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05-134 Resolution No. 05-134 RESOLUTION AUTHORIZING EXECUTION OF AN ANNEXATION AGREEMENT (B & B Properties of Illinois, Inc.-901 and 1000 Corron 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 WHEREAS, said territory is not a part of any other municipality; and 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: April 13, 2005 Adopted: April 13, 2005 Vote: Yeas: 5 Nays: 1 Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk 11 ANNEXATION AGREEMENT THIS AGREEMENT made and entered into this 13th day of April, 2005, 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"), and Laura Helen Yurs as Trustee under Trust Agreement dated October 18, 1991 and known as Laura Helen Yurs Trust Number 1; and Donald E. Yurs as Trustee under Trust Agreement dated October 18, 1991 and known as Donald E. Yurs Trust Number 1, (hereinafter collectively referred to as the "Owner") and B & B PROPERTIES OF ILLINOIS, INC., an Illinois corporation, (hereinafter referred to as the "Developer"). WHEREAS, Owner is the owner of record of the real property described in Exhibit "A", 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 and Pingree Grove Fire Protection Districts, and whereas each of the Trustees of said Districts 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 notices have been provided has been filed with the County Recorder; and -1- WHEREAS, the Subject Property is located within Plato 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, 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 mutual promises and covenants contained herein, the sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows: 1. 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. 2. The Corporate Authorities, within 30 days following: (a) the execution of this Agreement, (b) the receipt of a current title report verifying the owner of record of the Subject Property by the City Clerk, and (c) the filing of Developer's Petition for Annexation in form and substance as required by law, shall pass an ordinance annexing the Subject Property to the City. By mutual agreement of the City and Developer, said annexation may be in one or more phases. The Annexation Plat(s) for the subject ordinance(s) shall be in the form of Exhibit B attached hereto and made a part hereof. b0Z 3. A. Immediately after the passage of the ordinance(s) annexing the Subject Property, as provided in paragraph 2 hereof, the Corporate Authorities shall pass or adopt the following ordinances and resolution: (i) an ordinance zoning portions of the property in the PSFR2 Planned Single Family Resident District in the form attached hereto in Group Exhibit C for the areas of the Subject Property identified in Exhibit C-1 (being the zoning map prepared by Glen D. Krisch Land Surveyor, Inc., dated last revised April 5, 2005) as Tracts 3, 7, 14, 17, 22 and 23 and designated in the PSFR2 district. (ii) an ordinance zoning a portion of the property in the PSFR2 Planned Single Family Residence District in the form attached hereto in Group Exhibit C for the area of the Subject Property identified in Exhibit C-1 as Tract 18 and designated in the PSFR2 district. (iii)an ordinance zoning a portion of the property in the PSFRl Planned Single Family Residence District in the form attached hereto in Group Exhibit C for the areas of the Subject Property identified in Exhibit C-1 as Tracts 1, 6, 11, 12 and 13 and designated in the PSFR1 district. (iv) an ordinance zoning a portion of the property in the PMFR Planned Multiple Family Residence District in the form attached hereto in Group Exhibit C for the area of the Subject Property identified in Exhibit C-1 as Tract 15 and designated in the PMFR district. (v) an ordinance zoning portions of the property in the PCF Planned Community Facility District in the form attached hereto in Group Exhibit C for the areas of the Subject Property identified in Exhibit C-1 as Tracts 2, 4, 5, 8, 9, 10, 16, 19, 20 and 21 and designated in the PCF district. (vi) a resolution approving the Preliminary Plat of Subdivision for the Subject Property prepared by Land Vision, Inc., dated February 8, 2005 (such Preliminary Plat of Subdivision being hereinafter -3- referred to alternatively as the "Preliminary Plat of Subdivision", "Development Plan" or "Development", a copy of such Preliminary Plat of Subdivision being attached hereto as Exhibit D. In the event the annexation of the Subject Property is in one or more phases the foregoing zoning ordinances and the resolution approving the Preliminary Plat of Subdivision for the Subject Property shall also be adopted in phases as the Subject Property is annexed into the City of Elgin. B. Except as otherwise provided for in this agreement no changes or amendments in the zoning ordinance of the City which shall directly or indirectly adversely affect the use or development of the Subject Property shall be of any effect unless applicable to all comparable areas of the City. C. The Subject Property and the Development contemplated herein shall be developed in accordance with the Preliminary Plat of Subdivision. Engineering for the Subject Property and the Development contemplated herein shall be in substantial accordance with the Preliminary Engineering Plans prepared by Christopher B. Burke Engineering West, Ltd., dated October 8, 2003, last revised February 11, 2005, attached hereto as Exhibit E (hereinafter referred to as the "Preliminary Engineering Plans"). The City and the Developer agree to make reasonable modifications to the Preliminary Plat, subdivision plat, Preliminary Engineering and/or the landscaping plans to solve engineering, layout and/or design problems not reasonably foreseeable at the time of the execution of this Agreement, provided that such changes are in substantial conformance with the approved 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 Preliminary Plat of Subdivision. 