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03-164Resolution No. 03-164 RESOLUTION AUTHORIZING EXECUTION OF AN ANNEXATION AGREEMENT (Pulte Edgewater Development - 2700 Bowes Road) WHEREAS, the owners of record of certain territory described in Exhibit A, attached hereto and made a part hereof by reference, desire annexation of said territory to the City of Elgin; and and WHEREAS, said territory not a part of any other municipality; WHEREAS, no electors reside on the subject territory; and WHEREAS, the corporate authorities of the City of Elgin desire to annex said territory upon certain terms and conditions; and WHEREAS, a proposed annexation agreement has been filed with the City Clerk and a public hearing has been held after due notice as required by law and all persons appearing and wishing to testify concerning the proposed annexation agreement have been heard; and WHEREAS, it is the considered opinion of the corporate authorities of the City of Elgin that it is in the best interests of the City of Elgin to enter into said annexation agreement as proposed. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. That the Mayor and City Clerk of the City of Elgin be and are hereby authorized and directed to execute on behalf of the City of Elgin an annexation agreement in the form attached hereto as Exhibit A and incorporated herein by reference. Section 2. That this resolution shall be effective from and after its passage as provided by law. s/Ed Schock Ed Schock, Mayor Presented: June 11, 2003 Adopted: June 11, 2003 Omnibus Vote: Yeas 7 Nays 0 Attest: s/Dolonna Mecum Dolonna Mecum, City Clerk ANNEXATION AGREEMENT PULTE / EDGEWATER 03/11/98 ANNEXATION AGREEMENT THIS AGREEMENT made and entered into this //?H day of ZrUAlE aoo3 , AM, by and between the City of Elgin, Illinois, a Municipal Corporation, of the Counties of Cook and Kane, in the State of Illinois (hereinafter referred to as "City"), and (hereinafter referred to as "Owner"); WHEREAS, Owner is the owner of record of the real property described in Exhibit " ," which is attached hereto and made a Part hereof (which real property, for convenience, is hereafter referred to as the "Subject Property") and which real estate is not within the corporate limits of any municipality but is contiguous to the corporate limits of the City of Elgin; and WHEREAS, Owner desires to annex the Subject Property to the City upon terms and conditions recited in this agreement; and WHEREAS, Owner, after full consideration, recognizes the many advantages and benefits resulting from the annexation of the Subject Property to the City; and WHEREAS, the Subject Property is not included within the corporate limits of any municipality; and WHEREAS, the Subject Property constitutes territory which is contiguous to and may be annexed to the City of Elgin as provided in Article 7 of the Illinois Municipal Code (65 ILCS 5/7-1-1 et. seq., 1993); and WHEREAS, the Subject Property is located within the South Elgin Countryside Fire Protection District, and whereas each of the Trustees of said District was notified in writing by certified or registered mail at least ten (10) days in advance of any action taken with respect to the annexation of the Subject Property, and whereas an affidavit that service of the said notice had been provided has been filed with the County Recorder; and WHEREAS, the Subject Property is located within Elgin Township, and whereas the Township Commissioner of Highways and each of the Trustees of said Township were notified in writing by certified or registered mail at least ten (10) days in advance of any action taken with respect to the annexation of the Subject Property, and whereas an affidavit that service of the said notice had been provided has been filed with the County Recorder; and WHEREAS, the Mayor and City Council of the City (Corporate Authorities) have duly set a date, time, and place for a public hearing on this Annexation Agreement and have caused due notice to be made of said public hearing through publication in the Daily Courier News, a newspaper of general circulation in the community, and the City has held such public hearing; and WHEREAS, the Corporate Authorities of the City, after due and careful consideration, have concluded that the annexation of the Subject Property to the City on the terms and conditions hereinafter set forth is in the best interests of the City; and WHEREAS, pursuant to notice as required by statute and ordinance public hearings were held by the Planning and Development Commission and the Zoning and Subdivision Hearing Board, as applicable, of the City on the requested zoning of the Subject Property. NOW THEREFORE, in consideration of the premises and of the mutual covenants and agreements herein contained, IT IS HEREBY AGREED AS FOLLOWS: ONE: This Agreement is made pursuant to and in accordance with the provisions of Section 11 of the Illinois Municipal Code (65 ILCS 5/11-15.1-1 et. seq., 1991), and in the exercise of the home rule power of the City. TWO: The Corporate Authorities of the City, within thirty (30) days following the execution of the Agreement, and the receipt of a current title report verifying owners of record of the Subject Property by the City Clerk, and the filing of Owner's Petition for Annexation in form and substance as required by law, and dedication of any land or payment of any roadway improvement contributions required under the City of Eloin Statement of Policy - Development Contributions for Roadways, and the receipt of a certified copy of the ordinance annexing the Subject Property to the Fox River Water Reclamation District (FRWRD), shall pass an ordinance annexing the Subject Property to the City. THREE: Immediately after passage of the ordinance annexing the Subject Property, as provided in Paragraph Two hereof, the Corporate Authorities of the City shall pass an ordinance classifying the Subject Property as depicted on the attached Zoning Plat, if any; and an ordinance granting a conditional use, if any; and a resolution approving the subdivision of the property as depicted on the attached Preliminary Plat; if any. Owner shall be allowed to seek final approval for portions of the Subject Property as subdivided and shall not be required to submit a final plat thereof as a single unit, but may submit for approval in accordance with applicable ordinances of the City such plats for phased development of the Subject Property as the Owner may determine, and as the City may approve. FOUR: Owner represents that off -site utility easements required to serve the Subject Property are described on Exhibit 11 F The City agrees that in the event Owner is unable to obtain said utility easements over, under, across, or through property not owned by the City or under the City's control which may be necessary or appropriate for the development of the Subject Property at a cost and on conditions acceptable to Owner; the City shall use, to the full extent permitted by law, its eminent domain power to secure such easements. Prior to commencing any condemnation action, Owner shall submit, for City review and approval, written documentation demonstrating that Owner has pursued reasonable alternatives for the acquisition of such easements, and Owner shall deposit with City the amount of funds necessary to pursue eminent domain action. All such actions by the City shall be at no cost to the City, which costs shall be borne solely by the Owner. The City shall issue no building permits until the required utility easements have been secured and recorded. FIVE: Owner shall comply with the Elgin Municipal Code (E.M.C.) Title 17 - Development Impact Fees. To the extent it may lawfully do so, the City shall administer and apply the provisions of Title 17 in a uniform manner. SIX: Owner agrees that the Subject Property shall be developed in conformance with the open space policies included in the Far West Area Plan, an amendment to the Elgin Comprehensive Plan, and attached hereto as Exhibit SEVEN: Owner shall cause all portions of Subject Property depicted on a Preliminary Plat as wetlands, screening berms and entry ponds, common open space areas, storm water retention areas, and dry detention areas either to be retained by Owner or to be conveyed to a Property Owners Association or associations consisting of the owners of all property located in areas designated by Owner; unless said areas are to be dedicated for public ownership and maintenance at the City's request. A Declaration or Declarations of Covenants, Conditions and Restrictions requiring that the Association or associations own and maintain areas conveyed thereto shall be submitted to City for review and approval prior to final plat approval, said Declaration to be filed for recording, at Owner's expense, with the final plat for the applicable phase of Subject Property as Owner may determine. EIGHT: Except as specifically permitted pursuant to variation or planned development approval, or paragraphs NINE and TEN of this agreement, all aspects of the development and use of the Subject Property and construction and installation of Improvements thereon, both on -site and off -site, shall comply fully with all applicable City ordinances and codes. NINE: If during the term of this Agreement and after final plat or planned development approval; any existing, amended, modified or new ordinances, codes, or regulations of general applicability throughout the community to a land developer or subdivider affecting the installation of land improvements (streets, underground utilities, sidewalks, curbs, and gutters) upon the Subject Property are amended or modified in any manner to impose additional requirements on the installation of land improvements within the City, the burden of such additional requirements shall not apply to the Subject Property. This section shall not apply to any changes in fees imposed by the city. City agrees that there shall be no unreasonable or discriminatory changes in the method of calculation of fees applicable to the Subject Property. TEN: If, during the term of this Agreement, any existing, amended, modified, or new ordinances, codes, or regulations affecting the zoning, subdivision, development, construction of improvements, buildings, or appurtenances, or other regulatory ordinances regarding the public health, safety and welfare are amended or modified in my manner to impose less restrictive requirements on the development of, or construction upon, properties within the City, then the benefit of such less restrictive requirements shall inure to the benefit of Owner, and anything to the contrary contained herein notwithstanding, Owner may elect to proceed with respect to the development of, or construction upon, the Subject Property upon the less restrictive amendment or modification applicable generally to all properties within City. ELEVEN: City hereby agrees to allow Owner to tie into the existing sanitary sewer lines of the City, at Owner's expense, subject to payments required under any outstanding reimbursement ordinances, and with payment of all applicable fees. At Owner's expense, City agrees to co-operate with Owner in obtaining all necessary Illinois Environmental Protection Agency (I.E.P.A.) permits required for such sanitary sewer systems and tie-ins. Owner shall bear all costs for extensions, tie-ins, and permits consistent with applicable City ordinances. Owner shall be responsible for the extension of sewer lines to the far edges of the Subject Property subject to review and approval by the City Engineer. Owner shall install sewer line extension improvements on the Subject Property in compliance with Final Engineering Plan approved by the City Engineer for each phase of the development. TWELVE: City hereby agrees to allow Owner to tie into the existing water lines of the City, at Owner's expense, subject to payments required under any outstanding reimbursement ordinances, and with the payment of applicable fees. At Owner's expense, City agrees to cooperate with Owner in obtaining all necessary Illinois Environmental Protection Agency (I.E.P.A.) permits required for such water main extensions and tie-ins. Owner shall bear all costs for extensions, tie-ins, and permits consistent with applicable City ordinances. Owner shall be responsible for the extension of water mains to the far edges of the Subject Property subject to review and approval by the City Engineer. Owner shall install water line extension improvements on the Subject Property in compliance with Final Engineering Plan approved by the City Engineer for each phase of the development. THIRTEEN: Upon review and recommendation by the City Engineer, the City Council shall accept all public rights -of -way and improvements located thereon, sanitary sewers, storm drainage sewers, and water mains lying within public rights -of -way or public easements on the Subject Property. Any improvements located in private rights -of -way shall be installed in easements dedicated for and acceptable to the City. The sewer and water service lines (from the buffalo box to the residential or commercial unit, as the case may be) shall not be owned or maintained by the City. Owner shall replace or repair damage to public improvements installed within, under or upon the Subject Property resulting from construction activities by Owner and its employees, agents, contractors, and