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HomeMy WebLinkAboutOrdinance #4493 - Redevelopment Agreement with The Barn Sales, LLC., and Teresa A. Draughan (12 E. Alder Rd) 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 19TH DAY OF AUGUST, 2025, ADOPTED ORDINANCE NO. 4493, A TRUE AND CORRECT COPY OF WHICH IS CONTAINED IN THIS PAMPHLET. GIVEN UNDER MY HAND AND SEAL THIS 19TH DAY OF AUGUST,2025. (SEAL) NDREA .SMITH-WALTERS CITY CLERK CITY OF CANTON, ILLINOIS ORDINANCE NO. 4 4 9 3 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 THE BARN SALES,LLC and TERESA A. DRAUGHAN (12 E. Alder Rd.) PASSED BY THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY, ILLINOIS, ON THE 19ri_I DAY OF AUGUST,2025. PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS, THIS 19r``DAY OF AUGUST, 2025. EFFECTIVE:AUGUST 19, 2025 2 ORDINANCE NO. 4493 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 THE BARN SALES,LLC and TERESA A. DRAUGHAN (12 E. Alder Rd.) 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 The Barn Sales,LLC,an Illinois Limited Liability Company and Teresa A. Draughan, individually (collectively 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 Pro)ect and verify eligible expenses if such extension is requested by the Developer in writing on or before December 1, 2025. 4. The Business District Redevelopment Agreement shall be effective the date of its approval on the 191h day of August, 2025. 5. This Ordinance shall be in full force and effect from and after its passage and approval as required by law. (The remainder of this page is intentionally left blank.) 3 PASSED APPROVED AND ADOPTED by the Mayor and City Council of the City of Canton this 19`' day of August, 2025. MAYOR&ALDERMEN AYE VOTE NAY VOTE ABSTAIN/ABSENT Dave Pickel X Andra Chamberlin X Patrick Ketcham X Ralph Grimm X Greg Gossett X Justin Nelson X John Lovell X Angela Hale X Kent A.McDowell,Mayor X TOTAL VOTES 9 APPROVED: Date 2025 Mayor, City of Canton ATTEST: •• Date: � / 2�/2025 ity Clerk, City of Canton ATTACHMENT: 1. EXHIBIT A. City of Canton, Illinois Business Development District No. 1 Redevelopment Agreement by and between the City of Canton and The Barn Sales, LLC and Teresa A. Draughan. 4 EXHIBIT A . CITY OF CANTON, ILLINOIS BUSINESS DEVELOPEMNT DISTRICT NO. 1 REDEVELOPMENT AGREEMENT by and between THE CITY OF CANTON and THE BARN SALES,LLC and TERESA A. DRAUGHAN (12 E.Alder Rd.) 5 CITY OF CANTON, ILLINOIS BUSINESS DEVELOPMENT DISTRICT NO. 1 REDEVELOPMENT AGREEMENT by and between CITY OF CANTON, ILLINOIS and THE BARN SALES, LLC and TERESA A. DRAUGHAN (12 E. Alder Rd.) AUGUST 19, 2025 CITY OF CANTON, ILLINOIS BUSINESS DEVELOPMENT DISTRICT NO. 1 REDEVELOPMENT AGREEMENT by and between CITY OF CANTON, ILLINOIS and THE BARN SALES, LLC and TERESA A. DRAUGHAN (12 E.Alder Rd.) THIS AGREEMENT (including Exhibits, hereinafter referred to as the "Agreement") is entered into this 19`h day of August, 2025, by the City of Canton (the "City"), an Illinois Municipal Corporation, Fulton County, Illinois, and The Barn Sales, LLC, an Illinois Limited Liability Company and Teresa A.Draughan,individually(collectively the"Developer"). Hereinafter the City and the Developer, for convenience,may collectively be referred to as the "Parties." 