2013-27 SETTING JUNE 3, 2013, AS THE PUBLIC HEARING DATE FOR THE PROPOSED SOUTHSIDE TIF TAX INCREMENT REDEVELOPMENT PLAN AND PROJECT

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I� ORDINANCE NO. 2013-27 I AN ORDINANCE OF THE CITY OF DECATUR,ILLINOIS SET ING JUNE 3,2013 AS THE PUBLIC HEARING DATE FOR THE PROPOSED SOUTHSIDE TIF TAX INCREMENT REDEVELOPMENT PLA AND PROJECT AND RELATED MATTERS WHEREAS, the City of Decatur, Illinois (the "City") is a municipal c rporation established pursuant to the Municipal Code of the State of Illinois and has jurisdiction over matters pertaining to its government and affairs; WHEREAS, the City,pursuant to the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1 et seq. (the "Act"), is contemplating the adoption o the Southside Redevelopment and Project Area(the"Area") (legal description is attached hereto) and the Southside TIF Tax Increment Redevelopment Plan and Project (The "Plan") and the establishment of Tax Increment Financing for the Area; WHEREAS, the City Council (the "Corporate Authorities") of the City, in the interest of due process, wishes to hold a public hearing after proper notice to all interested parties as required by the Act and to consider the adoption of the Area, the Plan and Tax Increment Financing after the City receives all public comment from all interested parties as required by the Act; and NOW,THEREFORE, BE IT HEREBY ORDAINED BY THE M YOR AND CITY COUNCIL OF THE CITY OF DECATUR, ILLINOIS THAT: 1. Pursuant to Section 5 of the Act, a public hearing concerning the ador tion of the Area, Plan and Tax Increment Financing shall be held on Monday, Jude 3, 2013 at 5:00 P.M. in the first floor meeting room of the Decatur Civic Center,! 1 Gary K. Anderson Plaza in Decatur, Illinois. 2. From and after the effective date of this Ordinance, the proper officer , agents and employees of the City are hereby authorized, empowered and directed to do all such acts, including the sending of appropriate notices as required by he Act, and � 1