Loading...
2022-12-05 - Ordinance 2022-131 - APPROVING THE FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT APPROVED BY ORDINANCE NO. 2003-10 FOR THE RIVERWALK NORTH PROPERTY (301 Riverwalk) December 5,2022 ORDINANCE NO. 2022-131 AN ORDINANCE APPROVING THE FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT APPROVED BY ORDINANCE NO. 2003-10 FOR THE RIVERWALK NORTH PROPERTY 325 N RIVERWALK DRIVE, BUFFALO GROVE, ILLINOIS VILLAGE OF BUFFALO GROVE COOK AND LAKE COUNTIES, ILLINOIS WHEREAS,the Village of Buffalo Grove is a Home Rule Unit by virtue of the Illinois Constitution of 1970; and, WHEREAS,the Village entered into a Restated Annexation Agreement on February 3,2003,which was approved by Village Ordinance No. 2003-10 (hereinafter referred to as the "Restated Agreement") for the real property("Property") legally described in EXHIBIT A hereto; and, WHEREAS, Owner is the owner of a certain tract of property ("Property") comprising 3.79 acres legally described and identified in the Legal Description, attached hereto as EXHIBIT A and made a part hereof, known as 325 N Riverwalk Drive; and, WHEREAS, Owner has requested approval of an amendment to the Restated Agreement to construct a 360-space off-street parking lot at 325 N Riverwalk Drive in lieu of the eight-story office building and parking structure previously approved; and, WHEREAS, proper and due notice of the public hearing on December 5, 2022 concerning said Amendment have been given and the public hearing was held; and, WHEREAS,the Village Board has determined that it is in the best interest of the Village of Buffalo Grove to approve the first amendment of the Restated 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. This ordinance is made pursuant to and in accordance with the Village's Zoning Ordinance, Development Ordinance,and the Village's Home Rule powers.The preceding Whereas clauses are incorporated herein. Section 2. The first amendment to the Restated Annexation Agreement, a copy of which is attached hereto and made a part hereof as EXHIBIT B, is approved. Section 3. The President and Clerk of the Village are hereby authorized to execute said Agreement on behalf of the Village of Buffalo Grove. 2 Section 4. This Ordinance shall be in full force and effect from and after its passage and approval. This Ordinance shall not be codified. AYES: 5—Stein,Weidenfeld,Johnson,Smith, Pike NAYES: 0—None ABSENT: 1—Ottenheimer PASSED: December 5,2022 APPROVED: December 5,2022 APPROVED: Beverly Sussm Village President A1 TEST: , �C> ���_�����.��_��+�� �an�AA-�Sira�aiar�,�Jillage Clerk This document was prepared by: Patrick Brankin 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 3 EXHIBIT A Le�al Description Parcel 1 LOT 4 IN RIVERWALK NORTH, BEING A RESUBDIVISION IN THE SOUTH 1/2 OF SECTION 35, TOWNSHIP 43 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN LAKE COUNTY, ILLINOIS ACCORDING TO THE PLAT THEREOF RECORDED SEPTEMBER 13, 2005 AS DOCUMENT 5857621, IN LAKE COUNTY, ILLINOIS. Parcel 2 PERMANENT EASEMENT OVER PARTS OF LOT 3 AS SHOWN BY DASHED LINES ON THE PLAT OF SUBDIVISION RECORDED AS DOCUMENT 5857621 AND LABELED "ACCESS EASEMENT" FOR INGRESS, EGRESS,AND ACCESS FROM LOT 4 TO NORTH RIVERWALK DRIVE BY SUCH PROPERTY OWNERS AND THEIR BENEFICIARIES, EMPLOYEES, AGENTS, TENANTS,AGENTS,SUCCESSORS AND ASSIGNS. SUBJECT PROPERTY COMMON DESCRIPTION: 325 N Riverwalk Drive, Buffalo Grove, IL 60089 PARCEL INDEX NUMBER: 15-35-402-147 4 EXHIBIT B FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT