HomeMy WebLinkAboutOrdinance #4545 - Redevelopment Agreement with CHJG Enterprises 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 21ST DAY OF APRIL,2026,ADOPTED ORDINANCE NO. 4545 ,A TRUE AND
CORRECT COPY OF WHICH IS CONTAINED IN THIS PAMPHLET.
GIVEN UNDER MY HAND AND SEAL THIS 21ST DAY OF APRIL,2026.
(SEAL)
Z"zo d
1 V
DREA .SMITH-WALTERS
CITY CLERK
CITY OF CANTON, ILLINOIS
ORDINANCE NO. 4545
AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF A
CANTON BUSINESS DISTRICT NO. 1
REDEVELOPMENT AGREEMENT
by and between
THE CITY OF CANTON, FULTON COUNTY, ILLINOIS
and
CHJG ENTERPRISES,INC.
PASSED BY THE CITY COUNCIL
OF THE CITY OF CANTON,FULTON COUNTY,ILLINOIS,
ON THE 21 s"'DAY OF APRIL,2026.
PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY
COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS,
THIS 21ST DAY OF APRIL,2026.
EFFECTIVE: APRIL 21,2026
ii
ORDINANCE NO. 4545
CITY OF CANTON, ILLINOIS
AN ORDINANCE APPROVING AND AUTHORIZING
THE EXECUTION OF A BUSINESS DISTRICT NO. 1 REDEVELOPMENT
AGREEMENT
by and between
THE CITY OF CANTON
and
CHJG ENTERPRISES,INC.
WHEREAS, the Mayor and City Council of the City of Canton, Fulton County, Illinois (the
"City"), have hereby determined that the Canton, Illinois Business District No. 1 Redevelopment
Agreement by and between the City of Canton and CHJG Enterprises, Inc., an Illinois
Corporation (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 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 Business District Redevelopment Agreement shall be effective the date of its approval on
the 21"'day of April,2026.
4. This Ordinance shall be in full force and effect from and after its passage and approval as
required by law.
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PASSED APPROVED AND ADOPTED by the Mayor and City Council of the City of
Canton this 215`day of April, 2026.
MAYOR&ALDERMEN AYE VOTE NAY VOTE ABSTAIN/ABSENT
x
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
9
TOTAL VOTES
APPROVED: V Date / /2026
Kent A. cDowell, Mayor, City of Canton
ATTEST: Date: / /2026
n�eaj. S Ath-Walters,City Clerk, City of Canton
ATTACHMENT:
1. EXHIBIT A. City of Canton, Illinois Business District No. 1 Redevelopment Agreement by
and between the City of Canton and CHJG Enterprises, Inc.
iv
EXHIBIT A
CITY OF CANTON, ILLINOIS
BUSINESS DEVELOPEMNT DISTRICT NO. 1
REDEVELOPMENT AGREEMENT
by and between
THE CITY OF CANTON
and
CHJG ENTERPRISES, INC.
v
CITY OF CANTON, ILLINOIS
BUSINESS DISTRICT NO. 1
REDEVELOPMENT AGREEMENT
by and between
CITY OF CANTON, ILLINOIS
and
CHJG ENTERPRISES, INC.
APRIL 21, 2026
CITY OF CANTON, ILLINOIS
BUSINESS DISTRICT NO. 1
REDEVELOPMENT AGREEMENT
by and between
CITY OF CANTON, ILLINOIS
and
CHJG ENTERPRISES, INC.
THIS AGREEMENT (including Exhibits, hereinafter referred to as the "Agreement") is
entered into this 21't day of April, 2026, by the City of Canton (the "City"), an Illinois Municipal
Corporation, Fulton County, Illinois, and CHJG Enterprises, Inc., an Illinois Corporation (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 etseq.),as amended(the"Act"),the City established the Canton Business District
No. 1 (the "Business District" or"BD") 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, on March 3, 2026, the City approved the Second Amendment to the Business
District by approving Ordinance No. 4531; 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 442 E.
Locust Street, Canton, Illinois (PIN 09-08-26-307-016), which is hereinafter referred to as the
"Property";and
WHEREAS, based in part on incentives made available by the City, the Developer shall
undertake to demolish the existing carwash located on the Property and construct a new carwash to
be located thereon at a total estimated cost of$2,000,000.00 (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
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WHEREAS, as an incentive to undertake the Project, the Developer has requested
reimbursement for a portion of its BD eligible project costs as described in Exhibit "I"attached
hereto;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 as described herein.
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 within twelve (12) months from the date of execution of this Agreement,
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 new carwash in constructed on the Property in compliance with all applicable
ordinances and building codes of the City,the eligible project costs have been verified by the
Developer pursuant to Section "E"below, and the carwash located on the Property is open
for business to the public.
