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HomeMy WebLinkAboutOrd 5684 A 04/15/2008 ORDINANCE NO. 5684-A AN ORDINANCE AMENDING THE OFFICIAL ZONING MAP OF THE VILLAGE OF MOUNT PROSPECT FOR PORTIONS OF THE COMMONWEALTH EDISON RIGHT OF WAY LOCATED AT THE NORTHEAST CORNER OF WOLF ROAD AND EUCLID AVENUE Passed and approved by the President and Board of Trustees the 15th day of April, 2008 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 16th day of April, 2008 ORDINANCE NO. 5684-A AN ORDINANCE AMENDING THE OFFICIAL ZONING MAP OF THE VILLAGE OF MOUNT PROSPECT FOR PORTIONS OF THE COMMOWEAL TH EDISON RIGHT OF WAY LOCATED AT THE NORTHEAST CORNER OF WOLF ROAD AND EUCLID AVENUE WHEREAS, Gendell Partners Euclid & Wolf, LLC ("Petitioner'), has filed an application to rezone certain property, Commonwealth Edison Right-of-Way generally located at the northeast corner of Wolf Road and Euclid Avenue ("Subject Property'), and legally described as follows: That part of the West half of the Northwest quarter of section 25, Township 42 North, Range 11 East of the Third Principal Meridian lying easterly of a line which is 210 feet westerly of (measured at right angles to ) and parallel with the westerly line of the Canadian National Railway (formerly the Wisconsin Central Railroad) and westerly of said westerly right-of-way line of the Canadian National Railway (formerly the Wisconsin Central Railroad), (Excepting that part thereof falling in Wolf Road and that part thereof falling in Euclid Avenue) in Cook County, Illinois; and Property Index Number: 03-35-300-011-0000; and WHEREAS, the Petitioner has requested the Subject Property be rezoned from CR (Conservation Recreation) to B-4 (Commercial Corridor) District; and WHEREAS, a Public Hearing was held on the request for rezoning being the subject of PZ-31-06, before the Planning and Zoning Commission of the Village of Mount Prospect on the 2ih day of September 2007, pursuant to due and proper notice thereof having been published in the Mount Prospect Journal & Topics on the 8th day of August, 2007; and WHEREAS, the Planning and Zoning Commission has submitted its findings and recommendation to the President and Board of Trustees of the Village of Mount Prospect in support of the request being the subject of PZ-31-06; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have considered the request being the subject of PZ-31-06 and have determined that the best interests of the Village of Mount Prospect would be served by granting said request. 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 POWERS: SECTION ONE: The recitals set forth hereinabove are incorporated herein as findings of fact by the President and Board of Trustees of the Village of Mount Prospect. SECTION TWO: The Official Zoning Map of the Village of Mount Prospect, Illinois, as amended, is hereby further amended by reclassifying the property being the subject of this Ordinance from CR (Conservation Recreation) to B-4 (Commercial Corridor) District. SECTION THREE: This amendment of the Official Zoning Map from C-R (Conservation Recreation) to B-4 (Commercial Corridor) District is based upon a conditional use permit for a planned unit development for the construction of a retail center with drive through access, pursuant to Ordinance No. 5684 B, and in the event that such conditional use shall become null and void or revoked pursuant to Section 14.203F(11) of the Mount Prospect Zoning Code, the zoning shall automatically revert back to C-R (Conservation Recreation) and the Official Zoning Map shall be so amended. PZ-31-06 Mapamendment Page 2/2 SECTION FOUR: The Development Agreement, attached as Exhibit "B" is made a part of this ordinance. SECTION FIVE: 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: Hoefert, Korn, Lohrstorfer, Zadel NAYS: None ABSENT: Corcoran, Wilks ABSTAIN: Juracek PASSED and APPROVED this 15th day of April 2008. ATTEST: VlJ~~ O{J M. Lis~ Angell f Village Clerk H :\C LKO\files\WI N\ORD I NANC\mapamend mentwolf _ euclidoctober2007 april2008 Buzz.doc Bh 1 2/6/07 mla 4/15/08 Exhibit "8" DEVELOPMENT AGREEMENT Preamble Gendell Partners Euclid and Wolf, LLC ("Gendell") filed an application with the Village of Mount Prospect, an Illinois home rule municipality ("Village") for the rezoning of the property legally described on Exhibit "A" ("the Property"). The Village has, pursuant to law, determined that it is in the best interests of the Village to grant the rezoning. In consideration of the grant of the rezoning by the Village and other good and valuable consideration, Gendell shall accomplish the following: 1. Obtain the written approval of Commonwealth Edison for the development project as depicted on the October 10, 2007 Site Plan prepared by OKW attached as Exhibit "B"; and 2. The installation of a sidewalk, pursuant to Village standards, as shown on Exhibit "C", provided that Gendell shall not be required to spend more than $50,000.00 toward such installation. If the cost to Gendell is estimated to be greater than $50,000.00, Gendell shall so notify the Village and enter into good faith discussions to otherwise assure the installation of the sidewalk. Gendell understands and acknowledges that the rezoning of the Property is conditioned upon fulfilling the obligations set forth above prior to the issuance of any permits. Permits may be issued prior to the installation of a sidewalk if Gendell posts a cash bond of $50,000 with the Village for the purpose of guaranteeing the installation. If a building permit is not issued by April 30, 2009, the ordinance rezoning the Property shall lapse and the Property shall revert to its prior zoning. DATED: -M \-S- ,2008. VILLAGE OF MOUNT PROSPECT GENDELL PARTNERS EUCLID AND WO L By: H :\CLKO\files\WI N\ag rmts \Gendellsidewalkdecem ber6,2007. DOC iManage:202880 _I