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R-40-97 Authorizing Termination Of MWRD LeaseRESOLUTION NO. - 9,7 RESOLUTION AUTHORIZING TERMINATION OF MWRD LEASE WHEREAS, the VILLAGE OF LEMONT (hereinafter referred to as "VILLAGE ") is currently the Lessee of a five -acre vacant parcel of real estate (hereinafter referred to as "LEASED PREMISES ") leased from the METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO (hereinafter referred to as the "MWRD") a copy of which is attached hereto and made a part hereof as Exhibit "A" (hereinafter referred to as "LEASE"); and WHEREAS, the MWRD authorized the LEASE to the VILLAGE, for the purpose of constructing a sewerage treatment works, water purification works and pumping station for the services of the VILLAGE and for such other purposes as shall be incident thereto and for no other purposes whatsoever; and WHEREAS, the VILLAGE no longer has a need for the LEASED PREMISES and wishes to deliver possession and terminate the LEASE with the MWRD and be released from its duties and obligations under the LEASE. NOW THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of Lemont that the LEASE is hereby terminated and that the Village President is hereby authorized to execute any and all documents necessary to effectuate the release and termination of the LEASE and to execute a Lease Termination Agreement. This resolution shall be in full force and effect from and after its passage and approval as provided by law. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL AND DUPAGE, ILLINOIS, on this i4 i4'' day of July , 1997. Barbara Buschman Keith Latz Connie Markiewicz Richard Rimbo Ralph Schobert Mary Studebaker AYES NAYS PASSED ABSENT fr ENE SMOLLEN, Village Clerk Approved by me this 1 `4 14'' day of Jv 1 , 1997. CH T3'..r ' ' " , Village President ATTEST: ENE SMOLLEN, Village Clerk B: \VILLAGE \MWRD.RES RELEASE AND TERMINATION OF LEASE THIS RELEASE AND TERMMNATION OF LEASE (hereinafter referred to as "Release ") dated this ii. Tday of J„jy OF LEMONT, a Municipal Corporation, (hereinafter referred to as "VILLAGE ") and the ME '1 ROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO (hereinafter referred to as "MWRD"). A certain Lease Agreement dated the lath day of March, 1941, (hereinafter referred to as "LEASE ") was entered into by and between the MWRD as Lessor and VILLAGE as Lessee, covering certain real estate located in the Village of Lemont (hereinafter referred to as "LEASED PRENIISES ") a copy of which is attached hereto and made a part hereof as Exhibit "A ". WHEREAS, the VILLAGE no longer has a need for the LEASED PREMISES and wishes to deliver possession of the LEASED PREMISES to the MWRD and to be released from its duties and obligations under the LEASE; and WHEREAS, the MWRD is willing the accept the leasehold interest granted to the VILLAGE in the LEASED PREMISES and the possessory rights thereto. NOW, THEREFORE, in consideration for the agreements hereinafter set forth and for other good and valuable consideration, receipt of which is hereby acknowledged, the MWRD and the VILLAGE hereby agree as follows: 1. The LEASE is hereby terminated and the VILLAGE shall not be liable for any payment of any rent and shall surrender, assign, release and quitclaim all of its leasehold interest and possessory rights to the LEASED PREMISES to the MWRD; and 2. The VILLAGE and the MWRD shall release the other from all duties, rights and obligations under the LEASE. , 1997, is entered into by and between the VILLAGE 3. The VILLAGE agrees to indemnify and hold harmless the MWRD from any damages, costs, liability and/or expenses which may be incurred by the MWRD by reason of, result from, in connection with or arising in any manner whatsoever from the condition of the LEASED PREMISES which arose, occurred or existed during the leased term. IN WITNESS WHEREOF, the Lessor, MWRD, has caused this instrument to be executed in triplicate by the Chairman of the Committee on Finance of its Board of Commissioners and attested by its Clerk, and its corporate seal to be hereunto affixed; and the Lessee, VILLAGE, has caused this instrument to be executed in triplicate by its President and attested by its Clerk and the corporate seal to be hereunto affixed all the day and year first above written. METROPOLITANWATERRECLAMATION DISTRICT OF GREATER CHICAGO By: ATTEST: Clerk OF LEMONT, o ratio ATTEST: harlene M. Smollen, Village Clerk B: \VILLAGE \MWRD.RES wasneski, Village President