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O-22-03 03/24/0311 11 Eugene "Gene" Moore Fee: $90.50 Cook County Recorder of Deeds Date: 04/24/2003 12:41 PM Pg: 1 of 34 ORDINANCE NO. 0 -22 -03 AN ORDINANCE AUTHORIZING THE EXECUTION OF AN AMENDED AND RESTATED ANNEXATION AGREEMENT FOR APPROXIMATELY SEVENTY -SIX (76) ACRES, GENERALLY LOCATED IN THE NORTHEAST CORNER OF 127TH STREET AND SMITH ROAD EXTENDED, IN LEMONT, ILLINOIS (Briarcliffe Subdivision) ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT THIS 24TH DAY OF MARCH, 2003. Published in pamphlet form by authority of the President and Board of Trustees of the Village of Lemont, Cook, DuPage, and Will Counties, Illinois this 24th day of March, 2003. ORDINANCE NO. r c —03 AN ORDINANCE AUTHORIZING THE EXECUTION OF AN AMENDED AND RESTATED ANNEXATION AGREEMENT FOR APPROXIMATELY SEVENTY -SIX (76) ACRES, GENERALLY LOCATED IN THE NORTHEAST CORNER OF 127TH STREET AND SMITH ROAD EXTENDED, IN LEMONT, ILLINOIS (Briarcliffe Subdivision) WHEREAS, the Owners of Record and Contract Purchasers have filed the necessary Petitions for Annexation and Amendment to an existing Annexation Agreement and are ready, willing and able to enter into said Agreement and modification of an existing Annexation Agreement and to perform all the obligations that may be required therein; and WHEREAS, a copy of the Amended and Restated Annexation Agreement has been attached hereto and included herein; and WHEREAS, the statutory procedures provided for in the Illinois Municipal Code for the execution of said Agreement have been fully complied with. NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Lemont, Counties of Cook, DuPage and Will, State of Illinois, as follows: Section 1. That the President be and is hereby authorized and directed, and the Village Clerk is directed to attest to a document known as the "Briarcliffe Amended and Restated Annexation Agreement" dated the 24tH of March, 2003, a copy of which is attached hereto and made a part hereof. Section 2. That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form as provided by law. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DU PAGE, ILLINOIS, on this 24th day of March, 2003 John Benik Debby Blatzer Peter Coules Connie Markiewicz Steven Rosendahl Jeanette Virgilio Attest: AYES NAYS ABSENT ABSTAIN ,1 J Approved by me this al' day of M"'I'' , 2003. JOHN ,A ZZA, Village 'resyde CHARLENE M. SMOLLEN, Village Clerk Approved as to Form by JOHN P. ANTONOPOULOS, Village Attorney H:\ORDINANC \LYNN'S \2003ORDS \BriardifeR d Annexation Agreement.rpd. AMENDED AND RESTATED ANNEXATION AGREEMENT Briarcliffe Estates — McNaughton Development, Inc. ARTICLE TITLE I Annexation II Zoning and Restated Annexation Agreement III Zoning and Land Use Restrictions IV Final Plat Approval V Required Public Improvements VI Dedication and Construction of Streets; Sidewalks; Miscellaneous VII Easements and Utilities VIII Notification Requirements IX Contributions and Annexation Fee X Modification of "Utility and Annexation and Participation Agreement" XI Development Codes and Ordinances and General Matters XII Development Standards XIII Model Homes XIV Subdivision Entrance Sign XV Approval of Plans XVI Notice of Violations XVII Maintenance Guarantee XVIII Damage to Public Improvements XIX Binding Effect and Term and Covenants Running with the Land XX Notices XXI Certificate of Occupancy XXII Reimbursement of Village for Legal and Other Fees and Expenses XXIII Warranties and Representations XXIV Continuity of Obligations XXV No Waiver or Relinquishment of Right to Enforce Agreement XXVI Village Approval or Direction XXVII Singular and Plural XXVIII Section Heading and Subheadings XXIX Recording XXX Authorization to Execute XXXI Amendment XXXII Counterparts XXVIII Curing Default XXXIV Conflict between the Test and Exhibits XXXV Severability EXHIBIT TITLE A Legal Description of Subject Properties B Plat of Annexation of Subject Property C Preliminary Plat of Subdivision D Preliminary Engineering Plan E Preliminary Tree Preservation Plan and Data Sheet F Preliminary Landscaping Plan G Side Yard Setback Matrix H Briarcliffe Estates Subdivision Declarations of Covenants, Conditions and Restrictions ANNEXATION AGREEMENT THIS AGREEMENT, made and entered into this 24th day of March, 2003, between the VILLAGE OF LEMONT, a Municipal Corporation of the Counties of Cook, DuPage and Will, in the State of Illinois (hereinafter collectively referred to as "VILLAGE ") and Deborah Hill, Susan Hill, and Dr. David Nyberg, being the owners of approximately two (2) acres which are not currently annexed to the VILLAGE but which are contiguous, and Marquette National Bank, as Trustee under Trust Agreement dated February 27, 1992 and known as Trustee Number 92 -2 -5, owners of approximately seventy -four (74) acres which are currently annexed into the VILLAGE OF LEMONT, (hereinafter referred to as "OWNERS ") and McNaughton Development, Inc., an Illinois Corporation (hereinafter referred to as ( "DEVELOPER "). WHEREAS, OWNER of the real estate referred to in the TERRITORY, the legal descriptions of which is attached hereto as Exhibit "A ", was previously annexed pursuant to an Annexation Agreement dated June 10, 1996 as Ordinance No. 987 and recorded as Document No. 97730723 with the Cook County Recorder of Deeds, and the property owned by Deborah Hill, Susan Hill and Dr. David Nyberg legally described in Exhibit "A ", collectively shall be referred to as "TERRITORY"; and, WHEREAS, part of the TERRITORY consisting of two (2) acres owned by Deborah Hill, Susan Hill and Dr. David Nyberg constitutes an area that is contiguous to and may be annexed to the VILLAGE, as provided under the Illinois Municipal Code, 65 ILCS 5/7 -1 -1, et. seq.; and, WHEREAS, the DEVELOPER of the existing parcel currently owned by Marquette National Bank as Trustee under Trust Agreement dated February 27, 1992 and known as Trustee Number 92 -2 -5, is desirous of Amending and Restating the previous Annexation Agreement dated June 10, 1996 as Ordinance No. 987 and recorded as Document No. 97730723 with the Cook County Recorder of Deeds; and, WHEREAS, the OWNERS/DEVELOPER and VILLAGE agree that they will be bound by the terms of this Amended Annexation Agreement; and, WHEREAS, the VILLAGE would extend its zoning, building, health and other municipal regulations and ordinances over the TERRITORY, thereby protecting the VILLAGE from possible undesirable or inharmonious use and development of unincorporated areas surrounding the VILLAGE; and, WHEREAS, the new boundaries of the VILLAGE, resulting from this Annexation shall extend to the far side of every highway and shall include all of every highway not already annexed; and, 4 WHEREAS, the parties desire, pursuant to Chapter 65, Article 5, Section 11 -15.1 of the Illinois Municipal Code, to enter into an Agreement with respect to Annexation of the TERRITORY and various other matters; and, WHEREAS, pursuant to the provisions of the Statute, the corporate authority of said VILLAGE has duly fixed a time for and held a hearing upon the Amended Annexation Agreement and has given notice of said hearing; and, WHEREAS, the corporate authority of the VILLAGE has considered the Annexation of the TERRITORY described in the Petition and has determined that the best interest of the VILLAGE will be met if the TERRITORY is annexed to the VILLAGE and developed in accordance with the provisions of the Agreement. NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants hereinafter contained, the parties agree as follows: 5 I ANNEXATION 1. Subject to the provisions of Chapter 65, Article 5 Section 7 of the Illinois Municipal Code, the parties hereto respectively agree to do all things necessary or appropriate to cause the TERRITORY to be validly annexed to the VILLAGE as promptly as possible after the execution of this Agreement. Notwithstanding anything contained to the contrary in this Agreement, the parties hereto further acknowledge that upon annexation, the OWNERS shall not have any obligations or liabilities under this Agreement, all undertakings hereunder being undertakings and obligations solely of - DEVELOPER. 