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1979-005 V I\V 1 I.f 11 Y 1 L. Ilk). /-7 - J AN ORDINANCE AMENDING ANNEXATION AGREEMENT 24E,67679 DATED JUNE 2, 1978 AND AMENDING ORDINANCE NO. 78-45 (Arlington Country Club Condos) 'WHEREAS, the Village President and Board of Trustees, did, by Ordinance No. 78-45, approve an Annexation Agreement dated June 2, 1978 between the Village and Harris Trust and Savings Bank, as Trustee under Trust No. 31067, dated April 1 , 1963 and; Edward L. Holzrichter; and Daniel I . Taggart, Jr. as beneficiary of Harris Trust No. 31067, both individually and as Trustee of the Residuary Trust under the Last Will and Testament of Daniel I . Taggart , Deceased and Elsie Tagqart , as bene- ficiary under Harris Trust No. 31067, and WHEREAS, it has been determined that the legal description of the annexed property needs to be corrected; and WHEREAS, the aforesaid owners have requested that the terms and conditions 41-b of the aforesaid Annexation Agreement be amended, and (� WHEREAS, proper and due notices of public hearings and all public hearings required by law to execute the provisions of an amendment of the Annexation Agreement have been held in the manner provided by law, and WHEREAS, the President and Board of Trustees have considered said Amendment of Annexation Agreement and have determined that the adoption of said Amendment 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, COOK AND LAKE COUNTIES, ILLINOIS. SECTION 1 : That a certain Amendment of Annexation Agreement dated January 22, 1979 by and between the Village of Buffalo Grove and Harris Trust and Savings Bank, as Trustee under Trust No. 31067, dated April 1 , 1963 and; Edward L. Holzrichter; and Daniel I . Taggart, Jr. as beneficiary of Harris Trust No. 31067, both individually, and as Trustee of the Residuary Trust under the Last Will and Testament of Daniel I . Taggart, Deceased, and Elsie Taggart, as beneficiary under Harris Trust No. 31067, and Bernard Katz and Company, Inc. , an Illinois Corporation, be and the same is hereby approved. A true and correct copy of said Amendment of Annexation Agreement, as approved by the Corporate Authorities of the Village of Buffalo Grove, is attached hereto and made a part hereof -as Exhibit "A". ��f ,,,, "'...,,,", IMf�i'NMO�MIIVtlJ�Ml��ry9.. �NV�G(MR ,,. �d�l ��� .w«rmrtfrtmrm nrrrmr r m..arrwwwJww-.... �w,.�r.k���a tnr rruuwwmQon�W o Nw rrrtr -2- SECTION 2• That the legal description contained in Ordinance No. -�- 78-45 is hereby amended to read as follows : The North 242.0 feet of the South 275.0 feet of the West 1100.0 feet of the East 1870.22 feet of the Southeast 4 of Section 4, Township 42 North, Range 11 East of the third principal meridian, also the South 33 130 feet of the West 1100 feet of the East f1870.22eet oftfeetast of the Southeast 4 of Section 4, Township 42 North, Range 11 East of the third principal meridian, Also the North 50 feet of that Section 9, Township 42 North part of the Northeast � of Range 11 East of the third principal meridian which lies West of a line extended Southerly 770.22 feet West of and Parallel with the East line of said Section 4 Township42 North, Range 11 East of the third principal meridian, and which lies East of a line extended Southerly 900.22 feet West of and parallel the East line of said Section 4, Township 42 North, Range 11 East of the third principal meridian, in Cook County, Illinois, in addition that portion of the full width of all adjoining right of ways which do not currently lie within any municipal corporate bou ndaries-'a ri e s.. `. 