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R-63-08 Resolution Accepting Quit Claim for Tower from MP LemontRESOLUTION 3 -cog' RESOLUTION ACCEPTING QUIT CLAIM DEED FOR TOWER PROPERTY AND ADJACENT WALKWAY EASEMENTS FROM MP LEMONT, LLC. WHEREAS, the Village of Lemont entered into a Redevelopment Agreement on May 15, 2006 approved by Ordinance 0 -28 -06 with Marquette Property Investments, Inc. and MP Lemont, LLC; and WHEREAS, the Redevelopment Agreement requires that Marquette Property Investments, Inc. with MP Lemont, LLC deed property for public uses to include road rights -of -way, parking garage, plaza and walkways; and WHEREAS, on August 22, 2006, Assignment and Assumption of the Redevelopment Agreement between the Village and Marquette Property Investments, Inc with MP Lemont, LLC was formalized. NOW, THEREFORE, BE IT RESOLVED by the Village President and Board of Trustees of the Village of Lemont, that the Village of Lemont hereby accepts the following property from MP Lemont, LLC: 1) Quit Claim Deed for Tower Property and Walkway Easements legally described on Exhibits A, B, and C of the Quit Claim Deed attached hereto as Exhibit 1. 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 27"' day of October , 2008. Debby Blatzer Peter Coules Clifford Miklos Brian Reaves Ronald Stapleton Jeanette Virgilio Attest: AYES NAYS PASSED ABSENT CHARLENE SMOLLEN, Village Clerk THIS INSTRUMENT PREPARED BY AND SHOULD BE RETURNED TO: Brian Meltzer MELTZER, PURTILL & STELLE LLC 1515 East Woodfield Road Second Floor Schaumburg, Illinois 60173 -5431 ABOVE SPACE FOR RECORDER'S USE ONLY QUIT CLAIM DEED 1 0/0 1 /08 This indenture, made this day of , 2008, between MP Lemont, LLC, an Illinois limited liability company ( "Grantor "), and Village of Lemont, a municipal corporation within the State of Illinois and the County of Cook, 418 Main Street, Lemont, Illinois, 60439 ( "Grantee "). WITNESSETH, that Grantor, for and in consideration of the sum of Ten and 00 /100 Dollars ($10.00) and good and valuable consideration in hand paid by Grantee, the receipt whereof is hereby acknowledged, and pursuant to authority of its , by these presents does CONVEY AND QUIT CLAIM unto Grantee, and to its heirs and assigns, FOREVER, the real estate, situated in the County of Cook and State of Illinois known and legally described in Exhibit A attached hereto (the "Walkway Property"). SUBJECT TO: Covenants, conditions, easements, building lines and restrictions of record and general real estate taxes not yet due and payable. SUBJECT TO: A perpetual, non - exclusive easement for the benefit of the adjacent property described on Exhibit B attached hereto ( "Adjacent Property "), Grantor, and its successors and assigns over and across those portions of the Walkway Property described herein: (i) over and across the Walkway Property for access to and from the Adjacent Property and a public way; (ii) for the installation, continued existence, use, alterations, maintenance, repair and replacement of facilities and components located, or from time to time installed in, the Walkway Property which are, or will be, part of a system which serves the Adjacent Property and access thereto; and (iii) in and to all structural members, footings, caissons, foundations, columns and beams which are part of the building on the Walkway Property is hereby declared for {30625: 010: 00348820.DOC :6 } the support of all improvements and structures which are part of the building on the Adjacent Property. Grantor does hereby also grant a perpetual, non - exclusive easement for the benefit of the Walkway Property, Grantee, and its successors and assigns over and across those portions of the Adjacent Property described in Exhibit C attached hereto ( "Tower Property"): (i) for the installation, continued existence, use, alterations, maintenance, repair and replacement of facilities and components located, or from time to time installed in, the Tower Property which are, or will be, part