Laserfiche WebLink
Co., Illinois - S.S. by Mary A. Eaton, Recorder <br /> Book: 4033 Page: 882 <br /> 1.•7 Q�A C$ Receipt •: 27616 Recording Fee: 133.00 <br /> (7 IGrJ Pagee Recorded: 7 Authorized By: <br /> e Recorded: 11/30/2009 9:26:46 AM <br /> ORDINANCE NO. 2009-76 <br /> AN ORDINANCE APPROVING A REDEVELOPMENT AGREEMENT <br /> AMENDMENT BY AND BETWEEN THE CITY OF DECATUR, <br /> ILLINOIS AND IP PLAZA, LLC, IN CONNECTION WITH THE <br /> EASTGATE COMMONS REDEVELOPMENT PROJECT AREA <br /> WHEREAS, IP PLAZA, LLC, an Illinois limited liability company (the <br /> "Developer"), has submitted a proposal to the City of Decatur, Illinois (the "Municipality"), in <br /> connection with redevelopment of a part of the Municipality's Eastgate Commons <br /> Redevelopment Project Area (the "Redevelopment Project Area"), related to amending the <br /> existing Redevelopment Agreement dated November 6, 2006 (including all exhibits and <br /> attachments in connection therewith, and as amended by the First Amendment to Redevelopment <br /> Agreement (the "Amendment"), collectively the "Redevelopment Agreement") concerning <br /> redevelopment incentives and assistance related to the preservation, development and <br /> redevelopment of a part of the Redevelopment Project Area. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF <br /> THE CITY OF DECATUR, MACON COUNTY, ILLINOIS, as follows: <br /> Section L. Approval. The Amendment, in substantially the form thereof <br /> presented before the meeting of the City Council at which this ordinance is adopted, shall be and <br /> is hereby ratified, confirmed and approved, and the Mayor, City Manager and City Clerk are <br /> authorized to execute and deliver the Amendment for and on behalf of the Municipality; and <br />