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HomeMy WebLinkAbout91-0911 Farm Colony (2) RESOLUTION ACCEPTING CERTAIN PROPERTY EAST OF MCLEAN BOULEVARD AT BOWES ROAD BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that it hereby accepts the deed of Valley Bank and Trust Company, n/k/a First Illinois Valley Bank and Trust of South Elgin, Illinois, as Trustee under the provisions of a deed or deeds in trust duly recorded and delivered to said bank in pursuance of a trust agreement dated the 24th day of August, 1989, and known as Trust Number 0431, to the City of Elgin for the property legally described as follows : Of that part of the Southeast Quarter of the Northeast Quarter of Section 27, Township 41 North, Range 8 East of the Third Principal Meridian, described as follows : Beginning at the Northeast corner of the said Southeast quarter of the Northeast quarter of Section 27; thence South 87 degrees 55 minutes 52 seconds West, along the North line of the said Southeast quarter of the Northeast quarter, a distance of 1188 . 00 feet; thence South 02 degrees 04 minutes 08 seconds East, perpendicular to the last described course, a distance of 596 .29 feet; thence South 50 degrees 46 minutes 57 seconds East, a distance of 418. 91 feet; thence. North 39 degrees 13 minutes 03 seconds East, perpendicular to the last described course, a distance of 413 . 72 feet; thence northeasterly, 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 North 89 degrees 29 minutes 06 seconds East, tangent to the last described curve, a distance of 2 . 37 feet to the East line of the said Southeast quarter of the Northeast quarter of Section 27; thence North . 00 degrees 54 minutes 05 seconds West, along the said East line, a distance of 303.69 feet to the point of beginning. Being situated in the City of Elgin, Kane County, Illinois and containing 15.00 acres more or less . BE IT FURTHER RESOLVED that the City Clerk is hereby authorized and directed to record the deed herein described in the office of the Recorder of Deeds of the County of Kane. s/ George VanDeVoorde George VanDeVoorde, Mayor . I Presented: September 11, 1991 Adopted: September 11, 1991 Vote: Yeas 6 Nays 0 Recorded: Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk A-717W,, (T'‘4"/ (19 //7/W pv,44.y\,arCrrr) • Or5.675) )) C9f," L,.. 1,2 43.2 -,A4-yii) )77-1,7f2 ,d_v.71.43 " 1 - - - - k 0.IIto 3.htIr1tfur1, Made this 13th day of September 19 91 , between Valley Bank and Trust Company, n/k/a First Illinois Valley Bank S th Elgin, Ill- and Trust of inois, as Trustee under the provisions of a deed or deeds in trust duly recorded and delivered to said bank in pursu- ance of a trust agreement dated the 24th day of Pirjust 1512, and known as Trust Number 0431 party of the first part, and City of Elgin, a municipal corporation, 150 Dexter Court, Elgin, Illinois, 60120Xig party of the second part. WITNESSETII, That said party of the first part, in consideration of the sum of Ten and NO/100 ($10.00) Dollars, and other good and I\ '-� valuable considerations in hand paid, does hereby grant, sell and convey unto said party of the second part,the fol- lowing described real estate, situated in Kane County, Illinois, to-wit: THAT PART OF THE SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 27, TOWNSHIP 41 NORTH, RANGE 8 EAST OF 'THE THIRD PRINCIPAL .ram MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF — — THE SAID SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 27 ; R iV THENCE SOUTH 87 DEGREES 55 MINUTES 52 SECONDS WEST, ALONG THE NORTHCD LIN OF THE SAID SOUTHEAST QUARTER OF THE NORTHEAST QUARTER, A DISTANCE OF CV 1188.00 FEET; THENCE SOUTH 02 DEGREES 04 MINUTES 08 SECONDS EAST, O PERPENDICULAR TO THE LAST DESCRIBED COURSE, A DISTANCE OF 596.29 FEET; co co THENCE SOUTH 50 DEGREES 46 MINUTES 57 SECONDS EAST, A DISTANCE OF 418. 91 FEET; THENCE NORTH 39 DEGREES 13 MINUTES 03 SECONDS EAST, PERPENDICULAR TO THE LAST DESCRIBED COURSE, A DISTANCE OF 413 . 72 FEET; THENCE NORTHEASTERLY, 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 NORTH 89 DEGREES 29 MINUTES 06 SECONDS EAST, TANGENT TO THE LIST ,^ _ DESCRIBED CURVE, A DISTANCE OF 2. 37 FEET TO THE EAST LINE OF THE SA 1 LL —� SOUTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 27; THENCE NORTH Y= 00 DEGREES 54 MINUTES 05 SECONDS WEST, ALONG THE SAID EAST' LINE, DISTANCE OF 303 . 69 FEET TO THE POINT OF BEGINNING. BEING SITUATED;--IN THE CITY OF ELGIN, KANE COUNTY, ILLINOIS AND CONTAINING 15. 00 ACRES MOP OR LESS. +' PIN: 06-a'?-a0O Dos s- 1 :' • together with the tenements and appurtenances thereto belonging. TO HAVE AND TO HOLD the same unto said party of the second part, and to the proper use, benefit and be- if hoof forever of said party of the second part as aforesaid. Si • This deed is executed pursuant to and in the exercise of the power and authority granted to and vested in said Trustee by the terms of said deed or deeds in trust delivered to said Trustee in pursuance of the trust agreement above mentioned. This deed is made subject to the lien of every trust deed or mortgage (if any there be) of record in said county given to secure the payment of money, and remaining unreleased at the date of the delivery hereof. IN WITNESS WHEREOF, said party of the first part has caused its corporate seal to be hereto affixed, and has caused its name to be signed to these presents by its Vice President-Trust Officer and attested by its Assistant Secretary the day and year first above written. U: This Instrument Prepared By: Raymond F. Dalton, Jr. 1130 North McLean Blvd. First Illinois Valley Bank and Trust as Trustee as aforesaid, Elgin, IL 60123 • • +E tiv2N I's Mail Tax Hills To: By •-C* C_1" • it:( 131N;tii �4ft�• C, 0.P Es;,., /-� (Th is Vice-P 'sident-Trust Officer (3 DSO DE+rTC2 rDu _- 7 1 II '!S`N 1-4— 6Jla 0 Yts Assistant Secretary i. C'a kl E .7 1 • �J