Loading...
HomeMy WebLinkAboutOrdinance #4424 - Redevelopment Agreement by and between The City of Canton and Michael & Heather Blessman (50 E. ELm St) 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 17TH DAY OF SEPTEMBER, 2024 ADOPTED ORDINANCE NO. 4424. A TRUE AND CORRECT COPY OF WHICH IS CONTAINED IN THIS PAMPHLET. GIVEN UNDER MY HAND AND SEAL THIS 17TH DAY OF SEPTEMBER,2024. (SEAT.,) 1�41)REAJ,/SMITH-WALTERS CITY CLERK CITY OF CANTON, ILLINOIS ORDINANCE NO. 4 4 2 4 AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF A CANTON BUSINESS DEVELOPMENT DISTRICT NO. 1 REDEVELOPMENT AGREEMENT by and between THE CITY OF CANTON, FULTON COUNTY, ILLINOIS and MICHAEL BLESSMAN AND HEATHER BLESSMAN (50 E. EIm St.) PASSED BY THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY, ILLINOIS, ON THE 17TH DAY OF SEPTEMBER, 2024. PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY, ILLINOIS, THIS 17"� DAY OF SEPTEMBER, 2024. EFFECTIVE: SEPTEMBER 17, 2024 2 ORDINANCE NO. 4424 CITY OF CANTON, ILLINOIS AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF A BUSINESS DEVELOPMENT DISTRICT NO. 1 REDEVELOPMENT AGREEMENT by and between THE CITY OF CANTON and MICHAEL BLESSMAN AND HEATHER BLESSMAN (50 E. Elm St.) WHEREAS, the Mayor and City Council of the City of Canton, Fulton County, Illinois (the "City"), have hereby determined that the Canton, Illinois Business Development District No. 1 Redevelopment Agreement by and between the City of Canton and Michael Blessman and Heather Blessman (the "Developer") attached hereto as Exhibit `A,"is in the best interest of the citizens of the City of Canton. NOW THEREFORE,be it ordained by the Mayor and City Council of the City of Canton, Illinois,in the County of Fulton, as follows: 1. The City of Canton, Illinois Business Development District No. 1 (the "Business District") Redevelopment Agreement attached hereto as Exhibit 'A"is hereby approved. 2. The Mayor is hereby authorized and directed to enter into and execute on behalf of the City said Business District Redevelopment Agreement and the City Clerk of the City of Canton is hereby authorized and directed to attest such execution. 3. The Mayor is hereby further authorized to approve a single forty-five (45) day extension of the Developer's obligation to complete the Project and verify eligible expenses if such extension is requested by the Developer in writing on or before April 30, 2025. 4. The Business District Redevelopment Agreement shall be effective the date of its approval on the 17" day of September,2024. 5. This Ordinance shall be in full force and effect from and after its passage and approval as required by law. (The irmainder of this page is intentionally left blank.) 3 PASSED APPROVED AND ADOPTED by the Mayor and City Council of the City of Canton this 17'' day of September, 2024. MAYOR&ALDERMEN AYE VOTE NAY VOTE ABSTAIN/ABSENT Angie Lingenfelter Andra Chamberlin Patrick Ketcham Ralph Grimm Greg Gossett Justin Nelson John Lovell Angela Hale Kent A.McDowell,Mayor TOTAL VOTES 8 APPROVED: 4eDate 1-b/2024 ayor,City of Canton ATTEST: — Date: O /2024 ity Clerk, City of Canton ATTACHMENTS: 1. EXHIBIT A. City of Canton,Illinois Business Development District No. 1 Redevelopment Agreement by and between the City of Canton and Michael Blessman and Heather Blessman. 4 EXHIBIT A CITY OF CANTON, ILLINOIS BUSINESS DEVELOPEMNT DISTRICT NO. 1 REDEVELOPMENT AGREEMENT by and between THE CITY OF CANTON and MICHAEL BLESSMAN AND HEATHER BLESSMAN (50 E. Elm St.) 5 CITY OF CANTON, ILLINOIS BUSINESS DEVELOPMENT DISTRICT NO. 1 REDEVELOPMENT AGREEMENT by and between CITY OF CANTON, ILLINOIS and MICHAEL BLESSMAN AND HEATHER BLESSMAN (50 E. Elm St.) SEPTEMBER 17, 2024 CITY OF CANTON, ILLINOIS BUSINESS DEVELOPMENT DISTRICT NO. 1 REDEVELOPMENT AGREEMENT by and between CITY OF CANTON, ILLINOIS and MICHAEL BLESSMAN AND HEATHER BLESSMAN (50 E. Elm St.) THIS AGREEMENT (including Exhibits, hereinafter referred to as the "Agreement") is entered into this 17'day of September,2024,by the City of Canton(the"City"),an Illinois Municipal Corporation, Fulton County, Illinois, and Michael Blessman and Heather Blessman (the "Developer"). PREAMBLE WHEREAS, the City has the authority to promote the health, safety,and welfare of the City and its citizens and to encourage development, job creation, and/or the full utilization of real estate; and WHEREAS,pursuant to the Illinois Business District Development and Redevelopment Act (65 ILCS 5/11-74.3-1 et seq.), as amended (the "Act' , the City established the Canton Business Development District No. 1 (the "Business District" or "BDD") on March 15, 2022, by approving Ordinance No. 4281;and WHEREAS,on September 30,2022,the City approved the First Amendment to the Business District