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 timely 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 inured in furtherance of the Project by the Developer pursuant to Section "E"below,
the City shall reimburse the Developer an amount not to exceed Thirty Percent (30%) of
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the verified BD eligible project costs incurred by the Developer for the Project as
shown in "Exhibit 1,"or Two Hundred Thousand and 00/100 Dollars ($200,000.00),
whichever is less, which shall be payable solely from the Canton BD Special Tax Allocation
Fund pursuant to the Act. Such reimbursement shall be made as follows:
a. Upon timely completion of the Project and verification of the Developer's BDD
Eligible Project Costs pursuant to Section E below, the City shall reimburse the
Developer the sum of$40,000.00.
b. The City shall then reimburse the Developer an additional $40,000 on or before the
date that is one year from the date of the reimbursement set forth in paragraph a above.
c. The City shall then reimburse the Developer an additional $40,000 on or before the
date that is two years from the date of the reimbursement set forth in paragraph a above.
d. The City shall then reimburse the Developer an additional $40,000 on or before the
date that is three years from the date of the reimbursement set forth in paragraph a
above.
e. The shall then reimburse the Developer the final$40,000 on or before the date that is
four years from the date of the reimbursement set forth in paragraph a above.
2. Any of the following shall be deemed to be a default by the Developer of this Agreement:
a. The Developer does not timely complete the Project.
b. Upon timely completion of the Project, the Developer fails to maintain constant and
continuous operation of the carwash located on the Property.
c. The Developer sells or otherwise conveys all or any portion of the Property during the
term of this Agreement.
d. The Property becomes the subject of foreclosure proceedings.
e. The Developer vacates he Property.
f. The Developer files for bankruptcy or otherwise becomes insolvent.
g. Dissolution of the Developer's corporation.
h. Any default of any other term or condition set forth in this Agreement
3. In the event of any default by the Developer of any condition set forth in paragraph 2 above
or any other term or condition set forth in this Agreement after any applicable notice and cure
periods, this Agreement shall immediately terminate and the City shall be under no further
obligation to provide any further reimbursements set forth herein.
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
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exceed $200,000.00.
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 the date that is twelve months from the date of execution
of this Agreement. 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 the date that is 12 months from the date of execution of this Agreement,will
not be eligible for reimbursement.
3. Payment to the Developer for BD Eligible Project Costs as set forth by the BD 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 "2"to Jacob&
Klein, Ltd. and the Economic Development Group, Ltd. (collectively the `BD
Administrator"), and the BD Administrator's approval of the BD eligible project costs and
the availability of funds in the Canton BD 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.
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.
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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 the date that is 12 months from the date of execution of this Agreement,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,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.
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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 Parry,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 CHJG Enterprises,Inc.
`/o City Clerk c/o Brian Strode
2 N. Main Street 1221 juniper Street
Canton, Illinois 61520 Canton, Illinois 61520
Ph: (309) 647-0065 Ph:
With copy to City BD Administrator.•
Jacob &Klein,Ltd. and With copy to.-
The Economic Development Group,Ltd.
1701 Clearwater Avenue
Bloomington,Illinois 61704
Ph: (309) 664-7777
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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 upon
the Developer receiving all of the incentives provided for in Section "B"above. The Agreement
shall expire sooner upon the Developer filing for bankruptcy or otherwise becoming insolvent, the
Property being the subject of a foreclosure action,or upon any other 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.'
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,
'See online: httos://labor.illinois.gov/.
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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
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 Paragra=hs_ 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. Counte arts: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.
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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 CHJG ENTERPRISES, INC., an Illinois
Municipal Corporation Corporation
BY: BY:
-C9 0
Mayor
Date: L PRINTED NAME:
TITLE:
ATT TED BY: Date: Z vbtco
n
v
C erk T
Date: T
ATTACHMENTS:
Exhibit 1. Property and Estimated BD Eligible Project Costs
Exhibit 2. Request for Verification of Private Redevelopment Cost
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EXHIBIT 1
PROPERTY AND ESTIMATED BD ELIGIBLE PROJECT COSTS
CHJG ENTERPRISES, INC.
City of Canton, Fulton County, Illinois / Canton BD No. 1
Project Description: Developer shall undertake demolition of the existing carwash on the Property
and construct a new carwash located on the Property at a total estimated cost of$2,000,000.
Property: 442 E. Locust Street,Canton, Illinois (PIN#: 09-08-26-307-016)
Estimated BD Eligible Project Costs:
Construction of new carwash (materials&contracted labor).............................................................$969,000
Excavation (materials dam'contracted labor)...............................................................................................$80,000
Demolition .............................................................................................................................................$15,000
Total Estimated BD Eligible Project Costs'.....................................................
1 The total, cumulative reimbursement of BD Funds for BD Eligible Project Costs payable by the City to the
Developer shall not exceed 30%of verified BD eligible project costs incurred by the Developer or$200,000.00,
whichever is less, as set forth in this Agreement. Land acquisition costs shall not be a BD reimbursable cost
payable pursuant to the terms of this Agreement.
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EXHIBIT 2
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 District(BD)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. 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
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.
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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 j
)SS
COUNTY OF 1
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. / 120
Revised 11/12/2024
THIS SECTION FOR MUNICIPAL USE
❑ Request reviewed by TIF/BD Administrator for the Municipality: Date:
(name and title)
❑ Request approved by authorized municipal official: Date: 20 _
(name and title)
❑ Project reviewed/inspected by authorized municipal official: Date: / /20_
(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.
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