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2016-06-20 - Ordinance 2016-037 - APPROVING DIA WITH WOODMANS 6.16.16 Ordinance No. 2016-037 AN ORDINANCE APPROVING A DEVELOPMENT AGREEMENT BY AND BETWEEN THE VILLAGE OF BUFFALO GROVE AND WOODMAN'S FOOD MARKET, INC. WHEREAS, the Village of Buffalo Grove is a Home Rule Unit by virtue of the Illinois Constitution of 1970; and WHEREAS, Woodman's — an employee owned company that currently operates numerous grocery stores in Wisconsin and Illinois — desires to construct and operate an approximately 241,000 square foot grocery store along with a fuel center, convenience store, quick lube and carwash at the northwest and southwest corner of Deerfield Parkway and Milwaukee Avenue in the Village (the "Project");and WHEREAS, the northwest and southwest corner of Deerfield Parkway and Milwaukee Avenue in the Village is currently undeveloped land; and WHEREAS, as a condition of receiving any economic incentive by the Village to Woodman's, Woodman's must construct offsite roadway and intersection improvements along Deerfield Parkway and Milwaukee Ave, which costs will be reimbursed to Woodman's through a sales tax sharing agreement;and WHEREAS, in order to encourage renovation and redevelopment of area near Deerfield Parkway and Milwaukee Ave, the Village agrees to share sales tax revenue generated by Woodman's located on the property over a finite period of time, as provided for in the attached agreement; and WHEREAS, the Village has the power and authority to enter into the Economic Incentive Agreement pursuant to, but not by way of limitation, the home rule powers of the Village under Section 6, Article V11 of the 1970 Constitution of the State of Illinois. 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. The foregoing Whereas clauses are hereby incorporated herein. Section 2. The Village President and Village Clerk are hereby authorized to execute the Development Agreement By and Between the Village of Buffalo Grove and Woodman's Food Market Inc.,a copy of which is attached hereto as Exhibit "A". Section 3. This Ordinance shall be in full force and effect from and after its passage, approval and publication. This Ordinance may be published in pamphlet form. This Ordinance shall not be codified. AYES: 6—Berman. Trillina. Stein, Ottenheimer, Weidenfeld, Johnson NAYS: 0- None ABSENT: 0- None PASSED: June 20, 2016. APPROVED: June 20, 2016. ATTEST: APPROVED: Janet IVI. Sirabian, Village Clerk Beverly Suss;;on Village President EXHIBIT DEVELOPMENT AGREEMENT BY AND BETWEEN E VILLAGE OF BUFFALO GROVE AND WOODMAN'S FOOD MARKET, INC. 6/17/2016—JMS DRAFT (includes changes from JIPS). DEVELOPMENT AGREEMENT BY AND BETWEEN THE VILLAGE OF BUFFALO GROVE AND WOODMAN'S FOOD MARKET, INC. This Agreement is made and entered into as of the cWA`day of June, 2016, ("Agreement"), by and between the Village of Buffalo Grove, an Illinois home rule municipal corporation (hereinafter defined as the "Village") and Woodman's Food Market, Inc., a Wisconsin corporation authorized to do business in Illinois, (hereinafter defined as "Woodman's"). In consideration of the recitals and mutual covenants and agreements set forth herein, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: SECTION 1. RECITALS. A. Woodman's desires to construct an approximately 241,000 square foot grocery store along with a fuel center, convenience store, quick lube and carwash at the northwest and southwest corner of Deerfield Parkway and Milwaukee Avenue in the Village (hereinafter collectively defined as the "Project"). B. Woodman's must first acquire and develop approximately twenty (20) acres of the property located at the northwest corner (Parcel 1) and southwest corner (Parcel 2) of Deerfield Parkway and Milwaukee Avenue (hereinafter collectively defined as the "Premises"), which is graphically depicted in Exhibit "A" attached hereto. C. Woodman's must then construct the Project on the Premises. In order to receive any economic incentive from the Village, Woodman's must construct a grocery store with related parking and loading spaces necessary on Parcel 1; and Woodman's must also construct a fuel center, convenience store, quick lube and carwash on the western 1.7 acres of Parcel 2. The remaining balance of Parcel 2 is proposed to be developed by Shorewood Development Group (SDG) for commercial, retail and office purposes which is not subject to this Agreement. D. Upon