by approving Ordinance No. 4307 and further ratified the First Amendment on October 5, 2022 by approving Ordinance No. 4315;and WHEREAS, pursuant to Illinois Statute 65 ILCS 5/8-1-2.5, the City has the authority to appropriate and expend funds for economic development purposes;and WHEREAS,pursuant to the Act, the City has the authority to incur eligible business district project costs and may enter into agreements with developers to reimburse them for their eligible business district project costs;and WHEREAS,the Developer owns property located within the Business District at 50 E. Elm St. (PIN 09-08-27-416-001),which is hereinafter referred to as the"Property;" and based in part on incentives made available by the City, the Developer shall proceed with plans to undertake exterior rehabilitation,repair and renovation of the building relating to the roof and brick tuckpointing located on the Property at a total estimated cost of$47,765 (the"Project';and WHEREAS, the Developer's proposed Project is consistent with the land uses of the City and the Business District Plan as adopted;and WHEREAS, as an incentive to undertake the Project, the Developer has requested reimbursement for a portion of its BDD eligible project costs as described in Exhibit "1"attached hereto and as further evidenced by the Developer's Application for Reimbursement of Private BDD Eligible Redevelopment Project Costs attached hereto as Exhibit "2;"and 2 WHEREAS, the City has determined that this Project requires the incentives requested and that said Project will promote the health, safety and welfare of the City and its citizens by attracting private investment to redevelop under-utilized property, to provide employment for its citizens, and generally to enhance the local economy;and WHEREAS,in consideration of the execution of this Agreement and in reliance thereon,the Developer is prepared to redevelop said property;and WHEREAS, the City is entering into this Agreement to induce the Developer to complete the Project located on the Property. AGREEMENTS NOW, THEREFORE, for good and valuable consideration, the receipt of which is acknowledged,the Parties agree as follows: A. PRELIMINARY STATEMENTS 1. The Parties agree that the matters set forth in the recitals above are true and correct and form a part of this Agreement and are to be construed as binding statements of this Agreement. 2. Any terns which are not defined in this Agreement shall have the same meaning as they do in the Act,unless indicated to the contrary. 3. The Developer agrees to complete the Project and verify eligible project costs as required in Section `E"below on or before April 30, 2025, subject to exception of Force Majeure as described in Section "I"below. 4. For the purpose of this Agreement, the Developer's Project will be deemed to be complete when the exterior improvements described in Exhibit "I"are completed in compliance with all applicable ordinances and building codes of the City, and the eligible project costs have been verified by the Developer pursuant to Section "E"below. 5. Each of the Parties represents that it has taken all actions necessary to authorize its representatives to execute this Agreement. B. INCENTIVES In consideration for the Developer completing its Project,the City agrees to extend to the Developer the following incentives to assist the Developer's Project: 1. Upon the timely completion of the Project and verification of Business District eligible project costs incurred in furtherance of the Project by the Developer pursuant to Section "E"below, the City shall reimburse the Developer a single,lump-sum amount not to exceed Twenty Five Percent (25%) of the verified eligible project costs incurred for the Project or Twelve Thousand and 00/100 Dollars ($12,000.00), whichever is less, and as may be payable from the Canton BDD Special Tax Allocation Fund pursuant to the Act. 3 C. LIMITATION OF INCENTIVES TO DEVELOPER 1. The Developer shall be reimbursed by the City, subject to the limitations of Section "B" above, from the Business District Tax Allocation Fund, but only up to an amount not to exceed$12,000.00. D. OBLIGATIONS AND RESPONSIBILITIES OF DEVELOPER 1. The Developer shall timely complete the Project located on the Property. Failure of the Developer to timely complete such the Project as set forth herein will result in the denial of the reimbursements to be otherwise made hereunder. 2. The failure of the Developer to provide any information reasonably required herein after notice from the City,and the continued failure to provide such information within 30 days to the City after such notice shall be considered a material breach of this Agreement and shall be cause for the City to deny payments hereunder to the Developer, which payments are conditional upon receipt of the forgoing information. 