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HomeMy WebLinkAbout6. New Business 04/17/2012Village of Mount Prospect Mount Prospect, Illinois INTEROFFICE MEMORANDUM TO: MICHAEL E. JANONIS, VILLAGE MANAGER FROM: FINANCE DIRECTOR DATE: APRIL 11, 2012 SUBJECT: RESERVATION OF PRIVATE ACTIVITY BOND VOLUME CAP PURPOSE: To present for Village Board consideration an ordinance that would reserve the Village's 2012 private activity bond volume cap. BACKGROUND: The Internal Revenue Code allows state and local governments to issue tax - exempt debt for the benefit of certain qualified private development projects. These projects include the acquisition or construction of industrial facilities and apartments for low and moderate - income families. The amount of such private activity debt issued in 2012 cannot exceed the equivalent of $95.00 per resident. The Village's private activity bond volume cap is currently $5,145,865 (based on a population of 54,167 as captured by the U.S. Census Bureau). DISCUSSION: According to state statute, any volume cap not reserved or committed by a municipality by April 30 is automatically transferred to the State of Illinois. If a community does not have any specific projects that would qualify for the tax exempt financing, it can cede, or transfer, the volume cap to another community. It has become common for municipalities to transfer their unused volume cap to other municipalities in exchange for a fee if a demand exists. This has not been the case though for several years. When a fee is provided in exchange for the volume cap, the ultimate beneficiary of the tax - exempt financing is responsible for payment. The amount of the fee paid depends upon the economy and the current interest rate environment. The Village has in the past received between 1 -2% for the sale of its volume cap. The Village has a total of $5,145,865 of private activity bond volume cap it must reserve by April 30 or it will be transferred to the State of Illinois. The Village 2012 Private Activity Bond Volume Cap April 12, 2012 Page 2 of 2 can choose to hold onto the volume cap after it is reserved until a project is identified. The cap may also be carried over for up to three years depending on the type of project being considered. There are currently no local projects at this time placing a request on the Village's volume cap. RECOMMENDATION: It is recommended the Village Board adopt the attached ordinance reserving the Village's private activity bond volume cap for 2012. DAVID O. ERB FINANCE DIRECTOR DOE/ I: \Private Activity Bonds\2012 \Reservation Cover Memo - April 2012.docx ORDINANCE No. AN ORDINANCE RESERVING VOLUME CAP IN CONNECTION WITH PRIVATE ACTIVITY BOND ISSUES, AND RELATED MATTERS. WHEREAS, the Village of Mount Prospect, Cook County, Illinois (the "Municipality "), is a municipality and a home rile unit of government under Section 6 of Article VII of the 1970 Constitution of the State of Illinois; and WHEREAS, Section 146 of the Internal Revenue Code of 1986, as amended (the "Code"), provides that the Municipality has volume cap equal to $95.00 per resident of the Municipality in each calendar year, which volume cap may be reserved and allocated to certain tax - exempt private activity bonds; and WHEREAS, the Illinois Private Activity Bond Allocation Act, 30 Illinois Compiled ,Statutes 1998, 345/1 et seq., as supplemented and amended (the "Act "), provides that a home rile unit of government may transfer its allocation of volume cap to any other home rile unit of government, the State of Illinois or any agency thereof or any non -home rile unit of government; and WHEREAS, it is now deemed