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R2013-42 AUTHORIZING GRAND AVENUE TIF REDEVELOPMENT AGREEMENT
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R2013-42 AUTHORIZING GRAND AVENUE TIF REDEVELOPMENT AGREEMENT
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8/18/2015 2:04:30 PM
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Resolution/Ordinance
Res Ord Num
R2013-42
Res Ord Title
AUTHORIZING GRAND AVENUE TIF REDEVELOPMENT AGREEMENT NIEMANN HOLDINGS, LLC
Approved Date
5/6/2013
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Book: 4362 Page: 164 <br /> the City: with copies to: <br /> City Clerk Assistant City Manager for Development Services <br /> 1 Gary K. Anderson Plz. 1 Gary K. Anderson Plaza <br /> Decatur, IL 62523 Decatur, IL 62523 <br /> Corporation Counsel <br /> 1 Gary K. Anderson Plaza <br /> Decatur, IL 62523 <br /> the Redeveloper: with a copy to: <br /> Niemann Holdings, LLC Schmiedeskamp, Robertson,Neu& <br /> Attn: Richard Niemann Jr. Mitchell, LLP <br /> 1501 N. 12" St. Attn. Ted M.Niemann <br /> P.O. Box C-847 525 Jersey St. <br /> Quincy, IL 62306-2847 P.O. Box 1069Quincy, IL 62306 <br /> or to the last known address of either party or to the address provided by any <br /> assignee if such address has been given in writing. In the event said notice is <br /> mailed, the date of service of such notice shall be deemed to be two (2) business <br /> days after the date of delivery of said notice to the United States Post Office. <br /> 16.7 Severability. If any provision of this Agreement is held to be invalid, the <br /> remainder of this Agreement shall not be affected thereby. <br /> 16.8 Project Sign. Prior to commencement of construction of the Project, the <br /> Redeveloper shall place at the front of the Project a Project identification sign <br /> which sign shall contain the following: <br /> (a) A colored elevation view of the Project being constructed; <br /> (b) A listing of the Project team including the City; and <br /> (c) A brief two (2) or three (3) line description of the Project. <br /> 16.9 Memorandum of Agreement. At either party's request, the parties shall execute <br /> and record a Memorandum of Agreement with respect to the Project and the <br /> Project Site in the form attached as Exhibit 5. <br /> 16.10 Further Assistance and Corrective Instruments. The City and the Redeveloper <br /> agree that they will, from time to time, execute, acknowledge and deliver, or <br /> cause to be executed, acknowledged and delivered, such supplements hereto and <br /> such further instruments as may reasonably be required by the parties hereto for <br /> carrying out the intention of or facilitating the performance of this Agreement. <br /> City of Decatur/Grand Avenue TIF Project 21 <br />
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