subcontractors prior to final acceptance by the City, but shall not be deemed hereby to have released any such other party from liability or obligations in this regard. Acceptance of public improvements by the City shall be consistent with applicable City ordinances. FOURTEEN: Owner shall comply with the nF D-I; ,, - n1 -1 ...........a n--a._4 L..a attached as Exhibit " J " prior to the approval of an ordinance annexing the Subject Property. FIFTEEN: Owner of property to be annexed and zoned in a residential classification shall construct, or cause to be constructed, principal residential structures in substantial conformance with the building elevations attached as Exhibit Substantial conformance shall include, but not be limited to, general architectural style and building materials. SIXTEEN: This Agreement shall be enforceable in any court of competent jurisdiction by any of the parties or by an appropriate action at law or in equity to secure the performance of the covenants herein contained. Notwithstanding the forgoing, no action shall be commenced by the Owner against the City for monetary damages. SEVENTEEN: This Annexation Agreement shall be in effect for a period of 20 years from the date of execution hereof and shall be binding upon and inure to the benefit of the parties hereto, and their heirs, successors and assigns of all or any part of the Subject Property. EIGHTEEN: Owner shall be responsible for costs associated with filing and recording of the plat of annexation and any plat or plats of subdivision or planned development for the Subject Property. NINETEEN: If any provision of this Agreement is held invalid by a court of competent jurisdiction or in the event such a court shall determine that the City does not have the power to perform any such provisions, such provisions shall be deemed to be excised herefrom and the invalidity thereof shall not affect any of the other provisions contained herein. Such judgement or decree shall relieve the City from performance under such invalid provision of this Agreement. TWENTY: This Agreement can be amended, in writing, at any time, by the mutual consent of all parties to this Agreement, in the manner provided by law. See Paragraph TWENTY-ONE below. IN WITNESS WHEREOF, The Elgin Corporate Authorities and Owner have hereunto set their hands and seals and have caused this instrument to be executed by their duly authorized officials and the corporate seal affixed hereto, all on the day and year first above written. Attest: Attest: CITY OF ELGIN, ILLINOIS City Clerk Mayor Secretary President "TWENTY-ONE: The Rider dated <1 0 A/C (I , 2002, and attached hereto, and the terms and provisions set forth therein, are hereby made a part of and incorporated into this Agreement." RIDER TO ANNEXATION AGREEMENT BETWEEN THE CITY OF ELGIN AND LASALLE BANK,f-SUCCESSOR TO AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, SUCCESSOR TO THE FIRST NATIONAL BANK OF ELGIN, AS TRUSTEE UNDER TRUST AGREEMENT DATED NOVEMBER 25, 1981, AND KNOWN AS TRUST NO. 4085, CAROLYN D. SKOK, MARTIN JOHN SKOK HI, WILLIAM H. SKOK THOMAS D. SKOK, CHERYL S. HOGREWE, VIJAY KUMAR GUPTA, DOLLY GUPTA, GARY N. LUDWIG, SCOTT C. SCHROEDER, NANCY S. SCHROEDER, AND PULTE HOME CORPORATION This Rider is attached to, and incorporated within, an Annexation Agreement dated 7uNt5 _a, 2003, by and between THE CITY OF ELGIN, ILLINOIS, a municipal corporation of the counties of Cook and Kane, in the State of Illinois (hereinafter referred to as the "City"), LASALLE BANKfSUCCESSOR TO AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, SUCCESSOR TO THE FIRST NATIONAL BANK OF ELGIN, AS TRUSTEE UNDER TRUST AGREEMENT DATED NOVEMBER 25, 1981, AND KNOWN AS TRUST NO. 4085, CAROLYN D. SKOK, MARTIN JOHN SKOK III, WILLIAM H. SKOK THOMAS D. SKOK CHERYL S. HOGREWE (the "Skoks"), VIJAY KUMAR GUPTA, DOLLY GUPTA (the "Guptas"), GARY N. LUDWIG, ("Ludwig"), and SCOTT C. SCHROEDER and NANCY S. SCHROEDER (the "Schroeders"), (the Skoks, the Guptas, Ludwig, and the Schroeders being hereinafter referred to in the aggregate as the "Owner") and PULTE HOME CORPORATION, a Michigan corporation (hereinafter referred to as "Developer" and "Owner" to the extent it acquires title to portions of the Subject Property). To the extent there exists or may exist any conflict between the terms and provisions of this Rider and the terms and provisions of the preceding form Annexation Agreement, the terms and provisions of this Rider shall be deemed to be controlling and shall supersede any such conflicting terms and provisions of said form agreement. I. The heading and introductory paragraph of the Agreement are hereby deleted in their entirety and the following are inserted in lieu thereof: "ANNEXATION AGREEMENT (Pulte Active Adult Resort Community) THIS AGREEMENT made and entered into this X day of c7t)NE , 2003, by and between THE CITY OF ELGIN, ILLINOIS, a Municipal Corporation, of the Counties of Cook a d Kane, in the State of Illinois (hereinafter referred to as "City"), and (1) LASALLE BANK, SUCCESSOR TO AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, SUCCESSOR TO THE FIRST NATIONAL BANK OF ELGIN, AS TRUSTEE UNDER TRUST AGREEMENT DATED NOVEMBER 25, 1981, AND KNOWN AS TRUST NO. 4085, CAROLYN D. SKOK, MARTIN JOHN SKOK III, WILLIAM H. SKOK, THOMAS D. SKOK, and CHERYL S. HOGREWE, (the "Skoks"), (2) VIJAY KUMAR GUPTA and DOLLY GUPTA (the "Guptas"), (3) GARY QMryfi1es@oning\p1Wm12.rdr ( 1 �G� any`Ssa�lair�� N. LUDWIG, ("Ludwig"), and (4) SCOTT C. SCHROEDER and NANCY S. SCHROEDER (the "Schroeders"), (the Skoks, the Guptas, Ludwig, and the Schroeders being hereinafter referred to in the aggregate as "Owner"), and (5) PULTE HOME CORPORATION, a Michigan corporation ("Developer"), which shall be deemed an Owner as to portions of the Subject Property upon conveyance of said portions of the Subject Property to Developer by the present record owner or owners thereof;" II. The first "Whereas Clause" of the Agreement is hereby deleted in its entirely and the following is Inserted in lieu thereof: "WHEREAS, (1) the Skoks are the owners of record of the real property described as the "Skok Parcel" on Exhibit "A" attached hereto and incorporated herein by this reference, (2) the Guptas are the owner:, of record of the real property described as the "Gupta Parcel" on Exhibit "A" attached hereto and incorporated herein by this reference, (3) Ludwig is the owner of record of the real property described as the "Ludwig Parcel" on Exhibit "A" attached hereto and incorporated herein by this reference, and (4) the Schroeders are the owners of record of the real property described as the "Schroeder Parcel' on Exhibit "A" attached hereto and incorporated herein by this reference (the Skok Parcel, the Gupta Parcel, the Ludwig Parcel, and the Si,hroeder Parcel being hereinafter referred to in the aggregate as the "Subject Property") and which real estate is not within the corporate limits of any municipality but is contiguous, to the corporate limits of the City; and" I L The folk ,ving is hereby added following the first "Whereas Clause" of the Agreement: "WHEREAS, Developer is the contract purchaser of the Subject Property; and" IV. The sccl,nd "Whereas Clause" of the Agreement is hereby deleted in its entirety and the following i:, inserted in lieu thereof: "WHEREAS, Owner and Developer desire to annex the Subject Property to the City upon terns and conditions recited in this Agreement; and" V. The third "Whereas Clause" of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "WHEREAS, 0" I.er and Developer, after fill consideration, recognize the many advantages and benefits resulting from the annexation of the Subject Property to the City; and" CAmyfi1es\zoning\p1mrcI 2.rdr 2 VI. The eighth "Whereas Clause" of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "WHEREAS, the Mayor and City Council of the City ("Corporate Authorities") have duly set a date, time, and place for a public hearing on this Annexation Agreement and have caused due notice to be made of said public hearing through publication in the Daily Courier News, a newspaper of general circulation in the community, and the City has held such public hearing; and" VII. Paragraph TWO of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "TWO: The Corporate Authorities, within thirty (30) days following (a) the execution of this Agreement, (b) the receipt of a current title report verifying owners of record of the Subject Property by the City Clerk, (c) the filing of Owner's Petition for Annexation in form and substance as required by law, (d) the receipt by the City of a certified copy of the ordinance annexing the Subject Property to, or the presentation to the City of written evidence acceptable to the City from the Fox River Water Reclamation District ("FRM'"") wherein FRWRD agrees that the City can proceed with the annexation of the Subject Property to the City prior to FRWRD finalizing the annexation of the Subject Property to FRWRD, and (e) the receipt by the City of a written notice from Developer of the completion of its acquisition of the Skok Parcel, which shall be given within thirty (30) days after the closing of such Parcel, shall pass an ordinance within thirty (30) days after the date of the written notice referenced in the foregoing clause (e) annexing the Subject Property to the City. Notwithstanding anything to the contrary in this Agreement, the Subject Property shall be annexed to FRWRD prior to the issuance of an occupancy pen -nit for any residential dwelling on the Subject Property. The Annexation Plat for the subject ordinance shall be in the form of Exhibit "B" attached hereto and incorporated herein by this reference." VIIl. Paragraph THREE of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "THREE: A. Immediately after passage of the ordinance annexing the Subject Property, as provided in Paragraph TWO hereof, the Corporate Authorities shall pass or adopt the following ordinances and resolution: (1) ordinances classifying the Subject Property as (a) PSFR1 Planned Single Family Residence District in the form attached hereto as Exhibit "C-1" for the portions of the Subject Property lying west of the New Collector Street to be developed with single- family residences, as depicted in Exhibit "D-V or "D-2" attached hereto and incorporated herein by this reference, as applicable, and Exhibit "D-3", attached hereto and incorporated herein by this reference (b) PSFR2 Planned Single Family Residence District in the form C:b yfiles\zonin&ltarc l 2.rdr 3 attached hereto as Exhibit "C-2" for the portions of the Subject Property lying east of the New Collector Street to be developed with single-family residences, as depicted in Exhibit "D-1" or "D-2", as applicable, and Exhibit "D-3", and (c) PCF Planned Community Facility District in the form attached hereto as Exhibit "C-3" for the portions of the Subject Property to be improved with community facilities, including open space areas, as depicted in Exhibit "D-1" or "D-2", as applicable, and Exhibit "D-31'; and (2) a resolution approving the subdivision thereof as depicted on whichever of the preliminary plats attached hereto as Exhibit "D-1" and "D-2" is applicable, as set forth in the following Subparagraphs FIVE B and FIVE C. B. The Subject Property and the project contemplated herein shall be developed in accordance with whichever of the preliminary plats attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable, as set forth in the following Subparagraphs FIVE B and FIVE C, and with the Master Concept Plan documentation set forth in Exhibit "D-3". In the event of any conflict between whichever of the preliminary plats attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable and the Master Concept Plan documentation set forth in Exhibit "D-3", the provisions of the applicable preliminary plat shall control. Engineering for the Subject Property and the project contemplated herein shall be in substantial accordance with the preliminary engineering plans prepared by Manhard Consulting, Ltd. (the "Preliminary Engineering Plans") in the form of Exhibit "D-41', attached hereto and incorporated herein by this reference. The City, Owner, and Developer agree to make reasonable modifications to the applicable preliminary plat or subdivision to solve engineering, layout, and/or design problems not reasonably foreseeable at the time of execution of this Agreement, provided that such changes are in substantial conformance with the approved applicable preliminary plat of subdivision, and do not increase the total number of dwelling units which may be constructed on the Subject Property as contemplated in the applicable preliminary plat of subdivision and in Exhibit "D-3". The parties agree that any modifications which are deemed minor by the City's Development Administrator may be approved by the City's Development Administrator without public hearings and without formal amendment to this Agreement. C. Developer shall be allowed to seek final approval for the subdivision and improvement of portions of the Subject Property as depicted in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and "D-2" is applicable, as set forth in the following subparagraphs FIVE B and FIVE C and shall not be required to submit a final plat and final engineering plans thereof as a single unit, but may submit for approval in