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HomeMy WebLinkAbout91-1023 Elgin Development Corporation RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT WITH ELGIN DEVELOPMENT CORPORATION FOR TRANSFER OF CERTAIN INTEREST IN THE FARM COLONY BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that George VanDeVoorde, Mayor, be and is hereby authorized and directed to execute an agreement on behalf of the City of Elgin with the Elgin Development Corporation for the transfer of certain interest in the Farm Colony, a copy of_ which is attached hereto and made a part hereof by reference. s/ George VanDeVoorde George VanDeVoorde, Mayor Presented: October 23, 1991 Adopted: October 23, 1991 Vote: Yeas 7 Nays 0 Recorded: Attest: ` s/ Dolonna Mecum Dolonna Mecum, City Clerk AGREEMENT BETWEEN THE CITY OF ELGIN AND THE ELGIN DEVELOPMENT CORPORATION THIS AGREEMENT is entered into this jg3jday of October 1991, by and between the City of Elgin, an Illinois municipal corporation ( "the City" ) , and the Elgin Development Corporation, an Illinois not for profit corporation ( "EDC" ) , and the parties represent and agree as follows: WHEREAS, EDC is the legal owner of a parcel of real estate consisting of approximately one hundred twenty-eight acres ( 128) and legally described in Exhibit A ( "the Farm Colony" ) ; WHEREAS, EDC desires to develop the Farm Colony for office and/or industrial uses; WHEREAS, the City has determined that the development of the Farm Colony as proposed by EDC will benefit the City in that such use of the Farm Colony will increase the property tax base within the City and may increase the employment opportunities within the City; WHEREAS, the Illinois Department of Transportation ( "IDOT" ) currently occupies a portion of the Farm Colony described in Exhibit B ( "the Farm Colony/IDOT Property" ) ; WHEREAS, the City desires to purchase a certain parcel of real estate consisting of approximately five (5) acres owned by Leo Leichter, or his designee, and legally described in Exhibit C ( "the Leichter Property" ) at the price of five hundred twenty-eight thousand five hundred and no/100 dollars ($528,500 . 00) for use as a water storage facility for the City and for IDOT's use as a replacement for the Farm Colony/IDOT Property; WHEREAS, EDC has determined that the development of the Farm Colony will require the vacation by IDOT of the Farm Colony/IDOT Property; and WHEREAS, the City has entered into an agreement with IDOT dated September 24, 1991, ( "City/IDOT Agreement" ) whereby IDOT agrees to convey by quit claim deed whatever interest IDOT may have in the Farm Colony/IDOT Property to the City and vacate its possession of the Farm Colony/IDOT Property in consideration of the City taking certain actions . NOW, THEREFORE, in consideration of the mutual promises contained herein, the City and EDC agree as follows: 1. EDC shall provide to the City for acquiring the Leichter Property the sum of five hundred twenty-eight thousand five hundred and no/100 dollars ($528,500 . 00) at or prior to the - 1 - closing of the City's purchase of the Leichter Property. The City agrees to give EDC at least fourteen ( 14) days ' notice of the proposed closing date. Unless otherwise waived, notice shall be given by first class mail or facsimile to EDC in care of Attorney Raymond F. Dalton, Jr. , 1130 North McLean Boulevard, Elgin, Illinois, facsimile at (708) 695-4106 . In the case of mailing, notice shall be deemed given on the second day following the deposit with the United States postal system. In the case of facsimile notice, notice shall be deemed given on the date of transmission provided such transmission is confirmed as received. 