FOR THE RIVERWALK NORTH PROPERTY 325 N RIVERWALK DRIVE, BUFFALO GROVE, ILLINOIS FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT FOR RIVERWALK NORTH PROPERTY AT 325 N RIVERWALK DRIVE VILLAGE OF BUFFALO GROVE COOK AND LAKE COUNTIES,ILLINOIS This agreement("First Amendment") is made and entered into as of this 5`h day of December 2022 by and between the Village of Buffalo Grove ("Village") by and through the President and Board of Trustees of the Village(hereinafter collectively referred to as the "Corporate Authorities") and Riverwalk North Office, LLC,("Owner"). WITNESSETH: 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, pursuant to the provisions of Section 5/1 1-15.1-] 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 Village entered into an Annexation Agreement approved February 3, 2003 with LaSalle Bank National which was approved by Village Ordinance No. 2003-10 (hereinafter referred to as the "Restated Agreement") for the real property("Property") legally described in EXHIBIT A hereto; and, WHEREAS, Owners are the owners of a certain tract of property ("Property") comprising 3.79 acres legally described and identified in the Legal Description, attached hereto as EXHIBIT A and made a part hereof, known as 325 N Riverwalk Drive; and, WHEREAS,Owner has requested approval of an amendment to the Restated Agreement approved by Ordinance No.2003-10 to construct a 360-space off-street parking lot as depicted in the Plan Set attached hereto as EXHIBIT B, and made a part hereof; and, 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 First Amendment to the Restated Agreement was submitted to the Corporate Authorities and a public hearing was held thereon pursuant to notice as provided by Statute; and, 1 WHEREAS, the President and Board of Trustees after due and careful consideration have concluded that an amendment to the Restated Agreement ("First Amendment") would serve the best interests of the Village; and, WHEREAS, the following EXHIBITS, some of which were presented in testimony given by the Owner or the witnesses during the hearings held before the President and Board of Trustees prior to the execution of this First Amendment, are hereby incorporated by reference herein, made a part hereof and designated as shown below. EXHIBIT A Legal Description EXHIBIT B Plan Set NOW, THEREFORE, in consideration of the premises, mutual covenants and agreements herein set forth,the parties hereto agree as follows: 1. A�plicable Law. This amendment is made pursuant to and in accordance with the provisions of Section 5/11-15.]-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 whereas clauses are hereby made a part of this Amendment. 2. Term of Agreement. That certain Restated Annexation Agreement dated February 3, 2003, approved by Ordinance No. 2003-10 is hereby amended to allow the construction of a 360-space off street parking lot on the vacant lot at 325 N Riverwalk Drive as depicted in EXHIBIT B. 3. Scope of Amendment. All references, conditions and obligations to the Property in the Restated Agreement not otherwise amended by this First Amendment shall remain in full force and effect. IN WITNESS WHEREOF, the Corporate Authorities and Owner 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. VILLAGE OF BUFFA O GROVE By BEVERLY SUSS N, Village President 2 ATTEST: �--a} ' . By_ l��.l, 1 ;Y`-L. �+�"'�-�ca,�,v �_..f...�_�...�._... ____ -�1LLACr�o'L.�RK ;-�.. ,:_--� . - ..