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R2009-236 AUTHORIZING REDEVELOPMENT AGREEMENT Pines Shopping Center
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R2009-236 AUTHORIZING REDEVELOPMENT AGREEMENT Pines Shopping Center
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Last modified
10/12/2015 3:45:04 PM
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10/12/2015 3:45:01 PM
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Resolution/Ordinance
Res Ord Num
R2009-236
Res Ord Title
AUTHORIZING REDEVELOPMENT AGREEMENT NEIMANN HOLDINGS, LLC PINES SHOPPING CENTER
Approved Date
11/30/2009
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• ! <br /> ' t' '� „ <br /> 1'791C 40 <br /> Exhibit 4 <br /> Co„ Illinoir - S.S, by Mary A. Eaton, Rocord�r <br /> Book: 4053 Page: 934 <br /> R�c�ipt �: 29Bq2 R�cording F�r 131,00 <br /> P�g�� R�cord�d: S Authoriz�d By:VyrM,,,n c_� <br /> ..�..�:�s.� <br /> te Recorded: 3/23/2010 8:3619 AM <br /> Prepared By: I IIIIII IIIII IIIII IIIII(IIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIII)IIIII IIII IIII <br /> Jack B. Teplitz <br /> Jack B.Teplitz&Associates <br /> 331 Fulton St., Ste. 525 <br /> Peoria,Illinois 61602 <br /> After recording return to: <br /> Wendy Morthland <br /> Corporation Counsel <br /> City af Decatur <br /> DECLARATION OF COVENANTS.USES AND RESTRICTIONS <br /> �f�_r�r�n n ,���Id��ir5 ,�nt�o�s t��r���ed, f��sh�1,t�i �' � ��ne <br /> "Declarant"), is the owner of�real property located in the City of Decatur,�he County of Macon, <br /> the State of Illinois,more fully described in Exhibit A attached hereto and made a part hereof(the <br /> "Project Site"). <br /> The Declarant has entered into the City of Decatur/Pines Shopping Center Redevelopment <br /> Agreement(the "Agreement")dated as of �p f 3(� ,2009,with the City of Decatur(the"City"). <br /> The Agreement provides that the Declarant shall develop a project as described in the Agreement(the <br /> "Project")on the Project Site,which Project will further the development of the City of Decatur,Illinois <br /> Pines Shopping Center Tax Increment Redevelopment Plan adopted by the City �'� ](, ,2010 <br /> (the"Plan"). The Plan was recorded with the Macon County Recorder on��{�9 ;2010 as <br /> Document No.����. For the purpose of enhancing and protecting the value,the attractiveness and <br /> the desirability of the Project as developed pursuant to the terms of the Agreement; for the purpose of <br /> protecting the rights of the City pursuant to the terms of the Aereement;and for the nur�nse of enh�.*:c�ng <br /> and protecting the purposes of the Plan as aforementioned,the Declarant hereby declares that all of the <br /> Project and Project Site and each part thereof shall be held, sold,and conveyed only subject to the <br /> following covenants,uses and restrictions,which sha11 constitute covenants running with the land and <br /> shall be binding on all parties having any rights,title or interest in said property or any part thereof,their <br /> heirs,successors and assigns,and shall inure to the benefit of each owner thereof. <br /> 1. The Project Site and the Project shall be subject to the Agreement and the terms, covenants, <br /> building and use restrictions, and conditions in the Plan. <br /> 2. The Declarant agrees that the Declarant shall not discriminate in violation of all applicable <br /> federal, state or local laws or regulations upon the basis of race,color,religion,sex,age,national origin or <br /> other applicable factors in the sale, lease or rental or in the use or occupancy of the Project Site or Project <br /> or any part thereof. <br />' City of Decatur/Pines Shopping Center Redevelopment Agreement 30 <br />
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