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1966-017ORDINANCE NO. 0 -66 -17 • AN ORDINANCE_AUTHORIZING THE EXECUTION. OF AN AMENDMENT OF ANNEXATION AGREEMENT WHEREAS, it is in the best interests of the Village of Buffalo Grove that a certain Amendment of Annexation Agreement, a copy of which is attached hereto and made part hereof, be entered into; and WHEREAS, all necessary legal conditions precedent to the execution of said Annexation Agreement have been fully performed and complied with, NOW, THEREFORE, be it'Ordaired by the President and Board of Trustees of the Village of Buffalo Grove, Cook and Lake Counties, Illinois, as follows: SECTION 1: The President is authorized and directed to execute, and the Clerk is directed to attest the Annexation Agreement, of which a copy is attached hereto and made part hereof. SECTION 2: This Ordinance shall be in full force and effect from and after its passage and approval as provided by law. ATTEST: AYES: J,- NAYS: 0 ABSENT: / , PASSED this of of� . A.D. 1966. APPROVED this %ay of , 1966. i L/ ). �� AMENDMENT OF ANNEXATION AGREEMENT This Agreement, made and entered into this 06� day of Ail 1966, between the Village of Buffalo Grove�(hereinafter referred to as "Village "), by the President and Board of Trustees, as the Corporate Authorities thereof (hereinafter referred to as "Corporate Authorities "), and LaSalle National Bank, as Trustee under Trust No. 33229 (hereinafter referred to as "Owner "), W I T N E S S E T H: WHEREAS, the Village, Owner, and other owners, entered into an Annexation Agreement on October 7, 1965, which Agreement provides for the zoning and other regula- tions of the Village relating to the.development of certain real estate described therein; and WHEREAS, the Owner is the owner of record of all the territory described in section 2. of this Agreement; and WHEREAS, the Owner desires to develop within a portion of such territory Zoned R -9, pursuant to said Agreement, a recreational center which is a Special Use within the R -9 zoning classification of the Village, NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, it is hereby agreed as follows: 1. Immediately upon the execution of this Agreement, Owner will pay to the Village the sum of $1.00. 2. Immediately upon the payment by Owner as pro- M-4 RIDER ATTAt AND A PART OF DOCUMENT, .g DATED UNDER Trust No. " This instrument is executed y La SaUe National Bank, not personally but solely as trustee, as aforesaid, in the exercise of the power and authority conferred upon and vested in it as such Trustee. All the terms, provisions., stipulations covenants and conditions to be, performed by La Salle National Bank are undertaken by it solely as Trustee, as aforesaid, and not individually, and all statements herein made are made on information and belief and are to be construed accord- ', ingly, and no personal liability shall be asserted or be enforceable against` La Salle National Bank by reason of any of the terms, provisions, stipulations covenants and /or statements contained in t is instrument. i EE - c A ,r 1 0' `1 . vided in Section 1, the Corporate Authorities will enact an ordinance granting a Special Use, pursuant to Article VI of the Buffalo Grove Zoning Ordinance, to permit a privately - owned, limited membership recreation building and community center with accessory uses including swimming pool, tennis courts, bathhouse, restaurant and bar facilities, on the following described territory; The South 350 feet of the North 400 feet of the West 170'feet of the East 776.01 feet of the West half of the Northeast quarter, Section 9, Township 42 North, Range 11, East of the 3d P.M. Cook County, Illinois, and for the use of such property consistent with such Special Use; provided that such Special Use shall commence by October 7, 1970. 3. The Corporate Authorities agree to establish by ordinance a sufficient number of liquor licenses of an appropriate class, as may be necessary to permit the local liquor commissioner of the Village to issue a liquor license for the operation of bar facilities in accordance with the Special Use referred to in Section 2 hereof. 4. The Annexation Agreement entered into on October 7, 1965, referred to above, is hereby amended by incorporating the provisions of this Amendment of Annexation Agreement therein, any provision of said Agreement of October 7, 1965 to the contrary notwithstanding. All provisions of said Agreement of October 7, 1965, not in conflict with the pro- visions of this Amendment of Annexation Agreement are expressly ratified and confirmed. i 5. This Agreement shall be binding upon the parties hereto, their respective successors and assigns. _ 2 _ 6. This Agreement shall be effective until October 7, 1970. IN WITNESS WHEREOF, the Owner and the Corporate Authorities have caused this instrument to be executed by their respective duly authorized appropriate officers, and have caused their respective corporate seals to be affixed thereto, all on the day and year first above written. LA SALLE IONAL BANK, as G�Truste st No. 33229 Attest: Asst Vice President ASSISTANT Secretary VILLAGE OF BUFFALO GR E Att st: W r � esident C 1 rk -3-