Woodman's acquisition of the Premises and development of the Project, and in order to receive any economic incentive from the Village, Woodman's agrees that it shall be financially responsible for constructing all necessary offsite roadway and intersection improvements along Deerfield Parkway and Milwaukee Ave, as required by the Village, the Lake County Department of Transportation and the Illinois Department of Transportation. Said offsite roadway and intersection improvements are estimated at $4,000,000.00. E. Woodman's is seeking reimbursement for the offsite roadway and intersection improvement costs, in an amount not to exceed $4,000,000.00, plus an additional payment of $3,000,000.00 for a combined request of$7,000,000.00. F. In order to promote Woodman's to develop the Project in the Village, and to assist them with the Project, the Village agrees, pursuant to the terms of this Agreement, to share certain 1 sales tax received by the Village that corresponds to new sales tax revenue generated from the retail sales associated with the Project. G. The Village will rebate an incremental portion of its sales tax revenue collected from Woodman's from taxable sales associated with only grocery, general merchandise and products. H. Sales tax revenue received by the Village from Woodman's motor fuel sales at their fuel center and other sales tax revenue generated by SDG's commercial/retail development on the balance of Parcel 2 shall not be included in the sales tax sharing. I. The Village has the power and authority to enter into this Agreement pursuant to, but without limitation, the home rule powers of the Village under Section 6, Article VII of the 1970 Constitution of the State of Illinois. J. The single order acceptance point for the Business is conducted from the Premises. K. Woodman's has projected an opening date of late summer or early fall of 2018. SECTION 2. RULES OF CONSTRUCTION AND DEFINITIONS. X The language in this Agreement shall be interpreted in accordance with the following rules of construction: (a) The word "may" is permissive and the word "shall" is mandatory; and (b) except where the context reveals the contrary: The singular includes the plural and the plural includes the singular, and the masculine gender includes the feminine and neutral. B. Whenever used in the upper case in this Agreement, the following words shall have the following meanings: a. Audit. A review of the books and records of the Business by the Financial Consultant for the purpose of making a determination of the amount of Municipal Sales Tax Revenue the Village should have received under the terms of this Agreement and for the purpose of verifying Woodman's compliance with the terms of this Agreement. b. Business. All of the sales operations of Woodman's that occur on the Premises, excluding sales of gasoline. c. Commencement D'ate. The first day of the first calendar month following the date upon which Woodman's is issued a Village Certificate of Occupancy for the operation of the Business on the Premises but not later than October 1, 2020. d. Financial Consultant. The person, firm or corporation and agents thereof authorized by the Village to conduct an Audit of the Business, at the sole cost and expense of the Village, regarding all transactions occurring during any given Sales Tax Year following the date of this Agreement. e. Gross Receipts. The term "Gross Receipts" shall have the same meaning as that which is ascribed to it in the Retailers' Occupation Tax Act. 2 f. Incentive Cap. The sum of $3,000,000.00 plus the Offsite Improvements Cost which shall not exceed $4,000,000.00 for a total amount not to exceed $7,000,000.00. g. Incentive Payment The payment to Woodman's of a portion of the Municipal Sales Tax Revenue that the Village is required to make pursuant to Section 4 of this Agreement. h. Municipal Sales Tax Revenue. That portion or component of the Village's Home Rule Sales Tax of one percent (11%); Village's Retailer's Occupation Tax of one percent (11%); and the Village's Food and Beverage sales tax of one percent (11%) generated from the Business on the Premises that are collected by the Illinois Department of Revenue and paid to the Village. If the authorized taxes enumerated above cease to exist or their titles change, Municipal Sales Tax Revenue shall include any tax replacing the taxes enumerated above that are based in retail sales taxes generated from the