The URL can be used to link to this page

Home My WebLink About7.2 1st Reading of an Ordinance Authorizing a Reimbursement Agreement - Part of the Prospect and Main TIF DistrictBoardDocs® Pro Page I of 2 Agenda Item Details Meeting Sep 04, 2018 - REGULAR MEETING OF THEM UT PROSPECT VILLAGE BOARD - 7:00 p.m. Category 7. NEW BUSINESS Subject 7.2 1st reading of AN ORDINANCE AUTHORIZING A REIMBURSEMENT AGREEMENT FOR THE PTI & RAFFAELLI PROPERTY COMPRISING A PART OF THE PROSPECT AND MAIN TIF DISTRICT Access Publi; Type Action, Procedural Preferred Date Sep 04, 201(V Absolute Date Sep 04, 201(V Dollar Amount 3f111f11'1.00 Budgeted Ye*1 Budget Source Series 2017 TIF bond issug Recommended Action Approve an Ordinance Authorizing a Reimbursement Agreement for the Parenti & Raffaelli Property Comprising a Part of the Prospect and Main TIF District Public Content Information On August 21, 2018 the Village Board approved a request form Parenti and Raffaeli, Ltd. for reimbursement of eligible TIF expenses in an amount of $3,000,000. As previously summarized at that August 21 meeting, Parenti and Raffaeli Ltd. (Parenti) moved their architectural millworking facility out of the downtown district to the Kensington Business Park in the fall of 2017. This move opens up the block for redevelopment, as detailed in the Downtown Implementation Plan (Plan) that was completed in 2013. The Village worked with Parenti for several years on relocation options and were successful in those efforts when Nicholas and Associates assisted in a Parenti relocation to the Kensington Business Park. The Village was not included in this transaction. However, a key part of the relocation plan included the Village providing financial assistance to Parenti for eligible Tax Increment Financing (TIF) expenses associated with their move. Parenti has submitted an updated list of relocation expenses which total $4.66 million. This number reflects actual costs (not estimates) and has been vetted by the Village's legal team to ensure eligibility. Parenti's total investment in their new facility exceeded $10 million. Although the legal team has determined the list submitted by Parenti and included within Attachment A includes all eligible expenses, the Village Board authorized the reimbursement of $3 million to Mr. Parenti, as recommended by staff at the Augus� 21 Village Board meeting. The attached Ordinance authorizes the Reimbursement Agreement for the Parenti & Raffaelli property, referencing Attachment A: Reimbursement Agreement in an amount not to exceed $3,000,000. Alternatives 1. Approve the Ordinance authorizing a Reimbursement Agreement for the Parenti & Raffaelli Property Comprising a Part of the Prospect and Main TIF District. 2. Action at discretion of Village Board. https://www.boarddocs.com/il/vomp/Board.nsf/Public 9/7/2018 BoardDocs® Pro Gi-dIii iii aiii (".e AIIG-)IIIA, 11"Oiii rlgIlf,, iii iir u iii iir iii iAgiii -eelire niii "i..,, 8 3 8 d f 8 K A Agii-eet"n&a-i.:- f:Xtf K[:.13) Administrative Content Executive Content Motion & Voting Page 2 of 2 Approve an Ordinance Authorizing a Reimbursement Agreement for the Parenti & Raffaelli Property Comprising a Par"i of the Prospect and Main TIF District I Motion by Michael Zadl, second by Richard Rogers. Final Resolution: Motion Carries Yea: William Grossi, Eleni Hatzis, Richard Rogers, Colleen Saccotelli, Michael Zadel Nay: Paul Hoefert https://www.boarddocs.com/il/vomp/Board.nsf/Public 9/7/2018 ORDINANCE NO. AN ORDINANCE AUTHORIZING A REIMBURSEMENT AGREEMENT FOR THE PARENTI & RAFFAELLI PROPERTY COMPRISING A PART OF THE PROSPECT AND MAIN TIF DISTRICT OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS NOW, THEREFORE, BE IT ORDAINED, by the Mayor and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois, as follows: SECTION 1: The Mayor and Board of Trustees of the Village find as follows: A. The Village of Mount Prospect ("Village") is a home rule municipality pursuant to Section 7 of Article VI I of the Constitution of the State of Illinois. B. The State of Illinois has adopted tax increment financing pursuant to the Tax Increment Allocation Redevelopment Act, 65 1 LCS 5/11-74.4-1, et seq., as amended from time to time ("TIF Act"). C. Pursuant to its powers and in accordance with the TIF Act, and pursuant to Ordinance Nos. 6293, 6294 and 6295, adopted January 17, 2017, the Prospect and Main Tax Increment Financing District ("TIF District") was formed as a TIF district, for a twenty-three (23) year period. Ordinance Nos. 6293, 6294 and 6295 are incorporated herein by reference. D. Pursuant to and in accordance with the TIF Act and the Ordinances establishing the TIF District, the Corporate Authorities of the Village are empowered under the TIF Act to pay the relocation costs of property owners leaving the TIF District in order to make property available for redevelopment in conformity with the TIF District's redevelopment plan and project. E. The Village desires to reimburse Parenti & Raffaelli, Ltd. ("Owner") for certain relocation costs incurred by the Owner relative to its relocation from property in the TIF District, at 215 — 225 East Prospect Avenue, Mount Prospect, Illinois ("Property"), to property outside of the TIF District, in order to make the Property available for redevelopment in conformity with the TIF District's redevelopment plan and project. F. It is the desire of the Village and the Owner that the Owner receive reimbursement for certain relocation costs incurred by the Owner on the terms set forth in the "Reimbursement Agreement for the Parenti & Raffaelli Property Comprising a Part of the Prospect And Main TIF District of the Village of Mount Prospect, Illinois," attached hereto as EXHIBIT A and made a part hereof ("Agreement"). 401196_1 G. It is in the best interest of the Village to enter into the Agreement, to ensure that redevelopment within the TIF District continues. SECTION 2: Based upon the foregoing, the Village Mayor, Village Clerk and Village Manager, or their designees, be and are hereby authorized and directed to execute the Agreement and perform the Village's obligations thereunder, and they are further authorized and directed to execute and deliver such other instruments, including the Agreement, as may be necessary or convenient to consummate such purchase. SECTION 3: This Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form as provided by law. ADOPTED this day of 2018, pursuant to a roll call vote as follows: AYES: NAYS: ABSENT: APPROVED this day of , 20187 by the Village Mayor of the Village of Mount Prospect, and attested by the Village Clerk, on the same day. Village Mayor APPROVED and FILED in my office this day of , 2018 and published in pamphlet form in the Village of Mount Prospect, Cook County, Illinois. ATTEST: Village Clerk 401196_1 2 W14:11:lkril REIMBURSEMENT AGREEMENT FOR THE PARENTI & RAFFAELLI PROPERTY COMPRISING A PART OF THE PROSPECT AND MAIN TIF DISTRICT OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS (attached) 396489_1 REIMBURSEMENT AGREEMENT FOR THE PARENTI & RAFFAELLI PROPERTY COMPRISING A PART OF THE PROSPECT AND MAIN TIF DISTRICT OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS This REIMBURSEMENT AGREEMENT FOR THE PARENTI & RAFFAELLI PROPERTY COMPRISING A PART OF THE PROSPECT AND MAIN TIF DISTRICT OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS ("Agreement") is made and entered into as of the w day of ,��r — , 2018 ("Effective Date") by and between the Village of Ifi/lount Prospect, Illinois, an Illinois home rule municipal corporation ("Village") and Parenti & Raffaeli, Ltd., an Illinois corporation ("Owner"). The Village and the Owner are sometimes referred to herein individually as a "Party," and collectively as the "Parties." WITNESSETH: IN CONSIDERATION of the Preliminary Statements, the mutual covenants herein