accordance with applicable ordinances of the City such plats and engineering plans for phased development of the Subject Property as the Developer may determine, and as the City may approve. The City shall approve final plats of planned unit development, subdivision, or resubdivision as submitted within a reasonable time after a complete application is made therefor and such plat or plats are consistent with (a) applicable ordinances and other requirements of law, (b) generally accepted and sound engineering practices as reasonably determined by the City Engineer, (c) whichever of the preliminary plats of subdivision CAmyGleslzoning\plurcI 2.rdr 4 attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable, as set forth in the following Subparagraphs FIVE B and FIVE C, (d) the Preliminary Engineering Plans, and (e) the terms and conditions of this Agreement. Final plats shall be approved for portions of the Subject Property which are identical in both of the referenced preliminary plats of subdivision, even though the final determination has not been made at the time of final plat approval as to which of the preliminary plats will be utilized in accordance with the following Subparagraphs FIVE B and FIVE C. If a final plat or final engineering plan is not approved, the City shall notify Developer in writing without unreasonable delay in what ways such plat or plan is not in conformity with the applicable approved preliminary plat or other applicable requirements set forth herein. D. Developer shall be responsible for the construction and installation of those on -site public improvements and utilities, consisting of storm sewers, sanitary sewers, water mains, streets and appurtenant structures as are needed to adequately service the Subject Property in accordance with applicable City ordinances and requirements and as are depicted on the Preliminary Engineering Plans. Except as otherwise specifically provided herein, public improvements shall be required only for those areas which are included in each final plat or plats of planned unit development, subdivision, or resubdivision except for such off -site public improvements, including but not limited to water main loops, sanitary sewer facilities, and storm water management facilities as the City may reasonably require based upon generally accepted engineering standards. Adequate security as provided by law shall also be furnished by Developer for any such public improvement. Owner shall dedicate to the City, and the City shall accept, all municipal utility easements, including water, sanitary sewer, and storm sewer easements to detention/retention facilities, if any, included in each phase of the project and Owner shall also grant easements to applicable utility companies for gas, electric, telephone, and cable television; all of such easements and facilities shall be consistent with the City ordinances regulating condition, placement, and size of easements. E. It is expressly understood and agreed that this Agreement, in its entirety, together with the various Petitions for Annexation filed in connection herewith, shall be null, void, and of no force and effect unless (1) the Subject Property is annexed, (2) the Subject Property is zoned and classified in the manner provided herein, and (3) approval of a preliminary plat of subdivision in accordance with Exhibit "D-1" and Exhibit "D-2", and the Master Concept Plan attached hereto as Exhibit "D-3", all by the City within thirty (30) days after receipt by the City of a written notice from the Developer of the completion of Developer's acquisition of the Skok Parcel referred to in Paragraph TWO hereof. As a part of annexation of the Subject Property, the City shall annex all adjacent roads which are not within the corporate limits of any municipality to the far side thereof, including Bowes Road and Water Road. IX. Paragraph FIVE of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: C:\myfileslzoning\p1MrcI 2.rdr 5 "FIVE: A. Except as otherwise specifically set forth herein, Owner and Developer shall comply with the Elgin Municipal Code("E.M.C.") Title 17, Development Impact Fees, as amended. Except as otherwise specifically set forth herein, Owner and Developer shall also comply with City of Elgin Ordinance No. G2-02 and shall pay to the City the Park Capital Improvement Contribution as required therein. Owner and Developer hereby represent and agree that they are paying the fees and contributions to the City provided for in this paragraph and this Agreement as an inducement to the City to annex the Subject Property. Owner and Developer further agree that the contemplated fees and cash contributions to the City for the improvements which may ultimately be constructed by the City with such fees and cash contributions are acknowledged and agreed to be specifically and uniquely attributable to the future development of the Subject Property and the public improvements contemplated by such fees and cash contributions will not otherwise be anticipated by the City absent the annexation of the Subject Property. Owner and Developer further hereby acknowledge the propriety, necessity and legality of the fees and contributions provided for in this paragraph and in this Agreement and waive any and all rights to any and all legal challenges thereof. B. Except as otherwise set forth in the following Sub -paragraph C of this Paragraph FIVE, Developer agrees (1) to convey to the City on or before December 31, 2004, (a) title to a parcel of five (5) acres within the southwest quadrant of the Subject Property, which is depicted in Exhibit "D-3" as "PROPOSED FIRE STATION 5.0 ACRES" and (b) title to a parcel of four (4) acres within the southeast quadrant of the Subject Property which is depicted in Exhibit "D-3" as 'PROPOSED PUBLIC LIBRARY 4.0 ACRES", and (2) to pay the City (a) the sum of Three Million Dollars ($3,000,000.00) for use by the City in the construction of a public safety building or for use by the City for such other public purposes as determined in the City's sole discretion, prorated and payable on a building permit by building permit basis, subject to the right of the City, exercisable by the City in its sole discretion at any time after the second anniversary date of this Agreement, to accelerate payment of the unpaid balance from time to time based upon City plans to constrict such public safety building during the City's fiscal year of such acceleration, such accelerated payments being payable by the Developer in four (4) consecutive equal quarterly installments, and (b) the sum of One Million Five Hundred Thousand Dollars ($1,500,000.00) for use by the City for public purposes as determined by the City in its sole discretion, prorated and payable on a building pen -nit by building permit basis. In the event of the Developer's conveyance to the City of the two parcels of property identified in this paragraph, it is agreed and understood that Exhibit "D-1" shall be the applicable approved preliminary plat of subdivision for the Subject Property. In consideration of the agreements of Developer to make the conveyances set forth in (a) above and the payments set forth in (b) above, the City agrees that the development contemplated in Exhibit "D-1" shall be exempt from (w) the School District Capital Improvement Development Impact Fee (EMC Sec. 17.04.010), (x) the School Site Development Impact Fee (EMC Sec. 17.04.020), (y) the Library District Capital Improvement Impact Fee (EMC Sec. 17.04.040), and (z) the Public Safety Building Capital Improvement Contribution (City of Elgin Ordinance No. G3-02). C:\myfi1"\xoning\p1Mm12.rdr 6 C. Notwithstanding the provisions of the foregoing Sub -paragraph B of this Paragraph FIVE, in the event that on or before December 31, 2004, the Developer acquires or otherwise participates in the acquisition of the so-called "Kendall Parcel," the Developer agrees (1) to convey or cause to be conveyed to the City within sixty (60) days after the acquisition thereof by Developer title to a parcel containing approximately twenty-five (25) acres of the Kendall Parcel, to be in the general location and configuration depicted on Exhibit "F-1" attached hereto and incorporated herein by this reference and legally described on Exhibit "F-2" attached hereto and incorporated herein by this reference (the "City Parcel"), (2) to pay the City (a) the sum of Three Million Dollars ($3,000,000.00) for use by the City in the construction of a public safety building or for use by the City for such other public purposes as determined in the City's sole discretion, prorated and payable on a building permit by building permit basis, subject to the right of the City, exercisable by the City in its sole discretion at any time after the second anniversary date of this Agreement, to accelerate payment of the unpaid balance from time to time based upon City plans to construct such public safety building during the City's fiscal year of such acceleration, such accelerated payments being payable by the Developer in four (4) consecutive equal quarterly installments, (b) the sum of One Million Five Hundred Thousand Dollars ($1,500,000.00) for use by the City for public purposes as determined by the City in its sole discretion, prorated and payable on a building permit by building permit basis. In the event of the Developer's conveyance to the City of the property identified in this paragraph, it is agreed and understood that Exhibit "D-2" shall be the applicable approved preliminary plat of subdivision for the Subject Property. In consideration of the agreements of Developer to make the conveyance set forth in (a) above and the payments set forth in (b) above, the City agrees that the development contemplated in Exhibit "D-2" shall be exempt from (I) (u) the Park Site Development Impact Fee (EMC Sec. 17.04.030), (v) the Park Land Dedication in lieu of the Park Site Development Impact Fee (EMC Sec. 17.05), (w) the School District Capital Improvement Development Impact Fee (EMC Sec. 17.04.010), (x) the School Site Development Impact Fee (EMC Sec. 17.04.020) , (y) the Library District Capital Improvement Impact Fee (EMC Sec. 17.04.040), and (z) the Public Safety Building Capital Improvement Contribution (City of Elgin Ordinance No. G3-02) with respect to the Subject Property, and (II) (uu) the Park Site Development Impact Fee (EMC Sec. 17.04.030), (vv) the Park Land Dedication in lieu of the Park Site Development Impact Fee (EMC Sec. 17.05), (yy) the Library District Capital Improvement Impact Fee (EMC Sec. 17.04.040), and (zz) the Public Safety Building Capital Improvement Contribution (City of Elgin Ordinance No. G3-02) with respect to the Kendall Parcel upon its annexation to the City. In the event the City Parcel is conveyed to the City under this Subparagraph FIVE C., the City shall grant the developer of the remaining portions of the Kendall Parcel such temporary licenses or easements as may be requested by such developer to stockpile on the City Parcel any soil and fill generated by the development of the Kendall Parcel pursuant to a stockpiling plan and erosion control plan approved by the City. All such work performed on the City Parcel shall be in full compliance with all applicable laws and ordinances. Such stockpiling and erosion control plan shall include the right of the City to cause removal of any stockpiled material from the City Parcel on six (6) months written notice to Developer, C9myfi1eshoning\plmrcl 2.rdr 7 whereupon the portion of the City Parcel shall be returned to its existing grade prior to any such stockpiling. All such removal of stockpiled material shall be at the sole cost and expense of Developer. D. The conveyance(s) of the parcel(s) of property from Developer to the City as provided in the preceding Subparagraphs FIVE B and FIVE C shall be made by the Developer to the City by warranty deed(s) conveying good and merchantable title to such parcel(s) subject only to general real estate taxes for the year in which the conveyance occurs and subsequent years. General real estate taxes shall be prorated as of the date of the conveyance." X. Paragraph SIX of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "SIX: Owner agrees that, except as otherwise specifically set forth in this Agreement or in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable or in the Master Concept Plan documentation attached hereto as Exhibit "D-Y, the Subject Property shall be developed in conformance with the open space policies included in the Far West Area Plan, an amendment to the Elgin Comprehensive Plan, and attached hereto as Exhibit "G". Notwithstanding the foregoing, or anything else to the contrary in this Agreement, any development or redevelopment of the Subject Property shall comply with the terms of the Intergovernmental Agreement between the City and the Kane County Forest Preserve District dated December 19, 1997, as amended by Exhibit "M" attached hereto." XI. Paragraph SEVEN of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "SEVEN: As contemplated in Exhibit "M", Owner shall cause all portions of Subject Property depicted in whichever of the preliminary plats of subdivision attached hereto as Exhibit "13-1" and Exhibit "D-2" is applicable as wetlands, screening berms and entry ponds, common open space areas, storm water retention areas, and dry detention areas to be conveyed