6.3588 acres. scontaining approximately SECTION 3: The Village President and the Village Clerk are hereby to execute said Agreement on behalf of the Village of Buffalo Grove. authorized SECTION 4: This ordinance shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES : 5 - Bogart, Stone, Mendenhall , Kandel , Fabish NAYES : 2 - Rech, Marienthal ABSENT: 0 - None ` v PASSED: January 22 �I f 1979. APPROVED: January 22 1979. APPROVED: . i t = � I L V r! � ter,, Y�;- r wr pti Vi 1'lage President AT *r w .rerk "� �( uammwram ''"� rar�,�rraa�irarrrwwr ,uti.rarwc%+ fjF'�,� aremmummNmmrordlbm a*NoofN OfNWA*� mwwtm�mm�M AMENDMENT OF ANNEXATION AGREEMENT DATED JUNE 2, 1978 THIS AGREEMENT is made and entered into this 22nd day of January, 1979, by and between the VILLAGE OF BUFFALO GROVE, ILLINOIS (sometimes for convenience hereinafter referred to as "Village") , by and through the President and Board of Trustees of the Village of Buffalo Grove, (sometimes for convenience hereinafter collectively referred to as the "Corporate Authorities") , and HARRIS TRUST and SAVINGS BANK, as Trustee under Trust Number 31067, and not individually, dated April 1 , 1963 (hereinafter referred to as "Owner") and EDWARD L. HOLZRICHTER (hereinafter referred to as "Developer") and DANIEL I . TAGGART, JR. as beneficiary of Harris Trust No. 31067, both individually, and as Trustee of the Residuary Trust under the Last Will and Testament of DANIEL I . TAGGART, Deceased and ELSIE TAGGART, as beneficiary under Harris Trust No. 31067, and BERNARD KATZ & CO, INC. , an Illinois corporation hereinafter referred to as "Katz") . W I T N E S S E T H WHEREAS, an Annexation Agreement was entered into by and between the parties hereto on June 2, 1978, covering the property legally described as follows r The South 275.0 feet of the West 1100.0 feet of the East 1870.22 feet of the Southeast 1/4 of Section 4, Township 42 North, Range 11 , East of the Third Prin- cipal Meridian (except the South 50.0 feet thereof, � taken for Dundee Road) in Cook County, Illinois (here- � inafter referred to as "Subject Property") , and WHEREAS, it has been determined that the legal description of the annexed property together with certain adjacent street right of ways needs to be corrected to read as follows : The North 242.0 feet of the. South 275.0 feet of the West 1100.0 feet of the East 1870.22 feet of the Southeast 4 of Section 4, Township 42 North, Range 11 East of the Third Principal Meridian, also the South 33 feet of the East 130 feet of the West 1100 feet i of the East 1870.22 feet of the Southeast 4 of Section 4, Township 42 North, Range 11 East of the Third Principal Meridian, Also the North 50 feet of that part of the Northeast -q' of Section 9, Township 42 North, Range 11 East of the Third Principal Meridian which lies West of a line extended Southerly 770.22 feet West of and parallel with the East line of said Section 4, Township 42 North , Vpnlj�ryp>'("/,(p{'U;Fiu66''66V((6mj6rUMNV66iVIN6(UJ6"1ViV1VNNNN�166r�i6�Wfr �'iw6[�mwwwioaaaaauNiwiautrrwoiwfwd�rorwurrauuooi !w'wwruo�BNWWrrr66rtirW4rrGr oiurarroi pwo ,'s f w„wr Jortr w,. :wa warereGn rwau mawwv;wiv �w�cw,',r�rwr�rw;�r�rurrriw6wrJu�roa �6w(�rNNu(wNr�nr��,NN6f6�6�i�di(��(f�(Gi��(fu6Vi�NnNew 'N� WHEREAS, the Subject Property was duly annexed to the Village by Ordinance No. 78-46 and was zoned by the Village by Ordinance No. 78-47; and WHEREAS, said Annexation Agreement was approved by the Corpor- ate Authorities by Ordinance- No. 78-45; and WHEREAS, the Developer has an option to purchase the Subject Property from the Owner; that Katz has a contract to purchase said option from Developer; and WHEREAS, the Owners have requested that the terms and conditions of the aforesaid Annexation Agreement be amended, and WHEREAS, the Corporate Authorities of the Village, after due and careful consideration, have determined that the amendment of the aforesaid Annexation Agreement in the manner and on the terms and conditions set out herein will be highly beneficial to the Village, further the plan and growth of the Village, and will otherwise en- hance and promote the general welfare of the Village, and WHEREAS, pursuant to the provisions of Section 11-15.1-1, et seg. of the Illinois Municipal Code (Chapter 24 , Illinois Revised Statutes) of 1971, a proposed Amendment of Annexation Agreement in substance and in form the same as this Agreement was submitted to the Corporate Authorities and a public hearing