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HomeMy WebLinkAboutOrd 5780 12/15/2009 ORDINANCE NO. 5780 AN ORDINANCE DESIGNATING MOUNT PROSPECT BUSINESS DISTRICT NO.1 (RANDHURST BUSINESS DISTRICT) Passed and approved by the President and Board of Trustees the 15th day of December, 2009 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 16th day of December, 2009 ORDINANCE NO. 5780 AN ORDINANCE DESIGNATING MOUNT PROSPECT BUSINESS DISTRICT NO.1 [RANDHURST BUSINESS DISTRICT] (Southeast Corner of Euclid Avenue and Route 83 on the Randhurst Mall Property) 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, as follows: SECTION 1: The President and Board of Trustees find as follows: A. On December 1, 2009, a public hearing was held by the President and Board of Trustees relative to the designation of Mount Prospect Business District NO.1. B. On December 8, 2009, a second public hearing as required by law was held by the President and Board of Trustees relative to the designation of Mount Prospect Business District NO.1. C. Notice of the initial public hearing was published in the Daily Herald on November 21, 2009 (a copy of the Publisher's Certificate in regard to the publications is attached as Exhibit "A"). D. Notice of the second public hearing was published in the Daily Herald on November 28, 2009 (a copy of the Publisher's Certificate in regard to the publications is attached as Exhibit "A"). E. At each public hearing, Village Staff and a representative of Laube Consulting Group LLC made presentations in regard to the proposed Redevelopment Plan for Mount Prospect Business District No.1; a "blighted area" designation, pursuant to 65 ILCS 5/11-74.3-5, for Mount Prospect Business District No.1; and proposed redevelopment within Mount Prospect Business District No.1; F. At each public hearing, all members of the public who desired to speak relative to the designation of proposed Mount Prospect Business District No.1, the "blighted area" designation, or the proposed Redevelopment Plan, were given an opportunity to speak; G. The area legally described below is an area in need of commercial redevelopment so as to maintain and revitalize stable commercial growth within the Village in accordance with the Mount Prospect Village Code; H. For the reasons as more specifically set forth in the Redevelopment Plan, entitled "Village of Mount Prospect Randhurst Business District No. 1 Plan" and prepared by Laube Consulting Group LLC, attached as Exhibit "B", the area legally described below: (1) is a "blighted area," as defined in 65 ILCS 5/11-74.3-5, by reason of the deterioration of site improvements; 241472_1 (2) constitutes an economic liability to the Village in its present condition and use; and (3) on the whole has not been subject to growth and development by private enterprises and would not reasonably be anticipated to be developed or redeveloped without the Village of Mount Prospect Business District No. 1 Plan set forth in Exhibit "C, which is hereby adopted as though fully set forth." I. In light of Subsection (H) above, the Village should impose a Business District Retailers' Occupation Tax upon all persons engaged in the business of selling tangible personal property at retail within Mount Prospect Business District No. 1 at the rate of one quarter percent (0.25%) of the gross receipts of sales made in the course of business, pursuant to and in accordance with 65 ILCS 5/11-74.3-6; and J. In light of Subsection (H) above, the Village should impose a Business District Service Occupation Tax upon all persons engaged in the business of making sales of service within Mount Prospect Business District No. 1 who, as an incident to making those sales of service, transfer tangible personal property within Mount Prospect Business District No.1, either in the form of tangible personal property or real estate, as an incident to a sale of service, at the rate of one quarter percent (0.25%) of the selling price of such personal property so transferred, pursuant to and in accordance with 65 ILCS 5/11-74.3-6. K. In light of Subsection (H) above, the Village shall impose an Amusement Tax on the sale of tickets to an entertainment event, including the sale of movie theater tickets, in the amount of twenty five cents ($0.25) per ticket throughout the Village of Mount Prospect. For purposes of this Business District, the sale of the tickets will be deemed to have taken place at the venue at which the tickets are actually used. L. In light of Subsection (H) above, the Village shall amend Article XIII of Chapter 8 of the Village Code to increase its Hotel Tax so that it is equal to six (6%) percent of the gross receipts for the rental of hotel or motel rooms throughout the Village of Mount Prospect. SECTION 2: That pursuant to 11-74.3-1 et seq. of the Illinois Municipal Code, the following legally described area is designated as Mount Prospect Business District NO.1: 100 ACRE MALL PARCEL LESS COSTCO AND COSTCO GAS PARCELS PARCEL A: LOTS 1,2, AND 3 (EXCEPTING FROM SAID LOT ONE THAT PART THEREOF TAKEN BY DEPARTMENT OF TRANSPORTATION STATE OF ILLINOIS IN CASE NO. 87L51078 AND ALSO EXCEPTING FROM SAID LOT ONE THAT PART THEREOF CONVEYED TO THE PEOPLE OF THE STATE OF ILLINOIS, DEPARTMENT OF TRANSPORTATION PURSUANT TO THA T CERTAIN QUIT CLAIM DEED RECORDED SEPTEMBER 29, 1995 AS DOCUMENT NO. 95664230) IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST ~ OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24,1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 AND 24]472_1 REGISTERED IN THE OFFICE OF THE REGISTRAR OF TITLES OF SAID COUNTY AS DOCUMENT NO. LR3637429. PARCEL B: THE NORTH 70 FEET OF THE WEST 70 FEET OF THE SOUTH 120 FEET OF THE EAST Yz OF THE SOUTHEAST 1/4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS EXCEPTING FROM SAID PARCELS A AND B THE FOLLOWING PARCEL: A PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST 1;4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO. 1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG THE SOUTH LINE OF SAID LOT 1, A DISTANCE OF 869.28 FEET; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 17.0 FEET TO A POINT ON THE NORTH LINE OF KENSINGTON A VENUE AS WIDENED PER DOCUMENT NUMBER 95664230, SAID POINT BEING THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE CONTINUING NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 292.28 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 150.75 FEET TO A POINT OF CURVE; THENCE SOUTHWESTERLY ALONG A CURVED LINE CONVEX TO THE NORTHWEST, HAVING A RADIUS OF 28.0 FEET, AN ARC LENGTH OF 43.98 FEET, A CHORD BEARING SOUTH 45 DEGREES 00 MINUTES 00 SECONDS WEST 39.60 FEET TO A POINT OF TANGENCY; THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 263.78 FEET TO A POINT ON SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, SAID POINT BEING ON A LINE 17.0 FEET NORTH OF AND PARALLEL TO THE SOUTH LINE OF SAID LOT 1; THENCE SOUTH 89 DEGREES 50 MINUTES 20 SECONDS EAST, ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, A DISTANCE OF 178.75 FEET TO THE POINT OF BEGINNING, CONTAINING 1.19 ACRES, MORE OR LESS. ALSO EXCEPTING FROM SAID PARCELS A AND B THE FOLLOWING PARCEL: A PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST 1/4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE MOST WESTERLY SOUTHWEST CORNER OF ORIGINAL LOT 1 AFORESAID; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, ALONG THE WESTERLY LINE OF SAID LOT 1,360.59 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST, 188.76 FEET TO THE POINT OF BEGINNING OF THIS DESCRIPTION; THENCE NORTH 04 DEGREES 04 MINUTES 56 SECONDS WEST, 39.92 FEET; THENCE NORTHERLY AND NORTHEASTERLY, 22.66 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 19.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 241472 I 29 DEGREES 12 MINUTES 18 SECONDS EAST AND A LENGTH OF 21.40 FEET; THENCE NORTHEASTERLY, 30.22 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 325,11 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF NORTH 59 DEGREES 49 MINUTES 45 SECONDS EAST AND A LENGTH OF 30.21 FEET; THENCE NORTH 56 DEGREES 27 MINUTES 15 SECONDS EAST, 42.41 FEET; THENCE NORTHEASTERLY, 37,52 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 294,91 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 43 DEGREES 06 MINUTES 11 SECONDS EAST AND A LENGTH OF 37,50 FEET; THENCE NORTH 34 DEGREES 51 MINUTES 03 SECONDS EAST, 72.03 FEET; THENCE NORTHEASTERLY, 154.45 FEET ALONG AN ARC TO THE LEFT, HA VING A RADIUS OF 422.95 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 15 DEGREES 01 MINUTES 34 SECONDS EAST AND A LENGTH OF 153,59 FEET; THENCE NORTHERLY AND NORTHEASTERLY, 33,81 FEET ALONG AN ARC TO THE RIGHT, HA VING A RADIUS OF 26.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 41 DEGREES 06 MINUTES 54 SECONDS EAST AND A LENGTH OF 31,56 FEET; THENCE NORTH 77 DEGREES 39 MINUTES 56 SECONDS EAST, 352.49 FEET; THENCE EASTERLY AND SOUTHEASTERLY, 12.40 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 11.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 71 DEGREES 26 MINUTES 54 SECONDS EAST AND A LENGTH OF 11.81 FEET; THENCE SOUTHEASTERL Y, 20.84 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 61,50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 50 DEGREES 16 MINUTES 17 SECONDS EAST AND A LENGTH OF 20.74 FEET; THENCE SOUTH 59 DEGREES 58 MINUTES 01 SECONDS EAST, 51.51 FEET; THENCE SOUTHEASTERLY, 49,87 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 67.50 FEET, SUBTENDED BY A LONG CHORD HA VING A BEARING OF SOUTH 81 DEGREES 07 MINUTES 54 SECONDS EAST AND A LENGTH OF 48.74 FEET; THENCE NORTH 77 DEGREES 42 MINUTES 13 SECONDS EAST, 77,05 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 39 SECONDS EAST, 0,58 FEET; THENCE SOUTH 60 DEGREES 01 MINUTES 21 SECONDS EAST, 28.46 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 39 SECONDS EAST, 300.44 FEET; THENCE SOUTH 60 DEGREES 01 MINUTES 21 SECONDS EAST, 80,14 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 44 SECONDS EAST, 157.32 FEET; THENCE SOUTH 60 DEGREES 00 MINUTES 13 SECONDS EAST, 110.06 FEET; THENCE SOUTHEASTERLY, 151,57 FEET ALONG AN ARC TO THE RIGHT, HA VING A RADIUS OF 1467.70 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 46 DEGREES 46 MINUTES 20 SECONDS EAST AND A LENGTH OF 151.50 FEET; THENCE SOUTH 29 DEGREES 58 MINUTES 49 SECONDS WEST, 587.41 FEET; THENCE NORTH 59 DEGREES 59 MINUTES 56 SECONDS WEST, 150,73 FEET; THENCE SOUTH 30 DEGREES 01 MINUTES 59 SECONDS WEST, 156.61 FEET; THENCE SOUTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, 148,32 FEET; THENCE SOUTH 00 DEGREES 00 MINUTES 34 SECONDS EAST, 214.01 FEET; THENCE SOUTHWESTERLY, 14,17 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 9.00 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 45 DEGREES 05 MINUTES 31 SECONDS WEST AND A LENGTH OF 12.75 FEET; THENCE NORTH 89 DEGREES 48 MINUTES 24 SECONDS WEST, 260,82 FEET; THENCE SOUTH 89 DEGREES 03 MINUTES 38 SECONDS WEST, 83.27 FEET; THENCE NORTH 89 DEGREES 58 MINUTES 19 SECONDS WEST, 145,72 FEET; THENCE WESTERLY, 33,26 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 61,50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 74 DEGREES 28 MINUTES 47 SECONDS WEST AND A LENGTH OF 32.85 FEET; THENCE NORTH 58 DEGREES 59 MINUTES 15 SECONDS WEST, 25,69 FEET; THENCE NORTHWESTERLY AND NORTHERLY, 105,29 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 108,50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 31 DEGREES 11 MINUTES 12 SECONDS WEST AND A LENGTH OF 101.21 FEET; THENCE NORTHERLY, 31.26 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 114.20 FEET, SUBTENDED BY A LONG CHORD 24J472~J HAVING A BEARING OF NORTH 11 DEGREES 13 MINUTES 39 SECONDS WEST AND A LENGTH OF 31.16 FEET; THENCE NORTH 06 DEGREES 34 MINUTES 06 SECONDS WEST, 11.08 FEET; THENCE NORTH 01 DEGREES 40 MINUTES 22 SECONDS WEST, 61.21 FEET TO THE POINT OF BEGINNING, CONTAINING 13.12 ACRES, MORE OR LESS. the property being more fully depicted on Exhibit "C" commonly known as the Southeast Corner of Euclid Avenue and Route 83 on the Randhurst Mall Property. SECTION 3: That Village Staff is directed to prepare an Ordinance imposing the taxes as set forth in Sections (G) and (H) above. SECTION 4: In promoting the commercial development/redevelopment within Mount Prospect Business District No.1, the President and Board of Trustees may exercise those powers as set forth in Section 11-74.3-3 of the Illinois Municipal Code. SECTION 5: This Ordinance shall be in full force and effect from and after its adoption and approval as provided by law. AYES: Hoefert, Juracek, Korn, Polit, Zadel NAYS: None ABSENT: Matuszak PASSED AND APPROVED this 15th day of December, 2009. 