R2009-236 AUTHORIZING REDEVELOPMENT AGREEMENT Pines Shopping Center

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� co t�+ p� the Redeveloper: N�ith a copy to: � Niemann Holdings, LLC Schmiedeskamp, Robertson,Neu � Attn: Richard H.Niemann,Jr. &Mitchell LLP ` PO Box C-847 Attn: Ted M. Niemann �j Quincy, IL 62306-2847 525 Jersey St. m PO Box 1069 � Quincy, IL 62306 o. � � or to the last known address of either parly or to the address provided by any assignee if � such address has been given in writing. In the event said notice is mailed, the date of � service of such notice shall be deemed to be two (2) business days after the date of delivery of said notice to the United States Post Office. 16.7 Severability. If any provision of this Agreement is held to be invalid, the remainder of this Agreement shall not be affected thereby. 16.8 Project Sign. Prior to commencement of construction of the Project or any phase thereof, the Redeveloper shall place at the front of the Project or any phase thereof a Project identification sign which sign shall contain the following: (a) A colored elevation view of the Project or any phase thereof being constructed; (b) A listing of the Project team including the City; and (c) A brief two(2)or three(3)line description of the Project. 16.9 Memorandum of Agreement. At either party's request, the parties shall execute and record a Memorandum of Agreement with respect to the Project and the Project Site in the form attached as Exhibit 5. 16.10 Further Assistance and Corrective Instruments. The City and the Redeveloper agree that they will, from time to time, execute, acknowledge and deliver, or cause to be executed, acknowledged and delivered, such supplements hereto and such further instruments as may reasonably be required by the parties hereto for carrying out the intention of or facilitating the performance of this Agreement. City of Decatur/Pines Shopping Center Redevelopment Agreement 19