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1978-08-07 - Resolution 1978-32- Approving /conveyance of Real Property to Buffalo Grove Park District (Highlands South Central Park) *4104 RESOLUTION NO. 78- 32 A RESOLUTION APPROVING CONVEYANCE OF REAL PROPERTY TO BUFFALO GROVE PARK DISTRICT (Highlands South Central Park) WHEREAS, the Village of Buffalo G ove is the owner of a certain parcel of real property described herein, and; WHEREAS, the Village has no immediate use for said real property, and; WHEREAS, the corporate authorities deem it to be in the public in- terest to have said property be put to public use by deeding same to the Buffalo Grove Park District, with the reservation that if said real property ceases to be used for park and/or recreational purposes , then said real property will revert to the Village, and; WHEREAS, the transferee municipality has by ordinance declared that it is necessary or convenient for it to use, occupy or improve said real estate. It is hereby resolved by the President and Board of Trustees of the Village of Buffalo Grove, Cook and Lake Counties, Illinois ; SECTION 1. Pursuant to the authority granted to Municipalities in Chapter 30, Sections 156 to 158(a) of the Illinois Revised Statutes , the President and Clerk of the Village of Buffalo Grove are hereby authorized and directed to execute a Warranty Deed to the Buffalo Grove Park District, a copy of which deed is attached hereto as Exhibit "A" , covering the following legally described real property; SEE ATTACHED DESCRIPTION SECTION 2. The deed shall contain the following Reverter Clause : "In the event the said real estate is not used by the Grantee for park and/or recreational purposes for a period in excess of six months, title and possession shall revert to the Grantor. " -2- SECTION 3. The deed shall contain the following: Subject to: 1. Covenants and conditions and restrictions of record 2. Real estate taxes for years 1977 and subsequent years 3. Village of Buffalo Grove retains exclusive approval au- thority as to site improvements . SECTION 4. This Resolution shall be in full force and effect from and after its passage and approval according to the law. This Resolu- tion shall be passed by a vote of 2/3rds of the members of the legis- lative body. 6- Rech, Bogart, Marienthal , Alms : Stone, Mendenhall , NAYES• 0 - None ABSENT: 0 - None Kandel PASSED and APPROVED this 7th day of August ,1978. APPROVED: PRESIDE ATTEST: LLAGE CLERK • 26.1 • • EXHIBIT A • • • Outlot A in Block 16, Highland Point Unit No. 6, being a Subdivision of part of the North 1/2 of Section 33, Township 43 North, Range 11 East-of the Third Principal Meridian, in the Village of Buffalo Grove, Lake County, • Illinois, according to a Plat recorded in the• office of the Lake County, Illinois Recorder on April 6, 1978, as Document No. 1908343, as corrected by a Certificate of Correction recorded in the office of the Lake County, Illinois Recorder on July 18, 1978 as Document No. 1932053. a•Subdivision_of-°part= of=the North half of-Section`33-,• - _ Township 43 North, Range 11 East of the -Third Principal" Meridian according to the plat thereof recorded April 7, - 1978 as Document No. 1908909, in the Village of Buffalo Grove, Lake_County, Illinois. '� - GEORGE E.COLE* NO.801 t1 n ) eyeAZ I•••? 1;.;, LEGAL PAS r,-t.A 2"•-•-d� .+F &eptsmbar, 1975 ` / WARRANTY DEED Y • Statutory Ou1NOIS) (Corporation to Corporation) (The Above Space For Recorder's Use Only) i THEGRANTOR VILLAGE OF BUFFALO GFOVE (Cook and Lake Counties, Ill.) tod m ,municipal tM a orporation created and existing under and by virtue of the laws of the State of ILLINOIS and duly authorized to transact business in i Stat ILLINOIS forand m of TEN DOLLARS and l o/iOO ('IC1.OU) and other ood dtn consideration m valuable consideration g DOLLARS, co • m ' in hand paid, and pursuant to authority given by the Board of TRUSTEES of said corporation CONVEYS and WARRANTS to BUFFALO GROVE PARK DISTRICT rt. 0n ,municipal n a(:orporation organized and existing under and by virt le of the laws of the State of ILLINOIS 17, I. having its principal office at the following address_ .. Pt I ,the following described Real Estate situated in the County of °O rt( LAKE and State of Illinois, to wit: ra ' pi 1 n rt 4 SEE ATTACHED DESCRIPTION •• E r Subject to: 1) Covenants, conditions and restrictions of record 2) = n e Real estate taxes for years 1976 and subsequent years 3) Village of a r Buffalo Grove retains exclusive approval authority as to site improve • mental y 0 F t rt/0 REVERTER: In the event said real estate is not used by the Grantee m FI • or parck and/or recreational purposes for a period in excess of six months, title and possession shall revert to Grantor. a 0 iA In Witness Whereof,said Grantor has caused its corporate seal to be hereto affixed,and has caused its name a to be signed to thesepresents byits 9 I Clerk Presidgr�,and attested by its o h (c Nli9,this 7th _day of August ,19/o. a VILLAGEE OF BUFFALO GROVE (Cook & Lake Counties,Ill) w IMPRESS /p/�, �, (NAA�fq,OF PO ATION) CORPORATE SEAL BY /t/• LC�i l/� t///��_ `—'I�'J HERE PRESIDENT ATTEST: `�� r✓ G/� • Village Clerk COOK �/ i State of Illinois,County of ss. I,the undersign�ed,a Notary Public,in and for the • • County and State aforesaid,DO HEREBY CERTIFY,that EDWARD FAB ISH personally known to me to be the President of the Village of Buffalo Grove, Cook and Lake Counties. I11. a municipal corporation,and VERNA CLAYTON personally known tome to be the Clerk 7g4, of said corporation, and personally known to me to be the same persons'.vhose names are subscribed to the foregoing instru- IMPRESS ment,appeared before me this day in person and severally acknowledged that as NOTARIAL SEAL such President and Clerk 7 , they signed ' . HERE and delivered the said instrument as President and Clerk •. SeltdalblE9cof said corporation,and caused the corporate seal of said corporation { to be affixed thereto,pursuant to authority,given by the Board of Trustees - of said corporation as their free and voluntary act,and as the free and voluntary act and deed of said corporation, for the uses and purposes therein set forth. Given under my hand and official seal,this 9 /� day off aurd- 19Z,' Commission expires 5 rlt 77/YA i Ic - 19715 C? . "/-71i. ,d A,,, • NOTARY PUBLIC . This instrument was prepared by William G. Raysa,1011 Lake Street, ak Park,IL. (NAME AND ADDRESS) Grantors Address: 51 N. Raupp Boulevard, Bu a o Grove, I no s •ts•s 8 ADDRESS OF PROPERTY: C 3 m (Name) ..) MAIL TO: THE ABOVE ADDRESS IS FOR STATISTICAL PURPOSES C IAOMessl ONLY AND IS NOT A PART OF THIS DEED. 3 SEND SUBSEQUENT TAX BILLS TO: D (City.State and Zip) ?0 (Name) OR RECORDERS OFFICE BOX NO. (Address) WARRANTY DEED Corporation to Corporation TO - ,I' i n GEORGE E.COLE* LEGAL FORMS • t _ • •