HomeMy WebLinkAboutRes 13-06 04/04/2006
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03/30/06
RESOLUTION NO. 13-06
A RESOLUTION AUTHORIZING THE EXECUTION OF AN EASEMENT
AGREEMENT BETWEEN THE VILLAGE OF MOUNT PROSPECT AND
NORWOOD EMERSON LLC (DEVELOPER) FOR BUILDING APPURTENANCES
LOCATED AT
100 SOUTH EMERSON STREET, MOUNT PROSPECT, ILLINOIS
WHEREAS, Norwood Emerson LLC ("Developer") owns the real estate ("Property") commonly known
as 100 South Emerson, Mount Prospect, Illinois; and
WHEREAS, the Developer is constructing a mixed-use building on the Property and adjacent
property; and
WHEREAS, the Developer has requested that the Village grant a right of ingress, egress and access
on, over, above and under a public right-of-way to construct, repair, maintain, service and replace
certain structures encroaching thereon; and
WHEREAS, it has been further determined that it would be in the best interest of all concerned to
enter into said Agreement in conjunction with the development of The Emerson.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE
VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: The Board of Trustees of the Village of Mount Prospect do hereby authorize the
Mayor to sign and the Clerk to attest her signature on the Easement Agreement between Norwood
Emerson LLC and the Village of Mount Prospect, a copy of which is attached hereto and hereby made
a part hereof as "Exhibit A".
SECTION TWO: This Resolution shall be in full force and effect from and after its passage and
approval in the manner provided by law.
AYES:
Hoefert, Korn, Lohrstorfer, Skowron, Zadel
NAYS:
None
ABSENT:
Corcoran
PASSED and APPROVED this 4th day of April 2006.
ATTEST:
~ rt reQQ
, /1?t .. ../ clc7!;"7/ , /!
M. Lisa Angell, Village' Clerk
H: \CLKO\fiIes\WI N\RES\Easement ag rmt, norwoodemerson2006.doc
~ I' &/4,
Irvana K. Wilks, Mayor
--""'-'~"'''''--'''''''''_''''7'''''_'''''<'''~'''~'~:.=,='~1:'r'\'';TI="=~i'~,~,7''""'^'~''',.,".'_.~~''''.'''''''''''''''':''~''~'''',,"_
This instrument was prepared
by, and upon recording shall be
returned to:
Stephen S. Messutta, Esq.
7458 N. Harlem Avenue
Chicago, IL 60631
{The above space is reserved for the Recorder!
PTN: 08-12-108-002, -003, -004
Common Address: 100 S. Emerson, Mount Prospect, IL 60056
EASEMENT AGREEMENT
~IS YSEMENT AGREEMENT ("Agreement") is made and entered into as of this ~AJ
day ofy;" ,2006 ("Effective Date") by and between NORWOOD EMERSON LLC, an Illinois
limited liability company ("Developer") and the VILLAGE OF MOUNT PROSPECT, an Illinois
municipal corporation ("Village").
RECITALS
A. Developer owns the real estate ("Property") commonly known as 100 S.
Emerson, Mount Prospect, Illinois 60056, currently legally described on attached Exhibit "A";
B. Pursuant to applicable authority, the Developer is constructing a mixed-use
building ("Building") on the Property and adjacent property. The Building will include, among
other components and features: in-ground foundation and structural supports; in-ground utility
lines; balconies for upper story residential units; lighting elements, signage, awnings, outward-
swing doors and other appurtenances at grade; a below-grade grease interceptor system for
potential use by food service tenants and occupants in the grade level commercial/retail space;
and sidewalks and landscaping surrounding the Building (all the foregoing collectively
"Appurtenances");
C. Also pursuant to applicable authority, the Village is requiring that the Developer
both record a plat of resubdivision (consolidation) for the Property ("Plat") and dedicate to the
Village, per Plat, land areas outside the Building envelope at grade level but within the Property
boundaries to the Village for additional right of way for South Emerson Street. An unsigned,
reduced version of the Plat substantially in the form as intended to be recorded is attached as
Exhibit "B" and depicts, among other things, the area "Hereby Dedicated" along South Emerson
Street;
D. Upon recording of the Plat and as and when fully constructed, the
Appurtenances as installed or in normal use will encroach on, over, above and/or under both E.
Busse Avenue (to the north) and S. Emerson Street (to the east) (collectively the
"Encroachment Areas"); and
E. The parties also agree and acknowledge that it is in the best interests of the
parties to improve downtown parking facilities and provide for improved traffic flow in the
downtown area to enter into this Agreement.
