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2003-65 DESIGNATING THE CITY OF DECATUR, ILLINOIS NEAR NORTH REDEVELOPMENT PROJECT AREA
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2003-65 DESIGNATING THE CITY OF DECATUR, ILLINOIS NEAR NORTH REDEVELOPMENT PROJECT AREA
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1/28/2016 11:01:54 AM
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Resolution/Ordinance
Res Ord Num
2003-65
Res Ord Title
DESIGNATING THE CITY OF DECATUR, ILLINOIS NEAR NORTH REDEVELOPMENT PROJECT AREA
Approved Date
11/3/2003
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a .� <br /> , , .� . <br /> , , <br /> ORDINANCE NO. 2003-65 <br /> AN ORDINANCE DESIGNATING THE CITY OF <br /> DECATUR, ILLINOIS NEAR NORTH REDEVELOPMENT <br /> PROJECT AREA <br /> WHEREAS, the City Council of the City of Decatur, Illinois (the <br /> ��Municipality") has adopted and approved the "Near North Redevelopment Project and <br /> Redevelopment Plan of the City of Decatur, Illinois," and the related redevelopment project (the <br /> ��Redevelopment Plan" and "Redevelopment Project") for the Municipality's proposed Near <br /> North Redevelopment Project Area (the "Redevelopment Project Area," as described in the <br /> attached E�ubit A described in the Redevelopment Plan, and under the Tax Increment <br /> Allocation Redevelopment Act (65 ILCS 5/11-74.4-1 et seq., as supplemented and amended (the <br /> ��TIF Act")); and <br /> WHEREAS, pursuant to Ordinance No. 2003-51, setting a Public Hearing Date <br /> for a Proposed Near North Redevelopment Project Area, and Related Matters, adopted August <br /> 18, 2003, the Corporate Authorities set October 20, 2003 at 5:30 p.m. at One Gary K. Anderson <br /> Plaza, Decatur, Illinois 62523, in the City Council Chambers, for the public hearing, under Section <br /> 11-74.4-5(a)(i) of the TIF Act. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF <br /> THE CITY OF DECATUR, ILLINOIS,as follows: <br /> Section 1. The Municipality hereby designates the real estate described in the <br /> attached "City of Decatur, Illinois Description for Near North Tax Increment Financing DistricY' <br /> as a redevelopment project azea under the Tax Increment Allocation Redevelopment Act (65 <br /> ILCS 5/11-'74.4-1 et seq., as supplemented and amended), and as the Redevelopment Project <br /> Area hereunder. <br /> Section 2. The City Clerk shall file a certified copy of this ordinance, together <br /> with (i) the description of the Redevelopment Project Area, (ri) a map of the Redevelopment <br /> Project Area, and (iii) a list of each parcel or tax identification number of each parcel in the <br /> Redevelopment Project Area, with the County Clerk of Macon County, Illinois. Such County <br />
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