-,.,= RIVERWALK NORTH OFFICE L.L.C., AN ILLINOIS LIMITED LIABILITY COMPANY BY: HP RTVERWALK NOR'TH OFFICE L.L.C., AN ILLINOIS LIMITED,LIABTLITY COMPANX BY: /�f!���. '•^: '-t�K i ` NAME: TIMOTHY BEECHICK TITLE: MANAGiNG MEMBER This document prepared by: Patrick Brankin Village of Buffalo Grove 50 Raupp Blvd. Buffalo Grove, Illinois 60089 Mail to: Village Clerk Village of Buffalo Grove 50 Raupp Boulevard Buffalo Grove, IL 60089 3 EXHIBIT A FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT FOR RIVERWALK NORTH PROPERTY AT 325 N RIVERWALK DRIVE Le�al Description Parcel 1 LOT 4 IN RIVERWALK NORTH, BEING A RESUBDIVISION IN THE SOUTH l/2 OF SECTION 35, TOWNSHIP 43 NORTH, RANGE 1 l, EAST OF THE TH[RD PRINCIPAL MERIDIAN, IN LAKE COUNTY, ILLINOIS ACCORDING TO THE PLAT THEREOF RECORDED SEPTEMBER 13, 2005 AS DOCUMENT 5857621, IN LAKE COUNTY, ILLINO[S. Parcel 2 PERMANENT EASEMENT OVER PARTS OF LOT 3 AS SHOWN BY DASHED LINES ON THE PLAT OF SUBDNISION RECORDED AS DOCUMENT 5857621 AND LABELED "ACCESS EASEMENT" FOR INGRESS, EGRESS, AND ACCESS FROM LOT 4 TO NORTH RIVERWALK DRIVE BY SUCH PROPERTY OWNERS AND THEIR BENEFICIARIES, EMPLOYEES, AGENTS, TENANTS, AGENTS, SUCCESSORS AND ASSIGNS. SUBJECT PROPERTY COMMON DESCRIPTION: 325 N Riverwalk Drive, Buffalo Grove, lL 60089 PARCEL INDEX NUMBER: 15-35-402-147 4 EXHIBIT B FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT FOR RIVERWALK NORTH PROPERTY AT 325 N RIVERWALK DRIVE Plan Set 5 w � � ,�� � a' .,, '�` � .�' .N �►��''� ��� � , '`' `�F . ;:a1` ,� ,� �%4G' �'� I� �� �C��� . ,� * w- �, s�r I 'y ; ., , �1,`,.-`,� •,,, .,� ,� � . ; �� a,. a t ������ ,� � �. - ,� �,���.� ;��s��N. �. _� . / � � /r __ � ' �f-`:� /, >� �,pt '��, i i E - --'1 ; � ' ' �1-��' - - - _ � i��"J � � , r -� d� . � ; D ; �l �. __ _.__ �� _ � �� � ; ; _ _ �i o f � {� a - �k� , � __ _ _. �� ,� _ � i � �� �� ' � �- , � � ' � � {�'�� ' ��, � , _ � �� , - �:.,; _.R: (�. .��� - ` � .r...._ � HAMILTON PARTNERS-RIVERWALK NORTH - ��� � RIVERWALK NORTH LOT 4-VARKING FACILITY �- ��������-��� ��� � .,,..i. .�,..,, .. .. . . `-' ,�:', ' •^"' -�^` � FRFLIMINARY SRE GLAN .... ._..--... ... .- ._ Engineenng, LLC � . _— — � ' � a " t";— — • . k c:— — ;' _ N ��:� `��- - i .,'� scaab�o�m,teaa . .i: ,._ .. . Scale: 1"=30'-0" � ' lanuary 27,2022 ��. ��. � �, �� September 21,2022 � � �� '� � � � � � � � � • �� � � r �'' \ �� �,.\'. K K � K K -� K / K K ��' K K K ��-� C � `.\ . �.I � .. .. _ _.. :. -. � �� (�. \ , i �� � ..- �� �.,..� G . .G G . .. ...�/� C : `._, � \ ��{��g � ��� �� ,, a � -E - .�� ��_ � . i .�r�o.,. _ . ' ''- i> , .i, .�.�� e, H - �. , J E � ,.E ._E� E._ . E�, ,.E ...E� E E E- -E� A \�� . . �_.. � �� _ _ . _ _ snv�.��<, \1 _ � �. �.r�rkn6Lo� �. � i5landx x� \ �� f y �� NrMe Pat� �� ( ;}�� ! f �le�se veres� � p ri r _ ( , t?a '.�yW�r ��p . �� �� . �W� ��(� � � _ � i F �F F F F F � � ,�� . :�� � � � .. I �i L ,. .'. . /P F . �0 �, � i_ �h. � � ��`.�- — ., �� �� OT4 - — �� \ ���d i 360 CARS ��. A e �k u.m � \ � F ,> -_ vuNT usr w.nv c.� w... r..wr c�.w�n,m. v.. .rmew �� I ��a��,�.o,..m.,u (� u�ee,.�mv rr.r.,io�y .,�p ; s�.ue�eo�s �i . ; �} �u«wen�vain,�fo,�v �'y,I� ' .. � c.,.,,�. r�.�..,,..,, r..�.m,.,,� e.,,,..��iw,�r�».�w� ,- n ' ���F v��.P,.Pxo.eP,--_.�--�y� .. � /E E E �"H._: .. .m�. ,m.�„�, �N.,.�.�,YY �«'.�,�a�.».�.,�.�r. �.. / �\ 1\�II��� � I/ E .E G� �k� � �'�M 8,� .��''� j -E _ l� .. ��a I�Ne n `"F'r'��� rIR� ��Y3��� �. ,,,,,��w. o.��„ v..i.�w , � ' 1 � � � ".q �u�. �\ �. A d � � � A . . Y� _ : �.� �, _ � � �.�/ �[ . ,ny,.�. ����•���. : B 1 /��\I /� . i..M su.. .,. ,..