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t0 <br /> a <br /> QI <br /> (6 EXHIBIT 1 <br /> CL <br /> V) PROJECT DESCRIPTION <br /> in <br /> G A. GENERAL NARRATIVE DESCRIPTION OF REDEVELOPMENT PROJECT: <br /> Developer will construct at its expense a new 35,255 shopping center on Lot Two <br /> (2) of Mound Center.The center will include a new 19,750 Square Foot Ashley <br /> Furniture store, a 3450 Square Foot Mattress store, 6400 square feet of yet to be <br /> determined businesses and a stock room of 5,655 square feet; these sizes are <br /> approximate and are not exact.The Mound Center site is 18.10 acres and is <br /> currently improved with a Target retail store on the west side of the site,a mixed <br /> tenant building including Starbucks on the north side and an Olive Garden to the <br /> east. The site was rezoned to B-3 Planned Shopping Center District in April 2003 to <br /> allow for retail development.The subject property, Lot Two (2) of Mound Center, is <br /> 3.43 acres and is currently unimproved. <br /> B. LEGAL DESCRIPTION: Lot 2 of Mound Center per the plat recorded in Book 1832 <br /> at Page 832 as Document No. 1647492 in the Macon County, Illinois Recorder's <br /> Office, including Seller's rights, title and interest in adjacent streets and all rights- <br /> of-way and easements benefiting the land <br /> Parcel Number: Parcel number: 07-07-34-226-012 <br /> City of Decatur/Harrison Management Group LLC Redevelopment Agreement 25 <br />