R2014-04 AUTHORIZING CITY OF DECATUR / HARRISON MANAGEMENT GROUP LLC REDEVELOPMENT AGREEMENT

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N rt N d John Harrison CHarrison Management Group LLC 1401 E. Eldorado St. Decatur, IL 62521 �n >n 4 or to the last known address of either party or to the address provided by any assignee if is such address has been given in writing. In the event said notice is mailed, the date of aservice of such notice shall be deemed to be two (2) business days after the date of delivery of said notice to the United States Post Office. 15.7 Severability. If any section, subsection, term or provision of this Agreement or the application thereof to any party or circumstance shall, to any extent, be held to be invalid or unenforceable, the remainder of such section, subsection, term or provision of this Agreement or the application of same to parties or circumstances other than those to which it is held invalid or unenforceable, shall not be affected thereby. 15.8 Project Sign. Prior to commencement of construction of the Project or any phase thereof, the Redeveloper shall place at the front of the Project or any phase thereof a Project identification sign which sign shall contain the following: (a) A colored elevation view of the Project or any phase thereof being constructed; (b) A listing of the Project team including the City; and (c) A brief two(2)or three(3) line description of the Project. 15.9 Memorandum of Agreement. At either party's request, the parties shall execute and record a Memorandum of Agreement with respect to the Project and the Project Site in the form attached as Exhibit 4. 15.10 Further Assistance and Corrective Instruments. The City and the Redeveloper agree that they will, from time to time, execute, acknowledge and deliver, or cause to be executed, acknowledged and delivered, such supplements hereto and such further instruments as may reasonably be required by the parties hereto for carrying out the intention of or facilitating the performance of this Agreement. 15.11 No Joint Venture, Agency, or Partnership Created. Neither anything in this Agreement nor any acts of the City and/or the Redeveloper under this Agreement shall be construed by the parties or any third person to create the relatioZnt hip of a partnership, agency, or joint venture between them. No covenant or agree contained in this Agreement shall be deemed to be the covenant or agreement of any official, officer, agent, employee or attorney of the City, in his or her individual capacity, and neither the members of the Corporate Authorities nor any other official or employee of the City shall be liable personally under this Agreement or be subject to any personal liability or accountability by reason of or in connection with or arising out of the execution, delivery and performance of this Agreement, or any failure in that connection. City of Decatur/Harrison Management Group LLC Redevelopment Agreement 21