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HomeMy WebLinkAbout01-206 Resolution No. 01-206 RESOLUTION AUTHORIZING EXECUTION OF AN EXTENSION AGREEMENT FOR THE ANNEXATION AGREEMENT FOR OAK RIDGE DEVELOPMENT BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that Ed Schock, Mayor, and Dolonna Mecum, City Clerk, be and are hereby authorized and directed to execute on behalf of the City of Elgin an Extension Agreement for the Annexation Agreement for Oak Ridge Development, Annexation Ordinance S11-90, Dated July 25, 1990, and the Zoning Ordinance G33-90, Dated July 25, 1990 with First American Bank of Kane County Trust Numbers 86-010 and 86-030, Frederick E. Johnson and First American Bank of Kane County as Co-Trustees of Trust A Under Will of Earl H. Gromer, Dated October 9, 1985, and Elgin-Lake Properties, an Illinois Corporation, as Joint Venturers Known as The Oak Ridge Development Joint Venture I and II , a copy of which is attached hereto and made a part hereof by reference. s/ Ed Schock Ed Schock, Mayor Presented: July 25, 2001 Adopted: July 25, 2001 Omnibus Vote : Yeas : 7 Nays : 0 Attest : s/ Dolonna Mecum Dolonna Mecum, City Clerk