NOW, THEREFORE, and for and in consideration of the foregoing and the mutual
covenants of this Agreement, the parties hereto covenant and agree as follows:
1.
instrument.
Recordina the Plat. The Plat shall be recorded promptly upon recording of this
2. Easements. The Developer reserves to itself and the Village grants to the
Developer, easements as follows:
a. Developer Reservation. The Developer hereby reserves the right of
ingress, egress and access on, over, above and under the Encroachment Areas being
dedicated by the Plat (i) to construct and, upon construction, to repair, maintain, service and
replace the Appurtenances encroaching thereon and therein and (ii) for the Appurtenances'
customary and intended uses and purposes.
b. Villaae Grant. The Village hereby grants the Developer the right of
ingress, egress and access on, over, above and under the Encroachment Areas (i) to construct
and, upon construction, to repair, maintain, service and replace the Appurtenances encroaching
thereon and therein and for the Appurtenances' customary and intended uses and purposes.
3. Cost Allocations/Ownership of Appurtenances. The Developer at its sole
cost and expense shall construct all Appurtenances. All Appurtenances but for public sidewalks
shall be the Developer's sole property; those public sidewalks shall be the sole property of the
Village.
4. Indemnitv and Insurance.
a. Insurance. Each party shall insure its respective interests under this
Agreement in commercially reasonable amounts at all times and shall provide the other
with a certificate of insurance of continuous coverage thereof naming the other as an
additional named insured as its interests may appear. Each party shall waive its
insurance carriers' rights of subrogation against the other in the case of all risks for
which the carrier otherwise would have such rights. The Village may self-insure all or
any portion of these requirements.
b. Indemnitv. The Developer shall indemnify and hold harmless the Village,
its officers, agents and employees with respect to any claim or loss, including but not
limited to, reasonable attorney's fees, costs and expenses of litigation, claims and
judgments in connection with any and all claims for damages of any kind which may
arise from, in, on or on account of the Appurtenances irrespective of whether the claim in
brought by the Developer, the Developer's agents or employees or any third party.
5. Remedies.
a. Self-Help. The parties and their respective successors and assigns each
shall have the right of self-help in the event of a breach by another party in that other
party's obligations under this Agreement and the failure or refusal of the party in breach
2
to cure the breach within fifteen (15) days after receipt of notice from the party(ies) not in
breach, provided that if cure of the breach in question would require reasonable
additional time, the party in breach shall have a reasonable additional time for cure.
Notwithstanding the foregoing, each party shall have the right to immediate self-help
without prior notice of (a) emergencies and (b) at the applicable owner's sole cost and
expense for additional snow and ice removal services.
b. Default Rate. Any unpaid obligation of a party shall bear interest on the
principal balance outstanding and unpaid from and after it is due and payable (all
monetary obligations shall be net 30) until it is paid in full, at the rate of 4% in excess of
the prime rate of interest per annum from time to time announced in the Wall Street
Journal - Midwest Edition.
c. General. Each party shall have all of the remedies set forth in this
Agreement and all remedies each may have at law and in equity. Each party shall have
a lien against the real estate of the other party(ies) from which a party is entitled to a
reimbursement under this Agreement. Each and every obligation to perform or not
perform an act other than the mere payment of money shall be deemed material and the
damages from a breach thereof shall be deemed impossible to determine; each party
aggrieved by such performance or non-performance shall be entitled to injunctive relief
against the party in breach of performance or non-performance obligation. The
prevailing party in any action or dispute shall be entitled to recover from each other party
to the action or dispute and not so prevailing, its attorney's fees, court costs and other
costs of litigation or dispute resolution.
6. Bindina Effect. Covenant Runnina. This Agreement shall be binding on and
inure to the benefit of the parties, and their respective successors and assigns. The easements
created and granted in this Agreement shall be covenants running with the land constituting the
Redevelopment Area and each portion of it. All references to the Developer shall include its
successors and assigns. Developer shall be released from its obligations under this Agreement
(a) as to intended condominium and related portions of the Building, upon recording of a
declaration submitting those portions of the Property to the Illinois Condominium Property Act,
and (b) as to intended retail and commercial areas and related portions of the Building, upon
conveyance of those portions of the Building to a grantee thereof.
