2025-06-16 - Ordinance 2025-074 - AUTHORIZING A DEVELOPMENT IMPROVEMENT AGREEMENT WITH IMKD 5, LLC FOR THE FIRST WATCH RESTAURANT DEVELOPMENT,
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ATTEST
BUFFAI.O
GRPVE
oRDtNANCE 202s-O74
AN ORDINANCE AUTHORIZ!NG A
DEVELOPMENT IMPROVEMENT AGREEMENT
WITH IMKD 5, LLC FOR THE F]RST WATCH
RESTAURANT DEVELOPMENT
WHEREAS the Village of Buffalo Crove is a home rule unit pursuant to the lllinois
Constitution of 197O; and
WHEREAS the Village seeks to enter into a Development lmprovement
Agreement (DlA) with IMKD 5, LLC ("Developer") for site improvements associatedwith the First Watch Restaurant Development.
Now THEREFoRE BE lr oRDAINED by the president and Board of rrustees of the
Village of Butralo Crove, Cook and Lake Counties, lllinois, as follows:
sEcrlgN l. The foregoing recitals are hereby adopted and incorporated and made apart of this Ordinance as if fully set forth herein.
SEqTPN 2, The Development tmprovement Agreement is approved subject to
review and approval by the Village Attorney and Village Engineer.
SE oN3 . lf any section, paragraph, clause or provision of this Ordinance shall be
held invalid, the invalidity thereof shall not affect any other provision of this
Ord inance.
sEcrloN 4. This ordinance shall be in full force and effect from and after its passage
and approval and shall not be codified.
6-Jo nson. Richar ds. Cesario.Otten heimer.Bocek. Wei enfeld
O - None
O - None
June .16. 2O25
Ju ne ]6. 2025
t8 20
APPROVED:
ric Nlan,J rabian, \/illage Clerk
Page t of t
mt age reSt
AYES:
NAYES:
ABSENT:
PASSED:
APPROVED:
PUBLISHED:
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Crove, lL 60089 \ t ,