3. The Developer agrees to execute any and all documents necessary to effectuate the provisions of this Agreement. E. PAYMENT OF ELIGIBLE PROJECT COSTS 1. To receive the incentives set forth in Section `B" above, the Developer must submit documentation evidencing all Business District Eligible Project Costs incurred by it with respect to the Project on or before April 30, 2025. Satisfactory evidence of such costs shall include verified bills or statements of suppliers, contractors, or professionals together with mechanic's lien waivers (whether partial or full), cancelled checks, statements or invoices marked paid from each of the parties entitled to payment with respect to work done for the Project,or other proofs payment for such bills,statements,or invoices for such costs. 2. Absent the City's written consent for an extension provided to the Developer, any costs submitted after April 30,2025,will not be eligible for reimbursement. a. Upon receiving written request from the Developer on or before April 30, 2025, the Mayor may grant to the Developer one extension of up to forty-five (45) days to complete the Project and comply with Section "E(1)"above. 3. Payment to the Developer for BDD Eligible Project Costs as set forth by the BDD Act shall be made by the City following submission by Developer of a final Requisition for Payment of Private Development Redevelopment Costs (the "Requisition") attached hereto as Exhibit 'U"to Jacob & Klein, Ltd. and the Economic Development Group, Ltd. (collectively the `BDD Administrator"), and the BDD Administrator's approval of the BDD eligible project costs and the availability of funds in the Canton BDD Special Tax Allocation Account. 4. If any costs which are submitted by the Developer are not approved by the Administrator,the reasons for disallowance will be set forth in writing and the Developer may resubmit the costs with such additional information as may be required and the same procedures set forth herein shall apply to such re-submittals. 4 5. All Business District Eligible Project Costs which have been approved shall then be paid pursuant to the terms set forth in Section "B"above. F. LIMITED OBLIGATION OF CITY The City's obligation hereunder to reimburse the Developer as stated herein is a limited obligation. Said obligation does not now and shall never constitute an indebtedness of the City within the meaning of any State of Illinois constitutional or statutory provision and shall not constitute or give rise to a pecuniary liability of the City or a charge or lien against any City fund nor obligate the City to utilize its taxing authority to fulfill the terms of this Agreement. G. LIMITED LIABILITY OF CITY TO OTHERS FOR DEVELOPER'S EXPENSES There shall be no obligation by the City to make any payments to any person other than the Developer, nor shall the City be obligated to make payments to any contractor, subcontractor, mechanic, or materialman providing services or materials to the Developer for the Project. H. DEFAULT; CURE; REMEDIES In the event of a default under this Agreement by any Party hereto (the "Defaulting Party"), which default is not cured within the cure period provided for below,then the other Party(the"Non- defaulting Party") shall have an action for damages, or in the event damages would not fairly compensate the Non-defaulting Party's for the Defaulting Party's breach of this Agreement,the Non- defaulting Party shall have such other equity rights and remedies as are available to them at law or in equity. Any damages payable by the City hereunder shall be limited to the Municipal Sales Tax Revenues payable under the terms of this Agreement. In the event a Defaulting Party shall fail to perform a monetary covenant which it is required to perform under this Agreement,it shall not be deemed to be in default under this Agreement unless it shall have failed to perform such monetary covenant within thirty(30) days of its receipt of a notice from a Non-defaulting Party specifying that it has failed to perform such monetary covenant. In the event a Defaulting Party fails to perform any non-monetary covenant as and when it is required to under this Agreement,it shall not be deemed to be in default if it shall have cured such default within thirty (30) days of its receipt of a notice from a Non-defaulting Party specifying the nature of the default, provided, however, with respect to those non-monetary defaults which are not capable of being cured within such thirty(30) day period,it shall not be deemed to be in default if it commences curing within such thirty (30) day period, and thereafter diligently and continuously prosecutes