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. D. Developer shall be allowed to seek final approval for the subdivision of portions of the Subject Property as depicted in the Preliminary Plat of Subdivision 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 Developer may determine, and as the City may approve. The City -4- shall approve final plats of a planned development, subdivision or resubdivision as submitted if such plat or plats are consistent with (i) applicable ordinances, (ii) sound engineering practices (iii) the Preliminary Plat of Subdivision and the Preliminary Engineering Plans, and (iv) the terms and conditions of this Agreement. E. 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 for the Subject Property. 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 improvements. Developer 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 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 and practices regulating condition, placement, use and size of easements. 4. A. Notwithstanding anything to the contrary in this Agreement, this Agreement and each of the parties' obligations hereunder are expressly subject to and contingent upon: (a) an amendment to the Fox River Water Reclamation District Facility Planning Area to include the Subject Property (hereinafter referred to as the "Subject FPA Amendment"); and (b) either (i) the receipt by the City of a certified copy of the ordinance annexing the Subject Property to the Fox River Water Reclamation District ("FRWRD") or (ii) the presentation to the City of a written agreement in a form acceptable to the City's Corporation Counsel whereunder FRWRD agrees to provide sanitary treatment services to the Subject Property notwithstanding that the said Subject Property is not then being currently annexed to FRWRD -5- (such annexation by FRWRD or such agreement by FRWRD to provide sanitary treatment services to the Subject Property is hereinafter referred to as "FRWRD's Agreement to Service the Subject Property"). In the event the Subject FPA Amendment and FRWRD's Agreement to Service the Subject Property does not occur within thirty-six (36) months of the date of this Agreement then either party, upon written notice to the other party, may elect to terminate this Agreement and thereupon this Agreement shall be null and void and of no further force and effect. In the event this Agreement is so terminated and the Subject Property has previously been annexed into the corporate limits of the City of Elgin the Subject Property shall be disconnected from the City of Elgin. B. Notwithstanding anything to the contrary in this Agreement, it is agreed and understood that no final engineering plans, plats of subdivision, building permits or other construction permits or approvals shall be approved or issued for the Subject Property unless and until the occurrence of the Subject FPA Amendment and FRWRD's Agreement to Service the Subject Property. 5. Owner represents that off -site utility easements required to service the Subject Property are described on Exhibit 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 all 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. 6. A. Developer shall comply with the Elgin Municipal Code Title 17--Development Impact Fees, as amended, and pay the fees when due as required therein. Notwithstanding the foregoing, Developer shall pay to the City a school district capital improvement contribution and a school district 0 transition fee in the amounts set forth in Exhibit G attached hereto in lieu of the school district capital improvement development impact fee provided for in Elgin Municipal Code Section 17.04.010. Developer shall also pay to the City a library district capital improvement contribution in the amounts set forth in Exhibit G attached hereto in lieu of the library district capital improvement fee provided for in Elgin Municipal Code Section 17.04.040. Such school district capital improvement contribution, school district transition fee and library district capital improvement contribution shall be paid on a per -unit basis (per single family residence) prior to or concurrent with the issuance of a building permit. Developer shall also comply with City of Elgin Ordinance No. G2-02 and Ordinance No. G3-02 and shall pay to the City the park capital improvement contribution and the public safety building capital improvement contribution as required therein. Developer hereby represents and agrees that it is 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 or undertakings which may ultimately be constructed or performed by the City, the school district or the library district 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 or undertakings contemplated by such fees and cash contributions will not otherwise be anticipated by the City, the school district or the library district 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 this Agreement and waive any and all rights to any and all legal challenges thereto. B. Notwithstanding the foregoing in paragraph A above, in the