1ltv~ ( ~//k; 1'rvana K. Wilks I Mayor ATJES~ ~- ~/7. / 'c7~') :? M. User Angell ' Village H :\CLKO\WI N\ORDI NANCE2\BI Ddesignatingord i na nce2finaldec2009. doc 241472_1 DAILY HERALD SECTION 4 PAGE 3 I f Notice of Public Hearing for Creation of BU5INEJtB~i~~CJ5~1~t~~rl~~1l MAll, , The Village of Mount Prospect shall conduct a public hearing at the Mount pras,pec1Village Hall, Village I!oard Roam. 50 S. Emerson Street, Mount Prospect on Tuesday. December 1. 2009 at the hour of 7:00 p.m. for the establish- ment of q Business District, pursuantta65llCS 5flJ.7olJ.5. T~e . BUSiness District, shall be established fOr an area Within the Village of Mount Prospect, INally described as' PARCEL A: LOTS 1,2, AND 3 (EXCEPTING FROM SAID LOT ONE THAT PART THEREOF TAKEN BY DEPART- MENT OF TRANSPORTATION STATE OF IlliNOIS IN CASE NO. 87151078 AND ALSO EXCEPT.ING FROM SAID LOT ONE THAT P.ART THEREOF CONVEYEO'TO THE PEOPLE OF THE STATE OF ILLINOIS. DEPARTMENT OF TRANSPORTATION PURSUANT TO THAT CERTAIN QUIT CLAIM DEED RECORDED SEPTEMBER 29, 1995 AS DOCUMENT NO. 95664230) IN,RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDI- VISION OF PART OF THE SOUTHEAST '4 OF SECTION 27. TOWNSHIP <42 NORTH. RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN; IN COOK COUNTY. IL- LINOIS. ACCORDING TO THE PLAT OF SAID RAND. HURST CENTER RESUBDIVISION . NO.1 RECORDED JULY 24,198711'1 THE OFFICE OF THE RECOROER OF DEEDS OF COOK COUNTY. ILLINOIS AS DOCUMENT NO. 87408581 AND REGISTEREO IN THE OFFICE OF THE REGIST'RAR OF TITLES OF SAID COUNTY AS DOCUMENT NO. LR3637429. PARCEL B: THE NORTH 70 FEET OF THE WEST 70 FEET OF THE SOUTH 120 FEET OF THE EAST V, OF THE SOUTHEAST '4 OF SECTION 27, TOWNSHIP 42 NORTH. RANGE 11, EAST'OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS EXCEPTING FROM SAID PARCELS A'AND B THE FOL. LOWING PARCEL: A PART OF LOT 111'1 RANDHURST CENTER RESUBDI- VISION - NO.1. BEING A RESUBDIVI;SION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST '4 OF SECTlON,,27. TOWN- SHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRIN. CIPAL MERIDIAN, ACCORDING ro THE PLAT OF SAID RANDHURST CENTER RESUBDIV.ISION . NO: 1 RECORDED JULY 24, 198711'1 THE OFFICE OF THE RE- gg~B~~~t ~g.E891o~1 C~~EC~~~f!cJ~lrr8)SD~ SCRIBEDAS FOLLOWS: 'COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST. ALONG THE SOUTH LINE OF SAID LOT 1. A DISTANCE OF 869.28 FEET; THENCE NORTH' 00 DEGREES 00 MINUTES 00 SECONDS EAST,. A DIS- TANCE OF 17.0 FEeT TO A POINT ON THE NORTH LINE OF KENSINGTON AVENUE AS WIDENED PER DOCUMENT NUMBER 95664230. SAID POINT BEING THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE CONTINUING NORTH 00 DE- GREES 00 MINUTES 00 SECONDS EAST. A DISTANCE OF 292.28 FEET; THENCE NORTH 90 DEGREES'OO MIN- UTES 00 SECONDS WEST, A DISTANCE OF 150,75 FEET TO A POINT OF CURVE; THENCE 'SOUTHWESTERLY ALONG A CURVED LINE CONVEX TO THE NORTH- WEST, HAVING A RADIUS OF 28.11 FEET. AN ARC LENGTH OF 43.98 FEET. A CHORD BEARING SOUTH 45 DEGREES 00 MINUTES 00 SECONDS WEST 39.60 FEET TO A POI"!T OF TANGENCY; THENCE SOUTH 00 DE. GREES 00 MINUTES 00 SECONDS WEST. A,DISTANCE OF 263.78 FEET TO A POINT ON SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, SAID POINT BEING ON A LINE 17.0 FEET NORTH OF AND PARAL- LEL TO THE SOUTH'LINE OF SAID LOT 1; THENCE R~~1~ g~PDE~g~f~ ~~I~H~SN~~g!fg~9..~~~~~ AS WIDENED. A DISTANCE OF 178.75 FEET TO THE f,.~I~J oWLls1~INNING, CONTAINING 1.19 ACRES. ALSO EXCEPTING FROM SAID PARCELS' A AND B THE FOLLOWING PARCEL: A PART OF LOT 111'1 RANDHURST CENTER RESUBDI- VISIQN - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST '10 OF SECTION 27, TOWN- SHIP42 NORTH, RANGE 11 EAST OF THE THIRDPRIN. CIPAL MERIDIAN. ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION . NO. 1 ' RECORDEnJliLY 24, 198711'1 THE OFFICE OF THE RE- CORDER OF DEEOS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DE- SCRIBED AS FOLLOWS: E')(h'\ V)\ -\ ,~ .SATURDAY, NOVEMBER 21,2009 COMMENCING AT THE MOST WESTERLY SOUTH- WEST CORNER OF ORIGINAL LOT 1 AFORESAID; ; THENCE NOR'TH 00 DEGREES 00 MINUTES 00 SEC-' I ONDS WEST, ALONG THE WESTERLY LINE OF ,SAID' I };"9~J'r~'~ Fs~~llNb'1E~~~l?faW ~E~EfG~6EM2 POINT OF BEGINNING OF THIS DESCRIPTION; !THENCE NORTH 04 DEGREES 04 MINUTES 56 SEC- 2~~~~llt~t2.r~~1i ~~~~CfL~~~T~~Rk~l~g THE RIGHT. HAVING A RADIUS OF 19.50 FEET. SUB. TENDED BY. A LONG CHORD HAVING A BEARING OF I NORTH 29 DEGREES 12 MINUTES 18 SECONDS &AST AND A LENGTH OF 21.40 FEET; THENCE NORTH. EASTERLY, 30.22 FEET ALONG AN ARC TO THE LEFT. HAVING A RADIUS OF 325.11 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 59 DE. GREES 49 MINUTES 45 SECONDS EAST AND A LENGTH OF 30.21 FEET; THENCE NORTH' 56 DE- ~~~~U7 N~~NT'llEEls+U'[~~~?5S2 TfeSJt ~'~M~\T~ ARC TO THE LEFT, HAVING A RADIUS OF 294.91 FEET. SUBTENDED BY A LONG CHORD HAVING A BEARING 10F NORTH 43 DEGREES 06 MINUTES 11 SECONDS EAST ANOA LENGTH OF 37.50 FEET; THENCE NORTH 34 DEGREES 51 MINUTES 03 SECONDS EAST, 72.03 FEET; THENCE NORTHEASTERLY, ~ 154.45 FEET ALONG AN ARC TO THE LEFT. HAVING A RADIUS OF 422.95 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 15 DEGREES 01 MINUTES 34 SECONDS EAST AND A LENGTH OF 153.59 FEET; ~~~~S.EL~~:l~ENc! T~N,PH~~~~~~~~I~I~JJ A3~1~ DIUS OF 26.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 41 DEGREES 06 MIN. UTES 54 SECONDS EAST AND A LENGTH OF 31.56 FEET; THENCE NORTH 77 DEGREES 39 MINUTES 56 SECONOS EAST. 352.49 FEET; THENCE EASTERl..Y, ANDSOUTHEASTERLy,12.40 FEET ALONG AN ARCTO THE RIGHT, HAVING A RADIUS OF 11.50 FEET, SUB. TENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 71 DEGREES 26 MINUTES 54 SECONDS EAST AND A LENGTH OF 11.81 FEET; THENCE SOUTHEAST. ERLy,20.84 FEET ALONG AN ARC TOTHE LEFT. HAV- ING A RADIUS OF 61.50,FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 50 DE- GREES 16 MINUTES 17 SECONDS EAST AND A LENGTH OF 20.74 FEET; THENCE SOUTH 59 DEGREES 58 MINU'TES.Ol SECONDS EAST, 51.51 FEET; THENCE ,SOUTHEASTERLY, 49.87 FEET ALONG AN ARC TO THE LEFT. HAVING A RADIUS OF 67.50 FEET. SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 81 DEGREES 07 MINUTES 54 SECONDS EAST AND A LENGTH OF 48.74 FEET; THENCE NORTH 77 DE- ~~~~MXN~Il'Wl~i J~~~~'rsD~ i(j~1rr~~5 J1~t;- ONDS EAST, 0.58 FEET; THENCE SOUTH 60,DEGREES 01 MINUTES 21 SECONDS EAST, 28.46 FEET: THENCE NORTH 29 DEGREES 58 MINUTES 39 SECONDS EAST, 300.44 FEET; THENCE SOUTH 60 DEGREES 01 MIN. ~l5~~J€~f~r~~~5Hg.l~F~fcllJ6'sE~~~f.~~l~ FEET; THENCE SOUTH 60 DEGREES 00 MINUTES 13 SECONDS EAST, 110.06 FEET; THENCE SOUTHEAST. ERLY, 151.57 FEET ALONG AN ARC TO THE RIGHT. ~t~l~g lH~~gWlv~~a~7 J~r~I'f.13 &~Bs1'm~~ Jll GREES 46' MINUTES 20 SECONDS EAST AND A LENGTH OF 151.50' FEET; THENCE SOUTH 29 DE, GREES 58 MINUTES 49 SECONDS WEST, 587.41 FEET, THENCE NORTH 59 DEGREES 59 MINUTES 56 SEC- ONDS WEST, 150.73 FEET; THENCE SOUTH 30 DE- GREES 01 MINUTES S9 SECONDS WEST. 1'56.61 FEET; THENCE SOUTH 90 DE.GREES 00 MINUTES 00 SEC- ,ONOS WEST. 148.32 FEET; THENCE SOUTH 00 DE- GREES 00 MINUTES 34 SECONDS EAST, 214.01 FEET; THENCE SOUTHWESTERLY. 14.17 FEET ALONG AN ARC TO THE RIGHT. HAVING A RADIUS OF 9.00 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 45 OEGREES 05 MINUTES 31 SECONDS WEST AND A LENGTH OF 12.75 FEET; THENCE 'NORTH 89 DEGREES 48 MINUTES 24 SECONOS WesT, 260.82 FEET; THENCE SOUTH 89 DEGREES 03 MIN- UTES 38 SECONDS WEST. 83.27 FEET; THENCE NORTH 89 DEGREES 58 MINUTES 19 SECONDS WEST. 145.72 FEET; THENCE WESTERLY, 33.26 FEET ALONG AN ARC TO THE RIGHT. HAVING A RADIUS OF 61.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 74 DEGREES 28 MINUTES 47 SECONDS WEST AND A LENGTH OF 32.85 FEET; THENCE NORTH 58 DEGREES 59 MINUTES 15 SECONDS WEST. ' 25.69 FEET; THENCE NORTHWESTERLY AND NORTH- ERLY, 105.29 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 108.50 FEET. SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 31 DE- GREES 11 MINUTES 12 SECONDS WEST AND A LENGTH OF 101.21 FEET; THENCE NORTHERLY. 31.26 FEET ALONG AN ARC TO THE LEFT. HAVING A RA- DIUS OF 114.20 FEET, SUBTENDED BY A LONG CHORD HAVING,A BEARING OF NORTH 11 DEGREES 13 MIN- UTES 39' SECONDS WEST AND A LENGtH OF 31.16 FEET; THENCE NORTH 06 DEGREES 34 MINUTES 06 SECONDS WEST. l1:as FEET; THENCE NORTH 01 DE- GREES 40MINUTES 22 SECONDS WEST. 61.21 FEET TO THE POINT OF BEGINNING, CONTAINING 13.12 ACRES. MORE OR LESS. and generallY located on the property known os the Rand- hurst Shopping Mall at the southeast corner of illinois Route 83 and Euclid Avenue; The proposed Business District legislation shall include, among ather things. on additional Sales Tax of one-<luarter of one percent (.25%), an Increase of the Hotel Tax (to be imposed thraughautthe Village) of six percent (6%) and an Amusement Tax of twenty five 25 cents ($0.25) per ticket an all entertainment events within the Business District. PI~:e ~~ro~~.~~~egl t~~~~~nJ:~~I~arra~a~~r~~~~ taxes within the DistrIct as detailed in the Redevelopment Agreement between the Village of Mount Prospect and R~1?~~rf~a;~ar~i~~~~Jll~~eL;,Til-flaVe an opportunity to speak on the issue of the creation of the Business District. A Copy of the proposed Ordlriance creating the District shall be available from the Village Clerk at the Village Hall. 50 S. Emerson Street, Mount Prospect, illinois. Published in Daily Herold Nov. 21. 