Laserfiche WebLink
� ' [nter�overnmental Cooperation AQreement <br /> , � Hic[corv Point West Sewer - Part II <br /> 13) B[NDf�lG CON1MITVIENT <br /> The CITY hereby represents and warrants tha[, to the extent provided by law, [his <br /> A�reement shall be fully bindin�upon the CITY, and its successors and assi�ns, for the entire <br /> term thereof. <br /> ti r1 T[ON OF [NTERGOVERNNIE�ITAL COOPERATfON :�GREE;�IENT <br /> 1-1) TER. lI. A <br /> This asreement may be terminated upon am� one ot the following: <br /> a) By mutual aQreement of both parties, and:or <br /> b) By payment in full by the C1TY on remainins loan balance. <br /> l�) TR,a�ISFER OF OWNERSHIP <br /> Upon the final payment of subject loan,the DISTRICT �vill quit claim and transfer <br /> ownership of subject sanitary sewer and all appurtenances and riaht-of-ways and permits to �he <br /> CITY, and the ClTY a�rees to accept. <br /> IN WIT�IESS WNEREOF, the Sanitary District oti Decatur and the Ciry oY Decatur. both <br /> of vlacon County, Illinois, have hereunto a�xed their respective hands and seals thesf�2l37dav or I <br /> �`p,�-{ , 1997. the execution of this Agreement bein�by and under the respective <br /> governin�body of each party hereto, by resolution duly and le�ally adopted. <br /> G^I�LL-L�� <br /> G. P er Johns, P sident <br /> Sanitary District of Decatur <br /> Macon County, [Ilinois <br /> ATTEST: <br /> � � ��u°�s''.v.' <br /> L�tvid L. Pr�rs�1. Asst. Qe� <br /> Sanitary District of Decatur <br /> Macon Counry, lllinois <br /> STATE OF ILLtNOIS ) <br /> ) SS <br /> COUNTY OF MACON ) <br /> 8 <br />