Business on the Premises and collected by the Illinois Department of Revenue. For purposes of this Agreement, the Municipal Sales Tax Revenue shall not include sales tax revenue generated from the Business on the Premises resulting from the sale of gasoline or fuel. For purposes of this Agreement, Municipal Sales Tax Revenue shall not include any sales tax revenue or other revenue not generated by the Business. Such an exclusion shall include, but not be limited to, any revenue received by the Village from sales tax generated by third-party commercial, retail and office development and operations. i. Offsite Improvements. All necessary improvements to roads, intersections, drainage facilities, or other improvements in public rights-of-way along Deerfield Parkway and Milwaukee Avenue, or otherwise on private property but for the benefit of the public, as it relates to the road construction that are required by the Village, the Lake County Department of Transportation, or the Illinois Department of Transportation to be constructed by Woodman's in connection with the Project. j, Offsite Improvements Cost. All hard costs (such as labor and materials) and soft costs (such as permit and license fees, and the reasonable fees of architects, engineers, and other construction professionals) incurred and paid by Woodman's for the Offsite Improvements, Reimbursement for the Offsite Improvement Costs, as provided for in this Agreement, shall not exceed $4,000,000.00. k. PaVment_Date. Within ninety (90) days after the end of each Sales Tax Year. I. Sales Tax Year. The period of time commencing on the Commencement Date and ending on the date that is one year after the Commencement Date, and each of the nineteen (19) succeeding one-year periods thereafter. The Sales Tax Year shall not extend to any date beyond October 1, 2040. 3 SECTION 3. WOODMAN'S OBLIGATIONS A. Obligation Prerequisites. Woodman's obligations listed below and rights to receive the Incentive Payment are contingent upon Woodman's a. first acquiring or otherwise being authorized to use the Premises; and b. construction of the Project andmperEtioDVftheBuaineeS; c. construction of the [Jffs1he Improvements. B. New Construction. Prior to the -receipt of any Incentive Payment from the Village, Woodman's shall construct a minimum 241,000 square foot grocery store with related perking and necessary loading spaces on Parcel 1. Woodman's shall construct a fuel Center. convenience store. quick |ubg and conwaah OD the western 1.7 acres of Parcel 2. It is understood and agreed that the final plans including but not limited to e site p|an, engineering p|ans, signage p|ane, building plans, exterior elevations and landscape plans are subject tufuture public hearings and the final review and approval by the Village. The Village agrees to expeditiously review and process said p|ans, which shall substantially conform to Exhibit A. C. Roadway and Intersection Improvements. Prior to the rece|ptofany Incentive Payment from the Village and as part of the Project, Woodman's shall be financially responsible for constructing the Offs\te Improvements which are estimated to be a cost of$4.00O.00O.00. D. Failure to Construct. In the event Woodman's is unable or unwilling to construct the Project on the Premises and the [}ffsite Improvements by October 1. 2U2O this Agreement mho|| become null and void. The Village's sole remedy for Woodman's failure to construct shall be the Village's right to unilaterally terminate this Agreement and declare the Agreement null and void. E. Failure to Conduct CustomarV Business Operations. In the event Woodman's fails to conduct its customary business operations on the Prenn|aee. the Village shall be under no obligation to make any payments authorized by this Agreement. The Village shall have no obligation to make any Incentive Payment or perform any obligation of this Agreement should Woodman's not bethe entity engaged in the customary business operation, except ifan assignment has been completed pursuant to Section 8(K8) below. Failure to conduct customary business operations does not include temporary closures of the Business that are less than 12 months or when business operations cease due to an act ofGod. Should Woodman's reinstate customary business operations on the Premises after 12 months, the Village's obligations shall be reinstated with the exception for the period in which Woodman's customary business