2009 (4189170lN Notice Of Public Heoring NOTICE OF PUBLIC HEARING FOR CREATION OF BUSINESS DISTRICT AT RANDHURST MALL, MOUNT PROSPECT, ILLINOIS The Village of Mount Pr05pect sholl conduct 0 second public hearing at the Mount Pros- pect Village Hall, Village Boord Room, 50 S. Emerson Street, Mount Prospect on Tuesdoy, December 8, 2009 at the hour of 6:00 p.m. for the establishment of a Business District, pur- suant to 65 ILCS 5/11.743-5. The Business District shall be established for on orea within the Village of Mount Pro'Spec1, legally described os: PARCEL A: LOTS I. 2, ANO 3 (EOXCEOPTING FROM SAID LOT ONEO THAT PART THEOREOF TAKEON BY DEOPARTMEONT OF TRANSPORTATION STATEO OF ILLINOIS IN CASEO NO. 87L51076 AND ALSO EOXCEOPTING FROM SAID lOT ONEO THAT PART THEOREOOF CONVEYEOD TO THE PEOPlE OF THE STATE OF IlLINOIS, DEPART. MEONT OF TRANSPORTATION PURSUANT TO THAT CERTAIN QUIT CLAIM DEED REOCORDED SEPTEMBER 29, 1995 AS DOCUMENT NO. 95664230) IN RANDHURST CENTER REOSUBDIVISION . NO 1. BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST If. OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MEORIDIAN, IN COOK COUNTY, ILLINOIS, ACCORDING TO THEO PLAT OF SAID RANDHURST CEONTER RESUBDIVISION. NO.1 RECORDEOD JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, IlLINOIS AS DOCU. MENT NO. 87408581 AND REGISTEREOD IN THE OFFICE OF THEO REGISTRAR OF TI. TlES OF SAID COUNTY AS DOCUMENT NO. LR3637429. PARCEOL B: THE NORTH 70 FEET OF THEO WEOST 70 FEEOT OF THE SOUTH 120 FEOET OF THE EAST II, OF THE SOUTHEAST ,/, OF SECTION 27, TOWNSHIP 42 NORTH, RANGEO 11, EOAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, IlLl. NOIS EOXCEPTING FROM SAID PARCElS A AND B THE FOLLOWING PARCEL: . A PART OF LOT I IN RANDHURST CENTER RESUBDIVISION. NO.1, BEING ARE. SUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF 11 PART OF THEO SOUTHEAST II. OF SECTION 27. TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PR INCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTEOR RESUBDIVISION NO 1 RECORDEOD JULY 24, 1967 IN THEO OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCU- MENT NO. 87408581 MOREO PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG THE SOUTH LINE OF SAID LOT 1. A DISTANCE OF 869.28 FEET: THENCE NORTH 00 DEGREES 00 MINUTESOO SEC. ONDS EAST, A DISTANCE OF 17.0 FEET TO A POINT ON THE NORTH LINE OF KENSINGTON AVENUE AS WIDENED PER DOCUMENT NUMBER 95664230, SAID POINT BEING THE POINT OF BEGINNING OF THE TRACT HEREIN DEOSCRIBED; THEONCE CONTINU ING NORTH 00 DEOGREOEOS 00 MINUTES 00 SECONDS EAST, A DIS. TANCEO OF 292.26 FEOET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 150.75 FEET TOA POINT OF CURVE; THENCE SOUTHWEST- ERLY ALONG A CURVED LINE CONVEX TOTHE NORTHWEST, HAVING A RADIUS OF 28.0 FEET. AN ARC LENGTH OF 43.98 FEET, A CHORD BEARING SOUTH 45 DE. GREES 00 MINUTES 00 SECONDS WEST 39.60 FEET TO A POINT OF TANGENCY; THENCE SOUTH 00 DEOGREOES 00 MINUTES 00 SEOCONDS WEST, A DISTANCE OF 263.78 FEEOT TO A POINT ON SAID NORTH LINE OF KENSINGTON AVENUE AS WID. ENEOO, SAID POINT BEING ON A LINE 17.0 FEET NORTH OF AND PARALLEL TO' THE SOUTH LINE OF SAID LOT 1; THENCE SOUTH 89 DEGREES 50 MINUTES 20' SEOCONDS EAST, ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WID. ENED. A DISTANCE OF 178.75 FEOET TO THE POINT OF BEGINNING, CONTAINING 1.19 ACRES, MORE OR LESS. ALSO EXCEPTING FROM SAID PARCELS A AND B THE FOLLOWING PARCEL: A PART OF LOT 1 IN RANDHURST CENTER REOSUBDIVISION - NO.1, BEING ARE. SUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST 'I, OF SECTION 27. TOWNSHIP 42 NORTH. RANGE 11 EAST OF THEO THIRO PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION . NO.1 RECORDED JUlY 24, 1967 IN THEO OFFICE OF THEO REOCORDER OF DEEODS OF COOK COUNTY, ILLINOIS AS DOCU- MEONT NO. 87408581 MORE PARTICULARLY DESCRIBEOD AS FOLLOWS: COMMEONCING AT THE MOST WESTEORLY SOUTHWEST CORNER OF ORIGINAL LOT 1 AFORESAID: THEONCEO NORTH 00 DEGREOEOS 00 MINUTES 00 SECONDS WEST, ALONG THEO WESTERlY LINE OF SAID lOT I. 360.59 FEET; THENCE NORTH 90 DE. GREOES 00 MINUTEOS 00 SECONDS EAST, 168.76 FEn TO THE POINT OF BEOGINNING OF THIS DEOSCRIPTION; THENCE NORTH 04 DEGREEOS 04 MINUTEOS 56 SECONDS WEOST, 39.92 FEOn; THEONCEO NORTHERLY AND NORTHEASTERLY, 22.66 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 19.50 FEOET, SUBTENOED BY A LONG CHORD HAVING A BEOARING OF NORTH 29 DEGREES 12 MINUTES 18 SEOCONDS EOAST AND A LENGTH OF 21.40 FEOn: THENCE NORTHEASTERLY, 30.22: FEOET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 325.11 FEET, SUB-I TEONDEOD BY A LONG CHORD HAVING A BEARING OF NORTH 59 DEGREES49MIN- UTES 45 SECONDS EOAST AND A LENGTH OF 30.21 FEET; THENCE NORTH 56 DE- GREOES 27 MINUTES 15 SEOCONDS EOAST. 42.41 FEOEOT; THEONCE NORTHEASTERLY, 37.52 FEOET AlONG AN ARC TO THEO LEFT. HAVING A RADIUS OF 294.91 FEET, SUB- TENDEOD BY A LONG CHORD HAVING A BEOARING OF NORTH 43 DEGREES06MIN. UTES 11 SEOCONDS EOAST AND A LENGTH OF 37.50 FEEOT: THENCE NORTH 34 010- GREOEOS 51 MINUTEOS 03 SEOCONDS EOAST. 12.03 FEOEOT; THENCE NORTHEASTERLY, 154.45 FEOET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 422.95 FEET, SUBTEONDEOD BY A LONG CHORD HAVING A BEOARING OF NORTH 15 DEGREOES 01 MINUTEOS 34 SEOCONDS EAST AND A LENGTH OF 153.59 FEOEOT; THEONCE NORTH- EORl Y AND NORTHEOASTERL Y. 33.81 FEOEOT AlONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 26.50 FEOET, SUBTENDEOD BY A LONG CHORD HAVING A BEARINGOF NORTH 41 DfGREOEOS 06 MINUTEOS 54 SECONDS EAST AND A LEONGTH OF 31.56 FEOEOT; THEONCE NORTH 77 DEOGREOES 39 MINUTEOS 56 SECONDS EOAST, 352.49 FEET; THENCEO EASTERLY AND SOUTHEOASTEORL Y, 12.40 FEOEOT AlONG AN ARC TO THEO RIGHT, HAVING A RADIUS OF 11.50 FEOEOT, SUBTEONDED BY A LONG CHORD HAV. ING A BEOARING OF SOUTH 71 DEGREES 26 MINUTEOS 54 SECONDS EAST AND A LEONGTH OF il.81 FEET: THEONCE SOUTHEOASTERlY, 20.84 FEEOT ALONG AN ARC TO THE LEFT. HAVING A RADIUS OF 61.50 FEEOT. SUBTENDEOD BY A LONG CHORD HAVING A BEARING OF SOUTH 50 DEOGREEOS 16 MI NUTES 17 SECONDS EOAST AND A LEONGTH OF 20.74 FEET; THENCE SOUTH 59 DEGREES 58 MINUTES 01 SEOCONDS EAST, 51.51 FEEOT; THEO NCE SOUTHEOASTERL Y. 49.87 FEOET ALONG AN ARC TO THE LEFT. HAVING A RADIUS OF 67.;0 FEOEOT, SUBTEONDEOD BY A LONG CHORD HAVING A BEOARING OF SOUTH 81 DEOGREOES 07 MINUTES 54 SECONDS EAST AND A LEONGTH OF 48.7~ FEET; THEONCE NORTH 77 DEOGREEOS 42 MINUTES 13 SECONDS EAST, 77.05 FEOEOT: THEONCE NORTH 29 DEOGREEOS 58 MINUTEOS 39 SEOCONDS EAST, 0.58 FEEOT; THENCE SOUTH 60 DEGREOEOS 01 MINUTES 21 SECONDS EAST, 28.46 FEOET; THEONCE NORTH 29 DEOGREES 58 MINUTES 39 SEOCONDS EAST, 300.44 FEn; THEONCE SOUTH 60 DEGREEOS 01 MINUTES 21 SECONDS EAST, 80.14 FEET; THENCEO NORTH 29 DEGREEOS 58 MINUTES 44 SECONDS EAST. 157.32 FEET; THENCE SOUTH I 60 DEGREEOS 00 MINUTES 13 SEOCONDS EAST, 110.06 FEET; THENCE SOUTHEAST- ERLY, 151.57 FEOET ALONG AN ARC TO THEO RIGHT, HAVING A RADIUS OF 1467.70 FEEOT, SUBTEONDED BY A LONG CHORD HAVING A BEARING OF SOUTH 46 DE. ~~Jf~ Nt"~~WJ~~ l3 ~T~8~~~ 4~~~g~gsAwLls~~sWR~~W:OMJ'JtJ~5~~R 59 DEGREOES 59 MINUTES 56 SECONDS WEST, 150.73 FEEOT; THEONCEO SOUTH 30 DEO. GREO EOS 01 MI NUTES 59 SECONDS WEST, 156.61 FEE T; THENCEO SOUTH 90 DEGREOES 00 MINUTES 00 SECONDS WEOST. 1'8.32 FEET: THEO NCE SOUTH 00 DEGREES 00 MIN. UTES 34 SEOCONDS EAST, 21.01 FEOEOT: THENCE SOUTHWEOSTEORLY, 14.17 FEOEOT ALONG AN ARC TO THE RIGHT, HAVI NG A RADI US OF 9.00 FEET. SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 45 DEOGREOEOS 05 MINUTES 31 SEC- ONDS WEST AND A LENGTH OF 12.75 FEET; THENCEO NORTH 89 DEGREES 48 MIN. UTEOS 2' SECONOS WEST, 260.82 FEEOT; THENCEO SOUTH 89 DEGREOEOS 03 MINUTEOS 38 SEOCONDS WEOST. 83.27 FEOET: THENCEO NORTH 89 DEOGREEOS 58 MINUTEOS 19 SEC. ONDS WEST. 145.72 FEOET: THENCE WESTEORLY, 33.26 FEOET AlONG AN ARC TO THEO RIGHT. HAVII'lG A RADIUS OF 6150 FEET. SUBTENDEOD BY A LONG CHORD HAVING A BEARING OF NORTH 74 DEGREOES 28 MINUTEOS 47 SECONDS WEOST AND A LENGTH OF 32.85 FEEOT; THENCEO NORTH 58 DEOGREOES 59 MINUTES 15 SECONDS WEST. 25.69 FEEOT: THENCEO NORTHWESTEORLY AND NORTHEORLY, 105.29 FEOEOT ALONG AN ARC TO THEO RIGHT. HAVING A RADIUS OF 108.50 FEET, SUBTENDEOD BY A lONG CHORD HAVING A BEOARING OF NORTH 31 DEGREES 11 MINUTEOS 12 SEOCONDS WEOST AND A LENGTH OF 101.21 FEOEOT; THEONCE NORTHERLY, 31.26 FEOET ALONG AN IIRC TO THEO LEFT, HAVING A RADIUS OF 114.20 FEEOT, SUB. TENDEOD BY A LONG CHORD HAVING A BEOARING OF NORTH 11 DEGREES 13MIN- UTES 39 SEOCONDS WEST AND A LEONGTH OF 31.16 FEOEOT; THENCEO NORTH 06 DEO- GREES34MINUTEOS06SEOCONDSWEOST, II 08FEOEOT; THEONCE NORTH 01 DEGREES 40 MINUTEOS 22 SECONDS WEST, 61.21 FEOET TO THE POINT OF BEGINNING, CON. TAINiNG 13.12 ACRES. MOREO DR lESS. and generol:v tocated on the property Known as the Randhursl Shopping Malt at fne south- east corner of Illinois Route 83 and Euclid Avenue. The proposed Business District legislation shall include, among other things! an Qddi~ tional Soles Tox of one.qUortN of one percent (.25i;:c l. an increase of the Hotel Tax (to be imposed throughou1 the Villoge) of six percent (6%) and an Amusement Tox of twenty five 25 cents ($0.25) per ticket on 011 entertainment events- within the Business District. The proposed Business Oislrict legislation shall also pledge up to $25,000,000 of the reve- nue raised from certoll1tax~s within thE' District 051 detailed in the Redevelopment Agree- ment between the Village of Mount Prospect and Rondhurst Shopping Center LLC. All of thos€:: in ottendcmce will have an opportunity to speak on the issue of the creotion of the BUSiness District A COPY of the proposed Ordinonce creating the District sholl be ovoi!ablp from the Village Clerk ot the Villoge Hall. 50 S. Emerson Street, Mount Pros- pect, Illinois Published in the Deilv Herald November 28, 2009 {.1896151 N {;1- Vtl 16\,+ ~ -r e'{k\~\-r B Business District Plan For. the Randhurst Village Business District Area "Mount Prospect Business District No.1" Mount Prospect, Illinois Prepared for the Village of Mount Prospect Village of Mount Prospect Business District Plan TABLE OF CONTENTS I. Executive Summary 3 II. Redevelopment Area Description 4 III. Background of Site 4 N. Business District Area Goals and Zoning 6 V. Summary of Blighting Conditions 10 VI. Business District Redevelopment Project 11 VII. Conformance to Comprehensive Plan 16 VIII. Provisions for Amending the Plan 17 IX. Proposed Project, Approximate Location and Scheduling of Plan 18 X. Rate of Tax to be Imposed 19 XI. Lack of Growth Through Private Investment 20 XII. Conclusions 21 Appendix . Table - Parcel Numbers . Legal Description of the Area . Boundary Map of the Area . Legal Description of Parcel A · Boundary Map of Parcel A Laube Consulting Group 2 Village of Mount Prospect Business District Plan I. EXECUTIVE SUMMARY The Village of Mount Prospect ('the Village") is dedicated to the continued growth and economic development of the Village. The Village's ability to stimulate growth and development relies on the creation and implementation of government poli~ies that will allow the Village to work with the private sector to eliminate blighting conditions, enhance the tax base, and ensure sound growth and development of property. Based upon the Village's establishment of this Business District Area, it is understood that the Village recognizes the necessity of the relationship between continued community growth and public participation. The blighting of communities impairs the value of private investment and threatens the growth of the community's tax base. Additionally, the Village understands the dangers associated with blighting factors and problems arising from blighted conditions. Both of these statements are supported by the Village's establishment of the Business District Area. The Illinois General Assembly passed the Business District Development and Redevelopment Act (65 ILCS 5/11-74.3 et. seq.) (the "Act") to address the public interest with respect to the enhancement of the tax base and elimination of blighting conditions in many Illinois municipalities. The blighting of communities impairs the value of private investment and threatens the growth of the community's tax base. The Act declares that it is in the economic and social welfare of each municipality that blighting conditions be addressed, and economic opportunity be garnered by assuring opportunities for development or redevelopment and attracting sound and stable commercial growth. The Village's Business District Redevelopment Plan (the "Plan") was developed to provide a description of the necessary actions to address existing blighting conditions and attract sound and stable commercial growth. The proposed Business District Area generally bounded by Euclid Ave. to the north, Route 83 to the west, Kensington and Rand Rds. to the south and the mall access road to the east. (please see legal description and map in the Appendix.) encompasses approximately 100 acres of land in the Village. From an economic perspective, the implementation of the Plan through the use of Business District sales tax revenues should stimulate private investment in the Business District Area (the "Area"). The combined public and private investment should eliminate the blighting conditions that currently exist in the Area. Laube Consulting Group 3 Village of Mount Prospect Business District Plan II. BUSINESS DISTRICT AREA DESCRIPTION The Area encompasses approximately 100 acres ofland in the Village. The Area generally bounded by Euclid Ave. to the north, Route 83 to the west, Kensington and Rand Rds. to the south and the mall access road to the east, however, it excludes the Costco Parcels. (Please see legal description and map in the Appendix.) Based upon the fonner use of the Area, the current site conditions, and property history, it is reasonable to assume that, without the establishment of a Business District and the use of a Business District Sales Tax, the Area is not likely to develop. III. BACKGROUND OF SITE The original Rmidhurst Mall was designed by Victor Gruen, a pioneer of modem shopping mall de'sign. Unlike most shopping malls of the time; which were built in a straight line between two . anchoring depBrtnient stores, Gruen's design was shaped llkellil equilateral ti-iangle;with an .'