2 . Upon receipt by the City of the IDOT quit claim deed, the City shall immediately convey to EDC by its quit claim deed in recordable form any interest the City may acquire from IDOT in the Farm Colony/IDOT Property. The City shall not be required to provide a title insurance commitment or plat of survey with its quit claim deed. 3 . The aforementioned quit claim deed from IDOT shall be sufficient in form and substance to cause Chicago Title Insurance Company to waive its title exception dealing with IDOT's possession of the Farm Colony/IDOT Property on Chicago Title Insurance Company's title commitment covering the Farm Colony. 4 . The City represents that the City/IDOT Agreement, a copy of which is attached hereto as Exhibit D, provides that the City undertake certain obligations in consideration for the release and vacation of IDOT's interest in the Farm Colony/IDOT Property. The City further represents that under the City/IDOT Agreement, IDOT may retain possession of the Farm Colony/IDOT Property until May 1, 1992 . The City acknowledges that the vacation of the IDOT/Farm Colony Property by IDOT is dependent upon performance of the terms and conditions of the City/IDOT Agreement by the City. As EDC's development of the Farm Colony may be affected by IDOT's surrender of possession of the Farm Colony/IDOT Property, the City agrees, in the event IDOT fails to vacate the Farm Colony/IDOT Property, to exercise its rights under the City/IDOT Agreement, including bringing suit for specific performance of the City/IDOT Agreement, to cause IDOT to surrender possession as provided in the City/IDOT Agreement. 5 . The City and EDC have entered into a separate agreement dated September 20, 1991, entitled "Agreement Between the City of Elgin and the Elgin Development Corporation Relating to the Construction of Certain Public Improvements on the Farm Colony, Elgin, Illinois" ( "Farm Colony Public Improvements Agreement" ) . Under the terms of the Farm Colony Public Improvements Agreement, EDC must either consent to the establishment of a special assessment tax district or convey to the City certain right of way for the extension of Bowes Road on or before December 31, 1991. The City represents that the - 2 - IDOT/Farm Colony Property is not located within the proposed right of way for the Bowes Road extension through the Farm Colony, as shown on the proposed preliminary plat of subdivision of the Fox Bluff Industrial Park, dated July 31, 1991, filed by EDC with the City. 6 . In the event the City fails to convey the Farm Colony/IDOT Property to EDC by December 31, 1991, the City shall reimburse to the EDC the sum of five hundred twenty-eight thousand five hundred and no/100 dollars ($528 ,500 .00) plus interest at the so-called prime rate plus one percent ( 1%) , which represents the interest being charged to EDC by its commercial lender on the funds used to acquire the Leichter Property, from the date EDC provides such funds to the City until the date repaid by the City to EDC, except that in no case shall the interest rate paid by the City to EDC exceed nine percent ( 9%) per annum. Such repayment shall be made to EDC prior to March 1, 1991 . 7 . This agreement shall supersede any other agreement between the parties hereto with respect to the subject matter hereof . IN WITNESS WHEREOF, the parties hereto have entered into this agreement the day and year above written. ELGIN DEVELOPMENT CORPORATION CITY OF ELGIN : B Y Its: Press nt Its: yor a:\cityl.agr 10/16/91 - 3 - EXHIBIT A Lcgal Description of "the farm Colony" That part of Section 27 , Township 41 North, Range 8 East of the Third Principal Meridian, described as follows : Beginning at the North East corner of the South 1/2 of the North East 1/4 of said Section 27 ; thence Southerly along the East line of the North East 1/4 of Section 27 , 1331. 