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 12 E.Alder Rd. (PIN 09-08-15-205-012 and PIN 09-08-15-205-016), 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 HVAC repairs/replacement in the building located thereon and repair/sealcoat/restripe approximately 15,525 sq. ft. of an asphalt parking lot located on the Property at a total estimated cost of$17,721 (the "Pro)ect"); and WHEREAS, the Developer's proposed Project is consistent with the land uses of the City and the Business District Plan as adopted;and 2 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 "I"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 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 terms 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 December 1, 2025, subject to exception of Force IVlajeure 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 improvements described in Exhibit "1" 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 Four 3 Thousand Four Hundred Thirty and 00/100 Dollars ($4,430.00),whichever is less, and as may be payable from the Canton BDD Special Tax Allocation Fund pursuant to the Act. 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$4,430.00. 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 December 1, 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 December 1, 2025,will not be eligible for reimbursement. a. Upon receiving written request from the Developer on or before December 1, 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 "3"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 4 with such additional information as may be required and the same procedures set forth herein shall apply to such re-submittals. 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 Patty"), 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 December 1, 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 5 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, 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(3") 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 The Barn Sales,LLC `/o City Clerk `/o Teresa A. Draughan,Manager 2 N. Main Street 405 S. 5`h Ave. Canton, Illinois 61520 Canton, Illinois 61520 Ph: (309) 647-0065 Ph: (309) 6476542 Wlab 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 December 1, 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 ILLS 130/0.01 et. seg.), 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 1See online: httns://labonillinois.soc/. 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: Titles 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 THE BARN SALES,LLC, an Illinois Municipal Corporation Limited Liability Company BY: , �h/V�- BY: �l ay& Teresa A. Draughan,Presldqhb Date: Date: �.a� AT STED B TERESA A. DRAUGHAN,individually A -YM�49 Cjiy Clerk B V Date: 8-2 (v—2 5 Teresa A. Draughan Date: 16 V 0 as Exhibit 1. Estimated BDD Eligible Project Costs Exhibit 2. Application for BDD Benefits Relating to Private BDD Eligible Redevelopment Project Costs as submitted by The Barn Sales,LLC and Teresa A. Draughan Exhibit 3. Requisition for Payment of Private Development Redevelopment Costs 8 EXHIBIT 1 ESTIMATED BDD ELIGIBLE PROJECT COSTS The Barn Sales, LLC and Teresa A. Draughan City of Canton, Fulton County, Illinois / Canton BDD No. 1 Project Description: Property: 12 E. Alder Rd., Canton, Illinois - PIN 09-08-15-205-012 further described as: SECT: 15 TWP: 07 RANGE: 04 PT NE BEG 1236 W OF NE COR TH S254.95 W233.10 NE ALNG HWY TORD y TH E TO POB; and PIN 09-08-15-205-016 further described as: PT NE ; BEG 1155' W OF NE COR OF SEC 15 S 264, W 81.29', N 255', E 81', TO POB AS SHOWN BY � , d s i SURVEY 1669292/SSL 511 ' A .yin _-(— •fs' '!, Estimated BDD Eligible Project Costs: Costs relating to HVAC repairs/replacement (materials dam'contracted labor)....................................