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R2015-129 RECEIVING AND FILING PROPOSED REDEVELOPMENT AGREEMENT Pace Hospitality LLC
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R2015-129 RECEIVING AND FILING PROPOSED REDEVELOPMENT AGREEMENT Pace Hospitality LLC
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12/14/2015 9:21:01 AM
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12/14/2015 9:20:58 AM
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Resolution/Ordinance
Res Ord Num
R2015-129
Res Ord Title
RECEIVING AND FILING PROPOSED REDEVELOPMENT AGREEMENT PACE HOSPITALITY LLC
Approved Date
12/7/2015
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Exhibit 4 <br /> Prepared By: <br /> Billy Tyus <br /> Assistant City Manager <br /> City of Decatur <br /> 1 Gary K. Anderson Plaza <br /> Decatur, IL 62523 <br /> After recording return to: <br /> Wendy Morthland <br /> Corporation Counsel <br /> City of Decatur <br /> 1 Gary K. Anderson Plaza <br /> Decatur, IL 62523 <br /> MEMORANDUM OF AGREEMENT <br /> SUNRISE HOSPITALITY (the "Redeveloper")and the City of Decatur(the "City") have entered <br /> into a City of Decatur/ PACE HOSPITALITY LLC Redevelopment Agreement dated as of <br /> , 2015 (the "Agreement") with respect to certain real property located in the City <br /> of Decatur,the County of Macon, the State of Illinois, more fully described in Exhibit A attached hereto <br /> and made a part hereof(the "Project Site"). The Agreement provides that the Redeveloper, subject to <br /> certain terms and conditions set forth in the Agreement, shall develop a project as described in the <br /> Agreement(the "Project")on the Project Site. <br /> Dated: , 2015 <br /> CITY OF DECATUR PACE HOSPITALITY LLC Illinois Corporation <br /> an Illinois municipal corporation By: <br /> Print Name: P B <br /> By' Patel <br /> Its City Manager <br /> Title: <br /> Attest: <br /> By' Attest: <br /> Its City Clerk <br /> By: <br /> Print Name: <br /> Title: <br /> City of Decatur/PACE HOSPITALITY LLC 30 <br />
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