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1992-016 1/29/92 ORDINANCE NO. 92- 16 AN ORDINANCE APPROVING AN ANNEXATION AGREEMENT Winchester Estates Townhomes (Route 83/Bank Lane) WHEREAS, the Village of Buffalo Grove is a Home Rule Unit by virtue of the Illinois Constitution of 1970; and, WHEREAS, there has heretofore been submitted to the Corporate Authorities of the Village of Buffalo Grove a petition to annex the property legally described in Exhibit A hereto; and, WHEREAS, there has been submitted to the Corporate Authorities of the Village of Buffalo Grove an Annexation Agreement; and, WHEREAS, proper and due notice of the public hearing on said Annexation Agreement and Zoning has been given and a public hearing was held; and, WHEREAS, it is determined to be in the best interest of the Village of Buffalo Grove to approve said Annexation Agreement. 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 Annexation Agreement, a copy of which is attached hereto and made a part hereof as Exhibit A is approved. Section 2. The President and Clerk of the Village are hereby authorized to execute said Agreement on behalf of the Village of Buffalo Grove. Section 3. This Ordinance shall be in full force and effect from and after its passage and approval. This Ordinance shall not be codified. AYES: 5 _ Marient Braiman Hendricks hal Reid Kahn NAYES: 0 - None ABSENT: 1 - Rubin PASSED: Februar 3 1992 APPROVED : February 3 1992 ATTEST: APPROVED : I l p Villa4,6 Clerk 5IDNEY H. 'fHIAS, Village President WINCHESTER ESTATES, ROUTE 83/13ANK LANE ANNEXATION AGREEMIENT EXHIBIT A SUBJECT PROPERTY LEGAL DESCRIPTION : Lots 3, 4 and 7 (except that part of Lot 7 falling in Seigle's Resubdivision recorded July 26, 1989 as document 2814414 and except the West 21 .00 feet of the North 6.00 feet of the South 36 feet of Lot 7) in Buffalo Grove Manor, being a subdivision of a part of the South Half of Section 33 , Township 43 North, Range 11 , East of the Third Principal Meridian, according to the plat thereof recorded June 21 , 1950 as document 701006 in Book 32 of plats, page 28, in Lake County, Illinois. SUBJECT PROPERTY COMMON DESCRIPTION : The approximately 11 .2-acre tract at the northeast corner of Illinois Route 83 and Bank Lane. 1/29/92 WINCHESTER ESTATES TOWNHOMES RED SEAL DEVELOPMENT CORPORATION Route 83/Bank Lane ANNEXATION AGREEMENT Table of Contents 1. Applicable Law. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 2. A reement: Compliance and Validity . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 3. Enactment of Annexation Ordinance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 4. Enactment of Zoning Ordinance. . . . . . .. . . .. . . . . . . . . . . . . . . . . . . . . . . .3 5. Approval of Plats. . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 6. Compliance with Applicable Ordinances. . . . . . . . . . . . . . . . . . . . . . . . . .4 7. Amendment of Plan. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .5 8. Building Permit Fees. . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 9. Water Provision. . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . .6 10. Storm and Sanitary Sewer Provisions. . . . . . . . . . .. . . . . . . . . . . . . . . . . .6 11. Drainage Provisions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 12. PayTent of Recapture Fees Owed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 13. SecuritZ for Public and Private Site Improvements. . . . . . . . . . . . . . .8 14. Right,-of-Way Dedication. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 15. Exhibits. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 16. Annexation Fee. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 17. Building, Landscaping and Aesthetics Plans. . . . . . . . . . . . . . . . . . . . . .9 18. Declaration of Covenants, Conditions and Restrictions. . . . . . . . . . 1O 19. Project Models. . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 11 20. Park District Donations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 21. School District Donations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 22. Facilitation of Development. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 23. EnforceabilitZ of the Agreement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 24. Term of Agreement. . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 25. Binding Effect of Agreement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 26. Corporate Capacities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 27. Notices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 28. Default. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . .13 29. Litigation. . