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1968-030jib .4, J , • r ORDINANCE N0. "6k -34U C AN ORDINANCE APPROVING A PLANNED'DEVELOPMENT WHEREAS, the Plan Commission of the Village of Buffalo Grove, Illinois, has recommended the approval of a Planned Development for the property located near the northwest corner of Arlington Heights and Dundee Road owned by LaSalle National Bank as Trustee, and to be developed by INTERCONTINENTAL DEVELOPMENT CO. INC., an Illinois corporation, and WHEREAS, the President and Board of Trustees of the Village of Buffalo Grove have considered said Planned Development and have determined that the approval of said Planned Development for multiple family purposes is in the best interests of the Village of Buffalo Grove; NOW THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, ILLINOIS: SECTION ONE: That the Planned'Development proposed by INTERCONTINENTAL DEVELOPMENT CO. INC., an Illinois corporation, pursuant to Pre - Annexation Agreement and plans presented to the Plan Commission on the property legally described as: The North 470.0 feet, as measured on the East and West lines thereof, except the.East 483.06 feet, as measured on the North line thereof, ,together with the West 200.0 feet as measured on the South line thereof, of that part lying South of the North 470.0 feet as aforesaid, of the East 22 acres of the South 60 acres of the South 1/2 of the Southeast 1/4 of Section 6, Township 42 North, Range 11, East of the Third Principal Meridian, in Cook County, Illinois. be and it is hereby approved. (Plans prepared by 6 Ymoto n pSSd 0 1 A 7,6 s /4L P Et-5 7r S dated ,2 /� "7 ) . Said Planned Development shall be in substantial compliance with the said plans and Pre - Annexation Agreement. Said plans and Pre- Annexation Agreement are incorporated: herein and made a part hereof as Exhibits "A" and "B ". I SECTION TWO: That the Village of Buffalo Grove shall have the right to enter upon all private streets, alleys,,sidewalks and public use areas in said Planned Development for purposes of enforcing the ordinances of the Village and statutes of the State of Illinois, including but not by way of limitation, traffic regulations and the erections of such signs as may be necessary to enforce same. SECTION THREE: The Building Commissioner is hereby authorized and directed to issue building permits in accordance with the intent of this Ordinance upon satisfaction of the conditions set forth herein and in the plans. upon completion of the water and sanitary sewer systems to service the area, the owner and /or developer, as the case may be, shall cause to be conveyed to the Village by document or documents approved by the Village Attorney, easements for sanitary and storm sewers and water lines along with title,,ownership and control to said storm and sanitary sewer lines and water lines, including water meters. The Village shall have access to same for the purpose of replacing, repairing and maintaining. In all instances the Village shall restore the property to its original condition after any repair, maintenance or replacement. SECTION FOUR: All private streets, alleys, sidewalks, curbs, gutters and areas set aside for general use shall be maintained, repaired and replaced when necessary by the Intercontinental Develop- ment Co. Inc., a corp., and /or the owner, agent, beneficiary and their successors and assigns. In the event of failure so to do, and after the giving of ten days written notice, the Village shall have the right to enter upon said premises and make the necessary repairs, maintenance or replacement as the case may be,. charge back the cost thereof and upon failure of payment upon demand, institute appropriate action to recover in any proper court of law or equity. -2 f� r, SECTION FIVE: This Ordinance shall be in full force and effect from and after its pasaage,,approval and publication in the manner provided by law. AYES: NAY !p i S: " ' PASSED AND APPROVED this' /'ocday of F.1968. ATTEST: d ii4g Celrrxr -3- i