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3. Upon the completion of the construction of the storm and sanitary sewer main ��� <br /> and the dedication of the sanitary sewer main, the CITY shall reimburse JACKSON ' <br /> FAMILY for the cost thereof in an amount not to exceed Twenty-Two Thousand Dollars <br /> ($22,000). JACKSON FAMILY shall submit to the CITY itemized invoices evidencing all <br /> costs incurred, as required by the Department of Economic and Urban Development and <br /> Department of Engineering and Infrastructure, and said reimbursement shall be made by <br /> the CITY within sixty (60) days of such submittal. "Cost", for the purposes of this section, <br /> shall mean the total approved cost of the construction of the storm and sanitary sewer <br /> mains as in accordance with the engineer's estimate dated January 30, 2007, hereto <br /> attached as EXHIBIT B. <br /> 4. EDGE funding from the Department of Commerce and Economic Opportunity <br /> (DCEO) is integral to the success of the development project. B-1 LOGISTICS shall <br /> conform to all requirements set forth by DCEO for EDGE funding in order for the <br /> JACKSON FAMILY to be eligible for reimbursement from the CITY. <br /> 5. The term of this AGREEMENT shall be from February 6, 2007, through <br /> December 31, 2008. 'I <br /> DATED this 6th day of February, 2007. �� <br /> CITY OF DECATUR, ILLINOIS, a Municipal <br /> Corporation, <br /> �I /,/� <br /> B �:z� u , <br /> Y <br /> ATTEST: <br /> ------- � , <br /> .�� � �,� � , -�/'�/1� <br /> CITY CLERK <br /> Jackson Family, LP <br /> By � <br /> Its �'p�S+. <br /> B-1 Logistics, Inc. <br /> By <br /> its <br />