necessary and desirable by the Municipality to reserve all of its volume cap allocation for calendar year 2012 to be applied toward the issuance of private activity bonds (the `Bonds "), as provided in this Ordinance, or to be transferred, as permitted by this Ordinance; NOW, THEREFORE, Be It Ordained by the President and the Board of Trustees of the Village of Mount Prospect, Cook County, Illinois, as follows: &('TZox 1. That, pursuant to Section 146 of the Code and the Act, the entire volume cap of the Municipality for calendar year 2012 is hereby reserved by the Municipality, which shall issue the Bonds using such volume cap, or shall use or transfer such volume cap, without any further action required on the part of the Municipality, and the adoption of this Ordinance shall be deemed to be an allocation of such volume cap to the issuance of the Bonds or such other bonds; provided, that any such transfer shall be evidenced by a written instrument executed by the Mayor or any other proper officer or employee of the Municipality. &('TZox 2. That the Municipality shall maintain a written record of this Ordinance in its records during the term that the Bonds or any other such bonds to which such volume cap is allocated remain outstanding. &( 3. That the President, the Village Clerk and all other proper officers, officials, agents and employees of the Municipality are hereby authorized, empowered and directed to do all such acts and things and to execute all such documents and certificates as may be necessary to further the purposes and intent of this Ordinance. &('Tiox 4. That the provisions of this Ordinance are hereby declared to be separable, and if any section, phrase or provision of this Ordinance shall for any reason be declared to be invalid, such declaration shall not affect the remainder of the sections, phrases and provisions of this Ordinance. &('Tiox 5. That all ordinances, resolutions or orders, or parts thereof, in conflict herewith are, to the extent of such conflict, hereby superseded; and that this Ordinance shall be in full force and effect upon its adoption and approval. AYES: NAPES: ABSENT: PASSED and APPROVED this day of April, 2012. Irvana K. Wilks Village President ATTEST: [SEAL] M. Lisa Angell Village Cleric ORDINANCE NO. AN ORDINANCE RESERVING VOLUME CAP IN CONNECTION WITH PRIVATE ACTIVITY BOND ISSUES, AND RELATED MATTERS. Passed and approved by the President and Board of Trustees the day of April, 2012. Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the day of April, 2012. Village of Mount Prospect Mount Prospect, Illinois INTEROFFICE MEMORANDUM TO: MAYOR IRVANA WILKS BOARD OF TRUSTEES FROM: MICHAEL E. JANONIS DATE: APRIL 12, 2012 SUBJECT: ROADSIDE MEMORIAL DISPLAYS Unfortunately, tragedy too often strikes families, friends and sometimes communities as a whole when a motorist or pedestrian loses his or her life in a traffic related accident. Roadside memorials honoring the deceased are a common part of the grieving process. Additionally, displays of recognition for individuals who succumb to illness (especially young people) have become more commonplace. The Village Board discussed this subject at its March 27 Committee of the Whole meeting and directed staff to draft an appropriate ordinance. The purpose of this Ordinance is NOT to prohibit such memorials or displays. Rather it establishes some reasonable and sensitive regulations regarding the location and time limits on such recognition efforts. Penalties or fines are NOT contemplated as an outcome of this Ordinance. Allowing the Village the ability to remove such displays after a reasonable time frame is the bottom line focus