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2013-37 APPROVING THE GRAND AVENUE TAX INCREMENT REDEVELOPMENT PLAN
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2013-37 APPROVING THE GRAND AVENUE TAX INCREMENT REDEVELOPMENT PLAN
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8/13/2015 2:35:25 PM
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8/13/2015 2:35:19 PM
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Resolution/Ordinance
Res Ord Num
2013-37
Res Ord Title
APPROVING THE GRAND AVENUE TAX INCREMENT REDEVELOPMENT PLAN
Department
Development Services
Approved Date
5/6/2013
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co <br /> W <br /> taxing bodies to the extent that this distribution of surplus does not impair the fiancial viability <br /> m of the proiect. One or more bond issues may be sold at any time in order to�implement this <br /> m Redevelopment Plan. <br /> tiU G. Completion of Redevelopment Project <br /> The estimated date for the proposed Redevelopment Project is three (3) years. <br /> s H. Fair Employment Practices and Affirmative Action <br /> 0 <br /> C4 <br /> The City of Decatur will insure that all private and public redevelopmept activities are <br /> constructed in accordance with fair employment practices and affirmative actio by any and all <br /> recipients of Tax Increment Financing assistance. <br /> SECTION X <br /> HOUSING IMPACT STUDY <br /> Since the redevelopment plan would result in the displacement of ten (1.0) opt more inhabited <br /> residential units, a Housing Impact Study is required pursuant to Section 3 of the Act. <br /> I <br /> SECTION XI <br /> REVIEWING AND AMENDING THE TIF PLANT <br /> This Redevelopment Plan may be amended in accordance with the provis ons of the Tax <br /> Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1, et sect. Als the City shall <br /> adhere to all reporting requirements and other statutory provisions. <br /> i <br /> I <br /> 31 <br /> i <br />
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