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NOW, THEREFORE, for and in consideration of the mutual promises and <br /> obligations made and assumed herein, and pursuant to authority of 65 ILCS 5/11-15.1-1 <br /> et seq., City and Owners agree as follows: <br /> 1. The Owners shall file an annexation petition with the City, in compliance with <br /> 65 ILCS 5/7-1-8, said petition to describe the Premises and to request that the same be <br /> annexed to and included within the corporate limits of the City. <br /> 2. The City hereby waives any requirement otherwise applicable that Owners <br /> pay to the City any fee for filing the petition referred to in paragraph 1 hereof. <br /> 3. Upon receipt of said annexation petition, the City shall annex the territory <br /> described therein to the City as provided by law. <br /> 4. That upon annexation, the City, by ordinance, shall classify and place the <br /> Premises in the M-1, Intense Commercial/Light Industrial District with a Conditional Use <br /> Permit to operate an Amusement Park/Farm Progress Show, as per the provisions of <br /> City of Decatur Ordinance No. 3512, as amended (the "Zoning Ordinance"). <br /> 5. That upon annexation, the City will reimburse Richland in an amount up to but <br /> not in excess of Two Hundred Fifty Thousand Dollars ($250,000.00) for the design and <br /> construction of the public water mains and appurtenances for the Farm Progress City <br /> that is to be located generally south of the easterly extension of Mound Road from <br /> Brush College Road; west of Christmas Tree Road; north of Reas Bridge Road; and <br /> east of Brush College Road. Said reimbursement will be made subject to the following <br /> conditions: <br />