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 30. Special Conditions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . .15 WINCHESTER ESTATES TOWNHOMES Route 83/Bank Lane Annexation A reement LOCATION MAP - g R64 (P.6r"` (P) 6 li R 6 2 ro.f .NO I - -'P P ' R 9"- R ,6 R i R 7 P R4 �� . R9'& B B5 R 7 RP � f 9 R 9 = 4 B3 5 B2 9., R 8 y RE Rls .y(Re ei RE ,. P Pic ' R 9 s . I (R 8 1 ...f.C. .... 3 R A s Subject Property 1/29/92 WINCHESTER ESTATES TOWNHOMES RED SEAL DEVELOPMENT CORPORATION Route 83/Bank Lane ANNEXATION AGREEMENT This agreement (hereinafter referred to as the "Agreement") made and entered into this 3rd day of February, 1992, by and between the VILLAGE OF BUFFALO GROVE (hereinafter referred to as "Village") by and through the President and Board of Trustees of the Village (hereinafter collectively referred to as the "Corporate Authorities") and AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, as Trustee under a Trust Agreement dated August 21 , 1991 and known as Trust No. 1 14437-02 and not individually (hereinafter referred to as "Owner") and WINCHESTER BUFFALO GROVE LIMITED PARTNERSHIP, an Illinois limited partnership (hereinafter referred to as "Developer") . W I T N E S S E T H: WHEREAS, the Village of Buffalo Grove is a Home Rule Unit by virtue of the provisions of the Constitution of the State of Illinois of 1970; and, WHEREAS, Owner is the owner of a certain tract of property (hereinafter referred to as the "Property") comprising approximately 11 . 17 acres legally described and identified in the Legal Description, which 'is attached hereto as EXHIBIT A, which exhibit is made a part hereof and which real estate is contiguous to the corporate limits of the Village; and, WHEREAS, a Plat of Annexation, including certain street right-of-way adjacent to the Property, is attached hereto as EXHIBIT B, which depicts a total area of 11 .51 acres to be annexed; and, WHEREAS, Developer desires and proposes pursuant to the provisions and regulations of the Village's Zoning Ordinance applicable to R-8 Multiple-Family Dwelling District with a Residential Planned Unit 1 Development, to develop the Property in accordance with and pursuant to a certain Preliminary Plan prepared by the McClier Company and dated as last revised January 14, 1992 and a Preliminary Engineering Plan, prepared by Pearson, Brown and Associates, Inc. and dated as last revised December 31 , 1991 , (hereinafter jointly referred to as the "Preliminary Plan") a copy of which Preliminary Plan is attached hereto as EXHIBIT D and a copy of which Preliminary Engineering Plan is attached hereto as EXHIBIT E and incorporated herein, and subject to all other exhibits attached hereto or incorporated by reference herein. Said development of the Property shall consist of not more than 63 townhome dwelling units. WHEREAS, pursuant to the provisions of Section 11 -15. 1 et. seq. , of the Illinois Municipal Code (Chapter 24, Illinois Revised Statutes 1989) and as the same may have been modified by the Village's Home Rule powers, a proposed Annexation Agreement was submitted to the Corporate Authorities and a public hearing was held thereon pursuant to notice as provided by Statute; and, WHEREAS, pursuant to due notice and advertisement, the Plan Commission of the Village has held a public hearing and made their recommendations with respect to the requested zoning classification of toe R-8 District with a Residential Planned Unit Development; and, WHEREAS, the President and Board of Trustees after due and careful consideration have concluded that the annexation of the Property to the Village and its zoning and development on the terms and conditions herein set forth would further enable the Village to control the development of the area and would serve the best interests of the Village. NOW, THEREFORE, in consideration of the premises, mutual covenants and agreements herein set forth, the parties hereto agree as follows: 2 1 . Applicable Law. This Agreement is made pursuant to and in accordance with the provisions of Section 11-15. 1-1 et. seq. , of the Illinois Municipal Code (Chapter 24, Illinois Revised Statutes 1989) and as the same may have been modified by the Village's Home Rule powers. The preceding whereas clauses are hereby made a part of this Agreement. 