Laserfiche WebLink
• . , <br /> t y � .� � <br /> ' ^ � <br /> . ' t � ORDINANCE NO. � �' 1 / � <br /> AN ORDINANCE DESIGNATING TAX INCREMENT <br /> REDEVELOPMENT PROJECT AREA <br /> - BACHRACH PROJECT - <br /> WHEREAS, the City Council has heretofore adopted and <br /> approved the Redevelopment Plan and Project with respect to which <br /> a public hearing was held on November 19 , 1990 , and meetings of <br /> the Joint Review Board were held on October 3 and October 25 , <br /> 1990; and it is now necessary and desirable to designate the area <br /> referred to in said Redevelopment Plan and Project as a <br /> Redevelopment Project Area. <br /> NOW, THEREFORE, BE IT ORDAINED, BY THE CITY COUNCIL OF THE <br /> CITY OF DECATUR, ILLINOIS: <br /> Section 1 . That the following area, described in Exhibit <br /> "A" attached hereto, is hereby designated as a Redevelopment <br /> Project Area, pursuant to para. 11-74 . 4-4 of the Tax Increment <br /> Allocation Redevelopment Act, I11. Rev. Stat. 1989 , Ch. 24 , <br /> paras. 11-74 . 4-1 et seq. (the "Act") , and said area is found to <br /> be an industrial park conservation area, pursuant to para. <br /> 11-74 . 4-3 (d) of the Act. <br /> Section 2 . This Ordinance shall be in full force and effect <br /> after passage and publication as provided by law. <br /> PRESENTED, PASSED, APPROVED R RDE this 17th day of <br /> December, 1990. <br /> G RY K. ANDER <br /> Mayor <br /> ATTEST: <br /> � <br /> ITY CL RK <br />