1986-07-07 - Resolution 1986-44 - APPROVING AN AGREEMENT FOR THE MAINTENANCE AND OPERATION OF A TRAFFIC SIGNAL AT HIGH POINT PLAZARESoLUTIoN N0. 85- 44
A RESOLUTION APPROVING AN AGREEMENT FOR
TEE MAIMENANCE AND OPERATION OF A
TRATTIC SIGNAI AT HI6E POINT PI,AZA
WHEREAS, the Presldent and Board of Truatees of the Vlllage of
Buffalo Grove deslre to cause the lDstallation, malntenance and operatlon
of a trafflc slgnal at the entrance to the Hlgh Polnt Plaza ShoPPlng Center;
and ,
WIIEREAS, the approval of agreement t,lth the orner of the Ulgh Polnt
Shopplng Center ls requlred.
N0I{, TBEREFORE, BE IT RESOLVED by the Presldent and Board of
Trustees of the Vtllage of BuffaLo Grove, Lake and Cook Countles, I111no18,
that the Presldent and Clerk be, and they are hereby authorlzed and
dlrected to execute the fAgreement for the ConstructLon, MaLntenance and
Operatlon of a Trafflc Slgnal at the I111no16 Route 83 entrance to ELgh Polnt
PLazart. A copy of sald agreement ls attached hereto and made a part
thereof .
AyES: 4 - Marienthal, Glover, Reid, Shields
11ggg; 0 - None
ABSENT: 2 - 0'Rei11y' Shlelds
PASSED: JulY 7 1986
1985A?pROVED: July 7
APPROVED :
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?460007
Vlllage Presldent
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AN AGREEMENT FOR TIIE CONSTRUCTION
},IAINTENANC E AND OPERATION OF
A TRATFIC SIGNAI.
AT THE
ILLINOIS ROUTE 83 ENTRANCE
TO IIIE IIIGII POINT PLAZA
Inas Agreenent is made and entered into this gJO //
, 1985, by and betlreen the Vlllage of Buffalo
anI lnols Corporation (herelnafter called the rrvlllager),
day of
Grove ,
LaSalle
ca11edHIT:r#t^ril,, ]"""t""
under rrust No' tro3our(hettLnarter
h'HEREAS Hlgh Point Plaza has trafflc access to Illinois Route 83;
and
WXEREAS, pursuant to The Development IEproveEent Agreement for Eigh
Polnt Plaza, approved by the Vlllage on March 3, f986, Illgh polnt plaza
ls obllgated to nodify the traffic slgnal at the Illlnols Route g3
entrance to Elgh Polnt Plaza; and
WEEREAS, Hlghpolnt Plaza, has obtalned a peruit from
DepartEent of Transportatlon and gecured a contractor for
constructlon;
the
the
Illinols
requLred
NOW, TIIEREFoRE, ln consideratlon of the foregolng, and the mutual
covenants herelnafter contained, the parties hereto agree as follows:
2460007J
!I1!E!.gEr!
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1. High Point Plaza ls owner of certain property located at thenortheast corner of Lake-Cook Road and Illinois Route 83Iegally described as Lot I in the Htgh polnt plaza
Subdlvision, a subdlvisLon of Sectlon 33, Tovnshlp 43 North,
Range 1l East of the Thlrd Prlnclpal l-Ierldan, as recordedMarch 14, I986 as Docuuent No. 2426490 in Lake CountyI11lnois.
4. Elgh Polnt Plaza shal1 reimburse the Village quarterly for
twenty flve percent (252) of the cost of maintalning and
operatlng the Trafflc Slgnal, no larer thaa rhlrty (30) days
following the date of the VllLagers lnvolce to Hlgh point plaza,
which involce sha11 be ln accordance with prevalllng IDOTtraffic slgnal maintenance charges.
5. lllgh Polnt Plaza hereby agrees to lndemnify and hold theVl1lage harnless frorn and agalnst any and all loss,liabiltty, danages, clalus, costs and expenses, lncluding
attorneysr fees, that may result from clalns by persons notparties to thls agreement with respect to lnjuries to
persons, property or contractual interests (lncludlng llensor clalns for llen) arlsing fron Itigh Polnt Plaza, s
nodlflcatlon of the Trafftc Slgnal.