�, e . ��j�, I G�7�—�\ � � � „�. �_� ; - a� � � i •Sizes,Varietles and QuantlNes may vary due to availability at tlme of construction . e� � A / �ziv�-rw� 1/� ��` ;:�: �..��I� � . � � .D �.. � . �' -�r D �_ A Conceptud�Ldndscdpe Gldn for..... �;`� Riverwalk North Lot 4 -Propose� Parking Facility � HAMILTU A Hamilton Partners Property �AR`I'NERS — . __.. __ ----- _ --- - — £ .. . � a, �� ��I . .�� �-:���. �s, .... .._.:��_ r_ . . �..r�* . .� � �< � �t� �„ �: . ..- , ��-� � ,.k . . . . �528.0.3t d . - � . I i � , . . . i I� � � � . � . � e a '���. �.� �� . oy. ,,._ - � e �- , p� �� ' , - �,-n� ,��; ., , ,��, �,� ; .�� _ , , �� �� � � J ' ,j � - �_t � ��'�. k ^- , [ , —� --� _ � I s�,.r � .�" -{F;�'�.' �{.`.,��.,"�"��� "�k.,� � �, ���j'.'� � �-�"'� . � ' I 9� -- � �... ...� _. � li �1� . ,. . . . . . � � �9�i � ~— • — . . '�, .e . '.�n 'I ��9 ,. . ,� .. ,�— . . .F . �.��.. ��� _ . . � ,,,�, . _ ,��. ,_ _ . 'd , A�� �w„ 'I � , , , . � . �, . .,. . ., . ,_ �. �' _ �.. �,. . . .�� , lL'S. . . ti+3��a����., ., isi, i� „ „ _-., ,. ,, ,.• . . � y _ . �.._— .. .��, � „ „ , . (..—,.. _,J . +w�,, , .; 1. , ,. � . .. , � � . ., „ , . . �. _�, .. . . ,.� r 5 �. ._ ( i � A'�• � . , .LOT 4 . , , . E �^- � r ,. � �{� *&�o o �-,. � � �,. ,� „ I s �'�1��''-� �e �. —�,--., , . 1. , „ . e ,� ,. ., ,. . ' � , , ,. �e . .��-.. ,. ,_ „ . ,< s b� „ „ , � ��: '� � . - o =b. , . , ��, � —� », .� — „ .� � �$ � . . �� � 360�ARS . . - . �m ! i� � . . , . ' „ . ... '�— {"�i � ,� � j��' . �� � �'�.. . N�� � < g � B.�y�• ' ` , . � . � .G F l CL' nTUN �'!� . E v A-505,7g � • . 'F w C'SUEN' �'p � 1 �.,r ^an.m � ,M1/ . ,. ���I V 1 0� ._�� . . � ... � � y � �4 � ,� � Y� E � . ' i " � Q. � I I .. . �„� i� , i �" �I Lumimire Schedule ---�I LL pty �Label �� I Lum.Lumens -� LLF I Description � Lummaire ��'� Total I [MANUFAC] �Mounting ��� � � 8 _.P1-TWIN - � 10346 �1.000 4 AREARD2A/080UNVD740(TS/BZ —� I 8a62 -�1257592 — � LEDVANCE LLC. -��Bht � Y 3 ___P2-SINGLE � 10389 _0 0 ��.AREAFLD2N080UNVD740lT3/BZ 7825 � 234J5 . LEDVANCE LLC. 32S C��� _ L � f0 'Calculation Summary ���- � �� - -�� � - �- 0 d �, Wbel -- - ' CalcTy�e Unite� Av -Max Mm ��AvglMin !MaxlMin- Grid 2 Z � �.CalcPts_1-- � Illuminance �_ � Fc __ 1.28 2.6 O5._ _ ��2.56 ��520 ��- 0 Y +-� __ - � O 2 J C L N � rn�eoo�enl con�aln�conlbenlial aM D�oprKl�ry inbrmalion�o Conn�ion.T�H c�kWtwn inbrmation a r�at�techniul suDm�uan or tec�nical reporl cM�u provitle0lor inbrmational purpo�e�onty.It u tl�e �'/ O oElqa�wn ol l�e enEuser lo coroull wR�a proleuwrul enpineerirq�rm or prohuanal Eea�pn h�m�o Eetermine xTetMr tM1ia cakula�wn�nbrma�ion meeLL Ilie apD��U�b Vrolecl requltemenla M�IipMnp ay��em LL �� �I perbrmanu,M1ek� tl n�kry, taEilM� � fl f ne��b particukraDDl[eton.FrcWverlu�oncrecommenEeewfi kuYlon�areEaseOanentiv ustomer9�ovdetl�nbrmetion. � EnOu�e�env�o t M pDlic I ( wa��o.e� �Y tetl lo.v Il�p t n anE d rl accumulaton)can cause ac�ual�eltl perbrma � E�Ikr hom��e calcula�etl p� � perbrm�nce represen�e0 in flialphtnptlesp I nlwiOC IonEvr D Dklorciryl II plromanyuceoftM1sukulatonnlormaton. . ._.