of the regulation. Staff recommends approval of this Ordinance. MICHAEL E. JANONIS Village Manager ORDINANCE NO. AN ORDINANCE AMENDING CHAPTER 18 OF THE VILLAGE CODE OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS, REGARDING ROADSIDE MEMORIALS BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, PURSUANT TO ITS HOME RULE POWERS: SECTION 1: A new Section 18.1427, "Roadside Memorials ", shall be inserted in Article XIV, Miscellaneous Laws, of Chapter 18, Traffic, of the Mount Prospect Village Code, the remaining sections to be renumbered numerically, to be and read as follows: Section 18.1427 Roadside Memorials A. Definition Commemorated Event — the accident or other event that resulted in the memorial. Memorial — a memorial shall include objects that are intended to honor individuals, who have died, or an event in which people have died. B. Memorials on public rights of way within the Village are subject to the following requirements: 1. Location a. Memorials shall be located within five hundred feet (500) of the commemorated event. b. Memorials shall not be placed so as to interfere with the line of sight required for drivers and pedestrians to safely navigate the right of way, as described in Section 9.308 of the Village Code. c. Memorials shall not be installed in a median of any public roadway. d. Memorials shall not be located in, encroach upon, or be located in such a manner as to constitute a hazard to the health or safety of persons on any public right of way. 2. Time A memorial shall remain for no more than ninety (90) days from the date of the commemorated event, subject to removal by the Village after that period has expired. 3. Nuisance Any Memorial that is unsafe, insecure, or a menace to the public or has been constructed or is being maintained in violation of the provisions of this Section is hereby declared a nuisance, subject to removal by the Village. SECTION 2: This Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this day of , 2012. Irvana K. Wilks Mayor ATTEST: M. Lisa Angell Village Clerk 284288_1 1 RESOLUTION NO. A RESOLUTION DECLARING THE RESULTS OF A BINDING PUBLIC QUESTION TO DETERMINE WHETHER THE VILLAGE SHOULD HAVE THE AUTHORITY TO ARRANGE FOR THE SUPPLY OF ELECTRICITY FOR ITS RESIDENTIAL AND SMALL COMMERCIAL RETAIL CUSTOMERS WHO DO NOT OPT OUT OF SUCH A PROGRAM, WHICH QUESTION WAS ON THE MARCH 20. 2012 GENERAL PRIMARY ELECTION BALLOT WHEREAS, the March 20, 2012 ballot for the General Primary Election (Presidential Primary Ballot) included a referendum on a binding public question to determine whether the Village of Mount Prospect, Cook County, Illinois, should have the authority to arrange for the supply of electricity for its residential and small commercial retail customers who do not opt out of such a program pursuant to Section 3855/1 -92 of the Illinois Power Agency Act, 20 ILCS 3855/1 -92 (the "Referendum "); and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect do hereby declare the results of the Referendum for said Village. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE That pursuant to the Election Laws of the State of Illinois, the Referendum was on the March 20, 2012 General Primary Election (Presidential Primary Ballot). SECTION TWO That an official canvass was conducted on April 10, 2012 by the Cook County Clerk's Canvassing Board for the Village of Mount Prospect declaring that 5,880 ballots were counted as follows: Yes 3,448 No 2,432 SECTION THREE That the Referendum was approved by a majority vote of the electors voting, such that the Village of Mount Prospect is authorized to arrange for the supply of electricity for its residential