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1998-073 ORDINANCE NO. 98- 73 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; and WHEREAS, CDW Computer Centers, Inc. ("CDW") is to locate certain of its telemarketing operations, most specifically dedicated to its national corporate sales within the Village of Buffalo Grove; and WHEREAS, as a result, the efficient and effective use of commercial property will occur which will increase the Village's tax base and increase employment opportunities in the Village, and in furtherance of this, 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 incorporated 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: 6 - Marienthal. Reid, Rubin. Braiman. Hendricks. Glover NAYES: 0 - None ABSENT: 0 - None PASSED: November 2 , 1998. APPROVED: November 2 , 1998• APPROVEpt illage P ent ATTEST: VilLlrdge Cleric Exhibit "A" AGREEMENT BETWEEN THE VELLAGE OF BUFFALO GROVE AND CDW COMPUTER CENTERS, INC. This Agreement is entered into on this 2nd day ofNovembe-� 1998, by and between the Village of Buffalo Grove, Cook and Lake Counties, Illinois, an Illinois municipal corporation (hereinafter referred to as the "Village") and CDW Computer Centers, Inc., an Illinois corporation (hereinafter referred to as "CDW"). WITNESSFTH• In consideration of the Preliminary Statements, the mutual covenants herein contained and other good and valuable consideration, the sufficiency and receipt of which is hereby acknowledged, the parties agree as follows: Section 1. Preliminary Statements A. The Village is a home rule unit of government and pursuant to Section 6 of Article VI[ of the Constitution of the State of Illinois is authorized to enter into this Agreement. B. CDW leases certain real property located within the boundaries of the Village which is legally described on Exhibit "A" attached hereto and made a part hereof (the "Property"). CDW is in the business of selling, retailing, distributing, configuring (light assembly), and telemarketing (mail order) personal computers, peripherals and other associated products and services. CDW intends to locate certain of its telemarketing operations, most specifically dedicated to its national corporate sales (hereinafter referred to as the "Business") at the Property. C. The owner of the Property is Chevy Chase Business Park Limited Partnership (the "Owner"). Based upon a petition by the Owner, a Special Use to permit a retail operation was granted under Village Ordinance No. 93-9, such ordinance further granting CDW use of the Property, including the completion of improvements. Further, Owner has developed the Property pursuant to the Ordinance and CDW will occupy the Property for the purpose of conducting its Business thereon and therein. D. The Village is desirous of having the Property occupied. The efficient and effective use of the Property 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 subject to the terms and conditions hereinafter set forth. E. Municipal Sales Tax shall mean: Page 1 of 12 (1) the current Village's Home Rule Sales Tax of lh of one percent (.5%) (Division 11 of Article 8 of Act 5 of Chapter 35 of the Illinois Compiled Statutes) collected by CDW as a result of Business transactions occurring on the Property, or elsewhere in the Village, and if for any reason whatsoever the said Village's .5% Home Rule Sales Tax is not applied to Illinois Taxable Sales originating from the Property on account of the Business, then, (2) the one percent (1%) of the current Illinois "Retailer's Service Occupation Tax" and "Retailers Use Tax" (Chapter 35 of the Illinois Compiled Statutes), collected by CDW as a result of Business transactions occurring on the Property, or elsewhere in the Village, (3) or any similar tax which replaces the tax set forth in this Paragraph E., subsection (1) or (2). Section 2. Village Authority The Village has received an opinion dated March 18, 1993 from Chapman & Cutler, an independent law firm recognized in the area of municipal law, relative to a similar Agreement dated March 1, 1993 that the commitments or obligations on the part of the Village hereinunder, are binding and enforceable in accordance with their terms and are within its lawful authority as a home rule unit of local government under the laws of the State of Illinois. Section 3. Conditions Precedent To The Undertaking On The Part Of The Villlagg All undertakings and approvals on the part of the Village pursuant to this Agreement are subject to satisfaction of the following conditions by CDW: A. CDW shall provide the Village with a copy of an executed lease for the Property wherein CDW is the Lessee and Owner is the Lessor. Said copy shall be certified by CDW and Owner to the Village as being a true, accurate and complete copy of the original thereof. B. CDW shall have completed each of the requirements contained in Section 5. hereof which by its terms preconditions the Village's obligation to disburse any Municipal Sales Tax revenues to CDW. C. Receipt by the Village of a copy of CDW's application to the Illinois Department of Revenue for sales tax operations of the Business on the Property. Page 2 of 12 Section 4• Undertakings On The Part Of The Village A. Provided that CDW shall first have complied with all of the conditions set forth in Section 3. hereof, the Village, pursuant to this Agreement, shall distribute a portion of the Municipal Sales Tax revenues generated by any retail sales activities of CDW's Business located within the Property or within the Village, to the extent the same are received by the Village from the Illinois Department of Revenue ("Sales Tax Distributions") as herein provided. 