2. The Plat of Annexation of said TERRITORY is attached hereto as Exhibit "B ". Said Plat extends the new boundaries of the VILLAGE to the far side of any adjacent highway not already annexed and includes all of every highway within the TERRITORY so annexed. II AMENDED AND RESTATED ANNEXATION AGREEMENT The Title Holder, Marquette National Bank, as Trustee under Trust Agreement dated February 27, 1992 and known as Trustee Number 92 -2 -5, pursuant to an Annexation Agreement dated June 10, 1996 as Ordinance No. 987 and recorded as Document No. 97730723 with the Cook County Recorder of Deeds, is desirous of amending and restating the previous Annexation Agreement and in its place this Agreement shall supercede and replace, revoke and amend the previous Agreement in its entirety. III ZONING AND LAND USE RESTRICTIONS 1. Upon the Annexation of the TERRITORY to the VILLAGE, the parcel shown in the attached as Exhibits shall be classified under the existing Zoning Ordinance No. 0 -25- 99, as amended, as a Planned Unit Development (PUD) with R -4 Single Family Detached Residence District (69.5 acres) and B -3 Arterial Commercial District (6.5 acres) with the following variations from the Lemont Zoning Ordinance and the Subdivision Regulations: a. The street right -of -way shall be 60' rather than 66' with the exception of the Smith Road extension, which shall be 50' (Subdivision Regulation 2.02 -B); b. Pavement width shall be 24'rather than 27' on the Smith Road extension south of the pipeline (Subdivision Regulation 2.02 -C); 6 c. The maximum depth of the detention basin shall be 8' at the structures and 6' at the base of the slope rather than 4'(Subdivision Regulation 7.02- A.10); d. The height of the fence at the entrance of the subdivision shall be 8' rather than 6' (Zoning Code XIV.E.3); and e. Single Family Residential side yard setbacks shall be a range of 11' to 14' rather than 15' as detailed in Exhibit "G" and will be recorded on the final plat of subdivision for each lot (Zoning Code Section VII.E.7.a.2.b) Prior to the date of this Amended Agreement, such public hearings as are necessary to enable the VILLAGE lawfully to grant said zoning classification as to the TERRITORY have been conducted upon proper notice, and no further action need be taken by the OWNERS to cause the TERRITORY to be rezoned as R -4 District once the parcel is annexed to the VILLAGE. The Village Zoning Board of Appeals conducted a public hearing as necessary to lawfully grant said Zoning Classification on March 3, 2003. 2. The TERRITORY shall be developed in accordance with the Preliminary Plat of Subdivision, prepared by Ives/Ryan Group, Inc and dated 03/12/03 attached hereto and incorporated herein as Exhibit "C "; Preliminary Engineering Plan, prepared by Scott Schreiner, P.E. of DesignTek Associates, Inc. and dated 02/2703; Tree Preservation Plan and Data Sheet prepared by Ives/Ryan Group, Inc. and dated 03/12/03 attached hereto and incorporated herein as Exhibit "D "; Preliminary Landscape Plan, prepared by by Ives/Ryan Group, Inc. and dated 03/12/03 attached hereto and incorporated herein as Exhibit "E "; Side Yard Setback Matrix, prepared by McNaughton Development and dated 02/24/03 and incorporated herein as Exhibit "F "; and Declarations of Covenants Conditions and Restrictions of Briarcliffe Estates, prepared by Shawn Hankins and dated 03/12/03 attached hereto and incorporated herein as Exhibit "G." 3. Building Permits. A. On or before 30 days after receipt of an application for a building permit for construction of any buildings, or other improvements on the TERRITORY, the VILLAGE shall either issue a permit authorizing such construction, issue a permit authorizing such construction subject to satisfaction of specified conditions consistent with the terms of this Agreement, or issue a letter of denial of such permit specifying the basis of said denial by reference to the provisions of the VILLAGE'S Building Code applied in accordance with this Agreement, which the subject construction would allegedly violate. If the VILLAGE conditionally approves such a permit, the VILLAGE shall issue the permit unconditionally within five (5) working days after satisfaction by the DEVELOPER of the specified conditions. B. Any stop order issued by the VILLAGE directing work stoppage on any building or other improvement on the TERRITORY shall specify the section of the 7 VILLAGE'S Building Code allegedly violated by the DEVELOPER and shall give the DEVELOPER 30 days in which to cure or diligently commence cure of such violation. Upon correction of any such violation, work on any improvement subject to a stop order may recommence. C. The VILLAGE agrees to sign the DEVELOPER'S completed MWRD permit application, provided it complies with approved engineering, within 10 business days of receipt by the VILLAGE of an acceptable and complete permit application. 4. Effect of Future Ordinances and Amendments. It is understood and agreed, except as otherwise provided for herein, the Zoning, Subdivision Regulations, Building Code and all other ordinances including all fees and charges of the VILLAGE, shall not be frozen during the term of this Agreement, and such ordinances, as the same may from time to time be amended and enforced throughout the VILLAGE, shall apply to the TERRITORY. Notwithstanding the foregoing, it is expressly understood and agreed by the parties that during the term of this Agreement, no use permitted under the R -4 or B -3 Districts at the time of the execution of the Agreement shall be denied to the OWNERS/DEVELOPER, their successors or assigns, unless the zoning classification of the TERRITORY is amended by the petition of the OWNERS/DEVELOPER, their successors or assigns, or unless the VILLAGE shall comprehensively amend its Zoning Ordinance. In the case of a comprehensive amendment to the VILLAGE'S Zoning Ordinance, the TERRITORY shall be designated the zoning district most comparable to the R -4 or B -3 District. IV FINAL PLAT APPROVAL The VILLAGE shall not be required to accept the Final Plat of Subdivision unless the DEVELOPER complies with the following Planned Unit Development terms and conditions: 1. The DEVELOPER shall obtain written review and comments from the pipeline company on the proposed construction plans. 2. The DEVELOPER shall submit plans to the Illinois Department of Transportation, Illinois State Tollway Authority or any other governmental agency having jurisdiction over the I -355 extension project also known as FAP 340 for written review and comment. 