the cure of such default until the same has been cured. I.TIME; FORCE MAJEURE For this Agreement,time is of the essence. The Developer agrees to complete the Project on or before April 30, 2025, subject to extension due to Force Majeure (defined below). Failure to do so shall be cause for the City to declare the Developer in default and unilaterally terminate the Agreement after notice and the opportunity to cure as provided in Section H. However,the Developer and the City shall not be deemed in default with respect to any obligations of this Agreement on its part to be performed if the Developer or the City fails to timely perform the same and such failure is due in whole, or in part, to any strike,lock-out,labor trouble (whether legal or illegal), civil disorder, 5 inability to procure materials, weather conditions, wet soil conditions, failure or interruptions of power, restrictive governmental laws and regulations, condemnation, riots, insurrections, war, fuel shortages,accidents,casualties,Acts of God or any other cause beyond the reasonable control of the Developer or the City. J.ASSIGNMENT The rights (including,but not limited to, the right to payments contemplated by Section "B" of this Agreement) and obligations (or either of them) of the Developer under this Agreement shall not be assignable. K. WAIVER Any Party to this Agreement may elect to waive any remedy it may enjoy hereunder,provided that no such waiver shall be deemed to exist unless the Party waiving such right of remedy does so in writing. No such waiver shall obligate such Party to waive any right of remedy hereunder or shall be deemed to constitute a waiver of other rights and remedies provided said Party pursuant to this Agreement. L. SEVERABILITY If any section, subsection, term or provision of this Agreement or the application thereof to any Party or circumstance shall, to any extent, be invalid or unenforceable, the remainder of said section, subsection, term or provision of this Agreement or the application of same to parties or circumstances other than those to which it is held invalid or unenforceable, shall not be affected thereby. M.NOTICES All notices,demands,requests,consents,approvals or other instruments required or permitted by this Agreement shall be in writing and shall be executed by the Party or an officer,agent or attorney of the Party,and shall be deemed to have been effective as of(i) the date of actual delivery,if delivered personally,or(ii)as of the third(31 day from and including the date of posting,if mailed by registered or certified mail, return receipt requested, with postage prepaid or (iii) the next business day if sent overnight delivery using a nationally recognized delivery service,addressed as follows: TO CITY TO DEVELOPER City of Canton Michael Blessman and Heather Blessman `/o City Clerk 26280 Oak Leaf Ln. 2 N. Main Street Canton,Illinois 61520 Canton,Illinois 61520 Ph: (309) 647-0065 Ph: (309) 338-1969 With copy to City BDD Administrator. With copy to: Jacob&Klein,Ltd. and The Economic Development Group,Ltd. 1701 Clearwater Avenue Bloomington, Illinois 61704 Ph: (309) 664-7777 6 N. SUCCESSORS IN INTEREST Subject to the provisions of Section "J"above, this Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors and assigns. O. NO JOINT VENTURE,AGENCY, OR PARTNERSHIP CREATED Neither anything in this Agreement nor any acts of the Parties to this Agreement shall be construed by the Parties or any third person to create the relationship of a partnership,agency,or joint venture between or among such Parties. P. LIMITATIONS OF LIABILITY As it relates to this Agreement, no recourse under or upon any obligation, covenant or agreement of this Agreement or for any claim based thereon or otherwise in respect thereof shall be had against the City, its officers, agents and employees, in excess of any specific sum agreed by the City to be paid to Developer, hereunder, subject to the terms and conditions herein, and no liability, right or claim at law or in equity shall attach to or shall be incurred by its officers,agents and employees in excess of such amounts, and all and any such rights or claims of Developer against the City, its officers, agents and employees are hereby expressly waived and released as a condition of and as consideration for the execution of this Agreement by the City. Q. ENTIRE AGREEMENT The terms and conditions set forth in this Agreement supersede all prior oral and written understandings and constitute the entire agreement between the City and the Developer with respect to the subject matter hereof. R. TERM OF THE AGREEMENT Notwithstanding anything in this Agreement to the contrary, this Agreement shall expire on April 30, 2025, or upon the Developer