operations had ceased. The Village's sole remedy for Woodman's failure to conduct customary business operations shall be the Village's termination of any Incentive Payments while the Business \a not inoperation. SECTION 4. MUNICIPAL SALES TAX PAYMENT. A. The Village shall pay Woodman's an eCVnonn\o incentive, from the Municipal Sales Tax Revenue on or before the Payment Date that share of the amount equal to the following formulas, but only up [o the Incentive Cap: a. For the first through the fifth Sales Tax Years the Village shall:- i. retain the first $250.000.00 of Municipal Sales Tax Revenue, 4 ii. shall pay the next $250,000.00 of Municipal Sales Tax Revenue to Woodman's iii. and the Village shall retain 50% and pay Woodman's 50% the Municipal Sales Tax Revenue collected after the payment in subsection ii. above has been made. b. For the sixth through the tenth Sales Tax Years the Village shall: i. retain the first $300,000.00 of Municipal Sales Tax Revenue, ii. shall pay the next $300,000.00 of Municipal Sales Tax Revenue to Woodman's iii. and the Village shall retain 50% and pay Woodman's 50% the Municipal Sales Tax Revenue collected after the payment in subsection ii. above has been made. c. For the eleventh through the fifteenth Sales Tax Years the Village shall: i. retain the first $350,000.00 of Municipal Sales Tax Revenue, ii. shall pay the next $350,000.00 of Municipal Sales Tax Revenue to Woodman's iii. and the Village shall retain 50% and pay Woodman's 50% the Municipal Sales Tax Revenue collected after the payment in subsection ii. above has been made. d. For the sixteenth through the twentieth Sales Tax Years the Village shall: i. retain the first $400,000.00 of Municipal Sales Tax Revenue, ii. shall pay the next $400,000.00 of Municipal Sales Tax Revenue to Woodman's iii; and the Village shall retain 50% and pay Woodman's 50% the Municipal Sales Tax Revenue collected after the payment in subsection ii. above hase been made. B. The Incentive Payment shall not be a general obligation of the Village. The Village shall have no obligation to pay the Incentive Payment or any other amounts to Woodman's except an amount equal to the Municipal Sales Tax Revenue share generated from the Business on the Premises actually received from Illinois Department of Revenue. C. The Incentive Payment shall first apply to the Offsite Improvement Costs. If the Offsite Improvement Costs are less than $4,000,000.00 then the Village's obligation under this Agreement shall be reduced accordingly. Woodman's shall provide, upon request by the Village, certified copies of all actual expenses relating to and in conjunction with the construction of all necessary offsite roadway and intersection improvements along Deerfield Parkway and Milwaukee Avenue as required by the Village, Lake County Department of Transportation and the Illinois Department of Transportation prior to any Incentive Payment. Once the Offsite Improvement Costs have been fully reimbursed, then the remaining $3,000,000.00 of the Incentive Payment shall begin to be remitted to Woodman's as provided for in this Agreement. D. The Village is obligated to make the Incentive Payment until the Offsite Improvement Costs are reimbursed and $3,000,000.00 has been remitted to Woodman's. However, the Village shall not be obligated to make any payments, regardless of how much has been remitted to Woodman's after twenty (20) years from the Commencement Date. 5 E. In the event that any sales tax returns that have been submitted to the Village are amended, Woodman's shall promptly provide amended sales tax returns to the Village, clearly identifying them as an amendment of a sales tax return previously submitted to the Village. SECTION 6. LITIGATION AND DEFENSE OF AGREEMENT. A. Litigation. If, during the term of this Agreement, any lawsuits or proceedings are filed or initiated against either party before any court, commission, board, bureau, agency, unit of government or sub-unit thereof, arbitrator, or other instrumentality, that may materially affect or inhibit the ability of either party to perform its obligations under, or otherwise to comply with, this Agreement ("Litigation"), the party against which the Litigation is filed or initiated shall promptly deliver a copy of the complaint or charge related thereto to the other party and shall thereafter keep the other party fully informed concerning all aspects of the Litigation. SECTION 