1. Sales Tax Distributions shall be based on the following defined terms: (a) "Commencement Date" shall be the first day of the first calendar month set forth in the written notice from CDW to the Village that the Property is occupied for the retail sales activities of CDW's Business. (b) "Sales Tax Year(s)" shall mean the twelve (12) consecutive month period starting on the Commencement Date and ending� twelve (12) months later. In order to qualify as a Sales Tax Year, CDW's Illinois Taxable Sales originatingfrom the Property or elsewhere in the Village in that year must exceed $15,0 ,000. A tolling of a Sales Tax Year shall occur for the time frame during which the premises upon which the Proppeerrttyy is located are uninhabitable because of a major casualty. The tolling periodshali not be longer than one year. (2) For each Sales Tax Year the Village shall make one annual "Sales Tax Payment" of an amount equal to 1)2 of 1% of CDW's Illinois Taxable Sales to CDW. (3) For any Sales Tax Year that CDW's Illinois Taxable Sales originating from the Property or elsewhere in the Village do not exceed $15,000,000, the Village shall have no obligation to make the Sales Tax Payment for that year. (4) The Village shall make the annual Sales Tax Payment within one hundred twenty 0) days of the end of the Sales Tax Year provided that the Village shall have Q12 actually received from the Illinois Department of Revenue the distribution of all Municipal Sales Tax revenue applicable to the annual period in question. If for any reason the Illinois Department of Revenue fails to distribute all of the Municipal Sales Tax revenue to the Village within one hundred twenty (120) days of the close of any annual period, the Village shall provide written notiffiication of such fact to CDW. In that event the Village shall make the required annual Sales Tax Payment within a reasonable period of time after it shall have received from the Illinois Department of Revenue all of the Municipal Sales Tax revenue due the Village for such annual period. (5) The Sales Tax Payments set forth above shall be payable solely from Municipal Sales Tax revenues actually received by the Village from the Illinois Department of Revenue and originating from the Business located on the Property. The Village shall not be obligated to pay any Sales Tax Payment identified herein from any other fund or source. B. The parties acknowledge that the agreement to distribute Municipal Sales Tax revenue herein provided is predicated on existing law in the State of Illinois providing for the payment to Illinois municipalities of one percent (1%) of the sales tax generated within each such municipality. In addition, the Village, by local initiative and ordinance, has imposed a one-half percent (.5%) Home Rule Sales Tax that is applied to certain Illinois taxable sales generated from Page 3 of 12 within the Village. The General Assembly of the State of Illinois has, from time to time, considered modifying or eliminating the distribution of sales tax revenues to Illinois municipalities. The parties desire to make express provision for the effect of such change upon the operation of this Agreement. (1) The Village shall not, under any circumstance be required to impose a sales or other tax for the purpose of providing a source o?funds for the Sales Tax Payments herein contemplated. (2) The Village is not required to continue to impose its current home rule sales tax for the purpose of providing a source of funds for the Sales Tax Payments herein contemplated. (3) Should the Illinois General Assembly hereafter and during the term of this Agreement eliminate the distribution of sales tax revenue to Illinois municipalities, or otherwise alter the distribution formula in a manner which�ppr�events the Village and CDW from being able to ascertain with reasonable specificity the amount of Municipal Sales Tax being received by the Village as a direct result of the sales activities of CDW's Business located on the Property, CDW shall receive no distribution of sales tax or other revenues pursuant to this Agreement. (4) Should the Illinois General Assembly hereafter and during the term of this Agreement increase the rcentage of sales tax revenue distributed to Illinois municipalities, the Sales Tax Payments provided for herein shall be continued but shall appplyy solely to the amount of Municipal Sales Tax revenue as set forth in Section 1.E hereof. The distribution shall continue to be made in accordance with the distribution,formula contained in this Section. (5) Should the Illinois General Assembly hereafter and during the term of this Agreement reduce the percentage of sales tax revenue distributed to Illinois mumcipalities, the Sales Tax Pa ments provided for herein shall be continued but shall applyy solely to the amounNf Municipal Sales Tax revenue generated based on CDW s Business located on the Property. Section 5• Undertakings On The Part Of CDW A. CDW shall perform and/or comply with