2. Agreement: Compliance and Validity. The Owner has filed with the Village Clerk of the Village a proper petition pursuant to and in accordance with provisions of Section 7-1-8 of the Illinois Municipal Code (Chapter 24, Illinois Revised Statutes 1989) and as the same may have been modified by the Village's Home Rule powers, conditioned on the execution of this Agreement and the compliance with the terms and provisions contained herein, to annex the Property to the Village. It is understood and agreed that this Agreement in its entirety, together with the aforesaid petition for annexation, shall be null, void and of no force and effect unless Property is validly annexed to the Village and is validly zoned and classified in the R-8 District with a Residential Planned Unit Development, all as contemplated in this Agreement. 3. Enactment of Annexation Ordinance. The Corporate Authorities within twenty-one (21 ) days of the execution of this Agreement by the Village will enact a valid and binding ordinance (hereinafter referred to as the "Annexation Ordinance") annexing the Property to the Village. Said Annexation Ordinance shall be recorded with the Lake County Recorder's Office along with the Plat of Annexation (attached hereto as EXHIBIT B) . Recordation shall take place no more than thirty (30) days after enactment of Annexation Ordinance. 4. Enactment of Zoning Ordinance. Within twenty-one (21 ) days after the passage of the Annexation Ordinance, the Corporate Authorities shall 3 adopt a proper, valid and binding ordinance, zoning the Property in the R-8 District with a Residential Planned Unit Development subject to the restrictions further contained herein and all applicable ordinances of the Village of Buffalo Grove as amended from time to time. Said zoning shall be further conditioned on the development of the Property in accordance with the Preliminary Plan (EXHIBITS D and E) and all other exhibits attached hereto or incorporated by reference herein. The ordinance zoning the Property in the R-8 District with a Residential Planned Unit Development shall continue in effect notwithstanding the expiration of this Agreement pursuant to the terms herein. 5. Approval of Plans. The Corporate Authorities hereby approve a Preliminary Plan (EXHIBITS D and E) pursuant to the provisions of the Development Ordinance. The Corporate Authorities agree to approve a Development Plan (including plats of subdivision) based on final versions of the plans and drawings of the development of the Property as submitted by the Owner or Developer provided that the Development Plan shall: (a) conform to the approved Preliminary Plan, and (b) conform to the terms of this Agreement and all applicable Village Ordinances as amended from time to time; and (c) conform to the approved Development Improvement Agreement as amended from time to time. Phasing of the development of the Property, if any, shall be in accordance with applicable Village ordinances and shall conform to the phases of the development as shown on the Preliminary Plan. 6. Compliance with Applicable Ordinances. The Owner and Developer agree to comply with all ordinances of the Village of Buffalo Grove as amended from time to time in the development of the Property, provided that all new ordinances, amendments, rules and regulations relating to building and subdivision of land adopted after the date of this Agreement shall not be 4 arbitrarily or discriminatorily applied to the Property but shall be equally applicable to all property similarly zoned and situated to the extent possible. Owner and Developer, in the development of the Property, shall comply with the standards set forth in the Village of Buffalo Grove Development Ordinance as amended from time to time. 7. Amendment of Plan. If the Owner desires to make changes to the Preliminary Plan, as herein approved, the parties agree that such changes in the Preliminary Plan will require, if the Village so determines, the submission of amended plats or plans, together with proper supporting documentation, to the Plan Commission and/or the Corporate Authorities to consider such changes to the Preliminary Plan. The Corporate Authorities may, at their sole discretion, require additional public hearings and may review the commitments of record contained in this Agreement, including, but not limited to fees, prior to final consideration of any change in the Preliminary Plan. The Village Manager is hereby authorized to approve such minor changes as he deems appropriate, provided that no such change (a) involves a reduction of the area set aside for common open space; nor (b) increases by more than two percent (2%) the total ground area covered by buildings. 