HomeMy WebLinkAboutOrd 4388 01/07/1992 ORDINANCE NO. 4388
AN ORDINANCE AUTHORIZING THE ACQUISITION OF PROPERTY
THROUGH CONDEMNATION OR OTHERWISE FOR THE TRIANGLE
REDEVELOPMENT PROJECT
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the 7th day of January , 1992
Published in Pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
13th day of January , 1992.
ORDINANCE NO. 4388
AN ORDINANCE AUTHORIZING THE ACQUISITION OF PROPERTY THROUGH
CONDEMNATION OR OTHERWISE FOR THE TRIANGLE REDEVELOPMENT PROJECT.
WHEREAS, the Board of Trustees of the Village of Mount
Prospect, Cook County, Illinois has heretofore adopted Ordinance
No. 4386 that approved the Triangle Development Project,
and Ordinance No. 4387 designating the Triangle
Redevelopment Project Area, both of which are incorporated herein
in their entirety; and
WHEREAS, the Board of Trustees of the Village of Mount
Prospect has determined that the Triangle Redevelopment Project,
which was the subject matter of a public hearing on December 17,
1991, is in the best interests of the residents of the Village of
Mount Prospect and is a public purpose; and
WHEREAS, the Village of Mount Prospect is empowered,
pursuant to Ordinance No. 4385 and its home rule powers to
acquire by purchase, donation, lease or eminent domain, real
property within the Triangle Redevelopment Project Area; and
WHEREAS, the implementation of the aforementioned
Triangle Redevelopment Project would attract to the Village of
Mount Prospect additional commercial ventures, increase business
for commercial ventures currently established within the Village,
strengthen the property and non-property tax and income bases in
the Village and would provide jobs for Village residents; and
WHEREAS, pursuant to its home rule powers, the Village
of Mount Prospect has previously adopted Ordinance No.
4385 , empowering the Village's exercise of the power of
eminent domain for the public purpose of redevelopment within a
Redevelopment Project Area, as defined in said Ordinance; and
WHEREAS, the exercise of its powers of eminent domain
required in order to condemn or purchase real property for the
Triangle Redevelopment Project is contained in Ordinance No.
4385
· the Illinois Constitution, the Illinois
Revised Statutes and the home rule ordinances of the Village of
Mount Prospect; and
WHEREAS, the acquisition of property for the Triangle
Redevelopment Project requires the exercise of powers and
performance of functions pertaining to the government and affairs
of the Village of Mount Prospect.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND
BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY,
ILLINOIS, IN THE EXERCISE OF ITS HOME RULE POWERS, AS FOLLOWS:
SECTION 1: That it is hereby determined that the Triangle
Redevelopment Project, previously adopted, be established,
maintained, controlled, managed and operated within the corporate
limits of the village of Mount Prospect and within the Triangle
~%~gvelopment Project Area, as described in Ordinance No.
~b ' and that said Triangle Redevelopment Project
be occupied, improved, used and developed in a manner necessary
and convenient for public use.
SECTION 2: That under the authority vested in the corporate
authorities of the Village of Mount Prospect through the Illinois
Constitution, the Statutes of the State of Illinois and the home
rule powers and ordinances of the Village of Mount Prospect, it
is hereby determined that, pursuant to the Triangle Redevelopment
Project, it is necessary and desirable that the Village shall
acquire title to and possession of the real property legally
described in Exhibit A attached hereto and made a part hereof
(hereinafter, the "Subject Property"), which property is within
the foregoing Triangle Redevelopment Project Area and is
necessary, required and needed to achieve the objectives of the
foregoing Triangle Redevelopment Project and which property lies
wholly within the limits of the Village of Mount Prospect.
SECTION 3: That the Law Offices of Barry A. Springer be and it
is hereby authorized, empowered and directed to negotiate
personally or through its representatives for and on behalf of
said Village, with the owner or owners of the Subject Property
for the purchase thereof by the Village, and all negotiations
undertaken therefor and thusfar by said law firm are hereby
ratified and approved in their entirety.
SECTION 4: That in the event that said law firm or its agents is
unable to agree with the owners of the Subject Property as to the
compensation to be paid therefor, then fee simple title to and
possession of the Subject Property shall be acquired by the
Village of Mount Prospect by condemnation and the Law Offices of
Barry A. Springer, as attorney for the Village, is hereby
authorized, empowered and directed to institute proceedings in
any court of competent jurisdiction to acquire fee simple title
to and possession of the Subject Property for the Village in
accordance of the eminent domain laws of the State of Illinois
and the ordinances of the Village of Mount Prospect.
SECTION 5: This Ordinance shall be in full force and effect from
and after its passage and approval as provided by law.
PASSED the following roll call vote
this 7th day of ,]an,ary 199_2_
AYES: Busse. Clowes, Corcoran, Floros. Hoefert, Wilks
NAYS: None
ABSENT: None
ABSENT FROM COMMENT AND VOTE: None
APPROVED this 7th day of ,]an.~ry 199_2_
~v±rlago Pr~s~den~ /
Village Clerk
LOT 1 IN WILLE'S RECONSOLIDATION PLAT OF LOTS 1 A_ND 2 IN WILLE'S CONSOLIDATED
PLAT OF LOTS 2 TO 12. BOTH INCLUSIVE. IN BLOCK 2 IN BUSSE /LN'D WILLE'S
RESUBDIVISION IN MOU~ PROSPECT A SI~DIVISIDN IN THE WEST 1/2 OF SECTION 12,
TOWNSHIP 41 NORTH. RA/qGE 11 EAST OF THE THIRD PRINCIPAL P[ERIDI~2N, ACCORDING TO
PLAT THEREOF REGISTERED IN THE OFFICE OF THE REGISTR~ OF TITLES OF COOK COU1TTY,
ILLINOIS ON NO¥~MBER 9, 1979 AS DOCUMEN~ NO. LR3130193
(commonly known as 100-108 W. Northwest Highway, Mount Prospect, IL)
EXHIBIT A