3
7. Notices. Notices under this Agreement (including changes of name and address
for notice) shall be served upon the parties at their respective addresses listed below, by
personal receipted delivery, by overnight receipted courier service, by certified mail with return
receipt service, or by properly machine-acknowledged electronic transmission followed by
mailing a copy of the transmission (with machine-acknowledgement of service) in properly
preposted US postal service first class mail service within 24 hours after the machine-
acknowledgement:
To the Village:
With a copy to:
To Developer:
With a copy to:
8. General.
Village Manager
Village of Mount Prospect, Illinois
100 South Emerson Street
Mount Prospect, Illinois 60056
Village Attorney
Village of Mount Prospect, Illinois
100 South Emerson Street
Mount Prospect, Illinois 60056
Norwood Emerson LLC
7458 North Harlem Avenue
Chicago, Illinois 60631
Stephen S. Messutta, General Counsel
Norwood Emerson LLC
7458 North Harlem Avenue
Chicago, Illinois 60631
a. This is the entire Agreement of the parties and supersedes any and all
prior representations and statements between the parties with respect to the subject
matter covered by this Agreement.
b. This Agreement may be amended, supplemented or modified in any
respect whatsoever, or rescinded in whole or in part, only in a written instrument duly
executed and acknowledged by all the parties hereto and recorded in the land records of
Cook County, Illinois.
c. This Agreement shall be interpreted to give full effect to all of its
provisions and to its intent. If any final and non-appealable order of any court or tribunal
of competent jurisdiction determines that any provision or provisions is or are void as a
matter of law, that provision or those provisions shall be deemed severable and severed
and the fullest effect practicable shall be given to the remaining provisions of this
Agreement.
d. This Agreement shall be governed by the laws of the State of Illinois,
including its laws pertaining to conflicts of law.
4
e. An original of this Agreement shall be recorded with the Recorder of
Deeds of Cook County, Illinois.
WITNESS the parties execution of this Agreement as of the day and year first above
written.
VILLAGE OF MOUNT PROSPECT,
an Illinois municipal corporation ("Village"):
By ~ef"P~
Print Name: V.ofh4.. "' '"S
Title: lIh"j'PZ.-
NORWOOD EMERSON, an Illinois
limited liability company ("Developer"):
By:
5
STATE OF ILLINOIS)
) SS.
COUNTY OF COOK )
I, the Undersigned, being a notary public in and for the State and County aforesaid, do
hereby certify that ;c~vaN.a.Ir. tA~I/~, .as ?Jc; YO' of the VILLAGE OF MOUNT/V'<, -r .'
PROSPECT, an IllinoIs municipal corporation, and / , as (/1//// ro6/,.)
of said corporation, personally known to me to be the same person~ whose name~C~ 1$'<',If
subscribed to the foregoing instrument, appeared before me this day and acknowledged that
s.lS e... . tRcy signed, sealed and delivered said instrument as ~ free and voluntary act and as the free
and voluntary act of the corporation pursuant to authority granted by the Board of Trustees of
the corporation, for the uses and purposes therein set forth.
c-m~q~~
Notary Pu c
Subscribeq~~ sworn to be~ore
me this ~ nay of 4/,- / / , 200 (p
STATE OF ILLINOIS)
) SS.
COUNTY OF COOK)
OFFICIAL SEAL
M LISA ANGELL
NOTARY PUBLIC. STATE OF ILLINOIS
MY COMMISSION EXPIRES:07/25109
I, the Under~ned, bein~a notary public in and for the State and County aforesaid, do
hereby certify that Nce:r ~ , as ~~rlo~ of Norwood Construction,
Inc., an Illinois corporation, as the Manager of the NORWOOD EMERSON LLC, an Illinois
limited liability company, personally known to me to be the same person whose name is
subscribed to the foregoing instrument, appeared before me this day and acknowledged that he
signed, sealed and delivered said instrument as his free and voluntary act and as the free and
voluntary act of the corporation and company, for the uses and purposes therein set forth.
~~
Notary Public
Subscribe.9~d sworn to before
me this ~ day of ~ J....\.. ,200 (p
"OFFICIAL SEAL"
Stephen s. Messu~t~
Notary Public, State of I1hnOlS
My Commission Exp.05/05/2oo7
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6
CONSENT OF MORTGAGEE
Parkway Bank and Trust Company, which is the holder of a first mortgage dated as of
the Ava.vs-t '1. "2-~Q '{' and recorded in Cook County, Illinois on \6 -2..(0 - 2.'::>0 S-
- as Document No. Oe::; 2...."" 35" 'f 7 0 , hereby consents to the recording of the
within Easement and Cost Allocation Agreement and agrees that its mortgages shall be subject
to its terms and conditions.
