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HomeMy WebLinkAboutOrd 3861 10/20/1987ORDINANCE NO. 3861 ~ ORDINANCE AMENDING ORDINANCE NO. 3727 PERTAINING TO THE CONSENT DECREE PROPERTY COMMONLY KNOWN AS THE OLD ORCHARD DEVELOPMENT PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES THE 20th DAY OF October , 1987. Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 21st day of October , 1987. ORDINANCE NO. 3861 AN ORDINANCE AMENDING ORDINANCE NO. 3727 PERTAINING TO THE CONSENT DECREE FOR PROPERTY COMMONLY KNOWN AS THE 0LD ORCHARD DEVELOPMENT BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That Ordinance No. 3727, entitled 'An Ordinance Authorizing the Execution and Implementation of a Consent Decree Amendment"passed and approved by the President and village Board on December 16, 1986 shall be and is hereafter amended as follows: 1. Section 9, page 52, of the Consent Decree Amendment, which addresses the authorization of the execution of a Quit Claim Deed for specifically described property, is hereby repealed in its entirety. SECTION TWO: That the President of the Board of Trustees and the Village Clerk are hereby authorized and directed to execute and deliver to the Chicago Title and Trust Company, in its capacity as Trustee under Trust Agreement dated May 4, 1955 and known as Trust NO. 37533, for recordation, a Quit Claim Deed conveying the property being the subject of this Ordinance and legally described on "Attachment A" hereto to said Trustee. SECTION THREE: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: Arthur, Farley, ~loros, Murauskis, Van Geem, Wattenberg NAYS: None ABSENT: None PASSED and APPROVED this 20th day of October , 1987. ATTE ST: Carol A. Fields Village Clerk Caroly~ H. Krause Village President orm 359 R. 1/82 QUITCLAIM DEED IN TRUST THIS INDENTURE WITNESSETH, That the Grantor The Village of Mount Prospect, an Illinois Municipal Corporation of the County of Cook and State of Illinois for and in consideration of Ten 8~d Ilo/100 ($10.00) .................................. J]ollars, and other good and valuable considerations in hand paid, Convey and Quit Claim unto the CHICAGO TITLE AND TRUST COMPANY, a corporation of Illinois, whose address is 111 West Washington Street, Chicago, Illinois 60602, as Trustee under the provisions of a trust agreement dated the 5th day of Deceraber 19 75, known as Trust Number 1067116 the following described real estate in the County of Cook and State of Illinois, to-wit: The West 30.0 feet of the North 90.0 feet of Lot 1 in Old Orchard Country Club Subdivision, being a subdivision in the Norttr~est quarter (1/4) of Section 27 and part of the East half (1/2) of the Northeast quarter (1/4) of Section 28, Township 42 North, Range 11, East of the Third Principal Meridian in Cook Cotmty, Illinois; containiDg 0.062 acres, more or less. Subject to: covenants, conditions and restrictions of record; public utility easements of record; general real estate taxes for 1986 and sub- sequent years; zoning ordinances of the Village of .Mount Prospect; the Consent Decree as amended, in case number 65 CH 5300. PERMANENT TAX NUMBER: . VOLUME NUMBER: ,his 19th ~lay or December ~98__6 VII ~ AGE OF ~DUNT PROSPECT (Seal) q~'~-- / ~ ~ ' (Seal) ~ A. F~S, Village Clerk THIS INSTRUMENT WAS PREPARED BY: s,.,~ or Ill~ois ,. , Notary P~bllc in ,n~ rot said C0~t~, ~esi A. FT~g8, V~llnge Clark Notary Public After recording return to: CHICAGO TITLE AND IRUST COMPANY Land Trust Department 111 West Washington St./Chicago, IlL 60602 or BOX 533 (Cook County only)