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R2017-05 Release Annual Professional Service Contrct Payment to CICD
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R2017-05 Release Annual Professional Service Contrct Payment to CICD
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1/20/2017 3:49:42 PM
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1/20/2017 3:49:42 PM
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Resolution/Ordinance
Res Ord Num
R2017-05
Res Ord Title
Release Annual Professional Service contract Payment to the community Investment Corporation of Decatur
Department
Finance
Approved Date
1/17/2017
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RESOLUTION NO. R2017- 0 5 <br /> RESOLUTION AUTHORIZING CITY TREASURER TO RELEASE ANNUAL <br /> PROFESSIONAL SERVICE CONTRACT PAYMENT TO THE COMMUNITY <br /> INVESTMENT CORPORATION OF DECATUR <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section 1. With Council Resolution R1997-01, presented to and adopted by the City of <br /> Decatur City Council on January 6, 1997, the City of Decatur entered into a professional service <br /> relationship with the Community Investment Corporation of Decatur, Inc., for the purpose to <br /> retain and expand the economic tax base of Decatur, so as to provide increased employment <br /> opportunities, affordable housing opportunities and neighborhood improvements through the <br /> provision of financial, technical, advisory, and other assistance to individuals and entities <br /> focusing on inner city redevelopment. <br /> Section 2. That the City Treasurer is hereby, authorized and directed to release the <br /> annual contract payment for the fiscal year 2017 in the amount of $70,000 payable to the <br /> Community Investment Corporation of Decatur, Inc. <br /> PRESENTED and ADOPTED this 17'h day of January, 2017. <br /> L1&VNRrW4,1 <br /> JULIE MOORE WOLFE, A OR <br /> ATTES" <br /> y <br /> CITY CL <br />
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