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<br /> ' �___' -_-`' . 1/007 � _�_ , �II
<br /> NoHce to Taxpayers... �
<br /> �dty of Decatur,Macon Cowty Illinois,an Illinois Munidpal Corporallon,hereby yives Notice of a public C a t e O f ���''�j a t'O n II
<br /> eadng to be held at 6;30 pm on April 14,]997 at the Decatur Gvic Center,Decatur Gvic CenMr(MI Gary K.
<br /> Mderson Plaae),2nd Floor Conference Room.Decahu,Illinois.City Coundl Chambecs,Decatuy Illlnoiy,to mn-
<br /> slder its proposed Tax increment Finence Redevelopment Area,Plan and Projects. ,
<br /> All inrerested pe�son�will be given an opportunity to be heard at the Public Hearing,and may sub-
<br /> � 't mmmenb in writing to the City mnceming the subject matter oE the Headng prior to the date of the Hearing, g
<br /> eve�opment Arna:
<br /> map and L,egal Description.
<br /> Redeveloo ent PI n and ProiecLa• .
<br /> 1)A Summary of the Redeve o ment Plan a�Proj¢cts is aNached.
<br /> TheRedevelopmentPlanand�rojectscomplywiththeprovisionsofthe'TaxlnaementRedevelopmentA�" N, a divisiOn of LEE ENTERPRISES INCORPORATED, 8 Corpo-
<br /> A mpy of the prop�Redevelopment Plan and Prc�jects is available at the Decatur Civic Center(M Gary K. th81 it is the publisher of the Herald & Review, a daily seeular
<br /> Anderson Plaza��nd Floor Confernnce Room,Decatur,Illinois.Hall for examinadon du' regular office hours.
<br /> Between 1900 and 1980,the City of Decatur's populaHon steadily increased�e City grew from a ation in said County, printed and published in the City of Decatur,
<br /> populadon of kss than 21,000�n i9oo ro over va,000 by i9sp.ps new peo ie encered che community,new homes nd that said newspaper is a newspaper as defined in "An Act to
<br /> were built to accommodate these neN•individuals.These neiv residenfs�,w8►,c„eW ax aoua�ro►l�m,,,n,,,- notices," approved February 13, 1874, as amended, and that the
<br /> pub�cnity in die Eorm of sales,real esWte,and motor tuel taxes which were used lo provide City services and maintain �reunto annexed and made a part of this certifieate has been
<br /> infrastructure.
<br /> However,between 1980 and toda y,populadon in pecatur has declined.Between 1980 and 199p d�e
<br /> populaHon fell from over 94,000 ro less than 84,000�eople-a 10.64%decrease.'fhis ten year decrease sM the City t WO
<br /> back Wmost th�rty years to its populatioh level In the ar 1%0. :h week for
<br /> . Furtheti Decatur has meintained an unu uall ht unem I � successive weeks in each and
<br /> 't7,r, oCt thia period of Hme,the City of pecatar has aveia �becw�;2��,d 3��O1re���asc io ars. of the final edition thereof, and that the first publication thereof
<br /> B� percentage pointa above the
<br /> ann�state unemploytnent rate,and between p and 4 pe�rentage potnty above the naHonal unemployment raM.
<br /> Tfinds such as the9e aze obvio�sty detrimen�ro�e��omic well beinp of the City. Id n2WS8p2f 011 Tu esday , the 2 5 t h
<br /> ` " � There are dreas w�thln ib mrporate boundaries which,
<br /> ' without the use of incrnHves,wwld be very difficult to develop
<br /> J �� _""'-�"�� because of the hi�h mst of developing the land.Prob]ems such as � , A.D. 19 9 7
<br /> � lack of proper uhlities,improper water drainage,or o�her pubL'c _, and said publieation was continued
<br /> in[rastn,rn,re probiems curren�ly have the avaitable funds ro said final edition of said newspaper, and in each copy thereof until
<br /> _ mntribute to a subsWnHal development which would ofEset these ,
<br /> ' high costs.An incenHve program should be established and pulr
<br /> �, � .� lic utilldes must be made available in order[or development tu y p{ Apr il
<br /> om,r�ch�eerea�. , A.D. 19 9� which was
<br /> � �\\\\ Tax InciemeM Finana�(77F)iy a tool uaed by many
<br /> •.,�� � Illinois mmmuniHes to encourage development which can f said notice; and that Mary Crisler
<br /> � \, inaease emp� t,�opuladon and aase�ed valuallon or the
<br /> � , � mmmunity. ��w�a�,�rne�e tex b��e, the City will be able f Directors, has authority to make this certificate.
<br /> � /�ti improve public inhashvchue as well as offering developers
<br /> � /. �� .// / ...�. incenHves to develoP in the City of Decatuc Decatur will grow Mar Crisler
<br /> - ���� , aed develoF ent w�ll come to the City due lo economic incen- HEREOF, th@ SBid y
<br /> nves offered by'nF. has hereunto
<br /> 30lJTHEABT PLAZA�7p DI �e of the pritxipal goals of the Southeast Plaza Tax 1 S t
<br /> — �_��_ Increment Financing District will be ro bring substanHal new mpany, thlS d8y Of April
<br /> �K�;„�„4.,;a; commercial development to the City of Decatur,creadng new
<br /> jobs and ulHmately increasing the ta�c base of each taxing district
<br /> which levies withm the City of Decatur.
<br /> The land uses of the properties in the T7F District wi��comp�y with current City zonln�and Aubdi-
<br /> vision codes.The district will last no longer'than 23 years and will be amended if necessary.Anyone mterested in
<br /> develdping properly within the TIF pishid should contact the City Manager's office.The Redevelopment Plans ��
<br /> and Pro�ect mmply with the provisions of the'Tax IncrementAllocaHon RedevelopmentAct." — HERALD&REVIEW, 8 d'IViSIOtI Of
<br /> A mpy of the proposed Redevelp Plan and Project is available for examinadon in the City Clerk's o[Cce at the LEE ENTERPRISES INCORPORATED
<br /> tur Gvic Center during regular office hours.
<br /> 1 of the Southwest Quarter bf the Northwest Quarter of Section 28,Township 16 North,Range 3 Fast of the 3rd
<br /> P.M.,except thatpo rtion thereof previously dedicated or conveyed fo�p�blic highwaypu rposes,situated in
<br /> Macon�ounty�IlIInois,except the East 470 fcet thereof and except the South 50 feet theieof ;
<br /> . h'+eP�It�E Zon of Illinois Route 121 previously dedicated that lies adjacent to the above dc9criibed propedy, (/��•V
<br /> The East 470 feet and the South Sp(¢M except the East 470[eet of the Southwest By
<br /> of Section 28,Tpvfiship 16 North,Range 3 East di the 3rd P.M.,eu t that pofi�thereo[pre�o�us�y aed�eat�ed�
<br /> or conve for blic hi wa revi
<br /> end' Y P� 8h Y P�P��situated in Macon County,I linois, .
<br /> that portion of Illinois Route 121 previously dedicaMd that lies ad�acent to the above described Property,
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