My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
99-01 AUTHORIZING SALE OF REAL PROPERTY - NORTH WATER TREATMENT PLANT - ARCHER-DANIELS-MIDLAND COMPANY
COD
>
City Clerk
>
ORDINANCES
>
1999
>
99-01 AUTHORIZING SALE OF REAL PROPERTY - NORTH WATER TREATMENT PLANT - ARCHER-DANIELS-MIDLAND COMPANY
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/10/2016 9:17:26 AM
Creation date
3/10/2016 9:17:21 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
99-01
Res Ord Title
AUTHORIZING SALE OF REAL PROPERTY - NORTH WATER TREATMENT PLANT - ARCHER-DANIELS-MIDLAND COMPANY
Approved Date
1/4/1999
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
67
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
J <br />, . , t . � � <br /> � T � � <br /> I � <br /> and ADM agree upon in writing. The date and time designated for consummatin and closin <br />, g g <br /> the sale is herein called the "Closing Date." <br /> 5. Purchase Price. The urchase rice to be aid b ADM at Closin for the North <br /> P P P Y <br /> g <br /> Plant property described in paragraph 3 shall be the sum of Twenty Million, Two Hundred <br /> Thousand Dollars ($20,200,000). <br /> 6. Conditions for Use of North Plant. Upon Closing, the following conditions <br /> apply to the use of the North Plant by ADM: <br /> (a) ADM shall use the North Plant solely for the purpose of providing <br /> the industrial cooling and process water requirements of ADM's <br /> East and West Plants and for facilities located in Macon County, <br /> Illinois of ADM or of any wholly or majority owned subsidiary of <br /> ADM except for facilities of any current or former "large user" of <br /> the City's water system, other than ADM, as that term is defined in <br /> Chapter 64 of the City Code, or any subsidiary or affiliate of such <br /> large user. <br /> (b) ADM shall, at its cost, upgrade the North Plant so as to enable it to <br /> produce up to twenty-four (24) MGD of industrial cooling and <br /> process water for ADM's requirements. The design of such <br /> upgrade facilities shall be subject to the City's prior written <br /> approval. <br /> (c) ADM shall obtain all necessary permits and approvals for the <br /> upgrade work referred to in Paragraph 6(b). <br /> (d) ADM shall be solely responsible for the operation and maintenance <br /> of the North Plant. I <br /> -4- I <br />
The URL can be used to link to this page
Your browser does not support the video tag.