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HomeMy WebLinkAboutOrd 5588 09/19/2006 ORDINANCE NO. 5588 AN ORDINANCE AUTHORIZING EXECUTION OF A RECAPTURE AGREEMENT BETWEEN MARIO PICICCO AND GILDA PICICCO 225 SOUTH LEONARD LANE, ARLINGTON HEIGHTS, ILLINOIS AND THE VILLAGE OF MOUNT PROPSPECT PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES THE 19th DAY OF SEPTEMBER, 2006 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 20TH day of September, 2006. ORDINANCE NO. 5588 AN ORDINANCE AUTHORIZING EXECUTION OF A RECAPTURE AGREEMENT BETWEEN MARIO PICICCO AND GILDA PICICCO, 225 SOUTH LEONARD LANE, ARLINGTON HEIGHTS, ILLINOIS AND THE VILLAGE OF MOUNT PROSPECT WHEREAS, notwithstanding the Arlington Heights common address for 225 South Leonard Lane (the "Subject Property"), is situated in the VILLAGE (of Mount Prospect); and WHEREAS, Mario Picicco and Gilda Picicco (the "Owners") have paid for and constructed and installed certain water main(s) along White Oak Street between Prairie Avenue to the east and South Leonard Lane to the west and along South Leonard Lane between 227 South Leonard Lane to the north and White Oak Street to the south, as more specifically described and set forth in the Engineering Plans prepared by I.G. Consulting, Inc. for the Leonard and White Oak Water Main Extension, final revision June 11, 2002 (the "Plans") with all accessories and appurtenances (hereinafter) collectively referred to as the ("Project"); and WHEREAS, the Owner has paid the cost of construction of the Project, but a number of parcel owners who may benefit from and be served by such Project, (the "Benefited Owners") have not; and WHEREAS, the Owner seeks to recapture a portion of the cost of construction of the Project from the Benefited Owners and the VILLAGE is willing to recapture a proportionate amount of the cost of construction to the extent permitted by law provided that the Owner indemnifies and holds the VILLAGE harmless. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE EXERCISE OF THEIR HOME RULE POWER: SECTION ONE: The President and Board of Trustees of the Village of Mount Prospect have determined that the best interests of the Village would be served by entering into a Recapture Agreement with Mario Picicco and Gilda Picicco for property commonly known as 225 South Leonard, Arlington Heights, Illinois. This Recapture Agreement is attached and made a part of the Ordinance as Exhibit "An. SECTION TWO: The Village Clerk is hereby authorized and directed to record a certified copy of this Ordinance copy of this Ordinance with the Recorder of Deeds of Cook County. SECTION THREE: 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: Corcoran, Hoefert, Kom, Lohrstorfer, Skowron, Zadel NAYS: None ABSENT: None PASSED and APPROVED this 19th day of September, 2006. ~,y~ .t1'Vana K. Wilks Mayor ATTEST: , 7ll.~~ 'M. Lisa ngell Village Clerk H:\CLKO\files\ W I N\ORDINANC\RecaptureAgrmt,picicco225southleonardsept2006.doc WATERMAIN RECAPTURE AGREEMENT ~ This Agreement made and entered into this CJ.... ~ day of September, 2006 by and between the VILLAGE OF MOUNT PROSPECT, Cook County, Illinois (hereinafter referred to as the "VILLAGE") and Mario Picicco, Jr. and Gilda Picicco, individually, as the owners (hereinafter for convenience referred to as the "OWNER") of the property commonly known as 225 South Leonard. Arlington Heights. Illinois 60005 (hereinafter sometimes referred to as the "SUBJECT REALTY"). WITNESSETH: WHEREAS, notwithstanding the Arlington Heights common address for the SUBJECT REALTY, the SUBJECT REALTY is situated in the VILLAGE (of Mount Prospect); and WHEREAS, the OWNER has paid for and constructed and installed certain water main(s) along White Oak Street between Prairie Avenue to the east and South Leonard Lane to the west and along South Leonard Lane between 227 South Leonard Lane to the north and White Oak Street to the south, as more specifically described and set forth in the Engineering Plans prepared by I.G. Consulting, Inc. for the Leonard and White Oak Water Main Extension, final revision June 11, 2002 (the "Plans") with all accessories and appurtenances (hereinafter collectively referred to as the "Project"); and WHEREAS, the OWNER has paid the cost of