3. Provide One Hundred Percent (100 %) landscape screening along the rear of Lots 89 through 96 and on the remaining lots bordering the Eastern boundary of the TERRITORY the DEVELOPER shall install three evergreens trees, which are at minimum of six (6) feet in height at the time of planting and are of a species to be approved by the Community Development Director prior to final plat approval. 8 4. Final engineering for detention basins adjacent to Lots 14 through 15, Lots 23 through 25, and Lots 30 to 31 shall take into account preservation of trees on the North end and shall allow no construction activities within the designated tree preservation area. 5. Final engineering plans shall include stabilization of the North slope (North of the detention basin) from the effects of erosion. 6. A traffic circle or similar traffic- calming device shall be included in the four - way intersection just North of the pipeline. 7. Tree preservation area adjacent to the playground shall be in an area protected from grading and filling activities. Final engineering plans shall illustrate the tree protection methods to be used during the development of the TERRITORY. 8. The proposed pedestrian path shall be routed to avoid crossing the detention basin side slopes and walls. 9. A minimum twenty (20) foot access easement shall be granted to the VILLAGE OF LEMONT over the abutting sides of Lots 37 and 38 to allow VIT.LAGE access to the North detention basin. 10. Dedication of road right -of -way, measuring fifty (50) feet from the roadway centerline, shall be required along 127th Street. 11. DEVELOPER shall prepare a Statement of Awareness for buyers of dwellings to acknowledge the location of the planned I -355 extension and property West abutting the Industrial Zoning. V REQUIRED PUBLIC IMPROVEMENTS 1. Water Supply. A. DEVELOPER shall contribute to the VILLAGE the cost of expanding the VILLAGE well and storage capacity to allow the VILLAGE to supply water to the TERRITORY. The contribution to the VILLAGE shall be added to the usual and customary connection fee and shall be paid at the time of connection. The parties agree that such contribution shall be paid for $1000.00 for each detached single - family unit. B. DEVELOPER shall have the right to construct and install at their expense all necessary on -site water mains to service the TERRITORY. All water mains shall be 9 constructed and installed in accordance with the Code of the VILLAGE and final engineering plans approved by the VILLAGE. The VILLAGE agrees to permit connection of the aforementioned water mains to the water facilities of the VILLAGE and to furnish water service on the same basis as said services are furnished to other parts of the VILLAGE. 2. Sanitary and Storm Sewers. DEVELOPER shall have the right to construct and install at their expense all necessary sanitary sewers to service the TERRITORY in accordance with the Subdivision Regulations of the VILLAGE and final engineering plans approved by the VILLAGE and regulations of the Metropolitan Water Reclamation District of Greater Chicago ( "MWRD "). The VILLAGE agrees to permit connection of the aforementioned sanitary sewers to the sanitary sewer facilities of the VILLAGE and to furnish sewer service on the same basis as said services are furnished to other parts of the VILLAGE. DEVELOPER agrees that no surface water is to be discharged into the sanitary sewerage collection system and will make adequate provisions that this will not occur. Tap -on fees required by the VILLAGE shall not be waived. All detention areas and storm sewers shall be owned and maintained by the DEVELOPER until the time the VILLAGE accepts said improvements. 3. Detention Area. DEVELOPER agrees to construct a detention basin in accordance with the VILLAGE standards with the exception of the maximum depth (6' at the base of the slope and 8' at the structures). DEVELOPER shall provide Title Insurance in the amount of the current market value, pay all real estate taxes, and provide a sufficient credit to pay the taxes on the detention areas until a government exemption has been granted to the VILLAGE. Detention areas may be deeded over to the VILLAGE upon completion of all public improvements except the surface course, streets trees and sidewalk. DEVELOP agrees to maintain areas through the maintenance period. 4. Open Space. DEVELOPER will convey approximately 3.14 acres, as shown on the Preliminary Plat of Subdivision set forth as Exhibit "C ", to the Lemont Park District. This dedicated park site shall consist of a .41 -acre tot lot and 2.73 acres of preserved trees. DEVELOPER, as illustrated in Exhibit "C ", shall construct an asphalt path within the tree preservation area; the location and width of said path shall be approved with the Final Engineering Plans to prevent tree preservation conflicts. DEVELOPER shall also clear dead trees and brush from the tree preservation area, but no other building, clearing or grading activities are permitted within this area. Title Insurance in the amount of the current market value, pay all real estate taxes, and provide a sufficient credit to pay the taxes on the open space areas until a government exemption has been granted to the Park District. 5. All public improvements, which shall be completed within two years after commencement of construction, shall be inspected by the VILLAGE upon completion and if they are found to be in compliance with the requirements of the VILLAGE'S Code and in accordance with the final engineering plans they shall thereupon, without unreasonable delay, be accepted by the VILLAGE as described in 10 this Agreement. The DEVELOPER shall request acceptance in writing and shall provide the VILLAGE with a bill of sale for the public improvements to be conveyed and a maintenance guarantee in the form of a letter of credit in an amount of ten percent of the original amount of the letter of credit. Said maintenance guarantee shall be available to the VILLAGE for a period of two (2) years after the effective date of acceptance of the public improvements. VI DEDICATION AND CONSTRUCTION OF STREETS; SIDEWALKS; MISCELLANEOUS 1. Streets. A. Access Road. The proposed Secondary Access Road along the Western Boundary of the proposed Subdivision shall be extended to 127th Street and will be engineered as an emergency access road (without curb) unless the VILLAGE is able to acquire a right -of -way from the adjoining owner to the West, then to be improved as a street according to Village Standards. If the VILLAGE is able to acquire the necessary permissions, the DEVELOPER shall install an intersection approach that aligns centerline to centerline with existing Smith Road. If the VILLAGE obtains the necessary permissions, the DEVELOPER shall be responsible for all improvements north of the intersection of Smith Road and 127th Street. B. Construction Hours. The DEVELOPER shall be responsible for strict observation of the construction hours regulations of the VILLAGE on behalf of all persons and companies engaged in construction activity within the DEVELOPMENT, whether related to the installation of public improvements or dwelling construction. It is agreed that the VILLAGE shall issue stop -work orders, tickets and fines as reasonably necessary to enforce its construction hour's regulations. C. Maintenance. The DEVELOPER shall be responsible for maintenance of the streets, including any damage incidental to the construction of dwellings in the subdivision by other contractors, their subcontractors or suppliers. D. Design and Standards. The design and construction standards for the network of planned streets within the TERRITORY shall be in accordance with final engineering plans as approved by the VILLAGE. E. Debris. DEVELOPER shall be required to keep all streets within and adjoining the TERRITORY free from mud and debris generated by any new construction activity on the TERRITORY. Such streets must be cleaned at least once daily. For each day that the streets are not cleaned as required hereunder during construction, DEVELOPER shall be subject to a fine as provided in Section XX "Violation Penalty" of the Subdivision 11 Regulations. If any such fine is not promptly paid, the VILLAGE shall have the right to stop any and all further construction until paid. F. Dedications. The dedication of 50' of right -of -way is required for 127th Street where it abuts the TERRITORY. 