.' anchoring department store at each angle: Additional stores lined the sides of the triangle on two' . levels: a conventional level and a level located half a floor below the:-ti{down a.flight of . stairS), faCing the flfSt level A floor of offices occupied the level above , '. floor" ofstores. A ring of Clet.estory windows was mounted ina domed areaover the centerof~emall; mounted just inside these windows were numerous stained glass windows inViuious oval and round'. '.' ..... .. .... shapes; oriented in such a way as to cast beams of colored light into,the mall itself. As the mall ' was built at the height of the Cold War, it included a fallout shelter.big enou to hold every citizen of Mount Prospect. " '... '. . '.:, . At the s 962 opening, the one million square o()Randh~rst Mall had tbfe . department store anchors: Wieboldt's, Carson Pirie Scott, and The Fair: All three anc ors had two above-ground floors and a full basement. Of the three anchors, the CarsoIl Pirie Scott anchor was the most distinctive, featuring turquoise-colored accenis at the entrances and multi-colored lights around its perimeter. Other ~tores included BaskiIis, Charles A. Stevens, and Woolworth's. In. '.' 1 965,'Montgomery Ward purchased The Fair and renamed all its stores as Montgomery Ward; ..' Wards alsohuilt an auto service center at the perimeter of the mall. Rllildhurst would retain this configuration well into the 1980s. ~ . In1985,tl1en-owners the Rouse Corporation converted the upper sub-level of offices into a food court-oneo(thefirst.inthe.Chicago area - and more retail space; a complete conventiopal second floor of retail space would be construct~dby 1990. The "subfloor" of stores was also made larger and easier to access. In 1987, the entire. Wieboldt's chain went bankrupt and closed their stores; Pe.oria, lllinois-based Bergner's acquired the empty Randhurst location. Shortly thereafter, Elgin-based specialty department store Joseph Spiess built a minor anchor (61,000 sq ft.) riexUo theWieboldt's/Bergner's anchor, and Main Street added another minor anchor near the Montgomery Ward anchor Gust before the chain was acquired by Kohl's). Spiess expanded too rapidly and too late for the market; as a consequence of this, the chain went bankrupt, and the store at Randhurst closed on January 31, 1992. Laube Consulting Group 4 Village of Mount Prospect Business District Plan In J 990, Ber allowing the JCPenney'to Spi~ss" .",' Filen ' to it ti Laube Consulting Group 5 Village of Mount Prospect Business District Plan IV. BUSINESS DISTRICT AREA GOALS AND ZONING The Act encourages both public and private sector cooperation to address and resolve issues with deteriorating and declining areas. The Act, as seen in its legislative intent, recognizes that the physical and economic decline of properties impairs the value of private investment and threatens the community's health, safety, and welfare and it is in the community's best interest to develop or redevelop properties and attract sound and stable commercial growth. The continued investment in and development of the Area will not only strengthen the Area, but the entire Village through sound economic growth, an increased tax base, and additional employment opportunities. The Plan is based on the following redevelopment goals: General Goals of the Village · Restore and expand the tax base in order to maintain a high level of services, programs, and facilities; . Stimulate private investment; . Encourage new development and expansion in an orderly manner; · Encourage productive use of underutilized and vacant property; . Restore and enhance the property-tax base within the Area; · Encourage sales tax producing enterprises in the Area; · Enhance the Village's image as a desirable place to live; · Eliminate blighting conditions which prevent further development of the Area; and · Utilize the parcels in the Area and surrounding area for a development that is in conformance with their overall planning efforts. To meet the goals and objectives of this Plan, the Village may acquire and assemble property throughout the Project Area. Land assemblage by the Village may be by purchase, exchange, donation, lease, eminent domain and may be for the purpose of (a) sale, lease or conveyance to private developers, or (b) sale, lease, conveyance or dedication for the construction of public improvements or facilities. As appropriate, the Village may devote acquired property to temporary uses until such property is scheduled for disposition and development. In connection with the Village exercising its power to acquire real property, including the exercise of the power of eminent domain, under the Act in implementing the Plan, the Village will follow procedures as required by Il1inois law. Acquisition of such real property as may be authorized by the Village Council does not constitute a change in the nature of this Plan. Laube Consulting Group 6 Village of Mount Prospect Business District Plan Zoning for the Area The area is currently zoned for as a B-3 Community Shopping Zone District. Additionalland uses are permitted by Ordinance No. 5705, an Ordinance granting a conditional use pennit, certain variations, and a special use for signage of property. Therefore, the zone provides for the following uses: · Accessory uses and structures, incidental to and on the same zoning lot as the pennitted use. . Bakeries. . Barbershops. · Beauty shops. . Candy and ice cream stores. . Dressmakers. . Drugstore. · Dry-cleaning and laundry establishment. · Flower store. · Food store, grocery store, meat market and delicatessen. · Gift shop. . Hardware store. · Laundromat, automatic, self-service only. . Music or dance studio. · Offices, business and professional. · Restaurants, not including entertainment and dancing. · Shoe and clothing repair shops. . Variety stores. . Wearing apparel shops. · Wireless service facilities shall be permitted as set forth in subsection 14.313E of this chapter. · Accessory uses and buildings, incidental to and on the same zoning lot as the pennitted use. . Antique shops. · Art and school supply stores. . Art and woodcraft studios. . Art, sculptor, and composer studios. · Art shops or galleries, but not including auction rooms. . Automobile accessory stores. . Banks and financial institutions. · Bicycle sales, rental, and repair stores. · Business machine sales and service. · Camera and photographic supply stores. · Carpet and rug stores, retail sales only. · China and glassware stores. . Clothing and costume rental stores. · Clubs and lodges, nonprofit and fraternal. . Coin and philatelic stores. Laube Consulting Group 7 Village of Mount Prospect Business District Plan · Computer sales, service and accessories. . Dairy products, retail sales. · Department stores. · Educational services: · Schools: music, dance, business, commercial or business machine, but not trade schools or vocational. · Electrical and household appliance stores, including radio and television sales, and repair. · Furniture stores, including upholstering when conducted as part of the retail operations and secondary to the principal use. · Furrier shops. . Hearing aid stores. · Home improvement centers, not including outdoor storage. · Household appliance stores. · Interior decorating shops, including upholstering and making of draperies, slipcovers, and other similar articles, when conducted as part of the retail operations and secondary to the principal use. · Jewelry stores, including watch repair. . Lamp and lighting fixtures. · Lawn and garden equipment and supply stores. · Leather goods and luggage stores. · Libraries, museums and art galleries, public. · Liquor stores, packaged goods. · Locksmith shops. · Mail order, catalog store. . Martial arts school. · Medical and dental clinics. · Municipal buildings. · Music stores, including cassettes, compact discs, and accessories. · Musical instrument sales and repair. · Office machine sales and servicing. · Office supply stores. · Optician sales, retail and orthopedic and medical appliance stores. . Paint, glass, and wallpaper stores. · Party supply stores. . Pet shops. · Photography studios, including the developing of film and pictures when conducted as part of the retail business on the premises. . Picture framing. . Post office. · Printing and duplicating services. · Radio and television sales, service, and repair. . Recorded music and video rental stores. · Repair, rental or servicing of any article, the sale of which is a permitted use in the district. · Restaurants, including entertainment, dancing, and outside dining areas subject to the requirements of subsection 14.311B of this chapter. · Schools (see Educational services). . Secondhand stores and rummage shops. Laube Consulting Group 8 Village of Mount Prospect Business District Plan · Sewing machine sales and service, household appliances only. . Shoe stores. . Sporting goods stores. . Tailor shops. . Tanning salon. . Taverns and cocktail lounges. . Telegraph offices. . Theaters, indoor. . Ticket agencies, amusement. . Tobacco shops. . Toy shops. . Travel agencies. · Watchman's quarters. . Wireless service facilities · Any other use as permitted by the zoning director or as may be amended in the zoning code from time to time by action of the Plan Commission and Village Council These general types of uses are consistent with the overall goals of the Area for the following reasons: · Through private investment in redevelopment, the tax base of the Area will increase. · The increased tax base will generate additional incremental property tax revenues which may be used to fund eligible project costs in accordance with the Plan. · Through private investment and implementation of the Plan, it is reasonably anticipated that the blighting factors will be eliminated. · Through private investment, productive use of underutilized and vacant land will be achieved. Laube Consulting Group 9 Village of Mount Prospect Business District Plan V. SUMMARY OF