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2024-10-21 - Ordinance 2024-094 - AUTHORIZING AN AMENDMENT TO A DEVELOPMENT IMPROVEMENT AGREEMENT WITH THE BUFFALO GROVE PARK DISTRICT FOR MIKE RYLKO COMMUNITY PARK � �� �i_ ORDINANCE 2024-094 BUFFAL�J AN ORDINANCE AUTHORIZING AN V� AMENDMENT TO A DEVELOPMENT �� IMPROVEMENT AGREEMENT WITH THE BUFFALO GROVE PARK DISTRICT FOR MIKE RYLKO COMMUNITY PARK WHEREAS the Village of Buffalo Grove is a home rule unit pursuant to the Illinois Constitution of 1970; and WHEREAS the Village seeks to approve an amendment to a Development Improvement Agreement with the Buffalo Grove Park District for Mike Rylko Community Park. 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 recitals are hereby adopted and incorporated and made a part of this Ordinance as if fully set forth herein. SECTION 2. The Village President is authorized to execute an amendment to a Development Improvement Agreement with the Buffalo Grove Park District for Mike Rylko Community Park to include Phase 2 of construction exhibits and extend the completion timeline for 24 months after the approval of this ordinance, all other terms of the agreement are in full force and effect, a copy of said amendment is attached hereto, pending attorney review. 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: 6-Johnson. Cesario, Ottenheimer Stein Bocek Weidenfeld NAYES: 0- None ABSENT: 0- None PASSED: October 21. 2024 APPROVED: October 21. 2024 PUBLISHED: October 22. 2024 Page 1 of 2 smart.with heart. 50 Raupp Blvd, Buffalo Grove, IL 60089 \ 847-459-2500/ vbg.org ATTEST: APPROVED: " � �`�� ,���.�,�- Jan i. Sirabian,Village Clerk Eric N. S � Village President - � _..._�- � - ^ : Page 2 of 2 smart.with heart. 50 Raupp Blvd, Buffalo Grove, IL 60089 \ 847-459-2500�' vbg.org