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' � � . <br /> . <br /> . . <br /> . • <br /> . ,. <br /> , , AMENDMENT TO A REDEVELOPMENT AGREEMENT <br /> BETWEEN THE <br /> CITY OF DECATUR AND AIRPORT PLAZA JOINT VENTURE <br /> 1. On March 31, 1997, the City of Decatur and Southeast Plaza Joint Venture entered <br /> into a Redevelopment Agreement for certain property which was to be designated as a <br /> Redevelopment Project Area by the City of Decatur. <br /> 2. The Agreement was contingent on Ordinances being approved designating this area as <br /> a Redevelopment Project Area by May 1, 1997. <br /> 3. It is in the interest of both parties that the Redevelopment Agreement be amended to <br /> change the date for passage of said Ordinances to May 19, 1997 or on such earlier date as the <br /> Redevelopment Project Area is approved. <br /> 4. That the last paragraph of Recital D in the Redevelopment Agreement shall be <br /> modified to read as follows: <br /> "This Agreement is specifically contingent on these aforementioned <br /> Ordinances being approved. Should the City not approve these <br /> Ordinances or should they accept a separate proposal for the development <br /> of this land by either May 19, 1997, or on such earlier date as the <br /> Redevelopment Project Area is approved, this Agreement shall be null and <br /> void. <br /> IN WITNESS WHEREOF the arties hereto have caused this Agreement to be executed <br /> by their duly authorized officers this � day of May, 1997, at Decatur, Illinois. <br /> DEVELOPER CiTY CF JE��TUR, ILL?NpIS <br /> Airport Plaza Joint Venture a Municipal Corporation, <br /> i����`---� <br /> B i�� , � B �' <br /> Y <br /> � <br /> Attest: � �Y— Attes �'�'( -' <br /> � City Clerk ' l <br />