__ .. .. .. ._.._ PapeMoll �G� �, � 0 j/,�II a y� �%`�. V�`llag� 6� ���� ��-� VILLAGE OF �D �-�-P1����d ` ' BUFFALO GROVE g u�`'(�"�� �L � '�� -------- -- -- --- �� — Fifty Raupp Blvd Buffalo Grove,IL 60089-2196 Phone 847-459-2500 Fax 847-459-0332 II II I I II II I II I I I I Ili I I II !I I III II � � Village Clerk ImaqelJ 062852390013 Type: ORD Recorded: 12/29/2022 at l0:00:36 AM Janet M.Sirabian Receipttl: 2022-00081783 Paqe 1 of 13 Fees: $50.00 STATE OF ILLINOIS Lake countv IL � Anthony Veqa Lake County Clerk Fi1e7951466 COUNTIES OF LAKE AND COOK ) I, JANET M. SIRABIAN, hereby certify that I am the duly elected, qualified and acting Village Clerk of the Village of Buffalo Grove, Counties of Cook and Lake, Illinois, and the keeper of its seal and records. I hereby further certify that the attached is a copy of Ordinance No. 2022-131, adopted on the S�h day of December,2022 by the Village Board of the Village of Buffalo Grove as shown by the records in my custody. IN WITNESS WHEREOF,I have hereunto set my hand and affixed the seal ofthe Village of Buffalo Grove aforesaid, at the Village, in the County and State aforesaid, this 19t" day of December, 2022. �rG`�J/GG w V1111gE ���i1C_ r,�i-�r _ . � ' , - ��� i.'lt By: Deputy �illage Cierk �� , �� - , .�-�--� �� December 5,2022 ORDINANCE NO.2022-131 AN ORDiNANCE APPROVING THE FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT APPROVED BY ORDINANCE NO.2003-10 FOR THE RIVERWALK NORTH PROPERTY 325 N RIVERWALK DRIVE,BUFFALO GROVE,ILLINOIS VILLAGE OF BUFFALO GROVE COOK AND LAKE COUNTIES,ILLINOIS WHEREAS,the Village of Buffalo Grove is a Home Rule Unit by virtue of the Illinois Constitution of 1970; and, WHEREAS,the Village entered into a Restated Annexation Agreement on February 3,2003,which was approved by Village Ordinance No. 2003-10 (hereinafter referred to as the "Restated Agreement") for the real property("Property") legally described in EXHIBIT A hereto; and, WHEREAS, Owner is the owner of a certain tract of property("Property") comprising 3.79 acres legally described and identified in the Legal Description, attached hereto as EXHIBIT A and made a part hereof, known as 325 N Riverwalk Drive; and, WHEREAS, Owner has requested approval of an amendment to the Restated Agreement to construct a 360-space off-street parking lot at 325 N Riverwalk Drive in lieu of the eight-story office building and parking structure previously approved; and, WHEREAS, proper and due notice of the public hearing on December 5, 2022 concerning said Amendment have been given and the public hearing was held; and, WHEREAS,the Village Board has determined that it is in the best interest of the Village of Buffalo Grove to approve the first amendment of the Restated Agreement. NOW,THEREFORE,BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE,COOK AND IAKE COUNTIES, ILLINOtS: Section 1. This ordinance is made pursuant to and in accordance with the Village's Zoning Ordinance, Development Ordinance,and the Village's Home Rule powers.The preceding Whereas clauses are incorporated herein. Section 2. The first amendment to the Restated Annexation Agreement, a copy of which is attached hereto and made a part hereof as EXHIBtT B, is approved. Section 3. The President and Clerk of the Village are hereby authorized to execute said Agreement on behalf of the Village of Buffalo Grove. 2 Section 4. This Ordinance shall be in full force and effect from and after its passage and approval. This Ordinance shall not be codified. AYES: 5—Stein,Weidenfeld,Johnson,Smith,Pike NAYES: 0—None ABSENT: 1—Ottenheimer PASSED: December 5,2022 APPROVED: December 5,2022 APPROVED: Beverly Sussm Village President ATTEST: � �1��.�yt -�?zZ��.�.