BLIGHTING CONDITIONS EXISTING IN THE AREA As set forth in the Act, the Illinois General Assembly has detennined that, in order to promote and protect the health, safety, morals, and welfare of the public, blighted conditions need to be eradicated. The Act also states that the eradication of these blighted areas is essential to the public interest. Prior to the adoption of an ordinance adopting a Business District, there are certain statutory requirements that must be met. One of the requirements for eligibility of the area is that the municipality must demonstrate that the Area qualifies as a "blighted area". Based on site inspections, surveys and area analysis, the Area qualifies for designation as a blighted area as defmed in the Act. We have examined all seven (7) parcels within the proposed Business District Area. Our finding concludes that the Area on the whole contains 1 of 5 blighting factors. The one factor, deterioration~ was found present to a major extent and was reasonably distributed throughout the whole Area. Please see the accompanying Eligibility Report for our detailed findings. Laube Consulting Group 10 Village of Mount Prospect Business District Plan VI. BUSINESS DISTRICT REDEVELOPMENT PROJECT This section presents the Plan to be implemented by the Village and prospective redevelopers of the Area. The section is divided into the following subsections: · Redevelopment Objectives · Redevelopment Plan and Project Activities · Estimated Redevelopment Project Costs · Sources of Funds to Pay Obligations · Issuance of Obligations · Surplus Incremental Tax Revenue Redevelopment Objectives The following represent major redevelopment objectives of the Village: · Enhance the Village's image as a desirable place to live; · Expand the tax base in order to maintain a high level of services, programs, and facilities; · Encourage productive use ofunderutiIized and/or vacant properties; · Strengthen the economic well-being of the Area; · Eliminate blighting conditions which prevent further development of the Area; · Upgrade any public infrastructure, thereby preparing the Area for new private investment; · Stimulate private investment; · Increase revenue (e.g., property and sales tax revenue) generation from currently underutiIized property within the Area; · Assemble or encourage the assembly of land into parcels of appropriate size and shape for redevelopment in accordance with this Plan; · Encourage functional and visually attractive buildings, rights-of-way, and open spaces and encourage high standards of design; · Provide needed improvements and facilities in proper relationship to the projected demand for such facilities in accordance with the present-day design standards for such facilities; · Provide needed incentives to encourage a broad range of improvements and new development; and Laube Consulting Group 11 Village of Mount Prospect Business District Plan Redevelopment Plan and Project Activities Pursuant to the Act, the Village has the power to take the following actions: · To approve all development and redevelopment proposals for the Business District · To exercise the use of eminent domain for the acquisition of real and personal property for the purposes of a development and/or redevelopment project. . · To acquire, manage, conveyor otherwise dispose of real and personal property according to the provisions of a development or redevelopment plan. .. · To apply for and accept capital grants and loans from the United States and the State of Illinois, or any instrumentality of the United States or the State, for Business District development or redevelopment. · To borrow funds as it may be deemed necessary for the purpose of Business District development or redevelopment, and issue such obligations or revenue bonds as it shall be deemed necessary. · To enter into contracts with any private or public agency or person. · To sell, lease, .trade or improve real property in connection with Business District development and redevelopment plans. · To employ all such persons as may be necessary for the planning, administration and implementation of Business District plans. · To expend such public funds as may be necessary to the planning, execution, and implantation of Business District Plans. · To establish by ordinance or resolution procedures for the planning, execution, and implementation of Business District plans. · To create a Business District Development or Redevelopment Commission to act as agent for the Village. · To impose a retailers' occupation tax and a service occupation tax in the Business District. . To impose a hotel operators' occupation tax. · To issue obligations in one or more series bearing interest at rates determined by the corporate authorities of the municipality by ordinance and secured by the Business District Tax Allocation Fund set forth in the Act. All of the above-mentioned Plan activities would take specific action on the part of the Village. Estimated Redevelopment Project Costs To eliminate the blighting factors present in the Area and to meet the redevelopment objectives, the Village plans to make a number of improvements in the Area. Table 1 identifies the eligible redevelopment project costs under the Act that the Village may fund to implement the Plan over the Area's twenty-three (23) year life. Redevelopment projects in the Area would not reasonably be anticipated to be developed without the adoption of the Plan. Laube Consulting Group 12 Village of Mount Prospect Business District Plan Table 1 Estimated Development and Redevelopment Project Costs (3) Business District Area Eligible Activities: 1. Analysis, Administration, Studies, Surveys, Legal, Marketing, etc. 2. Property Assembly including Acquisition, Site Prep and Demolition, Environmental Remediation 3. Rehabilitation of Existing Buildings, Fixtures and Leasehold Improvements, Affordable Housing Construction and Rehabilitation Costs 4. Public Works & Improvements, including streets and utilities, parks and open space, public facilities (schools & other public facilities) (1) 5. Job Training, Retraining, 6. Financing costs 7. Construction of New Private Buildings and Improvements 8. Relocation costs 9. Interest costs incurred by the redeveloper related to the construction, renovation or rehabilitation of a redevelopment project Total Eligible Development and Redevelopment Project Costs $1,000,000 $10,000,000 $15,000,000 $15,000,000 $4,500,000 $3,000,000 $10,000,000 $5,000,000 $1,000,000 $64,500,000 Laube Consulting Group 13 Village of Mount Prospect Business District Plan Notes for Table 1 - Redevelopment Project Costs 1. The Village reserves the right to move amounts among the eligible cost categories. Table 1 represents a listing of costs associated with the Area over the life of the Area. The budget of the eligible costs does not obligate the Village to fund specific levels. 2. Total Redevelopment Costs exclude any additional fmancing costs, including any interest expense, capitalized interest and costs associated with any municipal obligation issued. 3. The ability of the Village to fund all or a portion of the eligible redevelopment costs is based on the amount of Business District taxes generated over the 23-year life of the Area.. 4. Increases in estimated total Redevelopment Costs of more than five percent, after adjustment for inflation from the date of Redevelopment Plan adoption, are subject to Redevelopment Plan amendment procedures as provided under the Act. 5. Additional funding from other sources such as federal, state, county, or local grant funds may be utilized to supplement the Village's ability to fmance Redevelopment Project Costs identified above. Laube Consulting Group 14 Village of Mount Prospect Business District Plan Sources of Funds to Pay Obligations Funds necessary to pay for redevelopment project costs and/or municipal obligations which have been issued or incurred to pay for such costs are to be derived principally from business district retailers' occupation tax revenues and/or proceeds from municipal obligations which have as their revenue source as business district retailers' occupation taxes. Business district retailers' occupation tax revenues will be the principal source of repayment of Village obligations, but other tax revenues as the Village may deem appropriate from time to time may also be used. Issuance of Obligations According to section 11-74.3-6 of the Act, the Village may issue obligations (notes, bonds, or other as allowed by Illinois statute) secured by the business district tax revenues from the Area. In addition, the Village may wish to secure the obligations with other designated revenue, or a pledge offull faith and credit of the, municipality, or other general or special revenue sources as it deems appropriate. All obligations must be retired by the 23rd year from the date of designation of the Area by the Village. The final maturity date of any financial obligation may not exceed 23-years from the date of issuance. One or more series of obligations may be issued to implement the Plan for the Area. Subsequent obligations, if any, may be issued as junior lien obligations or as parity obligations. Surplus Incremental Tax Revenue Surplus funds must be distributed in accordance with the Act. Laube Consulting Group 15 Village of Mount Prospect Business District Plan VII. CONFORMITY TO THE COMPREHENSIVE PLAN This Redevelopment Plan and Project include land uses which will be approved by the Village's Plan Commission and Village Board (see Section IV above) prior to the adoption of the Business District Plan. Therefore, the overall proposed land use is consistent with the intent and direction set forth by comprehensive and strategic planning efforts. Laube Consulting Group 16 Village 0/ Mount Prospect Business District Plan VIII. PROVISIONS FOR AMENDING THE PLAN The Plan may be amended by the Village in accordance with the provisions in the Act. Laube Consulting Group 17 Village of Mount Prospect Business District Plan IX. PROPOSED PROJECT, APPROXIMATE LOCATION AND SCHEDULING OF PLAN The currently proposed project is the redevelopment of the currently underutilized mall parcel (Parcel A - as legally described in the Appendix) to a current and updated retail development conforming to current standards of design, layout, and leasing. This project is anticipated to take place in the Area. There may be future development or redevelopment projects in the Area that may be proposed. Over the life of the Area, the timing of business investment cannot be predicted with precision. However, it is reasonable to expect the following public and private investments over the life of the Area. As the Plan is implemented, the numerous blighting factors will be eliminated and the following activities are likely to occur within the Area: . Clearing and grading of the land within the Area . Provision for adequate water, sewer and electrical power to support additional development . Construction of residential living units in the Area . Construction of commercial buildings that will support retail, office, and other commercial uses . Implement reconstruction, renovation, and extension of public roadways as required to service existing and new businesses . Private investment in new facilities . Revitalization of existing uses in the Area The estimated date for completion of the Area shall be no later than 23-years from the adoption of the ordinance of the Village Council approving the Area. Laube Consulting Group 18 