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HomeMy WebLinkAbout83-1121 First National Bank Recorded • • State of Illinois County of Kane ss Certificate of City Clerk City of Elgin I, Marie Yearman, DO HEREBY CERTIFY that I am the City Clerk of the City of Elgin, Illinois, and that as such City Clerk I am the keeper and custodian of the files and records of said City of Elgin and the seal thereof. • I DO FURTHER CERTIFY that the attached is a full,true, and correct copy of Resolution authorizing execution of an agreement .w.i.t h..F.i.r.s.t..Nat.i ona]..8a nk.of...E.1.g.i.n the original-of whichiis,entrusted to my care for safe keeping. In Witness`Whereof;.I have hereunto set my hand and affixed the corporate seal of the :Citi,,,#Flgin•at the said City in;the County and State aforesaid this 28 th day of • :J.une , i9 84 C Clerk. (SEAL) • � J i_ , • .� r • • • - - - %3- ‘11 RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT WITH FIRST NATIONAL BANK OF ELGIN rn BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, co that Leo Nelson, City Manager, be and is hereby authorized and directed to execute an agreement on behalf of the City of Elgin with First National - c0 Bank of Elgin to permit a permanent structure in a public utility easement, a copy of-which agreement is attached hereto and made a part hereof by reference. • s/ Richard L. Verbic • Richard L. Verbic, Mayor -�z_ Presented: November 21, 1983 2 >rri Adopted: November 21 , 1983 Vote: Yeas .5 Nays 0 m Co • Recorded: -° Attest: -CD `c Si Marie Yearman Marie Yearman, City Clerk • • This instrument prepared by: Daniel P. Blondin Assistant Corporation Counsel City of Elgin 150 Dexter Ct. Elgin, Ill . 60120 695-6500 r . • • • I: b879 ( 9 -: . . . . AGREEMENT PERMITTING PERMANENT STRUCTURE IN PUBLIC UTILITY EASEMENT WHEREAS, the City of Elgin (hereinafter referred to as "Elgin") is the owner of a certain public utility easement pursuant to the Tyler Creek Plaza plat of subdivision dated March 21, 1983 and recorded August 24, 1983 as Document Number 1650586 in Kane County, Illinois; and WHEREAS, the First National Bank of Elgin, a national banking association of Elgin, Illinois (hereinafter referred to as "Bank") desires to construct a drive-through banking facility upon, in and above said ease- ment; and WHEREAS, there is located in said easement a storm sewer, owned and maintained by Elgin; and WHEREAS, both parties agree it is necessary and desirable to enter • into this agreement to permit the construction of Bank's proposed improvement and to protect Elgin's storm sewer. NOW, THEREFORE, in consideration of the mutual promises contained herein the parties agree as follows: 1. agrees true abovewithin tb�e twenty Elgin Bank may construct l.il.\, and ua�. LY...i1t jT (20) foot public utility easement located along the west side of Lot 2 of the Tyler Creek Subdivision as shown on the plat of subdivision dated March 21, 1983 and recorded in the office of the Recorder of Deeds, Kane County, Illinois on August 24, 1983 as Document Number 1650586, certain support columns and other improvements related to the construction of a building on said Lot 2 in conformance with the plans and specifications prepared by Schaffer Bonavolonta Architects, Inc. , 24 West Erie Street, Chicago, Illinois 60610 and dated November 1, 1983. 2. Bank shall indemnify and hold harmless Elgin from any claim, suit, action, loss, damage or liability due to the installation, maintenance or existence of the above described improvements. 3. Bank shall be liable for and shall promptly reimburse Elgin for repairing or shall itself repair any damage or injury to Elgin's storm sewer due to the installation, maintenance or existence of the above described improvements. In the event such damage or injury occurs, the parties shall - cooperate so that repairs are completed quickly and competently. In the Page 1 of 2 '1 j68r519 event protective measures are reasonably required in the opinion of Elgin to safeguard the storm sewer, Bank shall, at Bank's expense, cause same to be done. 4. In the event it becomes necessary to repair, maintain or replace E1 in s storm sewer, Elgin shall havewor k gg the right to do all necessary and shall not be liable to Bank for any damage, claim, loss or injury to Bank's aforesaid improvement, necessary to complete said work. Bank agrees to reimburse Elgin for any excess costs incurred by Elgin as a result of Bank's use of the easement area, as hereinabove set forth. 5. This agreement shall be binding on all parties, their heirs, successors and assigns. 6. Except as provided herein, the easement described in paragraph 1 shall remain in full force and effect. Dated this day of t> a.-, 19 3. CITY F ELGIN By FIRST NATIONAL BANK OF ELGIN BY - \ EPC. J.V • This Instrument Prepared by: Daniel P. Blondin Assistant Corporation Counsel City of Elgin 150 Dexter Court Elgin, IL 60120-5555 695-6500. Page 2 of 2 } 6879 19