$13,926 Re-seal,repair,re-stripe asphalt parking lot (materials dam'contracted labor).......................................... $3,795 Total Estimated BDD Eligible Project Costs...................................................... 2 ' 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 $4,430.00,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 THE BARN SALES,LLC and TERESA A. DRAUGHAN (12 E.Alder Rd.) 1 City of Canton,Illinois Canton Business Developrnent District (BDD)No.1 rrrrrrar:r rr: 1s1,2022` i lCity of Catrton,lilinois/2 N.hl:tin St.,Canton,LI. 61520 Ph:(309)647-0065 APPLICATION FOR R-EINIBURSEMENT OF PBL�t1TE BDD E GIBLE DEVELOI'IfENT PROJECT COSTS 1ppiicanr Namc: 1pp[icant�fai(inK:address: c v' ayn tit kj,plic:tnr Daync 0 PPlicanr limail:\ddres:: Subjccr Pn,peru•'s a���11V SubjccL Property's FUITOn Count)•Propm e 'Tax ID#V l o V I l/��5-C) 5- I �V ci Proparty CAvncr\amL:(5)if different than Applicant; i'}pcufPnq,erty frlrrrZ.rr/i!!,„r:n,n!(/: (( (:,•nrrncrii:;llE:etatl; ElProfcssi"ttalt)f ttcc; ❑ Industrit:tl; El l{csidcndal Anticipated Prujccr Starr llxte: t F 5 and Estimated Prnjcct Crnnpieuon Date 1 �O Nunibei of new 1•obs,if.tm',rllnr will be created as a result of this Projccc Fltil-time Part-time - � New annual retail sales anticiparcd rn occur,if an'.,a:;a resu'llL of the proposed i;nprovements: S Total Projected im•esnneoL for PrujL:CV:5� ��I.( t1tt hicb S ��I•�s landj huildin+�imprur::uents. Estimated BDD Eligible Project Costs (alhrll(lrlailed list urtd eletctifrlinn.,rrt rn'el/ut Glc/r forcorttrn%rr work): 1. Professional tces(c-g-,en iru.crinl;,architcct(iral,le,�:+l,accoundag,plans,marketing),....S 2. \cquisirion cost of Innd;utd building;purchrtscd aflu 3/li/2022......................................S 3. Site preparation(c;g.,demolition,excavation,leveiirg/grading of land).......................... 5 t . ,. J. (?� nr ren rehab,repro•,r:m: udeling,rcevnsultcur,n„t extsnng butlatngs............................. i I1Z(�l,'0 i � �. Interior rehab,rcpatr,rcmodclin,�,rucnostrucric+n.of racant,nndrrutilizcd space•............5 I I 6. Construcdon of new building......................................................................................................S 7. Constructiuo or repair oEpriv,1w par!:in,g for and/or dti`restxa ..............................................S J�"�J�W t5, Con arucrion or repair of puNic inii:,mcucturu.........................................................................5 —7 ( '1, TOTAL ESTIMATED ADD ELIGIBLE PROJECT COSTS:...................................5 'I�`'w j FOR CITY Gsli: igacd aphurari"u rrcclvcri!r,tlx 01,nfC.nw:"a .I:u::----• --'--__bi —_-- i r'q, I tnanc,-rir,::fuinel li:,u:•uu..r.i�u:v�t: ,;i 1:._.r:'a '` ��,cnt: -.------------on cl;rt:' __.. _.. ._ '--- �i,[i�::rl>tr:ll•i'r,i'�: .—�_—__...—._—_iitifrr.i%/i;,:r.�-;rl;ta:;i;ry':lrer` II:` 1)enicd 161 mi.—n: _--_—__---_A-- lrrrl,Nroar o'daii,te w:•n:d/ lit?1) t::;tii..itum lien:irLlr,i u+(i't-'s I;i.1?.ldncr`r-a;r�•,�:.I�,nr� --. --.... --—, i ?ar. of.;i:p_•..dl{:tic'•._i"ft-I... ._nata' _... ..._.