contained, and other good and valuable consideration, the sufficiency and receipt of which is hereby acknowledged, the Parties hereto agree as follows: I. PRELIMINARY STATEMENTS Among the matters of mutual inducement which have resulted in this Agreement are the following: A. The Village is a home rule unit of government in accordance with Article VII, Section 6 of the Constitution of the State of Illinois, 1970. B. The Village has the authority, pursuant to the laws of the State of Illinois, including 65 ILCS 5/8-1-2.5, to promote the health, safety and welfare of the Village and its inhabitants, to prevent the presence of blight, to encourage private development in order to enhance the local tax base and increase additional tax revenues realized by the Village, to foster increased economic activity within the Village, to increase employment opportunities within the Village, and to enter into contractual agreements with third parties for the purpose of achieving the aforesaid purposes, and otherwise take action in the best interests of the Village. C. The Village is authorized under the provisions of the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1, et seq., as amended ("Act"), to finance redevelopment in accordance with the conditions and requirements set forth in the Act. D. Pursuant to Ordinance Numbers 6293, 6294 and 6295, adopted January 17, 2017, the Village designated the tax increment redevelopment project 4011923 1 area ("Redevelopment Project Area"), approved a tax increment redevelopment plan and project ("TIF Plan"), and adopted tax increment financing relative to the Village's Prospect and Main Tax Increment Financing District ("TIF District"); said TIF District being legally described and depicted as set forth in EXHIBIT A-1 and EXHIBIT A-, respectively, attached hereto and made part hereof. E, There is certain real estate located within the Redevelopment Project Area, said property being legally described on EXHIBIT B, attached hereto and made a part hereof, known as 215 — 225 East Prospect Avenue, Mount Prospect, Illinois 60056 ("Property"). F. The Owner relocated from the Property to make it available for redevelopment in furtherance of the TIF Plan and with a higher and better use. G. In order for the Owner to relocate from the Property and make it available for redevelopment within the Redevelopment Project Area, the Owner paid reasonable and necessary relocation costs, and the Owner paid the reasonable and necessary relocation costs based on an understanding that a portion of such costs would be reimbursed to the Owner by the Village. H. It is necessary for the successful completion of the TIF Plan that the Village enter into this Agreement with the Owner to provide reimbursement for a portion of the Owner's reasonable and necessary relocation costs paid to make the Property available for redevelopment, as set forth in EXHIBIT C attached hereto and made a part hereof ("TIF Eligible Redevelopment Costs"). "TIF Eligible Redevelopment Costs" means a portion of the costs of reasonable and necessary relocation paid by the Owner relative to the Property permitted to be reimbursed as a "redevelopment project cost" in Section 3(q) of the TIF Act, 65 ILCS 5/11- 74.4-3(q), by the Village, which are provided for in EXHIBIT C, and which are limited to the extent the costs in EXHIBIT C were incurred relative to the rehabilitation, reconstruction or repair or remodeling of an existing private building, and to the extent the purchase of equipment in EXHIBIT C is limited to fixtures, excluding, however, non -fixture equipment and personal property. II. RELOCATION REIMBURSEMENT A. Amount. The Village shall reimburse Owner for TIF Eligible Redevelopment Costs in an amount not to exceed Three Million and No/100 Dollars ($3,000,000.00) ("Funding Cap"). The total amount paid by the Village to the Owner shall not exceed the Funding Cap. 4011923 2 The Owner shall submit a sworn request for payment of the TIF Eligible Redevelopment Costs to the Village using the form attached hereto as EXHIBIT D and made a part hereof. The Owner's request shall affirm that the costs requested for reimbursement by the Owner qualify as "redevelopment project costs" under Section 3(q) the TIF Act, 65 ILCS 5/11-74.4-3(q). The Owner's request shall include documentation establishing that the Owner has paid for and incurred the TIF Eligible Redevelopment Costs prior to the date of the request. The Owner shall timely provide additional documents and materials as requested by the Village with regard to the request. Unless the Village has good cause to believe that the Owner's request for reimbursement seeks reimbursement for non -TIF Eligible Redevelopment Costs, the Village shall pay the request for reimbursement within sixty (60) days. If the Village elects to withhold or deny such payment, the Village shall promptly (and in any event not later than the date payment would otherwise have been due) advise the Owner in writing as to the specific basis for the Village's position. 2. The Village's duty to pay the Owner is not a general obligation of the Village, and the Village's full faith and credit are not pledged or encumbered to provide the Owner with payment of the TIF Eligible Redevelopment Costs. III. COVENANTS, REPRESENTATIONS AND WARRANTIES OF OWNER The Owner covenants, represents, warrants and agrees as the basis for the undertakings on its part herein contained that as of the Effective Date and during the term of the Agreement: A. No Gifts. The Owner covenants that no director, employee or agent of the Owner, or any other Person connected with the Owner, has made, offered or given, either directly or indirectly, to any member of the Corporate Authorities, or any officer, employee or agent of the Village, or any other Person connected with the Village, any money or anything of value as a gift or bribe or other means of influencing his or her action in his or her capacity with the Village. B. Disclosure. Concurrently with execution of this Agreement, the Owner shall disclose to the Village the names, addresses and ownership interests of all Persons that have an ownership interest in the Owner, together with such supporting documentation that may be reasonably requested by the Village. The Owner further agrees to notify the Village throughout the term 4011923 3 of this Agreement of the names, addresses and ownership interests of any changes of owners of the Owner. C. Existence and Authority'. The Owner is an Illinois corporation, and is authorized to and has the power to enter into, and by proper action has been duly authorized to execute, deliver and perform, this Agreement. The Owner is solvent, able to pay its debts as they mature and financially able to perform all the terms of this Agreement. There are no actions at law or similar proceedings which are pending or threatened against the Owner which would result in any material and adverse change to the Owner's financial condition, or which would materially and adversely affect the level of the Owner's assets as of the date of this Agreement or that would materially and adversely affect the ability of the Owner to proceed with the construction and development of the Project. D. No Conflict. Neither the execution and delivery of this Agreement by the Owner, the consummation of the transactions contemplated hereby by the Owner, nor the fulfillment of or compliance with the terms and conditions of this Agreement by the Owner conflicts with or will result in a breach of any of the terms, conditions or provisions of any offerings or disclosure statement made or to be made on behalf of the Owner (with the Owner's prior written approval), any organizational documents, any restriction, agreement or instrument to which the Owner or any of its partners, directors, or venturers is now a party or by