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1974-030 ORDINANCE NO. 74 - 30 AN ORDINANCE AMENDING ORDINANCE NO. 71-26 BEING "AN ORDINANCE AMENDING THE COMPREHENSIVE ZONING ORDINANCE OF THE i VILLAGE OF BUFFALO GROVE, ILLINOIS" WHEREAS, the President and Board of Trustees passed and approved "An Ordinance Amending the Comprehensive Zoning Ordinance of the Village of Buffalo Grove" being Ordinance No. 71-26, and WHEREAS, Grand Spaulding Dodge purchased the property involved from Chrysler Corporation, and WHEREAS, Grand Spaulding Dodge has been granted a building permit and has commenced building, and WHEREAS, it has been represented by Grand Spaulding Dodge that it will be unable to complete the building by October 11 , 1974, and WHEREAS, the above described Zoning Amendment contains a provision that failure to complete the building/s on or before October 11 , 1974, will result in reversion of the property to B-3 Zoning District, and WHEREAS, the President and Board of Trustees consider it in the best interest of the Village to have a commercial enterprise which will return a large volume of sales tax dollars to the Village, 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. Paragraph (b) of Section 2 of the aforesaid Ordinance No. 71-26 Amending the Comprehensive Zoning Ordinance passed and approved by the President and Board of Trustees of the Village of Buffalo Grove, Cook and Lake Counties, Illinois, is amended to read as follows: Paragraph (b) In the event the property is not put to such use on or before October 11, 1975, the same shall automatically and without further action revert to B-3 Planned Business Center District. SECTION 2. The property involved in said ordinance is legally } : described as follows: YA The West 500 feet of the North 871.20 feet of the East h of the Northwest 4 of Section 8, Township 42 North, Range 11, East of the 3rd P.M. , (except that part taken for highway purposes) in Cook County, Illinois. SECTION 3. All of the other provisions of said Zoning Amendment shall remain in full force and effect. SECTION 4. This Ordinance shall be in full force and effect from and after its passage, approval and publication. AYES (p NAYES D ABSENT D PASSED A; , 1974 APPROVED /G , 1974 PUBLISHED in pamphlet form. APPRO . e dent ATTEST: Village Clerk