FIRST AMENDMENT TO THE REDEVELOPMENT AGREEMENTRedevelopment Agreement • May 6th, 2020
Contract Type FiledMay 6th, 2020WHEREAS, the Village is a non-home-rule unit of local government organized under the Constitution of the State of Illinois of 1970 and the laws of this State and as such has authority to promote the health, safety and welfare of the Village and its citizens; authority to encourage private investment in industry, business and housing in order to enhance the tax base of the Village; authority to ameliorate blight; and, authority to enter into contractual agreements with third persons to achieve these purposes; and,