8. Buildinci Permit Fees. The building permit fees may be increased from time to time so long as said permit fees are applied consistently to all other developments in the Village to the extent possible. In the event a conflict arises between the Owner or Developer and the Village on any engineering and technical matter subject to this Agreement, the Village reserves the right to pass along any and all additional expenses incurred by the use of consultants in the review and inspection of the development from time to time. Owner or developer shall pay any non-discriminatory new or 5 additional fees hereinafter charged by the Village to Owner or Developer or property within the Village. 9. Water Provision. The Owner or Developer shall be permitted and agree to tap on to the Village water system at points recommended by the Village Engineer which points to the extent shown on EXHIBIT E are hereby approved by the Village. It is understood, however, that changes to the Preliminary Engineering Plan may be required at the time of Final Engineering. The Owner and Developer further agree to pay to the Village such fees in accordance with the applicable Village Ordinances at the time of the issuance of the water and sewer permits. The Owner and Developer agree to accept any increase in water rates and tap on fees provided such rates and fees apply consistently to all other similar users in the Village to the extent possible. Following such tap on, the Village agrees to provide to the best of its ability and in a non-discriminatory manner water service to all users on the Property in accordance with the Preliminary Plan. Watermains serving the Property and those approved as part of the development shall be installed by the Developer and, except for service connections to the buildings, shall, upon installation and acceptance by the Village through formal acceptance action by the Corporate Authorities tie dedicated to the Village and become a part of the Village water system maintained by the Village. 10. Storm and Sanitary Sewer Provisions. A. The Corporate Authorities agree to cooperate with the Owner and Developer and to use their best efforts to aid Owner or Developer in obtaining such permits from governmental agencies having jurisdiction as may be necessary to authorize connection from the proposed development to the Lake County Public Works Department for the collection of sewage and to the 6 Illinois Department of Transportation as may be appropriate. The Developer shall construct on-site and off-site sanitary sewers as may be necessary to service the Property, as per EXHIBIT E. It is understood, however, that changes to the Preliminary Engineering Plan may be required at the time of Final Engineering. Upon installation and acceptance by the Village through formal acceptance action by the Corporate Authorities, the Corporate Authorities agree to operate and maintain such systems, except for sanitary sewer service connections. The Owner and Developer agree to accept any increase in sewer rates and tap on fees, provided that such fees and rates are applied consistently to all similar users in the Village to the extent possible. B. The Developer shall also construct on the Property in question any storm sewers which may be necessary to service the Property, as per EXHIBIT E. It is understood, however, that changes to the Preliminary Engineering Plan may be required at the time of Final Engineering. Upon installation and acceptance by the Village through formal acceptance action by the Corporate Authorities, the Corporate Authorities agree to operate and maintain that portion of the storm sewer system which serves public streets, or multiple properties, and the Owner and Developer agree to operate and maintain that portion of the storm sewer system located on the subject Property and not dedicated, and shall record a covenant to that effect within thirty (30) days of the recording of the Plat of Subdivision. 11 . Drainage Provisions. The Owner and Developer shall fully comply with any request of the Village Engineer related to the placement of buildings on lots, to preserve drainage standards. The Developer shall install any storm sewers and/or inlets which are required to eliminate standing water or conditions of excess sogginess which may in the opinion of 7 the Village Engineer, be detrimental to the growth and maintenance of lawn grasses. 12. Payment of Recapture Fees Owed. Any amount of recapture required to be paid by this Property, including for roads as set forth in Ordinance 85-87 and for watermains as set forth in Ordinance 87-30, shall be due and payable prior to the recording of the first plat of subdivision of any portion of the Property. 