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. }�.m. For €urther tt�formahon Decatur Soqtlieast PIaza 'f IR 'FRIC�" ' . _
<br /> glease feeI free to contac ._ lbs amencle�-are as AMENB£D. BOUNDARY
<br /> Gr �''Crawe,.�Ec � ,�a . 1) To fint�er pre- M�►P .
<br /> CERTIFICAT[? UF PUBLICA'17UN ���. 1 r` ., � :. �. .
<br /> �,-.,.x - 2 � �� � .
<br /> State of lllinuis SE �HAI�1'�R'1!�1r . " � 've opment occurring wif�in ���`� �= �� . • ,
<br /> 1 � POSETS the existin SoutheasC Plaza �-��_ '��i ��
<br /> NC��ICE,,�?F� U�I� �� so�s�. ''�
<br /> )ss. � d:. •. MENIIIVIENT TIF DistrieY; '(Z} To exjiarid sw,l+.nw,/4 �lzg�raa i��,d
<br /> County of Macon ) ��,�x s ' ` '� the retaiUcommeroial business 5,.<<�„ 2� ra�, , ' �
<br /> SE. : 't+�'��7R SOUTHEAST presence in a manner which RJE,3rd PU Miest Riqht at Woy Ck+e - iw��Ro�ce �z� �zo`
<br /> y'.��_`, ,`P_ �tEDBVE�.OPMENT will appeal to a broader con- fi�'
<br /> I,Iheuncicrsigncd,doherehycer�ifythat «� Y,�'_ _�• . �..AREA; PLAN AND PRO- sumermarketaridconsequent- .
<br /> I arri the puhlishcr��f UF.('A'I'UR'I'R1131 IN1:. '`�:����:�'�� �a� ' 'JEGT�. • ly expand thb local economy
<br /> a public and secul,ir ncwspaper of gcncral ?��'�tAl�i � fi'D1.,, ' and improve.che City's abili r ` � M � � _ _ , � ^
<br /> 'sEQ CHAPTER �h �r to provide public services; (�
<br /> circulalion, published weekly in U�e Ciiy of �`�e �ty . aco �LL� 1F�posed • •Amended To extend and zriaintain infra- �`�-'� �. . � , .�
<br /> Decatur,Macon County,lllinois,and that Ihe �urtf > Il o s�` o ' Redeve�opmeqt Project Area: structure within the City, - �'; ,��: :._ . '"�=� �
<br /> ��":.,
<br /> same ha s b e e n re g u l a r l y p u b l i s h e d f o r a t 1�u't i i c l p a l C o �i",'�•�►e - In'order to further stimulate includin g water and sanitary "��.',�� � Eoat R�+t ot Woy Lina — �nosa Route �2�
<br /> least one year prior to the date of the first �yes Notice 'a 3 new commerciat, retail and sewer lines,.sform dtains and --' I--�'� ,
<br /> publication of the notice hereinafter men- �earin�gto be hel ��i : � residential development with- rqads; (4) To diversify = x . .
<br /> tioned, anJ is yualified a� a newspaper as Ge�Ura� 'Daylig ��v�n . � in the Decatur Southeast Plaza emp loyment;,-(5) To promote _ � `� _
<br /> ��e..o�►April 16 �at, � Tax Increment Financing stabilization and growth o�the `�� , �if �3 ti.�a°� �
<br /> defined in Ac1 -('ha�Ner Ilx),Sec(ions I and Deeat`ui'City Hal G'arg��? ;(TIF� District, a Second exish�t �mployme_�;base;(6) ' � � �a�
<br /> 5, Illinois RcviscJ Slalulcs. • And��son Plaz Decah�r Y Amendment to the original To ��7a�s-��nitable for a�
<br /> it s, to:.cons � �- ; Redeveiopment Pioject Area f�eiitial an�commercial � �
<br /> 1 further certif Ihat a notice, or adver- �s���cond A ' n�to (the "Area")> Redevelopmene u��'for possilil`e futuce devel- ° � � •
<br /> Y ttie ,Decatur`So ast�Pl�za • Plan and PiProJ ects has bee� opment���ough the use of � � � P,r
<br /> tisement, c�� which the annexed is a true 'F`aic 'Inccemen in�ei�g prbposed The imgtements- zonm �.a�'id other delegaied
<br /> printed copy,has�been regularly published in �ei�velopment �a,; P�ap nen of the Amended.TIF powe `and 47) To clear the , ���,: ��t `y�,��°'
<br /> said news a r,......-�.............times, once in �ajects. .� �i�iterested Ihstrict Redevelopment Plan trac, all blighted•buildings_ ' ��a � 1 �,.+
<br /> P'(� � '�s, 1�}� �'�ng wi11 improve the economia an .' ,pare the land for devel- , a,� tiA
<br /> each week for....�-...............successive �cts of_,w EaiFa�e stability and physical,develop- optr�erif: �� �`° . ��"
<br /> weeks.the lirct puhlication thereof having p���ieity is inc � . � in tfie ment of cei�tain areas witlun• ' �� .�,i`
<br /> been madc in thc issuc of Ihe UECAI'UR A�� �� Il�inois the City and create new jobs Des " rion of T c ent �6, � p�g
<br /> De ` enc of � erce and for the c�mmunity. In ,1997' F� : ng: q_ p .`��t �o }
<br /> �RIBUNE on Ihc ....� �'`�tl� of.�.'.1a..�, . F��. .