which the Owner or any of its partners, directors or venturers is bound, or constitutes a default under any of the foregoing, or results in the creation or imposition of any prohibited lien, charge or encumbrance whatsoever upon any of the assets or rights of the Owner, any related party or any of its partners, directors or venturers under the terms of any instrument or agreement to which the Owner, any related party or any of its partners, directors or venturers is now a party or by which the Owner, any related party or any of its partners, directors or venturers is bound. E. Adequate Resources. The Owner has sufficient financial and economic resources to complete the Owner's obligations in this Agreement. IV. INDEMNIFICATION, HOLD HARMLESS AND RELEASE PROVISIONS This Section IV. shall survive the termination of this Agreement. A. Release. The Owner releases from and covenants and agrees that the Village, its governing body members, officers, agents, including independent contractors, consultants, attorneys, servants and employees thereof (for purposes of this Section IV., collectively the "Village Indemnified Parties") shall not be liable for, and agrees to indemnify and hold harmless the Village Indemnified Parties against any loss or damage 401192V3 4 to property or any injury to or death of any person occurring at or about or resulting from any defect in the Property or arising pursuant to the Owner's obligations or warranties under this Agreement or actions in furtherance thereof to the extent not attributable to the gross negligence or willful misconduct of the Village Indemnified Parties; provided, that this waiver shall not apply to the warranties made or obligations undertaken by the Village in this Agreement. B. Indemnification. Except for gross negligence or willful misconduct of the Village Indemnified Parties, Owner agrees to indemnify the Village Indemnified Parties, now and forever, and further agrees to hold the aforesaid harmless from any claims, demands, suits, costs, expenses (including reasonable attorney's fees), actions or other proceedings whatsoever by any person or entity whatsoever arising or purportedly arising from the actions or inactions of Owner (or if other Persons acting on their behalf or under its direction or control) under this Agreement, or the transactions contemplated hereby or the acquisition, construction, installation, ownership, and operation of the Property. C. Environmental Disclaimer. Except as otherwise set forth herein, the Village makes no warranties or representations regarding, nor does it indemnify the Owner with respect to, the existence or nonexistence on or in the vicinity of the Property, or anywhere within the TIF District of any toxic or hazardous substances of wastes, pollutants or contaminants (including, without limitation, asbestos, urea formaldehyde, the group of organic compounds known as polychlorinated biphenyls, petroleum products including gasoline, fuel oil, crude oil and various constituents of such products, or any hazardous substance as defined in the Comprehensive Environmental Response, Compensation and Liability Act of 1980 ("CERCLA"), 42 U.S.C. §§ 9601-9657, as amended) (collectively, the "Hazardous Substances"). The foregoing disclaimer relates to any Hazardous Substance allegedly generated, treated, stored, released or disposed of, or otherwise placed, deposited in or located on or in the vicinity of the Property, or within the TIF District, as well as any activity claimed to have been undertaken on or in the vicinity of the Property, that would cause or contribute to causing (1) the Property to become a treatment, storage or disposal facility within the meaning of, or otherwise bring the Property within the ambit of, the Resource Conservation and Recovery Act of 1976 ("RCRA"), 42 U.S.C. §6901 et seq., or any similar State law or local ordinance, (2) a release or threatened release of toxic or hazardous wastes or substances, pollutants or contaminants, from the Property, within the meaning of, or otherwise bring the Property within the ambit of, CERCLA, or any similar State law or local ordinance, or (3) the discharge of pollutants or effluents into any water source or system, the dredging or filling of any waters or the discharge into the air of any emissions, that would require a permit under the Federal Water Pollution 4011923 5 Control Act, 33 U.S.C. §1251 et seq., or any similar State law or local ordinance. Further, the Village makes no warranties or representations regarding, nor does the Village indemnify the Owner with respect to, the existence or nonexistence on or in the vicinity of the Property, or anywhere within the Property or the TIF District, of any substances or conditions in or on the Property, that may support a claim or cause of action under RCRA, CERCLA, or any other federal, State or local environmental statutes, regulations, ordinances or other environmental regulatory requirements. The Village makes no representations or warranties regarding the existence of any above ground or underground tanks in or about the Property, or whether any above or underground tanks have been located under, in or about the Property have subsequently been removed or filled. D. Waiver. The Owner waives any claims against the Village Indemnified Parties, and their members and boards, for indemnification, contribution, reimbursement or other payments arising under federal, State and common law relating to the environmental condition of the Property. E. No Personal Liability. No liability, right or claim at law or inequity shall attach to or shall be incurred by the Village's Mayor, Trustees, officers, officials, attorneys, agents and/or employees, and any such rights or claims of the Owner against the Village's Mayor, Trustees, officers, officials, attorneys, agents and/or employees are hereby expressly waived and released as a condition of and as consideration for the execution of the Agreement by the Village. V. MISCELLANEOUS A. Time is of the Essence. Time is of the essence of this Agreement. Notwithstanding the foregoing, if the date for performance of any of the terms, conditions and provisions of this Agreement shall fall on a Saturday, Sunday or legal holiday, then the date of such performance shall be extended to the next business day. B. Integration. Except as otherwise expressly provided herein, this Agreement supersedes all prior agreements, negotiations and discussions relative to the subject matter hereof and is a full integration of the agreement of the Parties. C. Counterparts. This Agreement may be executed in any number of counterparts, but in no event less than two (2) counterparts, each of which shall be an original and each of which shall constitute but one and the same Agreement. 4011923 6 D. Severability. If any provision of this Agreement, or any Section, sentence, clause, phrase or word, or the application thereof, in any circumstance, is held to be invalid, the remainder of this Agreement shall be construed as if such invalid part were never included herein, and this Agreement shall be and remain valid and enforceable to the fullest extent permitted by law. E. Choice of Law / Venue. This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois, and any court proceedings between the Parties hereto shall be brought in Cook County, Illinois. F. Entire Contract and Amendments. This Agreement (together with the exhibits attached hereto) is the entire contract between the Village and the Owner relating to the subject matter hereof, supersedes all prior and contemporaneous negotiations, understandings and agreements, written or oral, between the Village and the Owner, and may not be modified or amended except by a written instrument executed by the Parties hereto. G. Third Parties. Nothing in this Agreement, whether expressed or implied, is intended to confer any rights or remedies under or by reason of this Agreement on any other Person other than the Village and the Owner, nor is anything in this Agreement intended to relieve or discharge the obligation or liability of any third parties to the Village and the Owner, nor shall any provision give any third parties any rights of subrogation or action over or against the Village or the Owner. This Agreement is not intended to and does not create any third party beneficiary rights whatsoever. H. 