6 feet to the East 1/4 corner of Section 27 ; thence Southerly along the East line of the South East 1/4 of Section 27 , 495 feet; thence Westerly parallel with the North line of the South East 1/4 of said Section 27 , 2620 feet to the North and South Center line of said Section 27 ; thence Northerly along said North and South center line of Section 27 , 161. 9 feet to a point 333 . 1 feet South of the center of said Section 27 ; thence Westerly parallel with the North line of the South West 1/4 of Section 27 , 954 . 5 feet to the center line of McLean Boulevard (State Aid Route 10) ; thence Northerly along said center line, being along a curve to the left, an arc distance of 099 . 05 feet; thence Northerly along said center line, being tangent to the last described curve, a distance of 653 .09 feet; thence Northerly along said center line, being along a line that forms an angle of 00 degrees, 02 minutes , 0 seconds to the right with the prolongation of the last described course, 100 feet to the North line of the South East 1/4 of the North West 1/4 of said Section 27 ; ,thence Easterly along the North line of the South East 1/4 of the North West 1/4 , 037 .5 feet to the North West corner of the South 1/2 of the North East 1/4 of said Section 27 ; thence Easterly along the North line of the South 1/2 of said North East 1/4 , 2637 . 10 feat to the point of beginning; in the City of Elgin, Kane County, Illinois ; except THAT PART OF TIIE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 27 , TOWNSIIIP 41 NORTII, RANGE 0 EAST OF TIIE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF THE SAID SOUTHEAST QUARTER OF TILE NORTHEAST QUARTER OF SECTION 27; TIIENCE SOUTH 07 DEGREES 55 MINUTES 52 SECONDS WEST, ALONG THE NORTH LINE OF TILE SAID SOUTHEAST QUARTER OF TIIE. NORTHEAST QUARTER, A DISTANCE OF 1180 .00 FEET; THENCE SOUTH 02 DEGREES 04 MINUTES 00 SECONDS EAST, PERPENDICULAR TO TILE LAST DESCRIBED COURSE, A DISTANCE OF 596.29 FEET; THENCE SOUTH 50 DEGREES 46 MINUTES 57 SECONDS EAST, A DISTANCE -OF 418. 91 FEET; TIIENCE NORTH 39 DEGREES 13 MINUTES 03 SECONDS EAST, PERPENDICULAR TO THE LAST DESCRIBED COURSE, A DISTANCE OF 413 .72 FEET; TIIENCE NORTIIEASTERLY, ALONG A CURVE TO THE RIGHT, TANGENT TO THE LAST DESCRIBED COURSE, HAVING A RADIUS OF 760. 00 FEET, AN ARC DISTANCE OF 666.77 FEET; THENCE NORT11 89 DEGREES 29 MINUTES 06 SECONDS EAST, TANGENT TO THE LAST DESCRIBED CURVE, A DISTANCE OF 2 . 37 FEET TO T11E EAST LINE OF THE SAID SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 27; THENCE NORTH 00 DEGREES 54 MINUTES 05 SECONDS WEST, ALONG TILE SAID EAST LINE, A DISTANCE OF 303 . 69 FEET TO T1IE POINT OF BEGINNING. BEING SITUATED IN TIIE CITY OF ELGIN, KANE COUNTY, ILLINOIS AND CONTAINING 15. 00 ACRES MORE OR LESS. EXHIBIT B Legal description of ".the Farm Colony/IDOT Property" That part of the Southwest Quarter of the Northeast Quarter of Section 27 , Township 41 North, Range 8 East of the Third Principal Meridian described as follows : Commencing at the Northwest corner of the Southwest Quarter of the Northeast Quarter of Section 27 Township and Range aforesaid; thence South along the North South centerline of laid Section 27, a distance of 542 .50 feet; thence East along a line that forms an angle of 860 13 ' 34 " to the left with the prolongation of the last described course, a distance of 364 . 34 feet for the place of beginning; thence continuing East along the prolongation of the last described course, a distance of 449 .76 feet to a point; thence South at right angles to the last described course, a distance of 339 .75 feet to a point; thence West along a line that forms an angle of 870 39 ' 10 " to the right with the prolongation of the last described course a distance of 426 .54 feet; thence North parallel with the North and South centerline of Section 27 along a line that forms an angle of 88° 34 , 24 " to the right with the prolongation of the last described course, a distance of 358 . 