construction of the Project, but a number of parcel owners who may benefit from and be served by such Project, have not; and WHEREAS, OWNER seeks to recapture a portion of the cost of construction of the Project from the owners of the parcels benefiting or to be served therefrom, and the VILLAGE is willing to recapture a proportionate amount of the cost of construction from said owners of the PIeIeeo _Mario _Gilda _ 225 _Leonard _ W atermain _Recapture_Agreement _ JL _revised _5-11-06 9-19-06DOC 1 parcels to the extent permitted by law provided that the OWNER indemnifies and holds harmless the VILLAGE in connection therewith; NOW, THEREFORE, in pursuance of authority granted by law, and based upon other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and further in consideration of the terms and conditions set forth below, the parties hereto agree as follows: Section 1: The OWNER represents and warrants to the VILLAGE as follows: A. That the OWNER has previously constructed the Project to service the real estate legally described on EXHmIT A attached hereto and made a part hereof, as though fully set forth herein (the said real estate is sometimes hereinafter called the "SUBJECT REALTY"). B. In order to service the development of the SUBJECT REALTY with watermain service, and in conjunction with the request of the VILLAGE and applicable law, OWNER has constructed, installed and paid for the construction and installation of the Project to serve the SUBJECT REALTY, which was constructed within the location(s) identified above. The Project has been sized and designed to service each parcel in the Area Served (hereinafter sometimes referred to as the "Service Area" and/or the "Recapture Area") as identified on EXHmIT B attached hereto and hereby made a part hereof C. The area that said Project is capable of servicing, and will benefit, exceeds that of the SUBJECT REALTY and encompasses the general area of parcels identified on EXHmIT B as the Area Served (hereinafter sometimes referred to as the "Service Area" and/or the "Recapture Area"). Such Service Area consists of nine (9) common PICICCO _Mario _Gilda _ 225 _Leonard _ Watermain _ Recapture _Agreement _ JL Jevised _5-11-06 9-19-06DOC 2 addresses, nine (9) lots, nine (9) permanent index numbers (individually a "parcel" and collectively the "parcels"), inclusive of the SUBJECT REALTY, and with total dimension for all nine (9) parcels of approximately within the said Service Area. D. That such Project shall benefit the property described on EXHffiIT B in addition to the SUBJECT REALTY, subject to the provisions hereof Section 2: COSTS: A. The VILLAGE agrees that in order to provide for reimbursement to the OWNER of the cost of the construction of the Project (which cost of construction, as documented by OWNER to VILLAGE, is currently estimated to be Ninety-Two Thousand, Nine Hundred and Sixty-Two and 82/100 ($92,962.82) Dollars with Eighty-Two Thousand, Six Hundred and Thirty-Three and 62/100 ($82,633.62) Dollars, being the portion subject to recapture hereunder, as more fully set forth in EXHmIT C attached hereto and made a part hereof), as a result of benefits to the parcels located in the Recapture Area (as described on EXHmIT B), the VILLAGE will, to the extent the same is permitted by law, require, as a condition to the VILLAGE's approval of any plat of subdivision or building permit or notice to proceed or to the VILLAGE's permitting any connection to and use of the Project or the VILLAGE's water system relating to or benefiting any parcels lying within the Recapture Area, the owner or owners of said parcels in the Recapture Area to pay to the OWNER a recapture or special connection fee when and as collected, in the current amount of Ten Thousand, Three Hundred and Twenty-Nine and 20/100 ($10,329.20) Dollars per parcel in the Recapture Area (as described on EXHmIT B), and further such recapture or special connection fee shall include interest applied annually at a rate equal to and commensurate with the interest rate -- six (6%) percent per annum -- being paid by OWNER to its lender which advanced the costs of PICICCO_Mario_Gilda _225 _Leonard _ Watermain_Recapture_Agreement _JL_revised _5-11-06 9-19-06DOC 3 construction to OWNER. Such