<br /> •• • • �Y , • ••••••• Ecpn�@m�c poi�unity the.Gity of Decatur created the es , ',�shes -a geog�l� ( i� .
<br /> A.U. 2Ul!�and lhe last publicaUon Ihereof (I�CEs,b), will .given an Decatur Southeast Plaza TIF bo�ary (a �edevelopment ,
<br /> ........... . . � �. � ��
<br /> having been made in the issu of said news- oP.Q���tY to b eard at sa�d District. The focus of tiiis TIE project area � - ,� . � .
<br /> pa r ublished on the �7h . day of �1Q���Heari�►g a�to file�+ith District was on commercial; . x� inve$ ` n _ _ , - I .
<br /> .......A.D. 2().... Fee$..�......��� He ;�nt t�cl�rk ,y.�'ritat the fol- ocated outh of CJ�Ru te 6 spe i�c 1i cipality ma" o Q.
<br /> �l� D� •� . . ,. A miuu
<br /> riien�s,prior to t�ie'date of ttie ment on vacant ro erties r�'�5 gations tn ,�finance � ,'� � sr�; i F
<br /> �, � . •G .:.�sector °r � _� �
<br /> IN WITNESS WFIEREOF, 1 have here- lo�pg� addre .. �ity of and east of Illinois Route 121. improve j ` 11 en, te. ' �� � � . � .
<br /> unto set m hand at Decatur in said Count ���r, City . rk, #1 Gary Since 1997, the Southeast the red'ev" t�`of de���=�
<br /> Y y .:Anderson , aza, Decatur, Plaza TIF District has stimu- rated, bli' b� oth�et key
<br /> anJ Slate.thi���.da of�R.�i� . �
<br /> Y •:•• A-U•2�►.°•�'• I�,'��,523. A S ' ' ary of the lated more than$20 million of conservaUo .' eas within its ��t `'' 31F BOUNOARY
<br /> � proposed,Seco' Amendment new private investment and 'corporate 1 ,ts: By,rr►aking ���4,Nw}�, uaen.�t c«n�
<br /> , to, the Redeve.�ppment Area, created more than 300 new public, imp,. '.ements, the s.�es�+ze.r6++ � � sw,l4,nw,/�
<br /> ' f� P�an and Pro ects, the jobs. 1fie Amended TIF Plan munieipality� , invite i�ew R�,xa'+�' • 's.n�«�ze, r,sr,
<br /> L��,,, �� �✓�p�'v" #�,m�?�ded L,e�l �escription mcludes approximately 10 . priv,ate inves nt so that the ="' rr�, xe v►a
<br /> � x�C -�, and'ttie Ament�ed Boundary acres of_pro to be added ex �`�m creas�"in. ro rty
<br /> P� , �� t,�z P. Pe.-
<br /> I'til�li�li�r. �ptese�ted:below.The to the ongin��Distri:ct for tax re�ei�u��an�fe captured,
<br /> ��cind Am` dm�nt to the commercial, i�etail anc� resi- tempora�ly; Ca atnorhze the
<br /> I��de,u,elop, . �rea, Plan dential deyelopm�nt-ipcated public. �m�irovemezits. A
<br /> UECA'1'UR 7'RIBUNE anc}Pro�ects, the a�ijacenc ta and south:of,tiie mumcipaitty may atsachoose ♦ ,
<br /> • ov�s�ons ^�T'� onginal �ecatur S�iutheast. to use�IF funds on a pa�-as-
<br /> Received Paymenl �re�r►�n� . �: �'�' PTa�a'TIF Distnct 'I'fiis ji�-- you-go basts�hereby reve�lue
<br /> Red yelopmen� ` �b� cei of lan�ineludes'character- is.spent as it is cbllect�d; In
<br /> I�C� S/11 74� �. A istics which qualify the either case,i�.is�xpecfed that
<br /> By p �of the p�� ond amended Area�s a`°Blighted new inves�'tent in.�des�gnat-
<br /> �m�ridmen� �'�� ihe Area" as slefined in fhe T`ax ed r.edevelopment= area will
<br /> Rac3�velo�p M�; , Plan Inerement ' Allocation stimuiafe�a resurgenee of pbp-
<br /> au�`�tqte�sc` le at tlie Redevelopment Act (the uIation empfo�mem, and _ .
<br /> �furx 1 G. K. "Act" A lack of,growth in assess�d vaiu oughout
<br /> ..��' .. �'' �
<br /> �n erS�n Decatur; �alized Assessed Valuaixon t� en�re e �
<br /> Illinois� �o�* � nahon�dur- (�AV)is also apparenY in th� shoul�-`6e no � "1��'�� ". . - .
<br /> �iti '`reg��ar fic� proposed.amended :4i� ;}p� ' ��:� ` ' �nZi ii
<br /> ��urs � pn �_y suant io data,made ����b�e �`xs.,;��k a nevy.�aic.c�r' new tax-
<br /> , � '�' �,:�� . � y. ,�. .
<br /> �ug��`rida�?'�a:m.- .00 by the, Macon �'��iii;x i�igdistri�t. Onij�'ariincreased
<br /> ` � Assessons office. �e assessment or an, overall
<br /> � improvements proposed in iricrease in tax rates can•raise
<br /> � this Second Amendment to the tai�es. TIF ys merely used to
<br /> Decatur Southeast Plaza TTF reallocafe increased property
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