'Waiver. Any Party to this Agreement may elect to waive any right or remedy it may enjoy hereunder, provided that no such waiver shall be deemed to exist unless such waiver is in writing. No such waiver shall obligate the waiver of any other right or remedy hereunder, or shall be deemed to constitute a waiver of other rights and remedies provided pursuant to this Agreement. Cooneration and Further Assurances. The Village and the Owner each covenant and agree that each will do, execute, acknowledge and deliver or cause to be done, executed and delivered, such agreements, instruments and documents supplemental hereto and such further acts, instruments, pledges and transfers as may be reasonably required for the better clarifying, assuring, mortgaging, conveying, transferring, pledging, assigning and confirming unto the Village or the Owner, or other appropriate Persons, all and singular the rights, property and revenues covenanted, agreed, conveyed, assigned, transferred and pledged under or in respect of this Agreement. 4011923 7 No Joint Venture. Agency or Partnershio Created. Nothing in this Agreement, or any actions of the Parties to this Agreement, shall be construed by the Parties or any third party to create the relationship of a partnership, agency or joint venture between or among such Parties. K. No Personal Liability of Officials of the Village or the Owner. No covenant or agreement contained in this Agreement shall be deemed to be the covenant or agreement of the Corporate Authorities, Village Manager, any elected official, officer, partner, member, shareholder, manager, director, agent, employee or attorney of the Village or the Owner, in his or her individual capacity, and no elected official, officer, partner, member, director, agent, employee or attorney of the Village or the Owner shall be liable personally under this Agreement or be subject to any personal liability or accountability by reason of or in connection with or arising out of the execution, delivery and performance of this Agreement, or any failure in that connection. L. Repealer. To the extent that any ordinance, resolution, rule, order or provision of the Village's code of ordinances, or any part thereof, is in conflict with the provisions of this Agreement, the provisions of this Agreement shall be controlling, to the extent lawful. M. Term. This Agreement shall remain in full force and effect until two (2) years from the date the TIF Eligible Redevelopment Costs up to the Funding Cap are paid to the Owner. O. Assignment. This Agreement, and the rights and obligations hereunder, may not be assigned by Owner, unless the Village consents in writing to such assignment, which consent the Village may withhold in its sole and absolute discretion. P. Municipal al Limitations. All Village commitments hereunder are limited to the extent required by law. [THIS SPACE INTENTIONALLY LEFT BLANK] 401192„3 8 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed on or as of the day and year first above written. VILLAGE OF MOUNT PROSPECT, an Illinois home rule municipal corporation ATTEST: By: Arlene Juracek, Mayor By: Karen Agoranos, Village Clerk 7p ANTI=&FFAELI, LTD. Illi pais,ration , IN President 401192_3 9 ACKNOWLEDGMENT State of Illinois ) ) SS County of Cook ) I, the undersigned, a Notary Public, in and for the County and State aforesaid, DO HEREBY CERTIFY that Arlene Juracek and Karen Agoranos, personally known to me to be the Mayor and Village Clerk of the Village of Mount Prospect, and personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that as such Mayor and Village Clerk, they signed and delivered the said instrument and caused the corporate seal of said municipal corporation to be affixed thereto, pursuant to authority given by the Board of Trustees of said Illinois home rule municipal corporation, as their free and voluntary act, and as the free and voluntary act and deed of said Illinois home rule municipal corporation, for the uses and purposes therein set forth. GIVEN under my hand and official seal, this day of 2018. Notary Public 4011923 10 ACKNOWLEDGMENT State of Illinois ) ) SS County of Cook ) I, the undersigned, a Notary Public, in and for the County and State aforesaid, DO HEREBY CERTIFY that and , personally known to me to be the President and Secretary, respectively, of Parenti & Raffaeli, Ltd., and personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that as such President and Secretary, they signed and delivered the said instrument and caused the corporate seal of said corporation to be affixed thereto, pursuant to authority given by the corporation, as their free and voluntary act, and as the free and voluntary acts and deeds of said corporation, for the uses and purposes therein set forth. GIVEN under my hand and official seal, this 31s4 day of , 2018. CWT T CIP) . r-"Feau NOTARY 111UH0 K,, S ATI: OF 11 LINOIS P, / V 01U11 li �� C r V�6 8(tl�li.V ;;O, F0G 8P N ary Public 4011923 11 EXHIBIT A-1 Village of Mount Prospect Prospect and Main Tax Increment Financing District Legal Description: THAT PART OF SECTIONS 11 & 12 IN TOWNSHIP 41 NORTH, RANGE 11 EAST AND SECTIONS 33 & 34 IN TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS, BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 12 AFORESAID, BEING ALSO THE CENTER LINE OF MT. PROSPECT ROAD, AND THE SOUTHWESTERLY LINE OF NORTHWEST HIGHWAY, BEING ALSO THE NORTHEASTERLY LINE OF THE CHICAGO & NORTHWESTERN RAILWAY RIGHT OF WAY; THENCE SOUTH ALONG SAID EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 12 AND THE CENTER LINE OF MT. PROSPECT ROAD TO THE SOUTHWESTERLY LINE OF THE CHICAGO & NORTHWESTERN RAILWAY RIGHT OF WAY, BEING ALSO THE NORTHEASTERLY LINE OF PROSPECT AVENUE; THENCE SOUTHWESTERLY TO THE INTERSECTION OF THE WEST LINE OF MT, PROSPECT ROAD WITH THE SOUTHWESTERLY LINE OF PROSPECT AVENUE; THENCE NORTHWESTERLY ALONG SAID SOUTHWESTERLY LINE OF PROSPECT AVENUE TO THE WEST LINE OF THE EAST 205 FEET OF LOT 1 IN GLEICH'S INDUSTRIAL PARK, A SUBDIVISION OF PART OF THE WEST HALF OF THE NORTHEAST QUARTER AND PART OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SECTION 12 AFORESAID; THENCE SOUTH ALONG SAID WEST LINE OF THE EAST 205 FEET OF LOT 1 IN GLEICH'S INDUSTRIAL PARK TO THE SOUTHERLY LINE OF LOT 1 AFORESAID; THENCE NORTHWESTERLY ALONG SAID SOUTHERLY LINE OF LOT 1 IN GLEICH'S INDUSTRIAL PARK TO THE EAST LINE OF SCHOOL STREET; THENCE SOUTH ALONG SAID EAST LINE OF SCHOOL STREET TO THE NORTHEASTERLY LINE OF LINCOLN STREET; THENCE SOUTHEASTERLY ALONG SAID NORTHEASTERLY LINE OF LINCOLN STREET AND THE SOUTHEASTERLY EXTENSION THEREOF TO THE EAST LINE OF WILLIAM STREET; THENCE SOUTH ALONG SAID EAST LINE OF WILLIAM STREET TO THE SOUTH LINE OF SHA-BONEE TRAIL; THENCE WEST ALONG SAID SOUTH LINE OF SHA-BONEE TRAIL TO THE EAST LINE OF SCHOOL STREET; 3721503 4 THENCE SOUTH ALONG SAID EAST LINE OF SCHOOL STREET TO THE SOUTH LINE OF COUNCIL TRAIL; THENCE WEST ALONG SAID SOUTH LINE OF COUNCIL TRAIL TO THE SOUTHERLY EXTENSION OF THE EAST LINE OF LOT 12 IN ELLENDALE, A SUBDIVISION IN THE SOUTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE NORTH ALONG SAID SOUTHERLY EXTENSION AND THE EAST LINE OF LOT 12 IN ELLENDALE TO THE NORTH LINE THEREOF; THENCE WEST ALONG SAID NORTH LINE OF LOT 12 IN ELLENDALE TO THE EAST LINE OF LOT 3 IN ELLENDALE AFORESAID; THENCE