all the conditions precedent and undertakings set forth in this Agreement. B. CDW shall provide to the Illinois Department of Revenue any and all documentation required by the Department to establish the Property as a taxable Business site for the purpose of establishing sales tax liabilities. C. CDW shall provide to the Village quarterly within thirty (30) days after the end of the quarter, certified copies of Illinois Department of Revenue Forms concerning sales tax matters, including without limitation, ST-1 Sales and Use Tax Return and ST-2 Multiple Site Form. Said copies shall be certified by CDW to the Village as being true, accurate and complete copies of the originals thereof. Page 4 of 12 Section 6. Representations And Warran ies of CDW A. CDW hereby represents and warrants that at all times it shall comply with all applicable codes, ordinances, rules, regulations, permits and any conditions attached thereto, whether imposed by the Village or any other unit of local government or agency having jurisdiction over the Property or any portion thereof. Section 7. Notices All notices and requests required pursuant to this Agreement shall be sent as follows: To CDW: Michael Krasny CDW Computer Centers, Inc. 200 North Milwaukee Avenue Vernon Hills, Illinois 60061 with a copy to: Harry Harczak CDW Com �t�er Centers, Inc. 200 North Milwaukee Avenue Vernon Hills, Illinois 60061 To the Village: Village of Buffalo Grove Attn: Director of Finance 50 Raupp Boulevard Buffalo Grove, Illinois 60089 with a copy to: William G. Raysa Ra sa & Skelton, P.C. 1140 Lake Street, Suite 400 Oak Park, Illinois 60301 or at such other addresses as the parties may indicate in writing to the other either by personal delivery of by certified mail, return receipt requested. In the event service is by certified mail, the date of the mailing will be its effective date. Section 8. Law Governing This Agreement shall be construed and enforced in accordance with the laws of the State of Illinois. Section 9. Assignment-, CDW shall not assign this Agreement without the prior written consent of the Village. Such consent shall not be unreasonably withheld. The Village acknowledges that this Agreement is an obligation which runs to CDW and is not a covenant running with the land. Pago 5 of 12 Section 10, Third Party Beneficiaries The Village and CDW agree that this Agreement is for the benefit of the parties hereto and not for the benefit of any third-party beneficiary. No third party shall have any rights or claims against the Village arising from this Agreement. Section 11, Binding Effect This Agreement shall inure to the benefit of and shall be binding upon the Village, CDW and their respective successors and assigns. Section 12, Limitation Of Liability Notwithstanding anything herein contained to the contrary by implication or otherwise, any obligations of the Village created by or arising out of this Agreement shall not be a general debt of the Village or a charge against its general credit or taxing powers, but shall be payable solely out of the Municipal Sales Tax Revenues as set forth herein. No recourse shall be had for any payment pursuant to this Agreement against any officer, employee, attorney, elected or appointed official, past, present or future of the Village. Section 13. No Waiver Or Relinquishment Of Right To Enforce Agreement Failure of any party to this Agreement to insist upon the strict and prompt performance of the terms, covenants, agreements and conditions herein contained, or any of them, upon any other party imposed, shall not constitute or be construed as a waiver or relinquishment of any party's right thereafter to enforce any such term, covenant, agreement or condition, but the same shall continue in full force and effect. Section 14, Approval Or Direction Whenever under the provisions of this Agreement any approval, direction or consent of the Village or CDW is required, or the Village or CDW is required to agree or to take some action at the request of the other, such approval, direction or consent of request shall be given for the Village, unless otherwise provided herein, by the Village Manager or his designee and for CDW as CDW so authorizes in writing. Page 6 of 12 Section 15. Section Headings And Subheadings All Section headings or other headings in this Agreement are for general aid of the reader and shall not limit the plan meaning or application of any of the provisions thereunder whether covered or relevant to such heading or not. Section 16, Authority To Execute Mr. Michael Krasny, CDW Chairman and CEO, warrants that he is duly authorized as an agent of CDW and is specifically authorized to sign this Agreement. The Village President and Village Clerk of the Village hereby warrant that they have been lawfully authorized by the Corporate Authorities of the Village to execute this Agreement. Section 17. Amendment This Agreement sets forth all the promises, inducements, agreements, conditions and understandings between CDW and the Village relative to the subject matter thereof, and there are no promises, agreements, conditions or understandings, either oral or written, express or implied, between them, other than as herein set forth. No subsequent alteration, amendment, change or addition to this Agreement shall be binding upon the parties hereto unless