizing Development Agreement between City of Decatur, Illinois and Stixon36 LLC
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R2024-371 Resolution Authorizing Development Agreement between City of Decatur, Illinois and Stixon36 LLC
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12/20/2024 10:49:59 AM
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12/20/2024 10:49:59 AM
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Resolution/Ordinance
Res Ord Num
R2024-371
Res Ord Title
R2024-371 Resolution Authorizing Development Agreement between City of Decatur, Illinois and Stixon36 LLC
Department
City Clerk
Approved Date
12/16/2024
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RESOLUTION NO. R2024 -3Y 7 <br /> RESOLUTION AUTHORIZING DEVELOPMENT AGREEMENT <br /> -CITY OF DECATUR,ILLINOIS- <br /> -STIXON36 LLC- <br /> 3645 US-36,DECATUR,ILLINOIS <br /> WHEREAS, the CITY OF DECATUR, ILLINOIS, an Illinois municipal corporation and <br /> body politic("City")is a unit of local government pursuant to Article VII, Section 6 of the Illinois <br /> Constitution of 1970; and, <br /> WHEREAS, Stixon36 LLC owns and operates a restaurant and entertainment <br /> establishment; and, <br /> WHEREAS, Stixon36 LLC has a Class G liquor license issued by the City and desires to <br /> obtain a Class V to allow video gaming; and, <br /> WHEREAS, Stixon36 LLC has entered into a Development Agreement with the City <br /> which will add to the economic development of the City. <br /> NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> DECATUR, ILLINOIS: <br /> Section 1. That the Development Agreement attached hereto and marked Exhibit A, <br /> between the City and Stixon36 LLC, shall be executed and approved. <br /> Section 2. That the City Manager and City Clerk or designees be, and they are hereby, <br /> authorized and directed to sign any necessary instruments to enter this agreement on behalf of <br /> the City. <br /> PRESENTED AND ADOPTED this 16`h day of December, 2024. <br /> JULIE MOORE WO FE <br /> 7EST- MAYOR <br /> IM ALT <br /> -ff W6f <br /> CITY CLERK <br />
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