�+A-t� �an . ira�a+an,�lillage Clerk This document was prepared by: Patrick Brankin 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 3 EXHIBIT A LeAal Description Parcel 1 LOT 4 IN RIVERWALK NORTH, BEING A RESUBDIVISION IN THE SOUTH 1/2 OF SECTION 35, TOWNSHIP 43 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN LAKE COUNTY, ILlIN01S ACCORDING TO THE PLAT THEREOF RECORDED SEPTEMBER 13,2005 AS DOCUMENT 5857621, IN LAKE COUNTY, ILLINOIS. Parcel 2 PERMANENT EASEMENT OVER PARTS OF LOT 3 AS SNOWN BY DASHED LINES ON THE PLAT OF SUBDIVISION RECORDED AS DOCUMENT 5857621 AND LABELED "ACCESS EASEMENT" FOR INGRESS, EGRESS,AND ACCESS FROM LOT 4 TO NORTH RIVERWALK DRIVE BY SUCH PROPERTY OWNERS AND THEIR BENEFICIARIES, EMPLOYEES, AGENTS,TENANTS,AGENTS,SUCCESSORS AND ASSIGNS. SUBJECT PROPERTY COMMON DESCRIPTION: 325 N Riverwalk Drive, Buffalo Grove, IL 60089 PARCEL INDEX NUMBER: 15-35-402-147 4 EXHIBIT B FIRST AMENDMENT TO TNE RESTATED ANNEXATION AGREEMENT FOR THE RIVERWALK NORTH PROPERTY 325 N RIVERWALK DRIVE,BUFFALO GROVE,ILLINOIS FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT FOR RIVERWALK NORTH PROPERTY AT 325 N RIVERWALK DRIVE VILLAGE OF BUFFALO GROVE COOK AND LAKE COUNTIES,ILLINOIS This agreement("First Amendment") is made and entered into as of this 5`h day of December 2022 by and between the Village of Buffalo Grove ("Village") by and through the President and Board of Trustees of the Village (hereinafter collectively referred to as the "Corparate Authorities") and Riverwalk North Office, LLC,("Owner"). WITNESSETH: 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, 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,the Village entered into an Annexation Agreement approved February 3, 2003 with LaSalle Bank National which was approved by Village Ordinance No. 2003-10 (hereinafter referred to as the "Restated Agreement") for the real property ("Property") legally described in EXHIBIT A hereto; and, WHEREAS, Owners are the owners of a certain tract of property ("Property") comprising 3.79 acres legally described and identified in the Legal Description, attached hereto as EXHIBIT A and made a part hereof, known as 325 N Riverwalk Drive; and, WHEREAS,Owner has requested approval of an amendment to the Restated Agreement approved by Ordinance No.2003-10 to construct a 360-space off-street parking lot as depicted in the Plan Set attached hereto as EXHIBIT B, and made a part hereof; and, WHEREAS, pursuant to the provisions of Section 5/11-15.1-1 et seq., of the Illinois Municipal Code (65 [LCS 5/1 1-15.1-1 et seq.) and as the same may have been modified by the Village's Home Rule Powers, a proposed First Amendment to the Restated Agreement was submitted to the Corporate Authorities and a public hearing was held thereon pursuant to notice as provided by Statute; and, 1 WHEREAS, the President and Board of Trustees after due and careful consideration have concluded that an amendment to the Restated Agreement ("First Amendment") would serve the best interests of the Village; and, WHEREAS, the following EXHIBITS, some of which were presented in testimony given by the Owner or the witnesses during the hearings held before the President and Board of Trustees prior to the execution of this First Amendment, are hereby incorparated by reference herein, made a part hereof and designated as shown below. EXHIBIT A Legal Description EXHIBIT B Plan Set NOW, THEREFORE, in consideration of the premises, mutual covenants and agreements herein set forth, the parties hereto agree as follows: 1. Applicable Law. This amendment is made pursuant to and in accordance with the provisions of Section 5/] 1-15.1-1 etseq.,ofthe Illinois Municipal Code(65 1LCS 5/11-15.1-1 etseq.)and as the same may have been modified by the Village's Home Rule powers. The preceding whereas clauses are hereby made a part of this Amendment. 