-- - t.c:at;dLID!) lr.u'un::rind;ursrd be("i:ro 1 ipLctn::i—__---_In C licck No. ------ -1- j 10 PLEASE READ THE FOLD OWING REQUIREMENTS CAREFULLY BIND reunbwsements arc provided for BDD-eligible project costs (pursuant to 65 ILCS 5/11-74.3-1 e;. seg. as amended, the "Act") and only for such eligible project costs that arc incurred and verified for redevclapment projecrs undertaken within the designated BDD No. 1 Redevelopment Project Area. All BDD Applications are reviewed by the City's Finance Committee prior to approval of a written redevelopment agreement by the Canton City Council and all reimburscmcnts by the City arc subject to the availability of funds. 1. Only properties located within the Canton Business Development District No. 1 Redevelopment Project Area(the"BDD Area"or"Area")as depicted below arc eligible to apply for BDD assistance.To verify a property is located within the BDD Area,contact the Spoon River Partnership for Economic Development for assistance: 48 N. Malin Street, Canton, !I. 61520; Ph: (309) 647-2677; or send email inquiries to msniva tni cantonillinuis.ur¢,or visit online at bah.!/�twu.cannmillinois.tite/economic-dcvrlo meat - -Z:• y. - r .r'Jir} t'k�'t".Si y,,>I•41f`djy r r Fd 11" "�• 2 I R R' v f EEE �t. . -..r;i:q- � ,_:Jam_ +. I _�, 'I•.,: 1: � Il. Canton Business Development District No.l(First Amcndmem) ?O: r,auaea sT UTZ Seprnnba 2n,?u71.4s AnrcnJnt 2. All applicants are to attach a description of the planned improvements,estimated costs(contractor bids,if any)of the project,and the project schedule. Conceptual'sketches,photographs and drawings are encouraged. 'lice Cict•reserves the right:to request additional information,including,but nor limited to; how the property will be utilized(e.g.,commercial,residential,type of business,etc.)after the renovations arc completed. 3. All projects undertaken with BDD funds must comply with applicable City of Canton design guidelines, zoning ordinances and building codes. 4. A 'tenant-Applicant of a building for which the rcimbursemenr of leasehold improvements is requested through BDD funds must provide written consent from the Property Owner for all proposed improvements(see AppendbcA). -2- 11 5. The City of Canton reserves the right to accept BDD Applications from those Applicants who undertake projects the City deems to be compliant with the Act and for projects that the City believes will further stimulate the type of redevelopment that is consistent with the Canton Business Development District No. 1 Redevelopment Plan,and Projects. The Canton City Council shall exercise its authority pursuant to the Act to reimburse private redevelopment project costs in such amounts that are deemed to be in the best interests of the citizens cif the City of Canton. 6. -.\pplicants must,in advance of receiving BDD funds:n) verify that the most recent real estate tax bill(s) have been paid for the Propern•;and b) verify BDD eligible project costs in an amount equal to or greater than the amount approvccl 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 City's obligation hereunder to pay BDD funds for eligible project costs is a limited obligation to be paid solely from the Canton BDD No. 1 Special Tax Allocation Fund,unless otherwise specified in the redevelopment agreement. !. Iris the understanding of the Citn and the:lpplieant that the position of the Illinois Department of labor is that the Illinois Prevailing W"age Act dues not currently apply to sales tax incentives,such as BDD Funds, that are received by private Developers as reimbursement for BDD Eligible Project Costs.This position of the Department of labor is available online at: h�mc/ltt�t•�c2illinnispot/idol/Fr1Qs/Ptpc /preclilint- vai�c-fac p�+gst16. any project costs incurred by the Developer within a public