of a system which serves the Walkway Property and access thereto; and (ii) in and to all structural members, footings, caissons, foundations, columns and beams which are part of the building on the Tower Property for the support of all improvements and structures which are part of the building on the Walkway Property. IN WITNESS WHEREOF, said Grantor has caused its name to be signed to these presents by its the day and year first above written. {30625: 010: 00348820.DOC :6 } GRANTOR: MP LEMONT, LLC, an Illinois limited liability company By: Its: 2 STATE OF ILLINOIS ) ) SS COUNTY OF COOK ) I, the undersigned, a Notary Public in and for said County, in the State aforesaid, do hereby certify that of MP Lemont, LLC, an Illinois limited liability company (the "Company "), personally known to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he signed and delivered said instrument as h_ own free and voluntary act, and as the free and voluntary act of the Company for the uses and purposes therein set forth. GIVEN under my hand and Notarial seal this day of , 2008. Notary Public EXEMPT UNDER PROVISIONS OF PARAGRAPH B SECTION 31 -45, PROPERTY TAX CODE. DATE MAIL TO: Brian Meltzer, Meltzer Purtill & Stelle 1515 E. Woodfield Road, Suite 250 Schaumburg, Illinois 60173 BUYER SELLER OR REPRESENTATIVE OR RECORDER'S OFFICE BOX NO. {30625: 010: 00348820.DOC :6 } SEND SUBSEQUENT TAX BILLS TO: Village of Lemont 418 Main Street Lemont, Illinois 60439 EXHIBIT A The Walkway Property That part of the East '/2 of the Southwest 1/4 and the West '/2 of the Southeast 1/4 of Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, in Cook County, Illinois, bounded and described as follows: Commencing at the intersection of the south line of Lot 9 in County Clerk's Division of unsubdivided lands in said Section 20 with the east line of the west 400.5 feet of Lot 9 lying east of the east line of State Street produced northerly across said Lot 9, in said County Clerk's Division (as measured along the south line of Lot 9); thence on an assumed bearing of North 00 degrees 34 minutes 56 seconds East along the east line of the west 400.5 feet of Lot 9 in said County Clerk's Division, 140.00 feet; thence North 63 degrees 01 minutes 14 seconds East, 17.83 feet; thence South 01 degree 16 minutes 48 seconds West, 116.76 feet; thence South 88 degrees 43 minutes 12 seconds East, 38.42 feet to the Point of Beginning; thence South 01 degree 16 minutes 48 seconds West, 12.92 feet; thence South 88 degrees 43 minutes 12 seconds East, 20.22 feet; thence North 01 degree 16 minutes 48 seconds East, 22.58 feet; thence North 88 degrees 43 minutes 12 seconds West, 16.64 feet; thence South 01 degrees 16 minutes 48 seconds East, 9.66 feet; thence North 88 degrees 43 minutes 12 seconds West, 3.58 feet to the Point of Beginning, all lying above an elevation of 592.90 feet (N.A.V.D. 88) and below an elevation of 607.25 feet (N.A.V.D. 88). PIN: 22 -20- 300 -014 -0000 Address: 1st floor, Parking tower, 340 River Street, Lemont, Illinois 60439 {30625: 010: 00348820.DOC :6 1 4 EXHIBIT B The Adjacent Property Parcel 1: That part of Lot 9 (except the West 400.50 feet as measured on the South line thereof) in County Clerk's Division of Unsubdivided Lands in Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, lying South of the right -of -way of the Atchison Topeka and Santa Fe Railroad Company and East of the East line of State Street produced Northerly across said Lot 9, in Cook County, Illinois; Parcel 2: All of Block 5 in Singer and Talcott Stone Company's Subdivision of part of the West Half of the Southeast Quarter of Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, lying North of Illinois Michigan Canal, and also Lot 10 in County Clerk's Division of Unsubdivided Lands in said Section 20, taken as a tract, except the Easterly 180 feet thereof, all in Cook County, Illinois. Parcel 3: That part of the East Half of the Southwest Quarter of Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, Cook