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R2017-09 Release Funding Monies to Decatur Civic Center Authority
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R2017-09 Release Funding Monies to Decatur Civic Center Authority
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1/20/2017 3:55:35 PM
Creation date
1/20/2017 3:55:35 PM
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Resolution/Ordinance
Res Ord Num
R2017-09
Res Ord Title
Release Funding Monies to Decatur Civic Center Authority
Department
Finance
Approved Date
1/17/2017
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RESOLUTION NO. R2017-0 9 <br /> RESOLUTION AUTHORIZING CITY TREASURER TO RELEASE <br /> FISCAL YEAR 2017 OPERATIONAL FUNDING MONIES TO THE <br /> DECATUR CIVIC CENTER AUTHORITY <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section 1. The City of Decatur and the Decatur Metropolitan Exposition, Auditorium <br /> and Office Building Authority ("Civic Center Authority") entered into an agreement dated <br /> December 20, 1976, amended with agreement dated March 14, 1977 and further amended with <br /> agreement dated November 24, 1980, whereby said agreements established the terms and <br /> conditions of the relationship between the parties, duties and obligations of the parties, whereby <br /> the City is obligated to pay any deficit in the operating expense incurred by the Civic Center <br /> Authority in the operation of the Civic Center Authority. <br /> Section 2. That the City Treasurer is hereby, authorized and directed to release the <br /> annual operational funding monies for the fiscal year 2017 in the amount of$409,867 payable to <br /> the Civic Center Authority. <br /> PRESENTED and ADOPTED this 17th day of January, 2017. <br /> ", jw�A)4L <br /> JULIE MOORE WOLFE,MAYOR <br /> ATTEST: <br /> CITY C <br />
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