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1991-033 ORDINANCE NO. 91- FIFTH AMENDMENT TO THE TOWN CENTER PLANNED UNIT DEVELOPMENT ORDINANCE (VILLAGE GREEN PARCEL) WHEREAS, the Village of Buffalo Grove (the "Village") is a Home Rule Unit by virtue of the provisions of the Constitution of the State of Illinois of 1970; and WHEREAS, Buffalo Grove Town Center Partnership, an Illinois limited partnership ("BGTCP") is the owner of a certain tract of property comprising approximately 1.5169 acres, legally described in Exhibit "A" attached hereto, which exhibit is made a part hereof (hereinafter referred to as the "Village Green Parcel ") and which Village Green Parcel is within the corporate limits of the Village; and WHEREAS, the Village Green Parcel was zoned in the Village of Buffalo Grove by Ordinance No. 86-61, dated November 3, 1986 (the "PUD Ordinance") (recorded as Document No. 2519102) , which zoned the Village Green Parcel as part of a Planned Unit Development in the B-5 District; and WHEREAS, the PUD Ordinance has previously been amended. The first amendment being Ordinance No. 88-89 dated September 19, 1988 (recorded as Document No. 2727429) which ordinance approved 92 condominium dwelling units in two buildings of four stories over parking, and 18 townhouse dwelling units. The second amendment being Ordinance No. 89-47 dated May 22, 1989 (recorded as Document No. 2796968) which ordinance approved 88 condominium dwelling units 022891/SFS0452/50452AM5.PUD in two buildings and 63 townhouse dwelling units. The third amendment being Ordinance No. 90-65 which ordinance allowed a revision of the Approved Preliminary Plan to allow construction of a medical office to be opened by the Michael Reese Health Plan. The fourth amendment being Ordinance No. 90-71 which ordinance allows the construction of a post office facility instead of a senior citizen housing. WHEREAS, the Village desires to have conveyed to it by BGTCP, the Village Green Parcel, and BGTCP desires to convey the Village Green Parcel to the Village, subject to certain terms and conditions set forth in that certain Warranty Deed (the "Deed") attached hereto as Exhibit "B" and made a part hereof; and WHEREAS, in order to satisfy the requirements of the PUD Ordinance, the Village and BGTCP entered into that certain Covenant and Easement Agreement dated as of February 20, 1989 (the "Covenant Agreement") (recorded as Document No. 2773239) ; and WHEREAS, after the conveyance of the Village Green Parcel to the Village, the Village has agreed that it will be the responsibility of the Village to maintain the Village Green Parcel and BGTCP shall be released from any and all obligations to maintain the Village Green Parcel as now set forth in the PUD Ordinance and in the Covenant Agreement; and WHEREAS, the President and Board of Trustees, after due and careful consideration have concluded that the amendment of the PUD Ordinance, the amendment of the Covenant Agreement in the form of Exhibit "C" attached hereto and made a part hereof (the "Amended 022891/SFS0452/50452AM5.PUD 2 Covenant Agreement") would best serve the interests of the Village; and WHEREAS, the President and Board of Trustees of the Village (sometimes hereinafter referred to as the "Corporate Authorities") do hereby find that the evidence presented meets the requirements for the amendment of a Planned Unit Development and for the amendment of the Covenant Agreement. NOW, THEREFORE, BE IT ORDAINED by the President and the Board of Trustees of the Village of Buffalo Grove, Cook and Lake Counties, Illinois, as follows: 1. Applicable Law. This Ordinance is made pursuant to and in accordance with the Village's Zoning Ordinance and the Village's Home Rule powers. The preceding whereas clauses are hereby made a part of this Ordinance. 2. Enactment of Zoning Ordinance. The Corporate Authorities hereby adopt a proper, valid and binding ordinance approving this amendment to the Planned Unit Development for the Village Green Parcel. 