00 feet to the place of beginning. All the above situated in Elgin Township, Kane County, Illinois and containing 3 . 506 Acres more or less . EXHIBIT C Legal Description of "Leichter Property" Parcel One THAT PART OF THE NORTHWEST QUARTER OF SECTION 20, TOWNSHIP 41 NORTH, RANGE 9 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF SAID NORTHWEST QUARTER OF SECTION 20; THENCE NORTH 88 DEGREES 17 MINUTES 55 SECONDS EAST (AN ASSUMED BEARING) , ALONG THE NORTII LINE OF SAID NORTHWEST QUARTER, A DISTANCE OF 1795 . 93 FEET (RECORD BEING 1603 . 07 FEET) TO TIIE EASTERLY LINE OF PUBLIC SERVICE COMPANY RIGIIT OF WAY CONVEYED BY DOCUMENT NO. 93738138, AS MONUMENTED; THENCE SOUTH 04 DEGREES 10 MINUTES 02 SECONDS WEST, A DISTANCE OF 142 . 69 FEET (RECORD BEING SOUTH 04 DEGREES 19 MINUTES WEST, 139 . 40 FEET) TO THE SOUTHERLY RIGHT OF WAY LINE OF STATE ROUTE NO. 19 AS DEDICATED BY DOCUMENT NO. 11200329 ; TIIENCE NORTH 03 DECREES 07 MINUTES 47 SECONDS EAST, ALONG SAID SOUTHERLY RIGIIT OF WAY LINE, A DISTANCE OF 215 . 95 FEET (RECORD BEING NORTH 63 DEGREES 10 MINUTES EAST, 216 . 20 FEET) ; TIIENCE EASTERLY, ALONG THE SAID SOUTHERLY RIGIIT OF WAY LINE BEING ALONG A CURVE TO TIIE RIGIIT, TANGENT TO THE LAST DESCRIBED COURSE, RAVING A RADIUS OF 2864 . 93 FEET, AN ARC DISTANCE OF 253 . 18 FEET; TIIENCE SOUTH 06 DEGREES 55 MINUTES 05 SECONDS WEST (RECORD BEING SOUTH 06 DEGREES 59 MINUTES WEST) , ALONG A LINE THAT IS 346 . 60 FEET, MEASURED ALONG THE SOUTH LINE OF LOT C AS SHOWN ON TIIE PLAT FILED WITII THE COMMISSIONERS REPORT IN PARTITION CASE NO. 19700 OF TIIE CIRCUIT COURT OF COOK COUNTY, ILLINOIS, EASTERLY OF TIIE SAID EASTERLY LINE OF PUBLIC SERVICE COMPANY RIGHT OF WAY PER DOCUMENT NO. 9373888 , A DISTANCE OF 1449 . 68 FEET TO A POINT ON SAID LINE THAT IS 253 . 00 FEET, MEASURED ALONG SAID LINE, NORTHERLY OF THE NORTHEAST CORNER OF LAND CONVEYED TO ELGIN MIDLAND CORPORATION BY DOCUMENT NO. 19807724 , FOR THE POINT OF BEGINNING; TIIENCE CONTINUING SOUTH 06 DEGREES 55 MINUTES 05 SECONDS WEST, ALONG SAID LINE, A DISTANCE OF 253 . 00 FEET TO THE SAID NORTHEAST CORNER OF DOCUMENT NO. 19807724 ; THENCE NORTH 92 DEGREES 53 MINUTES 42 SECONDS WEST, ALONG THE NORTHERLY LINE OF SAID DOCUMENT NO. 19807724 , A DISTANCE OF 343 . 63 FEET (RECORD BEING 344 . 08 FEET) TO THE NORTHWEST CORNER OF SAID DOCUMENT NO. 19807724 , BEING ON TIIE EASTERLY LINE OF LAND CONVEYED TO COMMONWEALTH EDISON COMPANY DY DOCUMENT NO. 18682755 ; THENCE NORTH 04 DEGREES 15 MINUTES 36 SECONDS EAST, ALONG SAID EASTERLY LINE OF DOCUMENT NO. 18662755, A DISTANCE OF 460 . 70 FEET; TIIENCE SOUTH 82 DEGREES 53 MINUTES 42 SECONDS EAST, PARALLEL WITH TIIE SAID NORTHERLY LINE OF DOCUMENT NO. 19807724 , A DISTANCE OF 50 . 06 FEET TO A LINE THAT IS 50 . 00 FEET, MEASURED PERPENDICULAR, EASTERLY -OF AND PARALLEL WITH THE SAID EASTERLY LINE OF DOCUMENT NO. 18682755 ; THENCE SOUTH 04 DEGREES 15 MINUTES 36 SECONDS WEST, ALONG SAID PARALLEL LINE, A DISTANCE OF 207 . 39 FEET TO A LINE THAT IS PARALLEL WITII THE SAID NORTHERLY LINE OF DOCUMENT NO. 19807724 AND P.SSES THROUGH THE POINT OF DEGINNING; TIIENCE SOUTH 82 DEGREES 53 MINUTES 42 SECONDS EAST, ALONG SAID PARALLEL LINE, A DISTANCE OF 305 . 32 FEET TO THE POINT OF BEGINNING. BEING SITUATED IN HANOVER TOWNSHIP, COOK COUNTY, ILLINOIS AND CONTAINING 2 . 26 ACRES MORE OR LESS. EXHIBIT C Legal Description of "Leichter Property" Parcel Two TILAT PART OF TILE NORTHWEST QUARTER OF SECTION 20, TOWNSIIIP 41 NORTII, RANGE 9 EAST OF TIIE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT TIIE NORT1WEST CORNER OF SAID NORTHWEST QUARTER OF SECTION 20; TIIENCE NORTH 60 DEGREES 17 MINUTES 55 SECONDS EAST (AN ASSUMED BEARING) , ALONG TIIE NORTII LINE OF SAID NORTHWEST QUARTER, A DISTANCE Or 1795 . 