6. REMEDIES. A. Remedies. In the event of a breach or an alleged breach of this Agreement by either party, either party may, by suit, action, mandamus, or any other proceeding, in law or in equity, including specific performance, enforce or compel the performance of this Agreement. Any claim or suit related to this Agreement shall be filed in the Circuit Court of Lake County. The substantially prevailing party shall be entitled to recovery of its attorney's fees and costs. B. Notice and Cure. Neither party may exercise the right to bring any suit, action, mandamus or any other proceeding pursuant to Subsection A of this Section without first giving written notice to the other party of the breach or alleged breach and allowing 15 calendar days to cure the breach or alleged breach; provided, however, that if the party accused of the breach or alleged breach cannot cure the condition within 15 calendar days after the notice, notwithstanding the party's diligent and continuous effort, promptly commenced and diligently continued upon receipt of the notice, then the period to cure the violation or failure shall be extended for the time necessary to cure the violation with diligence and continuity, but in no event longer than 180 calendar days unless extended in writing by the non- breaching party. SECTION 7. TERM., The term of this Agreement shall be the earlier to occur: 1. Payment of Incentive Payment has been completed; 2. The twentieth (20th) anniversary of the Commencement Date has been reached; SECTION 8. RELEASE OF INFORMATION. A. Prior to any payments by the Village of any sums as provided for in this Agreement, Woodman's shall cause to be delivered to the Village, on a quarterly basis, the Illinois Retailers' Occupation Tax, Use Tax and Service Occupation Tax returns and/or other documentation submitted by Woodman's to the Illinois Department of Revenue, which detail the amount of Sales Tax that Woodman's paid to Illinois Department of Revenue with respect to Woodman's Business. If necessary, Woodman's shall provide the Village with a limited power of attorney, addressed to and in a form satisfactory to the Illinois Department 6 of Revenue, authorizing the Illinois Department of Revenue to release to the Village all gross revenue and sales tax information submitted by Woodman's to the Illinois Department of Revenue. Additionally, in the event that the Illinois Department of Revenue does not make available to the Village said documentation, Woodman's shall provide alternative documentation that details the amount of sales taxes that Woodman's paid to the Illinois Department of Revenue. SECTION 9. GENERAL PROVISIONS. A. Complete Agreement; Supersedence. This Agreement constitutes the complete agreement of the parties regarding the payment of Municipal Sales Tax Revenue to Woodman's and shall supersede and nullify all prior drafts and agreements concerning the payment of Municipal Sales Tax Revenue to Woodman's. B. Amendments. No amendment to, or modification of, this Agreement shall be effective unless and until it is in writing and is approved by the authorized representative of Woodman's and by the Village of Buffalo Grove's corporate authorities by Ordinance duly adopted, and executed and delivered by the authorized representatives of each party. C. Notices. Any notice or other communication required or permitted to be given under this Agreement shall be in writing, and shall be deemed delivered to and received by the addressee thereof when delivered in person at the address set forth below, or three business days after deposit thereof in any main or branch United States Post Office, certified or registered mail, return receipt requested, postage prepaid, properly addressed to the parties, respectively, as follows: For notices and communications to the Village: Village of Buffalo Grove 50 Raupp Blvd. Buffalo Grove, Illinois 60089 Attention: Director of Finance With a copy to: William G. Raysa, Esq. Tressler LLP, 233 S Wacker Drive, 22nd Floor Chicago, 1L. 60606 For notices and communications to the Woodman's Food Market, Inc. Woodman's: 2631 Liberty Lane Janesville, W1 53545 Attention: Clint Woodman With a copy to: Boardman & Clark LLP P. O. Box 927 Madison, WI 53701-0927 Attention: John Starkweather By notice complying with the foregoing requirements of this paragraph, each party shall have the right to change the address or addressee or both for all future notices and communications to such party, but no notice of change of address shall be effective until actually received. 