2004-047 562411
4/28/2004 FILED FOR RECORD Y:
MARY E3_LEN VANI)ERVENTER
LAKE COUNTY : IL REC ORDER
081113/2004' - 43:3E:12 AX.
RECEIPT t: 177`13
DRAWER T: 21
ORDINANCE NO. 2004 - 47
AN ORDINANCE APPROVING AN ANNEXATION AGREEMENT FOR
ASAP Software, Inc.
Laidlaw property west of 850 Asbury Drive
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 concerning said Annexation
Agreement and zoning have been given and the 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 by and between the Village of Buffalo Grove and
Laidlaw Transit, Inc., which Annexation Agreement will be joined by ASAP Software, Inc., is
hereby approved.A true and correct copy of the Annexation Agreement is attached hereto and made
a part hereof as Exhibit A,
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.
SG241 2
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AYES: 6—Braiman, Glover, Johnson, Kahn, Trilling,Hartstein
NAYES: 0—None
ABSENT: 1 —Berman
PASSED: May 3, 2004 APPROVED: May 3, 2004
ATTEST: APPROVED:
. 111"Id"I'll 62���
V ll e Clerk ELLIOTT HARTSTEIN, Village President
This document was prepared by: Robert E. Pfeil, Village Planner,
Village of Buffalo Grove
50 Raupp Boulevard
Buffalo Grove, IL 60089
Mail to:
Village Clerk
Village of Buffalo Grove
50 Raupp Boulevard
Buffalo Grove, IL 60089
56241.12
Exhibit A
Legal Description
ASAP Software Express, Inc.
Laidlaw Property west of 850 Asbury Drive
THAT PART OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 43 NORTH,
RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS:
BEGINNING AT THE SOUTHEAST CORNER OF THE WEST HALF OF THE WEST HALF OF
SAID NORTHWEST QUARTER; THENCE NORTH 0 DEGREES 04 MINUTES 27 SECONDS
WEST,ALONG THE EAST LINE OF THE WEST HALF OF THE WEST HALF OF THE SAID
NORTHWEST QUARTER, A DISTANCE OF 332.45 FEET, TO THE CENTERLINE OF
APTAKISIC CREEK; THENCE NORTHEASTERLY, ALONG SAID CENTERLINE OF
APTAKISIC CREEK, TO THE MOST EASTERLY LINE OF LANDS CONVEYED BY DEED
RECORDED AS DOCUMENT NUMBER 1557315; THENCE SOUTH 03 DEGREES 19
MINUTES 49 SECONDS WEST, ALONG SAID MOST EASTERLY LINE OF LAND
CONVEYED BY DEED RECORDED AS DOCUMENT NUMBER 1557315,SAID LINE ALSO
BEING THE WEST LINE OF ASBURY DRIVE SECOND RESUBDIVISION, RECORDED
DECEMBER 22, 1992 AS DOCUMENT NUMBER 3261665 AND ITS NORTHERLY
EXTENSION, 660.48 FEET, TO A POINT ON THE SOUTH LINE OF THE WEST HALF OF
SAID NORTHWEST QUARTER, 571.75 FEET EAST OF THE POINT OF BEGINNING;
THENCE NORTH 89 DEGREES 34 MINUTES 50 SECONDS WEST, ALONG SAID SOUTH
LINE OF THE WEST HALF OF SAID NORTHWEST QUARTER,571.75 FEET,TO THE POINT
OF BEGINNING, IN LAKE COUNTY, ILLINOIS.
PIN 15-27-100-029(Part)
5624112
5/3/2004 Final
ANNEXATION AGREEMENT
ASAP Software Express, Inc.
Parcel(6.676 acres)west of
850 Asbury Drive
This agreement(hereinafter referred to as the "Agreement") made and entered into this 3`d
day of May,2004,by and between the VILLAGE OF BUFFALO GROVE(hereinafter referred to as
"Village")by and through the President and Board of Trustees ofthe Village(hereinafter collectively
referred to as the "Corporate Authorities") and Laidlaw Transit, Inc., a Delaware corporation
(hereinafter referred to as "Owner") and ASAP Software Express, Inc., an Illinois corporation
(hereinafter referred to as "ASAP Software").