2. Street Lights. DEVELOPER shall be required to install streetlights in accordance with the Subdivision Regulations of the VILLAGE and final engineering plans approved by the VILLAGE. 3. Sidewalks. DEVELOPER shall be required to construct sidewalks in accordance with the term of this Agreement, the Subdivision Regulations of the VILLAGE and final engineering plans approved by the VILLAGE. The sidewalk along 127th Street shall be 6' in width and shall be constructed across the entire frontage of the TERRITORY, inclusive of the B -3 zoned parcel. Sidewalk is also required along the secondary access road along the west side of the B -3 parcel and pipeline. 4. Miscellaneous. A. Sidewalks and Street Trees. The cost of any sidewalks and street trees to be installed on public rights of way shall be included in the required letters of credit for each phase of the development of the TERRITORY, with the amounts to be computed on the same basis as the amounts to be included in the letter of credit for all other public improvements for the TERRITORY. Nothing contained herein shall prohibit assigning, delegating or transferring the responsibility for plating such trees by contract or declaration to home building contractors applying to the VILLAGE for building construction permits. However, the DEVELOPER shall at all times remain primarily liable to the VILLAGE for such installation and, in any event, responsibility for the installation of street trees shall not be assigned or transferred by the DEVELOPER to the homeowner (end user). Sidewalks and street trees shall be installed by the DEVELOPER on any lots remaining vacant within two years of the commencement of construction in the TERRITORY. A Parkway Tree Plan and data sheet shall be included in the Final Landscaping Plan, which shall be submitted to the Community Development Department and the consulting Village Arborist for review prior to final plat approval. This plan shall specify the number of street trees and the type of street trees assigned to each lot. B. Tree Preservation. DEVELOPER agrees to submit a final tree preservation plan in addition to the plans and specifications for the public improvements of the subdivision. The plan shall specify the number, species, location and condition of trees on the TERRITORY that are to be preserved, as well as the preservation method. The plan shall be in substantial compliance with the Tree Preservation Plan adopted as Exhibit "E" of this Agreement. The plan shall specify the techniques used to protect trees during all phases of construction. DEVELOPER agrees to plant additional tress and be subject to monetary fines according to the 12 Zoning Ordinance of the VILLAGE OF LEMONT, if trees to be preserved on the preservation plan are removed without prior written permission of the VILLAGE. The VILLAGE shall approve the final tree preservation plan at the time of final plat approval. VII EASEMENTS AND UTILITIES The DEVELOPER agrees at the time of approval of the Amended Annexation Agreement to grant to the VILLAGE, and/or obtain grants to the VILLAGE of all necessary easements for the extension of sewer, water, street, or other utilities, including cable television, or for other improvements, which may serve not only the TERRITORY, but also other territories in the general area. All such easements to be granted shall name the VILLAGE and /or other appropriate entities designated by the VILLAGE as grantee thereunder. It shall be the responsibility of the DEVELOPER to obtain all easements, both on site and off site, necessary to serve the TERRITORY. All electricity, telephone, cable television and gas lines shall be installed underground, in the front yard easements of lots 31 -34, upon approval of the respective utility companies. A conservation easement shall be illustrated on the Preliminary Plat of Subdivision adopted as Exhibit "C" in the rear of lots 88 -90. This area is to be a no build and no grade zone with the exception of limited utility work. VIII NOTIIFICATION REQUIREMENTS DEVELOPER and all the DEVELOPER'S assigns agree to have all purchasers of lots sign a statement of awareness on the location of the proposed Tollway and the Will and Cook County Industrial Zoning adjacent to the TERRITORY. IX CONTRIBUTIONS AND ANNEXATION FEE 1. The DEVELOPER shall make land and /or cash contributions prior to final plat approval, unless specified. If a final development plan or Plat of Subdivision is filed within one (1) year of the effective date of this Agreement, the required contributions shall be as follows: 13 Library Donation Land Donation Cash Donation N/A $ 20,706.94 Park Donation Tree Preservation Area 2.73 ($273,000.00) Tot Lot 0.41 ($ 41,000.00) Remainder 1.40 $140,000.00 School Donation Elementary (K -5) 1.15 $114,928.00 (600 students - 11 ac.) Junior High (6 -8) 0.72 $ 72,081.78 (900 students - 19 ac.) High School (9 -12) 0.84 $ 84,413.22 (2300 students - 48 acres) Village of Lemont Annexation Fee N/A $ 31, 250.00 Miscellaneous N/A $250,000.00 Water Contribution N/A $128,000.00* Total 7.25 $841,379.94 *See Paragraph 3 of this Article 2. If a final plat of subdivision is submitted to the VILLAGE more than one (1) year after the effective date of this Agreement, the aforesaid contributions and the annexation fee shall be paid in amounts calculated in accordance with the terms of the ordinances of the VILLAGE in effect at the time such final plan or Plat is submitted to the VILLAGE. 3. All of the fees referred to above will be paid prior to the delivery and approval of the Final Plat of Subdivision except that the water contribution fee shall be paid in One Thousand Dollar ($1,000.00) increments at the time of issuance of a Building Permit on each individual lot. 4. Contributions Agreement. DEVELOPER agrees that any and all contributions, dedications, donations and easements, provided for in this Agreement substantially advance legitimate governmental interests of the VILLAGE, including, but not limited to, providing its residents, and in particular the future residents of the TERRITORY, with access to and use of public utilities, libraries, schools, parks and recreational facilities, 14 police protection, and emergency services. DEVELOPER further agrees that the contributions, dedications, donations and easements required by this Agreement are uniquely attributable to, reasonably related to and made necessary by the development of the TERRITORY. X MODIFICATION OF "UTILITY AND ANNEXATION AND PARTICIPATION AGREEMENT" The previous Annexation Agreement adopted as Ordinance No. 987 dated June 10, 1996 and recorded as Document No. 97730723 is hereby revoked in its entirety except :: for Paragraph 11 on pages 8 to 14 