Laserfiche WebLink
a (B) that the Project will serve to further the development of adjacent areas; <br /> m <br /> M <br /> CL (C)that without this Agreement's economic incentive features, the Project will not <br /> N have been possible; <br /> N <br /> 4 (D)that the Redeveloper who is a party to this Agreement, meets high standards of <br /> u creditworthiness and financial strength as demonstrated by: specific evidence of <br /> s equity financing for not less than 10%of the total project costs or by a letter from a <br /> c lender having more than Ten Million ($10,000,000) Dollars in assets attesting to the <br /> ?� financial strength of the Redeveloper; <br /> (E)that the Project, will strengthen the commercial sector of the City; <br /> F that the Project,will enhance the tax base of the Cit • and <br /> O J Y� <br /> (G) that this Agreements economic incentive agreement feature is made in the best <br /> interest of the City. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Agreement and caused their <br /> respective seals to be affixed and attested thereto as of the date first above written. <br /> CITY Oyl DECATUR HARRISON MANAGEMENT GROUP LLC, an <br /> an I1 "n municipal potation / Illinois 'mited 'ability Company <br /> 1ByJ/i/Y/ B <br /> is ael . M E o J n Har iso <br /> Mayor of Decatur A ent <br /> Attest: <br /> y: <br /> a Swart <br /> City Clerk <br /> City of Decatur/Harrison Management Group LLC Redevelopment Agreement 23 <br />