interest shall be compounded as of the date of execution of this Agreement, and annually thereafter as of December 31 of each year. Such interest shall commence accruing as of the date of execution of this Agreement and shall be added annually, or prorated with a per diem interest factor for payments received during the year, as of January 1 of each year. B. It is understood that the above recapture amounts do not include the sum of Eight Thousand Seven Hundred and Eighty and NollOO ($8,780.00) Dollars deposited by OWNER as and for a bond posted by OWNER with the VILLAGE, which monies shall be refunded directly and exclusively to OWNER by the VILLAGE separate and apart from the recapture amounts herein set forth, as provided by Section 15.802 of the Mount Prospect Village Code, and the other eight (8) affected parcel owners set forth on EXHffiITS Band C attached hereto shall have no right, title or interest whatsoever with respect thereto. C. It is further understood that the above recapture amounts do not include any costs to be incurred and/or sums to be expended by the other eight (8) affected parcel owners set forth on EXHffiITS Band C attached hereto vis-a.-vis landscaping their respective parcels in connection with any construction on said parcels, or anyone of them, in furtherance of this Agreement. Rather, the costs of any landscaping work shall be borne exclusively by the said other eight (8) affected parcel owners relative to their respective parcels. Section 3: That a recapture fee/special connection charge for the owner of any parcel of real estate in the Recapture Area shall be established by ordinance by the VILLAGE in conformance with the provisions of Section 2 of this Agreement. Section 4: It is further understood and agreed that if this Recapture Agreement or the recapture ordinance or the recapture fee/special connection fee to be established pursuant to this PICICCO _Mario_Gilda _ 225 _Leonard _ Watennain _ Recapture _Agreement _ JL Jevised _5-11-06 9-19-06DOC 4 Agreement are challenged by legal action, that the OWNER will assume the defense of such litigation and pay for all costs and expenses, including witness fees and reasonable attorney's fees and expenses, and OWNER shall indemnify and hold harmless the VILLAGE for any judgment or settlement, and all other costs and expenses of any kind whatsoever charged against or incurred by the VILLAGE in any way directly or indirectly related to any claim, cause of action or lawsuit so brought. If this Recapture Agreement, the recapture ordinance and/or the recapture fees/special connection fees are held invalid by a court of competent jurisdiction, the OWNER agrees that the VILLAGE need not appeal such decision and shall not have any further obligation to try in any manner to recapture any costs hereunder or under any separate agreement or ordinance, and shall not be obligated to pay any further monies to OWNER for any reason connected with the Project, this Recapture Agreement or said recapture ordinance, and/or special connection fees. Section 5: This Agreement may be recorded, at the expense of the OWNER, with the office of the Recorder of Deeds of Cook County, Illinois. Section 6: VILLAGE agrees that it will provide for the payment of the appropriate recapture amounts and/or recapture fees/special connection fees, including interest, required hereunder in any annexation agreement involving any parcels within the Service Area annexing to the VILLAGE. Section 7: VILLAGE agrees that it will require the payment of all recapture amounts and/or recapture fees/special connection fees, including interest, required hereunder, under the following procedures. When a benefited parcel owner seeks approval of development of the parcel of the benefited parcel owner and/or connection to the Project or the VILLAGE's water system, the VILLAGE shall notify the party seeking such approval and/or connection that there PICICCO _ Mario _Gilda _ 225 _Leonard _ Watennain _Recapture_Agreement _ ~ Jevised _5-1 I -06 9-19-06DOC 5 is a recapture due, the amount of the recapture, and require the petitioner to arrange for a direct payment of the recapture amount and/or special connection charge to VILLAGE, which in turn will reimburse such amount to the