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R2025-308 Resolution Authorizing Real Estate Purchase Agreement Between City of Decatur, Illinois and Garfield School Associates, LP for the Property Located at 1077 West Grand Ave Lot One of Garfield School Apartments Addition
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R2025-308 Resolution Authorizing Real Estate Purchase Agreement Between City of Decatur, Illinois and Garfield School Associates, LP for the Property Located at 1077 West Grand Ave Lot One of Garfield School Apartments Addition
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5/6/2026 8:44:05 AM
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5/6/2026 8:44:04 AM
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Resolution/Ordinance
Res Ord Num
R2025-308
Res Ord Title
R2025-308 Resolution Authorizing Real Estate Purchase Agreement Between City of Decatur, Illinois and Garfield School Associates, LP for the Property Located at 1077 West Grand Ave Lot One of Garfield School Apartments Addition
Department
Econ and Com Dev
Approved Date
12/1/2025
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11. Miscellaneous. <br /> a. This Contract shall be construed in accordance with the laws of the State of Illinois. <br /> b. If any provision of this Contract is held to be invalid, the remaining provisions of this <br /> Contract shall not be affected thereby,but shall continue in full force and effect. <br /> c. All notices, approvals and other communications required or permitted under the terms <br /> hereof shall be in writing and sent via U.S.mail and via email to the respective parties at the address <br /> and email addresses set forth as follows: <br /> If to Purchaser: Bywater Development Group LLC <br /> Attn: J. David Dodson, CEO <br /> 315 Lemay Ferry Rd.,#128 St. <br /> Louis,MO 63026 <br /> (314)808-2480 <br /> SOCAYR,Inc. <br /> Attn: Travis Yates, President <br /> 1244 S.4'"Street <br /> Louisville,KY 40203 <br /> (502)640-4159 <br /> With a copy to: Applegate&Thorne-Thomsen,P.C. <br /> Attn:Alexis Chemak <br /> 425 S.Financial Pl.,Ste 1900 Chicago,IL <br /> 60605 <br /> (312)491-4441 <br /> Vice Cox&Townsend,PLLC <br /> Attn:Bobby Vice <br /> 2303 River Rd.,Suite 301 <br /> Louisville,KY 40206 <br /> (502)290-6791 <br /> If to Seller: City of Decatur,Illinois <br /> Attn:City Manager <br /> One Gary K.Anderson Plaza <br /> Decatur,Illinois 62523 <br /> (217)424-2801 <br /> With a copy to: <br /> City of Decatur <br /> Corporation Counsel <br /> One Gary K. <br /> Anderson Plaza <br /> Decatur,IL 62523 <br /> (217)424-2807 <br /> 3 <br /> WA 13521814.3 <br />
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