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R98-132 AUTHORIZING ANNEXATION AGREEMENT
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R98-132 AUTHORIZING ANNEXATION AGREEMENT
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Last modified
4/11/2016 3:34:20 PM
Creation date
4/11/2016 3:34:19 PM
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Resolution/Ordinance
Res Ord Num
R98-132
Res Ord Title
AUTHORIZING ANNEXATION AGREEMENT - EXECUTOR OF ERNEST E. DRAGSTREM ESTATE AND THE FIRST NATIONAL BANK OF DECATUR, TRUSTEE
Approved Date
10/19/1998
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'. "�, <br /> . , BOOK � � � �i PAGE � <br /> � �Resolution No. R98-19; provided that, said extension to the property line shall not be made <br /> prior to the approval of a building permit for the Premises. The Owners expressly agree that <br /> they shall pay all fees required by the City for connection to said main. <br /> 8. During the first year after water service is initially provided to the Premises, by water <br /> main connection as provided in Section 7 hereof, and only during said year, the City shall pay <br /> to the Owners Four Thousand Dollars ($4,000) for each permanent, full-time job located on <br /> the Premises and created (not relocated) after the effective date of this Agreement, to a <br /> maximum of Twenty-five Thousand Dollars ($25,000). "Permanent, full-time job", for the <br /> purposes hereof, shall be determined by the City using definitions and principles generally <br /> accepted in the field of economic development. <br /> 9. The provisions of this agreement shall supersede the provisions of any ordinance, <br /> code or regulation of the City which may be in conflict with the provisions of this agreement. <br /> 10. If any provision of this agreement is held invalid, the remainder hereof shall not be <br /> affected thereby. <br /> 11. Time is of the essence of this agreement. <br /> 12. This Agreement shall be binding on the heirs, successors and assigns of the <br /> parties hereto and shall run with the land, subject to the terms of paragraph 13 below. <br /> 13. The term of this agreement is for a period of twenty (20) years from the date <br /> hereof. w ' �� <br /> , �- '' y ��� � .� '�s �' <br /> DATED this ��T�� �,�day of ���� 98. <br /> ., • , <br /> , . , , . � , <br /> �; �`; � .: " _� <br /> . • . ; . <br /> �, � � Nf� OR <br /> ATTE , ��� ,� �,,; _ - <br /> % , . . ! <br /> / � �- �� <br /> �-�=C�,�--�- ��/' � <br /> � � <br /> CITY CLERK <br /> �_ <br />
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