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1963-12-03 - Village Board Regular Meeting - Minutes ADJOURNED PUBLIC HEARING HELD PURSUANT TO STATUTE AT THE LOUISA MAY ALCOTT PUBLIC SCHOOL IN BUFFALO GROVE, ILLINOIS, ON DECEMBER 3, 1963 Hearing was called to order at approximately 7 :35 P.M. THOSE PRESENT: Village of Buffalo Grove - President Farrington, Trustee Rueckel, Trustee Marsh, Trustee Weiskopf Trustees Huxhold and Frank arrived later Mr . R. Raysa, Village Attorney Mr . J. Siegal, Attorney representing petitioners Mr . E . Smith, representing contract purchasers President Farrington reviewed the points discussed at the previous hearing. The seven acre park site abutting the present park will be deeded over to the Village at the time of acquisition. 11. Glen Grove agrees to reserve the 22 acre Civic Center site for a period of five years at a price not to exceed $5, 000 an acre . 12. The addition of the words "of each individual unit" after "Upon completion" on page five, paragraph six, last sentence, was agreed to. 13 . They agree to accept the building code that is to be adopted. 14. That portion of Checker Road which lies within their property lines and are of development will be improved according to Ordinance . 15 . Screen planting (not a fence) as recommended by the Plan Commission was agreed to. The Plan Commission' s recommendation of re-alignment of two streets was also agreed to. 16. They agree to a 25% increase in Building Permit Fees. 17. Discussion followed on methods of 'guarantee ' that a golf course will be built. Final agreement was - If the golf course is not substantially completed within a 5 year period, the land will revert to the Village, the Village must within a 3 year period have substantially completed improvements for other public recreational use of the land will revert back to the developer . It will be zoned special use - golf course . 18. Mr. Siegal will provide a sample letter of credit. 19. In the event a municipal utility is established and the building does not progress at a rate sufficient to provide revenue to retire the bond issue, Mr . Siegal stated they would agree to defer any payment until such time as the system would support the bond issue . 20. Discussion on density of apartment buildings wes deferred until it is reviewed with the Plan Commission. Discussion was had on underground utility lines. Mr. Smith stated he would prefer underground lines if it could be worked out but he did not want to be in a position where he had no place to bargain. Trustee Frank stated Public Service should be contacted to see if they would go "underground" in the Village. Consolidation of park, fire and other districts within the Village was discussed. Mr . Siegal stated they would agree to execute the necessary requests for disconnection and annexation. Trustee Huxhold moved the hearing adjourn. Trustee Weiskopf seconded the motion and it was unanimously carried. Respectfully submitted, Village C rk