Dated:
7' --- ~tJ
G.
,209l.
PARKWAY BANK AND TRUST
COMPAN~
By: .r?.y~ ~r/f?
/
pJJi&;1t Vice President
ATTEST:
STATE OF ILLINOIS
COUNTY OF CO
I, ~ . , a Notary Public in and for said County and
State, do hereby certify that ~ and "
rs.spoctively, t11t:~Assi;)tant Vic~ President '~ ~ (f,.+<>H Q. lc of Parkway Bank
and Trhl~t Company ("Mortgagee"), appeared before me this d~person and acknowledged
that ~signed, sealed and delivered the within instrument as free and voluntary act, and
as the free and voluntary act of the Mortgagee, for the uses and purposes therein set forth.
,<<t.,
GIVEN under my hand and Notarial Seal this .152.- day of
~~ w.:tL ~ ~a-rv--
Notary Public v 0
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7
EXHIBIT A
LEGAL DESCRIPTION
PARCEL 1
LOTS 1,4 AND 5, IN BLOCK 13 IN BUSSE AND WILLE'S RESUBDIVISION IN
MOUNT PROSPECT IN THE WEST HALF OF SECTION 12, TOWNSHIP 41 NORTH,
RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE
PLAT THEREOF RECORDED MARCH 31, 1906 AS DOCUMENT NUMBER 3839591,
IN COOK COUNTY, ILLINOIS.
PARCEL 2
LOT 3 IN VILLAGE CENTRE PHASE 1-B, BEING A RESUBDIVISION OF THE
NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 41 NORTH, RANGE 11 EAST
OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF
RECORDED DECEMBER 6, 2001 AS DOCUMENT NUMBER 0011155055, IN COOK
COUNTY, ILLINOIS.
PARCEL 3
ENTRANCE RAMP - SURFACE
THAT PART OF LOT 1 IN VILLAGE CENTRE PHASE 1-B, BEING A SUBDIVISION OF
PART OF THE NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 41 NORTH,
RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE
PLAT THEREOF RECORDED DECEMBER 6,2001 AS DOCUMENT NUMBER
0011155055, DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHWEST CORNER OF SAID LOT 1; THENCE SOUTH
88 DEGREES 41 MINUTES 43 SECONDS EAST ALONG THE NORTH LINE OF SAID
LOT 1 A DISTANCE OF 1.28 FEET; THENCE SOUTH 01 DEGREES 18 MINUTES 17
SECONDS WEST, PERPENDICULAR TO THE LAST DESCRIBED LINE 15.10 FEET
TO THE NORTHWESTERLY CORNER OF AN EXISTING BUILDING FOUNDATION;
THENCE CLOCKWISE THE FOLLOWING COURSES AROUND THE BUILDING
FOUNDATION, SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 21.95 FEET;
THENCE NORTH 00 DEGREES 19 MINUTES 19 SECONDS EAST 5.59 FEET;
THENCE SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 18.95 FEET;
THENCE SOUTH 00 DEGREES 19 MINUTES 19 SECONDS WEST 5.59 FEET;
THENCE SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 6.99 FEET;
THENCE SOUTH 00 DEGREES 12 MINUTES 29 SECONDS WEST 24.28 FEET;
THENCE SOUTH 58 DEGREES 47 MINUTES 34 SECONDS EAST 12.84 FEET;
THENCE NORTH 32 DEGREES 07 MINUTES 25 SECONDS EAST 6.57 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 28.89 FEET;
THENCE SOUTH 31 DEGREES 35 MINUTES 49 SECONDS WEST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 24.68 FEET;
THENCE NORTH 31 DEGREES 35 MINUTES 49 SECONDS EAST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 1.33 FEET;
THENCE SOUTH 31 DEGREES 35 MINUTES 49 SECONDS WEST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 26.48 FEET;
THENCE NORTH 31 DEGREES 35 MINUTES 49 SECONDS EAST 0.33 FEET;
8
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 0.50 FEET;
THENCE NORTH 31 DEGREES 34 MINUTES 03 SECONDS EAST 13.29 FEET;
THENCE NORTH 00 DEGREES 17 MINUTES 05 SECONDS WEST 36.83 FEET;
THENCE SOUTH 89 DEGREES 59 MINUTES 47 SECONDS EAST 68.00 FEET;
THENCE NORTH 00 DEGREES 00 MINUTES 13 SECONDS EAST 0.33 FEET;
THENCE SOUTH 89 DEGREES 59 MINUTES 47 SECONDS EAST 1.58 FEET;
THENCE NORTH 00 DEGREES 05 MINUTES 14 SECONDS WEST 0.78 FEET TO
THE POINT OF BEGINNING; THENCE NORTH 90 DEGREES 00 MINUTES 00
SECONDS EAST 81.50 FEET TO A POINT ON THE EAST LINE OF SAID LOT 1;
THENCE SOUTH 00 DEGREES 13 MINUTES 20 SECONDS WEST ALONG SAID
EAST LINE 27.08 FEET; THENCE NORTH 89 DEGREES 54 MINUTES 08 SECONDS
WEST 81.35 FEET; THENCE NORTH 00 DEGREES 05 MINUTES 14 SECONDS
WEST 26.94 FEET, TO THE POINT OF BEGINNING, IN COOK COUNTY, ILLINOIS.
