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HomeMy WebLinkAboutOrdinance #4399 - Redevelopment Agreement between The City of Canton and Gilliam Custom Fabrication, Joshua Gilliam CERTIFICATE THE UNDERSIGNED CERTIFIES THAT SHE IS THE CITY CLERK FOR THE CITY OF CANTON, ILLINOIS, AND THAT THE CITY COUNCIL AT' A REGULARLY CONSTITUTED MEETING OF SAID CITY COUNCIL OF THE CITY OF CANTON ON THE 16TH DAY OF APRIL, 2024, ADOPTED ORDINANCE NO. 4399, A TRUE AND CORRECT COPY OF WHICH IS CONTAINED IN THIS PAMPHLET. GIVEN UNDER MY HAND AND SEAL THIS 16TH DAY OF APRIL,2024. (SEAL) I WALTERS-SMITH ITY CLERK 1. CITY OF CANTON, ILLINOIS i ORDINANCE NO. 4 3 9 9 AN ORDINANCE RESCINDING AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF A TIF DISTRICT REDEVELOPMENT AGREEMENT BYAND BETWEEN THE CITY OF CANTON,FULTON COUNTY,ILLINOIS AND GILLIAM CUSTOM FABRICATION,LLC AND JOSHUA L.GILLIAM PASSED BY THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY,ILLINOIS, ON THE 16TH DAY OF APRIL,2024. PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY,ILLINOIS, THIS 16m DAY OF APRIL,2024. EFFECTIVE: APRIL 16,2024 i ll ORDINANCE NO. 4399 CITY OF CANTON,ILLINOIS CANTON 2—RT. 9/CHESTNUT ST.TIF DISTRICT AN ORDINANCE RESCINDING AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF A TIF DISTRICT REDEVELOPMENT AGREEMENT by and between THE CITY OF CANTON and GILLIAM CUSTOM FABRICATION,LLC AND JOSHUA Li GILLIAM WHEREAS,the Mayor and City Council of the City of Canton,Fulton County, Illinois (the "City") previously approved a TIF District Redevelopment Agreement by and between the City of Canton and Gilliam Custom Fabrication, LLC and Joshua L. Giliam (collectively the "Developer") on November 21,2023 by Ordinance No.4377. i NOW THEREFORE,be it ordained by the Mayor and City Council';of the City of Canton, Illinois,as follows: 1. On November 21,2023,the Corporate Authorities of the City of Canton,Illinois approved a TIF District Redevelopment Agreement (the "Redevelopment Agreement's with Gilliam Custom Fabrication,LLC and Joshua L. Gilliam by Ordinance No. 4377 for a redevelopment project to be located at 920 W.Locust St. (PIN #s 09-08-28-404-0018i 09-08-28-404-002)in the Canton 2-Rt. 9/Chestnut St. TIF District(the"Project"). 2. The Developer has not yet executed said Redevelopment Agreement and has communicated to the City that it will no longer be pursuing the Project as previously proposed. 3. The City hereby rescinds Ordinance No.4377 approving said Redevelopment Agreement. 4. This Ordinance shall be in full force and effect from and after its passage and approval as required by law. iii PASSED APPROVED AND ADOPTED by the Mayor and City Council of the City of Canton,Fulton County,Illinois this 16'day of April,2024 and filed in the office of the City Clerk of said City on that date. i CORPORATE AUTHORITIES AYE VOTE NAY VOTE ABSTAIN ABSENT Angie Lingenfelter Andra Chamberlain Patrick Ketcham i Ralph Grimm Greg Gossett Justin Nelson I John Lovell xj Angela Hale Kent McDowell,Mayor TOTALS 8 APPROVED: V`� Date / /'2024 WaYitY ATTEST: Date: /2024 �ity Clerk, City of Canton j i I 1 iv