R2013-42 AUTHORIZING GRAND AVENUE TIF REDEVELOPMENT AGREEMENT

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Book: 4362 Page: 167 EXHIBIT 1 Project A: General Narrative Description of Project—Developer will construct at its expense a new shopping center containing approximately 38,000 square feet consisting of a new County Market grocery store, associated C-Store and other retail uses. Project shall include all associated public infrastructure improvements and improvements to Leafland Avenue, Oakland Avenue and Illinois Route 48, if required. B. Project Site Perimeter legal PARCEL 1 All OF LOTS 10, 11, AND 12 AND THAT PART OF LOTS 5, 6, 7, 8, 9, 13, 14, 15 AND 16 IN BLOCK 1 OFHILL'S SECOND ADDITION OF OUTLOTS TO THE CITY OF DECATUR, ILLINOIS LYING SOUTH AND EAST OF THE SOUTHEASTERLY RIGHT OF WAY LINE OF S.B.I. ROUTE 48, SECTION 130 R; DESCRIBED MORE PARTCULARLY AS FOLLOWS: BEGINNING AT AN IRON PIPE MARKING THE SOUTHEAST CORNER OF THE AFOREMENTIONED BLOCK 1, THENCE SOUTH 89 DEGREES 59 MINUTES 12 SECONDS WEST ALONG THE NORTH LINE OF WEST LEAFLAND AVENUE A DISTANCE OF 271.68 FEET TO AN IRON PIPE MARKING THE SOUTHWEST CORNER OF BLOCK 1, THENCE NORTH O1 DEGREES 29 MINUTES 27 SECONDS EAST ALONG THE EAST LINE OF UNIVERSITY AVENUE A DISTANCE OF 24.48 FEET TO AN IRON PIN ON THE SOUTHEAST RIGHT OF WAY LINE OF S.B.I. ROUTE 48, THENCE NORTH 44 DEGREES 03 MINUTES 02 SECONDS EAST ALONG SAID RIGHT OF WAY LINE A DISTANCE OF 154.25 FEET TO AN IRON PIPE THENCE NORTH 39 DEGREES 42 MINUTES 59 SECONDS EAST ALONG SAID RIGHT OF WAY LINE A DISTANCE OF 52.16 FEET TO A CHISELED X IN CONCRETE; THENCE NORTH 43 DEGREES 28 MINUTES 19 SECONDS EAST ALONG SAID RIGHT OF WAY LINE A DISTANCE OF 203.70 FEET TO AN IRON PIN ON THE WEST LINE OF HILL STREET, THENCE SOUTH O1 DEGREES 42 MINUTES 51 SECONDS WEST ALONG SAID WEST LINE A DISTANCE OF 323.36 FEET TO THE POINT OF BEGINNING. SAID PARCEL CONTAINS 1.082 ACRES, MORE OR LESS. ALL IN THE CITY OF DECATUR,COUNTY OF MACON, STATE OF ILLINOIS. BASIS OF BEARING IS ASSUMED SOUTH 89 DEGREES 59 MINUTES 12 SECONDS WEST ALONG THE NORTH LINE OF LEAFLAND A VENUE. PARCEL 2 All OF LOTS 1 AND 2 IN BLOCK 13 IN HILL'S SECOND ADDITION OF OUTLOTS TO THE CITY OF DECATUR AND ALL OF LOTS 1 THRU 9 IN COUNTY CLERKS SUBDIVISION OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 9, TOWNSHIP 16 NORTH, RANGE 2 EAST OF THE THIRD PRINCIPAL MERIDIAN EXCEPT THAT PART OF LOTS 1 AND 3 CONVEYED FOR RIGHT Of WAY; City of Decatur/Grand Avenue TIF Project 24