to a Property Owners Association or associations consisting of the owners of all property located in areas designated by Owner. A Declaration or Declarations of Covenants, Conditions and Restrictions requiring that the Association or associations own and maintain areas conveyed thereto shall be submitted to City for review and approval prior to final plat approval, said Declaration to be filed for recording, at Owner's expense, with the final plat for the applicable phase of Subject Property as Owner may determine." XII. Paragraph EIGHT of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: CdnryfiI"\zoning\pltarCI 2.rdr 8 "EIGHT: Except as specifically permitted pursuant to variation or planned development approval as set forth in Exhibits "C-1" and "C-2" attached hereto, and Exhibits "D-1" or "D-2" as applicable, attached hereto, or Paragraphs NINE and TEN of this Agreement, all aspects of the development and use of the Subject Property and construction and installation of improvements thereon, both on -site and off -site, shall comply fully with all applicable City ordinances and codes." XIII. Paragraph NINE of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "NINE: A. If during the term of this Agreement any existing, amended, modified, or new ordinances, codes, or regulations of general applicability throughout the community to a land developer or subdivider affecting the installation of land improvements (streets, underground utilities, sidewalks, curbs, and gutters) upon the Subject Property are amended or modified in any manner to impose additional requirements on the installation of land improvements within the City, the burden of such additional requirements shall not apply to the Subject Property. This section shall not apply to any changes in fees imposed by the City. The Developer may prepay any or all of the applicable City fees with respect to the project contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable prior to the time any increases in fees go into effect. B. The improvements to Water Road, as set forth as a part of the Preliminary Engineering Plans shall be limited to improvements that maintain Water Road as a rural cross- section. For all purposes of this Paragraph NINE B., the term 'rural cross-section" shall be deemed to refer to a dedicated roadway which includes street lights but does not include curbs, gutters, or sidewalks." XIV. Paragraph ELEVEN of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "ELEVEN: Subject to the provisions of Paragraph TWENTY-THREE of this Agreement, the City hereby agrees to allow Owner to tie into the existing sanitary sewer lines of the City, at Owner's expense, subject to payments required under any outstanding reimbursement ordinances, and with payment of all applicable fees. At Owner's expense, the City agrees to co-operate with Owner in obtaining all necessary Illinois Environmental Protection Agency ("I.E.P.A.") permits required for such sanitary sewer systems and tie-ins. CAmyfi1es\zoning\p1Mm I2.rdr 9 Except as otherwise set forth herein, Owner shall bear all costs for extensions, tie-ins, and permits consistent with applicable City ordinances. Owner shall be responsible for the extension of sewer lines to the far edges of the Subject Property subject to review and approval by the City Engineer. Owner shall install sewer line extension improvements on the Subject Property in compliance with Final Engineering Plan approved by the City Engineer for each phase of the development." XV. Paragraph TWELVE of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "TWELVE: Subject to the provisions of Paragraph TWENTY-FOUR of this Agreement, the City hereby agrees to allow Owner to tie into the existing water lines of the City, at Owner's expense, subject to payments required under any outstanding reimbursement ordinances, and with the payment of applicable fees. At Owner's expense, City agrees to co- operate with Owner in obtaining all necessary I.E.P.A. permits required for such water main extensions and tie-ins. Owner shall bear all costs for extensions, tie-ins, and permits consistent with applicable City ordinances. Owner shall be responsible for the extension of water mains to the far edges of the Subject Property subject to review and approval by the City Engineer. Owner shall install water line extension improvements on the Subject Property in compliance with Final Engineering Plan approved by the City Engineer for each phase of the development." XVl. Paragraph FOURTEEN of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "FOURTEEN: A. The parties acknowledge that the City has adopted City of Elgin Ordinance No. G20-03 establishing a policy for the Far West Area for Development Contributions for Roadways. Such ordinance provides for a cash contribution for roadway improvements for a property such as the Subject Property in the amount of $1,860.00 per dwelling unit. In recognition of the nature of the active adult use of the Subject Property, the panties have agreed to a reduced roadway contribution fee for the Subject Property. Developer shall pay to the City a cash contribution for roadway improvements in the amount of $930.00 for each dwelling unit to be constructed on the Subject Property. The contribution for roadway improvements shall be payable by the Developer to the City prior to the issuance of a building permit for any dwelling unit on the Subject Property. With the sole exception of the reduced amount of a cash contribution for roadway improvements in the amount of $930.00 for each dwelling unit, the provisions of Ordinance No. G20-03 shall otherwise apply to the Developer and to the development of the Subject Property. Developer hereby represents and agrees that it is contributing such roadway improvement contributions to the City as an inducement to the City to annex the Subject Property. Developer further agrees that the contemplated cash contributions to the City for roadways and the road improvements which may ultimately be constructed by the City with such cash contributions are 0\myfiles\zoning\pllnml 2.rdr 10 acknowledged and agreed to be specifically and uniquely attributable to the future developemnt of the Subject Property and the public improvements contemplated by such cash contributions would not otherwise be anticipated by the City absent the annexation of the Subject Property. Developer further acknowledges the propriety, necessity, and legality of the roadway improvement contributions as provided for herein and waives any and all rights to any and all legal challenges thereto. The City acknowledges and agrees that the contribution provided for in the aforementioned Ordinance No. G20-03 shall be the only charge by the City to the development contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable for roadway system impacts. Except as otherwise set forth herein, the City agrees that the cost of construction of any upgrades of the existing roads initially covered by the formula by which such cash contribution for roadway improvements was computed, as set forth in the Elgin Far West Planning Area Roadway Improvement Plan Analysis of Adjusted Developers' Share of Improvement Costs dated February, 2003, shall be paid by the City, and the payment by the Developer of the contribution provided for in the aforementioned Ordinance No. G20-03 shall be the sole and exclusive cost attributable to the development contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable for the cost of upgrades to the existing roads. For purposes of clarification, Developer shall be constructing, at its cost, upgrades to existing Water Road and Bowes Road as identified in the Preliminary Engineering Plans attached hereto as "Exhibit D-4". B. As depicted in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable, the northerly and southerly existing street stubs to the east boundary line of the Subject Property, installed as part of the Woodbridge North and Columbine projects, along with a new street stub to be installed along the north boundary of the Subject Property, shall be improved by Developer as emergency vehicle access points. The design and installation of such access points shall be consistent with other similar emergency vehicle access points in the City and the plans and specifications shall be subject to City approval, which shall not be unreasonably withheld, conditioned, or delayed. The (i) central street stub to the east boundary line of the Subject Property (College Green Drive, extended), (ii) entrance to the Subject Property from Bowes Road, and (iii) entrance from the New Collector Street, shall be gated electronically or otherwise restricted for access by residents and guests of residents of the project contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable. The Developer agrees to construct the street connection from Otter Creek Lane to the north boundary of the Subject Property, as depicted in Exhibit "D-1" and Exhibit "D-2", at the time of, and as part of, the installation of the improvements of the phase of the development contemplated in this Agreement in which such street connection is located. C. The parties recognize the need for a North/South Collector Street running north from Bowes Road to U.S. 20 in the location shown on Exhibit "D-1" and Exhibit "D-2" attached hereto ("New Collector Street"). Developer at its cost shall provide for the substantial completion of construction of that portion of the New Collector Street from Bowes Road to the north property line of the Subject Property so that such portion is open to receive C:\myfiles\zonin&ImrcI 2.rdr 11 traffic on or before August 31, 2005." XVII. Paragraph FIFTEEN of the Agreement is hereby deleted in its entirety and the following is inserted in lieu thereof: "FIFTEEN: Owner shall construct, or cause to be constructed, principal residential structures in conformance with the building elevations and restrictions relating thereto as set forth in the Master Concept Plan documentation attached hereto as Exhibit "D-3". Conformance shall include, but not be limited to, architectural style and building materials." XVIII. The following is hereby inserted at the end of Paragraph SEVENTEEN of the Agreement: "To the extent permitted by law, it is agreed that in the event the annexation of the Subject Property or the terms of this Agreement are challenged in any court proceedings, the period of time during which such litigation is pending shall not be included in calculating said twenty (20) year term or any other time period provided for in this Agreement. In the event this Agreement is not extended by mutual consent prior to the expiration of such twenty (20) year term then, in that event (a) this Agreement shall be of no further force or effect, (b) the zoning classifications granted the Subject Property pursuant to Paragraph THREE hereof shall remain in full force and effect unless and until amended by ordinance adopted by the City pursuant to standard rezoning procedures then in effect, and (c) the development of the remainder of the Subject Property shall proceed in accordance with all applicable ordinances then and thereafter in effect in the City of Elgin. The provisions of this Paragraph SEVENTEEN shall survive the expiration of this Agreement." XIX. The following paragraphs are hereby inserted in the Agreement as Paragraphs TWENTY-TWO through SIXTY-TWO: "TWENTY-TWO: Approval of Private Covenants. Attached hereto as Exhibit "J" and incorporated herein by this reference is a document entitled "Edgewater Declaration of Restrictions and Covenants" (the "Private Covenants"). Developer agrees to record the Private Covenants simultaneously with the recording of the final plat of subdivision as to each phase of the Project to be recorded. All residential structures (including, without limitation, garages) within the Project shall be designed and constructed in compliance with the Private Covenants. No lot on the Subject Property (other than the lots fronting Water Road, west of the New Collector Street) or any residence constructed on a lot on the Subject Property (other than on the lots fronting Water Road, west of the New Collector Street) shall be occupied by any person contrary to the age restrictions as set forth in the Private Covenants. The Private Covenants may be modified or amended by Developer, but, as to amendments or revisions affecting housing design issues (including, but not limited to, lot size, square footage of buildings, building materials or garage design) and age restrictions, such amendments or C9myfi1es\zoning\p1Mrc12.rdr 12 revisions shall require the prior approval of the City Council of the City but shall not require amendment of this Agreement. TWENTY-THREE: Off -Site Sanitary Sewer Service. A. The City has completed construction of the so-called Otter Creek Lift Station ("Lift Station") as set forth on Exhibit "K" attached hereto and incorporated herein by this reference, and installed an effluent (discharge) line connecting the discharge side of said Lift Station to the Bowes Road Interceptor Phase II ("BRIS 2") sewer line, all as generally depicted on said Exhibit "K". The City has also constructed an additional interceptor sewer running parallel to the Bowes Road Interceptor line and leading from the eastern most terminus of the Bowes Road Interceptor 2 line to the west treatment of FRWRD at Route 31 