3 . Approval of Execution of Covenant and Easement Agreement. The Corporate Authorities hereby approve the execution and delivery by the Village of the Amended Covenant Agreement. 4 . Acce tance of Villa e Green Parcel,. The Corporate Authorities hereby approve the acceptance of the Village Green Parcel and agree to release BGTCP from any and all obligations whatsoever with respect to the maintenance of the Village Green 022891/SFS0452/S0452AM5.PUD 3 Parcel and to release BGTCP from any obligation to indemnify the Village for any acts occurring at the Village Green Parcel. 5. Amendment to PUD Ordinance. The following amendments to the PUD Ordinance are hereby adopted: (a) The third sentence to the variation of 16.50. 070.D. of the Buffalo Grove Development Ordinance set forth in Section 21.A of the PUD Ordinance is hereby amended to read as follows: "The Developer hereby indemnifies the Village for any and all liability to any third party for personal injury or property damage and of any other responsibility for any public improvement within the development other than Lot 5 in Buffalo Grove Town Center Unit 3 (the "Village Green Parcel") . (b) Section 21.D of the PUD Ordinance is hereby amended to read as follows: "Upon request of the Village, the 1� acre Village Green parcel as shown on Exhibit C-1 shall be dedicated to the Village by warranty deed and after such dedication by Developer to the Village, said parcel and improvements shall be maintained solely by the Village and the Developer shall have no further obligations whatsoever to maintain the Village Green parcel". (c) Section 21 J. (1) of the PUD Ordinance is hereby deleted in its entirety. (d) Section 21 J. (2) of the PUD Ordinance is hereby amended by deleting the period at the end of the first sentence of such section and inserting the following: " except for the Village Green Parcel. " (e) Section 21 J. (3) of the PUD Ordinance is amended by deleting the period at the end of the sentence and inserting the following: ", except for the Village Green Parcel. " 022891/SFS0452/S0452AM5.PUD 4 6. This Ordinance shall be in full force and effect from and after its passage and approval. This Ordinance shall not be codified. AYES: 5 - Reid . Shifrin Mathias O'Malley, Rahn NAYES: 0 - None ABSENT: 1 - Marienthal PASSED: March 4 1991 APPROVED: March 4. 1991 APPROVED: Village President ATTEST: 022891/SFSO452/SO452AM5.PUD 5 EXHIBIT "A" Lot 5 in Buffalo Grove Town Center Unit 3, being a subdivision of Part of the Southwest Quarter of Section 33, Township 43 North, Range 11 East of the Third Principal Meridian, according to the plat thereof recorded April 20, 1990 as Document 2898129 in Lake County, Illinois. 022891/SFSO452/SO452AM5.PUD 6 EXHIBIT C �'r ! FIRST AMENDMENT TO COVENANT AND EASEMENT AGREEMENT THIS FIRST AMENDMENT TO COVENANT AND EASEMENT AGREEMENT (the "First Amendment") , made this day of , 1991 by and between THE VILLAGE OF BUFFALO GROVE, an Illinois municipal corporation, whose address is 50 West Raupp Boulevard, Buffalo Grove, Illinois 60089 (hereinafter referred to as the "Village") and BUFFALO GROVE TOWN CENTER PARTNERSHIP, an Illinois limited partnership (hereinafter referred to as "BGTCP") . WITNESSETH: WHEREAS, the Village and BGTCP entered into that certain Covenant and Easement Agreement dated as of February 20, 1989 and recorded as Instrument No. 2773239 with the Office of ' the Recorder of Lake County, Illinois (the "Covenant Agreement") ; and WHEREAS, the parties hereto desire to reflect that BGTCP has conveyed to the Village by warranty deed the real estate described in Exhibit "A" attached hereto and made a part hereof (the "Village Green Parcel") ; WHEREAS, the parties hereto desire to set forth that as a result of such conveyance of the Village Green Parcel, BGTCP has no further obligations whatsoever to maintain the Village Green Parcel. NOW, THEREFORE, in consideration of the foregoing and for the SUM of Ten Dollars ($10 . 00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, BGTCP and the Village covenant and agree as follows: 1. The foregoing whereas clauses are hereby made a part of this Covenant. 