authorized in accordance with law and reduced in writing and signed by them. Section 18. Counterparts This Agreement may be executed in two (2) or more counterparts each of which taken together, shall constitute one and the same instrument. Section 19. Default In the event of any default under or violation of this Agreement, the party not in default or violation shall serve written notice upon the party or parties in default or violation, which notice shall be in writing and shall specify the particular violation or default. All parties hereto reserve the right to cure any violation of this Agreement or default by any of them hereunder within thirty (30) days from written notice of such default. If CDW does not satisfy the conditions precedent to the Village's obligations provided for in Section 3., the Village shall have Page 7 of 12 no recourse against CDW, including no right of specific performance, and the Village, as its sole remedy, shall be released fro many and all obligations hereunder. Section 20. TUM The Term of this Agreement shall begin as of the date that CDW initiates its Business on the Property and shall expire as of the date that it ceases to conduct its Business on the Property. Upon expiration, this Agreement shall become null and void and be of no further force or effect. Page 8 of 12 IN WITNESS WHEREOF, the parties hereto have set their hands and seals as of the date and year first written above. Village of Buffalo Grove, an Illinois muni ' al corpo tion, By age rest en ATTEST: viflafe-ulerk CDW Computer Centers, Inc., an Illinois rporation /Chairnpe ATT T: CFO Page 9 of 12 STATE OF ILLINOIS SS COUNTY OF LAKE I, the undersigned, a Notary Public in and for said County, in the State of aforesaid, DO HEREBY CERTIFY that SIDNEY H. MATHIAS, Village President of the Village of Buffalo Grove, and JANET SIRABIAN, Village Clerk of said Village, personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such Village President and Village Clerk, respectively appeared before me this day in person and acknowledged that they signed and delivered the said instrument as their own free and voluntary act, and as the free and voluntary act of said Village, for the uses and purposes therein set forth; and the said Village Clerk then and there acknowledged that she as custodian of the corporate seal of the Village of Buffalo Grove, did affix the corporate seal of said Village to said instrument, as her own free and voluntary act and as the free and voluntary act of said Village, for the uses and purposes therein set forth. Given under my hand and Notorial Seal this }' day�of p w/�� , 1998. Notary Public LNO BLgAT FREED tvf YCO SATE ISSION Exp•FEB. 10,2000 Page 10 of 12 STATE OF]LLINOIS ) ) SS COUNTY OF LAKE ) I, the undersigned, a Notary Public in and for said County, in the State of aforesaid, DO HEREBY CERTIFY that MICHAEL KRASNY, CEO/Chairman of CDW Computer Centers, Inc., and Harry J. H a r c z a k, J r . C F O of said Corporation, personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such CEO/Chairman and Corporate Secretary, respectively appeared before me this day in person and acknowledged that they signed and delivered the said instrument as their own free and voluntary act, and as the free and voluntary act of said Corporation, for the uses and purposes therein set forth; and the said Corporate Secretary then and there acknowledged that she as custodian of the corporate seal of CDW Computer Centers, Inc., did affix the corporate seal of said Corporation to said instrument, as her own free and voluntary act and as the free and voluntary act of said Corporation, for the uses and purposes therein set forth. Given under my hand and Notorial Seal this day of , 1998. — Notary Public "OFFICIAL SEAL" CHERYL LYNN JARM Notary Public,State of Illinois My Commission Expires 10/01/01 Page 11 of 12 EXHIBIT "A" Chevy Chase Business Park West LOT 1 IN CHEVY CHASE BUSINESS PARK WEST RESUBDIVISION NO. 2 OF PART OF THE SOUTHEAST 'A AND PART OF THE EAST 1/2 OF THE SOUTHWEST, 1/ OF SECTION 34, TOWNSHIP 43 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN LAKE COUNTY, ILLINOIS. ALSO THAT PART OF LOT 6 IN CHEVY CHASE BUSINESS PARK WEST RESUBDIVISION OF PART OF THE SOUTHEAST 'A AND PART OF THE EAST 1/2 OF THE SOUTHWEST 1/ OF SECTION 34, TOWNSHIP 43 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED APRIL 13, 1989 AS DOCUMENT NO. 2783188, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID LOT 6; THENCE SOUTH 65 DEGREES 00 MINUTES 00 SECONDS EAST ALONG THE SOUTHERLY LINE OF SAID LOT 6, 18.67 FEET TO A POINT FOR A PLACE OF BEGINNING; THENCE CONTINUING SOUTH 65 DEGREES 00 MINUTES 00 SECONDS EAST ALONG THE SOUTHERLY LINE OF SAID LOT 6, 135.03 FEET TO AN ANGLE POINT IN SAID LINE; THENCE SOUTH 89 DEGREES 58 MINUTES 11 SECONDS EAST ALONG THE SOUTH LINE OF SAID LOT 6, 662.26 FEET TO THE NORTHEAST CORNER OF LOT 1 IN CHEVY CHASE BUSINESS PARK WEST RESUBDIVISION NO. 2 OF PART OF THE SOUTHEAST 1/4 OF SECTION 34, AFORESAID; THENCE NORTH 00 DEGREES 13 MINUTES 45 SECONDS EAST ALONG THE NORTHERLY EXTENSION OF THE EAST LINE OF SAID LOT 1, 57.00 FEET; THENCE NORTH 89 DEGREES 58 MINUTES 11 SECONDS WEST PARALLEL WITH THE SOUTH LINE OF SAID LOT 6, 784.86 FEET TO THE PLACE OF BEGINNING, IN LAKE COUNTY, ILLINOIS. 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