R2014-139 AUTHORIZING INTERGOVERNMENTAL AGREEMENT Decatur Macon County Enterprise Zone

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Illinois Municipal Code, and said redevelopment project area contains property that is located in an enterprise zone, and the municipality adopts an enterprise zone designating ordinance pursuant to Section 5.4 of the Act specifically concerning the abatement of taxes on property, as above, located within a redevelopment project area created pursuant to Division 74.4 of the Illinois Municipal Code, and the Department certifies the Ordinance, then the property that is located in both the enterprise zone and the redevelopment project area shall not be eligible for the abatement of taxes under Section 18-170 of the Illinois Property Tax Code. SECTION XI— LOCAL SOURCING STATEMENT. In addition to Section III F above,the Designating Units of Government encourage companies receiving Enterprise Zone benefits, as provided herein,to utilize local labor and to purchase building materials locally. SECTION XII—EFFECTIVE DATE. This Agreement shall be in effect from the date of and after its passage, approval and recording and upon certification of the new Enterprise Zone designation by the Illinois Department of Commerce and Economic Opportunity, according to law. Failure to receive certification of the Zone by the Department will render this Agreement null and void. SECTION XIII—COMPLIANCE WITH OTHER LAWS. Neither the passage of this Agreement nor the establishment of an Enterprise Zone shall excuse compliance with other applicable laws, ordinances or regulations, unless expressly superseded by the Agreement or the Enterprise Zone Act. Any development undertaken pursuant to the creation of the Enterprise Zone shall be performed in full compliance with all applicable laws and processes. SECTION XIV—REASONABLE ACTION. For matters related to the operation, amendment or modification of the Decatur Macon County Enterprise Zone which will result in job creation, retention or capital investment within the boundaries or proposed boundaries of the Zone that, by statute, require the approval of the Designating Units of Government, the parties of this Intergovernmental Agreement stipulate and concur that said approval shall not be unreasonably withheld by any of said Designating Units of Government. This agreement is made as of year and day first above written. --1 .1 f' City f c ur County of By: By: May r ounty Board Chairman Village of Mt. Zion Village of Forsyth By:_OLOl.O� By: A?Vagd ali�� Mayor Mayor Village of Long Creek B /��`' Jc Preside