County, Illinois, described as follows: Beginning at the Northwest corner of Lot 10 in County Clerk's Division of Unsubdivided Lands in said Section 20; thence North 00 °19'16" East 50.00 feet along the West line of said Lot 10 extended North; thence South 88 °43'36" East 171.83 feet to a line located 180.00 feet West of and parallel with the West line of Stephen Street; thence South 01 ° 18'56" West 50.00 feet along said parallel line to the North line of Lot 10; thence North 88 °43'36" West 170.96 feet along said North line to the Point of Beginning. Parcel 1, 2 and 3 being also described as: Commencing at the Southeast corner of said Block 5 being the intersection of the West line of Stephen Street with the North line of the Reserve Strip for the Illinois and Michigan Canal; thence North 88 °43'12" West 180.00 feet along the South line of said Block 5 to the Point of Beginning; thence continuing North 88 °43'12" West 350.32 feet along the South line of said Block 5 and also along the North line of the Reserve Strip for the Illinois and Michigan Canal; thence North 00 °34'56" East 140.00 feet; thence North 63 °01'14" East 73.51 feet; thence North 79 °05'50" East 119.31 feet; thence North 00 °19'16" East 60.00 feet; thence South 88 °43'36" East 171.83 feet; thence South 01 °18'56" West 260.00 feet to the Point of Beginning. {30625: 010: 00348820.DOC :6 } 5 Except the following described tracts of land conveyed to the Village of Lemont by deeds recorded August 29, 2006 as document numbers 0624133042 and 0624133043 and this Quit Claim Deed: That part of the East 1/2 of the Southwest 1/4 and the West '/2 of the Southeast 1/4 of Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, in Cook County, Illinois, bounded and described as follows: Beginning at the intersection of the south line of Lot 9 in County Clerk's Division of unsubdivided lands in said Section 20 with the east line of the west 400.5 feet of Lot 9 lying east of the east line of State Street produced northerly across said Lot 9, in said County Clerk's Division (as measured along the south line of Lot 9); thence on an assumed bearing of North 00 degrees 34 minutes 56 seconds East along the east line of the west 400.5 feet of Lot 9 in said County Clerk's Division, 140.00 feet; thence North 63 degrees 01 minutes 14 seconds East, 17.83 feet; thence South 01 degree 16 minutes 48 seconds West, 116.76 feet; thence South 88 degrees 43 minutes 12 seconds East, 38.42 feet; thence South 01 degree 16 minutes 48 seconds West, 12.92 feet; thence South 88 degrees 43 minutes 12 seconds East, 19.24 feet; thence South 01 degree 16 minutes 48 seconds West, 18.75 feet to the south line of said Lot 9; thence North 88 degrees 43 minutes 12 seconds West along the south line of said Lot 9 for a distance of 71.66 feet to the point of beginning. Also Commencing at the intersection of the south line of Lot 9 in County Clerk's Division of unsubdivided lands in said Section 20 with the east line of the west 400.5 feet of Lot 9 in said County Clerk's Division (as measured along the south line of Lot 9); thence on an assumed bearing of North 00 degrees 34 minutes 56 seconds East along the east line of the west 400.5 feet of Lot 9 in said County Clerk's Division, 140.00 feet; thence North 63 degrees 01 minutes 14 seconds East, 71.19 feet to the point of beginning; thence continuing North 63 degrees 01 minutes 14 seconds East, 2.32 feet; thence North 79 degrees 05 minutes 50 seconds East along the south line of River Street as dedicated by Document No. 22695261 for a distance of 76.77 feet; thence South 01 degrees 16 minutes 48 seconds West, 22.41 feet; thence South 88 degrees 43 minutes 12 seconds East, 77.75 feet; thence South 01 degrees 16 minutes 48 seconds West, 7.00 feet; thence South 88 degrees 43 minutes 12 seconds East, 17.33 feet; thence North 01 degrees 16 minutes 48 seconds East, 7.00 feet; thence South 88 degrees 43 minutes 12 seconds East, 52.00 feet; thence North 