NORTH ALONG SAID EAST LINE OF LOT 3 IN ELLENDALE AND THE NORTHERLY EXTENSION THEREOF TO THE NORTH LINE OF MOEHLING DRIVE; THENCE WEST ALONG SAID NORTH LINE OF MOEHLING DRIVE AND THE WESTERLY EXTENSION THEREOF TO THE WEST LINE OF MAPLE STREET; THENCE NORTH ALONG SAID WEST LINE OF MAPLE STREET TO THE NORTH LINE OF THE SOUTH 270 FEET OF LOT 2 IN ETHEL BUSSE'S SUBDIVISION OF PART OF THE EAST HALF OF THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE WEST ALONG SAID NORTH LINE OF THE SOUTH 270 FEET OF LOT 2 IN ETHEL BUSSE'S SUBDIVISION TO THE EAST LINE OF LOTS 35 THRU 42 IN BUSSE'S RESUBDIVISION OF LOT "A" IN BLOCK 11 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT AFORESAID; THENCE NORTH ALONG SAID EAST LINE OF LOTS 35 THRU 42 IN BUSSE'S RESUBDIVISION TO THE EAST LINE OF LOT 2 IN MILLER RESUBDIVISION OF LOTS 1 TO 3 & 43 IN BUSSE'S SUBDIVISION OF LOT "A" IN BLOCK 11 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT AFORESAID; THENCE NORTH ALONG SAID EAST LINE OF LOT 2 IN MILLER RESUBDIVISION TO THE SOUTHWESTERLY LINE OF PROSPECT AVENUE; THENCE NORTHWESTERLY ALONG SAID SOUTHWESTERLY LINE OF PROSPECT AVENUE TO THE WESTERLY LINE OF LOT 2 IN MILLER RESUBDIVISION AFORESAID; THENCE SOUTHEASTERLY ALONG SAID WESTERLY LINE OF LOT 2 IN MILLER RESUBDIVISION TO A BEND THEREIN; THENCE SOUTH ALONG SAID WESTERLY LINE OF LOT 2 IN MILLER RESUBDIVISION TO THE NORTH LINE OF LOT 3 IN MILLER RESUBDIVISION AFORESAID; THENCE EAST ALONG SAID NORTH LINE OF LOT 3 IN MILLER RESUBDIVISION TO THE MOST EASTERLY WEST LINE OF LOT 2 IN MILLER RESUBDIVISION AFORESAID; THENCE SOUTH ALONG SAID MOST EASTERLY WEST LINE OF LOT 2 IN MILLER RESUBDIVISION TO A BEND THEREIN: 372150_3 5 THENCE SOUTHEASTERLY ALONG SAID MOST EASTERLY WEST LINE OF LOT 2 IN MILLER RESUBDIVISION TO THE EAST LINE THEREOF, AND THE NORTH LINE OF LOT 42 IN BUSSE'S RESUBDIVISION AFORESAID; THENCE WEST ALONG SAID NORTH LINE OF LOT 42 IN BUSSE'S RESUBDIVISION AND THE WESTERLY EXTENSION THEREOF TO THE WEST LINE OF EMERSON STREET; THENCE NORTH ALONG SAID WEST LINE OF EMERSON STREET TO THE SOUTH LINE OF LOT 11 IN BUSSE'S RESUBDIVISION AFORESAID; THENCE WEST ALONG SAID SOUTH LINE OF LOT 11 IN BUSSE'S RESUBDIVISION TO THE EAST LINE OF LOTS 5 THRU 9 IN BLOCK 1 IN MEIER'S ADDITION TO MT. PROSPECT IN THE NORTHWEST QUARTER OF SECTION AFORESAID, LYING SOUTH OF THE RIGHT OF WAY OF THE CHICAGO & NORTHWESTERN RAILWAY; THENCE NORTH ALONG SAID EAST LINE OF LOTS 5 THRU 9 IN BLOCK 1 IN MEIER'S ADDITION TO MT. PROSPECT TO THE NORTH LINE OF LOT 5 AFORESAID; THENCE WEST ALONG SAID NORTH LINE OF LOT 5 IN BLOCK 1 IN MEIER'S ADDITION TO MT. PROSPECT AND THE WESTERLY EXTENSION THEREOF TO THE WEST LINE OF MAIN STREET; THENCE NORTH ALONG SAID WEST LINE OF MAIN STREET TO THE NORTH LINE OF LOT 24 IN BLOCK 4 IN MEIER'S ADDITION TO MT. PROSPECT AFORESAID; THENCE WEST ALONG SAID NORTH LINE OF LOT 24 IN BLOCK 4 IN MEIER'S ADDITION TO MT. PROSPECT TO THE WEST LINE OF THE 20 FOOT WIDE ALLEY EAST OF WILLE STREET; THENCE NORTH ALONG SAID WEST LINE OF THE 20 FOOT WIDE ALLEY EAST OF WILLE STREET TO THE SOUTH LINE OF EVERGREEN AVENUE; THENCE WEST ALONG SAID SOUTH LINE OF EVERGREEN AVENUE TO THE WEST LINE OF WILLE STREET; THENCE NORTH ALONG SAID WEST LINE OF WILLE STREET TO THE SOUTH LINE OF LOT 13 IN BUSSE'S RESUBDIVISION OF LOTS 1 TO 6, INCLUSIVE, OF RESUBDIVISION OF LOTS 1 TO 6, INCLUSIVE, IN BLOCK 4, ALOS OF LOTS 2 & 3 IN BLOCK 5, ALL OF BLOCK 6, LOT 13 TO 24, INCLUSIVE, IN BLOCK 7, LOTS 17 TO 20 IN BLOCK 8 ALL IN MEIER'S ADDITION TO MT. PROSPECT IN THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE WEST ALONG SAID SOUTH LINE OF LOT 13 IN BUSSE'S RESUBDIVISION TO THE WEST LINE OF LOTS 13 AND 14 IN BUSSE'S RESUBDIVISION; THENCE NORTH ALONG SAID WEST LINE OF LOTS 13 AND 14 IN BUSSE'S RESUBDIVISION TO THE SOUTHWESTERLY LINE OF THE 16 FOOT WIDE ALLEY SOUTHWESTERLY OF PROSPECT AVENUE; 3721503 6 THENCE NORTHWESTERLY ALONG SAID SOUTHWESTERLY LINE OF THE 16 FOOT WIDE ALLEY SOUTHWESTERLY OF PROSPECT AVENUE AND THE NORTHWESTERLY EXTENSION THEREOF TO THE WEST LINE OF PINE STREET; THENCE NORTH ALONG SAID WEST LINE OF PINE STREET TO THE SOUTHERLY LINE OF THE 16 FOOT WIDE ALLEY SOUTHWESTERLY OF PROSPECT AVENUE; THENCE WEST AND NORTHWESTERLY ALONG SAID SOUTHERLY LINE OF THE 16 FOOT WIDE ALLEY SOUTHWESTERLY OF PROSPECT AVENUE AND THE NORTHWESTERLY EXTENSION THEREOF TO ITS INTERSECTION WITH THE SOUTH LINE OF BUSSE AVENUE; THENCE WEST ALONG SAID SOUTH LINE OF BUSSE AVENUE TO THE SOUTHERLY EXTENSION OF THE WEST LINE OF THE 20 FOOT WIDE ALLEY WEST OF ELMHURST AVENUE; THENCE NORTH ALONG SAID SOUTHERLY EXTENSION AND THE WEST LINE OF THE 20 FOOT WIDE ALLEY WEST OF ELMHURST AVENUE TO THE SOUTHWESTERLY LINE OF THE 16 FOOT WIDE ALLEY SOUTHWESTERLY OF PROSPECT AVENUE; THENCE NORTHWESTERLY ALONG SAID SOUTHWESTERLY LINE OF THE 16 FOOT WIDE ALLEY SOUTHWESTERLY OF PROSPECT AVENUE AND THE NORTHWESTERLY EXTENSION THEREOF TO THE WEST LINE OF I-OKA AVENUE; THENCE NORTH ALONG SAID WEST LINE OF I-OKA AVENUE TO THE SOUTHERLY LINE OF THE 16 FOOT WIDE ALLEY SOUTHWESTERLY OF PROSPECT AVENUE; THENCE WEST AND NORTHWESTERLY ALONG SAID SOUTHERLY LINE OF THE 16 FOOT WIDE ALLEY SOUTHWESTERLY OF PROSPECT AVENUE AND THE NORTHWESTERLY EXTENSION THEREOF TO THE WEST LINE OF HI-LUSI AVENUE; THENCE NORTH ALONG SAID WEST LINE OF HI-LUSI AVENUE TO THE SOUTHWESTERLY LINE OF PROSPECT AVENUE; THENCE NORTHWESTERLY ALONG SAID SOUTHWESTERLY LINE OF PROSPECT AVENUE TO THE SOUTH LINE OF CENTRAL ROAD; THENCE WEST ALONG SAID SOUTH LINE OF CENTRAL ROAD TO THE EAST LINE OF LOT 8 IN H.ROY BERRY CO.S' COLONIAL MANOR, A SUBDIVISION OF PART OF THE NORTHEAST QUARTER OF SECTION 11 AND PART OF THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE SOUTH ALONG SAID EAST LINE OF LOT 8 IN H.ROY BERRY CO.S' COLONIAL MANOR AND THE SOUTHERLY EXTENSION THEREOF TO THE SOUTH LINE OF THE 16 FOOT WIDE ALLEY SOUTH OF CENTRAL ROAD; THENCE WEST ALONG SAID SOUTH LINE OF THE 16 FOOT WIDE ALLEY SOUTH OF CENTRAL ROAD TO THE WEST LINE OF THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 11 AFORESAID; 372150,_3 7 THENCE NORTH ALONG SAID WEST LINE OF THE EAST HALF OF THE NORTHEAST QUARTER OF SECTION 11 TO THE SOUTH LINE OF CENTRAL ROAD; THENCE WEST ALONG SAID SOUTH LINE OF CENTRAL ROAD TO THE SOUTHERLY EXTENSION OF THE WEST LINE OF MILLERS LANE; THENCE NORTH ALONG SAID SOUTHERLY EXTENSION AND THE WEST LINE OF MILLERS LANE TO THE WESTERLY EXTENSION OF THE SOUTH LINE OF LOT 11 IN MILLERS STATION SUBDIVISION, A RESUBDIVISION OF LOT 1 IN TRADE SERVICE PUBLICATIONS SUBDIVISION AND PART OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 33 AFORESAID; THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE SOUTH LINE OF LOT 11 IN MILLERS STATION SUBDIVISION AND THE EASTERLY EXTENSION THEREOF TO THE EAST LINE OF CATHY LANE; THENCE NORTH ALONG SAID EAST LINE OF CATHY LANE TO THE EAST LINE OF LOT 12 IN MILLERS STATION SUBDIVISION AFORESAID; THENCE NORTH ALONG SAID EAST LINE OF LOT 12 IN MILLERS STATION SUBDIVISION AND THE NORTHERLY EXTENSION THEREOF TO THE SOUTHWESTERLY LINE OF THE CHICAGO & NORTHWESTERN RAILWAY RIGHT OF WAY; THENCE SOUTHEASTERLY ALONG SAID SOUTHWESTERLY LINE OF THE CHICAGO & NORTHWESTER RAILWAY RIGHT OF WAY TO THE EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 33 AFORESAID; THENCE NORTH ALONG THE EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 33 AFORESAID TO THE WESTERLY EXTENSION OF THE NORTH LINE OF HENRY STREET; THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE NORTH LINE OF HENRY STREET TO THE EAST LINE OF FAIRVIEW AVENUE; THENCE SOUTH ALONG SAID EAST LINE OF FAIRVIEW AVENUE TO THE NORTHEASTERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY; THENCE SOUTHEASTERLY ALONG SAID NORTHEASTERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY TO THE WEST LINE OF PROSPECT MANOR AVENUE; THENCE EAST PERPENDICULAR TO THE WEST LINE OF FAIRVIEW AVENUE TO THE EAST