W I T N E a S-ET 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 6.676 acres legally described and identified in the Legal Description,
attached hereto as Exhibit A and made a part hereof, and which real estate is contiguous to the
corporate limits of the Village; and,
WHEREAS, ASAP Software, currently occupies the property at 850 Asbury Drive, in
Buffalo Grove, and ASAP Software proposes to purchase and develop the Property, which is
contiguous to 850 Asbury Drive; and,
WHEREAS,a Plat of Annexation is attached hereto as Exhibit B,which depicts a total area
of 6.676 acres to be annexed; and,
5�2t�g..12
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WHEREAS,ASAP Software desires and proposes pursuant to the provisions and regulations
applicable to the Industrial District of the Village Zoning Ordinance to develop the Property in
accordance with and pursuant to a certain Site Plan prepared by Greengard, Inc. and dated as last
revised April 28,2004,and attached hereto as Exhibit D. Said development of the Property includes
building additions(Phase 1 and Phase 2),parking areas and one additional driveway connection to
Asbury Drive.
WHEREAS, pursuant to the provisions of Section 5/11-15.1-1 et seq., of the Illinois
Municipal Code (65 ILCS 5/11-15.1-1 et seq.) 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 Corporate Authorities have held
a public hearing with respect to the requested zoning classification in the Industrial District; and
WHEREAS, the Corporate Authorities 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:
1. Applicable Law. This Agreement is made pursuant to and in accordance with
the provisions of Section 5/11-15.1-1 et seq.,of the Illinois Municipal Code(65 ILCS 5/11-15.1-1 et
seq.)and as the same may have been modified by the Village's Home Rule powers. The preceding
i
5E�241-12 �'
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whereas clauses are hereby made a part of this Agreement.
2. Agreement: Comnpliance and Validity.
a) The Owner has filed with the Village Clerk of the Village a proper petition to
annex the Property to the Village pursuant to and in accordance with the provisions of Section 5/7-1-
8 of the Illinois Municipal Code(65 ILCS 5/7-1-8) 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.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 the Property is validly annexed to the Village and is validly zoned and classified in the
Industrial District, all as contemplated in this Agreement.
b) ASAP Software intends to acquire title to the Property after the date of this
Agreement,at which time ASAP Software shall give notice to the Village that it has acquired such
title(with title reports and other evidence as may be reasonably requested by the Village)and that it
desires the Village to proceed with the annexation of the Property pursuant to the ordinances herein
contemplated.
c) Upon receipt of the notice referred in Section 2.b)above,the Village, at the
next regularly scheduled meeting of the Board of Trustees, shall adopt all necessary ordinances
required to effectuate the terms of this Agreement. This Agreement in its entirety,together with the
aforesaid annexation petition, shall be null and void and of no force and effect, unless ASAP
Software,within 180 days after the Village Board's approval of this Agreement,has acquired title to
the Property and requested that the Village proceed with the annexation and classification of the
SG24112
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Property in the Industrial zoning district.The zoning of the Property in the Industrial District shall be
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 Site Plan(Exhibit D)and other exhibits attached
hereto or incorporated by reference herein.The Annexation Ordinance shall be recorded at the Lake
County Recorder's Office along with the Plat of Annexation(attached hereto as EXHIBIT B).
3. Approval of Plans. It is understood and agreed that the Village will not require
review of a Preliminary Plan by the Buffalo Grove Plan Commission pursuant to the Village
Development Ordinance if the Property is developed in accordance with the Site Plan attached hereto
as Exhibit D. A Preliminary Engineering Plan pursuant to the requirements of the Development
Ordinance shall be required for any development of the Property, and is subject to review and
approval by the Village.
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 ASAP Software provided that the Development Plan shall:
a) conform to the approved Site 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 shall be in accordance with the phases of the
development as shown on the approved Site Plan.
56241.12
5
4. Compliance with Applicable Ordinances. The Owner and ASAP Software
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 zoning, building and subdivision of land adopted after the date of this
Agreement shall not be 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 ASAP
Software,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. Notwithstanding the
foregoing,the Village shall not apply new ordinances or regulations to the Property to the extent that
the ordinances or regulations would prevent development of the Preliminary Plan approved herein.