rghr-of-way or fur which the improvements are intended to be dedicated to the Cin•are subject to the Prevailing Wage.let. S. All AppGeations are subject to review by the City Finance Committee prior to City 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 terms and conditions provided herein. Nothing contained in this BDD Application shall be construed by the City or the Applicant or any third person to create the relationship of a partnership,agency,of joint venture between the City and the Applicant. Applicant Signature: Date: �1 Applicant is the Owner of Subject Property ❑ Applicant is Tenant of Subject Property for which AppendrxA has been completed and attached hereto. -3 12 APPENDIX A APPLICATION FOR REIMBURSEMENT OF PRIVATE BDD ELIGIBLE REDEVELOPMENT PROJECT COSTS City of Canton,Illinois/2 N.Main St.,Canton,IL 01520 Ph:(309)647-0065 (C.Gn!/!elr lf��n!uJ irrdh;ar 4r'l n6tf r/li a/c!r;on.!Y i;!iir !f j'Ji:;arrr%.r irr!/lie I'('rron.,Ownel'i TENANT-APPLICANT T AFFIDAVIT \Z tl}r urttiu,'�'t'nr 1 n4rhA A,,,-10„1­1 r ^�'1,^F I'Cat Property located at the following address: )' and hcrchv disclose our intent as Tenant of said Property to incur certain eligible project costs as"Leasehold Improvements"for which the are requesting the reimbursement from the Cru(lrn Business Deo'eJrpecnt Dirhid No. 1 Sperial 7'ex.•100artiau Fivid,pursuant to the terms and conditions provided herein. BY: Date: (.%I nrLrr'i�rr!Trnunr.S'i�uahrrtJ kTrint Tenant Name.) STATL OF ILLINOIS COLN'I1.OF FCI:Im 1,the unda:rsi�ucd Nutan;pui,Iic,do'nerclr:nfttrm,par persanallr appeared b ferre me un the_rial ni and sigred the aba;,,tirucnmm as a free and—luniam act and deed. ..\'6Lrq•Pnhir Au,rjCnuvni,fion L.pi7: PROPERTY OWNER-LANDLORD,AFFIDAVIT As the owner of the above-described real Property, I hereby provide the Tenant my consent to undertake the proposed"Ixaschold lmprovemctitts"on the Prnperty,whereby the"tenant shall incur certain eligible project costs for which the Tenant is rcqucsdrig reimbursement from the C<rnlun BusinuJ Dereln/u!ienr DuhiN\'o. ! S%rriui Tx, .1/laartaivn I nvd pursuant Lo the terms and conditions provided herein. Furthermore, as a signatory to this Application,I do hereby direct the City of Canton to make the BDD grant payment awarded by the City for this Project payable to the Tenant-Applicant. By: Date: (,LrrGnrilerl 1)7.0prr/1 Owner(�nnJlunJ.Sirnnhorj (Print Property Owner-Landlord Name) STATE OF ILLINOIS COI:n'OP FUTON I,the undcnigncd\u;arr public;du perch,affirm dial peoonaOl a(Irpc:ved before me on the_dn,of .and shoed tL•c abm c Sratemou as afret and eolunta„-ac,:utrl deed. Nolan Pat,& Oat: 13 11:38 a U, X 1 Yurkovich Mechanical 22698 N Roskamp Rd. Canton IL 61520 309-323-0239 March 24,2025 Teresa Draughan 12 Elder Rd Canton,IL 61520 Proposal: We are proposing to install a GE NF96UQ90S4C 90,000 BTU 96%efficiency furnace,with a GE NCUC48CT4 cased evaporator coil,and a GE NS16A48SA4 16 seer 4 ton condenser. We will also run the gas line, drainiflie, exhaust piping, low voltage wiring including a thermostat,and refrigerant line set. Supply ductwork will be spiral ductwork running long ways down the building. We will install a 20 X 25 X 4 filter housing for the central return.We will install the condenser on a pad and mount the disconnect for the electrician to run the power to the condenser. Price: $13926.00 Our price includes all inaterial and labor 14 Spoon N2Msal&Invniue a 25155 River Date 07,242025 �y IJ8+9 Blacktop,LLC. Raiaeotidorenminad;at'comRr=I„1 12324 N.County 9 Highway,Lewistown,IL 61542 Phone 309-547-5018 Fax 309-547-5035 Ihdorxevei0agr aen No _ FED ID 426-0062500 Ca My Fuhm wvvw.spo,,nHverblacktop.com Tnwnsldpor City Limiu City[.