LINE OF PROSPECT MANOR AVENUE; THENCE SOUTH ALONG SAID EAST LINE OF PROSPECT MANOR AVENUE TO THE NORTH LINE OF WALNUT STREET; THENCE EAST ALONG SAID NORTH LINE OF WALNUT STREET AND THE EASTERLY EXTENSION THEREOF TO THE EAST LINE OF RIDGE AVENUE; 372150_3 8 THENCE SOUTH ALONG SAID EAST LINE OF RIDGE AVENUE TO THE NORTH LINE OF LOT 1 IN FRIEDRICH'S SUBDIVISION OF LOTS 4 & 5 IN BLOCK 25 IN PROSPECT MANOR, A SUBDIVISION OF THE SOUTH 3/4 OF THE WEST HALF OF THE WEST HALF OF SECTION 34 AFORESAID; THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN FRIEDRICH'S SUBDIVISION TO THE WEST LINE OF ELMHURST AVENUE; THENCE NORTH ALONG SAID WEST LINE OF ELMHURST AVENUE TO THE WESTERLY EXTENSION OF THE NORTH LINE OF THE PLAT OF CONSOLIDATION OF THE WEST 70 FEET OF LOTS 1 THRU 10 IN BLOCK 3 AND PART OF BLOCK 4 IN THE ERNST BUSSE ADDITION TO MT. PROSPECT IN THE EAST HALF OF THE SOUTHWEST QUARTER OF SECTION 34 AFORESAID; THENCE EAST ALONG SAID WESTERLY EXTENSION AND THE NORTH LINE OF THE PLAT OF CONSOLIDATION TO THE EAST LINE OF LOT 1 IN THE PLAT OF CONSOLIDATION AFORESAID; THENCE SOUTH ALONG SAID EAST LINE LOT 1 IN THE PLAT OF CONSOLIDATION TO THE NORTH LINE OF CENTRAL ROAD; THENCE EAST ALONG SAID NORTH LINE OF CENTRAL ROAD TO THE EAST LINE OF PINE STREET; THENCE SOUTH ALONG SAID EAST LINE OF PINE STREET TO THE NORTHEASTERLY LINE OF NORTHWEST HIGHWAY; THENCE SOUTHEASTERLY ALONG SAID NORTHEASTERLY LINE OF NORTHWEST HIGHWAY TO THE WESTERLY LINE OF LOT 3 IN CLOCK TOWER PLACE RESUBDIVISION OF LOTS 18 & 19 AND THE NORTH 22 FEET OF LOT 17 IN BLOCK 2 OF BUSSE & WILDE'S RESUBDIVISION IN MT. PROSPECT TOGETHER WITH LOT "A" IN CORPORATE SUBDIVISION NO. 8 VILLAGE OF MT. PROSPECT AND LOT 1 IN WILLE'S RECONSOLIDATION IN THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE NORTHEASTERLY ALONG SAID WESTERLY LINE OF LOT 3 IN CLOCK TOWER PLACE RESUBDIVISION 38.06 FEET TO A BEND THEREIN; THENCE EAST ALONG SAID WESTERLY LINE OF LOT 3 IN CLOCK TOWER PLACE RESUBDIVISION 28.07 FEET TO A BEND THEREIN; THENCE NORTHEASTERLY ALONG SAID WESTERLY LINE OF LOT 3 IN CLOCK TOWER PLACE RESUBDIVISION 18.61 FEET TO A BEND THEREIN; THENCE EAST ALONG SAID WESTERLY LINE OF LOT 3 IN CLOCK TOWER PLACE RESUBDIVISION 30.63 FEET TO A BEND THEREIN; THENCE NORTH ALONG SAID WESTERLY LINE OF LOT 3 IN CLOCK TOWER PLACE RESUBDIVISION 65.92 FEET TO THE NORTH LINE THEREOF; THENCE EAST ALONG SAID NORTH LINE OF LOT 3 IN CLOCK TOWER PLACE RESUBDIVISION TO THE WEST LINE OF WILLE STREET; 3721503 9 THENCE EAST TO THE EAST LINE OF WILLE STREET AT THE SOUTHWEST CORNER OF LOT 1 IN PROSPECT PLACE PLAT OF RESUBDIVISION OF SUNDRY LOTS AND VACATED ALLEYS OF VARIOUS SUBDIVISIONS IN THE WEST HALF OF THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE EAST ALONG THE SOUTH LINE OF LOT 1 IN PROSPECT PLACE PLAT OF RESUBDIVISION TO THE EAST LINE THEREOF; THENCE NORTH ALONG SAID EAST LINE OF LOT 1 IN PROSPECT PLACE PLAT OF RESUBDIVISION TO THE SOUTH LINE OF CENTRAL ROAD; THENCE WEST ALONG SAID SOUTH LINE OF CENTRAL ROAD TO THE SOUTHERLY EXTENSION OF THE WEST LINE OF LOT 1 IN TRAPANI'S RESUBDIVISION OF LOT "A" IN BLOCK 1 IN THE ERNST BUSSE ADDITION TO MT. PROSPECT AND LOT "A" IN HILLCREST SUBDIVISION IN THE SOUTHWEST QUARTER OF SECTION 34 AFORESAID; THENCE NORTH ALONG SAID SOUTHERLY EXTENSION AND THE WEST LINE OF LOT 1, AND THE WEST LINE OF LOT 2 IN TRAPANI'S RESUBDIVISION AND THE NORTHERLY EXTENSION THEREOF TO THE NORTH LINE OF HENRY STREET; THENCE EAST ALONG SAID NORTH LINE OF HENRY STREET TO THE EAST LINE OF MAIN STREET; THENCE SOUTH ALONG SAID EAST LINE OF MAIN STREET TO THE NORTH LINE OF CENTRAL ROAD; THENCE EAST ALONG SAID NORTH LINE OF CENTRAL ROAD TO THE EAST LINE OF EMERSON STREET; THENCE SOUTH ALONG SAID EAST LINE OF EMERSON STREET TO THE NORTH LINE OF LOT 13 IN BLOCK 5 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT IN THE EAST HALF OF THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE EAST ALONG SAID NORTH LINE OF LOT 13 IN BLOCK 5 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT TO THE EAST LINE THEREOF; THENCE SOUTH ALONG SAID EAST LINE OF LOT 13 IN BLOCK 5 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT TO THE NORTH LINE OF BUSSE AVENUE; THENCE EAST ALONG SAID NORTH LINE OF BUSSE AVENUE TO THE EAST LINE OF MAPLE STREET; THENCE SOUTH ALONG SAID EAST LINE OF MAPLE STREET TO THE NORTH LINE OF LOT 9 IN BLOCK 11 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT AFORESAID; THENCE EAST ALONG SAID NORTH LINE OF LOT 9 IN BLOCK 11 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT TO THE EAST LINE THEREOF; 3721503 10 THENCE SOUTH ALONG SAID EAST LINE OF LOT 9 IN BLOCK 11 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT TO THE SOUTH LINE THEREOF; THENCE SOUTHWESTERLY ALONG SAID SOUTH LINE OF LOT 9 IN BLOCK 11 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT TO THE EAST LINE OF LOT 12 IN BLOCK 11 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT, BEING ALSO THE WESTERLY LINE OF VILLAGE COMMONS A PLANNED UNIT DEVELOPMENT OF LOTS 2, 3, 4 & OUT LOT 1 IN TAX INCREMENT FINANCE SUBDIVISION NO. 1, A RESUBDIVISION OF LOTS A & B IN THE RESUBDIVISION OF LOTS 2 TO 6, PART OF LOT 1 IN THE SUBDIVISION OF BLOCK 10, LOT 16 IN BUSSE'S SUBDIVISION, LOTS 13 TO 15 IN BLOCK 11 & PART OF BLOCK 9 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT IN THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE SOUTH ALONG SAID WESTERLY LINE OF VILLAGE COMMONS A PLANNED UNIT DEVELOPMENT 172.45 FEET TO A BEND THEREIN; THENCE WEST ALONG SAID WESTERLY LINE OF VILLAGE COMMONS A PLANNED UNIT DEVELOPMENT 4.63 FEET TO A BEND THEREIN; THENCE SOUTH ALONG SAID WESTERLY LINE OF VILLAGE COMMONS A PLANNED UNIT DEVELOPMENT 147.65 FEET TO A BEND THEREIN; THENCE SOUTHWESTERLY ALONG SAID WESTERLY LINE OF VILLAGE COMMONS A PLANNED UNIT DEVELOPMENT TO THE NORTHEASTERLY LINE OF NORTHWEST HIGHWAY; THENCE SOUTHEASTERLY ALONG SAID NORTHEASTERLY LINE OF NORTHWEST HIGHWAY TO THE NORTHWESTERLY LINE OF LOT 1 IN TAX INCREMENT FINANCE SUBDIVISION NO. 1, A RESUBDIVISION OF PARTS OF BLOCKS 9, 10 & 11 IN BUSSE & WILLE'S RESUBDIVISION IN THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE NORTHEASTERLY ALONG SAID NORTHWESTERLY LINE OF LOT 1 IN TAX INCREMENT FINANCE SUBDIVISION NO. 1 TO THE NORTHEASTERLY LINE THEREOF; THENCE SOUTHEASTERLY ALONG SAID NORTHEASTERLY LINE OF LOT 1 IN TAX INCREMENT FINANCE SUBDIVISION NO. 1 TO THE NORTH LINE OF LOT A IN GEORGE R. BUSSE'S RESUBDIVISION OF PART OF BLOCK 9 IN BUSSE & WILLE'S RESUBDIVISION IN THE NORTHWEST QUARTER OF SECTION 12 AFORESAID; THENCE EAST ALONG SAID NORTH LINE OF LOT A IN GEORGE R. BUSSE'S RESUBDIVISION AND THE EASTERLY EXTENSION THEREOF TO THE EAST LINE OF SCHOOL STREET; THENCE SOUTH ALONG SAID EAST LINE OF SCHOOL STREET TO THE NORTH LINE OF THE SOUTH HALF OF LOT 33 IN MT. PROSPECT SUBDIVISION IN SECTION 12 AFORESAID; THENCE EAST ALONG SAID NORTH LINE OF THE SOUTH HALF OF LOT 33 IN MT. PROSPECT SUBDIVISION AND THE EASTERLY EXTENSION THEREOF TO THE EAST LINE OF THE 16 FOOT WIDE ALLEY EAST OF SCHOOL STREET; 3721503 11 THENCE SOUTH ALONG SAID EAST LINE OF THE 16 FOOT ALLEY EAST OF SCHOOL STREET TO THE NORTH LINE OF LOT 1 IN BRUCE'S RESUBDIVISION IN MT. PROSPECT OF LOTS 22 TO 27 IN BLOCK 20 IN MT. PROSPECT SUBDIVISION IN SECTION 12 AFORESAID; THENCE EAST ALONG SAID NORTH LINE OF LOT 1 IN BRUCE'S RESUBDIVISION IN MT. PROSPECT AND THE EASTERLY EXTENSION THEREOF TO THE EAST LINE OF OWEN STREET; THENCE SOUTH ALONG SAID EAST LINE OF OWEN STREET TO THE NORTHWESTERLY EXTENSION OF THE NORTHEASTERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY; THENCE SOUTHEASTERLY ALONG SAID NORTHWESTERLY EXTENSION AND THE NORTHEASTERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY AND THE SOUTHEASTERLY EXTENSION THEREOF TO THE EAST LINE OF LOUIS STREET; THENCE SOUTH ALONG SAID EAST LINE OF LOUIS STREET TO THE NORTHERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY; THENCE