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�:t cp�k : _.`_'� � �''�g e ; :�f�=. <br /> I <br /> I <br /> With Copy to: With Copy to: <br /> Edward F'. Fiy�r_rl City of Decatur <br /> Attorney at La��v A�tn: City''�Attorney <br /> 22.5 North Water Street, 2"d Fl. #1 Gary K'. Anderson Plaza <br /> Decatur, IL fi2�23 Decatur, I�, 62523-1196 <br /> 'Tel: (217) 429-�4�3 / Fax: 425-8892 Tel: {217)j424-2807 / Fax: 424-2732 <br /> L-mail: efly.rm(�c�famil}--net.net E-mail: wrporthland(�decaturnet.or� <br /> � <br /> l6. SL'CCESSORS IN INTEREST I <br /> Subject to the provisions of Sectian 11 above, this Agreemen shall be binding upon and <br /> inure to the benetit of the parties hereto and i?s respective successors nd assigns. <br /> 17. NO JOINT VENTURE, AGENCY, OR PARTNERS IP CREATED <br /> Neither ani�thin� in this Agreerraent nor any acts of the parties to this Agreement �hall be <br /> construed by tlie parties or any third person to create the relationship f a partnership, agc,�sn�;y, or <br /> joint venture bct���een or among such parties. � <br />� l 8. DP�i.Fl�i��'ION OF TERMS �,�°�� <br /> :°�,�y tern�s ��-hic1. are not detintd in Ihis Agreen�ent �hGll ha�� - the satne meaning, ��,, thf:y <br /> :io i!. ihca .Mct, unl�ss �naicated to the contrary. <br /> 19. "rER!�� OF �'HF. AGREEMENT <br /> Subject ta ih� ;ime limitation af 20 years for "obligati ns'� under th� .�ci, this <br /> Agreement shall expire u��m the expiration of the Redevelopment Pl n and the Redevelepment � �� <br /> Projeet Area. The Kedevelopment Plan shall have the �na�:imum ter permitted by law at the <br /> time of its adoption o� ariy extension pennitted by law here�fter. lf is; R�development Plan is <br /> schc;duled to ternziiiatz prioi• to patiment of all Eligible Redevelopm nt Project Costs, the City <br /> agrees at the Developer's request, cost and expense to take all steps n cessary to extend the term <br /> of the Redevelopment Plan for a timc period sufficient to allow epayment of all Eligible <br /> Redevelopment Project Costs to the Developer and the term of this A r�eeinent shal3 6e extended <br /> for a corresponding period of time as allowed under the Act. <br /> 2U. EX�IIBITS '� <br /> � <br /> �1.11 Exhibits attached hei•eto are dec;ared to be a part of' this Agreer�ient and are incor�orated <br /> hecein b�� this reference. ' <br /> 21. NO REC(DI2DA,TION <br /> "I he parties agree that this Agreement may not ana shall not be �ecorded �vithout the prior <br /> written consent of Developer and the C:ty. <br /> Page 15 of 32 I� <br /> � <br />