5. Amendment of Plan. If the Owner and ASAP Software desire to make changes
to the Site Plan as herein approved as Exhibit D,the parties agree that such changes to the Site Plan
may require, if the Village so determines,the submission of amended plats or plans,together with
proper supporting documentation, to the Village to consider such changes to the Site Plan. In the
event that substantial changes are proposed to the Site Plan,the Village, in its sole discretion,may
require submittal of a Preliminary Plan pursuant to the Development Ordinance, including review
and hearing by the Village Plan Commission. The Village may, in its sole discretion, review the
commitments of record contained in this Agreement,including,but not limited to fees,prior to final
consideration of any material change to the Preliminary Plan.
The Village Manager is hereby authorized to approve such minor changes as he
deems appropriate to the Site Plan attached hereto as Exhibit D, provided that no such changes:
5624112
6
a) increases by more than two percent(2%)the floor area proposed for
nonresidential use;
b) increases by more than two percent (2%) the total ground area
covered by buildings.
6. Buildin 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 ASAP Software and the Village
on any engineering and technical matters 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 ASAP Software shall pay any non-
discriminatory new or additional fees hereinafter charged by the Village to owners and ASAP
Software of properties within the Village.
7. Water Provision. The Owner and ASAP Software shall be permitted and agree to tap
on to the Village water system at points recommended by the Village Engineer. It is understood,
however, that changes to the Preliminary Engineering Plan may be required at the time of Final
Engineering. The Owner and ASAP Software further agrees 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 ASAP Software agrees 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
Engineering Plan. Watermains serving the Property and those approved as part of the development
shall be installed by the Owner and ASAP Software and, except for service connections to the
l�
5624112
buildings shall,upon installation and acceptance by the Village through formal acceptance action by
the Corporate Authorities,be dedicated to the Village and become a part of the Village water system
maintained by the Village.
8. Storm and Sanitaiy Sewer Provisions.
a) The Corporate Authorities agree to cooperate with the Owner and ASAP
Software and to use their best efforts to aid Owner and ASAP Software 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
as may be appropriate. The Owner or ASAP Software shall construct on-site and off-site sanitary
sewers as may be necessary to service the Property, as approved by the Village Engineer. 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 ASAP Software agrees 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 Owner or ASAP Software shall also construct any storm sewers which
may be necessary to service the Property, as approved by the Village Engineer. 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
�l
SG24112
8
storm sewer system which serves multiple properties. The Owner and ASAP Software agrees to
operate and maintain that portion of the storm sewer system located on the subject Property and not
dedicated.
9. Drama a Provisions. The Owner and ASAP Software shall fully comply with any
request of the Village Engineer related to the placement of buildings on lots,to preserve drainage
standards. It is understood and agreed that the placement of buildings shall be constructed in the
locations as depicted on the Site Plan(Exhibit D hereto).The Owner or ASAP Software 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 the Village Engineer, be detrimental to the growth and
maintenance of lawn grasses.
10. Pa ment of Recapture Fees Owed. Any amount of recapture required to be paid by
this Property shall be due and payable to the Village upon final platting of the first plat of
subdivision of any portion of the Property.
11. Security for Public and Private Site Im govements. Security for public and private
site improvements shall be provided in accordance with the Development Ordinance, and the
Development Improvement Agreement(EXHIBIT Q 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
SG24112
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improvements secured by the letter of credit.
12. Exhibits. The following Exhibits, some of which were presented in testimony
given by the Owner and ASAP Software or the witnesses during the hearing held before the
Corporate Authorities prior to the execution of this Agreement,are hereby incorporated by reference
herein, made a part hereof and designated as shown below.
EXHIBIT A Legal Description
EXHIBIT B Plat of Annexation dated March 18, 2004
EXHIBIT C Development Improvement Agreement
EXHIBIT D Site Plan (labeled as"Expansion Plan") dated April 28, 2004
EXHIBIT E Conceptual Plat of Subdivision dated April 28, 2004
13. Building Landscapiniz and Aesthetics Plans. Owner or ASAP Software shall submit
exterior building appearance plans, landscaping plan and outside lighting plan(which plans shall
conform to the requirements of the Village Appearance Plan) for review by the Village prior to
application for a building permit. Lighting and signage shall be compatible with surrounding areas
as approved by the Village. Phases not under construction or completed shall be maintained in a
neat and orderly fashion as determined by the Village Manager.