receiving the incentives provided for in Section `B"above. The Agreement shall expire sooner upon default by the Developer of this Agreement after applicable notice and cure periods. S. ILLINOIS PREVAILING WAGE ACT It is the understanding of the Parties that the position of the Illinois Department of Labor(the "Department") is that the Illinois Prevailing Wage Act does not apply to Sales Tax Reimbursements received by private developers as reimbursement for private redevelopment project costs. This position of the Department is stated as an answer to a FAQ section on the Department's website.' The Developer shall indemnify and hold harmless the City,and all City elected or appointed officials, officers, employees, agents, representatives, engineers, consultants, and attorneys (collectively, the "indemnified Parties"), from any and all claims that may be asserted against the Indemnified Parties or one or more of them, in connection with the applicability, determination, and/or payments made under the Illinois Prevailing Wage Act (820 ILCS 130/0.01 et. seq.), the Illinois Procurement Code, and/or any similar State or Federal law or regulation. This obligation to indemnify and hold harmless obligates Developer to defend any such claim and/or action, pay any liabilities and/or penalties imposed, and pay all defense costs of City, including but not limited to the reasonable attorney fees 'SeeonGne: httl2s://labondlinois.gov/. 7 of City. Failure to comply with any of these requirements may cause all benefits hereunder to be terminated by the City. T. OTHER GENERAL PROVISIONS 1. Titles of Paragraphs: Tides of the several parts, paragraphs, sections, or articles of this Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any provisions hereof. 2. Amendments to this Agreement. The Parties hereto may amend this Agreement at any time by their mutual consent which amendment must be in writing and executed by the Parties. 3. Warranty of Signatories: The signatories of Developer warrant full authority to both execute this Agreement and to bind the entity in which they are signing on behalf of. 4. Counterparts:This Agreement may be executed in counterparts,which when taken together shall constitute a single signed original as though all Parties had executed the same page. 5. Choice of Law/Venue: This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois with venue lying in the Circuit Court of Fulton County, Illinois. THIS AGREEMENT IS INTENDED TO BE A LEGAL DOCUMENT. AN ATTORNEY AT LAW SHOULD BE CONSULTED PRIOR TO THE EXECUTION OF THIS DOCUMENT. IN WITNESS WHEREOF the Parties hereto have caused this Agreement to be executed by their duly authorized officers on the above date at the City of Canton,Illinois. CITY DEVELOPER CITY OF CANTON, ILLINOIS,an Illinois MICHAEL BLESSMAN,individually Municipal Corporation BY: BY: Michael Blessman ayor Q Date: LA Date: -[ 20 7CC TED Y: HEATHER BLESSMAN,individually lerk Date: BY: AHeaher-Blessman Date: EXHIBITS: Exhibit 1. Estimated BDD Eligible Project Costs Exhibit 2. Application for BDI7 Benefits Relating to Private BDD Eligible Redevelopment Project Costs as submitted by Michael Blessman and Heather Blessman Exhibit 3. Requisition for Payment of Private Development Redevelopment Costs 8 EXHIBIT 1 ESTIMATED BDD ELIGIBLE PROJECT COSTS Michael Blessman and Heather Blessman City of Canton,Fulton County, Illinois / Canton BDD No. 1 Project Description: Developer shall proceed with plans to undertake exterior rehabilitation,repair and renovation of the building relating to the roof and brick tuckpointing located on the Property at a total estimated cost of$47,765. Property: 50 E. Elm St.,Canton, Illinois PIN 09-08-27-416-001 SECT/LOT: 39 JONES SECOND ADDITION W45.5 N77.9 DI's O TIQ s Estimated BDD Eligible Project Costs: Exterior roof rehabilitation,repair,and renovation (materials&contracted labor)..........................$41,265 Exterior tuck-pointing rehabilitation,repair,and renovation (materials&contracted labor)............ $6,500 Total Estimated BDD Eligible Project Costs...................................................... I The total,cumulative reimbursement of BDD Funds for BDD Eligible Project Costs payable by the City to the Developer shall not exceed 25%of verified BDD eligible project costs incurred by the Developer or$12,000.00,whichever is less as set forth in this Redevelopment Agreement. 9 EXHIBIT 2 APPLICATION FOR BDD BENEFITS RELATING TO PRIVATE BDD ELIGIBLE REDEVELOPMENT PROJECT COSTS as submitted by MICHAEL BLESSMAN AND HEATHER BLESSMAN (50 E. Elm St.) (See following pager as attached) City of Canton, lllinois Canton Business Development District(BDD)No.