7 D. Indemnity. In the event that any governmental department or agency institutes any administrative or legal proceedings relating to the enforcement of any Federal, state or local laws against the Village, which relate to this Agreement including, but not limited to any administrative or other legal action relating to this Agreement or the Prevailing Wage Act 820 ILCS 130/.01 of seq. (the "Act") (hereinafter "Governmental Action"), then Woodman's shall indemnify and hold harmless the Village from any and all Governmental Action including any and all loss, liability, damages, fines and expenses including attorneys' fees and court costs resulting from Governmental Action. Further, Woodman's, upon receiving notice from the Village of such Governmental Action, shall assume, fully and vigorously, the entire defense of such lawsuit or proceedings and any and all costs and expenses of whatever nature relating thereto; provided, however, that Woodman's may not at any time settle or compromise such proceedings without the Village's consent and even then only so long as such settlement or compromise does not involve an admission of wrongdoing on the part of the Village, nor any liability on the part of the Village, monetary or otherwise. If the Village, in its sole discretion, determines that there is, or may be, a conflict of interest between the Village and Woodman's on an issue of material importance to the Village, or that such issue or conflict may have a substantial adverse effect on the Village, then the Village shall have the option of being represented by its own legal counsel. In the event that the Village exercises such option, then Woodman's shall reimburse the Village from time to time on written demand from the Village and notice of the amount due for any and all reasonable out-of-pocket costs and expenses, including but not limited to court costs, reasonable attorney's fees, witnesses' fees and/or other litigation expenses incurred by the Village in connection therewith. Woodman's shall not be liable to defend, indemnify, release and/or hold harmless the Village as defined in this Paragraph D unless Woodman's is in breach of this agreement and such breach has not been cured within 30 calendar days of the date that the Village notifies Woodman's. E. Governing Law. This Agreement and the rights of the parties hereunder shall be governed by, and construed, interpreted, and enforced in accordance with, the internal laws, and not the conflict of law rules of the State of Illinois. F. Interpretation. This Agreement has been negotiated by all parties and shall not be interpreted or construed against the party drafting the Agreement. G. Change in Laws. Unless otherwise explicitly provided in this Agreement, any reference to laws, ordinances, rules, or regulations of any kind shall include such laws, ordinances, rules, or regulations of any kind as they may be amended or modified from time to time hereafter. H. Headings. The headings of the sections, paragraphs, and other parts of this Agreement are for convenience and reference only and in no way define, extend, limit, or describe the meaning, scope, or intent of this Agreement, or the meaning, scope, or intent of any provision hereof. 1. Time of Essence. Time is of the essence in the performance of all terms and provisions of this Agreement. J. Severability. It is the express intent of the parties hereto that should any provision, covenant, agreement, or portion of this Agreement or its application to any person, entity, or property be held void, invalid, or unenforceable by a court of competent jurisdiction, such 8 action shall not affect the remainder of this Agreement, which shall continue in full force and effect. K No Third Party Beneficiaries. Nothing in this Agreement shall create, or be construed to create, any third party beneficiary rights in any person or entity not a signatory to this Agreement. L. Counterparts. This Agreement may be executed in any number of multiple identical counterparts and all of said counterparts shall, individually and taken together constitute the Agreement. M. Assignment. Woodman's may not assign this Agreement or the amounts, in whole or part, to be paid hereunder without the Village's prior written consent. The Village acknowledges, that this Agreement is an