Laserfiche WebLink
. � _ <br /> Mr. James C. Bacon, Jr. -2- November 10, 1988 <br /> until January 1 , 1989 and shall be extended <br /> sutomatically thereafter for periods of 5 years <br /> each unless such extension periods are <br /> specifically changed by the Council of the City of <br /> Decatur, Illinois except that the provisions as <br /> set forth in (ii� , (iii) and (iv) below, which <br /> covenants shall remain in effect without <br /> limitations as to time <br /> The "uses specified in the Redevelopment Plan" for this <br /> parcel are shown as "Commercial," as indicated by Hilmer <br /> Landholt's letter dated march 1Q, 1987, a copy of which is <br /> attached to this letter. <br /> Illinois Power Company acquired this parcel of land <br /> from Montgomery Ward Realty Corporation in 1987. As you <br /> know, Illinois Power Company has remodeled the building on <br /> this parcel and is being used for corporate offices and <br /> associated parking. <br /> Inasmuch as this parcel has been and is now devoted to <br /> commercial uses, in order to clear the title of this <br /> covenant, Illinois Power Company requests that the land use <br /> covenant contained in paragraph 5(a) (i) of the Contract for <br /> Development of Land, expiring January 1, 1989 not be <br /> extended and that the City Council so provide and cancel and <br /> revoke the extension periods, by appropriate resolution. <br /> Very truly yours, <br /> SAMUELS, MILLER, SCHROEDER, <br /> JACKS N & SLY <br /> By <br /> EWS:nh <br /> cc: Mr. John Couter <br /> Corporation Counsel <br /> cc: Mr. Dean Simcox <br /> Real Estate Supervisor <br /> Illinois Power Company <br />