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R2001-22 AUTHORIZING PURCHASE OF LEASE
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R2001-22 AUTHORIZING PURCHASE OF LEASE
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1/22/2016 4:11:11 PM
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1/22/2016 4:11:11 PM
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Resolution/Ordinance
Res Ord Num
R2001-22
Res Ord Title
AUTHORIZING PURCHASE OF LEASE - 356 NORTH WATER STREET
Approved Date
2/19/2001
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. . ARC�-IIBALD CANDY CORPORATION <br /> � <br /> �����1'� � o�-� Sweet racto � <br /> Q�- 7''�r�r'u17'�Z� rY <br /> `;� <br /> February 8,2001 <br /> Mr. A. J. Kreiger <br /> City of Decatur <br /> Economic Development Office <br /> #1 Gary Anderson Plaza <br /> Decatur, IL 62523 <br /> Re: Fannie May#421 <br /> 356 N. Water St. <br /> Decatur, IL <br /> Dear Mr. Kreiger: <br /> Please accept fliis letter as confirmation of our agreement to ternunate our leasehold interest in and vacate <br /> the above referenced premises as part of the City's continued redevelopment of downtown Decatur. <br /> As agreed,we will close for business,vacate the premises and terminate our leasehold interest on or before <br /> April 30, 2001. The City(Landlord)will pay Fannie May(Tenant) $30,000 upon our actual move out date. <br /> Thereafter,Landlord and Tenant release each other from any claims related to the Lease. <br /> While we are reluctant to depart downtown after 46 years, it is clear that the planned redevelopment along <br /> with the improvements that have already taken place will position the area as a viable marketplace for years <br /> to come. Fannie May has and will continue to make a good faith effort to relocate within the City of <br /> Decatur. <br /> Thank you for your assistance to date. We look forward to working with you in the future. <br /> Please indicate your acceptance of this Lease Termination Agreement by signing on the space provided <br /> below and return one duplicate original document to my attention. <br /> ' cere , <br /> c <br /> Rich Pen <br /> Director of Real E tate <br /> For: Archibald Candy Corporation For: The City of Decatur � <br /> d/b/a Fannie May Candies '� <br /> � ` <br /> O D _ � <br /> ;�� <br /> Alan W. Petrik, V. P. A. . ig sst. City Mgr. <br /> Attests <br /> cc: Joe Chipollini ; <br /> i . <br /> ;��� � � �G�'�2C. <br /> . �C��'�'r _ , � <br /> City Clerk <br /> 1131 West Jackson Boulevard (hicago, IL 60601 31Z.243.2100 <br />
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