93 FEET (RECORD BEING 1003 . 07 FEET) TO TIIE EASTERLY LINE OF PUBLIC SERVICE COMPANY RIGHT OF WAY CONVEYED BY DOCUMENT NO. 9373000, AS MONUMENTED; TIIENCE SOUTII 04 DEGREES 10 MINUTES 02 SECONDS WEST, A DISTANCE OF 142 . G9 PEET (RECORD BEING SOUTII 04 DEGREES 19 MINUTES WEST, 139 .40 PEET) TO THE SOUTIIERLY RIGHT OF WAY LINE OF STATE ROUTE NO. 19• ALT DEDICATED BY DOCUMENT NO. 11200329 ;' TIIENCE NORTH 83 DEGREES 07 MINUTES 47 SECONDS EAST, ALONG SAID SOUTHERLY RIGHT OF WAY LINE, A DISTANCE OF 215. 95 PEET (RECORD 'DEING NORTII 03 DEGREES 10 14INUTES EAST, 216 .20 FEET) ; TIIENCE EASTERLY, ALONG THE SAID SOUTIIERLY RIGHT OF WAY LINE BEING ALONG A CURVE TO TIIE RIGIIT, TANGENT TO TIIE LAST DESCRIBED COURSE, RAVING A RADIUS OF 20G4 . 93 FEET, AN ARC DISTANCE OF 253 . 10 PEET; THENCE SOUTH OG DEGREES 55 MINUTES 05 SECONDS WEST (RECORD BEING SOUTH OG DEGREES 59 MINUTES WEST) , ALONG A LINE TIIAT IS 34G . GO PEET, MEASURED ALONG TIIE SOUTII LINE OF LOT C AS SHOWN ON TIIE PLAT FILED WITII TIIE COMMISSIONERS REPORT IN .PARTITION CASE NO. 19700 OF TIIE CIRCUIT COURT OF COOK COUNTY, ILLINOIS, EASTERLY OF TIIE SAID EASTERLY LINE OF PUBLIC SERVICE COMPANY RIGIIT OF WAY PER DOCUMENT NO. 9373000, A DISTANCE OF 1032 . 60 PEET TO A POINT ON SAID LINE TILAT IS 670 . 00 PEET, MEASURED ALONG SAID LINE, NORTHERLY OF TIIE NORTHEAST CORNER OF LAND CONVEYED TO ELGIN MIDLAND CORPORATION BY DOCUMENT NO. 19007724 , FOR TIIE POINT OP BEGINNING; TIIENCE CONTINUING SOUTH OG DEGREES 55 MINUTES 05 SECONDS WEST, ALONG SAID LINE, A DISTANCE OF 417 . 00 FEET TO A POINT TIIAT 13 253 . 00 FEET, 1EASURED ALONG SAID LINE, NORTHERLY OF TIIE SAID NORTHEAST CORNER OF DOCUMENT NO. �� 19007724 ; TIIENCE NORTIi�II2 DEGREES 53 MINUTES 42 SECONDS WEST, PARALLEL WITII TIIE NORTHERLY 'LINE OP SAID DOCUMENT NO. 19007724, A DISTANCE OF 305 .32 PEET TO A LINE TIIAT IS 50 . 00 FEET, MEASURED PERPENDICULAR, EASTERLY OF AND PARALLEL WITII TIIE LAND CONVEYED TO C014MONWEALTII EDISON C014PANY BY DOCUMENT NO. 10 G 0 2 7 5 5 ; TIIENCE NORTII 04 DEGREES 15 14INUTES 3G SECONDS EAST, ALONG SAID PARALLEL LINE, A DISTANCE OF 417 .51 FEET TO A LINE TILAT 13 PARALLEL WITII TIIE SAID NORTIIERLY LINE OF DOCUMENT NO. 19007724 AND PASSES TIIROUGII TIIE POINT OP BEGINNING; TIIENCE SOUTII 02 DEGREES 53 MINUTES 42 SECONDS EAST, ALONG SAID PARALLEL LINE, A DISTANCE OF 324 . GO PEET TO TIIE POINT OF BEGINNING. . BEING SITUATED IN ILANOVER TOWNSIIIP, COOK COUNTY, ILLINOIS AND CONTAINING 3 . 01 ACRES - MORE OR LESS. EXHIBIT C Legal Description of "Leichter Property" Parcel Three `11INT PART OF TILE NORTHWEST.' QUARTER OF SECTION 20, TOWNSIIIP 41 NORTH, RANGE 9 LAST OF TILE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS : COMMENCING AT TIIE NORTIWEST CORNER OF SAID NORTHWEST QUARTER OF SECTION 20 ; 'THENCE NORTH 00 DEGREES 17 MINUTES 55 SECONDS LAST (AN ASSUI4ED BEARING) , ALONG TILE NORTIL LINE OF SAID NORTHWEST QUARTER, A DISTANCE . OP. 1795 . 93 FEET (RECORD BEING 1003 . 07 FEET) TO TILE EASTERLY LINE OP PUBLIC SERVICE CO24PANY RIGHT OF WAY CONVEYED .DY DOCUMENT NO. 9373000, AS MONUMENTED; THENCE SOUTH 04 DEGRL'ES 10 MINUTES 02 SECONDS WEST, A DISTANCE OF 142 . 69 FEET (RECORD BEING SOUTII 04 DEGREES 19 MINUTES WEST, 139 . 40 PEET) TO TIIE SOUTHERLY RIGID.' OF WAY LINE OF STATE ROUTE NO. 19 AS DEDICATED DY DOCUMENT NO. 11200329 ; TIIENCE NORTH 03 DEGREEA 07 MINUTES 47 SECONDS EAST, ALONG LAID SOUTIIERLY RIGILT OF WAY LINE, A DISTANCE OF 215 . 95 FEET (RECORD BEING NORTH 03 DEGREES 10 MINUTES EAST, 216 . 20 FEET) ; THENCE EASTERLY, ALONG TIIE SAID SOUTHERLY RIGHT OF WAY LINE, BEING ALONG A CURVE TO TILE RIGHT, TANGENT 'TO THE LAST DESCRIBED COURSE, HAVING A RADIUS OF 2064 . 93 PEET, AN ARC DISTANCE OF 253 . 