relating to Recapture and in its place this Agreement shall stand. DEVELOPER/OWNERS hereby waives the Two Hundred . Thousand Dollar ($200,000.00) credit for pre - payment of tap -on fees, as provided for in Ordinance 989 dated 6/10/96 entitled Utility and .Annexation Participation. XI DEVELOPMENT CODES AND ORDINANCES AND GENERAL MATTERS The development of the TERRITORY annexed, and of each lot respectively encompassed by this Agreement shall be in accordance with the existing building, zoning, subdivision, storm water retention and other developmental codes and ordinances of the VILLAGE as they exist on the date each respective permit for development is issued. Planning and engineering designs and standards, and road construction and dedication of public improvements, shall be in accordance with the statutes and regulations of other governmental agencies having jurisdiction thereof if such standards are more stringent than those of the VILLAGE at such time. No occupancy permit shall be issued for any building prior to the completion of the required public improvements, including streetlights and street signs, except for the final surface course of the streets. Provided, however, the construction and installation of the public improvements to be done by DEVELOPER may be commenced at any time after DEVELOPER has delivered to VILLAGE an irrevocable letter of credit, in a form satisfactory to, and from a bank or other financial institution approved by, the VILLAGE in the amount of 115% of the DEVELOPER'S Engineer's estimate of the cost of construction and installation of all such public improvements as approved by the VILLAGE Engineer, including all required lighting, streets and streetlights, sidewalks, landscaping, street trees, sewer and water lines and storm water management facilities, except to the extent such facilities are to remain private, and after approval of a site development permit by the VILLAGE. At no time shall the Letter of Credit funds be utilized by the DEVELOPER for the future payment of contractors, materials, salaries and wages and the like. The VILLAGE makes no guarantees regarding the timely reduction of said Letter of Credit and therefore should not be used for time - sensitive payment purposes. The VILLAGE Engineer may, in his /her discretion, recommend the amount of said letter of credit to be reduced, from time to time, as major public improvements are completed, upon approval of the VILLAGE Board. 15 The DEVELOPER shall not be entitled to obtain any building permits except as provided for in Article XIII, the DEVELOPER shall be entitled to obtain one temporary development sign permit as provided in the temporary sign regulations of the VILLAGE Zoning Ordinance and shall not be entitled to construct any model units, sales and/or rental offices or any other appurtenant facilities unless and until the proper letter of credit or cash deposit has been made to the VILLAGE in accordance with the Subdivision Regulations of the VILLAGE, with the exception of a site development permit for the purpose of prep work (i.e.- razing of the house and /or removal of the existing runway). The letter of credit or cash deposit shall specifically include an amount to cover the cost of street trees and sidewalks as required by the Subdivision Regulations and this Agreement. All public improvements shall be constructed and initiated within two (2) years from the date of approval of the Plat of Subdivision; however, if the completion date falls after September 30th, the date shall be the following May 30th. Notwithstanding any other provisions of this Agreement, no construction of public improvements have been approved, the agreement for construction of the public improvements as herein provided has been executed, the minimum security has been provided, the requirements of Ordinance No. 456, as amended, have been met, and until documentation, including a copy of the Permit if applicable, or evidence is received by the VILLAGE that DEVELOPER is not violating a wetland regulation or a regulation relating to waters of the United States. Further, no earthwork shall be done in any area tentatively identified as wetlands until an appropriate permit or permission has been obtained and such permit or permission is shown to the VILLAGE. The Plat of Subdivision shall contain such restrictive covenants, public utility and easement provisions as are or were required by the President and Board of Trustees as a condition to approval of the Plat of Subdivision. DEVELOPER, at DEVELOPER'S own cost, agrees to provide the VILLAGE "as built ", engineering plans and specifications upon substantial completion of the public improvements or at the request of the VILLAGE Engineer but in no event later than the time required by Ordinance No.456, as amended. It is agreed that all of the public improvements contemplated herein shall upon acceptance thereof by the VILLAGE, become the property of VILLAGE and be integrated with the municipal facilities now in existence or hereinafter constructed and VILLAGE thereafter agrees to maintain said public improvements. Acceptance of said public improvements shall be by resolution of the President and Board of Trustees only after the VILLAGE Engineer or VILLAGE Engineer Consultant has issued certified that the improvements have been constructed in accordance with approved Engineering Plans and Specifications. DEVELOPER agrees to convey by appropriate instrument and VILLAGE agrees to promptly accept, subject to terms hereof, the public improvements constructed in accordance with the Approved Engineering Plans and Specifications. XII DEVELOPMENT STANDARDS 16 The development of the TERRITORY shall be substantially consistent with the "Briarcliffe Estates Subdivision Declaration of Covenants, Conditions and Restrictions" attached hereto as Exhibit "H" which shall be recorded by the DEVELOPER at the time of recording of the Plat of Subdivision and shall not be amended, changed or altered without the approval of the VILLAGE, said approval shall not be unreasonably withheld. Any proposed amendments shall be submitted to the VILLAGE in writing and unless the DEVELOPER is notified of the VILLAGE'S disapproval within (21) days of receipt of the written notice, the proposed amendment shall be deemed approved and the DEVELOPER may record the amendment. XIII MODEL HOMES The OWNERS/DEVELOPER may obtain building permits for no more than eight (8) model homes to be constructed on lots 1 -4 and 121 -128, which shall at a minimum be accessible to a gravel roadway base and fire and police protection. No Occupancy Permit shall be granted for any of the model homes until water and sewer connections have been made and roads have been improved with a binder course. This Article shall not limit the number of model homes after Subdivision improvements have been installed (i.e. - sewer, water, detention, binder course on streets). XIV SUBDIVISION ENTRANCE SIGN The Subdivision entrance sign shall be constructed of a stone material and located in an area that is in an easement and shall provide for the perpetual care, maintenance and restoration by a Homeowners' Association. xv APPROVAL OF PLANS VILLAGE and its agents agrees to expeditiously take action to approve or disapprove all plats, plans and engineering submitted to VILLAGE by DEVELOPER. If VILLAGE determines that any such submission is not in substantial accordance with this Agreement and applicable