was held thereon pursuant to proper and due notice as provided by statute. NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements herein contained, it is hereby agreed CO as follows: 1., That the Plat of Annexation attached as Exhibit "A" to the Annexation Agreement dated June 2', 1978 and identified as being Order Annexation attached to this Amendment as Exhibit ''A" and identified as being Order No. 775806-A by Certified Survey Company, and being further identified as including the following legally described real property: The North 242.0 feet of the South 275.0 feet of the West 1100.0 feet of the East 1870.22 feet of the Southeast � of Section 4, Township 42 North, Range 11 East of the Third Principal Meridian, also the South 33 feet of the East 130 feet of the West 1100 feet of the East 1870.22 feet of the Southeast � of Section 4, Township 42 North Range 11 east of the Third Principal Meridian, Also the North 50 feet of that part of the Northeast 4 of Section 9, Township 42 North, Range 11 East of the Third Principal Meridian which lies West of a line extended Southerly 770.22 feet West of and parallel with the East line of said Section 4, Township 42 North, Range 11 East of the Third Principal Meridian, and which lies East of a line extended Southerly 900.22 feet West of and parallel with the East line of said Section 4, Township 42 North, Range 11 East of the Third Principal Meridian , in Cook County, Illinois , in addition that portion of the full width of all adjoining right of ways which do not currently tie within any municipal corporate boundsri..es; containing approximately 6.3588 acres. 2. That paragraph 29 of the Annexation Agreement is hereby amended to read as follows : 29. In the event that Developer or Katz shall fail for any reason to consummatathe purchase of the Subject Property from the Owner prior to March 31 , 1979, then upon the Petition of Owner, the Subject property shall be disconnected from the Village. If said Petition to disconnect is not filed by the Owner by September 30, 1979, then this paragraph shall be null and void and no right to disconnect shall remain in the Owner. �f 39 That attached to the Annexation Agreement were the following Exhibits: (a) Exhibit "B" which was a Plan of Development prepared by JOSEPH RACCUGLIA and dated March 23, 1978, (b) Exhibit "D" which was Base Grade Elevations; that said Exhibit "B" is hereby deleted and Exhibit "B" attach-ed hereto and made a part hereof being 'Proposed 102 Unit Condominium Development, Buffalo Grove, Illinois ' prepared by RABIN LE NOBLE, ASSOCIATES, ARCHITECTS, PLANNERS Commission No. 7838, dated November, 1978, Revised January, 1979 and 1/12/79 consisting of three (3) sheets , is substituted therefor, and that said Exhibit "D" is amended by adding thereto the Exhibit "D" attached hereto and made a part hereof, being a 'design Wr Cad elevation of sidewalk established at 100 '00'; maximum top of building mansard roof •s� at elevation 145'00" (45'00" height above sidewalk) ' prepared by RABIN LE NOBLE dated January 12, 1979, Commission No. 7838, and all references to said Plan of Development and fuse Grade Elevations in said Annexation Agreement shall mean as amended by this paragraph 3, and any modifications in the preliminary engineering plans which are attached as Exhibit "C" to the Annexation Agreement, caused by the foregoing, are hereby approved. 4. That paragraph 22 of the Annexation Agreement is amended to read as follows: 22. This Agreement shall be binding upon and inure *to the benefit of the parties hereto, their respective successors and assigns, including, but not limited to BERNARD I:ATZ and Co. , INC. The parties acknowledge and agree •that the ' individuals who are Members of the group constituting the ' Corporate Authorities are entering into this Agreement in. their official capacities and shall have no personal lia- bility in their individual capacities for any matter covered by or referred to in this Agreement. 