R90-143 RECEIVING AND FILING AFFIDAVIT AND NOTICE OF PUBLIC HEARING FOR TAX INCREMENT FINANCE DISTRICT

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� . LEGAL NOTICE , ' NOTICE OF PUBLIC HEARING CITY OF DECATUR REDEVELOPMENT PROJECT AREA Notice is hereby given that on November 19, 1990 at 7 : 30 P.M. in the Decatur Civic Center, City of Decatur, One Civic Cen- ter Plaza, Decatur, IL 62523, a hearinq will be held to consider the redevelopment project area to be called the City of Decatur Redevelopment Project Area (RPA) . The designated redevelopment project area consists of the territory legally described in Ex- hibit 1 attached hereto. The Redevelopment Project Area is shown in Attachment "A" and generally described in Attachment "B", both also attached hereto. There will be considered at the hearing a proposed Redevelopment Plan for the Redevelopment Project Area. The ob- jectives stated in the Redevelopment Plan are for the City of Decatur to serve as a catalyst in the redevelopment of the RPA into an industrial park. The RedeveI.opment Plan provides that the City would imple- ment a coordinated program of actions to facilitate industrial park development, including, but not limited to, financing and/or construction of public improvements, which may include street and sidewalk improvements, site preparation, utility improvements, traffic signalization and lighting, etc. The Redevelopment Plan contemplates the use of public finance techniques,, including, but not limited to, tax increment allocation financing. A draft of the Rsdevelopment Plan relating to the proposed Redevelopment Project Area will be on file at the Office of the City Clerk, One Civic Center Plaza, Decatur, IL 62523. Pursuant to the Tax Increment Allocation Financing Act I11. Rev. Stat. 11-74-1 et. seq. , as amended (the "Act") , a Joint Review Board has been established, consisting of the representa- tives of Community College #537, Warrensburg-Latham School Dis- trict ,�il, Decatur Park District, Barclay Public Library of War- rensburg, the County of Macon, Illinois, the City of Decatur and the general public. The public member and the Board's chairper- son shall be selected by a majozity of other Board members. The first Joint Review Board meeting must be held within fourteen (14) days of the notice. Accordingly, such meeting is hereby scheduled for October 3, 1990, at 11:00 A.M. to take place at the Council Conference Room located on the 3rd floor of the Decatur Civic Center, Decatur, IL at the above stated address. The Joint Review Board shall review the public record, plan- ning documents and proposed ordinances approving the redevelop- ment plan and project, pursuant to the Act. A Joint Review Board's recommendation, if any, shall be an advisory, non-binding recommendation, which recommendation shall be adopted by a majority vate of the Joint Review Board and submitted to the City within thirty (30) days after convening of the Eoard. Failure of