01 degrees 16 minutes 48 seconds East, 41.41 feet to the south line of said River Street; thence South 88 degrees 43 minutes 36 seconds East along the south line of said River Street, 9.17 feet; thence South 01 degrees 16 minutes 48 seconds West, 68.24 feet; thence North 88 degrees 43 minutes 12 seconds West, 10.67 feet; thence South 01 degrees 16 minutes 48 seconds West, 17.33 feet; thence South 88 degrees 43 minutes 12 seconds East, 10.67 feet; thence South 01 degrees 16 minutes 48 seconds West, 76.00 feet; thence South 88 degrees 43 minutes 12 seconds East, 42.00 feet; thence North 01 degrees 16 minutes 48 seconds East, 161.58 feet to the south line of River Street; thence South 88 degrees 43 minutes 36 seconds East along the south line of said River Street, 14.13 feet to the west line of the east 180 {30625: 010: 00348820.DOC :6 } 6 feet of Block 5 in Singer and Talcott Stone Company's Subdivision; thence South 01 degrees 18 minutes 56 seconds West along the aforesaid line, 210.00 feet to the south line of Lot 10 in County Clerk's Division; thence North 88 degrees 43 minutes 12 seconds West along said south line of Lot 10, 14.00 feet; thence North 01 degrees 16 minutes 48 seconds East, 41.33 feet; thence North 88 degrees 43 minutes 12 seconds West, 131.42 feet; thence North 01 degrees 16 minutes 48 seconds East, 7.00 feet; thence North 88 degrees 43 minutes 12 seconds West, 18.83 feet; thence South 01 degrees 16 minutes 48 seconds West, 7.00 feet; thence North 88 degrees 43 minutes 12 seconds West, 130.08 feet; thence North 01 degrees 16 minutes 48 seconds East, 50.42 feet; thence South 88 degrees 43 minutes 12 seconds East, 10.67 feet; thence North 01 degrees 16 minutes 48 seconds East, 17.33 feet; thence North 88 degrees 43 minutes 12 seconds West, 10.67 feet; thence North 01 degrees 16 minutes 48 seconds East, 30.00 feet; thence South 88 degrees 43 minutes 12 seconds East, 5.00 feet; thence North 01 degrees 16 minutes 48 seconds East, 34.61 feet to the point of beginning, all in the Village of Lemont, Cook County, Illinois. And That part of the East Half of the Southwest Quarter of Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, Cook County, Illinois, described as follows: Beginning at the Northwest corner of Lot 10 in County Clerk's Division of Unsubdivided Lands in said Section 20; thence North 00 °19'16" East 50.00 feet along the West line of said Lot 10 extended North; thence South 88 °43'36" East 171.83 feet to a line located 180.00 feet West of and parallel with the West line of Stephen Street; thence South 01 °18'56" West 50.00 feet along said parallel line to the North line of Lot 10; thence North 88 °43'36" West 170.96 feet along said North line to the Point of Beginning. And That part of the East 1/2 of the Southwest 1/4 and the West 1/2 of the Southeast 1/4 of Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, in Cook County, Illinois, bounded and described as follows: Commencing at the intersection of the south line of Lot 9 in County Clerk's Division of unsubdivided lands in said Section 20 with the east line of the west 400.5 feet of Lot 9 lying east of the east line of State Street produced northerly across said Lot 9, in said County Clerk's Division (as measured along the south line of Lot 9); thence on an assumed bearing of North 00 degrees 34 minutes 56 seconds East along the east line of the west 400.5 feet of Lot 9 in said County Clerk's Division, 140.00 feet; thence North 63 degrees 01 minutes 14 seconds East, 17.83 feet; thence South 01 degree 16 minutes 48 seconds West, 116.76 feet; thence South 88 degrees 43 minutes 12 seconds East, 38.42 feet to the Point of Beginning; thence South 01 degree 16 minutes 48 seconds West, 12.92 feet; thence South 88 degrees 43 minutes 12 seconds East, 20.22 feet; thence North 01 degree 16 minutes 48 seconds East, 22.58 feet; thence North 88 degrees 43 minutes 12 seconds West, 16.64 feet; thence South 01 degrees 16 minutes 48 seconds East, 9.66 feet; thence