}Ita.eateer r/rflrural City of Canton,IRinoia/2 N.Malys St.,Canton,IL 61520 Ph:(309)647-W65 APPLICATION FOR REIMBURSEMENT OF PRIVATE BDD ELIGIBLE REDEVELOPMENT PROJECT COSTS App6antName: 81eSsrtia.n llearf4 tglecclw n Applicant MwhngAddress: 11210 OOX L.004 IM (p l,SLO ApplicantDaytimcPhone: 309 338-116Y Applicant EmailAddress: th'1b S3�4^SBS�-4/0 •� T4 L(S?P Subject Propctt}'s Site Address 50 G. hfret s-- C&"ron i Subject Proper Fulton County Property Tax ID a Property Owner Name(s)if differentthan Applicant Typc,,f Property rrhrrk alllhat*00- R7C.ommemil/Retail; ❑Professional Office; ❑ I ALL+ al: ❑ Residential Anuapatcd Project Stet Date: _ A $15110 L f and Esdnutrcd Project Completion Date: Q o 1 ,.�— 1Q(�B 1].o7,F Numhcr of new jobs,ifany,t at oral created as a result of this Project FulI-time New annual retail sales anuupatcd to occur,if z y,as a result of the proposed improvements: S q 6rSoo,00 Y--77fo�00Island/building m i rovementL Total Projected Investment for Project S ,of which$ 1 P LL5.�� Estimated BDD Eligible Project Costs(;h"a A detailed litl mrd de-Ption,as sve/l as brdr for rontratied arorki: 1. Professions;feu'e.g.,engineering,arrhitectwal,:egzn,accounong,plans,mukcdng).•••.$ 2. Acquisiraon cost of land and bindings punch sed if=. 3/1 S/2022...................._....._...5 exclvation,love• / din of land)...._.._._..._....-.....3 3. Site prepanaon(e.g.,drmolirioo, �g gra B trgs....._._.__.. S y_ q. F�L1C[rehab,repot,remodeling,reconstruction of existing bildi +7&Ss 00 5. 1 ircrior rehab,rcaair,remodeling,ma)nstruction of vacant,underutilized space............$ 6. Construction of new budding................._.. ...._..........................._....._............_._...__....__.S 7. Construction or repair of private parking lot and/or driveway........_..................__....._...... .5 g. Construction or repair of public infristtue:ore....._........................... ..........._____.._......3 TOTAL ESTIMATED BDD ELIGIBLE PROJECT COSTS:................................_S±Z,765.00 FOR CITY USE: Signed applicar—received by the City of Canton on dam:,/__/_—by l�tv F-nancc(imunmcc ycort•.mendauon: ❑Approved for Amount:S an dare._ (auaaS newt&tad m n,,.d,' Notes/instr c uns: fsuac6 store d knl ur nmtidJ UDD Appiiotiun forwarded to Gty's BDD Adaumstwn un data _/ Dam of Appmved Redevelopment Agreement;`/—/-- Verified BDD F.hlable Pn>feu Costs: S Amount reimbursed by Cry to AppSnnr.5 by Check No. un uzw -I- 10 S. The City of Canton reserves the right to accept BDD Applications from tht the City l Applicants who undertake projects the City deems to be compliant with the Act and for pn>Accts chat the City hdieves awl further stimulate the type of redcvc!opment that is consistent with the Canton liun t ness Development District No 1 Redevelopment Plan,and Projects. Tlie Canton City Council shall exercise its authority pursuant to the Act to reimburse private rcdcvclopmcnr project costs us such amounts chat are deemed to he in the best interests of the citizens of the City of Cammn. G. Applicants must,in advance of rereiving BDD funds-a)verify that the most recent real estate tax bill(s) have been paid for the Property;and b)verify BDD eligible project costs in an amount equal to or greater than the amount approved by the City CounciL BDD Funds are paid by the City of Canton to Applicants: a, with whom the City Council has approved a written redevelopment agreement by City Ordinance; b. upon completion of the Project and terms of the redevelopment agreement;and C. following the Verification of BDD eligible project costs that have been incurred by the Applicant- no exceptions. The Citys obligation hereunder to pay BDD funds for eji c project costs is a Lmited obligation to be paid solely from the Canton 8DD No. 1 Spectal Tax Allocacon Fund,unless otherwise specified in the redevelopment agreement. 7. 1,is the understanding of the City and the App!icant that the position of the 1lLnots Department of labor is that the Illinois Prevailing Wage Act does not currently apply to sales tax incentives,such as BDD funds, that arc received by private Devdnpc n as reimbursement for BDD hligible Project Costs-This position of the Department of tabor is available online At: hup //�se•wnilhnri«n/id+l/1'\(1 (Psec/nrcvsilittt s^ivc-t,_1. ns#o<r16. Any project costs incurred by the Developer within a pubhe right-of-way or for which the improvements are intended to be dedicated tts the Gty arc subject to the prevaiLng Wage Act. S. All Applications are subject to review by the City Finance Committee prior to Oty Council approval. The undersigned certifies and warrants that to the best of his/her knowledge the information contained in and attached to this Application Form is true,correct,and complete and furthermore agrees to the tetrm and conditions provided herein. Nothing