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1996-059ORDINANCE NO. 96 -59 AN ORDINANCE ACKNOWL- EDGING FULFILLMENT OF CERTAIN OBLIGATIONS UNDER ORDINANCE NO. 87 -69, AN ORDINANCE PROVIDING FOR THE RECOUPMENT OF ADVANCES FOR CONSTRUCTION OF WATER MAINS WHEREAS, THE VILLAGE OF BUFFALO GROVE, Cook and Lake Counties, enacted Ordinance No. 87 -69 on November 2, 1987, entitled, "An Ordinance for the Recoupment of Advances for Construction of Water Mains," and WHEREAS, Ordinance No. 87 -69 was recorded November 18, 1987, as Document No. 2632563 in the Office of the Recorder of Deeds, Lake County, Illinois; and received. WHEREAS, certain sums collectible under Ordinance No. 87 -69 have been NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS: Section 1• Receipt of Recapture Sums That the Village of Buffalo Grove hereby acknowledges receipt of certain sums collectible under Ordinance No. 87 -69 and releases the following legally described properties from the obligations imposed by said Ordinance: Property 1: The E 1/2 of the W 1/2 of the NE 1/4, and the E 1/2 of the N 9110 of the W 1/4 of the NE 1/4, all in Section 20, and; Property 2: That portion of the E 1/2 of the W 1/2 of the SE 1/4 that is North of the Commonwealth Edison right -of -way, the E 3/4 of the SE 1/4 which is South of the Commonwealth Edison right -of -way (excepting the East 66 -foot strip) and that portion of the E 1/2 of the SE 1/4 which is North of the Commonwealth Edison right - of -way and is bounded on the North by a line 990.0 feet South of the South line of the NE 1/4 and bounded on the East by a line 66.0 feet West of the East line of the SE 1/4, all being in Section 20. ' _ M ITEM XI. (B) (C) TO: William R. Balling Village Manager FROM: Richard K. Kuenkler Village Engineer Date: August 2, 1996 SUBJECT: RECAPTURE RELEASE ORDINANCE Attached are two ordinances releasing certain recapture obligations. Approval is recommended. r. Richard K. Kuenkler, P. E. RKK /jm /dm80 V' I VILLAGE OF BUFFALO GROVE ORDINANCE NO. ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE 0 UFFALO G -LWE THIS DAY OF , Published in pamphlet form by authority of the President and Board of Trustees of the Village of Buffalo Grove, Coo Lake Co ties, I ois, this �� day of �I 19 Village Clerk By Yeputy Village Clerk i ORDINANCE NO. 96 -59 AN ORDINANCE ACKNOWL- EDGING FULFILLMENT OF CERTAIN OBLIGATIONS UNDER ORDINANCE NO. 87 -69, AN ORDINANCE PROVIDING FOR THE RECOUPMENT OF ADVANCES FOR CONSTRUCTION OF WATER MAINS WHEREAS, THE VILLAGE OF BUFFALO GROVE, Cook and Lake Counties, enacted Ordinance No. 87 -69 on November 2, 1987, entitled, "An Ordinance for the Recoupment of Advances for Construction of Water Mains," and WHEREAS, Ordinance No. 87 -69 was recorded November 18, 1987, as Document No. 2632563 in the Office of the Recorder of Deeds, Lake County, Illinois; and received. WHEREAS, certain sums collectible under Ordinance No. 87 -69 have been NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS: Section 1• Receipt of Recapture Sums That the Village of Buffalo Grove hereby acknowledges receipt of certain sums collectible under Ordinance No. 87 -69 and releases the following legally described properties from the obligations imposed by said Ordinance: Property 1: The E 1/2 of the W 1/2 of the NE 1/4, and the E 1/2 of the N 9/10 of the W 1/4 of the NE 1/4, all in Section 20, and; Property 2: That portion of the E 1/2 of the W 1/2 of the SE 1/4 that is North of the Commonwealth Edison right -of -way, the E 3/4 of the SE 1/4 which is South of the Commonwealth Edison right -of -way (excepting the East 66 -foot strip) and that portion of the E 1/2 of the SE 1/4 which is North of the Commonwealth Edison right - of -way and is bounded on the North by a line 990.0 feet South of the South line of the NE 1/4 and bounded on the East by a line 66.0 feet West of the East line of the SE 1/4, all being in Section 20. Section 2: Remaining Sums That in all other respects, the Village hereby reacknowledges and reaffirms Ordinance No. 87 -69 as far as any real property not so hereby released. Section 3: Enactment That this Ordinance shall be in full force and effect from and after its passage and approval. This Ordinance shall not be codified. AYES: 6 - Marienthal, Reid, Rubin, Braiman, Hendricks, Glover NAYES: 0 - None ABSENT: 0 - None PASSED: August 19 , 1996 APPROVED: August 19 1996 ;4A& ope ATTEST: President Village Clerk This document prepared by: William G. Raysa RAYSA & SKELTON, P. C. Attorneys at Law Suite 400 - 1140 Lake Street Oak Park, IL 60301 -1002 ord9614 Mail to: Village Clerk Village of Buffalo Grove 50 Raupp Blvd. Buffalo Grove, IL 60089 10