13. Security for Public and Private Site Improvements. Security for public and private site improvements shall be provided in accordance with the Development Ordinance, and the Development Improvement Agreement (EXHIBIT C) as amended from time to time. Any letter of credit issued for such improvements shall be drawn on a financial institution of net worth reasonably satisfactory to the Village attorney. The issuer may have an equitable or lending interest in the Property provided that the letter of credit, either by its own terms or by separate written assurances of the issuer, shall be honored irrespective of that interest. The Village shall have the right to draw up to the full amount of the letter of credit in order to complete, and have formal acceptance of, all improvements secured by the letter of credit. 14. Right-of-Way Dedication. At the request of the Village, but no later than upon approval of the first plat of subdivision, the Owner or Developer shall dedicate 11 feet of additional right-of-way along the east side of Illinois Route 83 adjacent to the Property as shown on EXHIBIT E. 15 . Exhibits. The following EXHIBITS, some of which were presented in testimony given by the Developer or the witnesses during the hearings held before the Plan Commission and the Corporate Authorities prior to the execution of this Agreement, are hereby incorporated by reference herein, 8 made a part hereof and designated as shown below. This Agreement, upon execution by the parties, together with copies of all EXHIBITS, shall be kept on file with the Village Clerk and be available for inspection to the parties hereto. EXHIBIT A Legal Description EXHIBIT B Plat of Annexation dated January 14, 1992 by Gremley and Biederman, Inc. EXHIBIT C Development Improvement Agreement EXHIBIT D Preliminary Plan dated January 14, 1992 by the McClier Company EXHIBIT E Preliminary Engineering Plan dated December 31 , 1991 by Pearson, Brown and Associates, Inc. EXHIBIT F Conceptual Landscaping Plan dated December 31 , 1991 by the McClier Company EXHIBIT G Building Elevations and floor plans (4 sheets) dated November 6, 1991 by the McClier Company 16. Annexation Fee. Developer agrees to pay an annexation fee in the amount of $400.00 per dwelling unit which shall be payable prorata at issuance of building permits. This fee, however, shall be paid in full prior to the expiration of this Agreement. 17. Building, Landscapin and Aesthetics Plans. Developer will submit building and landscaping plans (which landscaping plans shall conform to the requirements of Village ordinances) for approval by the Appearance Commission and the Corporate Authorities before commencing construction of buildings. Lighting and signage shall be compatible with surrounding areas as approved by the Appearance Commission. Phases not under construction or completed shall be maintained in a neat and orderly fashion as determined by the Village Manager. It is understood and agreed that fencing along Route 83 shall be aesthetically attractive, and shall not be constructed as a solid wood fence. Developer shall design a meandering fence system including landscaping, and if possible, berming along Route 83. Said fencing, landscaping and berming is subject to approval by the Village. 9 18. Declaration of Covenants, Conditions and Restrictions. The Property shall be subject to a declaration of covenants, conditions and restrictions ("Declaration") which shall include but not by way of limitation a provision whereby the Village shall have the right, but not the obligation, to enforce covenants or obligations of the Owner, Developer or association and/or owners of the units of the Property as defined and provided within the Declaration, and further shall have the right, upon thirty (30) days prior written notice specifying the nature of a default, to enter upon the Property and cure such default, or cause the same to be cured at the cost and expense of the Owner, Developer or association of the Property. The Village shall also have the right to charge or place a lien upon the .Property for repayment of such costs and expenses, including reasonable attorneys' fees in enforcing such obligations. The Declaration shall include, but not by way of limitation, covenants and obligations to own and maintain the stormwater ponds and drainage system depicted on EXHIBITS D and E. The Declaration shall also include the obligation that the association shall provide snow removal for private driveways and public sidewalks and shall store excess snow in appropriate off-street locations, and shall not in any way impede the Village's snow removal operations on public streets. Any request for a deck in excess of twenty percent of the rear yard area must receive approval by the Association before any application to the Village. The Declaration shall also provide that the Property shall be used and developed in accordance with Village ordinances, codes and regulations applicable thereto, including ordinance(s) enacted pursuant to this Agreement. The Declaration shall further provide that the provisions 10 relative to the foregoing requirements may not be amended without the prior approval of the Village. 