14. Annexation to the Buffalo Grove Park District. The Owner and ASAP Software
agree, at the request of the Buffalo Grove Park District, to annex any part or all of the Property to
said Park District. It is understood and agreed that it is the Village's intent that said annexation be
completed prior to Village approval of a plat of subdivision for any portion of the Property,and the
S G 2 4112 �
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Owner and ASAP Software will cooperate to the fullest extent in filing necessary annexation
documents with the Park District.
15. Facilitation of Development.ment. Time is of the essence of this Agreement, and all
parties will make every reasonable effort to expedite the subject matters hereof. It is further
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 ASAP Software 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 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.
16. Enforceability of the Agreement. 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 provision shall be deemed to be excised herefrom and the invalidity thereof shall not
affect any of the other provisions contained herein.
17. Term of Agreement. This Agreement is binding upon the Property,the parties hereto
and their respective grantees,successors and assigns 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.
This Agreement may be amended by the Village and the owner of record of a portion of the
Property as to the provisions applying thereto,without the consent of the owners of other portions of
56214112
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the Property.
18. Disconnection. Owner agrees that it shall not disconnect, nor seek to
disconnect the Property,or any part thereof,from the Village.This agreement to not disconnect the
Property from the Village is binding upon the successors,transferees and assigns of the Owner and
any persons from time to time having an interest in the Property.
19. 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.
20. Notices. Any notice required pursuant to the provisions ofthis 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.
If to ASAP Software:
Fred Tonne
ASAP Software
850 Asbury Drive
Buffalo Grove, IL 60089
Copy to: Bruce K. Huvard, Esq.
Cohen, Salk& Huvard,P.C.
630 Dundee Road, Suite 120
Northbrook, IL 60062
If to Village: Village Clerk
Village of Buffalo Grove
50 Raupp Boulevard
Buffalo Grove, IL 60089
5G241.12
12
Copy to: William G. Raysa, Esq.
Raysa&Zimmermann, Ltd.
22 S. Washington Ave
Park Ridge, IL 60068
21. Default.
a) In the event Owner or ASAP Software default in performance of their
obligations set forth in this Agreement, then the Village shall, upon notice to Owner or ASAP
Software,allow Owner or ASAP Software sixty(60)days to cure default or provide evidence to the
Village that such default will be cured in a timely manner if it cannot be cured during said period. If
Owner or ASAP Software fail to cure such default or provide such evidence as provided above,and
if the Village shall be unable to obtain judicial relief compelling correction of said default,then,with
notice to Owner or ASAP Software, the Village may begin proceedings to disconnect from the
Village any portion of the Property upon which obligations or development have not been completed,
or at the option of the Village, to rezone such Property to the Residential Estate District. In such
event,this Agreement shall be considered to be the petition of the Owner to disconnect such portion
of the Property, or at the option of the Village, to rezone such Property to the Residential Estate
District.
b) It is recognized by the parties hereto that there are obligations and
commitments set forth herein which are to be performed and provided by ASAP Software not by
Laidlaw Transit, Inc. The Village agrees that upon transfer of title of the Property from Laidlaw
Transit,Inc.to ASAP Software,Inc.,Laidlaw Transit,Inc.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 ASAP Software for such performance,except that to the extent that Laidlaw Transit,
5624112 �r
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Inc. shall become a developer or shall designate or contract with a developer other than ASAP
Software, Inc. In that case, Laidlaw Transit, Inc. or the new designee shall be subject to the
liabilities,commitments and obligations of this Agreement. In the event the ASAP Software defaults
in its obligations created under this Agreement,the Village may enforce such obligations against any
owner of the Property.
22. Litigation.
a) The Owner and ASAP Software, at their cost, shall be responsible for any
litigation, brought by third parties, which may arise relating to the annexation, zoning and
development of the Property. Owner and ASAP Software shall cooperate with the Village in said
litigation but Owner/ASAP Software's counsel will have principal responsibility for such litigation.
b) The Owner and ASAP Software shall reimburse the Village for reasonable
attorneys'fees,expenses and costs incurred by the Village resulting from litigation brought by third
parties relating to the annexation,zoning and development of the Property or in the event the Village
is the prevailing party in the Village's enforcement of any of the terms of this Annexation Agreement
upon a default by the Owner or ASAP Software.
c) Owner and ASAP Software 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 ASAP Software is responsible.