Village of Mount Prospect Business District Plan X. RATE OF TAX TO BE IMPOSED The Village may impose a Business District Retailers' Occupation tax on all persons engaged in selling tangible personal property, subject to the limitations in the Act, up to the maximum prescribed in the Act, as amended from time to time. The Village may also impose a Business District Hotel Operators' Occupation tax, on all qualifying uses, subject to the limitations in the Act, up to the maximum prescribed in the Act, as amended from time to time. Any additional Business District taxes imposed by the Village shall remain in effect no longer than 23-years from the date of the designation of the Business District and adoption of this Plan by the Village Council. Laube Consulting Group 19 Village of Mount Prospect Business District Plan XI. LACK OF GROWTH THROUGH PRIVATE INVESTMENT Based on our observations and research of the Area there has been no new construction or significant redevelopment in the Area for the last two decades. The lack of private investment is evidenced by the following findings and conditions: · Due to increasing functional and economic obsolescence, and the arrival of new competition in the marketplace (e.g., Deerpark Lifestyle Center in Deerpark, Illinois), the mall space itself exhibits a high degree of vacancy. In 2007, the mall was 21.6% vacant which represents 73,323 square feet of vacancy. In 2008, the mall is 56.3% vacant representing 191,192 square feet of unoccupied space. · Ingress and egress to the site is severely outdated and traffic flow not up to modem day commercial standards. · We have analyzed the site conditions and potential costs of redevelopment. It is our finding that the extraordinary costs are prohibitive to redeveloping the site without the implementation of this Redevelopment Plan and the use of the Business District sales tax, a significant financial "gap" exists between the economics as they currently are and what is necessary to achieve a viable redevelopment. · The presence of the blighting conditions, as detailed in the Eligibility Report, creates an impediment to the further development of the site. The Area is an excellent representation of the type of area which lacks the requisite private investment to prevent or eliminate blighting factors in the general area and promote business growth and the health, safety, and morals of the community. In summary, the Area on the whole has not been subject to growth and development through investment by private enterprise, and the Area is not reasonably anticipated to further develop without the direct participation of the Village through the implementation of the Plan and the use of Business District fmancing. Laube Consulting Group 20 Village of Mount Prospect Business District Plan XII. CONCLUSIONS The following statements summarize the Plan: . The Area on the whol~ has not been subject to growth and development. . Without the establishment of a redevelopment project area and the use of Business District fmancing, the Area is not likely to experience significant private development. . Implementation of the Plan will meet the Village's long-tenn development objectives, eliminate the blighting conditions which exist, and enhance the morals, safety, and welfare of the Village and assure opportunities for development and redevelopment with sound and stable commercial growth. As a result, all the parcels in the Area are anticipated to experience benefit from this redevelopment. Laube Consulting Group 21 Village of Mount Prospect Business District Plan APPENDIX TABLE 1 Redevelopment Area Parcel Numbers Parcel Number 03-27-401-261 03-27-401-264 03-27-401-265 and 040 03-27-401-269 03-27-401-270 Parcel A 03-27-401-262 AMC Theater/Steak and Shake Borders Books Home Depot Carsons Buffalo Wild Wings Mall Chase Bank Laube Consulting Group 22 Village of Mount Prospect Business District Plan LEGAL DESCRIPTION OF THE AREA 100 ACRE MALL PARCEL LESS COST CO AND COST CO GAS PARCELS PARCEL A: LOTS 1,2, AND 3 (EXCEPTING FROM SAID LOT ONE THAT PART THEREOF TAKEN BY DEPARTMENT OF TRANSPORTATION STATE OF ILLINOIS IN CASE NO. 87L51078 AND ALSO EXCEPTING FROM SAID LOT ONE THAT PART THEREOF CONVEYED TO THE PEOPLE OF THE STATE OF ILLINOIS, DEPARTMENT OF TRANSPORTATION PURSUANT TO THAT CERTAIN QUIT CLAIM DEED RECORDED SEPTEMBER 29, 1995 AS DOCUMENT NO. 95664230) IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST 1f4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDV\N, IN COOK COUNTY, ILLINOIS, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 AND REGISTERED IN THE OFFICE OF THE REGISTRAR OF TITLES OF SAID COUNTY AS DOCUMENT NO. LR3637429. PARCEL B: THE NORTH 70 FEET OF THE WEST 70 FEET OF THE SOUTH 120 FEET OF THE EAST !12 OF THE SOUTHEAST 1f4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS EXCEPTING FROM SAID PARCELS A AND B THE FOLLOWING PARCEL: A PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST 1f4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG THE SOUTH LINE OF SAID LOT 1, A DISTANCE OF 869.28 FEET; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 17.0 FEET TO A POINT ON THE NORTH LINE OF KENSINGTON AVENUE AS WIDENED PER DOCUMENT NUMBER 95664230, SAID POINT BEING THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE CONTINUING NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 292.28 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 150.75 FEET TO A POINT OF CURVE; THENCE SOUTHWESTERLY ALONG A CURVED LINE CONVEX TO THE NORTHWEST, HAVING A RADIUS OF 28.0 FEET, AN ARC LENGTH OF 43.98 FEET, A CHORD BEARING SOUTH 45 DEGREES 00 MINUTES 00 SECONDS WEST 39.60 FEET TO A POINT OF TANGENCY; THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 263.78 FEET TO A POINT ON SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, SAID POINT BEING ON A LINE 17.0 FEET NORTH OF AND PARALLEL TO THE SOUTH LINE OF SAID LOT 1; THENCE SOUTH 89 DEGREES 50 MINUTES 20 SECONDS EAST, ALONG SAID Laube Consulting Group 23 Village of Mount Prospect Business District Plan NORTH LINE OF KENSINGTON AVENUE AS WIDENED, A DISTANCE OF 178.75 FEET TO THE POINT OF BEGINNING, CONTAINING 1.19 ACRES, MORE OR LESS. ALSO EXCEPTING FROM SAID PARCELS A AND B THE FOLLOWING PARCEL: A PART OF LOT 1 IN RANDHURST CENTER RESUBDNISION - NO.1, BEING A RESUBDNISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDNISION OF PART OF THE SOUTHEAST 'i4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDNISION - NO.1 RECORDED JULY 24, 1987 IN THE' OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE MOST WESTERLY SOUTHWEST CORNER OF ORIGINAL LOT 1 AFORESAID; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, ALONG THE WESTERLY LINE OF SAID LOT 1,360.59 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST, 188.76 FEET TO THE POINT OF BEGINNING OF THIS DESCRIPTION; THENCE NORTH 04 DEGREES 04 MINUTES 56 SECONDS WEST, 39.92 FEET; THENCE NORTHERLY AND NORTHEASTERLY, 22.66 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 19.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 29 DEGREES 12 MINUTES 18 SECONDS EAST AND A LENGTH OF 21.40 FEET; THENCE NORTHEASTERLY, 30.22 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 325.11 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 59 DEGREES 49 MINUTES 45 SECONDS EAST AND A LENGTH OF 30.21 FEET; THENCE NORTH 56 DEGREES 27 MINUTES 15 SECONDS EAST, 42.41 FEET; THENCE NORTHEASTERLY, 37.52 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 294.91 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 43 DEGREES 06 MINUTES 11 SECONDS EAST AND A LENGTH OF 37.50 FEET; THENCE NORTH 34 DEGREES 51 MINUTES 03 SECONDS EAST, 72.03 FEET; THENCE NORTHEASTERLY, 154.45 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 422.95 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF NORTH 15 DEGREES 01 MINUTES 34 SECONDS EAST AND A LENGTH OF 153.59 FEET; THENCE NORTHERLY AND NORTHEASTERLY, 33.81 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 26.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 41 DEGREES 06 MINUTES 54 SECONDS EAST AND A LENGTH OF 31.56 FEET; THENCE NORTH 77 DEGREES 39 MINUTES 56 SECONDS EAST, 352.49 FEET; THENCE EASTERLY AND SOUTHEASTERLY, 12.40 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 11.50 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 71 DEGREES 26 MINUTES 54 SECONDS EAST AND A LENGTH OF 11.81 FEET; THENCE SOUTHEASTERLY, 20.84 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 61.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 50 DEGREES 16 MINUTES 17 SECONDS EAST AND A LENGTH OF 20.74 FEET; THENCE SOUTH 59 DEGREES 58 MINUTES 01 SECONDS EAST, 51.51 FEET; THENCE SOUTHEASTERLY, 49.87 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 67.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 81 DEGREES 07 MINUTES 54 SECONDS EAST AND A LENGTH OF 48.74 FEET; THENCE NORTH 77 DEGREES 42 MINUTES 13 SECONDS EAST, 77.05 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 39 SECONDS EAST, 0.58 FEET; THENCE SOUTH 60 DEGREES 01 MINUTES 21 SECONDS EAST, 28.46 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 39 SECONDS EAST, 300.44 FEET; THENCE SOUTH Laube Consulting Group 24 Village of Mount Prospect Business District Plan 60 DEGREES 01 MINUTES 21 SECONDS EAST, 80.14 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 44 SECONDS EAST, 157.32 FEET; THENCE SOUTH 60 DEGREES 00 MINUTES 13 SECONDS EAST, 110.06 FEET; THENCE SOUTHEASTERLY, 151.57 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 1467.70 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 46 DEGREES 46 MINUTES 20 SECONDS EAST AND A LENGTH OF 151.50 FpET; THENCE SOUTH 29 DEGREES 58 MINUTES 49 SECONDS WEST, 587.41 FEET; THENCE NORTH 59 DEGREES 59 MINUTES 56 SECONDS WEST, 150.73 FEET; THENCE SOUTH 30 DEGREES 01 MINUTES 59 SECONDS WEST, 156.61 FEET; THENCE SOUTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, 148.32 FEET; THENCE SOUTH 00 DEGREES 00 MINUTES 34 SECONDS EAST, 214.01 FEET; THENCE SOUTHWESTERLY, 14.17 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADillS OF 9.00 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 45 DEGREES 05 MINUTES 31 SECONDS WEST AND A LENGTH OF 12.75 FEET; THENCE NORTH 89 DEGREES 48 MINUTES 24 SECONDS WEST, 260.82 FEET; THENCE SOUTH 89 DEGREES 03 MINUTES 38 SECONDS WEST, 83.27 FEET; THENCE NORTH 89 DEGREES 58 MINUTES 19 SECONDS WEST, 145.72 FEET; THENCE WESTERLY, 33.26 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADillS OF 61.50 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF NORTH 74 DEGREES 28 MINUTES 47 SECONDS WEST AND A LENGTH OF 32.85 FEET; THENCE NORTH 58 DEGREES 59 MINUTES 15 SECONDS WEST, 25.69 FEET; THENCE NORTHWESTERLY AND NORTHERLY, 105.29 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 108.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 31 DEGREES 11 MINUTES 12 SECONDS WEST AND A LENGTH OF 101.21 FEET; THENCE NORTHERLY, 31.26 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 114.20 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 11 DEGREES 13 MINUTES 39 SECONDS WEST AND A LENGTH OF 31.16 FEET; THENCE NORTH 06 DEGREES 34 MINUTES 06 SECONDS WEST, 11.08 FEET; THENCE NORTH 01 DEGREES 40 MINUTES 22 SECONDS WEST, 61.21 FEET TO THE POINT OF BEGINNING, CONTAINING 13.12 ACRES, MORE OR LESS. Source: Woolpert Laube Consulting Group 25 c: SV Pro. c:t,\Aondhu'" Noll a162~ - RO'IIIIII....I VIlla cl. .hillits 6162~ - 80Ulldo, 0 Porc:1'l A,d. . 1'1011111 B IIKlmO'1 Ploltl4; Oct JO. 2001 _ 11:21om m l)> I ,... 