EAST AND SOUTHEASTERLY ALONG SAID NORTHERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY AND THE SOUTHEASTERLY EXTENSION THEREOF TO THE EAST LINE OF EDWARDS STREET; THENCE SOUTH ALONG SAID EAST LINE OF EDWARDS STREET TO THE NORTH LINE OF LINCOLN STREET; THENCE EAST ALONG SAID NORTH LINE OF LINCOLN STREET TO THE NORTHERLY EXTENSION OF THE EAST LINE OF LOT 1 IN OLIVER'S RESUBDIVISION OF LOTS 12 & 13 IN H. ROY BERRY COMPANY'S MAPLEWOOD HEIGHTS (EXCEPT THE SOUTHERLY 66 FEET FOR ROAD) ALSO BLOCK 26 IN BUSSE'S EASTERN ADDITION TO MT. PROSPECT IN THE EAST HALF OF SECTION 12 AFORESAID; THENCE SOUTH ALONG SAID NORTHERLY EXTENSION AND THE EAST LINE OF LOT 1 IN OLIVER'S RESUBDIVISION TO THE NORTHEASTERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY; THENCE SOUTHEASTERLY ALONG SAID NORTHEASTERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY TO THE EAST LINE OF GEORGE STREET; THENCE NORTH ALONG SAID EAST LINE OF GEORGE STREET TO THE NORTH LINE OF LOT 17 IN MAPLEWOOD HEIGHTS, A SUBDIVISION NORTH OF THE RAILROAD IN THE DIVISION OF THE SOUTHEAST QUARTER OF SECTION 12 AFORESAID; THENCE EAST ALONG SAID NORTH LINE OF LOT 17 IN MAPLEWOOD HEIGHTS TO THE EAST LINE THEREOF; 3721503 12 THENCE SOUTH ALONG SAID EAST LINE OF LOT 17 IN MAPLEWOOD HEIGHTS TO THE NORTHEASTERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY; THENCE SOUTHEASTERLY ALONG SAID NORTHEASTERLY LINE OF THE 16 FOOT WIDE ALLEY NORTHEASTERLY OF NORTHWEST HIGHWAY TO THE WEST LINE OF LOT 65 IN MAPLEWOOD HEIGHTS AFORESAID; THENCE NORTH ALONG SAID WEST LINE OF LOT 65 IN MAPLEWOOD HEIGHTS TO THE NORTH LINE THEREOF; THENCE EAST ALONG SAID NORTH LINE OF LOT 65 IN MAPLEWOOD HEIGHTS AND THE EASTERLY EXTENSION THEREOF TO THE EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 12 AFORESAID, BEING ALSO THE CENTER LINE OF MT. PROSPECT ROAD; THENCE SOUTH ALONG SAID EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 12 AFORESAID, BEING ALSO THE CENTER LINE OF MT. PROSPECT ROAD, TO THE SOUTHWESTERLY LINE OF NORTHWEST HIGHWAY, BEING ALSO THE NORTHEASTERLY LINE OF THE CHICAGO & NORTHWESTERN RAILWAY RIGHT OF WAY, AND THE POINT OF BEGINNING; EXCEPTING THEREFROM THAT PART OF LOT 1 IN DESIDERATA SUBDIVISION OF BLOCK 1 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT IN SECTION 12 AFORESAID, LYING NORTH OF A LINE DESCRIBED AS FOLLOWS: BEGINNING ON THE WEST LINE OF SAID LOT 1 AT POINT 246.07 FEET SOUTH OF THE NORTHWEST CORNER THEREOF; THENCE EAST PERPENDICULAR TO THE WEST LINE OF SAID LOT 1, A DISTANCE OF 67.34 FEET; THENCE NORTHEASTERLY ALONG A LINE DRAWN PERPENDICULAR TO THE SOUTHWESTERLY LINE OF LOT 1, A DISTANCE OF 65.76 FEET; THENCE EAST PERPENDICULAR TO THE WEST LINE OF SAID LOT 1, A DISTANCE OF 55.38 FEET TO THE MOST WESTERLY EAST LINE OF SAID LOT 1, AND THE POINT OF TERMINUS OF SAID LINE; ALSO EXCEPTING THEREFROM ALL OF VILLAGE CENTRE PHASE 1-B PLAT OF RESUBDIVISION OF LOTS 6, 7, 8, 9 IN BLOCK 13 IN BUSSE & WILLE'S RESUBDIVISION IN MT. PROSPECT AND PARTS OF LOTS 8, 9, 10 IN BLOCK 15 IN MT. PROSPECT SUBDIVISION IN SECTION 12 AFORESAID; IN COOK COUNTY, ILLINOIS, 372150_3 13 PIN LIST PIN LIST Record Parcel Identification Number Record Parcel Identification Number 1 03-33-419-002-0000 42 08-11-203-025-0000 2 03-33-419-005-0000 43 08-11-203-026-0000 3 03-33-419-007-0000 44 08-11-204-015-0000 4 03-33-419-011-0000 45 08-11-204-016-0000 5 03-33-419-012-1001 46 08-11-204-017-0000 6 03-33-419-012-1002 47 08-11-205-007-0000 7 03-33-419-012-1003 48 08-11-205-014-0000 8 03-33-419-012-1004 49 08-11-205-015-0000 9 03-33-419-012-1005 50 08-11-205-016-0000 10 03-33-419-012-1006 51 08-11-205-017-0000 11 03-33-419-012-1007 52 08-11-205-018-0000 12 03-33-419-013-0000 53 08-11-205-019-0000 13 03-34-320-053-0000 54 08-11-205-020-0000 14 03-34-320-054-0000 55 08-11-500-001-0000 15 03-34-320-057-0000 56 08-12-100-007-0000 16 03-34-324-008-0000 57 08-12-100-008-0000 17 03-34-325-013-0000 58 08-12-100-013-0000 18 03-34-325-014-0000 59 08-12-100-015-0000 19 03-34-325-015-0000 60 08-12-100-016-8001 20 03-34-325-016-0000 61 08-12-100-016-8002 21 03-34-325-017-0000 62 08-12-101-023-0000 22 03-34-325-018-0000 63 08-12-102-029-0000 23 03-34-326-008-0000 64 08-12-102-030-0000 24 03-34-326-009-0000 65 08-12-102-056-0000 25 03-34-328-001-0000 66 08-12-102-057-0000 26 03-34-328-009-0000 67 08-12-102-058-0000 27 03-34-328-010-0000 68 08-12-102-059-0000 28 03-34-328-011-0000 69 08-12-102-060-0000 29 03-34-328-016-0000 70 08-12-102-061-0000 30 03-34-328-017-0000 71 08-12-102-062-0000 31 03-34-328-019-0000 72 08-12-103-014-0000 32 03-34-328-020-0000 73 08-12-103-017-0000 33 03-34-328-021-0000 74 08-12-103-019-0000 34 03-34-328-022-0000 75 08-12-103-020-0000 35 03-34-331-015-0000 76 08-12-103-021-0000 36 03-34-331-018-0000 77 08-12-103-025-0000 37 03-34-500-001-0000 78 08-12-103-026-0000 38 08-11-203-001-0000 79 08-12-103-027-0000 39 08-11-203-008-0000 80 08-12-103-028-0000 40 08-11-203-009-0000 81 08-12-103-031-0000 41 08-11-203-024-0000 82 08-12-103-032-0000 3706312 14 PIN LIST PIN LIST Record Parcel Identification Number Record Parcel Identification Number 83 08-12-104-009-0000 124 08-12-113-012-0000 84 08-12-104-010-0000 125 08-12-113-018-0000 85 08-12-107-003-0000 126 08-12-113-019-0000 86 08-12-107-004-0000 127 08-12-113-021-0000 87 08-12-107-006-0000 128 08-12-114-001-0000 88 08-12-107-007-0000 129 08-12-114-002-0000 89 08-12-107-008-0000 130 08-12-114-003-0000 90 08-12-107-018-0000 131 08-12-114-004-0000 91 08-12-107-019-0000 132 08-12-114-005-0000 92 08-12-107-020-0000 133 08-12-115-001-0000 93 08-12-107-021-0000 134 08-12-115-005-0000 94 08-12-107-022-0000 135 08-12-119-016-0000 95 08-12-108-015-0000 136 08-12-119-029-0000 96 08-12-108-031-0000 137 08-12-120-003-0000 97 08-12-108-032-0000 138 08-12-120-018-0000 98 08-12-109-025-0000 139 08-12-120-027-0000 99 08-12-109-026-0000 140 08-12-120-028-0000 100 08-12-109-028-0000 141 08-12-120-029-0000 101 08-12-109-029-0000 142 08-12-120-031-0000 102 08-12-109-030-0000 143 08-12-120-036-0000 103 08-12-110-031-0000 144 08-12-121-057-0000 104 08-12-112-001-0000 145 08-12-121-061-0000 105 08-12-112-002-0000 146 08-12-121-063-0000 106 08-12-112-003-0000 147 08-12-122-003-0000 107 08-12-112-004-0000 148 08-12-122-015-0000 108 08-12-112-005-0000 149 08-12-122-016-0000 109 08-12-112-006-0000 150 08-12-122-017-0000 110 08-12-112-007-0000 151 08-12-122-019-0000 111 08-12-112-008-0000 152 08-12-122-030-0000 112 08-12-112-011-0000 153 08-12-122-031-0000 113 08-12-112-012-0000 154 08-12-122-034-0000 114 08-12-112-031-0000 155 08-12-122-036-1007 115 08-12-113-001-0000 156 08-12-122-036-1008 116 08-12-113-002-0000 157 08-12-122-036-1009 117 08-12-113-003-0000 158 08-12-122-037-1001 118 08-12-113-004-0000 159 08-12-122-037-1002 119 08-12-113-005-0000 160 08-12-122-037-1003 120 08-12-113-006-0000 161 08-12-214-061-0000 121 08-12-113-007-0000 162 08-12-214-062-0000 122 08-12-113-010-0000 163 08-12-214-063-0000 123 08-12-113-011-0000 164 08-12-214-065-0000 3721501 15 PIN LIST PIN LIST Record Parcel Identification Number Record Parcel Identification Number 165 08-12-214-066-0000 206 08-12-404-004-0000 166 08-12-221-002-0000 207 08-12-404-011-0000 167 08-12-221-003-0000 208 08-12-404-012-0000 168 08-12-221-004-0000 209 08-12-404-013-0000 169 08-12-221-005-0000 210 08-12-404-014-0000 170 08-12-221-006-0000 211 08-12-404-015-0000 171 08-12-221-007-0000 212 08-12-404-019-0000 172 08-12-221-008-0000 213 08-12-404-020-0000 173 08-12-221-009-0000 214 08-12-404-021-0000 174 08-12-221-010-0000 215 08-12-404-022-0000 175 08-12-221-011-0000 216 08-12-404-023-0000 176 08-12-221-012-0000 217 08-12-404-024-0000 177 08-12-222-017-0000 218 08-12-404-025-0000 178 08-12-222-020-0000 219 08-12-404-026-0000 179 08-12-222-021-0000 220 08-12-404-027-0000 180 08-12-222-022-0000 221 08-12-404-029-0000 181 08-12-222-023-0000 222 08-12-405-018-0000 182 08-12-222-024-0000 223 