6. Upon modification of the Trafflc Signal ln accordance
with the Plans and upon approval- by the Vtllage EngLneer and
the lllinols DepartEent of Transportation, the Vlllage shal1
own the Trafflc Slgnal and shalI be responsLble for
nalntalnlng and operatlng the Traffic SignaL, except that
Developer shall relnburse the Village for a portion of its
expenses, as outlined ln Paragraph 3 above.
7. The rights, beneflts, duties and obligatlons contained
hereln aad the provislons hereof shall be a covenant runnlng
nlth the land wlth respect to the propertles herelnbefore
descrlbed and shall be blnding upon and inure to the benefit
of Village and High Polnt Plaza or successors, helrs, personal
representatlves and asslgns. ,tl
2460007
2. High Polnt Plaza has prepared, all plans and speciflcatlons(collectlvely the "Trafflc Signat") requlred ln connectlonrrith the modificatLon of the Traffic SlgDaI. It is agreedthat such Plans are 1n courpliance lrlth applicable Village
ordinances and have heretofore been approved by the Illinols
Department of Transportatlon.
3. Hlgh Point Plaza shall assure that the constructlon andlnstallatlon of the Traffic SLgnal shall conply with alllaws, ordlnances, rules and regulatlons or goverrmentalauthorLties and publlc utilitles having jurlsdlctLon orauthority thereover.
7. This agreeaent shall be binding upon and sha1l inure to the benefitof the parties hereto and their successors and assigns.
IN ITITNESS WHEREor, the partles hereto have caused thLs Agreement
to be executed by thelr authorlzed offices upon the day and year first
above wrltten.
VILLAGE OF BUFFAIO GROVE
STATE OF ILLINOIS
ACTING BY AND fiIROUGH ITS
VILLAGE BOARD OF TRUSTEES
di",-,By
erk Village Presldent
LASAILE NATIONAT
TRUSTEE IIMER
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(I{IGII NT
N0. 110308
8rd not indivi0ually
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'By
ISTANT SDCRETARY Tirl
AI1T VICE PRES'DEI{T
[hls lDstruEent le erecuteti by L,aSI.LLB NATIoNAI 3A1{tr of pergonally
but so161y aB Tlustoe. as aforesald, ln the exerclse of the poYer aDd
sutbollty oonfslred upon end vestod ln 1t as suoh Trustee. All th€
totl!8. Drovl81on8, EtlDulatlons, covenants and oondltlons to be perfc::nei
by hllluI I IIoNAI B.U{tr Bre und.srt&ken by 1t 6o1e1y aB Trusteer eE
aforr!114, rnal not lhdr',ldually axd all Bta,tonenta hereln nade ars
mado oo lDlomrtlon enL-oallef cnd are to b6 oonstn.ed accordLngly'
end Do DcrSonal llablllty Bhrll be asssrtgd or be snfoloseble agauat
LaSIIJI tllIoMI Blltt by r:.r!on of.ny of tbo toroa, Provlslong,
attDuLtlsr r ooyurnt! ura/or strtoioDts ooatslDoal ln tble b8tnl8eut.
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2460007
ATTEST
AS
STATE OE II,LINOIS
COUNTIES OF COOK & LAKE
2t6000._
RECORDER
LAXE C(,IUNI Y, ILLINOIS
1986 JUL t4 At{ t& 0 t
-l-a--.AOi)p-r.a.,
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I, JANET l.I. SIRABIAN, hereby certify thar I am the
duly elected, quallfled and acting VILLAGE CLERK of the Vlllage
of Buffalo Grove, Countles of Cook and Lake, I11inois, and the
keeper of 1ts seal and records.
I hereby further certlfy rhaE the attached is the origlnal
of Resolution no. ?l -r4 adopted on the
L9-(L-, by the village Board of the Vlllage of Buffalo
by the records ln my custody.
IN WITNESS IIHERXOI', I have hereunto set By hand
affixed the seal of the VilJ-age of Buffalo Grove afores
at said Vl11age, io the County and State aforesaid, thi
of o.^.0^, D trZ, .
U
vi.11 e Clerk
It/.,day of O../,-
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and
ald,
' ,/o* a"y
DepuEy
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By