and Dana Drive, Elgin, Illinois (hereinafter called "BRIS 113"). B. The City (i) acknowledges that the Lift Station and BRIS 1B were designed and constructed with sufficient capacity to serve the Subject Property and (ii)agrees to reserve sufficient capacity (commonly referred to as "PE"', or "population equivalents") within the Lift Station, BRIS 2 and BRIS 113, and all sanitary sewer lines owned by the City which service the Otter Creek Service Area so as to serve the number of residential units approved by the City for the project contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "13-2" is applicable. C. The City acknowledges and agrees that Owner and Developer are changing their position with respect to the Subject Property and making a substantial investment in the development of same in express reliance upon the full and faithful performance by the City of its covenants and agreements as contained in this Paragraph TWENTY-THREE. D. The construction by the City of the Otter Creek Lift Station, the effluent lines leading to BRIS 2, and the sewer line from the Otter Creek Lift Station which terminates immediately east of Otter Creek (the Otter Creek Lift Station, the effluent lines discharging therefrom to BRIS 2, and the sewer line from the Otter Creek Lift Station which terminates immediately east of Otter Creek shall be hereinafter collectively called the "Otter Creek Lift Station System"). Developer shall comply with City Ordinance No. 22-03 providing for reimbursements to the City for the Otter Creek Lift Station System and shall make payments to the City when due as required therein. Developer hereby acknowledges the propriety, necessity, and legality of such ordinance and the payments provided for therein and waives any and all rights to any and all legal challenges thereto. E. Attached hereto and incorporated herein by this reference as Exhibit "N" is a document entitled "Sewer Line Construction, Contribution and Recapture Agreement" ("Sewer Agreement") executed by and among the City, the Developer, and other developers within the Far West Planning Area. The Sewer Agreement provides the agreed mechanism for the connection of the project contemplated in Exhibit "D-3" and other proposed developments in the Far West Planning Area to the Lift Station through the construction of a Cdnry6les\mning\pllarcl 2.rdr 13 sanitary sewer line ("Sanitary Line") and the recapture of portions of the cost of construction of the Sanitary Line by the Developer from developers of benefited properties within the service area of the Sanitary Line; the City agrees to incorporate the Sewer Agreement in all annexation agreements of benefited properties within the service area of the Sanitary Line to effectuate - onsistent administration of the procedures outlined in the Sewer Agreement. The Uevcloi ;i agrees that the Sanitary Line shall be constructed and completed no later than June 30, 2004, and prior to the issuance of the fast occupancy permit on the Subject Property. The adoption and administration of the recapture ordinance contemplated in the Sewer Agreement shall be the sole responsibiliy of the City with respect to the collection or payment of any recapt are fees for the construction of the Sanitary Line, and the City shall have no other or further obligation to Developer with respect to the collection or payment of any recapture fees. F. The plans for the Sanitary Line shall be subject to the approval of the City Engineer and the design and costruction of the Sanitary Line shall comply with all applicable requirements of law. G. The design, )]an review, construction, construction inspection, and construction administration for any interceptor sanitary sewer to be constructed in conjunction with the development of the Subjcci Property, whether off -site or on -site, shall also be in compliance with the Far West Interceptor Sewers Policy for Inspections and Construction, dated April 30, 2003, attached hereto and incorporated herein by this reference as Exhibit "H"." TWENI'Y-FOUR: Off -Site Water Supply Service. A. The City represents that (i) there currently exists a f ally functionally potable water supply system sufficient to serve the project conter nplated in ,whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhiibit "D-2" is applicable and (ii) an existing municipal water main ("Existing Water Main ") is located near the intersection of Randall Road and Bowes Road as shown on the plans attached hereto as Exhibit "L". B. If the Existing Water Main has not been extended by other developers to the boundary of the Subject Property, the City shall permit Developer to extend the Existing Water Main, ad Owner's expense, to serve the Subject Property as shown on Exhibit "L", such extension to the easterly boundary of the Subject Property being hereinafter called the "Off -Site Water Main" and such extension from the easterly boundary of the Subject Property to the northerly boundary of the Subject Property following the general route as shown on Exhibit "L" (sixth extension being hereinafter called the "On -Site Water Main"). The City and Developer .i;ree that the construction of the Off -Site Water Main and that portion of the Or, -Site Water Main to the east line of the New Collector Street and, then, north along the east line of Water Road to the north property line of the Subject Property shall be constructed and crronpleted by June 30, 2004, and prior to the issuance of the first occupancy permit on the Subject Property. Each Owner agrees to provide the City, on request, all require t casements in a form acceptable to the City for the construction of the On- C9myfH.s\zoning\pN,c l 2.rdr 14 Site Water Main and, in addition, within thirty (30) days after Developer closes the purchase of the Skok Parcel, Developer shall provide all required easements in a form acceptable to the City for the connection of municipal water service for the Waterford project to the existing municipal water main at the east boundary of the Subject Property and College Green Drive, in the location generally depicted on Exhibit "L". Once completed, Developer shall dedicate pursuant to City ordinances and procedures the portion of the Off -Site Water Main and the On -Site Water Main so extended by Developer to the City, which shall accept said dedication and thereafter maintain same as the City's property. In the event the City desires to have either or both of the Off -Site Water Main and the On -Site Water Main constructed prior to June 30, 2004, it is agreed that the City may proceed to provide for the construction of either or both of the Off -Site Water Main and the On -Site Water Main and the Developer shall and agrees to reimburse the City not later than June 30, 2004, for the cost of of such portion(s) constructed by the City, plus interest at the City's cost of funds from each applicable date of disbursement to the date of payment by Developer. C. It is agreed by the City and Developer that (a) the entire cost of the Off -Site Water Main and (b) one-half (1/2) of the cost of the On -Site Water Main (the "Recapture Water Main Cost") shall be subject to recapture by Developer in accordance with the following provisions of this Subparagraph TWENTY-FOUR C. The Recapture Water Main Costs shall include the actual cost attributable to the design, engineering, construction, and interest actually expended for financing such costs. Within ninety (90) days of the completion of each of the Off -Site Water Main and the On -Site Water Main and the acceptance thereof by the City, the City shall adopt a water main reimbursement ordinance which shall provide for reimbursement to Developer from the owner/developer of the adjoining properties of the Recapture Water Main Cost. For purposes of this Subparagraph TWENTY-FOUR C., the term "adjoining properties" shall be deemed to refer to (c) the properties on the north and south sides of Bowes Road adjacent to the Off -Site Water Main as to the entire cost of the Off -Site Water Main, and (b) the properties on (i) the south side of Bowes Road, except the City Parcel defined in Subparagraph Five C., and (ii) the west side of Water Road adjacent to the On -Site Water Main, as to one-half (1/2) of the cost of the On -Site Water Main. The recapture ordinance or ordinances shall, at Developer's expense, be recorded by the City with the Kane County Recorder. Water main reimbursements to be collected pursuant to such ordinance or ordinances shall be collected by the Developer according to the same procedures utilized for the collection of private interceptor sanitary reimbursements as set forth in Chapter 22.06 of the E.M.C., as amended. Developer shall, not later than the time it gives the notice of completion and request for acceptance of the Off -Site Main and the On -Site Water Main, as the case may be, submit to the City documentation of the actual cost of construction thereof for review and approval by the City and for the City's use in preparation of the applicable recapture ordinance. The adoption of each such recapture ordinance shall be the sole responsibility of the City with respect to the collection or payment of any recapture fee, and the City shall have no other or further obligation with respect to the collection or payment of any recapture fee. C:bnyfiles\z ning\p1mrc I 2.rdr 15 D. The payment of water tap -on fees for the project contemplated in Exhibit "D-3" shall be on a per -unit basis at the time of issuance of building permits. From and after the annexation of the Subject Property to the City and the payment of all applicable fees and compliance with applicable ordinance requirements, the City shall provide water service to the Subject Property on a basis comparable to and not less favorable than other similarly zoned residential properties in the City." TWENTY-FIVE: A. On -Site Plans: Utilities and Stormwater Management: Roads. The City and Developer agree that all streets within the development contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable shall be privately owned and maintained by a property owners association as set forth in the Private Covenants attached hereto as Exhibit "J". Developer shall not be required to provide any additional streets, locate any additional streets, collectors or street connections through the Subject Property, other than as set forth in the Peliminary Engineering Plans. The City agrees to allow the Owner to construct and extend within the boundaries of the Subject Property, at the Owner's expense, the utilities of sanitary sewer, storm sewer, and water (the "On -Site Utility Lines") and to provide for on -site stormwater retention/ detention, all in substantial accordance with the Preliminary Engineering Plans. By way of further clarification, it is agreed that : (1) Sanitary sewer lines and water mains serving the development contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable shall be owned and maintained by the City and shall be located in the portions of the public and private rights -of -way and, if necessary, in the parkway or other easements granted by Developer adjacent to the applicable private street. The City agrees that parkway landscaping may be located within any such right-of-way and easement; (2) The sewer service lines (from the street stub to the residential unit) and water service line (from the buffalo box to the residential unit) shall be maintained by the property owners' association referenced in Paragraph SEVEN of this Agreement; (3) Stormwater lines serving the development contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable shall be owned and maintained by the property owners association referenced in Paragraph SEVEN of this Agreement and shall be located in the portions of the public and private rights -of -way and, if necessary, in the parkway or other easements granted by Developer the parkway adjacent to the applicable private street or, if Developer so elects and if consistent with generally acceptable engineering standards, along and adjacent to the rear lot lines of each lot within such development. The City agrees that parkway landscaping may be located within any such right-of-way and easement; and Comyfi1es\zomng\p1Wrc I2.rdr 16 (4) The creek realignment as contemplated in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-1" and Exhibit "D-2" is applicable shall be designed to maintain existing floodplain storage at a 1:1 hydraulic equivalent. (5) In consideration of the City's consent to allow the Developer to locate sanitary sewer lines, water mains, or stormwater lines in the parkway, the Developer shall pay to the City prior to and as a condition to the issuance of each residential building permit for the Subject Property an additional fee of $1,003.00 per dwelling unit. B. Prior to formal final plat approval for any phase of the development, but following approval of final engineering plans for underground utilities, the Developer shall be permitted, at the Developer's sole risk, to construct and maintain sanitary sewer lines, storm drainage system, water mains and roadway improvements for any such phase. TWENTY-SIX: Issuance of Mass Grading Permits. The City agrees that, prior to the issuance of final plat approval the City shall, at the request of the Developer, promptly issue to the Developer such permits as may be required to permit the Developer to proceed