contained in this BDD Application shaU be construed by the City or the Applicant or any third person to c-sate the relationship of a partnership,agency,or joint venture between the City and the Applicant- arc:arc: AA Applicant Signacurcc 7, �,p./_ / &Applicant is the Owner of Subject Property ❑Applicant is Tenant of Subject Property for which Appendixe4 has been completed and attached hereto. I i Here is the information about the 50 E Elm St rehabilitation project needed to apply for any potential reimbursement funds. The building is in need for a new roof and tuck pointing. Roof Project: Contractor Hoithaus Companies Inc. Roofing contractors Contact Nick Orwig Start date 10/28/2024-tentative to existing projects Cost $41,265.00 Description The roof has a number of small leaks that have increased in size over the past couple of years. Due to the age of the roof, insurance would not pay any amount to repair/replace. The condition of the roof has deteriorated since the gas explosion in 2016 which caused ripples across the surface. The insurance company at the time paid for window and door damage but would not pay for any roof damage and dropped the client before a dispute could be filed. Nick Orwig evaluated the condition of the roof and deemed a new roof is needed to keep the building in excellent condition. Tuck Pointing Project: Contractor josh Rediiger Start date 8/5/2024 Cost $6500.00 Description Tuck pointing and brick replacement/repair was needed on the west and south side of the property. Both sides have deteriorated to a point that bricks were disintegrating and pieces were falling off. This was visually and structurally significant to the future of the building. Both of these projects are needed for the future use of this building. If any additional information is needed,please don't hesitate to ask. Thank you for taking the time to potentially helping rehabilitate this property. 12 i i ! Ilolthau[s Companies Inc. Roofing Contractors Proposal TO:Mr.Mike Blessman PHONE DATE 50 East Elm St. (309)613-2068 1 4/3/2024 JOB NAME/LOCATION Cantons 1Z 61520 Install a new Dtrro-Last roofing system on the upper&lower roofs of the Di's Boutique Building located at 50 East Elm St.in Canton,IL. JOB NUMBER: JOB PHONE: - #24086 We hereby submit specification and estimates for material and labor as follows • Tear off and dispose of the existing single ply roofing,flashings,accessories,and top layer of insulation down to the existing asphalt roofing.Asphalt roofing to remain. • Remove and dispose of existing clay tile parapet copings. • Provide and install new 2"nominal thickness lumber to serve as wood nailers where existing clay copings were removed. • Mechanically attach I layer of Duro-Guard fanfold roof insulation over the existing remaining asphalt roofing to serve as a recovery board. • Mechanically attach.050"thick Duro-Tuff roofing membrane to the existing roof construction. • Mechanically attach Duro-Last flashing membrane to the existing parapet walls.All East&West walls and North wall of upper roof to be encapsulated. • Install Duro-Last factory fabricated accessories such as;two-way roof vents,curb and pipe flashings,termination bars and covers,metal edge details,walkway pads,drain details,caulking,etc. • Provide and install new fascia boards,aluminum fascia cover,6"seamless aluminum gutters,and aluminum downspouts at the eave of the roofs. Note#1:Repair and/or replacement of deteriorated substrate materials,above and beyond what is stated above,is not included in this proposal.Removal and replacement of deteriorated roofing,insulation,decking and all other repairs,not stated above,will be performed at a rate of S90.00 per hour plus the cost of materials. Note#2:HCI will make every attempt to protect the existing roof top HVAC units,from damage,during the installation of the new roof system.However,HCI accepts no liability for any damages to the existing roof top units,electric lines and/or freon line sets going to those units during or after the installation of the new roofing system.Repairs to these units are the owner's responsibility. Note#3:A Fifteen Year Total Labor and Material Warranty will be issued by Duro-Last Roofing,Inc.upon completion of the work. Alternate#I:Provide a 20 year total labor and material warranty in place of the above stated 15 year wananty. *Requires roof inspections at years 15&18 by Duro-Last Representative at additional costs. Add 10 . to the base bid.Initials X Alternate#2:Remove and dispose of existing vinyl siding,windows,trim,and accessories on the wall between the lower and upper roofs.Provide and install new fanfold wall insulation,house wrap,vinyl replacement windows,aluminum window wraps, vinyl siding,and all trim pieces to complete siding