5. That paragraph 14 and 15 of the Annexation Agreement are hereby amended as follows: 14. The Developer has submitted building and landscgping plans, which plans attached hereto as Exhibit "C" to this amendment, conform to the requirements of Village ordinances.- The 'Developer will comply with any reason- able request -of the Village Engineer related to place- ment of structures , to preserve drainage 'standards. 15. The Developer has submitted, as part of the landscaping plan submitted as provided in Paragraph -14, a plan to provide for the preservation (except -at the location of the driveway as shown on the Plan of Development) of the existing tree line along the South boundary of the Sub- ject Property. The final plat of subdivision "wil.1 contain or be accompanied by a covenant running with the 'land re- stricting construction or other activities inconsistent N with 'the continuous maintenance of such tree line.' In ad- dition, the Developer agrees to take proper precautions ( j to preserve 'such tree line, as aforesaid, during the period tT� of construction. If any trees in said existing tree line are damaged in any way prior to the end of construction, � Developer shall replace said trees) with like kind, at his sole cost and expense,/and Developer, .its successor' or assigns , including any condominiun entity, if the Property is submitted to the Illinois Condominium Property Act pur- suant to paragraph 18 of the Annexation Agreement will pro- vide the Village with a cash bond in amount of $10,000 prior to approval of final plat of subdivision for replace- ment of any and all damaged or deceased trees within said tree line pursuant to the terms hereof. Said cash bond shall be effective for ten (10) years from date of final plat approval. 6. That paragraph 23 of the Annexation Agreement is hereby amended to read as follows : 23. Developer agrees to comply wi.th 'thd provisions of Village Ordinance 'No. 77-72 retarding park donations ,- according to a schedule 'under which ' it will make' 'contributions of money, in lieu of 1 contributions of -land for park sites, by way of paymennt of a lump sum to the Buffalo Grove lurk District.- The 'contribution of money to the Buffalo Grove Park District will be made byway of payment to the Village. -The total cash contribution under _ this paragraph 23 shall be $22,750 .00 to be paid on or before April 1, 1979 . 7. That in paragraph 24of the Anne xation'Agreement the total cash contribution to School District #21 is hereby changed from $2,566.67 to $3,308. 29, and the total cash contribution to School p District #214is hereby changed from $786.95 to $1,075. 50. 8. If any provisions of the Amendment Agreement are held in- l valid, such provisions shall be deemed to be excised herefrom and the invalidity thereof shall not effect any of the other provisions con- tained herein. .SEE PLAT JACKET REGARDING THIS DOCU r unimm . CV Q$F wi P I A T .r a G .i. rx naet p'�'e ira . 9. This Amendment Agreement may be recorded with the County Recorder of Cook County. IN WITNESS WHEREOF, the Corporate Authorities , Katz, Owner and De- veloper have caused this instrument to be executed in their own proper name or by their respective proper officers duly authorized to execute same on e day and year first above written. E VILLAGE OF BUFFALO GROVE, a Mu- 4,0 y nicipal Corporation of the .State 'of ro Ill Ill, .. �inois By:_ .p w ✓ ,, z age re ent .5ubject to the eXculpatory provisions attached hereto and made a part hereof. r; 1 ! ✓ HARRIS TRUST & SAVINGS BALK, a corpora- �' tion of Illinois , as Trustee:, under the �'" '� ✓� ,..o provisions of a Trust Agreenierit dated April• �� �, 31067.1. �. , and known Trust No. g.w 7 Qp ' i9 m ✓ ., . , �6J a as,t t '� •Paawu rvw ypmq ✓ ' d �: . By: T BENEFICIARIES OF OWNER: L. _ R Danx.e il T gg ,µ ivi ua and as Truste f th� esiduary Trust (under the Last Will' & Testament of BLOCHE, FRENCH & RAYSA (Daniel I. Taggert, Deceased. ATTORNEYS AT LAW SUITE 332 loll LAKE STREET N" FARK, ILLINOIS 60301 X.IERT iBRIR7� BERN KATZ &- CO. , INC. By: `