HomeMy WebLinkAboutRes 29-86 08/05/1986
RESOLUTION NO~
29-86
A RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT
BETWEEN THE VILLAGE OF MOUNT PROSPECT AND
WICKES COMPANIES, INC.
WHEREAS, the Village of Mount Prospect is the owner of a certain
jogging path located in the Kensington Center for Business; and
WHEREAS, Wickes Companies, Inc. is the owner of property located
within the Kensington Center for Business; and
WHEREAS, Wickes Companies, Inc. has requested the corporate
authorities of the Village of Mount Prospect to enter into an
Indemnification Agreement, indemnifying the Village from any and all
responsibility resulting from the encroachment of a parking lot
across Village owned property known as the jogging path.
WHEREAS, the corporate authorities of the Village of Mount Prospect
have determined that it would be in the best interests of the
Village to enter into an indemnification agreement with Wickes
Companies, Inc., holding the Village harmless as a result of said
encroachment.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: That the Mayor is hereby authorized to sign and
the Clerk authorized to attest her signature on the Agreement
between the Village of Mount Prospect and Wickes Companies, Inc.
indemnifying and holding the Village harmless as a result of an
encroachment across Village owned property commonly known as the
jogging path within the Kensington Center for Business.
SECTION TWO: That this Resolution shall be in full force and
effect from and after its passage and approval in the manner
provided by law.
AYES:
Arthur, Floras, Murauskis, Van Geem, Wattenberg
NAYS:
None
ABSENT: Farley
PASSED and APPROVED this
5th
day of
August
, 1986.
ATTEST:
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Caroly~H. Krause
Mayor
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Carol A. Fields'
Village Clerk