ordinances, the VILLAGE shall promptly notify DEVELOPER in writing of the specific objection to any such submission so that DEVELOPER can make any required corrections or revisions. XVI NOTICE OF VIOLATIONS The VILLAGE will issue no stop orders directing work stoppage on building or parts of the project without giving notice of the Section of the Code or this Agreement allegedly violated by DEVELOPER, so the DEVELOPER may forthwith proceed to 17 correct such violations as may exist. Moreover, the DEVELOPER shall have an opportunity to correct possible violations. This paragraph shall not restrain the Building Official from issuing a stop work order in any case where he considers a continuation of the work to constitute a threat to the health or safety of the public or personnel employee on or near the site. VILLAGE shall provide DEVELOPER notice as required by Statute of any matter, such as public hearing, proposed building code changes and policy changes or other matters, which may affect the TERRITORY of development of it under this Agreement. XVH MAINTENANCE GUARANTEE At the time or times of acceptance by VILLAGE of the installation of any part, component or all of any public improvement in accordance with this Section, or any other section of the Agreement, DEVELOPER shall deposit with the VILLAGE a maintenance bond in the form of a letter of credit in the amount of ten percent (10 %) of the cost of the installation of the public improvement accepted by VILLAGE. This bond shall be deposited with the VILLAGE and shall be held by the VILLAGE for a period of two (2) years after completion and acceptance of all improvements. In the event of a defect in material and /or workmanship within said period, then said Bond shall not be returned until correction of said defect and acceptance by VILLAGE of said corrections. XVIII DAMAGE TO PUBLIC IMPROVEMENTS The DEVELOPER shall replace and repair any damage to public improvements installed within, under or upon the subject realty resulting from construction activities by DEVELOPER, their successors or assigns and their employees agents, contractors or subcontractors during the term of this Agreement. DEVELOPER shall have no obligation hereunder with respect to damage resulting from ordinary usage, wear and tear. XIX BINDING EFFECT AND TERM AND COVENANTS RUNNING WITH THE LAND This Agreement shall be binding upon and insure to the benefit of the parties hereto, successor OWNER/DEVELOPER'S of record of the TERRITORY, assignees, lessees and upon any successor municipal authorities of said VILLAGE and successor municipalities, for a period of 20 years from the date of execution hereof. The terms and conditions of this Agreement relative to the payment of monies to the various VILLAGE recapture funds, contributions to the VILLAGE, construction and/or dedication of public improvements, granting of easements to the VILLAGE, dedication of rights -of -way to the VILLAGE and the developmental standards established herein shall constitute covenants which shall run with the land. 18 It is further agreed that any party to this Agreement, either in law or in equity, by suit, action, mandamus, or other proceeding may enforce or compel the performance of this Agreement, or have other such relief for the breach thereof as may be authorized by law or that by law or in equity is available to them. XX NOTICES Unless otherwise notified in writing, all notices, requests and demands shall be in writing and shall be personally delivered to or mailed by United States Certified mail, postage prepaid and return receipt requested, as follows: For the VILLAGE: 1. Village President 418 Main Street Lemont, IL 60439 2. Village Clerk 418 Main Street Lemont, IL 60439 3. Village Administrator 418 Main Street Lemont, IL 60439 For DEVELOPER: Paul McNaughton — McNaughton Development 11900 Southwest Highway, Suite 101 Palos Park, Illinois 60464 Or such other addresses that any party hereto may designate in writing to the other parties pursuant to the provisions of this Section. XXI CERTIFICATES OF OCCUPANCY, 1. Within five (5) days after request by DEVELOPER for a final inspection of a building within the TERRITORY, the VILLAGE shall issue a final certificate of occupancy for such building or issue a letter of denial of a certificate of occupancy identifying the correction necessary as a condition of a certificate of occupancy and specifying the section of the Building Code relied on by the VILLAGE in its request for correction. 19 2. The VILLAGE, in accordance with the requirements and customary practice of the VILLAGE Building Department, will grant provisional permits for structures between November 1st and June 1st if weather prevents the DEVELOPER from completing grading, landscaping and exterior concrete or asphalt work for any such structure (it being understood that if other work remains to be done, no occupancy permit, provisional or otherwise, will be issued). As a condition of the issuance of any such provisional occupancy permit, the DEVELOPER shall provide the VILLAGE with a timetable (acceptable to the VILLAGE) for completion of the outstanding work, which timetable shall be deemed a part of the occupancy permit. XXII REIMBURSEMENT OF VILLAGE FOR LEGAL AND OTHER FEES AND EXPENSES 1. To Effective Date of Agreement. The OWNERS. concurrently with annexation and zoning of the property or so much thereof as required, shall reimburse the VILLAGE for the following expenses incurred in the preparation and review of this Agreement, and any ordinances, letters of credits, plats, easements or other documents relating to the TERRITORY: a. all attorney's fees incurred by the VILLAGE; and b. miscellaneous VILLAGE expenses, such as legal publication costs, recording fees and copying expenses. 2. From and After Effective Date of Agreement. Except as provided in the paragraph immediately following this paragraph, upon demand by VILLAGE made by and through its President, DEVELOPER from time to time shall promptly reimburse VILLAGE, for all enumerated reasonable expenses and costs incurred by VILLAGE in the administration of the Agreement, including and limited to engineering fees, attorneys' fees and out of pocket expenses involving various and sundry matters such as, but not limited to, preparation and publication, if any, of all notices, resolutions, ordinances and other documents required hereunder, and the negotiation and preparation of letters of credit and escrow agreements to be entered into as security for the completion of land improvements. Such costs and expenses incurred by the VILLAGE in the administration of the Agreement shall be evidence to the DEVELOPER upon its request, by a sworn statement of the VILLAGE; and such costs and expenses may be further confirmed by the `,DEVELOPER at its option from additional documents relevant to determining such costs and expenses as designated from time to time by the DEVELOPER. Notwithstanding the immediately preceding paragraph, DEVELOPER. shall in no event be required to reimburse VILLAGE or pay for any expenses or costs of 20 VILLAGE as aforesaid more than once, whether such are reimbursed or paid through special assessment proceedings, through fees established by VILLAGE ordinances or otherwise. In the event that any third party or parties institute any legal proceedings against the OWNER/DEVELOPER and/or the VILLAGE, which relate to the terms of this Agreement, then, in that event, the DEVELOPER, upon