010291/simon/SO452COV.ESE 2. Section 3 of the Covenant Agreement is hereby deleted in its entirety and the Village acknowledges that BGTCP has no further obligations whatsoever to maintain the Village Green Parcel or any structures thereon. 3. All terms not otherwise defined herein shall have the meanings ascribed to such terms in the Covenant Agreement. 4. Except as otherwise modified by this First Amendment, the Covenant Agreement shall continue in full force effect. BUFFALO GROVE TOWN CENTER PARTNERSHIP, an Illinois limited partnership By: BUFFALO GROVE ASSOCIATES, an Illinois limited partnership By: BGI, INC. , an Indiana corporation By: VILLAGE OF BUFFALO GROVE, an Illinois municipal corporation By: ATTEST: Village President This document prepared by and mailed to: William G. Raysa, Bloche, French & Raysa, P.C. 1140 Lake Street, Suite 400, Oak Park, Illinois 60301 111990/simon/SO452COV.ESE 2 STATE OF ILLINOIS ) SS: COUNTY OF COOK ) it , a Notary Public in and for said County, in the State aforesaid, do hereby certify that , personally known to me to be the of the Village of Buffalo Grove, an Illinois municipal corporation and , personally known to me to be the Village Clerk of the said Village of Buffalo Grove, and personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledge that as such President and Village Clerk, they signed and delivered said instrument as President and Village Clerk of the Village of Buffalo Grove, as their free and voluntary act, for the free and voluntary act of said Village of Buffalo Grove for the uses and purposes therein set forth. Given under my hand and official seal this day of 1991. Notary Public My Commission Expires: My County of Residence: 031191/simon/SO452COV.ESE 3 STATE OF INDIANA ) SS: COUNTY OF MARION ) I, a Notary Public in and for said County, in the State aforesaid, do hereby certify that of Buffalo the of BGI, Inc. , the general partne falo Grove Associates, an Illinois limited partnership ("BGA") , the general partner of Buffalo Grove Town Center Partnership, an Illinois limited partnership, personally known to me to be the same person whose name is subscribed to the foregoing instrument appeared before me this day in person and acknowledged that he signed and delivered said instrument as his free and voluntary act for and on behalf of the corporation as general partner of BGA, as general partner of the partnership for the uses and purposes therein set forth. Given under my hand and official seal this day of ► 1991. Notary Public My Commission Expires: My County of Residence: 031191/simon/SO452COV.ESE 4 e EXHIBIT B WARRANTY DUE THIS INDENTURE WITNESSETH, that BUFFALO GROVE TOWN dENTER PARTNERSHIP, a limited partnership duly organized and existing under and by virtue of the laws of the State of Illinois (the "Grantor") for and in consideration of one Dollar ($1. 00) and other good and valuable considerations, the redleipt and sufficiency of which is acknowledged, GRANTS, BARGAINS AND CONVEYS TO THE VILLAGE OF BUFFALO GROVE, ILLINOIS ("Grantee") And whose address is 50 Raupp Boulevard, Buffalo Grove, Illinois 60059 , the following described real estate ("Real Estate") , to wit: Lot 5 in Buffalo Grove Town Centet7 Unit 3, being a subdivision of Part of the Southwest Quarter of ,ection 33 , Township 43 North, Range 11 East of the Third Principal Meridian, according to the plat thereof recorded April 20, 1990 as Document 2898129 (the "Plat") in Lake County, Illinois Permanent Tax Numbers 153330073, 153 30074 and 1533300075 The Real Estate is subject (1) to all easement:, conditions, claims and restrictions on the public r4ouurLls including without: limitation such easements set forth on the Plat of Buffalo Grove Town Center Unit 3 (2) rights or claims cf parties in possession, boundary line disputes, overlays, encroachments and any other matters not shown on the public records which would be disclosed by an accurate survey and inspection of the Real Estate and (3) all installments