OWNER. It is agreed that the VILLAGE will use its best efforts to collect all such recapture amounts due and owing, but it is further agreed that VILLAGE need not take any legal action to collect the same. The VILLAGE agrees that the OWNER may take such legal action in its own name and/or in the name of the VILLAGE, but the OWNER must pay all court costs, expenses, attorney fees and all other costs relating to the same. It is agreed that the OWNER is an express third party beneficiary under this Agreement. Section 8: The amount of recapture provided for herein, and any recapture fees/special connection fees to be provided for pursuant to the provisions hereof, shall be in addition to any and all fees customarily required by VILLAGE ordinances from any benefited parcel within the Recapture Area. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals, as applicable, pursuant to lawful authority, this ~l'~y of September, 2006. ,Ale,' o(-"/not' ~ OWNER: VILLAGE: By: X Mario Picicco, Jr. Village of Mount Prospect, a Municipal Corporation Gilda Picicco By:X . M~yor ~ro Tern d By: X Zadel Attest: " By:~~d~ Village Clerk · .. PICICCO_Mario_Gilda_225_Leonard _Watermain_Recapture_Agreement_JLJevised _5-11-06 & 9-19-06DOC.DOC 6 STATE OF ILLINOIS ) ) COUNTY OF COOK ) I, the undersigned, a Notary Public, in and for the County and State aforesaid, DO HEREBY CERTIFY that Michael Zadel, personally known to me to be the President Pro Tern of the Village of Mount Prospect, a Municipal Corporation, and Lisa Angell, personally known to me to the Village Clerk of said Municipal Corporation, 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 President Pro Tern 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 Municipal Corporation, as their free and voluntary act, and as the free and voluntary act and deed of said Municipal Corporation, for the uses and purposes therein set forth. GIVEN, under my hand and official seal, this 2..\ '7\tday of November 2006. '2..00"8 ,~ Commission expires \ \ - D ~ I ~ ~.Q.(:) Notary Public OFFICIAL SEAL ROBERTA C CLINGER NOTARY PUBLIC. STATE Of IWNOIS MY COMMISSION EXPlRES:11103/08 is a recapture due, the amount of the recapture, and require the petitioner to arrange for a direct payment of the recapture amount and/or special connection charge to VILLAGE, which in turn will reimburse such amount to the OWNER. It is agreed that the VILLAGE will use its best efforts to collect all such recapture amounts due and owing, but it is further agreed that VILLAGE need not take any legal action to collect the same. The VILLAGE agrees that the OWNER may take such legal action in its own name and/or in the name of the VILLAGE, but the OWNER must pay all court costs, expenses, attorney fees and all other costs relating to the same. It is agreed that the OWNER is an express third party beneficiary under this Agreement. Section 8: The amount of recapture provided for herein, and any recapture fees/special connection fees to be provided for pursuant to the provisions hereof, shall be in addition to any and all fees customarily required by VILLAGE ordinances from any benefited parcel within the Recapture Area. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals, as A applicable, pursuant to lawful authority, this ~~ day of September, 2006. By: X VILLAGE: Village of Mount Prospect, a Municipal Corporation By: X By: X Village President Attest: By: X Village Clerk PICICCO _ Mario_Gilda _ 225 _Leonard _ Watermain_ Recapture_Agreement _ JL Jevised _5-11-06 9-19-06DOC 6 ACKNOWLEDGMENTS ST ATE OF ILLINOIS ) ) COUNTY OF COOK ) I, the undersigned, a Notary Public, in and for the county and State aforesaid, DO HEREBY CERTIFY that Mario Picicco, Jr. and Gilda Picicco, 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 they signed and delivered the said instrument, as their free and voluntary act, for the uses and purposes therein set forth. .J<A.. GIVEN under my hand and official seal this .d..'b day of September, 2006. Commission expires: 0; - 'f-- ~cJo ~~C. ztO(~~~ No ary Public OFFICIAL SEAL JOHN E LOVESTRAND NOTARY PUBLIC. STATE OF ILLINOIS MY COMMISSION EXPfRES:09J04/10 PICICCO_Mario_Gilda _225_Leonard _ Watennain_Recapture_Agreement _JLJevised _5-1 1-06 9-19-06DOC 7 EXHffiIT A Legal