PARCEL 4
RAMP/TUNNEL - SUBSURFACE
THAT PART OF LOT 11N VILLAGE CENTRE PHASE 1-B, BEING A SUBDIVISION OF
PART OF THE NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 41 NORTH,
RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE
PLAT THEREOF RECORDED DECEMBER 6,2001 AS DOCUMENT NUMBER
0011155055, DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHWEST CORNER OF SAID LOT 1; THENCE SOUTH
88 DEGREES 41 MINUTES 43 SECONDS EAST ALONG THE NORTH LINE OF SAID
LOT 1 A DISTANCE OF 1.28 FEET; THENCE SOUTH 01 DEGREES 18 MINUTES 17
SECONDS WEST, PERPENDICULAR TO THE LAST DESCRIBED LINE 15.10 FEET
TO THE NORTHWESTERLY CORNER OF AN EXISTING BUILDING FOUNDATION;
THENCE CLOCKWISE THE FOLLOWING COURSES AROUND THE BUILDING
FOUNDATION, SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 21.95 FEET;
THENCE NORTH 00 DEGREES 19 MINUTES 19 SECONDS EAST 5.59 FEET;
THENCE SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 18.95 FEET;
THENCE SOUTH 00 DEGREES 19 MINUTES 19 SECONDS WEST 5.59 FEET;
THENCE SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 6.99 FEET;
THENCE SOUTH 00 DEGREES 12 MINUTES 29 SECONDS WEST 24.28 FEET;
THENCE SOUTH 58 DEGREES 47 MINUTES 34 SECONDS EAST 12.84 FEET;
THENCE NORTH 32 DEGREES 07 MINUTES 25 SECONDS EAST 6.57 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 28.89 FEET;
THENCE SOUTH 31 DEGREES 35 MINUTES 49 SECONDS WEST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 24.68 FEET;
THENCE NORTH 31 DEGREES 35 MINUTES 49 SECONDS EAST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 1.33 FEET;
THENCE SOUTH 31 DEGREES 35 MINUTES 49 SECONDS WEST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 26.48 FEET;
THENCE NORTH 31 DEGREES 35 MINUTES 49 SECONDS EAST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 0.50 FEET TO
THE POINT OF BEGINNING; THENCE NORTH 31 DEGREES 34 MINUTES 03
9
SECONDS EAST 13.29 FEET; THENCE NORTH 00 DEGREES 17 MINUTES 05
SECONDS WEST 36.83 FEET; THENCE SOUTH 89 DEGREES 59 MINUTES 47
SECONDS EAST 68.00 FEET; THENCE NORTH 00 DEGREES 00 MINUTES 13
SECONDS EAST 0.33 FEET; THENCE SOUTH 89 DEGREES 59 MINUTES 47
SECONDS EAST 1.58 FEET; THENCE SOUTH 00 DEGREES 05 MINUTES 14
SECONDS EAST 26.16 FEET; THENCE NORTH 89 DEGREES 54 MINUTES 08
SECONDS WEST 1.62 FEET; THENCE SOUTH 00 DEGREES 00 MINUTES 13
SECONDS WEST 0.50 FEET; THENCE NORTH 89 DEGREES 54 MINUTES 08
SECONDS WEST 38.07 FEET; THENCE SOUTH 00 DEGREES 25 MINUTES 15
SECONDS EAST 11.94 FEET; THENCE SOUTH 31 DEGREES 58 MINUTES 13
SECONDS WEST 27.75 FEET; THENCE NORTH 58 DEGREES 24 MINUTES 11
SECONDS WEST 25.94 FEET, TO THE POINT OF BEGINNING, IN COOK COUNTY,
ILLINOIS.
