HomeMy WebLinkAboutOrdinance #4550 - Redevelopment Agreement with Ted Baker @ 114 N. Main 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 5m DAY OF MAY, 2026, ADOPTED ORDINANCE NO. 450, 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)
DREA J.S ITH-WALTERS
ITY CLERK
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CITY OF CANTON, ILLINOIS
ORDINANCE NO. 4 5 5 0
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
TED BAKER
(114 N. Main Project)
PASSED BY THE CITY COUNCIL
OF THE CITY OF CANTON,FULTON COUNTY, ILLINOIS,
ON THE 5r" DAY OF MAY, 2026.
PUBLISHED IN PAMPHLET FORM BY AUTHORITY OF THE CITY
COUNCIL OF THE CITY OF CANTON,FULTON COUNTY,ILLINOIS,
THIS 5"' DAY OF MAY, 2026.
EFFECTIVE: MAY 5, 2026
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ORDINANCE NO. 4550
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
TED BAKER
(114 N. Main 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 Ted Baker, individually (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.
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PASSED APPROVED AND ADOPTED by the Mayor and City Council of the City of
Canton this 5`h day of May,2026.
MAYOR&ALDERMEN AYE VOTE NAY VOTE ABSTAIN/ABSENT
Dave Picket
Andra Chamberlin
Patrick Ketcham X
Ralph Grimm
Greg Gossett
Justin Nelson
John Lovell
Angela Hale
Kent A.McDowell,Mayor
TOTAL VOTES 6
APPROVED: Av vv v , Date / /2026
Kent A. ,Dowell, ayor, City of Canton
ATTEST: Date: / /2026
4eaSmi -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 Ted Baker (114 N. Main Project)
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