written notice from VILLAGE, shall assume, fully and vigorously, the entire defense of such lawsuit and the expenses of whatever nature relating thereto; provided, however: a. OWNERS/DEVELOPER shall not make any settlement or compromise of the lawsuit, or fail to pursue any available avenue of appeal of any adverse judgment, without the approval of the VILLAGE, which approval shall not be unreasonably withheld. b. If the VILLAGE, in its sole discretion, determines there is or may probably be, a conflict of interest between VILLAGE and OWNERS/DEVELOPER, on an issue of importance to the VILLAGE having a potentially substantial adverse affect on the VILLAGE, then the VILLAGE shall have the option of being represented by its own legal counsel. In the event the VILLAGE exercises such option, then DEVELOPER shall reimburse the VILLAGE from time to time on written demand from the President of VILLAGE and notice of the amount due for any expenses, including but not limited to court costs, reasonable attorney's fees and witnesses' fees and other expenses of litigation, incurred by the VILLAGE in connection therewith. The obligation of ' DEVELOPER to reimburse VILLAGE under the terms of this subparagraph 2 shall terminate if no such legal proceedings are brought within one (1) year from the date of the annexation of the TERRITORY and, further, such obligation of reimbursement shall not apply if such legal proceedings are based upon alleged errors, omissions or unlawful conduct of VILLAGE and not the OWNERS/DEVELOPER. In the event the VILLAGE institutes legal proceedings against DEVELOPER for violation of this Agreement, and secured a judgment in its favor, the court having jurisdiction thereof shall determine and include in its judgment all expenses of such legal proceedings incurred by VILLAGE, including but not limited to the court costs and reasonable attorneys' fees, witnesses' fees, etc., incurred by the VILLAGE in connection therewith. OWNERS/DEVELOPER may, in its sole discretion, appeal any such judgment rendered in favor of the VILLAGE against OWNERS/DEVELOPER. XXIII WARRANTIES AND REPRESENTATIONS The DEVELOPER represents and warrants to the VILLAGE as follows: 21 1. That Deborah Hill, Susan Hill, Dr. David Nyberg and Marquette National Bank, as Trustee under Trust Agreement dated February 27, 1992, and known as Trustee Number 92 -2 -5 are the owners of record of the respective parcels of the TERRITORY. 2. That the •DEVELOPER proposes to develop the TERRITORY in the manner contemplated under this Agreement. 3. That other than the OWNERS/DEVELOPER, no other entity or person has any interest in the TERRITORY or its development as herein proposed. 4. That OWNERS/DEVELOPER has provided the legal description of the TERRITORY set forth in this Agreement and the attached Exhibits and that said legal descriptions are accurate and correct. XXIV CONTINUITY OF OBLIGATIONS Notwithstanding any provisions of this Agreement to the contrary, including but not limited to the sale and /or conveyance of all or any part of the TERRITORY by OWNERS/DEVELOPER, .DEVELOPER shall at all times during the term of this Agreement remain liable to VILLAGE for the faithful performance of all obligations imposed upon them by this Agreement until such obligations have been fully performed or until VILLAGE, at its sole option, has otherwise released OWNERS/DEVELOPER and from any all of such obligations. XXV NO WAIVER OR RELINQUISHMENT OF RIGHT TO ENFORCE AGREEMENT Failure of any party to this Agreement to insist upon the strict and prompt performance of the terms covenants, agreements, and conditions herein contained, or any of them, upon any other party imposed, shall not constitute or be construed as a waiver or relinquishment of any party's right thereafter to enforce any such term, covenant, agreement or condition, but the same shall continue in full force and effect. XXVI VILLAGE APPROVAL OR DIRECTION Where VILLAGE approval or direction is required by this Agreement, such approval or direction means the approval or direction of the Corporate Authorities of the VILLAGE unless otherwise expressly provided or required by law, and any such approval may be required to be given only after and if all requirements for granting such approval have been met unless such requirements are inconsistent with this Agreement. XXVH 22 SINGULAR AND PLURAL Wherever appropriate in this Agreement, the singular shall include the plural, and the plural shall include the singular. XXVIII SECTION HEADINGS AND SUBHEADINGS All section headings or other headings in this Agreement are for general aid of the reader and shall not limit the plain meaning or application of any of the provisions thereunder whether covered or relevant to such heading or not. XXIX RECORDING The VILLAGE at the expense of the DEVELOPER thereto shall record a copy of this Agreement and any amendments within 30 days after the execution hereof. XXX AUTHORIZATION TO EXECUTE The President and Clerk of the VILLAGE hereby warrant that they have been lawfully authorized by the VILLAGE Board of the VILLAGE to execute this Agreement. The OWNERS/DEVELOPER and VILLAGE shall, upon request, deliver to each other at the respective time such entities cause their authorized agents to affix their signatures hereto copies of all bylaws, resolutions, ordinances, partnership agreements, letters of direction or other documents required to legally evidence the authority to so execute this Agreement on behalf of the respective parties. XXXI AMENDMENT This Agreement sets forth all the promises, inducements, agreements, conditions and understandings between the parties hereto relative to the subject matter thereof, and there are no promises, agreements, conditions or understandings, either oral or written, express or implied, between them, other than are herein set forth. Except as herein otherwise provided, no subsequent alteration, amendment, change or addition to this Agreement shall be binding upon the parties hereto unless authorized in accordance with law and reduced in writing and signed by them. XXXII COUNTERPARTS 23 This Agreement may be executed in two or more counterparts, each of which taken together shall constitute one and the same instrument. XXXHI CURING DEFAULT It is understood by the parties hereto that time is of the essence of this Agreement. The parties to this Agreement reserve a right to cure any default hereunder within fifteen (15) days from written notice of such default. XXXIV CONFLICT BETWEEN THE TEXT AND EXHIBITS In the event of a conflict in the provisions of the text of this Agreement and the Exhibits attached hereto, the text of the Agreement shall control and govern. xxxv SEVERABILITY If any provision of this Agreement is held invalid by a court of competent jurisdiction or in the event such court shall determine that the VILLAGE does not have the power to perform any such provisions, such provision shall be deemed to be excised here from and the invalidity thereof shall not affect any of the other provisions contained herein, and such judgment or decree shall relieve VILLAGE from performance under such invalidity thereof shall not affect any of the other provisions contained herein, and such judgment or decree shall relieve VILLAGE from performance under such invalid provision of this Agreement. XXXVI DEFINITION OF THE VILLAGE When the term VILLAGE is used herein it shall be construed as referring to the Corporate Authorities of the VILLAGE unless the context clearly indicates otherwise. XXXVII EXECUTION OF AGREEMENT This Agreement shall be signed last by the VILLAGE and the President of the VTT.LAGE shall affix the date on which he signs this Agreement on page 1 hereof which date shall be the effective date of this Agreement. 