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HomeMy WebLinkAboutOrdinance #4549 - Redevelopment Agreement with Modern Health & Fitness and Ted Rumler @ 2011 E. Chestnut Project 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 5TH DAY OF MAY,2026,ADOPTED ORDINANCE NO. 4549 ,A TRUE AND CORRECT COPY OF WHICH IS CONTAINED IN THIS PAMPHLET. GIVEN UNDER MY HAND AND SEAL THIS 5TH DAY OF MAY,2026. (SEAL) �AN�DREA .SMITH-WALTERS CY CLERK CITY OF CANTON, ILLINOIS ORDINANCE NO. 4 5 4 9 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 MODERN HEALTH & FITNESS,LLC and TED RUMLER (2011 E. Chestnut Project) PASSED BY THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY,ILLINOIS, ON THE 5T' DAY OF MAY, 2026. PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY COUNCIL OF THE CITY OF CANTON,FULTON COUNTY,ILLINOIS, THIS 5TH DAY OF MAY, 2026. EFFECTIVE: MAY 5, 2026 ii ORDINANCE NO. 4549 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 MODERN HEALTH & FITNESS,LLC and TED RUMLER (2011 E. Chestnut Project) 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 Modern Health & Fitness, LLC, an Illinois Limited Liability Company and Ted Rumler, 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 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 5`' day of May,2026. 4. This Ordinance shall be in full force and effect from and after its passage and approval as required by law. iii PASSED APPROVED AND ADOPTED by the Mayor and City Council of the City of Canton this 5`' day of May, 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 6 TOTAL VOTES APPROVED: Date 2026 Kent A. McDowell,Mayo , lty of Canton ATTEST: Date: / / 2026 ndrea J. Smith-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 Modern Health & Fitness, LLC and Ted Rumler (2011 E. Chestnut Project) iv