with the mass grading required for the construction of the Project; provided, however, that as a condition to the issuance of such permits, Developer shall be required to submit to the City all of those matters required by Title 21 of the E.M.C. and to obtain development permits as required by said Title 21. TWENTY-SEVEN: Open Space Parcels: Subject to Exhibit "M", the Open Space Parcels, as defined in whichever of the preliminary plats of subdivision attached hereto as Exhibit "D-l" and Exhibit "D-2" is applicable, shall be developed by the Owner in accordance with the Master Concept Plan docmmentation attached hereto as Exhibit "D-3" and conveyed by the Owner to a property owners' association or associations, as set forth in Paragraph SEVEN, subject to the conditions and reservations that each such parcel may be impressed with an easement reserving to the Owner the right and easement to make use of same for recreational, stormwater detention, and other purposes not inconsistent with open space preservation. TWENTY-EIGHT: Remedies. Notwithstanding anything to the contrary contained in Paragraph SIXTEEN of this Agreement, it is agreed that the parties hereto shall have the following rights and remedies in the event of a breach or default hereunder: (a) enforce or compel the performance of this Agreement, at law or in equity, by suit, action, mandamus, or any other proceeding, including specific performance; (b) maintain an action to recover any sums which the other parry has agreed to pay pursuant to this Agreement and which have become due and remain unpaid for more than C:Myfiles\wningV1Mrc 12.rdr 17 fifteen (15) days following written notice of such delinquency. It is expressly acknowledged and agreed that except as provided in paragraph TWENTY- EIGHT (b) above, neither party shall have the right to seek or recover a judgment for monetary damages against the other or their respective officers, directors, employees, agents, or elected public officials. TWENTY-NINE: No Merger. The provisions contained herein shall survive the annexation of the Subject Property and shall not be merged or expunged by the annexation of the Subject Property or any part thereof to the City. This Agreement shall be construed under the laws of the State of Illinois. The parties agree that venue shall be proper only in the Circuit Court for the Sixteenth Judicial Circuit, Kane County, Illinois. THIRTY: Notices. Notices or other writings which any party is required or may wish to serve upon any other party in connection with this Agreement shall be in writing and shall be delivered personally or sent by registered or certified mail, return receipt requested, postage prepaid, or by nationally recognized overnight courier, prepaid, addressed as follows: If to the City or City of Elgin the Corporate 150 Dexter Court Authorities: Elgin, IL 601.20 Attn: City Clerk with a copy to: City of Elgin 150 Dexter Court Elgin, IL 60120 Attn: Corporation Counsel If to Owner: Vijay and Dolly Gupta 3N982 Walt Whitman Road St. Charles, IL 60175 If to Owner: Carolyn D. Skok, Martin J. Skok, III, William H. Skok, Thomas D. Skok and Cheryl S. Hogrewe c/o William H. Skok 1100 Jansen Farm Drive Elgin, IL 60123 If to Owner: Gary N. Ludwig 9N865 Water Road Elgin, IL 60123 C:Wyfi1es\zoning\p1Wrc12.rdr 18 If to Owner: Scott C. and Nancy S. Schroeder 407 Elm Street Elgin, IL 60123 If to Developer: Pulte Home Corporation c/o Peter Keane 2250 Pointe Boulevard, Suite 401 Elgin, IL 60123 with a copy to: Richard L. Heimberg, Esq. Brady & Jensen 2425 Royal Boulevard Elgin, IL 60123 with a copy to: Charles L. Byrum, Esq. Gardner, Carton & Douglas Suite 3700 191 North Wacker Drive Chicago, IL 60606 with a copy to: Douglas J. Sclrflow, Esq. 63 Douglas Avenue Elgin, IL 60120 with a copy to: Richard I. Marblestone, Esq. 1250 Larkin Avenue, Suite 240 Elgin, IL 60123 with a copy to: Raymond R. Geimer, Esq. 96 Kennedy Memorial Drive, Suite 203 Carpentersville, IL 60110-1698 Notices shall be deemed received on the fifth (5th) business day following deposit in the U.S. Mail, if given by certified mail as aforesaid, and upon receipt or refusal if personally delivered. THIRTY-ONE: Time of the Essence. It is agreed that time is of the essence of this Agreement and each and every term and condition hereof and that the parties shall make every reasonable effort to expedite the matters included herein. THIRTY-TWO: Cooperation and Good Faith. The City and Owner agree to take all steps necessary or appropriate to carry out the terns of this Agreement and to aid and assist CAmyfiles\zoning\p1(arc 12.rdr 19 the other party, including enactment of such resolutions and ordinances and the taking of such other actions as may be necessary or desirable to enable the parties to comply with and give effect to the terms of this Agreement. It is further understood and agreed that the successful consununation of this Agreement and the development of the Subject Property is in the best interests of all the parties and requires their continued cooperation. The City, Owner, and Developer shall do all things necessary or appropriate to carry out the terms and provisions of this Agreement and to aid and assist each other in carrying out the terms and objectives of this Agreement and the intentions of the parties as reflected by said terms, including, without limitation, the giving of such notices, the holding of such public hearings, the enactment by the City of such resolutions and ordinances, and the taking of such other actions as may be necessary to enable the parties' compliance with the terms and provisions of this Agreement and the intentions of the parties as reflected by said terms. The City, Owner, and Developer shall act in good faith, reasonably and promptly, with respect to all consents, approvals, and actions required or requested of it or taken by it hereunder or in connection with the development of the Subject Property. Whenever any approval, discretion, or consent of the City or of any of its departments, officials, or employees is called for under this Agreement, the same shall not be unreasonably withheld, delayed, conditioned, or exercised. THIRTY-THREE: Miscellaneous. This Agreement shall inure to the benefit of, and be binding upon, the parties hereto, the successors in title of the Owner and their respective successors, grantees, lessees, and assigns, and upon successor corporate authorities of the City and successor municipalities; provided, however, any provision of this Agreement to the contrary notwithstanding, that in the event and to the extent that Owner, or its successors or assigns, shall designate or contract with a developer to perform Owner's obligations hereunder, then in that event, the new designee or obligee shall be subject to the liabilities, commitments, and obligations of this Agreement and Owner shall thereupon be released from such assumed obligations. It is understood that this Agreement shall run with the land and, as such, shall be assignable to and binding upon subsequent grantees, lessees, and successors in interest of Owner, and, as such, this Agreement and all exhibits hereto shall be recorded with the Recorder of Kane County, Illinois. THIRTY-FOUR: Sale of Subject Property. Except as otherwise provided in this Agreement, it is understood and agreed by the parties hereto that, in the event all or any portion of the Subject Property is sold or conveyed at any time during the term of this Agreement, all of the obligations and responsibilities of the Owner deriving from this Agreement for the parcel sold or otherwise conveyed shall devolve upon and be assumed by such purchaser or grantee, and the Owner as herein defined shall be released from all obligations of the Owner which relate to the sold portion of the Subject Property upon same being sold or conveyed. THIRTY-FIVE: Agricultural Use. The Subject Property, or portions thereof, may CArnyfiles\zoning\ptlemI2.rdr 20 continue to be used from time to time for the planting, harvesting, housing, storage and selling of soil crops grown on the Subject Property as lawful nonconforming uses until such time as another use allowed under the City of Elgin Zoning Ordinance is established. THIRTY-SIX: Joint Preparation. This Agreement is and shall be deemed and construed to be the joint and collective work product of the City and Owner and, as such, this Agreement shall not be construed against either party, as the otherwise purported drafter of same, by any court of competent jurisdiction in order to resolve any inconsistency, ambiguity, vagueness, or conflict in terms or provisions, if any, contained herein. THIRTY-SEVEN: Storm Water Facilities. The development of the Subject Property shall comply with the Preliminary Engineering Plans or any amendment thereto approved by the City. Subject to the review and approval of the City Engineer in accordance with applicable City ordinances and procedures, which shall not be unreasonably withheld, delayed, or conditioned, the Developer shall be permitted to install temporary stormwater detention facilities on the Subject Property as part of the first phase of development thereon. The Developer shall be responsible for all costs associated with the review and approval of the Owner's stormwater management submittal. THIRTY-EIGHT: Payment of Fire Protection District Disconnection Fee. Developer shall pay (or reimburse the City for the payment of) the disconnection fee, if any, payable to the South Elgin and Countryside Fire Protection District under the provisions of 70 ILCS 705/20 (e). At the time of annexation Developer shall deposit with the City the amount of such disconnection fee; provided, however, that if such disconnection fee cannot be determined with precision, then Developer shall deposit with the City the estimated amount of such disconnection fee (based on the last ascertainable tax bill), and upon the issuance of the final tax bill upon which such calculation must, according to the statute, be based, the City and Developer shall equitably re -adjust the amount of such payment. THIRTY-NINE: Counterparts. This Agreement may be executed in any number of counterparts and triplicate originals, each of which shall be deemed an original, but all of which shall constitute one and the same instrument. FORTY: Amendment. This Agreement may be amended from time to time in the manner provided by law by written document executed by the City and Owner, or their respective successors or assigns, following all other procedures required by law. In furtherance of the foregoing, a power is hereby granted to Richard L. Heimberg or Charles L. Byrum, and their successors and assigns, as attorney -in -fact, to execute, on behalf of any and all record title holders other than Owner of any portion of the Subject Property from time to C\myGles\zoning\p1mrcI 2.rdr 21 time after the date hereof, such amendments to this Agreement shall be agreed to from time to time by and between City and Owner, regardless of the number or subject matter of such amendments. Unless specifically provided to the contrary in a deed, mortgage, or other instrument of conveyance, each deed, mortgage, or other instrument with respect to any portion of the Subject Property, and the acceptance thereof, shall be deemed a grant and acknowledgment of, and consent to, such power to said attorney -in -fact and shall be deemed to reserve to him the power to execute such amendments to this Agreement as hereinabove set forth. Anything herein contained to the contrary notwithstanding, the power herein granted to either said attorney -in -fact may be revoked or amended in a written declaration of revocation or in a written declaration of amendment, specifically referring to the power herein granted, signed by all of the record title holders of all portions of the Subject Property from time to time, other than Owner. FORTY-ONE: Timing Delas. Wherever a time period exists in this Agreement within which a party is obligated to perform an act, such time period shall be deemed automatically extended for the period of unavoidable delay if the party is unable, through no fault of its own, to perform such act in a timely manner as a result of war, act of God, insurrection, labor unrest, or material shortages. The inability to pay debts as they become due shall not excuse timely performance hereunder. FORTY-TWO: Fee Increases. The City agrees that there shall be no unreasonable or discriminatory increases or changes in the method of calculation of development fees compared to similar fees and charges imposed by the City of general applicability throughout the so-called Far West Area of the City which are in effect as of the date hereof. FORTY-THREE: Compliance with Laws and Regulations. Except as otherwise specifically provided herein, all public improvements pertaining to the development of the Subject Property shall be constructed in accordance with the applicable ordinances of the City and other governmental agencies having jurisdiction over the Subject Property and pursuant to the terms of this Agreement. FORTY-FOUR: City Consent. Whenever consent or approval of the City is required in order for Owner to accomplish the purpose and intent hereof, such consent shall not be unreasonably withheld, conditioned, or unduly delayed. If such consent or approval is denied, such denial shall be in writing and shall specify the