Description of the SUBJECT REALTY Lot 2 in Aiello Subdivision of the North 151.50 feet of the West Half of the South Half of the West Half of the Northeast Quarter of the Southeast Quarter of the Northwest Quarter of Section 10, Township 41 North, Range 11, East of the Third Principal Meridian, according to the Plat thereof recorded November 6, 2001, as Document Number 0011039168, in Cook County, llIinois, Common Address: 225 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-149-0000 PICICCO _Mario_Gilda _ 225 _Leonard _ W atennain _Recapture_Agreement _ JL Jevised _5-11-06 9-19-06DOC 9 EXHmIT B Identification of the nine (9) parcels within the Service Area / Recapture Area Parcell: Common Address: 225 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-149-0000 Current Owner: Mario Picicco, Jr. and Gilda Picicco (the OWNER set forth in the Agreement) Parcel 2: Common Address: 227 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-148-0000 Current Owner: Guiseppe Aiello and Marina Aiello Parcel 3: Common Address: 234 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-068-0000 Current Owner: Sean Curran Parcel 4: Common Address: 228 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-067 -0000 Current Owner: Erwin H. Rapp Parcel 5: Common Address: 246 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-070-0000 Current Owner: Toula Poulopoulos PICICCO _ Mario _Gilda _ 225 _Leonard _ Watennain _ Recapture _Agreement _ JL Jevised _5-11-06 9-19-06DOC 10 Parcel 6: Common Address: 240 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-069-0000 Current Owner: Ed Madejczyk and Joyce Madejczyk Parcel 7: Common Address: 235 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-124-0000 Current Owner: Mark S. Lannie Parcel 8: Common Address: 2130 West White Oak Street, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-123-0000 Current Owner: Ronald Rutkowski Parcel 9: Common Address: 301 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-048-0000 Current Owner: Laura Koob and Thomas Koob PICICCO _Mario _Gilda _ 225 _Leonard _ W atermain _Recapture_Agreement _ JL Jevised _5-11-06 9-19-06DOC 11 EXHffiIT C Identification of the nine (9) parcels subject to Recapture Parcel 1: Common Address: 225 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-149-0000 Current Owner: Mario Pi cicco, Jr. and Gilda Picicco (the OWNER set forth in the Agreement) Subject to Recapture: NO; portion previously paid to OWNER. Parcel 2: Common Address: 227 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-148-0000 Current Owner: Guiseppe Aiello and Marina Aiello Subject to Recapture: YES; portion NOT previously paid to OWNER Parcel 3: Common Address: 234 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-068-0000 Current Owner: Sean Curran Subject to Recapture: YES; portion NOT previously paid to OWNER Parcel 4: Common Address: 228 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-067 -0000 Current Owner: Erwin H. Rapp Subject to Recapture: YES; portion NOT previously paid to OWNER Parcel 5: Common Address: 246 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-070-0000 Current Owner: Toula Poulopoulos Subject to Recapture: YES; portion NOT previously paid to OWNER PICICCO _Mario_Gilda _ 225 _Leonard _ W atennain _Recapture_Agreement _ JL Jevised _5-11-06 9-19-06DOC 12 Parcel 6: Common Address: 240 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-069-0000 Current Owner: Ed Madejczyk and Joyce Madejczyk Subject to Recapture: YES; portion NOT previously paid to OWNER Parcel 7: Common Address: 235 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-124-0000 Current Owner: Mark S. Lannie Subject to Recapture: YES; portion NOT previously paid to OWNER Parcel 8: Common Address: 2130 West White Oak Street, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-123-0000 Current Owner: Ronald Rutkowski Subject to Recapture: YES; portion NOT previously paid to OWNER Parcel 9: Common Address: 304 South Leonard Lane, Arlington Heights, Illinois 60005 Permanent Index Number: 08-10-114-048-0000 Current Owner: Laura Koob and Thomas Koob Subject to Recapture: YES; portion NOT previously paid to OWNER PICICCO _Mario_Gilda _225 _Leonard _ W atennain _Recapture_Agreement _ JL Jevised _5-11-06 9-l9-06DOC 13