0 ';0 m ~g! (;) C I m z l!!l Oi !;l I z . :t i 0 C ~el ~ -c I )> ,... f1:1 I I I a ~ i 5 s: I )> "'tJ 0 ." : ;;U 0 m r- )> . . . . 11~1' , " : i~ h:1 ~ 1~1 I Ij;i' I Zl I 'l!!I' I~ :1 I~' :' )>, , '~'I lffi ; I, I, . : .~ ,I " " II I , , l i I I I _=d '" '" "z. -~-~~J--'=":-= ~C'~ :L ll~ li~ I'~ i.'" .:2 :I~ I,~ , 1 ~ " I! I: ,; 'I ----------~! 1 1 1 ....\--- \ \ , - -...... - -------------- CoI'_.... ._. _I '11..'''. .~_".Ol'" r -------- --I , o - .... RANDHURST VILLAGE PART OF THE SOUTHEAST QUARTER OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY. ILUNCS BOUNDARY MAP OF PARCEL A IliAI ,'IV .... :.. WOOl..PERT. INC. 1815 South Meyers Rood, ~s.,il'120 Ookbrook T.roc:,. IL. 60181 6JO.-424.1080 'WOOtIBRT FAX: 630.-495.3731 PfIIOJECT", .. DATE 57&25 DATE 1.O.aQLQL ICALE~ DES.~ DR. e.I!L- CKD. ____ -- Village of Mount Prospect Business District Plan Legal Description of Parcel A LOT 1 (EXCEPTING FROM SAID LOT ONE THAT PART THEREOF TAKEN BY DEPARTMENT OF TRANSPORTATION STATE OF ILLINOIS IN CASE NO. 87L5I078 AND ALSO EXCEPTING FROM SAID LOT ONE THAT PART. THEREOF CONVEYED TO THE PEOPLE OF THE STATE OF ILLINOIS, DEPARTMENT OF TRANSPORTATION PURSUANT TO THAT CERTAIN QUIT CLAIM DEED RECORDED SEPTEMBER 29, 1995 AS DOCUMENT NO. 95664230}IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDNISION OF PART OF THE SOUTHEAST \4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 AND REGISTERED IN THE OFFICE OF THE REGISTRAR OF TITLES OF SAID COUNTY AS DOCUMENT NO. LR3637429. ALSO EXCEPTING FROM LOT 1 THE FOLLOWING 10 PARCELS: PARCEL 1: THAT PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDNISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST Y4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 LYING WITHIN THE FOLLOWING DESCRIBED PARCEL MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG THE SOUTH LINE OF SAID LOT 1, A DISTANCE OF 869.28 FEET; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 17.0 FEET TO A POINT ON THE NORTH LINE OF KENSINGTON AVENUE AS WIDENED PER DOCUMENT NUMBER 95664230, SAID POINT BEING THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE CONTINUING NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 148.00 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 19.00 FEET; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 144.29 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 797.25 FEET; THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 294.58 FEET TO A POINT ON SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, SAID POINT BEING ON A LINE 17.0 FEET NORTH OF AND PARALLEL TO THE SOUTH LINE OF SAID LOT 1; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG SAID NORTH LINE OF KENSINGTON A VENUE AS WIDENED, A DISTANCE OF 816.25 FEET TO THE POINT OF BEGINNING. ALSO; THE NORTH 70 FEET OF THE WEST 70 FEET OF THE SOUTH 120 FEET OF THE EAST Yz OF THE SOUTHEAST \4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. PARCELS DESCRIBED ABOVE CONTAIN 5.44 ACRES, MORE OR LESS. Laube Consulting Group 27 Village of Mount Prospect Business District Plan PARCEL 2: A PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST ~ OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 19~7 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG THE SOUTH LINE OF SAID LOT 1, A DISTANCE OF 869.28 FEET; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 17.0 FEET TO A POINT ON THE NORTH LINE OF KENSINGTON A VENUE AS WIDENED PER DOCUMENT NUMBER 95664230, SAID POINT BEING THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE CONTINUING NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 292.28 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 150.75 FEET TO A POINT OF CURVE; THENCE SOUTHWESTERLY ALONG A CURVED LINE CONVEX TO THE NORTHWEST, HAVING A RADIUS OF 28.0 FEET, AN ARC LENGTH OF 43.98 FEET, A CHORD BEARING SOUTH 45 DEGREES 00 MINUTES 00 SECONDS WEST 39.60 FEET TO A POINT OF TANGENCY; THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 263.78 FEET TO A POINT ON SAID NORTH LINE OF KENSINGTON A VENUE AS WIDENED, SAID POINT BEING ON A LINE 17.0 FEET NORTH OF AND PARALLEL TO THE SOUTH LINE OF SAID LOT 1; THENCE SOUTH 89 DEGREES 50 MINUTES 20 SECONDS EAST, ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, A DISTANCE OF 178.75 FEET TO THE POINT OF BEGINNING, CONTAINING 1.19 ACRES, MORE OR LESS. PARCEL 3: A PART OF LOT 1 IN RANDHURST CENTERRESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST 1,4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 00 DEGREES 03 MINUTES 50 SECONDS WEST, ALONG THE EAST LINE OF SAID LOT 1, A DISTANCE OF 17.00 FEET TO A POINT ON THE NORTH LINE OF KENSINGTON AVENUE AS WIDENED PER DOCUMENT NUMBER 95664230; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, AND ALSO ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED EXTENDED WESTERLY, A DISTANCE OF 1272.01 FEET TO THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED, SAID POINT ALSO BEING ON THE SOUTH LINE OF SAID LOT 1; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 291.15 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 135.50 FEET TO A POINT OF CURVE; THENCE SOUTHEASTERLY, ALONG A CURVED LINE CONVEX TO THE NORTHEAST, HAVING A RADIUS OF 30.0 FEET, AN ARC LENGTH OF 47.12 FEET, A CHORD BEARING SOUTH 45 DEGREES 00 MINUTES 00 SECONDS EAST 42.43 FEET TO A POINT OF TANGENCY; THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 261.61 FEET TO A POINT ON SAID NORTH LINE OF KENSINGTON A VENUE AS WIDENED, SAID POINT BEING ON A Laube Consulting Group 28 Village of Mount Prospect Business District Plan LINE 17.0 FEET NORTH OF AND PARALLEL TO THE SOUTH LINE OF SAID LOT 1; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, AND ALSO ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED EXTENDED WESTERLY, A DISTANCE OF 165.50 FEET TO THE POINT OF BEGINNING, CONTAINING 1.10 ACRES, MORE OR LESS. PARCEL 4: A PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST ~ OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID LOT 1; THENCE NORTH 00 DEGREES 03 MINUTES 50 SECONDS WEST, ALONG THE EAST LINE OF SAID LOT 1, A DISTANCE OF 17;00 FEET TO A POINT ON THE NORTH LINE OF KENSINGTON AVENUE AS WIDENED PER DOCUMENT NUMBER 95664230; THENCE NORTH 89 DEGREES 50 MINUTES 20 SECONDS WEST, ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED, AND ALSO ALONG SAID NORTH LINE OF KENSINGTON AVENUE AS WIDENED EXTENDED WESTERLY, A DISTANCE OF 1272.01 FEET TO THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED, SAID POINT ALSO BEING ON THE SOUTH LINE OF SAID LOT 1; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 291.15 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 199.73 FEET; THENCE SOUTH 28 degrees 59 minutes 27 seconds west, a distance of23.18 feet TO THE MOST EASTERLY SOUTHEAST CORNER OF THE TRACT DESCRIBED IN EXHffiIT A IN A MEMORANDUM OF LEASE RECORDED MARCH 19, 1999 AS DOCUMENT NUMBER 99268894; THENCE SOUTH 28 DEGREES 59 MINUTES 27 SECONDS WEST, ALONG THE SOUTHEASTERLY LINE OF SAID TRACT, A DISTANCE OF 29.00 FEET; THENCE CONTINUING ALONG THE SOUTHEASTERLY LINE OF SAID TRACT, SOUTH 00 DEGREES 00 MINUTES 33 SECONDS EAST, A DISTANCE OF 43.00 FEET TO THE MOST SOUTHERLY SOUTHEAST CORNER OF SAID TRACT; THENCE SOUTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 201.87 FEET TO A POINT ON THE SOUTH LINE OF SAID LOT 1; THENCE SOUTH 89 DEGREES 50 MINUTES 20 SECONDS EAST, ALONG THE SOUTH LINE OF SAID LOT 1, A DISTANCE OF 225.01 FEET TO THE POINT OF BEGINNING, CONTAINING 1.49 ACRES, MORE OR LESS. PARCEL 5: A PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST ~ OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF THE SOUTHEAST ~ OF SAID SECTION 27; THENCE ON AN ASSUMED BEARING OF NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, ALONG THE WEST LINE OF SAID SOUTHEAST ~, 840.83 FEET; THENCE NORTH 89 DEGREES 59 MINUTES 27 SECONDS EAST, 54.73 FEET TO THE POINT OF BEGINNING; THENCE NORTH 44 DEGREES 59 MINUTES 27 Laube Consulting Group 29 Village of Mount Prospect Business District Plan SECONDS EAST, 28.00 FEET; THENCE NORTH 89 DEGREES 59 MINUTES 27 SECONDS EAST, 86.08 FEET; THENCE SOUTH 43 DEGREES 00 MINUTES 33 SECONDS EAST, 17.95 FEET; THENCE SOUTH 05 DEGREES 16 MINUTES 33 SECONDS EAST, 395.00 FEET; THENCE SOUTH 18 DEGREES 45 MINUTES 33 SECONDS EAST, 45.00 FEET; THENCE SOUTH 36 DEGREES 45 MINUTES 33 SECONDS EAST, 115.00 FEET; THENCE SOUTlJ 28 DEGREES 59 MINUTES 27 SECONDS WEST, 29.00 FEET; THENCE SOUTH 00 DEGREES 00 MINUTES 33 SECONDS EAST, 43.00 FEET; THENCE SOUTH 85 DEGREES 59 MINUTES 27 SECONDS WEST, 174.00 FEET; THENCE NORTH 04 DEGREES 45 MINUTES 33 SECONDS WEST, 604.00 FEET TO THE POINT OF BEGINNING, CONTAINING 1.90 ACRES, MORE OR LESS PARCEL 6: A PART OF LOT 1 IN RANDHURST CENTER RESUBDNISION - NO.1, BEING A RESUBDNISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST 1/4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDNISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF THE SOUTHEAST '/.. OF SAID SECTION 27; THENCE ON AN ASSUMED BEARING OF NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, ALONG THE WEST LINE OF SAID SOUTHEAST '/.., 840.83 FEET; THENCE NORTH 89 DEGREES 59 MINUTES 27 SECONDS EAST, 54.73 FEET TO THE MOST WESTERLY CORNER OF THE TRACT DESCRIBED IN EXHffiIT A IN A MEMORANDUM OF LEASE RECORDED MARCH 19, 1999 AS DOCUMENT NUMBER 99268894; THENCE NORTH 44 DEGREES 59 MINUTES 27 SECONDS EAST, ALONG THE NORTHWESTERLY LINE OF SAID TRACT, 28.00 FEET; THENCE NORTH 89 DEGREES 59 MINUTES 27 SECONDS EAST, ALONG THE NORTHERLY LINE OF SAID TRACT, 86.08 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 43 DEGREES 00 MINUTES 33 SECONDS EAST, ALONG THE NORTHEASTERLY LINE OF SAID TRACT, 17.95 FEET; THENCE SOUTH 05 DEGREES 16 MINUTES 33 SECONDS EAST, ALONG THE EASTERLY LINE OF SAID TRACT, 160.96 FEET; THENCE NORTH 84 DEGREES 43 MINUTES 27 SECONDS EAST, 89.50 FEET; THENCE NORTHEASTERLY, 250.94 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 282.26 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 23 DEGREES 20 MINUTES 42 SECONDS EAST AND A LENGTH OF 242.76 FEET; THENCE SOUTH 74 DEGREES 47 MINUTES 55 SECONDS WEST, 220.06 FEET TO THE POINT OF BEGINNING, CONTAINING 0.74 ACRES, MORE OR LESS. PARCEL 7: A PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDNISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST '/.. OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDNISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE MOST WESTERLY SOUTHWEST CORNER OF ORIGINAL LOT 1 AFORESAID; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST, ALONG THE WESTERLY LINE OF SAID LOT 1,360.59 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST, 188.76 FEET TO THE POINT OF BEGINNING OF THIS DESCRIPTION; THENCE NORTH 04 DEGREES 04 MINUTES 56 Laube Consulting Group 30 Village of Mount Prospect Business District Plan SECONDS WEST, 39.92 FEET; THENCE NORTHERLY AND NORTHEASTERLY, 22.66 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 19.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 29 DEGREES 12 MINUTES 18 SECONDS EAST AND A LENGTH OF 21.40 FEET; THENCE NORTHEASTERLY, 30.22 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 325.11 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF NORTH 59 DEGREES 49 MINUTES 45 SECONDS EAST AND A LENGTH OF 30.21 FEET; THENCE NORTH 56 DEGREES 27 MINUTES 15 SECONDS EAST, 42.41 FEET; THENCE NORTHEASTERLY, 37.52 FEET ALONG AN ARC TO THE LEFT, HAVING ARADIUS OF 294.91 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 43 DEGREES 06 MINUTES 11 SECONDS EAST AND A LENGTH OF 37.50 FEET; THENCE NORTH 34 DEGREES 51 MINUTES 03 SECONDS EAST, 72.03 FEET; THENCE NORTHEASTERLY, 154.45 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 422.95 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF NORTH 15 DEGREES 01 MINUTES 34 SECONDS EAST AND A LENGTH OF 153.59 FEET; THENCE NORTHERLY AND NORTHEASTERLY, 33.81 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 26.