and small commercial retail customers who do not opt out of such a program, pursuant to Section 3855/1 -92 of the Illinois Power Agency Act, 20 ILCS 3855/1 -92. SECTION FOUR: This Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this _ day of April, 2012. Irvana K. Wilks Mayor ATTEST: M. Lisa Angell Village Clerk l� Page 1 of 2 Cook County Clerk's Office Suburban Cook County Election Results Official Certificate of Results Back to Election Summary Results March 20, 2012 Presidential Primary Election Print Results The Cook County Clerk, having completed a canvass of all votes cast for Village of Mount Prospect - Electricity Referendum, hereby certifies the following vote totals: Candidates Percentage Votes YES 58.64% 3,448 NO 41.36% 2,432 Total: 100% 5,880 There being more YES votes than NO votes, the referendum succeeds. Below is the abstract of votes by precinct. Dated this April 10, 2012, David Orr, Cook County Clerk Township - Village of Mount Prospect - Electricity Referendum Township Registered Voters Ballots Cast rn Z 0 Elk Grove 15,628 Wheeling 14,853 Suburban Cook County Total 30,481 Precinct - Village of Mount Prospect - Electricity Referendum Precinct 3,435 1 1,235 3,614 1,599 1 7,049 3,448 2,432 Total Votes 3,084 2,796 5,880 http: / /electionnight. cookcountyclerk .com /Certificates.aspx ?eid= 32012 &rid = 344 &cook =True 4/12/2012 Registered Voters Ballots Cast M p Total Votes Elk Grove 1 642 154 83 53 136 Elk Grove 5 1,102 285 149 115 264 Elk Grove 7 840 216 130 76 206 Elk Grove 8 734 188 93 81 174 Elk Grove 10 1,065 300 169 109 278 Elk Grove 11 882 229 136 82 218 http: / /electionnight. cookcountyclerk .com /Certificates.aspx ?eid= 32012 &rid = 344 &cook =True 4/12/2012 Page 2 of 2 Elk Grove 16 918 208 128 72 200 Elk Grove 22 851 145 78 57 135 Elk Grove 25 717 207 113 78 191 Elk Grove 26 747 159 95 51 146 Elk Grove 27 1,097 244 123 91 214 Elk Grove 32 719 95 57 23 80 Elk Grove 34 1,257 315 174 123 297 Elk Grove 35 891 150 52 38 90 Elk Grove 38 757 89 33 23 56 Elk Grove 39 1,200 201 106 60 166 Elk Grove 50 581 75 36 33 69 Elk Grove 51 628 175 94 70 164 Wheeling 12 667 161 73 79 152 Wheeling 18 770 224 114 95 209 Wheeling 25 1,014 194 98 87 185 Wheeling 28 766 187 98 64 162 Wheeling 39 978 230 119 97 216 Wheeling 42 1,300 254 135 96 231 Wheeling 45 616 164 86 70 156 Wheeling 54 699 174 79 64 143 Wheeling 56 783 180 94 68 162 Wheeling 59 990 221 120 84 204 Wheeling 65 1,170 304 166 121 287 Wheeling 75 930 224 132 80 212 Wheeling 78 1,230 336 17 9 26 Wheeling 84 1,211 213 121 73 194 Wheeling 85 722 157 78 65 143 Wheeling 86 1,007 391 69 45 114 Suburban Cook County Total 30,481 7,049 3 2,432 5,880 httD:Helectionniiiht. cookcountvclerk .com /Certificates.asnx ?eid TO: MICHAEL E. JANONIS, VILLAGE MANAGER FROM: DIRECTOR OF COMMUNITY DEVELOPMENT DATE: MARCH.28, 2012 SUBJECT: PZ -26 -11 1 TERRACO, INC. 1601 S. BUSSE ROAD ! PLAT OF EASEMENT VACATION & PLAT OF EASEMENT DEDICATION The petitioner seeks approval of a Plat of Easement Vacation and Plat of Easement Dedication for the property located at 1601 S. Busse Road. The plats are required for the Final Planned Unit Development consisting. of an existing restaurant with a drive - through (Culver's) and a new mixed -use building that was approved on the subject property. The plats will vacate an existing water main easement and dedicate a new water main easement along the east property line. Staff has reviewed the plats and found that they were prepared according to all Village codes and requirements: Please forward this memorandum. and attachments to the Village Board for their review and consideration at their April 17, 2012 meeting. Staff will be