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1993-012 2/12/93 ORDINANCE NO. 93- 12 AN ORDINANCE APPROVING AN AGREEMENT WITH CDW COMPUTER CENTERS INC. WHEREAS, the Village of Buffalo Grove is a Home Rule Unit pursuant to the Illinois Constitution of 1970 . WHEREAS, CDW Computer Centers, Inc . ( "CDW") is desirous of relocating its corporate headquarters, telemarketing center, and other aspects of its selling, retailing, configuring of personal computers and peripherals business to the Village of Buffalo Grove, and; WHEREAS, CDW has represented that in order to relocate its business to the Village it requires economic assistance from the Village in order to complete said relocation in an optimal fashion, and, but for the economic assistance from the Village, the relocation as contemplated would not be economically viable nor eligible for the investment necessary for its completion, and; WHEREAS, the Village is desirous of having CDW relocate its business to the Village in order to service the needs of the Village and its residents . Said relocation will increase the Village' s tax base and increase employment opportunities in the Village, and, in furtherance thereof, the Village is willing to grant certain incentives to CDW. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS, as follows : Section 1. The foregoing Whereas clauses are hereby incor- porated herein. Section 2 . The Village President and Village Clerk are hereby authorized to execute the "Agreement Between The Village Of Buffalo Grove and CDW Computer Centers, Inc . " , a copy of which is attached hereto as Exhibit "A" . 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 - Marienthall Reid Kahn2 Braiman Hendricks NAYES : 0 - None ABSENT: 1 - Rubin ABSTAIN: 0 - None PASSED: February 16 1993 . APPROVED: February 16 1993 . ;APPROV Vi e President ATTEST: 9, . lage Clerk -2-