2. Term of Agreement. That certain Restated Annexation Agreement dated February 3, 2003, approved by Ordinance No. 2003-10 is hereby amended to allow the construction of a 360-space off street parking lot on the vacant lot at 325 N Riverwalk Drive as depicted in EXHIBIT B. 3. Scope of Amendment. All references, conditions and obligations to the Property in the Restated Agreement not otherwise amended by this First Amendment shall remain in full force and effect. IN WITNESS WHEREOF, the Corporate Authorities and Owner 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. VILLAGE OF BUFF O GROVE By BEVERLY SUSS N, Village President 2 y��'a Z�� - . '_',..�...`:- .D�4 ATTES.�'•:;- ° - By_'i�'��-�.�. _ _ • �_, �.� �I�ILLAGE CL,E.RK ' -r, -�.'. �� ;� ,, ,rp,,., `j .y1 "'•...•• _ :...� y' 'i.-f ! :�:.p. . i =.:.b v 1��,e.:1�'��� ~ �.`,�Rf'r RIVERWALK NORTH OFFICE L.L.C., AN ILLINOIS LIMITED LIABILITY COMPANY BY: HP RiVERWALK NORTH OFFICE L.L.C., AN ILLINOIS LIMiTED,LiABIL1TY COMPANX ,�� , BY: !� �/'i, �. ,/";.'f,-Y ,. ti /f NAME: TIMOTHY BEECHICK TITLE: MANAGING MEMBER This document prepared by: Patrick Brankin Village of Buffalo Grove 50 Raupp Blvd. Buffalo Grove, Tllinois 60089 Mail to: Village Clerk Village of Buffalo Grove 50 Raupp Boulevard Buffalo Grove, IL 60089 3 �-i\ . EXHIBIT A FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT FOR RIVERWALK NORTH PROPERTY AT 325 N RIVERWALK DRIVE Le�al Description Parcel 1 LOT 4 IN RIVERWALK NORTH, BEING A RESUBDIVISION IN THE SOUTH 1/2 OF SECTION 35, TOWNSH[P 43 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN LAKE COUNTY, ILLINOIS ACCORDING TO THE PLAT THEREOF RECORDED SEPTEMBER 13, 2005 AS DOCUMENT 5857621, IN LAKE COLTNTY, ILLINOI S. Parcel 2 PERMANENT EASEMENT OVER PARTS OF LOT 3 AS SHOWN BY DASHED LINES ON THE PLAT OF SUBDIVISION RECORDED AS DOCUMENT 5857621 AND LABELED "ACCESS EASEMENT" FOR 1NGRESS, EGRESS, AND ACCESS FROM LOT 4 TO NORTH RIVERWALK DRNE BY SUCH PROPERTY OWNERS AND THEIR BENEFICIARIES, EMPLOYEES, AGENTS, TENANTS, AGENTS, SUCCESSORS AND ASSIGNS. SUBJECT PROPERTY COMMON DESCRIPTION: 325 N Riverwalk Drive,Buffalo Grove, IL 60089 PARCEL INDEXNUMBER: 15-35-402-147 4 EXHIBIT B FIRST AMENDMENT TO THE RESTATED ANNEXATION AGREEMENT FOR RIVERWALK NORTH PROPERTY AT 325 N RIVERWALK DRIVE Plan Set 5 % ��� ���� � ,✓ � ...� `' r' 1 � � �. +, ' � � � �yY Y ~' � . � �'°` �e�i�..' ��`� � � �� �A . � � � . S�.. r �,�:i:� ;� �, wq, �_ � �"�' ' �I ,-'"� ':�, i��� � ' a ��t�'��� - � ,� �t.. '- ���.`'� �. l� 1�`'�}�5' , . .r'°r' • / .; . � �r -_ / .. + .. .�+._. .. /'�. .�'��.�� i ' Y. � I I - _(T li � I l� � : � 1_p I I �,�. � - - - -• ? � �� __. � __ t ���� � ' �_.. '! y ' t j� • { i _1 `fi�l_ _. . ._ _��f__ �f� ;�� � _ � I � ' f � ; � I 1 ; i � + - . , i � , ,.��I i -!rt`% , � � `�,. , - _ �� , i3 h�� �w ' ' �. .+�r� �' HAMILTON PARTNERS-RIVERWALK NORTH ' - • RIVERWALK NORTH L074-PqRKING FACILITY � �� -�� ��� -- -- .,,E. ,,..� .. �"' , '', En9!/leEf7l19�LLC "'""' - .'n` CRFLIMINARY SRE VIAN . .— ...—.--.. .. '— ,, � .. _ _ , '� � .Y - - �`: � ` • A,• ,,1 � � N �'� ���- _ , �,:}�� Staah&Olin,ted Scale: 1"=30'-0" �rx " �- �-� � January 27,2022 � "-' �� �� - � � �. September 21,2022 _ I r _ \\ . � . K K K K K / K K . K I I I I I IKI I K.. ' I I `� __ \ � I . . ., . . " " _ C'.. .�H �-�. � G, �__ .... . .. � G � C � ��� .�t^L,,� .. `k�.. ' � — 4-�f 1 , . I -�- . ��� , `- "� . . � ����,. H, . ��. .E /E .E�. E . E� ..�E .E�.. , ,E , E, .. ,.E E A. � �� �� .