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1970-01-12 - Resolution 1970-02 - Execute and deliver a quit claim deed for land given to school dist 96 RESOLUTION #R-70-2 WHEREAS, the Village did heretofore convey the land hereinafter described to The County Board of School Trustees of Lake County for the use and benefit of the Community Consolidated School District Number 96, Lake County, Illinois, and WHEREAS, said deed contains a reverter clause, and WHEREAS, said Grantee does not have adequate funds to build a school and did convey said land to the State of Illinois and the State will build a school building on said site and lease the land and building back to the School District at $1.00 a year, and WHEREAS, the Illinois Statute (Chapter 122, Article 35) pro- vides that any parcel upon which the State erects a building shall be free of such reverter clauses, BE IT RESOLVED that the Village by its President and Clerk execute and deliver to the State of Illinois a quit claim deed conveying the following described property to the State of Illinois free of any reverter clause: Lot No. 65 in Block 10 in Strathmore in Buffalo Grove, Unit No. 9, being a subdivision of parts of Sections 29 and 32 , Township 43 North, Range 11 East of the Third Principal Meridian, according to the plat thereof, re- corded March 18, 1969 as Document No. 1414386 in Lake Cou nty, Illinois, except that part lying Westerly, Northerly and Southerly of the following described line: Beginning at a point in the Northerly line of said Lot 65 which is 240.08 feet Westerly of the Northeast corner thereof; thence Southerly, at right angles to said Northerly lot line, a distance of 130.00 feet; thence Westerly, at right angles to the last described course, a distance of 54. 92 feet; thence Southerly, at right angles to the last described course, a distance of 135.00 feet; thence EasteAr, at right angles to the last described course, a distance of 132.80 feet; thence Southerly, at right angles to the last described course, a distance of 315.00 feet; thence Easterly, along a line which makes an angle to the left of 87°35 '43" with the last described course extended, a dis- tance of 248. 57 feet to the Southeast corner of the afore- mentioned Lot 65. Containing 130, 674 square feet or 2. 999 . acres. PASSED and APPROVED this 12th day of January, 1970. - 2 -