North 88 degrees 43 minutes 12 seconds West, 3.58 feet to the Point of Beginning all lying below an elevation of 607.25 feet (N.A.V.D. 88). {30625: 010: 00348820.DOC :6 } 7 EXHIBIT C The Tower Property That part of the East 1/2 of the Southwest 1/4 and the West 1/2 of the Southeast 1/4 of Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, in Cook County, Illinois, bounded and described as follows: Commencing at the intersection of the south line of Lot 9 in County Clerk's Division of unsubdivided lands in said Section 20 with the east line of the west 400.5 feet of Lot 9 lying east of the east line of State Street produced northerly across said Lot 9, in said County Clerk's Division (as measured along the south line of Lot 9); thence on an assumed bearing of North 00 degrees 34 minutes 56 seconds East along the east line of the west 400.5 feet of Lot 9 in said County Clerk's Division, 140.00 feet; thence North 63 degrees 01 minutes 14 seconds East, 17.83 feet; thence South 01 degree 16 minutes 48 seconds West, 116.76 feet; thence South 88 degrees 43 minutes 12 seconds East, 38.42 feet to the Point of Beginning; thence South 01 degree 16 minutes 48 seconds West, 12.92 feet; thence South 88 degrees 43 minutes 12 seconds East, 20.22 feet; thence North 01 degree 16 minutes 48 seconds East, 22.58 feet; thence North 88 degrees 43 minutes 12 seconds West, 16.64 feet; thence South 01 degrees 16 minutes 48 seconds East, 9.66 feet; thence North 88 degrees 43 minutes 12 seconds West, 3.58 feet to the Point of Beginning all lying at or above an elevation of 607.25 feet (N.A.V.D. 88); Except that part of the Tower Property which is or becomes all or a portion of a condominium unit(s) created pursuant to a condominium declaration recorded with respect to a portion of the Adjacent Property, including, without limitation that certain Declaration of Condominium Ownership for the Front Street Lofts Condominium by MP Lemont, LLC, as Declarant, as may be amended or supplemented, to be recorded with the Recorder of Deeds of Cook County, Illinois. {30625: 010: 00348820.DOC :6 8 STATEMENT BY GRANTOR AND GRANTEE The grantor or his agent affirms that, to the best of his knowledge, the name of the grantee shown on the deed or assignment of beneficial interest in a land trust is either a natural person, an Illinois corporation or foreign corporation authorized to do business or acquire and hold title to real estate in Illinois, a partnership authorized to do business or acquire and hold title to real estate in Illinois, or other entity recognized as a person and authorized to do business or acquire title to real estate under the laws of the State of Illinois. Dated: , 2008 Signature: Grantor or Agent Subscribed and sworn to before me by the said this day of , 2008 Notary Public Affiant The grantee or his agent affirms and verifies that the name of the grantee shown on the deed or assignment of beneficial interest in a land trust is either a natural person, an Illinois corporation or foreign corporation authorized to do business or acquire and hold title to real estate in Illinois, a partnership authorized to do business or acquired and hold title to real estate in Illinois, or other entity recognized as a person and authorized to do business or acquire and hold title to real estate under the laws of the State of Illinois. Dated: /P/ , 2008 Signature: Subscribed and sworn to before me by the said this j day of (3 , 4-0 p,,( , 2008 Notary Public NOTE: Any person who knowingly submits A Grantee or Agent C. , STYO,CO{ iant OFFICIAL SEAL ROSEMAY YATES NOTARY PUBLIC, STATE OF ILLINOIS MY COMMISSION EXPIRES 8.13.2012 atement concerning the identity of a grantee shall be guilty of a Class C misdemeanor for the first offense an lass A misdemeanor for subsequent offenses. (Attach to deed or ABI to be recorded in Cook County, Illinois, if exempt under the provisions of Section 4 of the Illinois Real Estate Transfer Tax Act.) {30625: 010: 00348820.DOC :6 9