08-12-405-019-0000 183 08-12-222-025-0000 224 08-12-405-020-0000 184 08-12-222-026-0000 225 08-12-405-021-0000 185 08-12-222-027-0000 226 08-12-405-022-0000 186 08-12-223-021-0000 227 08-12-405-023-0000 187 08-12-223-022-0000 228 08-12-405-024-0000 188 08-12-223-023-0000 229 08-12-405-025-0000 189 08-12-223-024-0000 230 08-12-405-026-0000 190 08-12-223-025-0000 231 08-12-405-027-0000 191 08-12-223-026-0000 232 08-12-405-028-0000 192 08-12-223-027-0000 233 08-12-405-029-0000 193 08-12-223-028-0000 234 08-12-405-038-0000 194 08-12-223-034-0000 235 08-12-405-039-0000 195 08-12-223-035-0000 236 08-12-500-001-0000 196 08-12-227-017-0000 237 08-11-201-030-0000 197 08-12-403-005-0000 238 08-11-202-001-0000 198 08-12-403-006-0000 239 08-11-202-002-0000 199 08-12-403-007-0000 240 08-12-115-006-0000 200 08-12-403-008-0000 241 08-12-116-006-0000 201 08-12-403-009-0000 242 08-12-305-002-0000 202 08-12-403-010-0000 243 08-12-305-003-0000 203 08-12-403-011-0000 244 08-12-400-003-0000 204 08-12-403-014-0000 245 03-34-331-019-0000 205 08-12-403-016-0000 246 03-34-329-016-0000 3721501 16 Common Boundary Description: The area generally described as east of Millers Lane north of Central Avenue to Northwest Highway, and then southeast along Prospect Avenue (including most of the properties adjacent thereto) to Maple Street, then south along Maple Street to Council Trail, then north along School Street to Shabonnee Trail, then east along Shabonee Trail to William Street, then north along William Street to Lincoln Street, then northwest along Lincoln Street to School Street, then north along School Street to Prospect Avenue, then southwest along Prospect Avenue to Mt. Prospect Road, then north along Mt. Prospect Road to Northwest Highway, and then northwest along Northwest Highway (including most of the properties adjacent thereto) to Maple Street, then north along Maple Street to Busse Avenue, then west along Busse Avenue to Emerson Street, then north along Emerson Street to Central Road, then west along Central Road to Main Street, then north along Main Street to Henry Street, then south along the western boundary of the properties adjacent to Main Street south of Henry Street, then south on Main Street to Busse Avenue (including most of the properties adjacent thereto), then northwest along Northwest Highway to Pine Street, then north on Pine Street to Central Road, then west on Central Road to Elmhurst Avenue (including most of the properties adjacent thereto) to Northwest Highway, then northwest on Northwest Highway (including most of the properties adjacent thereto) to Forest Avenue, then due south on Forest Avenue to a point across the Union Pacific Railway tracks, all in Mount Prospect, Illinois. 370631_2 17 EXHIBIT A-2 Street Location Map (attached) 3721501 18 i 0 cc CL w w� W N 0 CL 0 L CL C ad v CL 0 L. a. 1S W13 N 1S 3ldVW N 1SNOSb3W3 N Oa 133dsoad 1W N 1S U1391V S a Ix c a, m 0 0 m a d 0 a 0 T— ch CD 0 cn EXHIBIT B Legal Description of the Property PARCEL 1: LOTS 10 AND 17 IN J. A. WEBER'S ADDITION TO MT. PROSPECT, A SUBDIVISION OF THE EAST 112 OF THE NORTHWEST 1/4 OF SECTION 12, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. PARCEL 2: LOT 16 IN J. A. WEBER'S ADDITION TO MT. PROSPECT, A SUBDIVISION OF PART OF THE EAST 1/2 OF THE NORTHWEST 114 OF SECTION 12, TOWNSHIP 41 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. P.I.N.: 08-12-122-015-0000, 08-12-122-016-0000 and 08-12-122-019-0000 Common Address: 215 — 225 East Prospect Avenue, Mount Prospect, Illinois 60056 4011923 14 EXHIBIT C TIF Eligible Redevelopment Costs Subject to Reimbursement Under the Agreement TIF Eligible Redevelopment Redevelopment Project Cost Category Amount Project Cost Description Under 65 ILCS 5/11-74.4-3(q) Machinery Moving (disconnect and Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 64,4900.00 reconnect) New Dust System Installation (new Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 379,362.73 ductwork, concrete pad) New Spray Booths and Drying Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 443,953.07 Room including Installation & Paint Vault Moving cost of all materials, Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 83,733.45 miscellaneous hand tools, supplies, work benches, hardware, etcetera Move all office furniture and files Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 7,079.00 (include labor to dissemble, modify, ship and reinstall Cost to relocate phone and Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 17,447.55 computer systems Office Build out (Reception Desk, Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 967,622.05 Copy / Coffee Room for shop and office, Drafting Room, Architectural Fees, New Security System and Office Buildout Upgrades Tech cost to shut down, dismantle, Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 40,033.90 set-up and start up of all computer controlled machinery (including all CNC controlled machinery) Air Compressor (hook-up air, Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 137,717.25 electrical and all piping) & relocate all hose and electric reels Special company to move finishing Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 39,055.43 material / Paint Vault (pack -up, move, unpack) Screening for rooftop units Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 39,055.43 HVAC (needs specific to P&R Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 414,525.00 operations) Cost for Spray Booth and Dust Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 23,233.73 System permits Cost to move fork -lifts Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 3,471.00 Relocate Trash Compactor and Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 5,000.00 electrical Wood Grinder remove and reinstall Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 14,845.00 / special costs (for building modifications to accommodate grinder (for building modifications to accommodate grinder) Power and Electrical (needs Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 1,021,095.77 specific to P&R operations) Buildout of All Shop Offices, Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 323,215.97 Lunchroom, Storage Rooms, factory and factory partitions. Overhead Jib Cranes remove and Relocation under 65 ILCS 5/11-74.4-3(q)(8) $ 60,109.39 reinstall (engineering costs for any additional structural support required) Total' $ 4,665,455.72 ' Reimbursement is subject to the Funding Cap of the not to exceed amount of Three Million and No/100 Dollars ($3,000,000.00). Costs in this EXHIBIT C are TIF Eligible Redevelopment Costs subject to reimbursement under the Agreement only to the extent the costs were for the rehabilitation, reconstruction or repair or remodeling of an existing private building, and to the extent the costs were for the purchase of equipment is limited to fixtures, excluding, however, non -fixture equipment and personal. The inclusion of a cost in this EXHIBIT C is not conclusive of its status as a TIF Eligible Redevelopment Costs subject to reimbursement under the Agreement, as Village staff must review and approve each TIF Eligible Redevelopment Costs submitted by the Owner to the Village for reimbursement. The above is the true and accurate list of TIFF Eligible redevelopment costs subject to the reimbursement under the reimbursement agreement. Parenti & Raffaelli, Itd shall provide such additional documents and information requested by the Village of Mount Prospect ("Village"), including but not limited to, closing statements, paid invoices, contracts, contractors' affidavits, lien waivers, copies of checks and any other documentation specified by the Village and/or in the possession of the Parenti & Raffaelli, ltd. relating to R11.: i yubmitted, Rbert G. Parenti President 4011921 2 EXHIBIT D SWORN REQUEST FOR PAYMENT (attached) 4011923 17