� — — — — — — — — , �R� - �� , .� sn.a�.«� i � ,v,.x��g�o� �. � \ .� F� . �.i.om J�:.� �� �] / A \� ���iM� . v wndevwm �,M� ��� merme:� `�� -�+ D L I a ��i � ��(�]I � �--� '� _ .*I(� / -4 -k �F� F / F �F �-�: .F; V/ �� � A � -�- � ' ��- �� ' t;� �� ..� tor a �� �� �^+w x•p�� � �360 CARS ��j � � g � pbe�m I.�.��.,\ � 1 � `� � " �� VLANT LIST . I. ��� �1 � �•� I ��«ro�x<o��.m«,a. �� ��� \ Wry .nn.. �p.a ...,. va.+ry anmon u�r sy"'ew .� � �:der�i�.yireesabny . . - } VewBkePatM1atio� . �. � aI' . . .. !�. � . ., i. p �er , . � q � E... �E. �E m,_.�.,,- �„ .,...�,,, �,,.�.,�aM,.�..r .,. . r ,+. �� (�. .E_ � � wao. �� .�-<<,.�. _ . � e ��. ,�.y.v1' E I .� I ,. �.. , � ox��T�— —++-1,y�9'� �a,.,,�,.. �E ,,—!� ..,��a. , , s � `i � �.,< � , ,P o.,,,,. �,.;r„��.�.oP�� e � i '� (/ .,. i� o M.� � � �~��,,�� � ..B ��,,, �u�.. ���� �`�'�► \ 1 rE.�.FE,,.E� � � , . � ` - v�«a nu�, ,,,.�r .r a; , y_Y �� ,. n.N ,� o�..� ��,c . ,..,.�,. � . . � A r � ��., . '•;�'� . ._� .�.w:.�'ri+F e- � •S¢es,Vane4es and Quantltles may vary due to availabiliry at Hme ot cons[rucrion �Z(���r V��� - .�B� ��' �;� � - � �/� �p, !1f_;�C, .. n �\� �Y A Conceptudl landscdpe Pldn for..... , Riverwalk North Lot 4 -Pro�ose� Parking Facility � � HAMILTON A Hamilton Pdrtners Property PARTNERS 1 0 t 3 0 � �3 '3 m^ I ����� I ��33� �I _-_ �T i _ o� I"mI �;31 j - � ,����, , � 3 d I I _ � � S N � '- s ti l I'� o iNl� �� �� ,� I ��a3'= v�.��l �a � � i�. �xe_ Z � I� __ m �m mlZ _ * n ro i� � �,��� � � � .�;:�,d , � — i � o , a fa e �5 -_ g`3;'3a � Ic. ,,o�o c�� , `\ -':-3' . �- I - �a3 � � ��.3 mal.. 3I aFm I I I I�� C .. ._.._ . _..� I _'-S3? . I�i� 3 � . � - . . .T _ , -- , � g�� � . � I �, . . .. . a._d � , �- I � 1, _ '.E a- �I � _I � �y�9� \. . `, j� . . . -� , . -`� _^ ��.. �� � . , ,` �,, --tr �I �.- , —. >3F3 -If)I O�I T� 'i Y ���� . , �0 1 �'�. -� , ,��b; I I�00 I ;rn _ F� _- ...'��1 L' ., -. '� 3' . II3" ... , � �" � - .x . �r . . . . ��`m dL�p I I�n}I' pI "' � r i.�., . . } �� . _ I _(',3i nOl :O.ZII w ��_ . _ _ . ., . .� e _ '� ., � �I — �I�I �. :I � B 3 a I I ''� 9I 1 �� -� I 3 4 � I o o , �__+__ � f I I I � ��� I .� � �� _ I � -:�a o'ol � � � , I,-t-�-�--r- � � . . � I � J i �� � ^s` "' I ��I � a � i i . c o�'� �.;i z,z I � � # , . a� 4__ _ �- - — I ';s « : . � . 0 0l � I - I °��a �,D. I o o � I . J 1 , , . .G ' {-, Y -�� �. < I t� _ mlpl I l -�Q � o w d� I fD WI � �I .. O ��� {I� y��i j ��5` 1 }II 1 . I n'3. INN' � � � � <d � I � � ' � I I�I�y� J ��� � A �- �a� �I; � � � _ ± N : : ; - O . � _- -- I K, . `I - J— � ���� � ; � . I s'"a• - k i , + F -�— I - � a - _ f^ =3= IVV r ' o.3 q O 3 I m m Y C ',. " .. ' . . .._ , . _� I i�b��3 1 � . N] (nlJlw�I . , . � ��I -I � 1 �� I` �lE :j t t t �' I . .-. � � �� - _ - , .. . � e e . c ._ : _ . � , e � � � � . . _ � � I a r 'NID` ' � �3- r ' _ . _— im�� I Nlf; �j� � I ! 9 r p � I '� � irt�: + ' _ i d� � , . . . � . .;, �v�m I � � .� (. .�. . i -��b�'- a • -�—' -��a . .- I — ^' �. - ' �'� =�" t I =1 1 =1- � ¢ � ' . lN� i , �>e � . . . . ; . . � j i ol� _�: . —. 3 . , . . e . . . . . . . . . . . . ' mm�� 3. � . K . . . , k ' — � _ �' D I . � . , . . , �` 00 I I��I Z . . . . . _ , . . . �. . . . _ . . .. . _ I , c - .. . . __ ' _ ._ __ . 1 . '�D'D�� . _ . . . �7 Inln D �, � - ��. - . ._ ... . 'a+«�n28 _. _ a ��.m m � � - - .v —� w...�.�r `-' £l'L�g � N � Inn, I I ru���� 4,��yB'�. �I � � t`" I n"i�.nG'i�A o ��I��� i I s o� I ' ILL�_� ; j �Riverwalk North °�^B�r°^�"°�^° • a� �m�� - - MckM By CX/GPLICATIONS � . � North Lot 4 Parking Facility °'��0zz u NTS