23. Special Conditions.
a) Curb cut-One new driveway connecting to Asbury Drive shall be allowed as
depicted on Exhibit D,pursuant to review and issuance of a permit by the Village. Owner or ASAP
i
14
Software shall cooperate with the Village concerning design of said driveway to achieve a safe and
efficient design.
b) Bike Path—It is understood and agreed that the Village Bike Path Plan
contemplates a path along Aptakisic Creek on the north side of the Property on the parcel delineated
as Outlot A on the Conceptual Plat of Subdivision(Exhibit E hereto). Upon request of the Village,
the Owner or ASAP Software shall convey marketable title of Outlot A to the Village free and clear
of any and all liens and encumbrances. In regards to said conveyance, Owner or ASAP Software
shall provide to the Village:
(1) A current survey of Outlot A;
(2) A title insurance commitment in the amount of $10,000.00,
acceptable to the Village;
(3) A special warranty deed acceptable to the Village;
(4) A written statement from the Owner stating that they shall be
responsible for paying the real estate taxes on Outlot A until an
exemption from real estate taxes is obtained by the Village, which
exemption shall be obtained in a timely manner.
It is understood and agreed that Owner or ASAP Software shall grade the property to
the satisfaction of the Village prior to conveyance of said Outlot A to the Village, except the area
identified as wetlands(on the Existing Topography drawing dated April 26,2004 by Greengard,Inc.)
in the northwest corner of the Property.
c) Easements—
(1) It is understood and agreed that certain utility easements on the
property at 850 Asbury Drive need to be vacated and new utility
easements shall be provided on the Property and on the property at
850 Asbury Drive on the final plat of subdivision as directed by the
5624112 / 7
15
Village.
(2) It is understood and agreed that the ingress-egress easement on the
east portion of the Property need to be vacated on the final plat of
subdivision as directed by the Village.
d) Tree Preservation—ASAP Software shall submit a Tree Survey and Preservation
Preservation Plan to the Village Forester and obtain approval from the Forester prior to removal of
any key or significant trees(as defined in the Village Development Ordinance) on the Property.
e) Real estate transfer tax—It is understood and agreed that the Village levies a
real estate transfer tax on all conveyances of real property in the Village. The Property shall be
considered to be in the Village upon passage of the ordinance annexing the Property by the Corporate
Authorities.
f) Security Interest — Owner represents and warrants that at the time of the
annexation of the Property to the Village there will be no mortgages,liens or other security interest
affecting title to the Property or any part thereof.
g) Fire District Reimbursement—Owner shall deposit with the Village the
amount necessary to reimburse the Village for any real estate tax payments made by the Village to
the Long Grove Fire Protection District concerning the Property pursuant to Public Act 91-307(70
ILCS 705/20). Said deposit, as determined by the Village, shall be made by the Owner or ASAP
Software within sixty(60)days of the date of this Agreement.
IN WITNESS WHEREOF, the Corporate Authorities, Owner and ASAP Software have
caused this instrument to be executed by their respective proper officials duly authorized to execute
the same on the day and the year first above written.
5G241i2
16
VILLAGE OF BUFFALO GROVE
By
ELLIOTT HARTSTEIN, Village President
ATTEST:
By �m .
'VTLLAGE CLERK
OWNER: Laidlaw Transit, Inc.
By
ASAP Software Exp s, Inc.
By
This document prepared by:
Robert E. Pfeil,Village Planner& William G. Raysa, Village Attorney
Village of Buffalo Grove
50 Raupp Boulevard
Buffalo Grove, IL 60089
Mail to:
Village Clerk
Village of Buffalo Grove
50 Raupp Boulevard
Buffalo Grove, IL 60089
SG24112
16
VILLAGE OF BUFFALO GROVE
By
ELLIOTT HARTSTEIN, Village President
ATTEST:
By .
AGE CLERK
OWNER: Laidlaw T ansit, Inc.
By ivWl�� L
�;7 r S/
ASAP Software Express, Inc.
This document prepared by:
Robert E. Pfeil, Village Planner& William G. Raysa, Village Attorney
Village of Buffalo Grove
50 Raupp Boulevard
Buffalo Grove, IL 60089
Mail to:
Village Clerk
Village of Buffalo Grove
50 Raupp Boulevard
Buffalo Grove, IL 60089
5f 24 112