2006-102 APPROVING A REDEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF DECATUR, ILLINOIS AND IP PLAZA, LLC, IN CONNECTION WITH THE EASTGATE COMMONS REDEVELOPMENT PROJECT AREA

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�-':)-i s; .'. �a f -.� 3. ;E-�-.'d.E�-' : :',F_.�' I Northwest Quarter of the Northwest Quarter to the}�oint of beginning. AND EXCF,PT that�art of the Northwest Quarter of the North�rest Quarter of Section 28, rownship 16 North, Ra��ge 3 East�f the 3` P.M., Macon County, Illinois described as follows� Commencing at the intersection of the South Right-of-�Way line of F.A. Route 49 and the West lien of the East One-—Half of the NoRhwest Quarter of the Northwest Qua�rter of said Section 28;thence South 71 degrees 27 minutes IS seconds East r"assumed bearing)349.86 feet,on the said South Right-of-Way �ine; thence South 0 degrees Ol minutes 5? seconds West 606.00 feet to the point of begi�ning;thence South 54 degrees 58 minures 33 seconds West 43.3d feet:thence South 12 degrees 40 minutes 21 secc�nds West 550.97 feet,to a point un the South line of the Northwest Quarter�f the Northwest Quarter of said Section,28;thence South 89 degrees 44 minutes 48 seconds East 156.06 feet on the South line of the Northwest Quarter of tl�e Northwest Quarter of said Section 28; thence Nonh 0 degrees O 1 minutes 52 seconds East 5f 3.12 f�et to the pdint of beginning. � '_'0�� EAV: ��4.?18 i RP Lumber Tract: That part of the Northwest Quarter ot�the Northwest Qua►-ter of Section"I'wenty-eig (28},Township Sixteen(16) N;�rth, Range Three(3) East of the 3`` P.M., Macor County, Iilinois described as fol ows: Beginning at the inters�:;,tion of the South Right-of-way �ine of F.A. Route No.49 and the West line the East Half of the No�thwest (luarter o1 the Nerthwest Quarter of said Section 2$;thence South 7 i degrees 27 mi utes 15 seconds East(a3�umed h��,ring)3-19.$6 feet, on the said Suuth Right-of-Way line;thence South 0 degrees 0 minutes 52 seconds W=�st 6060.00 feet;thence Sout}i 54 drgrees 58 minutes 33 seconds West 43.3�feet,thenc South 12 degrees 40 mintrtes �1 sec�nds W'est 550.9? feet to a point on the South line of the Northwest Quarter o the Northwest Quart��a�d Section 28;thence North 89 degrzes 44 minutes 48 seconds W est 175.00 feet on the outh line of the No� FRt '�.- Quarter of the Northwest(�u�i�ter of said Section 28 to a point on the West line of th�East Half of the Nurth��'��st Quarter of the Northwest Quarter of'said Section 28;thence North 0 degrees 00 m�n tes 00 seconds East i"_i?..93 t�et on the W'est lien of the �ast Hai1'�rthe Northwesk Quarter ofthe N�ithwest Qu er to the poi7t ofbe;inr,ing. That pan of'the North�vest Q�iartei of the Northwest Quarter of Seciion �E, Townshi 1 b nonh, Rang,c z East r�f the �'� P.M.; Macon County. 111i��oi�described as follow�: Commencing at the intersecti�n c�f the Suutl� Kight-of-Way line ot F.A. Route 49 and the West line c;f the East One-Half of the Northwest Quart r of the Northwest Quar�er�f said Section 28;thence Souch 71 de;rees�'7 minutes 15 seconds East(assumed beari�g)349.86 feet, on the said • Suuth Right-ot=�'ay I�ne:thence Scutl� 0 debrees 01 minutes 52 seconds �'est 606A feet to the point of beginning; - thence South �4 degrees 58 minutes 33 seconds West 43.3�1 feet; thence South 12 de rees�0 minutes 21 seconds West�SC.97 feet,to a point un the South line of the Northwest Quarter o:the North est Quarter of said Section 28; thence South 89 degrees �l=l minutes�38 seconds�ast 156.06 feet on the So�!th line of the Northwest Quarter of the NortP�west Quartrr of said Section 28; thence North 0 degrees 01 minutes 52 seconds Fast 563.12 feet to the point of he�mning. '� �� �'00:> I.A�%: $39�,040 ' Hickory Point Ban�i'Tract: "I'�vu";racts of land in ihe South�vest Quaf-ter uf the Southwest Quarter of Sec!ion 21,ITownship 16 North, Range 3 F_,ast of the Third Y.I�^.. 1�lacon Caunty, Illincis, and beina more particularly described as follctis; T�act l: Comrnencing at a brass plate at the Southwest corner of said Section 2l;then e Easterly-along the South line of�he Southwest Quarter of'said Section 21 on bearing of South 89 degrees >0 m'nutes-�6 seconds East a distance of 1 1690 feet to a point thence Northerly on a bearing of North 0 degrees 9 minutes 14 seconds East a dista��ce uf 30.00 t�et to a point on the Nonh right-of-way line of Maryiand Street, sa d point being the place of be��inning;thence No�-th��esterly alor��*.said Nonh right-of-way line on a L�earing of orth 79 degrees 45 minutes 37 sec,mc�s \�'est a distance of 60.9� feet to a point on the E,ast right-of-way ime of'F'.A. oute 33 (S.B.1. Route 121); ;hen�r Northerly along said l;ast ri�ht-of-�vay line on a bzaring of North 0 degrees 04 minutes 4' seconds E,ast a uistance of 1 Z5.00 feet to a puint;thence Northeasterl��along said E;asi right-of-way f ne on a bearin�of North 41 Page 23 of 32 i I