obligation which runs to Woodman's and is not a covenant running with the land. Notwithstanding the foregoing, in the event that Woodman's sells all of its assets, or the principals of Woodman's sells all or substantially all of their stock, and following the sale, the operations of the Business remain substantially the same and in conformance with all obligations of the Agreement, this Agreement will remain in full force and affect subject to the Village granting its approval of the Assignment of the Agreement, which may not be unreasonably withheld. The assignee shall be bound by all of the terms and conditions of the Agreement. N. Audit. Upon prior written notice to Woodman's, and at a place and time that is mutually beneficial to both parties, the Village shall have the right to conduct an Audit, at the Village's sole cost and expense, of Woodman's to inspect and review those books and records which are directly related to establishing Gross Receipts for any Sales Tax Year, or any portion thereof. O. No Village Obligation. The parties acknowledge and agree that none of the terms, conditions or provisions of this Agreement shall be construed, deemed, or interpreted as (i) a restriction or prohibition on the Village from eliminating or amending its Home Rule Sales Tax, or (ii) a requirement to impose a sales or other tax for the purpose of providing a source of funds for the Incentive Payment. P. Certifications. Each party hereto certifies hereby that it is not barred from entering into this Agreement as a result of violations of either Sections 33E-3 or 33E-4 of the Illinois Criminal Code (720 ILCS 5/33 —E-3, 5/33-E-4), that it has a written policy against sexual harassment in place in full compliance with 775 ILCS 5/2-105(A)(4), and it is in compliance with the Illinois Drug Free Workplace Act (30 ILCS 580/2). Q. Prevailing Wage. Woodman's is hereby notified by the Village that work contemplated by this Agreement may be subject to the Prevailing Wage Act 820 ILCS 130/1 et seq during the term of this agreement. Woodman's agrees to comply with all applicable provisions of the Illinois Prevailing Wage Act as administered by the Illinois Department of Labor ("IDOL"). Woodman's further agrees to contact IDOL for a determination of applicability of the Prevailing Wage Act to the projects contemplated by this Agreement. If required by IDOL, Woodman's agrees to pay the prevailing wage rates and to require that all of its subcontractors pay prevailing wage to any laborers, workers or mechanics who perform construction work on the Project contemplated by this Agreement. Woodman's recognizes and agrees that it is solely responsible for compliance with the Prevailing Wage Act and 9 agrees to fully indemnify, defend and hold harmless the Village pursuant to Section 9. D. above with regard to any actions or proceedings instituted regarding such compliance. R. Independent Business Relationship. Nothing contained in this Agreement nor any act of the Village shall be deemed or construed by any of the parties, or by third-parties, to create any relationship of third-party beneficiary, or of principal or agent, or of limited or general partnership, or of joint venture, or of any association or relationship involving the Village and Woodman's beyond the terms stated herein. IN ITS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized representatives as of the date first above written. VILLAGE OF BUFFALO GROVE By: ATTEST: Beverly SjsrTian, Village President Janet Sirabian, Village Clerk woo By: Clint Woodman' Its: Vice President ATTEST: r\ Its;_&u 10 ACKNOWLEDGEMENT STATE OF ILLINOIS SS COUNTY OF LAKE This instrument was acknowledged before me on �7 2016 by Beverly Sussman, the Village President of the VILLAGE OF BUFFALO GROVE, an Illinois home rule municipal corporation, and by Janet Sirabian, the Village Clerk of said municipal corporation. Julie Kamka Notary Public-State of iii .s §--ig'n f R'6tary My Cornnfission Expires 1 04/06/2019 SEAL: My Commission expires: 0 1//V& ACKNOWLEDGEMENT STATE OF ILLINOIS SS COUNTY OF LAKE This instrument was acknowledged before me on xob- 2 X�- 2016 by Clint I Woodman, Vice President of Woodman's Food Market, Inc. a yyiscon in Corporation. Signature of Notary SEAL: My Commission expires: 2 2-- 12 EXHIBIT A T DEVELOPMENT AGREEMENT Y AND BETWEEN THE VILLAGE OF BUFFALO GROVE AND WOODMAN'S FOOD MARKET, INC. (Graphic Depiction of the Premises) 1i I f !1 3 r