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2022-06-20 - Ordinance 2022-056 - AUTHORIZING EXECUTION OF THE CERTIFICATE OF INITIAL ACCEPTANCE FOR THE 1305 BUSCH PARKWAY COMMERCIAL DEVELOPMENT ............................................................ ORDINANCE NO. 2022-056 AN ORDINANCE AUTHORIZING EXECUTION OF THE CERTIFICATE OF INITIAL ACCEPTANCE FOR THE 1305 BUSCH PARKWAY COMMERCIAL DEVELOPMENT WHEREAS,the Village of Buffalo Grove is a home rule unit pursuant to the Illinois Constitution of 1970; and WHEREAS, the Village seeks to execute, a Certificate of Initial Acceptance with the Developer for the completed commercial building development located!at 1305 Busch Parkway in the Village of Buffalo Grove, WHEREAS, upon execution of this ordinance, the Developer MH enter the required one-year mai:ntenance guarantee, 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,recitails are hereby adopted and incorporated and made a part of thiis Ordinance as if fully set forth herein. SECTION 2. The Village President is authorized to execute the Certificate of Initial Acceptance with the Developer for the commercial building development located at 1305 Busch Parkway in the Village of Buffalo Grove. SECTION 3. If any section, paragraph, clause or provision of this Ordinance shall be held invalid, the invalidity thereof shall not affect any other provision of this Ordinance,. SECTION 4. This Ordinance shall be in full force and effect from and after its passage and approval and shall not be codified. AYES: 5—Ottenheimer, We,idenfeld,Johnson, Smith, Pike NAYES: 0—None ABSENT: I—Stein PASSED: June 20, 2022 APPROVED: June 20,2022 APPROVED.- At I 1A A A everly 4Sussm Village President ATTEST. IV Janet f �a&tabia'n,Village Clerk