19. Project Models. The Village agrees to permit the Developer to construct and maintain one (1 ) model area on the Property, consisting of a maximum of one (1 ) building with suitable off-street parking areas, all subject to Appearance Commission approval. Such construction shall be in compliance with the provisions of the Village's Building Code in effect at the time of building permit issuance. Further the Developer may utilize models only as a project office for the marketing of portions of the Property. Such use shall be discontinued when the project contemplated herein has been fully and finally completed. Developer may erect a temporary sales trailer on the vacant parcel adjoining the Property to the south across Bank Lane subject to applicable Village codes and regulations. 20. Park District Donations. Owner and Developer agree to comply with the provisions of Title 19 of the Buffalo Grove Municipal Code as amended from time to time regarding park donations. Developer agrees to make cash contributions to the Village for conveyance to the Park District to fulfill the obligation of the Property concerning park donations. It is understood and agreed that the per acre land value used to compute said cash contributions may be increased from time to time, and cash contributions made at the time of building permit issuance shall be based on the land value in effect at the time of permit issuance. 21 . School District Donations. Owner and Developer agree to comply with the provisions of Title 19 of the Buffalo Grove Municipal Code as amended from time to time regarding school donations. Developer agrees to make cash contributions to the Village for conveyance to School Districts No. 102 and No. 125 according to the criteria of said Title. It is understood and 11 agreed that the per acre land value used to compute said cash contributions may be increased from time to time, and cash contributions made at the time of building permit issuance shall be based on the land value in effect at the time of permit issuance. 22. Facilitation of Development. Time is of the essence of this Agreement, and all parties will make every reasonable effort to expedite the subject matters hereof. It is understood and agreed that the successful consummation of this Agreement and the development of the Property is in the best interests of all the parties and requires their continued cooperation. The Owner and Developer do hereby evidence their intention to fully comply with all Village requirements, their willingness to discuss any matters of mutual interest that may arise, and their willingness to assist the Village to the fullest extent possible. The Village does hereby evidence its intent to always cooperate in the resolution of mutual problems and its willingness to facilitate the development of the Property, as contemplated by the provisions of this Agreement, 23. Enforceability of the A reement. This Agreement shall be enforceable in any court of competent jurisdiction by any of the parties or by an appropriate action at law or in equity to secure the performance of the covenants herein described. If any provision of this Agreement is held invalid, such provisions shall be deemed to be excised herefrom and the invalidity thereof shall not affect any of the provisions contained herein. 24. Term of Agreement. This Agreement will be binding on all parties and the Property for a term of twenty (20) years from the date of this Agreement. This Agreement shall not be assigned without prior written consent of the Village. 12 25. Binding Effect of A reement. This Agreement shall be binding upon the Property, the parties hereto, and their respective successors and assigns. 26. Corporate Capacities. The parties acknowledge and agree that the individuals that are members of the group constituting the Corporate Authorities are entering into this Agreement in their official capacities as members of such group and shall have no personal liability in their individual capacities. 