10 FEET; TIIENCE SOUT11 OG DEGREES 55 MINUTES 05 SECONDS WEST (RECORD BEING SOUTII. OG DEGREE'S 59 MINUTES WEST) , A DISTANCE OF 1702 . G0 PEET TO TIIE NORTHWEST CORNER OF LAND CONVEYED TO ELGIN MIDLAND CORPORATION BY DOCUMENT NO. 19007724 ; TIIENCE NORTH 02 DEGREES 53 MINUTES 42 SECONDS WEST.', ALONG TIIE NORTHERLY LINE OF SAID DOCUMENT NO. 19007724 , A DISTANCE OF 343 . 63 PEET (RECORD BEING 344 . 00 FEET) TO TILE NORTHWEST CORNER OF SAID DOCUMENT NO. 19007724 , BEING ON TILE EASTERLY LINE OP LAND CONVEYED TO COMMONWEALTH EDISON C014PANY BY DOCUMENT NO. 10G02755 ; TIIENCE NORTH 04 . DEGREES 15 MINUTE:; 3G SECONDS EAST, ALONG SAID EASTERLY LINE OF DOCUMENT -NO. 18G02755, A DISTANCE OF 4GO .70 PEET FOR TIIE POINT OF BEGINNING OF SAID LAND ; TIIENCE CONTINUING NORTH 04 DEGREES 15 MINUTES 3G SECONDS EAST, ALONG SAID EASTERLY LINE, A DISTANCE OF 30 . 04 PEET; TIIENCE SOUTII 02 DEGREES 53 MINUTES 42 SECONDS EAST, PARALLEL WITH TIIE AFORESAID NORTHERLY LINE OF DOCUMENT NO. 19007724 , A DISTANCE OF 50 . 06 FEET TO A LINE THAT IS 50 . 00 FEET, AS 14EASURED PERPENDICULAR, EASTERLY OP AND PARALLEL WITII' TIIE APORESAID EASTERLY LINE OF DOCUMENT NO. 10G02755; THENCE SOUTH 04 DEGREES 15 MINUTES 3G SECONDS WEST, ALONG SAID PARALLEL LINE, A DISTANCE OP 30 . 04 PEET TO A LINE THAT IS PARALLEL WITH TIIE SAID NORTHERLY LINE OF DOCUMENT NO. 19007724 AND PASSES TIIROUGII TIIE POINT OF BEGINNING TIIENCE NORTH 02 DEGREES 53 14INUTES 42 SECOND"" WEST, ALONG SAID PARALLEL LINE,. A DISTANCE OF 50 . OG PEET TO TILE POINT OP BEGINNING OP SAID LAND. BEING SITUATED IN HANOVER TOWNSILIP, COOK COUNTY, ILLINOIS AND CONTAINING 0 . 03 ACRE: MORE OR LESS . EXHIBIT D SEP-30-91 MON 14:36 A FAX NO. 7089315665 P. 05 AGREEMENT This AGREEMENT, enterud into this 24 -day of 1991, between the DEPARTMENT -OF TRANSPORTATION Or THE STATE Or ILLINOIS, hereinafter referred to as DEPARTMENT, and the CITY or. ELGXN, hereinafter referred to as CITY, in for the purpose of delineating the rights and responsibilities of parties relevant to the transfer of certain properties located in the City of Elgin. WHEREAS the DEPARTMENT has an interest in and utilizes a parcel of property of approximately 3.5 acres in the vicinity of Elgin State Hospital (see EXHIBIT "A") and the CITY owns a parcel of property of approximately 3 . 02 acres in the vicinity of Shales Parkway (see EXHIBIT "B") , and WHEREAS it is in the mutual best interests of the parties that the CITY exchange its parcel of property for the DEPARTMENT'S interest in Its parcel.. NOW, THEREFORE, the DEPARTMENT and CITY agree as follows: 1 . The CITY will transfer by deed all its interest In the parcel legally described in Exhibit "A" . Prior to this transfer, the CITY shall provide a current title commitment- showing good title in the CITY. 2 . The CITY shall have the parcel dcoribed in Exhibit "B" surveyed and will provide a legal description .and plat of survey along with having property pins placed by a ' Registered band Surveyor. SEP-30-91 h10N 14 36 A FAX N0, 7089315665 P. 06 r -z- 3. The CITY Will furnish to the property described in Exhibit "B" all normal. water, Chas, sewer services, and 200 . amp electrical service. 4 . The City shall be responsible for site preparation in accordance with the DEPARTMENT'S site plan and Instructions (attached to and made part of this AGREEMENT as Exhibit "C") . The CITY shall be responsible for the excavation, removal, And disposal of approximately 11,000 cubic yards of dirt currently distributed and compacted on the site. The CITY shall also be responsible' for the spreading and compacting of approximately 16,000 tons of granular material, supplied by the DEPARTMENT, in accordance with the site plan. These quantities could vary' depending on the depth of the top soil and the final grade of the stoned area. 5. The CITY will furnish a 60' x 54 ' building equivalent to or similar to a Morton type building. 