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... ,'�� , -�: <br /> � ����� <br /> • ORDINANCE NO. / `j - � c�� <br /> ORDINANCE AMENDING ECONOMIC DEVELOPMENT <br /> BOND ENABL•ING ORDINANCE <br /> BE IT ORDAINED BY THE COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section l. That ordinance no. 5768 passed, approved and <br /> recorded the Sth day of February, 1978 , entitled: <br /> ORDINANCE AUTHORIZING ACQUISIT�ON, CONSTRUCTION <br /> AND FINANCING POLLUTION CONTROL FACILITIES AND <br /> ECONOMIC DEVELOPMENT PROJECTS AND THE LEASE, <br /> SALE AND FINANCING THEREOF TO OR FOR ANY PERSON, <br /> AND PROVIDING FOR THE ISSUANCE OF REVENUE BONDS , <br /> AND ESTABLISHING PROCEDURES IN RESPECT THERETO <br /> as amended be , ar.d the same is hereby further amended at Section <br /> 1 . (1) thereof so that said section as so amended shall provide <br /> as follows : <br /> ' {1) "economic development project" means any land, <br /> interest in land, building, structure , facility, system, <br /> fixture, improvement, addition, appurtenance, machinery <br /> or equipment or any combination thereof, and all real and <br /> personal property deemed necessary in connection therewith, <br /> suitable for use, including but not limited to , as a <br /> manufacturing, industrial, commercial, professional , <br /> business , lodging, office, storage, transportation, <br /> warehouse, research, sales or repair facility, by any <br /> person, provided that the existence of such economic <br /> development project will create or retain employment <br /> opportunities in the municipality. <br /> Section 2. That said ordinance be, and the same is hereby, <br /> further amended at Section 2 . thereof so that said section as so <br /> amended shall provide as follows : <br /> Section 2. Legislative Declaration of Purpose. It is <br /> hereby determined and declared that the purpose of this <br /> Ordinance is to provide a financing device which will aid in <br /> financing the cost of projects in order to relieve <br /> conditions of unemployment and to encourage the increase <br /> of commerce and industry within the municipality, thereby <br /> reducing the evils attendant upon unemployment and to provide <br />