27. Notices. Any notice required pursuant to the provisions of this Agreement shall be in writing and be sent by certified mail to the following addresses until notice of change of address is given and shall be deemed received on the fifth business day following deposit in the U.S. Mail. I f to Owner Mr. David Hoffman or Developer: Red Seal Development Corporation 425 Huehl Road, Building Eighteen Northbrook, IL 60062 Copy to: Mr. Harold W. Francke, Esq. or Mr. David L. Reifman, Esq. Rudnick and Wolfe 203 North LaSalle Street, Suite 1800 Chicago, IL 60601-1293 If to Village: Village Clerk Village of Buffalo Grove 50 Raupp Boulevard Buffalo Grove, IL 60089 Copy to: William G. Raysa, Esq. Raysa & Skelton 1140 Lake Street, Suite 400 Oak Park, IL 60301 28. Default. A. In the event Owner or Developer defaults in his performance of his obligations set forth in this Agreement, then the Village, may, upon notice to Developer allow Developer sixty (60) days to cure default or provide evidence to the Village that such default will be curet! in 13 a timely manner if it cannot be cured during said period. If Developer fails to cure such default or provide such evidence as provided above, then, with notice to Developer, the Village may begin proceedings to disconnect from the Village any portion of the Property upon which development has not been completed or at the option of the Village, to rezone such Property to the R-E District zoning classification. In such event, this Agreement shall be considered to be the petition of the Developer to disconnect such portion of the Property, or at the option of the Village to rezone such Property to the R-E District zoning classification. B. In addition to sub-paragraph A hereof, it is recognized by the parties hereto that there are obligations and commitments set forth herein which are to be performed and provided for by the Developer and not by the Owner. The Village agrees that the Owner as such is exculpated from any personal liability or obligation to perform the commitments and obligations set forth herein and that the Village will look solely to the Developer for such performance, except that to the extent that the Owner or successor thereto shall become a developer or shall designate or contract with a developer other than Winchester Buffalo Grove Limited Partnership, then in that case, the Owner or the new designee shall be subject to the liabilities, commitments and obligations of this Agreement. In the event the Owner or Developer defaults in his obligations created under this Agreement, the Village may enforce such obligations against the Property Owner. 29. Litigation A. The Developer and Owner, at their cost, shall be responsible for any litigation which may arise relating to the annexation, zoning and development of the Property. Owner and Developer shall cooperate with the 14 Village in said litigation but Developer's counsel will have principal responsibility for such litigation. B. The Owner and Developer shall reimburse the Village for reasonable attorney's fees, expenses and costs incurred by the Village resulting from litigation relating to the annexation, zoning and development of the Property or in the enforcement of any of the terms of this Annexation Agreement upon a default by the Owner and Developer. C. Owner and Developer hereby indemnify and hold the Village harmless from any actions or causes of action which may arise as a result of development activities for which the Owner or Developer is responsible. This indemnity shall terminate upon the issuance by the Village of the final certificate of occupancy at the completion of the development. 30. Special Conditions. A. The following variations to the Village's Development Ordinance are hereby granted as depicted on EXHIBIT E: Section 16.30.030.F. - to allow sidewalks to be constructed on only one side of all streets and cul-de-sacs; Section 16.50.040.C.4 - to allow the retention pond design depicted on EXHIBIT E instead of the Village's standard design, and to allow a minimum pond bottom elevation of ten ( 10) feet below normal water level. B. The following variations to the Village's Zoning Ordinance are hereby granted as depicted on EXHIBIT D: Section 17.40.040.C. - to allow a front yard setback of twenty (20) feet instead of twenty-five (25) feet, and a corner side yard of twenty (20) feet instead of twenty five (25) feet as depicted on EXHIBIT D. 15 C. Developer shall construct an eight-foot wide bikepath from the northeastern portion of the Property to the public bikepath east of Woodbury Road when the Village has obtained easements for said bikepath and directs Developer to construct the bikepath . If the Village does not obtain easements for the Developer to construct the bikepath in the first construction year of development of the Property, Developer shall have the right to make a cash contribution not to