24 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the day and year first above written. ATTEST: By: ,A,-1-&7', Village Clerk OWNERS: Deborah Hill Dr. David Nyberg DEVELOPER: McNaughton Devi pment, Inc er VILLAGE OF LEMONT An Illinois Municipal Corporation Susan Hill Marquette National Bank OFFICIAL SEAL. KENNETH A. SILVERMAN NOTARY PUBLIC, STATE OF IU,INOIE MY COMMISSION EXPIRES 111 25 ACKNOWLEDGMENTS STATE OF ILLINOIS) ) SS. COUNTY OF COOK ) I, the undersigned, a Notary Public, in and for the County and Sate aforesaid, DO HEREBY CERTIFY that JOHN F. PIAZZA is personally known to me to be the President of the Village of Lemont, and CHARLENE M. SMOLLEN, personally known to me to be the Village clerk of said municipal corporation, and personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that as such President and Village Clerk, they signed and delivered the said instrument and caused the corporate seal of said municipal corporation to be affixed thereto, pursuant to authority given by the Board of Trustees of said municipal corporation, as their free and voluntary act, and as the free and voluntary act and deed of said municipal corporation, for the uses and purposes therein set forth. GIVEN under my hand and official seal, this Z'! day of M AA-A— e" 2003. Commission expires i OFFICIAL SSA! ROSEMAY YATES (PLi . JC.. STA r. OF ILLINOIS cc • S 20 Public STATE OF ILLINOIS) ) SS. COUNTY OF COOK ) I, the undersigned, a Notary Public in an for the County and State aforesaid, DO HEREBY CERTIFY that the above -named am �.1Ua L�,, personally known to me to be the same persons whose names are subscribed to the foregoing instrument appeared before me this day in person and acknowledged that they signed and delivered the said instrument as their own free and voluntary act for the uses and purposes therein set forth. 2003. GIVEN under my hand an KENNETH A. SILVERMAN NOTARY PUBLIC, STATE OF ILLINOIS MY COMMISSION EXPIRES 1122.2006 day of Apo( Commission expires , 20 26 Notary Public • „ IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the day and year first above written. ATTEST: By: Village Clerk OWNERS: Deborah Hill Dr. David Nyberg DEVELOPER: McNaughton Development, Inc. By: Officer VILLAGE OF LEMONT An Illinois Municipal Corporation By. Susan Hill Marquette Natimal.Bank 25 -.11/9 if-data:m:1 cakwn-xl Ty Thc MarcriNtt "Ebt penzna7.1y, caly s Tntee, P.71d no -0c7;"! V:AhEty assTnid z,1-• IvE.-trciuttte use Gf c ;1;,-.A;1,:• • • - g-,Z TriPking -rods instr-J-inent, STATE OF ILLINOIS ) ) S.S. COUNTY OF COOK ) I, the undersigned, a Notary Public in and for said County, in the State aforesaid, DO HEREBY CERTIFY that GLEyAJ 722. Trust Officer of MARQUETTE BANK , and /144/ Asst. Secge-anR.y Officer of said Bank, personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such Trust Officer and Asst. Se ae°rAgY respectively, appeared before me this day in person, and acknowledged that they signed and delivered the said instrument as their own free and voluntary act, and as the free and voluntary act of said Bank for the uses and purposes therein set forth; and the said Asst. Sect: e t Afey did also then and there acknowledge that said Asst. 5 yzg- rA1,1 as custodian of the corporate seal of said Bank did affix the said corporate seal of said Bank to said instrument as said Asst. S'ecae. ; Arzy s own free and voluntary act, and as the free and voluntary act of said Bank, for the uses and purposes therein set forth. Given under my hand and official seal, this A4441ay of !% r c C- , 2003 . I!+ot -e2; 1 ".i 311 ; State Sji My Corovissi; nE)-2:res 6.19 493 I:\FORMS\Real Estate\Notary for Land Trustee.wpd; 5/17/02 a/.72-6-;=_e 721 -� Notary Public PARCEL 1_ THE NORTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 30, TOWNSHIP 37 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDItN, IN COOK COUNTY, ILLINOIS (EXCEPTING THEREFROM TEAT PORTION TAKEN PER CONDEMNATION CASE NO. 961150847 AND EXCEPT THAT PORTION RECORDED :cm DOCCTPSENT X70. 97455907) , IN COOK COUNTY, ILLINOIS. PARCEL 2: THE EAST 18.50 FEET OF THE SOUTH 1/2 OF THE WEST 1/2 OF THE SOUTHWEST FRACTIONAL QUARTER OF SECTION 30, TOWNSHIP 37 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. PARCEL 3: THE SOD' 1/2 OF THE WEST 1/2 (EXCEPT TEE EAST 16.50 FEET AND ALSO EXCEPT THE WEST 375 FEET OF TES EAST 391.50 FEET OF THE SOUTH 260 FEET THEREOF AND EXCEPT THE WEST 8 ACRES THEREOF) OF TEE SOUTHWEST FRACTIONAL QUARTER OF SECTION 30, TOWNSHIP 37 NORTH, RANGE 11 PAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. PARCEL 4: THE WEST 9 ACRES OF THE SOUTH 1/2 OF THE WEST 1/2 OP THE SOUTHWEST FRACTIONAL, QUARTER OF SECTION 30, TOWNSHIP 37 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. PARCEL 5: THE SOUTH 177.93 FEET QUARTER OF SECTION 30, MERIDIAN, LYING SOUTH COOK COUNTY, ILLINOIS CASE NO. 96L50847 AND COOK COUNTY, ILLINOIS, OF THAT PART OF THE WEST 1/2 OP THE NORTHWEST FRACTIONAL TOWNSHIP 37 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL OF THE CHICAGO AND ALTON RAILROAD COMPANY RIGHT OF WAY IN (EXCEPTING THEREFROM THAT PORTION TAKEN PER CONDEMNATION EXCEPT THAT PORTION RECORDER IN DOCUMENT NO. 97495907), IN EMBIT 11A" r� IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the day and year first above written. ATTEST: By: 46l f72 , Village Clerk OWNERS: : /j ' 1 1+ ", / G cjA Deborah Hill VILLAGE OF LEMONT An Illinois Municipal Corporation B Dr. David Nyberg / Marquette National Bank DEVELOPER: McNaughton Development, Inc. By: Officer OFFICIAL SEAL KENNETH A. SILVERMAN NOTARY PUBUC, STATE OF ILLINOIS MY COMMISSION EXPIRES 11.224008 25 0 ACKNOWLEDGMENTS STATE OF ILLINOIS) ) SS. COUNTY OF COOK ) I, the undersigned, a Notary Public, in and for the County and Sate aforesaid, DO HEREBY CERTIFY that JOHN F. PIAZZA is personally known to me to be the President of the Village of Lemont, and CHARLENE M. SMOLLEN, personally known to me to be the Village clerk of said municipal corporation, and personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that as such President and Village Clerk, they signed and delivered the said instrument and caused the corporate seal of said municipal corporation to be affixed thereto, pursuant to authority given by the Board of Trustees of said municipal corporation, as their free and voluntary act, and as the free and voluntary act and deed of said municipal corporation, for the uses and purposes therein set forth. 2003. GIVEN under my hand and official seal, this day of µa^ "-h Commission expires STATE OF ILLINOIS) ) SS. COUNTY OF COOK ) I, the undersigned, a Notary Public in and for the County and State aforesaid, DO HEREBY CERTIFY that the above -named e�or_,A... u i f l � S a so., � (1 0 Or. i)aUt %bers personally known to me to be the same persons whose names are subscribed to the foregoing instrument appeared before me this day in person and acknowledged that they signed and delivered the said instrument as their own free and voluntary act for the uses and purposes therein set forth. 2003. GIVEN under my hand and Commission expires 7 OFFICIAL SE KENNETH A. SILVERMAN NOTARY PUBLIC, STATE OF ILLINOIS MY COMMISSION EXPIRES 11.222006 , 20 day of 26 Notary Public