for real estate taxes for 1990 and all installments for real estate taxes due and payable thereafter. Grantor warrants the title to the Real Estate only against its own acts, and none other, and only agai st the lawful claims of persons or entities claiming by, through or under Grantor, and none other. IN WITNESS WHEREOF, said Grantor cau es its name to be signed to these presents by its duly authorized cfficial, this _ day of BUFFALO GROVE TOWN CENTER PARTNERSHIP , an Illinois limited partnership By; BUFFAIP GROVE ASSOCIATES, an 111 nois limited partnership By: EGI, INC. , an Indiana corporation, eneral partner Y: Attest: v STATE OF INDIANA ) SS: COUNTY OF MARION ) Before me a Notary Public in and for slid county and the State aforesaid, do hereby certify that and the and of 8GI, INC. , an l diana corporation and a general partner of auFFALO GROVE ASSOCIAT •S, an Illinois limited partnership, and a general partner of aU FALO GROVE TOWN CENTER PARTNERSHIP, an Illinois limited partners- ip, who are personally knnwn to re to be the same persons whose names are subscribed to the foregoing instrument as sucn orri-ce s u-L tw�l= :��yru�--- �� ► appeared before -e this day in person and acknowledged that they signed, sealed and delivered they said instrument as their own free and voluntary act and as the free and voluntary dut of said Corporation and Limited Partnership, for the uses and purposes therein set fortis. WITNESS my hand and Notarial seal this day of 1g Notary Public My Commission Expires: County of Residence: Future Taxes to: Return this document to: (g) The rule of ejusdem generis shall not be applicable herein to limit a general statement, which is followed by or referable to an enumeration of specific matters, to matters similar to the matters specifically mentioned. (h) The provisions of this agreement are intended to be for the sole benefit of the parties hereto, and their respective successors and assigns, and none of the provisions of this agreement are intended to be, nor shall they be construed to be, for the benefit of any third party. (i) This agreement shall be construed without regard to any presumption or rule requiring construction against the party causing such instrument to be drafted. 24. Attorney's Fees. In the event of a default hereunder, the non-defaulting party shall be entitled to recover, in addition to all other damages allowed at law or in equity, all costs and expenses, including, without limitation, reasonable attorney s fees, incurred in connection with the enforcement hereof. 25. Escrow Closing. At the election of Owner or Grantee upon notice to the other party of not less than five (5) days prior to the time of closing, the sale of the Real Estate shall be closed through an escrow with the Title Company, in accordance with the general provisions of the usual form of deed and money escrow agreement then in use by the Title Company, with said special provisions inserted in the escrow agreement as may be required to conform with this Agreement. Upon the creation of said escrow, payment of the Purchase Price less any Option Money paid to the Owner as of such date, and delivery of the special warranty deed shall be made through such escrow. The cost of such escrow shall be divided equally between Owner and Grantee. 26. Authority. The Grantee hereby represents and warrants to Owner (which representation and warranty shall survive the closing of this transaction) that Grantee has full power and authority to execute and deliver this agreement; and that all necessary action for entering into this option has been taken and done by Grantee. 030491/SF50452/op[ionpo.Pur 9 rW� EXECUTED AND DELIVERED by Owner and accepted by Grantee as of this day of , 19,.. . BUFFALO GROVE TOWN CENTER PARTNERSHIP, an Illinois general partnership By: BUFFALO GROVE ASSOCIATES, an Illinois limited partnership, its general partner By: BGI, INC., its general partner By: "Owner" VILLAGE OF BUFFALO GROVE By: Attest: , �Kti�� - 1.YlnAKw+w'L "Grantee" 030491/SFS0452/0ptimPO.Pur 10