1972-032 ORDINANCE NO. 7 2 -
An Ordinance Approving an Annexation Agreement
WHEREAS, the President and Board of Trustees of the Village
of Buffalo Grove have heretofore held a public hearing on the question
of adopting a certain Annexation Agreement by and between the COSMO-
POLITAN NATIONAL BANK as Trustee under Trust No. 19036, DOMINION DEVELOP-
MENT COMPANY, an Illinois Corporation, and the VILLAGE of BUFFALO GROVE;
and
WHEREAS, due notice of said public hearing was given as required
by law; and
WHEREAS, all other public hearings required by law to execute
the provisions of said Annexation Agreement have been held in the manner
provided by law; and
WHEREAS, the President and Board of Trustees have considered
said Annexation Agreement and have determined that the adoption of said
Annexation Agreement 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:
SECTION ONE: That a certain Annexation Agreement by and
between the Village of Buffalo Grove, COSMOPOLITAN NATIONAL BANK as
Trustee under Trust No. 19036, and DOMINION DEVELOPMENT COMPANY dated
,✓ , 1972, be and it is hereby approved. A true and correct
copy of said Annexation Agreement, as approved by the corporate author-
ities of the Village of Buffalo Grove, is attached hereto and made a
part hereof.
SECTION TWO: The Village President and the Village
Clerk are hereby authorized to execute said Agreement on behalf of
the Village of Buffalo Grove.
SECTION THREE: This ordinance snall be in full force ane
effect from and after its passage and approval in the manner provided
by law.
AYES;
Is-
NAYS:
PASSED and APPROVED this da of 7=,
J_ age Presid t
Ar'fLST
Village Clerk