exceed $12,000.00 in lieu of construction of said off-site bikepath. D. Developer shall provide pavement striping on Illinois Route 83 to designate a left-turn lane for southbound traffic on Route 83 turning eastbound onto Bank Lane. Said striping shall be completed in the initial phase of the development and is subject to approval by the Village Engineer. E. Construction vehicles and equipment shall not enter or leave the Property via Woodstone Drive through the Woodstone Townhomes during development of the Property. The Developer shall erect signs prohibiting construction traffic in locations approved by the Village, and Developer shall inform all contractors working on development of the Property of the prohibition of construction traffic through the Woodstone Townhomes. F. All buildings, structures, vehicles, junk, and debris occupying the Property prior to the date of this Agreement shall be removed from the Property prior to initial grading for the development. The soil in the areas of the Property previously used for the confinement and burial of livestock, including pigs and sheep, shall be removed to a depth of twenty-four (24) inches only in the event that such soils are contaminated so as to constitute a danger to human health or the environment or be a nuisance to the public. Said soil shall be removed using procedures to minimize odors and shall be transported from the Property and disposed of in accordance with State of Illinois regulations. The specific areas of soil removal and the method of soil removal and disposal is subject to review and 16 reasonable approval by the Village Health Officer, which review shall be expedited at the request of the Developer, and no removal or disposal shall occur prior to such review and approval. G. All water wells and septic sewer facilities on the Property shall be properly sealed or filled as required by the Illinois Department of Public Health and as approved by the Village Health Officer. H . Addresses for dwelling units on the Property shall be illuminated to be visible and readable during periods of darkness. IN WITNESS WHEREOF, the Corporate Authorities, Owner and Developer have caused this instrument to be executed by their respective proper officials duly authorized to execute the same on the date and the year first above written. VILLA F BU VE B 11 ATTEST: Villas Clerk This instrument is executed by the unde^'gned land Trustee,r t C3 G^ 4y b"e^I;Iv as OWNER Trustasini!ve,arc:3softha power ard au!::ritrconftmei,; .:.-�;:;,.�;!,;��sscn American National Bank and Trust Trjs: - ',i s exfeF;S''/ !:�3'_tiCtocY;ui:C': ag4.)Od rh.31 ail Company of icago r,IStrE"fS �Zi: .. i. i=i..-,: . .r..:;c�iki:'i)T=r::5'"�c iQ•'.�','Y.".�:W.lie,X'si at liatv;-y �i i'J3r_•_.^.:I +yr;:�"; ,'::I 1 w 3a3l:f*tA t'y Or if::l; EI :Vy 'Me to d5�:i�at'i or By enforesaNe apnst the Truxee on eccount rn any.*^amN,;r&m.my,rep esenletion, covenant,undertafdng or agreement of the Trustee in this ATTEST: Sery DEVELOPER Winchester Buffalo Grove Limited Partnership � 1 BY RSD Sluff l r Cor an Illinois o p X n, its anaging General P r A T T By Its • cyt fair j 17 WINCHESTER ESTATES, ROUTE 83/BANK LANE ANNEXATION AGREEMENT EXHIBIT A - The PROPERTY SUBJECT PROPERTY LEGAL DESCRIPTION : Lots 3, 4 and 7 (except that part of Lot 7 failing in Seigle's Resubdivision recorded July 26, 1989 as document 2814414 and except the West 21 .00 feet of the North 6.00 feet of the South 36 feet of Lot 7) in Buffalo Grove Manor, being a subdivision of a part of the South Half of Section 33, Township 43 North, Range 11 , East of the Third Principal Meridian, according to the plat thereof recorded June 21 , 1950 as document 701006 in Book 32 of plats, page 28, in Lake County, Illinois. SUBJECT PROPERTY COMMON DESCRIPTION : The approximately 11 .2-acre tract at the northeast corner of Illinois Route 83 and Bank Lane. EXHIBIT A-1 The area to be annexed includes the Property described in Exhibit A and also the road right-of-way described as follows: The East Half of Route 83 lying north of the South line of Bank Lane as per Document No. 2814414 and lying South of the property heretofore annexed by Ordinance No. 86-57 in Lake County, Illinois. Said area to be annexed is delineated in Exhibit B (Plat of Annexation dated January 14, 1992) to this Annexation Agreement. VILLAGE OF BUFFALO GROVE ORDINANCE NO. -/ ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE THIS _DAY OF 19/� : Published in pamphlet form by authority of the President and Board of Trustees of the Village of Buffalo Grove, Cook & akq Counties, Illinois, this y day of 19�. Village Cle / p By Deputy Village Clerk