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HomeMy WebLinkAbout07-270 Resolution No. 07-270 RESOLUTION AUTHORIZING EXECUTION OF A FIRST AMENDMENT TO ANNEXATION AGREEMENT WITH HOVSTONE PROPERTIES OF ILLINOIS, L.L.C. (SUCCESSOR TO NATIONAL DEVELOPERS, INC., d/b/a TOWN & COUNTRY HOMES) (Providence Subdivision-3201 Water Road) WHEREAS,the owners of certain property commonly known as Providence Subdivision at 3201 Water Road have proposed that the annexation agreement between the owners and the City of Elgin concerning said property be amended; and WHEREAS, after due notice as required by law,a public hearing on said proposal was held by the corporate authorities of the City of Elgin; and WHEREAS, the proposed First Amendment to Annexation Agreement with Hovstone Properties of Illinois,L.L.C.(Successor to National Developers,Inc.,d/b/a Town&Country Homes) is in the best interests of the City of Elgin. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that Ed Schock, Mayor, and Diane Robertson, City Clerk, be and are hereby authorized and directed to execute, on behalf of the City of Elgin, the First Amendment to Annexation Agreement with Hovstone Properties of Illinois, L.L.C., a copy of which is attached hereto. s/Ed Schock Ed Schock, Mayor Presented: November 14, 2007 Adopted: November 14, 2007 Omnibus Vote: Yeas: 7 Nays: 0 Attest: s/Diane Robertson Diane Robertson, City Clerk