6 . The CITY shall erect an a ' high perimeter fence with slats (including three strands of barbed wire on top and a 24 ' cantilever roll gate) surrounding the parcel described in Exhibit "q" using material supplied by the DEPARTMENT. 7. The CITY shall, obtain right of way for an access road for the parcel described in Exhibit "B" for public purposes across Commonwealth Edison property. SEP-30-91 MON 14:37 A FAX N0, 7089315665 P, 07 � r t -3- 8 . The CITY shall construct an access roadway of suitable granular base -and asphalt surface extending from shales Parkway to the fence referred to in Paragraph 6. 9 . The CITY shall obtain any necessary permits required from any pipeline owners for any pipeline crossed by the access ,roadway referred to in Paragraph S. J.O . The CITY will permit the DEPARTMENT to store uncovered salt at its sole discretion on the site. 11 . The CITY will not post truck weight limits on Shales Parkway that will detrimentally affect the DEPARTMENT'S use of the property. The DEPARTMENT'S obligations under this agreement are as follows : 1. The DEPARTMENT shall furnish and deliver the granular material referred to in Paragraph 4 of the CITY'S obligations. 2 . The DEPARTMENT shall provide the CITY with the materials required to erect the perimeter fence referred to in Paragraph 6 of the CITY'S obligations, which fence will be maintained by th° DEPARTMENT. 3 . The DEPARTMCNT .will. prpvide to the CITY a properly executed Quit .Claim Dee d •relinquishing all its rights and interests to the pA2rcel 'describe'd in Exhibit "A" , including the • buildings, fence, and any other improvements on the site. SEP-30-91 MON 14:38 A FAX NO. 7089315665 P. 08 r � 4- All obligations under this AGREEMENT shall be completed by May 1, 1992 . The DEPARTMENT agrees to vacate the parcel described in Exhibit "A" by May 11 1992 . If any portion of this AGREEMENT is held by a court of law to be invalid, all other portions of the AGREEMENT shall remain in force, unless either the CITY or the DEPARTMENT gives written notice of its intent to void this AGREEMENT within 30 days of such a decision. The CITY shall furnish to the DEPARTMENT a certified copy of the minutes of the City Council meeting approving this AGREEMENT. Subs ribed and signed on this 2.14_day of 720*466" . 1991 . mayor Di rict One Engineer City of Elgin Iklinois Dept. of Transportation On this date, James C. Slifer appeared before me and affixed his signature to this document. Attested: City Clerk Notary Publ c City of Elgin "OFFICIAL SEAL" ALEX a, KARK08 Notsry Public. State of Iliinoia my com4usioo 4pires 9129/91 SEP-30-91 MON 14:38 A FAX NO. 7089315665 P. 09 Route FAU 2509 (McLean 81vd. ) Section Job No. R-91-999-80 LEGAL DESCRIPTION County e Parcel MASTER COPY Doc. Dee egg s. e . Juris. rans . Easemen`C Other -' —"• Page of That part of the Southwest Quarter of the Northeast Quarter of Section 27, Township 41 North, Range 8, East of the Third Principal Meridian, described as follows: Commencing at the northwest corner of the Southwest Quarter of the Northeast Quarter of section 27, Township and Range aforesaid, thence south along the north-south centerline of said Section 27, a distance of 542.50 feet; thence east along a line that forms an angle of 86 degrees 13 minutes 34 seconds to the left with the Prolongation of the last described course a distance of 364.34 feet for the place of beginning; thence continuing east along the prolongation of the last described course a distance of 449.76 feet to a point; thence south at right angles to the last described course a distance of 339. 