�ra email @ spoondverbiacktop.com Subdivi— Business Established Since 1984 Crum st N.loin 5t Prepared for: The Barn Sales Contact:Teresa Draughan 309-224-6542 The Barn Sales Juhsite 'Ib.R. .1'eI Biltinx Add- 12 E AIJer Rd AAdmss: 12 B.Udcc Rd Cantv0.116u2U Cancun,1161520 About US Spoon River Blacktop,LLC.started as a family business in 1984 in Astoria,M as a husband and trife team,later adding their son Matthew as a third owner.The business moved to r­visvaavn in 1997 with the plant fully operational a year later.We are truly a family owned and operated business.Spoun Ricer Blacktop,LLC.is constantly upgrading materials,trucks,and utilize technologies as needed- We are proud to be a full servic: Paving contractor serving customers all over Central Illinois.We're committed to exceptional customer service, limefy completion,and results that exceed ccpectations. OCekbmi8 5 on iRer Blacktop,uc"309-547-5018 Description Price Sealcoaticrackfilllstriping $3.795.00 Amend 15525 sy.Rot total a—or lees to v Ioaat Clean and P P—surface es needM.Crar Kg larger uaclm as readed.AP*we casO,yw of walccat RestrFe es before. Page Z13 Pro,nml k Invoice J 25155 15 P�bsri E_or:,wrar . r A:9uri d Ow So.0-0 eac,ir tL;,P+r<aola4i Art6 msW 4 fagot to femn h►dbee WnNn.F4tkn MdJ,Zair.'data .. 1 tarmwdam'tt a Pro w ai d'1w paWwt a W rr sie ai.rtr-.r Zkea►,w a,w.s tldra QO d+ema SF ai,iin rsiN�.Eaf($�sK4 tr4Y ar DM 1lel:tir,a4al, »1,or{ -IY$ Im3i uk"t"►et•eN,t toff SoMMtK?„af.r'd Sic"14.e•Mp^a..a 752a¢riot I hea er .vats r c wu.' IIKIA q d w POW I.b.MecvaMa.. frM s41d)bW d,QA�r+itl0.arear IFA.ti to i9i9erw � .�d I me.44;art w,s , !• I awn'adri i'Kn o. auto NM.4�ther 24 MBMrt a eya,v;nr 91e.Ja a,+a b-ve ar■ae yen roe N1�.ety�r}d!loll'Ot d�!'4M`7�iAr4i'i o,00"MM4 k ar;kite t eaa4 dq�t 26 Oa sleadw}aM.d ice or/.710511K b l4 deit!( ` •� pq ,ep,lp4lA Farrrale'trra. W Y .:R eM 8F t!'1)#;i►z0e►nM it r►d�'!R'�► - iSUALIDn6= .a[Jda sr 41►�YbrtbN rM?"��'9"M>E1��at 'i � yy}t 7, _= tllrt6dr e,il+eas )r r a a e NJ t W24Wa [� -- • •~_ , t I a } .�' ....uS.'�C 30s7'l�r' �•i�` `! At SA'4TJ aor D<R e9�rrtx oP � r znsanmd.54 wus awe, 1 W •£ yt vmr wean ttiI . i is _..Y ppfl{tiQ D ---- e.r �y ,�� _..----- �rftlfr.arfie - ��--- -- xr:r - t K . s.; notwe w4At, of +flpstf v ns.msW zertc.�.p,rw I �.i Y7t .7L1t7/L 4�aapa Vwe)to r•us ltu ; f 2t Ric 'ar�rtrs°ia: 91 - .e•s►�a ire 2-. rz nz�xv laram trfrran to zw a-rs A -' - to.4 txs-a_sp +"1�.r a.:t i1Km Yt6W;ate or IP/f,TT_t I.Mm _•9 - - txsaare(T.RM)5 lxia DOrr ctie4t fa tr mli ALhg4.P.iJFESSdtYLV..�CE$iCf4.fRtt W. 18t-00a578?. E%ti29TT H (page t) SRHIHIT B Spago 'l) (, Rest 1 ; 7) :Any lot owner inwads one throko sa(14)shad ba 1) APPLI,CATQrfOFS�RICf1 FR0N5,M corporations,perSowu, uunsorothcretWllWthat antmirdtoptasectwta,Nanyprocaadfog low ofequhy,S"yother person orentity - nowhotdreshillhereaRctacquUamnylmtrestinBaypartofthissutd)vhlonstwUbe vioLtingoraltemplingto violate any otUnreAt larv;contained twtin,mamkr to6xn to ogree to eompN with lhecrvenanls.mndittons resirl[tiartsand sdpu):ttbns prevent sell owner from sohimtt)q said violation or to recover damages for Sud1 contained herein as to the use of land uatkz one through SIX(1.61,and the comtructlon of reskien=and improvements tncreln,as hereinaRarSet forth. I_ 2) PROPERTY IrSE the lard tracts one through alx(1.6)and all parcels Ihereln shall be used only for si.ve family reslder.ms.No portion of the subdivision,Improved to unirriprevee.slut;bo used for any c3mrnerrM.manufacturing,ptalcolon2t religloug frate'nal,or ether business purpose,-with the e=ptton of normal farming operations. 