THE BOTTOM PLANE OF THE VERTICAL SPACE OF THE ABOVE DESCRIBED
PARCEL SHALL BE (BASED ON VILLAGE OF MOUNT PROSPECT TBM-582,
ELEVATION 666.66 MEASURED, 666.52 FEET PUBLISHED) AN ELEVATION OF
657.00 FEET (LOWEST FLOOR) AND THE TOP PLANE, SHALL BE 667.60 FEET
(CEILING).
PARCEL 5
FILL- IN SURFACE PIECE
THAT PART OF LOT 11N VILLAGE CENTRE PHASE 1-B, BEING A SUBDIVISION OF
PART OF THE NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 41 NORTH,
RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE
PLAT THEREOF RECORDED DECEMBER 6,2001 AS DOCUMENT NUMBER
0011155055, DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHWEST CORNER OF SAID LOT 1; THENCE SOUTH
88 DEGREES 41 MINUTES 43 SECONDS EAST ALONG THE NORTH LINE OF SAID
LOT 1 A DISTANCE OF 1.28 FEET; THENCE SOUTH 01 DEGREES 18 MINUTES 17
SECONDS WEST, PERPENDICULAR TO THE LAST DESCRIBED LINE 15.10 FEET
TO THE NORTHWESTERLY CORNER OF AN EXISTING BUILDING FOUNDATION;
THENCE CLOCKWISE THE FOLLOWING COURSES AROUND THE BUILDING
FOUNDATION, SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 21.95 FEET;
THENCE NORTH 00 DEGREES 19 MINUTES 19 SECONDS EAST 5.59 FEET;
THENCE SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 18.95 FEET;
THENCE SOUTH 00 DEGREES 19 MINUTES 19 SECONDS WEST 5.59 FEET;
THENCE SOUTH 89 DEGREES 41 MINUTES 13 SECONDS EAST 6.99 FEET;
THENCE SOUTH 00 DEGREES 12 MINUTES 29 SECONDS WEST 24.28 FEET;
THENCE SOUTH 58 DEGREES 47 MINUTES 34 SECONDS EAST 12.84 FEET;
THENCE NORTH 32 DEGREES 07 MINUTES 25 SECONDS EAST 6.57 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 28.89 FEET;
THENCE SOUTH 31 DEGREES 35 MINUTES 49 SECONDS WEST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 24.68 FEET;
THENCE NORTH 31 DEGREES 35 MINUTES 49 SECONDS EAST 0.33 FEET;
10
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 1.33 FEET;
THENCE SOUTH 31 DEGREES 35 MINUTES 49 SECONDS WEST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 26.48 FEET;
THENCE NORTH 31 DEGREES 35 MINUTES 49 SECONDS EAST 0.33 FEET;
THENCE SOUTH 58 DEGREES 24 MINUTES 11 SECONDS EAST 0.50 FEET;
THENCE NORTH 31 DEGREES 34 MINUTES 03 SECONDS EAST 13.29 FEET;
THENCE NORTH 00 DEGREES 17 MINUTES 05 SECONDS WEST 36.83 FEET TO
THE POINT OF BEGINNING; THENCE CONTINUING NORTH 00 DEGREES 17
MINUTES 05 SECONDS WEST 13.77 FEET TO A POINT ON THE NORTH LINE OF
SAID LOT 1; THENCE SOUTH 58 DEGREES 22 MINUTES 39 SECONDS EAST
ALONG SAID NORTH LINE 24.15 FEET; THENCE NORTH 90 DEGREES 00
MINUTES 00 SECONDS EAST 49.08 FEET; THENCE SOUTH 00 DEGREES 05
MINUTES 14 SECONDS EAST 0.78 FEET TO THE OUTSIDE FACE OF A EXISTING
CONCRETE FOUNDATION; THENCE NORTH 89 DEGREES 59 MINUTES 47
SECONDS WEST ALONG SAID OUTSIDE FACE OF CONCRETE FOUNDATION 1.58
FEET; THENCE SOUTH 00 DEGREES 00 MINUTES 13 SECONDS WEST ALONG
SAID OUTSIDE FACE OF CONCRETE FOUNDATION 0.33 FEET; THENCE SOUTH
89 DEGREES 59 MINUTES 47 SECONDS WEST ALONG SAID OUTSIDE FACE OF
CONCRETE FOUNDATION 68.00 FEET, TO THE POINT OF BEGINNING, IN COOK
COUNTY, ILLINOIS.
PREPARED July 1, 2005
REVISED July 14, 2005 (centre)
SPACECO, INC., cbl
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