present to answer any questions related to this matter. W �Qlr � . William J. Cooney, Jr., ICP RTLAMPIanning &Zoning COMMtP&Z20I21MEJMa T7,26•111601 &Bn Rd(PULa1E�t Vacation &Dadicatian).doax MORTGAGEE'S CONSENT TO RECORD PLAZA UNITED 1 CULVER'S PLAT OF WATERMAIN EASEMENT VACATION: MORTGAGEE'S CONSENT CERTIFICATE: STATE OF ILLINOIS COUNTY OF Cook BMO Harris Bank N.A. F /K /A Harris N.A. HEREBY CERTIFIES THAT AS HOLDER OF A MORTGAGE RECORDED IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS, ON 3/2/2007 AS DOCUMENT NUMBER 0706133192 ^ , IT HEREBY CONSENTS TO THE RECORDING OF THE PLAT OF WATERMAIN EASEMENT VACATION FOR THE VACATION OF THAT PART OF AN EXISTING EASEMENT FOR WATERMAIN PURPOSES GRANTED TO THE VILLAGE OF MOUNT PROSPECT, RECORDED AS DOCUMENT NO.'S 89223948 AND LR3800490, BEING PART OF LOT 2 IN PLAZA UNITED RESUBDIVISION OF LOT ONE OF PLAZA UNITED, A RESUBDIVISION OF PART OF THE NORTHEAST QUARTER OF SECTION 22 AND PART OF THE NORTHWEST QUARTER OF SECTION 23, BOTH IN TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RESUBDIVISION RECORDED ON JUNE 25, 1996 AS DOCUMENT NO. 96489523, ALL IN COOK COUNTY, ILLINOIS, AS PER THE DOCUMENT TITLED "PLAZA UNITED / CULVER'S PLAT OF WATERMAIN EASEMENT VACATION" PREPARED BY HAEGER ENGINEERING, LLC DATED OCTOBER 13, 2011 ( JOB NO - 8G1). BY: , � ATTEST: si dqature Signature c�as�r (� C o�Te�..f �.(/' • Gr�ll'1�' CJ� /I� S �{� Printed Name & Title Printed Name & Title NOTARY PUBLIC CERTIFICATE: STATE OF ILLINOIS ) COUNTY OF � ) I, L Y (\ n Ck L FL K� A NOTARY PUBLIC IN A ND FOR SAID CO NTY IN THE STATE FOR\\E__SAID, DO H REBY CERTIFY THAT JQSO Ci �t AND �S OF L�rnO ��(�S IV.I Y- PER SONALLY KNOWN TO ME TO BE THE SAME PERSONS WHOSE NAMES ARE ( SUBSCRIBED TO THE FOREGOING INSTRUMENT AS AND �. U .P. 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. GIVEN UNDER MY HAND AND NOTORIAL SEAL THIS DAY OF I� CF , A.D. 201) MY COMMISSION EXPIRES: _ � DOWNICALLEVATO NOTARY PUBLIC - STATE OF ILLINIOIS NOTARY PUBLIC M4YCOWSSIOH 5.1005 MORTGAGEE'S CONSENT TO RECORD PLAZA UNITED 1 CULVER'S PLAT OF WATERMAIN EASEMENT VACATION: MORTGAGEE'S CONSENT CERTIFICATE: STATE OF ILLINOIS COUNTY OF 0 k HEREBY CERTIFIES THAT AS HOLDER OF A MORTGAGE RECORDED IN THE O ICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS, ON _._. :::�� I r.,-,?— 0 AS DOCUMENT NUMBER __. 000 10,0 3y 2 1 _ IT HEREBY CONSENTS TO THE RECORDING OF THE PLAT OF WATERMAIN EASEMENT VACATION FOR THE VACATION OF THAT PART OF AN EXISTING EASEMENT FOR WATERMAIN PURPOSES GRANTED TO THE VILLAGE OF MOUNT PROSPECT, RECORDED AS DOCUMENT NO.'S 89223948 AND LR3800490, BEING PART OF LOT 2 IN PLAZA. UNITED RESUBDIVISION OF LOT ONE OF PLAZA UNITED, A RESUBDIVISION OF PART OF THE NORTHEAST QUARTER OF SECTION 22 AND PART OF THE NORTHWEST QUARTER OF SECTION 23, BOTH IN TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RESUBDIVISION RECORDED ON JUNE 25, 1996 AS DOCUMENT NO. 96489523, ALL IN COOK COUNTY, ILLINOIS, AS PER THE DOCUMENT TITLED "PLAZA UNITED 1 CULVER'S PLAT OF WATERMAIN EASEMENT VACATION" PREPARED BY HAEGER ENGINEERING, LLC DATED OCTOBER 13, 2011 (JOB NO. 03- 148G1). BY: igna re 14 4sm, , Printed Name & Title ATTES Signature Printed Name & Title NOTARY PUBLIC CERTIFICATE: STATE OF ILLINOIS ) COUNTY OF � ) I, - � R z„ , A NOTARY PUBLIC IN AND FOR SAID COUNTY IN THE STATE AFORESAID DO HEREBY CERTIFY THAT AJ IA Z AND Itt t q! t r OF I PERSONALLY KNOWN TO ME TO BE THE SAME PERSONS WHOSE NAMES ARE SUBSCRIBED TO THE FOREGOING INSTRUMENT AS AND 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. GIVEN UNDER MY HAND AND NOTORIAL S EAL THIS &t DAY 017 A.D. 2011. MY COMMISSION EXPIRES: / // 20 /S W'v "OFFIC1ALSEAL7 A1SHA