reason or reasons for such denial. FORTY-FIVE: Stop Orders. Except as may be required pursuant to the Kane County 0Wyfi1e \zoning\p1wc12.rdr 22 stormwater management ordinance, the City shall issue no stop orders directing work stoppages on buildings or parts of the Subject Property without setting forth the alleged violations in writing, and Owner shall forthwith proceed to correct such violations as may exist; provided, however, that the City shall give notice to Owner of its intention to issue stop orders in advance of the actual issuance of such stop orders, except in the event an emergency is deemed to exist by the City. FORTY-SIX: Building Permits/ Foundation Permits. The City agrees to issue, within a reasonable time after initial submission, review, and approval of building construction plans, and the payment of required building permit fees and all other required applicable fees, all necessary building and other permits for the construction of any and all improvements on the Subject Property or issue a letter of denial within said period of time informing Owner and the applicant as to wherein the application does not conform to the stated section of the Code. The City agrees that building permits issued for winter installation of basements/slabs shall not require immediate construction of structural components for such building. The issuance of a building permit, in and of itself, shall not be construed as a guarantee that a Certificate of Occupancy shall be issued, it being the intention of the parties that the issuance of a Certificate of Occupancy shall be subject to the provisions of Paragraph FORTY-SEVEN hereof. FORTY-SEVEN: Occunancv Permits. A. The City agrees to issue Certificates of Occupancy within a reasonable time (which, in any event, shall not exceed ten (10) business days) after application or to issue a letter of denial within said period of time informing Owner and the individual or entity to whom the building permit was issued specifically as to those corrections necessary as a condition to the issuance of a Certificate of Occupancy and quoting the section of the Code relied upon by the City in its request for correction. B. The City shall make reasonable allowances for the completion of public improvements which cannot be completed due to adverse weather conditions. Specifically, the City shall issue conditional or temporary Certificates of Occupancy for dwelling units when adverse weather conditions do not permit: outside painting; landscaping; driveway, sidewalk, or servicewalk construction; or final grading of individual homes, appurtenances, or lots, provided the purchaser of the applicable dwelling unit executes and delivers to the City the City's standard "hold harmless" agreement whereby such purchaser waives any claims it may have against the City by reason of the failure of the Developer to complete any such unfinished item. The City warrants and agrees that Certificates of Occupancy (temporary or permanent, as the case may be) shall be issued upon (a) proper application of the appropriate party, (b) compliance with all applicable building codes and other zoning ordinance requirements, and (c) receipt and approval by the City of a performance bond (or a suitable alternative such as an irrevocable letter of credit or a cash deposit) covering one hundred twenty-five percent (125%) of the cost of any incomplete site work. Q\myfles\zoning\plts¢l2.rdr 23 FORTY-EIGHT: Public Improvements. A. It is understood that prior to the construction of any public improvements, Developer shall submit the required plans, final plat, specifications and engineer's estimate of probable cost, for approval by the City Engineer, as provided herein, after which and upon providing the required surety bond, the Developer may proceed to construct said improvements. Upon installation of underground utilities, the security shall be reduced to an amount which, in the opinion of the City Engineer, is sufficient to ensure completion of the work yet to be performed. The security shall also be reduced pursuant to this Paragraph FORTY-EIGHT upon installation of the street base and then, again, upon the completion of the final lift for streets. B. The acceptance of public improvements by the City shall (i) be accomplished within a reasonable time after notice of completion by Owner and full compliance with applicable codes and ordinances, (ii) follow the posting by Owner of a guarantee bond acceptable to the City in accordance with applicable ordinances, and (iii) be made only by the passage of a resolution by the City Council of the City after filing with the City Clerk of a certificate by the City Engineer certifying that all such improvements have been completed and the construction or installation thereof has been approved by him. If appropriate under the circumstances, such acceptance shall be in phases, as such phases are complete. C. From and after the acceptance of any public improvements by the City, such public improvements shall be maintained, reconstructed, repaired, and replaced by the City and all cost and expense of operation, maintenance, repair, reconstruction, and replacement of such public improvements shall be the sole responsibility of the City. Warranty period bonding or a suitable alternative (such as an irrevocable letter of credit or a cash deposit) shall be provided in accordance with ordinances of the City. D. It shall be a condition to the City's obligation to accept dedication of any public improvement that the dedication of such improvement be accompanied by the grant of appropriate easements to permit the City to carry out its responsibilities with respect to such improvements. E. It shall be a condition to the granting of any easement required to be granted pursuant to any provision of this Agreement that the grantee shall agree that, in the event of C9myfiles\zoning\p1mnI IT& 24 any use of such easement for construction or maintenance of the facility for which such easement was granted, (1) the grantee shall restore the property to substantially the same condition as existed prior to such construction or maintenance, and (2) the grantee, its agents, employees, or contractors shall hold the grantor and his or its successors in interest harmless from any third party claims for personal injury or property damage which arise or result from the activities of the grantee in connection with such construction or maintenance. FORTY-NINE: Public Services. Except as otherwise provided by law, including, but not limited to, the provisions of 70 ILCS 705/20(b), from and after the annexation of the Subject Property to the City, the City shall from time to time provide, on a basis comparable to and not less favorable than that applicable to other areas of the City bearing similar characteristics to the Subject Property, all services for the Subject Property and the occupants and properties located therein, of the same kind, character, and quality including, without limitation, fire protection and police protection, which are at any such time provided for other areas of the City. It is agreed and understood that the services referred to in this paragraph that the City will be providing are general services only and that no special duties or obligations are intended nor shall be deemed or construed to be created by this Agreement. It is further agreed and understood that this Agreement is not intended nor shall be construed to alter, limit, or constitute a waiver of any of the civil immunities afforded the City and/or its employees pursuant to the Local Governmental and Governmental Employees Tort Immunity Act at 745 ILCS 10/1-101, et: seq., as amended, it being agreed that all of the civil immunities as set forth in such Act, as amended, shall fully apply to any claims asserted or which might be asserted against the City and/or its employees as a result of this Agreement or any of the actions of the parties pursuant to this Agreement. Without limiting the foregoing, it is further agreed and understood that the City and/or its employees as a result of this Agreement or any of the actions of the parties pursuant to this Agreement shall not be liable to any party to this Agreement or to any other person or entity for failure to provided adequate police protection or service, failure to prevent the commissions of crime, failure to detect or solve crimes, failure to identify or apprehend criminals, failure to provide fire protection, rescue, or emergency service, failure to suppress or contain a fire, or failure to provide or maintain sufficient personnel, equipment, or other fire protection facilities. Notwithstanding anything to the contrary in this paragraph or in this Agreement, it is agreed and understood that no action may be commenced by any person or entity against the City or its officials, officers, employees, or other related persons or entities for monetary damages for any alleged breach of the provisins of this paragraph or other provisions of this Agrement. FIFTY: Controlling Law. This Agreement is adopted pursuant to the provisions of the Illinois Municipal Code; provided, however, that any limitations in the Illinois Municipal Code in conflict with the provisions of this Agreement shall not be applicable, and as to all such provisions the City hereby exercises its powers pursuant to the provisions of Article VII, Section 6 of the Constitution of the State of Illinois. Simultaneously with the annexation of the Subject Property and without further public hearings, the City agrees, to the extent it may C:\myfi1cs\zonmg\p1UrcI2.rdr 25 lawfully do so, to adopt such ordinances as may be necessary to effectuate the use of its home rule powers. City recognizes and agrees that the entry into this Agreement, the annexation of the Subject Property to the City, and the zoning of the Subject Property as set forth in Paragraph THREE hereof, are upon the express reliance by Owner that the terms and provisions of this Agreement shall be valid for the term set forth in Paragraph SEVENTEEN hereof and that the City shall take no action which shall in any way be contrary to, or inconsistent with, the teens and provisions of this Agreement. FIFTY-ONE: Procedures Followed. The parties hereto agree that there has been taken all action required by law, including the holding of such hearings as may be required, to bring about the amendments to the Zoning Ordinance of the City and other related ordinance amendments as may be necessary or proper in order to zone and classify the Subject Property so as to enable the same to be used and developed as contemplated herein and to enable the parties to execute this Agreement and fully carry out the covenants, agreements, duties, and obligations created and imposed by the terms and conditions hereof. FIFTY-TWO: Individual Owner Exculpation. The City specifically acknowledges that each Owner is executing this Agreement solely for the reason that they are the owners of record of the Subject Property and may continue to be owners of record of portions of the Subject Property during the term of this Agreement, even though Pulte or another party may acquire a portion of the Subject Property and may develop such portion. The City further acknowledges that each Owner, (other than Pulte as to any portion it owns) is not, and does not intend to become, a developer of the Subject Property although such Owner may from time to time execute various documents, such as subdivision plats, applications for utility permits, and the like in order to comply with rules and regulations applicable to the development of the Subject Property as well as the provisions of contracts with other parties. In light of the foregoing, the City agrees that no Owner (other than Pulte as to any portions of the Subject Property which it owns) shall be responsible for the performance of any of the provisions of this Agreement. In the event an Owner of the Subject Property assigns its rights under this Agreement and such assignee in whole or in part defaults in the performance of this Agreement or any provision hereof, the City shall look solely to such developer of all or a portion of the Subject Property, or its successors or assigns who are developers, as the case may be, for such performance or for compensation for damages due to the failure of such performance as it related to the portion of the Subject Property being developed. FIFTY-THREE: Interpretation of "Owner". The City acknowledges and agrees that, in the interpretation and implementation of this Agreement, the term "Owner" as used herein shall be deemed to apply only with respect to a particular portion of the Subject Property as to which an individual or entity is the record title holder or beneficial owner and specifically and expressly agrees that no liability or responsibility under any provision of this Agreement shall be attributed to an individual or entity with respect to a portion of the Subject Property C:\myfiles\zoning\piMrci2.rdr 26 as to which such individual or entity has no legal or beneficial interest. FIFTY-FOUR: Temporary Buildings Construction & Sales Trailers/Offices. Prior to the commencement of the construction and final plat approval for each unit, the Developer shall submit to the City Zoning Administrator a plan showing the location of all proposed temporary construction and sales trailers/offices, including