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R2016-04 AUTHORIZING REDEVELOPMENT AGREEMENT FIRSTECH
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R2016-04 AUTHORIZING REDEVELOPMENT AGREEMENT FIRSTECH
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2/18/2016 10:10:36 AM
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2/18/2016 10:10:34 AM
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Resolution/Ordinance
Res Ord Num
R2016-04
Res Ord Title
AUTHORIZING REDEVELOPMENT AGREEMENT FIRSTECH, INC
Approved Date
1/19/2016
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• �m ����. ����a L��.� <br /> EXHIBIT 5 <br /> Prepared By: <br /> Billy Tyus <br /> City of Decatur <br /> 1 Gary K Anderson Plaza <br /> Decatur, Illinois 62523 <br /> After recording return to: <br /> Wendy Morthland <br /> Corporation Counsel <br /> City of Decatur 62523 <br /> MEMORANDUM OF AGREEMENT <br /> FirsTech, Inc., an Illinois corporation, and Busey Bank, an Illinois banking corporation (collectively, <br /> the "Redeveloper"), and the City of Decatur (the "C�") have entered into a Redevelopment <br /> Agreement dated as of, J , 2016 (the "Ag,reement")with respect to certain real <br /> property located in th City of D catur, the County of Macon, the State of Illinois, more fully <br /> described in Exhibit A attached hereto and made a part hereof(the "Project Site"). The Agreement <br /> provides that the Redeveloper, subject to certain terms and conditions set forth in the Agreement, <br /> shall develop a project as described in the Agreement(the "Project") on the Project Site. <br /> Dated: Q� „�, .,._.,_ (�f , 2016 <br /> CITY OF DECATU FIRSTECH, INC. <br /> an Illinois muni 'pal rp tio An Illin i Corporatio <br /> / <br /> � By: <br /> By: �-- Print Name: Howard Mooney <br /> Its City Manager Title: President <br /> BUSEY BANK <br /> Attest: � , An Illi is Banking Co oration <br /> � <br /> By: By: <br /> Its City Clerk Pri Name: �he�i L . �� <br /> �tie: �.�� , <br /> CITY OF DECATUR/FirsTech Red.Agreement 30 <br /> Page 130 of 161 <br />
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