KEYS > NOTi�RYPtJBUC- STATED ILUNOfS OTARY P LIC V WOOd MISSIONEXPIPft04 -M2015 MORTGAGEE'S CONSENT TO RECORD PLAZA UNITED 1 CULVER'S PLAT OF WATERMAIN EASEMENT: MORTGAGEE'S CONSENT CERTIFICATE: STATE OF ILLINOIS COUNTY OF Cook BMO Harris Bank N.A. F /K /A Harris N.A. HEREBY CERTIFIES THAT AS HOLDER OF A MORTGAGE RECORDED IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS, ON 3/2/2007 AS DOCUMENT NUMBER 0706133192 , IT HEREBY CONSENTS TO THE RECORDING OF THE PLAT OF WATERMAIN EASEMENT GRANT FOR THE GRANT OF A WATER MAIN EASEMENT TO THE VILLAGE OF MOUNT PROSPECT, ITS SUCCESSORS AND ASSIGNS, AS PER THE DOCUMENT TITLED "PLAZA UNITED / CULVER'S PLAT OF WATERMAIN EASEMENT" PREPARED BY HAEGER ENGINEERING, LLC DATED OCTOBER 13, 2091 (JOB NO. 03- 1481-11). nature Signature a , R y Printed Name & Title Printed Name & Title NOTARY PUBLIC CERTIFICATE: STATE OF ILLINOIS } } COUNTY OF � } I, �2iM t n l �L I L-k) U D A NOTARY PUBLIC IN AND FOR PAID COUNTY IN THE STATE AFORESAID, DO HEREBY CERTIFY THAT SD 1 LOD,+e S AND � Y i �R +� ! S OF e) r�fl h I lm� PER SONALLY KNOWN TO ME TO BE THE SAME PERSONS WHOSE NAM &S AREPUBSCRIBED TO THE FOREGOING INSTRUMENT AS y AND 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. GIVEN UNDER MY HAND AND NOTORI L L1 AL THIS �P DAY OF I�[1`Cr/L A.D. 2011 MY COMMISSION EXPIRES: S aD1 Ol'FIClAL AL L DOMENICA L LEVATO NOTAW PUBLIC - STATE OF UAW W C(MyNU ISSION EXPRES:10WiG NOTARY PUBLIC MORTGAGEE'S CONSENT TO RECORD PLAZA UNITED 1 CULVER'S PLAT OF WATERMAIN EASEMENT: MORTGAGEE'S CONSENT CERTIFICATE: STATE OF ILLINOIS COUNTY OF 00 /< HEREBY CERTIFIES THAT AS HOLDER OF A MORTGAGE RECORDED IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS, ON AS DOCUMENT NUMBER IT HEREBY CONSENTS TO THE RECORDING OF THE PLAT OF WATERMAIN EASEMENT GRANT FOR THE GRANT OF A WATER MAIN EASEMENT TO THE VILLAGE OF MOUNT PROSPECT, ITS SUCCESSORS AND ASSIGNS, AS PER THE DOCUMENT TITLED "PLAZA UNITED 1 CULVER'S PLAT OF WATERMAIN EASEMENT" PREPARED BY HAEGER ENGINEERING, LLC DATED OCTOBER 13, 2011 (JOB NO. 03- 148H1). BY: ATTEST i at Signature Pr Anted Name & T le Printed Name & Title NOTARY PUBLIC CERTIFICATE: STATE OF ILLINOIS } COUNTY OF } A NOTARY PUBLIC IN AND FOR SAID COUNTY IN THE STATE AFORESAID, DO HEREBY CERTIFY THAT AND �r�Ylll� �4!'tiSini OF PERSONALLY KNOWN TO ME TO BE THE SAME PERSONS WHOSE NAMES ARE SUBSCRIBED TO THE FOREGOING INSTRUMENT AS AND 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. GIVEN UNDER MY HAND AND NOTORIAL SEAL THIS DAY OF A. D. 2011. I MY COMMISSION EXPIRES: _ _ � I Q/ L 1 ,. FSEAL' � ' KOTARYPUSUC -S1 OFUNOIS E NOTARY BL C MYWIMMMIONIXPIF 04-09 -q1S P.I.H. Ho. 0! -5340 VI L 0 P.I.H. N H -2N -pa (- I) PLAZA UNITED / CULVER'S PLAT OF WATERMAIN EASEMENT OF E ME �w..ra �xawur r �..... ,..�....�..�...,, - - — - R - E - E - T - � !0 SCALE: I' �p. i.. wna< �ce�� :..nor.�...e.�ew.e'r�..��•••• •o..�.wun P.I.N. W. W- taa00- 0141PXICEL i! P.I.N. No. N- Paaeea6lP�L 9 1� 1� PLAZA UNITED / CULVER'S PLAT OF WATERMAIN EASEMENT VACATION n OF FM-P97 El R — S-� -- __ ,^..---- --- S-- T- R-FE - 7 - -- -� 1 �� ^' �� kae•se•ro•[ S I Wafer Main ...,, r.-.. Easement Vacatfan rfl' /Ar' r for Percal2 k 1 PARCEL a L � � � 1 y :• ::r..w..r. ; e�8 ti :r r NL i I 1 I I ` 1 I I ..... ^. ...cn s - wwu�s mrrrrare :rre w ..etas r rxn : xm aa..,urer. uam rno wvmm . m ..........:.. Water Man Easement Vamtlan for Parnell :.. s.W wn nw� .... r,rw, .,,nr,..0 •wr I � I \ I I I I 3 ;I� I !I I / f I 2 I� I� I# I� I� I� N SCALE: 1' • SO' DETAIL W Scaly 1 1'. 30' Parcel 1 Easement Vacation 1 ._ . �a ,..r rya . , F = r=.. �a: I �I i� Water Man Easement Vamtlan for Parnell :.. s.W wn nw� .... r,rw, .,,nr,..0 •wr I � I \ I I I I 3 ;I� I !I I / f I 2 I� I� I# I� I� I� N SCALE: 1' • SO' DETAIL W Scaly 1 1'. 