parking areas, fencing, signage and landscape treatment. Said plan shall also indicate the one general location of where all construction and material storage trailers and sales trailers other than the trailers for the sales office shall be located. The Developer shall be permitted two construction trailers and six material storage trailers. The Developer shall have the right to use the construction and material storage trailers for the purpose of its construction and sales activities until construction is completed on the Subject Property and shall have the right to use the sales trailers for the purpose of its sales activities until model homes are available for use.. The Developer shall keep such area free of debris and rubbish and keep the area free of weeds and in a mowed condition, and the City may inspect such area from time to time to determine that Developer is in compliance with its obligations hereunder. No later than fifteen (15) days after the sales offices move to a model home, Developer agrees to remove any temporary sales trailers and temporary parking areas and leave the area in a presentable condition. Construction of temporary facilities shall be in compliance with the provisions of the City's building code, except that sewer and water need not be comiected to the temporary facilities. Paved drives and parking areas shall be provided to accommodate vehicular access to all temporary sales trailers/office facilities. The Developer agrees to hold the City harmless for any liability associated with the installation and operation of any temporary facilities. FIFTY-FIVE: Model Home Sites; Master Approval of Building Plans. A. Prior to final plat and engineering approval for any phase of the development and in advance of completing the installation of sanitary sewer, storm drainage system, water mains and roadway improvements, the Developer shall be permitted at the Developer's sole risk, to construct and maintain model homes as set forth in Exhibit "D-3", to construct and maintain other appurtenant facilities for said model units, including temporary sanitary facilities subject to any required permits from the applicable health department (if the same are not operated as "dry" models), and to construct and maintain temporary parking areas. Developer may construct and operate "dry"models. A condition of approval shall be that the City's Development Administrator and the City's Fire Marshall are satisfied that access to the model homes is safe and adequate. If, at the time the use of the models is commenced, weather conditions will not permit the paving of the access drive and parking areas for such models, access and parking may be stone or gravel and paving shall occur when weather conditions permit. The Developer shall have the right to occupy and use said models, as well as their garages, for sale, sales promotions and offices for sales personnel, all as may be desirable or in any way connected with the sales of dwellings on the Subject Property. Q\nryfi1es\zoning\p1tarc12.rdr 27 Construction of models shall be in compliance with the provisions of the City's Building Code, except that sewer and water need not be connected to the models so long as the Developer provides well and septic facilities in accordance with applicable City and County regulations; and provided further, that each model shall not be occupied for residential dwelling purposes until such time as the public improvements are sufficiently completed for the City to issue a Certificate of Occupancy. Notwithstanding any City ordinances to the contrary, for as long as the model area is used for selling dwelling units, the Developer shall have the right to erect fencing on a temporary basis that entirely encloses the model area and directs model area traffic. It is further understood that successor developers shall be entitled to signs and models in replacement of those to which Developer is entitled. It is understood that signs and fences provided for herein shall be subject to the approval of the City Zoning Administrator and that no signs or fences shall be placed upon the public right-of-way. B. At such time as the City has approved building plans for any model of a dwelling unit (including extras or options), the same shall constitute a "master approval" of the plans for such model. Thereafter, subsequent building permit applications for any model which conforms to the plans for which a master approval has been made shall include documentation customarilty required for building permit applications but shall not be required to include additional copies of building plans. The Developer shall provide the City with sufficient copies of plans for which master approval has been given, for use in the field as dwelling units are constructed. Nothing contained herein shall relieve Developer from the obligations to pay permit fees and other applicable fees for each dwelling unit for which a building permit is sought. FIFTY-SIX: Posting of Information: Developer shall at all times post in a conspicuous place within the sales office, a copy of the Master Concept Plan and a map designating surrounding land uses and public properties on adjacent lands. FIFTY-SEVEN: Temporary Access. The City shall provide reasonable cooperation in making temporary access available to the Subject Property for traffic used in the development and construction of public improvements and buildings on the Subject Property, including the issuance of temporary curb cuts from roads within the jurisdiction of the City and the issuance or permits for haul roads and construction roads, as well as assisting in the obtaining of temporary curb cuts from roads within the jurisdiction of other governmental bodies or agencies. FIFTY-EIGHT: Liquor License. Following the annexation of the Subject Property and the completion of the community center thereon, and subject to the conditions and limitations hereinafter set forth in this paragraph, the City shall provide for the issuance of a CAmyfi1es\zoning\p1MmI2.rdr 28 Class C liquor license to the Edgewater Property Owners' Association, an association consisting of the owners of all of the property to be located on the Subject Property, which will permit the sale and consumption of alcoholic beverages on the site of the community center. The Class C liquor license shall be used in connection with the Edgewater Property Owners' Association community center. The City will issue such Class C liquor license provided that the applicant shall meet each and every provision of the City's liquor control ordinance and the Dram Shop Act (235 ILCS5/1-1, et seq.) relating to applications, qualifications, regulations, and restrictions for operators of establishments serving, dispensing, or selling alcoholic beverages. It is expressly understood by the parties that, notwithstanding any other provisions of this Agreement, any changes in, modifications of, or amendments to the liquor control ordinance that shall impose more or less restrictive requirements and regulations on establishments serving, dispensing or selling alcoholic beverages or operators or licensees thereof shall be applicable to establishments situated within the Subject Property. The ordinance, as it may be amended from time to time, shall operate uniformly and without exception on all persons and establishments within the class to which it relates. No license that may be issued hereunder shall be effective for a period in excess of the term applicable to the respective classification as provided in the liquor control ordinance. The location of such liquor establishment shall be in accordance with good planning standards and applicable provisions of state and local law. The refusal to issue a liquor license on the basis that the request is not in compliance with good planning standards shall be exercised only in cases of clear abuse of such reasonable standards. FIFTY-NINE: Roadway Vacation. In the event that the City elects to vacate any roadway adjacent to the Subject Property, including Water Road, the City shall be responsible for reserving or obtaining and maintaining, at its own cost and expense, easements for utilities in lieu of utilities being located in public rights -of -way. SIXTY: Disconnection. Neither the Owner, Developer, nor any of the Owner's or Developer's successors in interest shall file, cause to be filed, or take any action that would result in the disconnection or deannexation of the Subject Property from the City of Elgin during the term of this Agreement. SIXTY-ONE. Rezoning Procedure. It is agreed that in the event the Owner or the Developer, or any of the Owner's or Developer's successors in interest, proposes to rezone the Subject Property after the passage of the PSFRI or PSFR2 Single Family Residence District zoning ordinances and the PCF Planned Comnumity Facility District zoning ordinance referred to in Paragraph THREE of this Agreement, or in the event the Owner, Developer, or any of the Owner's or Developer's successors in interest otherwise proposes to amend such referenced zoning ordinances, that any such proposed rezoning or amendment to such zoning ordinances shall require the prior amendment of this Agreement upon terms and conditions which are acceptable to the City, in the City's sole discretion and any petition for any such CAmyrilea\zoning\pllarci 2.rdr 29 amendment shall require only the signature(s) of the Owner or Developer of the portion(s) of the Subject Property covered by such amendment. SIXTY-TWO. Special Service Area. After the annexation of the Subject Property to the City, it is agreed that the City shall create and establish a Special Service Area for the Subject Property pursuant to 35 ILCS 200/27-5, et seq., as amended, to provide the City with the resource of revenue for maintaining, repairing, reconstructing, or replacing the storm water drainage system, detention and retention areas, special management areas, or other improvements located on the Common Area of the Subject Property should the homeowners association owning the land on which such facilities or improvements are located fail to perform maintenance, repair, reconstruction, or replacement in accordance with City ordinances or other applicable requirements of law. The Owner, Developer, and any of the Owner's or Developer's successors in interest with respect to the Subject Property agree to and do hereby waive any and all protests, objections, and/or rights to petition for disconnection regarding such special Service Area for the Subject Property. The provisions of this paragraph are intended to create a revenue source to the City for the referenced maintenance, repairs, reconstruction, or replacement and are not intended, and shall not be construed, to create an obligation of the City to provide for such maintenance, repairs, reconstruction, or replacement." XX. The closing paragraph and signature blocks set forth is the Agreement are hereby deleted in their entirety and the following are inserted in lieu thereof: "IN WITNESS WHEREOF, The Corporate Authorities and Owner have hereunto set their hands and seals and have caused this instrument to be executed by their duly authorized officials and the corporate seal affixed hereto, all on the day and year first above written. SIGNATURES ON PAGE 31 CAn,yG1u\zoning\p1M,c l 2A, 30 Attest Attest William H. Skok - ow �)4 Chehil S. Hoerewe CITY OF ELGIN, ILLINOIS PULTE HOME CORPORATION WIN Carolyn 6. Skok Thomas D. Skok Vijay Kamdar Gupta ..' Na y S. Schroeder Attest A°' a't` �'�'J rasa m'Y't " tit% �ASALLE BANK l X11:12 soft f wwta M Ilfi"'o 3 LaSalle Bank as successor trustee under Trust No Lnd SV7 CAmy6les\zoning\p1WrcI2.rdr 31 Ass19tant { Hlrir•,' �reslit t Tn.ksiee'sUeae a didCiveto ar. td rfao:. a part RIDER ATTACHED TO AND MADE A PART OF DOCUMENT DATED 3 Id 4 R UNDER TRUST NO. qOsS This instrument is executed by LaSalle Bank National Association, not personally but solely as trustee, as aforesaid, in the exercise of the power and authority conferred upon and vested in it as such trustee. All the terms, provisions, stipulations, covenants and conditions to be performed by LASALLE BANK NATIONAL ASSOCIATION, are undertaken by it solely as trustee, as aforesaid, and not individually and all statements herein made are made on information and belief and are to be construed accordingly, and no personal liability shall be asserted or be enforceable against LASALLE BANK NATIONAL ASSOCIATION, by reason of any of the terms, provisions, stipulations, covenants and/or statements contained in this instrument. TABLE OF EXHIBITS Exhibit Description A Legal Description of the Subject Property 1. Skok Parcel 2. Gupta Parcel 3. Ludwig Parcel 4. Schroeder Parcel B Annexation Plat C-1 PSFRI Ordinance C-2 PSFR2 Ordinance C-3 PCF Ordinance D-1 Preliminary Plat with 4/5 acre parcels for City D-2 Preliminary Plat without City parcels D-3 Master Concept Plan D-4 Preliminary Engineering Plans E Description of off -site utility easements F-1 Location Plat of the City Parcel F-2 Legal description of the City Parcel G Far West Area Plan H Far West Interceptor Sewers Policy for Inspections and Construction I [Reserved] J Private Covenants K Lift Station L Off -site Municipal Water Plans M Amendment to Kane County Forest Preserve District/City Intergovernmental Agreement N Sewer Line Construction, Contribution and Recapture Agreement