75 feet to a point; thence west along a line that forms an angle of 87 degrees 39 minutes 10 seconds to the right with the prolongation of the last described course a distance of 426.54 feet; thence north parallel with the north-south centerline of Section 27, along a. line that forms an angle of 88 degrees 34 minutes 24 seconds to the right with the prolongation of the last described course, a distance of 358.00 feet to the place of beginning. All the above being situated in Elgin Township, Kane County, Illinois, and containing 3.506 acres, more or less. cn , ' M w 0 Co • - 3 Thdt Oat of the S.W. r/4 Of the ME 1/4 3m 2.7-41-g of the 3rd P.M.. Kam Ca, Uffnaft , CO �.w com.r S�vd u;,H,E va => d Sea<q 27-di-8 --- Hl. tIF]E SSY.V4,N.E114 of SAC.ZT-41-8 (Mc Lean B t d.) r - Route: FA U. 2509 A•�. County : Kane W34' Joky. No. = R-91'-999-80 q Parcel: 1 EX 0586 x 8 IEX 4586 A Am*3.506 Act C' 0 0 CO CO cri Cn 4• Ml r p) • 426.54' m 0 ILL DEFT.DFTRANSPORTAT30tt ruw— DISTRICT 1 _A•,. o PARCELNO-s" G 3�H nTatia9f 999^e� TAfflNG TCTT.HOLDING Er ovI&.vialtu t.MT VU I Pvrs r+ v �' c t�—�!I k E—• JOB NO. (Customer's Name) ,ter= Ventilators insulation and vapor barriers will reduce but not eliminate condensation. Sliding door openings will be 4=/z" 1 pe 9 to 7'/s° less in width (except sliding doors located in srdewall corners may be 10" less in w+dth) than door panels and :o opening height will be reduced by thickness of concrete floor if concrete floors are poured. �o WIOTH ENT£D WIDTR VENTED SKY.SIDEL[TE INTERIOR LINER PAFTIT+ON SOFFIT GUTTERS DRAIN •p AOCIESS SIDEWAU I OVERHAt G COLORS Z KOi�VENTED 21 ON•YE�TTED a ,�t WAWA� ,�4 iy t� (Circh Orm (Ckria onel All aoaenM Items in0caW mint be on Form 1Z w FORCONCRETE FLOOROR OVERHEAD DOORS FURNISHED aY CUSTOMER OA SOLD BY MORTON BUILDINGS ON CO►(TAACT FORM 12,STATE DIMENSIONS: co FLOOR THIGKNMI.6-7—°.SET OVER KEAD DOOR--5-- -.KSOVEAOTTOMOF SPLASH BOAR D,OVERHEADDDORACWRES "HEADRODU ANDS s t i- -!- ' _ ► I _l 1_ _ I ! l �' T-Ii rr all r CD co -� {— �- I t I 11 j co Cn Cn � 1 ff-I. F�t LI r i T I I I GRADE I--fil I — -�- SEP-30-91 MON 14:40 A FAX N0, 7089315665 P• 12 Building Specifications 1. Building to be 60 ' x 54' and insulated. Attached is information on a building manufactured by Morton Builders. I . A 6" reinforced concrete floor Constructed of 5% - a% air entrained concrete, tined towards the floor drains. NO sealer. 11. A continuous trough floor drain system' draining into a triple manhole system and connected to sewer_ system. III . A minimum 4' approach slab with 4" steel post to protect door corners. IV. Seamless aluminum rain gutters with downspouts. V. No exterior windows . V1. Two 22' x 14' insulated overhead doors with electric door openers. Vil. Minimum interior lighting. VIII . Heating sufficient to keep building heated above 50 degrees at all times (gas furnaces to be all of the same type and brand throughout) . I.X. Washroom facilities including at least one toilet and sink. X. Hot water service to the truck storage area and washroom. X1 . Ceiling fans in the truck storage area for circulation. X11. Exhaust fans on a 15 minute rimer in the truck storage area. M � W 0 , . -T7 w => co 0. • Q } ABGLI-d - c. W L n!4 !tK 6J tA70/q.. r4". 6J Ul • � STOR�SG� �' euttn�tr<; v y a $ SITE PLAN ELGIN SUB STORAGE SCRALES PARKWAY LOCATION EXHIBIT 'G' Stole 1:1.� SITE ALAn _ CITY OF ELGIN 1 . •• ----- D?7AAt6P�RTATOK SN.tLtr f91RRWAY � fLlutEa PARKIV.7� � SEP-30-91 MON 14:41 A FAX NO. 7089315665 P. 14 W./�+r ...• ...+r.wr.T .TIN ir..-fix�.�•..••-••• �j I •-.mow •� . � }aV Np�A 1•••..wwfpov��rvi.1.. 11/g11<I . airr.la..L r w..�fn ter_r m�rf h`;Nylr 'ICn. 111 1an.ra N..+1/if nn.r u t>�t trN to M..qt >11a1a11 ate".w Ion.trrr Y ru.eaC..uT trww,f 1t.tYd» 1 .• un..l Er1 hda fra•1 NN.n n,ft w m sa.rl.�cf am y.IfWt 11t trdM.�/vl.1/1/IY�Ift•.f RaAt w.IIINII.i= /n1iI.JtYMI fW...II N.nlara II q+.fw M INIr taH1 YI/PP•KW�.III.N!�(t.r ta7f IpU a IKaY a mM1(M m. yI.N w fp Iwt♦ill Yap Y.4/M/Y Rn W1f.1. 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