3) 09-TMUOCV REQUIREMENT 5:tl:a constmctan afresidences or auttulfdings on parcels to lord tracts one through six(1.6)shad be goyamed tq,die IWlowlre Specifications A) StbaackUpas.Structures shall not be elected orrnaintainedat any given poim closer to the side or rear parcel linesman Sa feet,of a:requited by Futon County,whichever Is greeter. 6) E2RtaN reraofremenisc Ante residenctS of one level,the Mmt floor living oral shallluivearota)IN Pared.exclusheofgatam and kmscrrii%Lofppt less ttran I2Wsquare feet.Residences of more than one level shall have e tote!Hying area af.not less umn 13 qm squut feet on the male Sevt(artd tot- lem than 16M stivaro feet total as m twrstary dwalfanp and 1400 square feetasto one aad one-half story dwellings C) P€tinMed extrriors:.No tir.A board,jki r irwm$Virg,sheet rt:etaL tar Papa::Of rooting p'pu shah be used for rxry"terbr well toWrke or evof!- Aluminum may be;UStd far gutters,dowi<sptnrts:softie Anti fascia bo;vd& -Stone,hrksi woad,ucnyi add-Stuuo style materials sball be Permkted -rxte:focs;Pfarrded suci.matrtlats fie ofswiltaW gtrakty:erxk and wbrat)on io ii tcconitlim and:ttamtoxizsvith other lmpravcntentsl4r,ttK sutidWls)on.-Ekmpdrrr.norlgal,Ploted,tailed trees sheet metat fney be used for arttuttdmgs No ezctaliatly br4M ra)ofs-shafi be parrimed on the extenaar of day reslwotc ar btdllkms in ttie Subdivision All ssAftJiY swage systems thax baccul trusted )n amotdazsca whh d)e RHion C�tnty.fyptth t)epirunent's seYutatinns.,.. '41 TE4tPQMILy"t'ireLAM&M.No tMPFr,,basem q-tartr.S,hack.sadwe,bwloi ether 0a31tWk*41Wl at any tfm b*ased as b;e5WTaul,ttmQu'r r!!y or pa rmrrentlyl in the stAidlyldon.Ctmlibldintll"Ps AIYslrrxAvrehpeen)htadRsrpadodsof two witaksor lea.At end oftwtrweekp!+Wd�rri�rStPtrrgitt!f iHttatiarertwed. 5! $(l ;taoAtmflarw�rty�x �2haU4ft�'iGiaJ;fo3;wrewhipa+ea(h+` addttigtwl partials. - 6) 1 e+cote"Sus'Imoolliataptheiromperty webmafrdrined In a prtasanishla ooaddioe�, .- EXHIBIT 3 PRIVATE REDEVELOPMENT PROJECT REQUEST FOR VERIFICATION OF ELIGIBLE PROJECT COSTS Requisition No. Developer/Requestor name: Date submitted: / /20 Developer/Requestor mailing address: Developer daytime phone: Email address: This request for verification of eligible project costs relate to a written Redevelopment Agreement approved on / /20 by and between and (Municipality) (Developer) Project Name and Site Address: Property PIN(s) as found on most recent real estate tax bill: ❑ Applicable Tax Increment Financing(TIF) District Name: ❑ Applicable Business Development District(BDD) Name: This form is a request by the Developer to the Municipality for verification of eligible project costs which may be relied upon by the Municipality in advance of future disbursements of funds,if any are payable,from the Special Tax Allocation Fund(s) pursuant to the above referenced Redevelopment Agreement and applicable laws and statutes. The terms used herein shall have the same meanings as those terms in the Redevelopment Agreement. List of Project Costs Incurred Pursuant to the Redevelopment Agreement and Paid by the Developer for which Verification of Eligibility is Hereby Requested: Proof of Invoice(s) Payment Description Amount