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existing caps and the performance-based, pay-as-you-go structure tied to generated tax increment, <br /> remain unchanged. <br /> PRIOR ACTION: Approval of Redevelopment Agreement with Merchant Street South LLC in <br /> May 2024: Ordinance No. 2024-63 "Ordinance Authorizing A TIF Redevelopment Agreement <br /> Between The City of Decatur and Merchant Street South, LLC" <br /> STAFF REFERENCE: Should the City Council have any questions, they may contact, Lacie <br /> Elzy at 542-3559 or lelzy(&,,decaturil.gov or Kyle Knott at 521-1919 or kknott@decaturil.gov. <br />