30' Parcel 1 Easement Vacation 1 ._ . �a ,..r rya . , F = r=.. �a: :7x•Y�A1)t�[�7���[�a A RESOLUTION APPROVING A PLAT OF EASEMENT VACATION AND PLAT OF EASEMENT DEDICATION FOR PROPERTY LOCATED AT 1601 SOUTH BUSSE ROAD, MOUNT PROSPECT, ILLINOIS WHEREAS, TERRACO, INC. ( "Petitioner ") has requested approval of a Plat of Easement Vacation and Plat of Easement Dedication for the property located at 1601 SOUTH BUSSE ROAD, Mount Prospect, Illinois commonly known as Plaza United /Culver's ( "Property"); and WHEREAS, the Petitioner is seeking to vacate existing water main easements and dedicate new water main easements along the east property line; and WHEREAS, the Plat of Easement Vacation, vacates the existing twenty (20') foot wide watermain easement for parcel one (1) and the existing twenty (20') foot wide watermain easement for parcel two (2) of the "Property' as legally described in the Plat of Easement Vacation attached as Exhibit "A "; and WHEREAS, the Plat of Easement Dedication, dedicates the new twenty (20') foot wide watermain easement for Parcel One (1) and the new twenty (20') foot wide watermain easement for Parcel Two (2) of the "Property" as legally described in the Plat of Easement Dedication attached as Exhibit "B." NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That the vacation of the existing twenty (20') foot wide watermain easement of Parcel One (1) and the vacation of the existing twenty (20') foot wide watermain easement of Parcel Two (2) at 1601 South Busse Road and the Plat of Easement Vacation attached as Exhibit "A" and Mortgagee's Consent to record Plaza United /Culver's Plat of Watermain Easement Vacation are hereby approved for appropriate execution and recording. Such Plat, its legal description and Mortgagee's consent are incorporated into and made part of this resolution. SECTION TWO: That the dedication of the new twenty (20') foot wide watermain easement for Parcel One (1) and the dedication of the new twenty (20') foot wide watermain easement for Parcel Two (2) at 1601 South Busse Road and the Plat of Easement Dedication attached as Exhibit "B" and Mortgagee's Consent to record Plaza United /Culver's Plat of Watermain Easement Dedication are hereby approved for appropriate execution and recording. Such Plat, its legal description and Mortgagee's consent are incorporated into and made part of this resolution. SECTION THREE: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this day of April, 2012. Irvana K. Wilks Mayor ATTEST: M. Lisa Angell Village Clerk P.I.N. W. W- taa00- 0141PXICEL i! P.I.N. No. N- Paaeea6lP�L 9 1� 1� PLAZA UNITED / CULVER'S PLAT OF WATERMAIN EASEMENT VACATION n OF FM-P97 El R — S-� -- __ ,^..---- --- S-- T- R-FE - 7 - -- -� 1 �� ^' �� kae•se•ro•[ S I Wafer Main ...,, r.-.. Easement Vacatfan rfl' /Ar' r for Percal2 k 1 PARCEL a L � � � 1 y :• ::r..w..r. ; e�8 ti :r r NL i I 1 I I ` 1 I I ..... ^. ...cn s - wwu�s mrrrrare :rre w ..etas r rxn : xm aa..,urer. uam rno wvmm . m ..........:.. Water Man Easement Vamtlan for Parnell :.. s.W wn nw� .... r,rw, .,,nr,..0 •wr I � I \ I I I I 3 ;I� I !I I / f I 2 I� I� I# I� I� I� N SCALE: 1' • SO' DETAIL W Scaly 1 1'. 30' Parcel 1 Easement Vacation 1 ._ . �a ,..r rya . , F = r=.. �a: I �I i� Water Man Easement Vamtlan for Parnell :.. s.W wn nw� .... r,rw, .,,nr,..0 •wr I � I \ I I I I 3 ;I� I !I I / f I 2 I� I� I# I� I� I� N SCALE: 1' • SO' DETAIL W Scaly 1 1'. 30' Parcel 1 Easement Vacation 1 ._ . �a ,..r rya . , F = r=.. �a: P.I.H. Ho. 0! -5340 VI L 0 P.I.H. 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