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R2013-91 AUTHORIZING EXECUTION OF THE REDEVELOPMENT AGREEMENT PREVIOUSLY RECEIVED AND PLACED ON FILE Southside
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R2013-91 AUTHORIZING EXECUTION OF THE REDEVELOPMENT AGREEMENT PREVIOUSLY RECEIVED AND PLACED ON FILE Southside
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Last modified
7/30/2025 11:58:31 AM
Creation date
8/17/2015 8:59:12 AM
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Resolution/Ordinance
Res Ord Num
R2013-91
Res Ord Title
AUTHORIZING EXECUTION OF THE REDEVELOPMENT AGREEMENT PREVIOUSLY RECEIVED AND PLACED ON FILE - SOUTHSIDE REDEVELOPMENT PROJECT AREA - POLICE FACILITY
Department
Police
Approved Date
9/3/2013
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(a) The Construction Plans are not accepted within the required time frames pursuant <br /> to Section 2.8 above; and <br /> (b) Any Event of Default by the Redeveloper is not cured within the time frame set <br /> forth in Article X above. <br /> 11.2 Termination by the Redeveloper. The Redeveloper has the right to terminate all or part <br /> of this Agreement upon ten (10) days prior written notice to the City if any Event of <br /> Default by the City is not cured within the time frame set forth in Article X above. <br /> ARTICLE XII: REPRESENTATIONS OF THE REDEVELOPER <br /> The Redeveloper represents, warrants and agrees as the basis for the undertakings on its part <br /> herein contained that: <br /> 12.1 Redeveloper. The Redeveloper is an Illinois limited liability company, in good standing <br /> to do business in the State of Illinois, and is, located at 100 S. Nater St., Suite 101, <br /> Decatur, Illinois 6223. <br /> 12.2 Authorization. The Redeveloper has power to enter into, and by proper action has been <br /> duly authorized to execute,deliver and perform this Agreement. <br /> 12.3 Non-Conflict or Breach. Neither the execution and delivery of this Agreement, nor the <br /> consummation of the transactions contemplated hereby, nor the fulfillment of or <br /> compliance with the terms and conditions of this Agreement, conflicts with or results in a <br /> breach of any of the terms, conditions or provisions of any restriction, agreement or <br /> instrument to which the Redeveloper is now a party or by which the Redeveloper is <br /> bound. <br /> 12.4 Pending Lawsuits. There are no lawsuits either pending or threatened that would affect <br /> the ability of the Redeveloper to proceed with the construction and development of the <br /> Police Facility or the Street Improvements on the Police Facility Site. <br /> 12.5 Conformance with Requirements. That the Plans and Specifications and construction <br /> of the Police Facility and the Street Improvements in accordance with the Plans and <br /> Specifications will in all respects conform to and comply with all covenants, conditions, <br /> restrictions, zoning ordinances, environmental regulations and land use regulations <br /> affecting the Police Facility and the Police Facility Site. <br /> 12.6 Construction Monitor. That it will cooperate and facilitate the activities of the <br /> Construction Monitor and any other consultants retained by the City with regard to the <br /> design and construction of the Police Facility and the Street Improvements. <br /> ARTICLE XIII: REPRESENTATIONS OF THE CITY <br /> The City represents, warrants and agrees as a basis for the undertakings on its part contained <br /> herein that: <br /> 13.1 Organization and Authorization. The City is a municipal corporation organized and <br /> existing under the laws of the state of Illinois, and has the power to enter into and by <br /> proper action has been duly authorized to execute, deliver and perform this Agreement. <br /> 19 <br />
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