and window project. Add$6,850.00 to the base bid.Initials X We appreciate the opportunity to make this presentation.Thank You!! We Propose hereby to furnish material and labor-complete in accordance with the above specifications,fur the sum of Forty One Thousand.Two Hundred Sixty Five and 001100 Dollars S41 65.00. Payment:o Ix made as follows,riay pea ant of contract amount made payable at contact mceprance with the remaimng halaace due upon compinion of the worts In the ant the Customer lial to ply for the labor and materials when due the Customer shall Iny all costs and ex of md[ colleclton incutred the Coin n im wuhout limaa'on reasotWbic artom ,fees. Al: dd i.1p-se�eed b le.,ep«irrcJ.All vnrk N be con,pided,a a a-kmarlike m.r�mr sacra,"I.—de d I prac:ices. .,It b[Liao«dmdlon fiom above[pccif tiont involving<aa—wll r4-pad only apscc n.. Authorized S - urJa,..n,:wJlbmom<anam 3rge over and Waw ux u!im.¢Aa epeemam codmeaa upon uiier.a<ciaaa« delay[beyond ow—ol.Propmy awnet la cuTy lire,tornado.and aher accessary ie.or.o e.Ore wo:kd.are tally SiariaNre [,by wakm�s C.vrpertvtwn ta:„ao<e All b.l.—.a der[wilbir.30 d.a,of—e".f nam•1.C—parnes Nicholas S.0mill Inc nvolcee Ali u.palbalances bc)-A lke 30 day...wbde<1 m.1.5%maahty h,[chage. Note;This Prwml may be withdrawn by us if not ted wide SO der . Acceptance Of Proposal The above prices,specifications and conditions are satisfactory and are hereby accepted. You arc authorized to do the work as specified. Signature payment will be made as outlined above Date of Acceptance: 875 East Linn St,Canton,IL 61520 _ OURO►LAST. Ph:(309)647-9209 Fax(309)647-9277tzi � www.holthausroofing.com IL Roofing License#104.007039 13 EXHIBIT 3 CITY OF CANTON,ILLINOIS CANTON BUSINESS DEVELOPMENT DISTRICT (BDD) NO. 1 PRIVATE PROJECT REQUEST FOR VERIFICATION OF BDD ELIGIBLE PROJECT COSTS by MICHAEL BLESSMAN AND HEATHER BLESSMAN (50 E. Elm St.) Date Attention: City BDD Administrator,City of Canton,Illinois Re: BDD Redevelopment Agreement,dated September 17,2024 by and between the City of Canton, Illinois, and Michael Blessman and Heather Blessman (the "Developer") The City of Canton is hereby requested to disburse funds from the Canton BDD Special Tax Allocation Fund pursuant to the Redevelopment Agreement described above in the following amount(s), to the Developer and for the purpose(s) set forth in this Request for Reimbursement. The terms used in this Request for Reimbursement shall have the meanings given to those terms in the Redevelopment Agreement. 1. REQUEST FOR REIMBURSEMENT NO. ❑ This is the final request for verification of BDD eligible project costs (Developer initials) 2. REIMBURSEMENT PAYABLE TO: Michael Blessman and I-Ieather Blessman 3. AMOUNTS REQUESTED TO BE DISBURSED: Description of BDD Eligible Project Cost Amount Total 4. The amount requested to be disbursed pursuant to this Request for Reimbursement will be used to reimburse the Developer for Redevelopment Project Costs for the Project detailed in Exhibit"I"of the Redevelopment Agreement. 14 5. The undersigned certifies that: (i) the amounts included in (3) above were made or incurred or financed and were necessary for the Project and were made or incurred in accordance with the construction contracts, plans and specifications heretofore in effect;and (h) the amounts paid or to be paid,as set forth in this Request for Reimbursement,represent a part of the funds due and payable for BDD Eligible Project Costs;and (iii) the expenditures for which amounts are requested represent proper Redevelopment Project Costs as identified in the `limitation of Incentives to Developer" described in Section "C" of the Redevelopment Agreement, have not been included in any previous Request for Reimbursement, have been properly recorded on the Developers books and are set forth with invoices attached for all sums for which reimbursement is requested,and proof of payment of the invoices;and (iv) the amounts requested are not greater than those necessary to meet obligations due and payable or to reimburse the Developer for its funds actually advanced for Redevelopment Project Costs;and (v) the Developer is not in default under the Redevelopment Agreement,and nothing has occurred to the knowledge of the Developer that would prevent the performance of its obligations under the Redevelopment Agreement. 6. Attached to this Request for Reimbursement is Exhibit "I"of the Redevelopment Agreement, together with copies of invoices,proof of payment of the invoices,and Mechanic's Lien Waivers relating to all items for which reimbursement is being requested. BY: (Developer) TITLE: APPROVED BY CITY OF CANTON, ILLINOIS BY: TITLE: DATE: REVIEWED BY JACOB&KLEIN,LTD.&THE ECONOMIC DEVELOPMENT GROUP,LTD. BY: TITLE: DATE: 15