Paid Attached Attached' $ ❑ ❑ $ ❑ ❑ $ ❑ ❑ $ ❑ ❑ $ ❑ ❑ $ ❑ ❑ $ ❑ ❑ $ ❑ ❑ Total Amount Requested for Verification of Eligible Costs: $ The undersigned hereby certifies and swears under oath that the following statements are true and correct: 1 Proof of payment may include: bills,statements,invoices and/or waivers of lien marked as paid,signed,and dated by suppliers, contractors,or professionals;processed/cancelled check or bank draft payments(i.e.,photocopies of both sides of check);or other proofs payment for costs as may be requested by the Municipality. This information is to be attached to this form and available for review when submitted. 17 1. the items herein provided as the "List of Project Costs Incurred Pursuant to the Redevelopment Agreement and Paid by the Developer for which Verification of Eligibility is Hereby Requested"were incurred and/or financed by the Developer as deemed necessary and in furtherance of the Project, and such materials and or services for which said costs were incurred have been applied to the Project in accordance with applicable City Codes and requirements of the Redevelopment Agreement, including Exhibits and amendments, if any, attached thereto; and 2. the Project Costs for which amounts are herein requested for verification of eligibility represent proper redevelopment project costs as identified in the "Limitation of Incentives to Developer" described in the Redevelopment Agreement, are not duplicated from any previous Request for-Verification of Eligible Project Costs, have been properly recorded on the Developer's books, are set forth herein with invoices and proof of payment attached for all sums for which reimbursement is requested; and 3. the amounts requested and set forth herein are not greater than those necessary to meet obligations due and payable or to reimburse the Developer for its funds actually paid or advanced for such redevelopment project costs;and 4. the Developer is not in default per the terms of the Redevelopment Agreement, and nothing has occurred to the knowledge of the Developer that would prevent the performance or fulfillment of its obligations under the Redevelopment Agreement. The undersigned hereby certifies and warrants he/she is of legal age and that to the best of his/her knowledge the information contained in and attached to this Request for Verification of Eligible Project Costs is true, correct, and complete and furthermore agrees to the statements and representations provided herein. Any violation of this oath shall constitute a default of the Redevelopment Agreement and shall be cause for the City to unilaterally terminate the Redevelopment Agreement. BY: DATE: /�20 Developer/Requestor Signature Print Developer/Requestor Name: STATE OF ILLINOIS ) )SS COUNTY OF ) I,the undersigned Notary Public,do hereby affirm that personally appeared before me on the day of 20 ,and signed the above statement as a free and voluntary act and deed. Notary Public Date of Commission Expiry: / /20 Revised 11/12/2024 THIS SECTION FOR MUNICIPAL USE ❑ Request reviewed by TIF/BDD Administrator for the Municipality: Date: /______j20_ (name and title) ❑ Request approved by authorized municipal official: Date: / /20_ (name and title) ❑ Project reviewed/inspected by authorized municipal official: Date: (name and title) ❑ Project completed pursuant to Municipal Code Requirements. ❑ Project not completed pursuant to Municipal Code Requirements per attached report of authorized municipal official. 18