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HomeMy WebLinkAboutRes 08-08 03/04/2008 RESOLUTION NO. 08-08 A RESOLUTION AUTHORIZING THE VILLAGE OF MOUNT PROSPECT TO PROCEED WITH HEARINGS FOR A CONDITIONAL USE FOR SUB AREA #1 REDEVELOPMENT Preamble The Village of Mount Prospect ("Village") is an Illinois Home Rule municipality. The Village is considering the redevelopment of a triangular property generally bounded by Wille Street on the west, Route 83 on the east, a Village parking lot on the north and Northwest Highway on the South (the "Development Property"). The Village has obtained title to certain parcels within the Development Property and has instituted eminent domain proceedings on certain other parcels. Additionally, the Village has entered into discussions with a preferred developer, Heimbaugh Capital Development Corporation ("Developer") of the Development Property. The Developer has already obtained title to numerous parcels and is prepared to apply for a conditional use for a Planned Unit Development for the Development Property . Although not required by the Village Code, it is the general practice of the Village to require that such an applicant be either the owner or contract purchaser of the property that is the subject of the zoning application. The Corporate Authorities of the Village have determined that it is in the best interest of the Village that the necessary hearings for the Conditional Use proceed forward prior to the time that title to all of the parcels have been transferred to the Developer and the Village. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, AS FOLLOWS: iManage:209100_1 SECTION ONE: The Planning and Zoning Commission may, upon application of the Developer and the Village, proceed with the hearings and recommendations with respect to a Conditional Use for a Planned Development on the Development Property even though title may not yet be fully vested in the applicants. SECTION TWO: The Developer shall have no claim against the Village, its agents, officers or employees that the Developer or any of its agents or corporate entities relied, to its detriment, on any implication that approvals would be granted with respect to this project. It is understood by all parties that this Resolution was adopted for the convenience of the Parties and it creates no rights in either party to the ultimate approval of or completion of the Project. SECTION THREE: This Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Juracek, Korn, Lohrstorfer, Zadel NAYS: Hoefert ABSENT: Corcoran PASSED and APPROVED this 4th day of March, 2008. ~$~- Irvana Wilks Mayor ATTEST: /'7?~q~~op M. Li a ngell ( Village CI erk ACCEPTED: By: ~-A-4~~ for Heimbaugh Capital Developm ent Corp. H:\CLKO\files\WIN\RES\Resoltiontriangledevelopmentmarch2008. DOC iManage:2091 00_1