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 41 DEGREES 06 MINUTES 54 SECONDS EAST AND A LENGTH OF 31.56 FEET; THENCE NORTH 77 DEGREES 39 MINUTES 56 SECONDS EAST, 352.49 FEET; THENCE EASTERLY AND SOUTHEASTERLY, 12.40 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 11.50 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 71 DEGREES 26 MINUTES 54 SECONDS EAST AND A LENGTH OF 11.81 FEET; THENCE SOUTHEASTERLY, 20.84 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 61.50 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 50 DEGREES 16 MINUTES 17 SECONDS EAST AND A LENGTH OF 20.74 FEET; THENCE SOUTH 59 DEGREES 58 MINUTES 01 SECONDS EAST, 51.51 FEET; THENCE SOUTHEASTERLY, 49.87 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 67.50 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 81 DEGREES 07 MINUTES 54 SECONDS EAST AND A LENGTH OF 48.74 FEET; THENCE NORTH 77 DEGREES 42 MINUTES 13 SECONDS EAST, 77.05 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 39 SECONDS EAST, 0.58 FEET; THENCE SOUTH 60 DEGREES 01 MINUTES 21 SECONDS EAST, 28.46 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 39 SECONDS EAST, 300.44 FEET; THENCE SOUTH 60 DEGREES 01 MINUTES 21 SECONDS EAST, 80.14 FEET; THENCE NORTH 29 DEGREES 58 MINUTES 44 SECONDS EAST, 157.32 FEET; THENCE SOUTH 60 DEGREES 00 MINUTES 13 SECONDS EAST, 110.06 FEET; THENCE SOUTHEASTERLY, 151.57 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 1467.70 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 46 DEGREES 46 MINUTES 20 SECONDS EAST AND A LENGTH OF 151.50 FEET; THENCE SOUTH 29 DEGREES 58 MINUTES 49 SECONDS WEST, 587.41 FEET; THENCE NORTH 59 DEGREES 59 MINUTES 56 SECONDS WEST, 150.73 FEET; THENCE SOUTH 30 DEGREES 01 MINUTES 59 SECONDS WEST, 156.61 FEET; THENCE SOUTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, 148.32 FEET; THENCE SOUTH 00 DEGREES 00 MINUTES 34 SECONDS EAST, 214.01 FEET; THENCE SOUTHWESTERLY, 14.17 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 9.00 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 45 DEGREES 05 MINUTES 31 SECONDS WEST AND A LENGTH OF 12.75 FEET; THENCE NORTH 89 DEGREES 48 MINUTES 24 SECONDS WEST, 260.82 FEET; THENCE SOUTH 89 DEGREES 03 MINUTES 38 SECONDS WEST, 83.27 FEET; THENCE NORTH 89 DEGREES 58 MINUTES 19 SECONDS WEST, 145.72 FEET; THENCE WESTERLY, 33.26 FEET Laube Consulting Group 31 Village of Mount Prospect Business District Plan ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 61.50 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF NORTH 74 DEGREES 28 MINUTES 47 SECONDS WEST AND A LENGTH OF 32.85 FEET; THENCE NORTH 58 DEGREES 59 MINUTES 15 SECONDS WEST, 25.69 FEET; THENCE NORTHWESTERLY AND NORTHERLY, 105.29 FEET ALONG AN ARC TO THE RIGHT, HAVING A RADIUS OF 108.50 FEET, SUB TENDED BY A LONG CHORD HAVING A BEARING OF NORTH 31 DEGREES 11 MINUTES 12 SECONDS WEST AND A LENGTH OF 101.21 FEET; THENCE NORTHERLY, 31.26 FEET ALONG AN ARC TO THE LEFT, HAVING A RADIUS OF 114.20 FEET, SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 11 DEGREES 13 MINUTES 39 SECONDS WEST AND A LENGTH OF 31.16 FEET; THENCE NORTH 06 DEGREES 34 MINUTES 06 SECONDS WEST, 11.08 FEET; THENCE NORTH 01 DEGREES 40 MINUTES 22 SECONDS WEST, 61.21 FEET TO THE POINT OF BEGINNING, CONTAINING 13.12 ACRES, MORE OR LESS. PARCEL 8: A PART OF LOT lIN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST Y4 OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT A POINT WHICH IS 787.35 FEET SOUTH AND 254.12 FEET EAST OF THE NORTHWEST CORNER OF SAID SOUTHEAST~; THENCE NORTH 25 DEGREES 00 MINUTES 00 SECONDS EAST, 158.95 FEET; THENCE EAST, 112.53 FEET TO A POINT OF A CURVE; THENCE NORTH AND EAST ALONG A CURVED LINE CONVEX TO THE SOUTHEAST, HAVING A RADIUS OF 240.0 FEET, AN ARC LENGTH OF 215.72 FEET, A CHORD BEARING NORTH 64 DEGREES 15 MINUTES 00 SECONDS EAST 208.53 FEET, TO A POINT BEING 552.70 FEET SOUTH AND 621.65 FEET EAST OF THE NORTHWEST CORNER OF SAID SOUTHEAST Y4; THENCE NORTH 38 DEGREES 30 MINUTES 00 SECONDS EAST, 140.21 FEET TO A POINT OF A CURVE; THENCE NORTH AND EAST ALONG A CURVED LINE CONVEX TO THE NORTHWEST, HAVING A RADIUS OF 190.0 FEET, AN ARC LENGTH OF 170.78 FEET, A CHORD BEARING NORTH 64 DEGREES 15 MINUTES 00 SECONDS EAST 165.09 FEET; THENCE EAST, 90.80 FEET TO A POINT 371.25 FEET SOUTH AND 948.43 FEET EAST OF THE NORTHWEST CORNER OF SAID SOUTHEAST Y4; THENCE SOUTH AND EAST ALONG A CURVED LINE CONVEX TO THE SOUTHWEST, HAVING A RADIUS OF 190.0 FEET, AN ARC LENGTH OF 289.08 FEET, A CHORD BEARING SOUTH 46 DEGREES 27 MINUTES 01 SECONDS EAST 261.99 FEET; THENCE EAST, 398.03 FEET TO A POINT OF A NON - TANGENT CURVE; THENCE EAST ALONG A CURVED LINE CONVEX TO THE NORTHEAST, HAVING A RADIUS OF 205.0 FEET, AN ARC LENGTH OF 45.49 FEET, A CHORD BEARING SOUTH 83 DEGREES 38 MINUTES 32 SECONDS EAST 45.40 FEET; THENCE SOUTH 60 DEGREES 00 MINUTES 00 SECONDS WEST, 438.49 FEET; THENCE NORTH, 34.94 FEET; THENCE SOUTH 60 DEGREES 00 MINUTES 00 SECONDS WEST, 126.10 FEET; THENCE SOUTH, 95.67 FEET; THENCE WEST, 46.64 FEET; THENCE SOUTH, 198.02 FEET; THENCE WEST, 320.96 FEET TO A POINT 1097.83 FEET SOUTH AND 724.91 FEET EAST OF THE NORTHWEST CORNER OF SAID SOUTHEAST Y4; THENCE NORTH 30 DEGREES 00 MINUTES 00 SECONDS WEST, 129.44 FEET; THENCE NORTH 75 DEGREES 00 MINUTES 00 SECONDS WEST, 120.67 FEET; THENCE NORTH 60 DEGREES 00 MINUTES 00 SECONDS WEST, 334.29 FEET TO THE POINT OF BEGINNING, CONTAINING 10.35 ACRES, MORE OR LESS. Laube Consulting Group 32 Village of Mount Prospect Business District Plan (BEARINGS REFERENCED ABOVE ARE BASED ON THE WEST LINE OF SAID LOT 1 HAVING AN ASSUMED BEARING OF NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST) PARCEL 9: A PART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST Yt OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A POINT ON THE SOUTH LINE OF EUCLID AVENUE, BEING THE MOST NORTHERLY NORTHEAST CORNER OF LOT 2 IN SAID RANDHURST CENTER RESUBDIVISION - NO.1; THENCE EASTERLY, ALONG THE SOUTH LINE OF SAID EUCLID AVENUE (SAID LINE ALSO BEING THE NORTH LINE OF SAID LOT 1), BEING A CURVED LINE CONVEX TO THE NORTH, HAVING A RADIUS OF 24505.35 FEET, AN ARC LENGTH OF 110.13 FEET; THENCE SOUTHWESTERLY, ALONG A CURVED LINE CONVEX TO THE NORTHWEST, HAVING A RADIUS OF 25.00 FEET, AN ARC LENGTH OF 39.78 FEET, A CHORD BEARING SOUTH 45 DEGREES 38 MINUTES 23 SECONDS WEST 35.72 FEET, TO A POINT ON A LINE 60.00 FEET EAST OF AND PARALLEL TO THE EASTERNMOST EAST LINE OF SAID LOT 2; THENCE SOUTH 00 DEGREES 03 MINUTES 02 SECONDS WEST, ALONG SAID LINE 60.00 FEET EAST OF AND PARALLEL TO THE EASTERNMOST EAST LINE OF SAID LOT 2, A DISTANCE OF 85.00 FEET TO THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE CONTINUING ALONG SAID PARALLEL LINE, SOUTH 00 DEGREES 03 MINUTES 02 SECONDS WEST, A DISTANCE OF 224.07 FEET TO A POINT OF A NON - TANGENT CURVE; THENCE SOUTHEASTERLY, ALONG A CURVED LINE CONVEX TO THE SOUTHWEST, HAVING A RADIUS OF 139.91 FEET, AN ARC LENGTH OF 219.90 FEET, A CHORD BEARING SOUTH 44 DEGREES 58 MINUTES 29 SECONDS EAST 197.96 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 18.28 FEET; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 364.11 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 158.00 FEET TO THE POINT OF BEGINNING, CONTAINING 1.23 ACRES, MORE OR LESS. (BEARINGS REFERENCED ABOVE ARE BASED ON THE WEST LINE OF SAID LOT 1 HAVING AN ASSUMED BEARING OF NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST) PARCEL 10: APART OF LOT 1 IN RANDHURST CENTER RESUBDIVISION - NO.1, BEING A RESUBDIVISION OF LOT ONE IN RANDHURST CENTER, BEING A SUBDIVISION OF PART OF THE SOUTHEAST Yt OF SECTION 27, TOWNSHIP 42 NORTH, RANGE 11 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RANDHURST CENTER RESUBDIVISION - NO.1 RECORDED JULY 24, 1987 IN THE OFFICE OF THE RECORDER OF DEEDS OF COOK COUNTY, ILLINOIS AS DOCUMENT NO. 87408581 MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A POINT ON THE SOUTH LINE OF EUCLID AVENUE, BEING THE MOST NORTHERLY NORTHEAST CORNER OF LOT 2 IN SAID RANDHURST CENTER RESUBDIVISION - NO.1; THENCE EASTERLY, ALONG THE SOUTH LINE OF SAID EUCLID AVENUE (SAID LINE ALSO BEING THE NORTH LINE OF SAID LOT 1), BEING A CURVED LINE CONVEX TO THE NORTH, HAVING A RADIUS OF 24505.35 FEET, AN Laube Consulting Group 33 Vilkgeof~ountProsped Business District Plan ARC LENGTH OF 110.13 FEET; THENCE SOUTHWESTERLY, ALONG A CURVED LINE CONVEX TO THE NORTHWEST, HAVING A RADIUS OF 25.00 FEET, AN ARC LENGTH OF 39.78 FEET, A CHORD BEARING SOUTH 45 DEGREES 38 MINUTES 23 SECONDS WEST 35.72 FEET, TO A POINT ON A LINE 60.00 FEET EAST OF AND PARALLEL TO THE EASTERNMOST EAST LINE OF SAID LOT 2; THENCE SOUTH 00 DEGREES 03 MINUTES 02 SECONDS WEST, ALONG SAID LINE 60.00 FEET EAST OF AND PARALLEL TO THE EASTERNMOST EAST LINE OF SAID LOT 2, A DISTANCE OF 85.00 FEET; THENCE CONTINUING ALONG SAID PARALLEL LINE, SOUTH 00 DEGREES 03 MINUTES 02 SECONDS WEST, A DISTANCE OF 224.07 FEET TO A POINT OF A NON- TANGENT CURVE; THENCE SOUTHEASTERLY, ALONG A CURVED LINE CONVEX TO THE SOUTHWEST, HAVING A RADIUS OF 139.91 FEET, AN ARC LENGTH OF 219.90 FEET, A CHORD BEARING SOUTH 44 DEGREES 58 MINUTES 29 SECONDS EAST 197.96 FEET; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 18.28 FEET TO THE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE NORTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, A DISTANCE OF 470.88 FEET TO A POINT ON THE NORTH LINE OF SAID LOT 1; THENCE EASTERLY, ALONG THE NORTH LINE OF SAID LOT 1, BEING A CURVED LINE CONVEX TO THE NORTH, HAVING A RADIUS OF 24505.35 FEET AND AN ARC LENGTH OF 439.62 FEET, TO A POINT OF CURVE ON THE NORTH LINE OF SAID LOT 1; THENCE CONTINUING ALONG THE NORTH LINE OF SAID LOT 1, SOUTH 87 DEGREES 26 MINUTES 00 SECONDS EAST, A DISTANCE OF 165.03 FEET TO A POINT OF CURVE ON THE NORTH LINE OF SAID LOT 1; THENCE EASTERLY, CONTINUING ALONG THE NORTH LINE OF SAID LOT I,BEING A CURVED LINE CONVEX TO THE SOUTH, HAVING A RADIUS OF 24605.35 FEET AND AN ARC LENGTH OF 31.84 FEET, TO THE NORTHEAST CORNER OF SAID LOT 1; THENCE SOUTH 00 DEGREES 03 MINUTES 50 SECONDS EAST, ALONG THE EAST LINE OF SAID LOT 1, A DISTANCE OF 446.34 FEET TO A POINT BEING NORTH 90 DEGREES 00 MINUTES 00 SECONDS EAST FROM THE POINT OF BEGINNING; THENCE NORTH 90 DEGREES 00 MINUTES 00 SECONDS WEST, A DISTANCE OF 636.51 FEET TO THE POINT OF BEGINNING, CONTAINING 6.71 ACRES, MORE OR LESS. (BEARINGS REFERENCED ABOVE ARE BASED ON THE WEST LINE OF SAID LOT 1 HAVING AN ASSUMED BEARING OF NORTH 00 DEGREES 00 MINUTES 00 SECONDS WEST) NET PARCEL DESCRIBED ABOVE CONTAINS 48.95 ACRES, MORE OR LESS. Source: Woolpert Laube Consulting Group 34 C \'iv\P'ojrr,,\AO""""""l 101011\6762:> - AO"dft",,\ V'"oq"\d \t.";boI,\e162~ ~ 9",.."" Oi,l"cl 80"tICIo,~ loIap-AI Ch, Plollt'd h ~ocrmo'r"" Plol1"O Nov 11. 2009 _ J 48"m E'-1- k-t b~+ C il~; i S ~ i~l! H ;;j ,nl~ t i ~ !~fA l · ~" . ! ;!~ i ~ ;;: ; ! i!~ i 1 ss! ~ i e~;i; ;ii i i . . i I I o Hi: I U:I i i i : I "i.or ! i ~ ! i. c; v '" ~ ~ i ~ f ! .-- m (;) m z l:;l ~ ~ o .CIl ~~ ~~ ~"V l H__u~_:: . ::-;;:~~~~~:"M~::,:::':_.- ::~ u:. .,.:.::__::~(ijt ,~ J I!.-- I : ~~e.'to " ~ .~;..;:: 'I I - . '\ rll I ,~ Wi I I ~- - 1'1' ''\ :1; - -":IH:'- - t I ~ !" \. '~!3 j l! 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SRK DATE IIEVlIlOH " 17 09 RE\'ISEO P ~ ClIENfS REQUEST