event the Developer constructs improvements on the neighborhood parks to be dedicated to the City the Developer shall receive a credit for the costs of the construction of such improvements towards the Park Capital Improvement Contribution (the "Neighborhood Park Portion"). Said parks shall be improved by the Developer substantially in conformance with plans to be submitted by the Developer to the City and approved by the City's Development Administrator. Said park improvements shall be completed by the Developer in conjunction with that phase of the development that the park is located in. The expenditures for park improvements by the Developer shall be mutually verified by the City and Developer. The amount of the credit for park improvements constructed by the Developer shall be deducted from the Park Capital Improvement Contribution and said amount shall be reflected in the reduction in the contribution due by the Developer at the time of the issuance of building permits. C. The calculation of the City's impact fees and contributions under current ordinances is attached hereto as Exhibit G. Nothing herein prevents the Developer from prepaying any impact fees in order to avoid subsequent impact fee or contribution increases. 7. Developer agrees that, except as otherwise specifically set forth below in this Agreement or in the Preliminary Plat of Subdivision attached hereto as Exhibit D, the Subject Property shall be developed in conformance with the open space policies included in the Elgin Comprehensive Plan for the Far West Area, and is incorporated herein by reference. B. Owner shall cause all portions of Subject Property depicted on a Preliminary Plat as wetlands, screening berms and entry ponds, common open space area, 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 of the applicable phase of Subject Property as Owner may determine. 9. Except as specifically permitted pursuant to variation or planned development approval, or paragraphs 10 and 11 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. 10. If during the term of this Agreement and after final plat or planned development approval, any existing, amended, 12 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. 11. 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 any 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. 12. 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 cooperate with Owner in obtaining all necessary Illinois Environmental Protection Agency (IEPA) 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 the Final Engineering Plan approved by the City Engineer for each phase of the development. 13. City hereby agrees to allow Owner to tie into the existing water lines of the City, at Owner's expense, subject to -9- 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 (IEPA) 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 the Final Engineer Plan approved by the City Engineer for each phase of the development. 14. 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 part from liability or obligations in this regard. Acceptance of public improvements by the City shall be consistent with applicable City ordinances. 15. Developer shall comply with City of Elgin Ordinance No. G 20-03 establishing a policy for the Far West Area for Development Contributions for Roadways and shall pay such contributions to the City when due as required therein. 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 and Owner further agree 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 acknowledged and agreed to be specifically and uniquely attributable to the future development 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. Owner and -10- Developer further hereby acknowledge the proprietary, necessity and legality of the roadway improvements contributions as provided for herein and waive any and all rights to any and all legal challenges thereto. Said contribution shall be paid on a per unit basis (per residence) concurrent with the issuance of a building permit. The City acknowledges that this is the only road impact fee which will be assessed against the development by the City and that Developer shall not be subject to any further impact fees or contributions for the Subject Property from the City for road impact fees. 16. All residential structures to be constructed on the Subject Property shall be designed, constructed and maintained in conformance with the requirements of the planned development ordinances enumerated in paragraph 3 hereof, the building elevations and architectural design standards attached hereto as Exhibit H ("Building Elevations"), and with the private covenants referred to in paragraph 7 hereof. The private covenants may be modified or amended by the Owner, but, as to amendments or revisions effecting house design issues (including, but not limited to, lot size, square footage of buildings, building elevations, building materials or garage design) such amendments or revisions shall require the prior approval of the City Council of the City but shall not require an amendment of this Agreement. In the event of any conflict between the provisions of the planned development ordinances, the building elevations and the private covenants, the provisions of the planned development ordinances shall control. Additional building elevations for residential structures to be constructed on the Subject Property may be authorized and approved by the City's Community Development Manager so long as any such additional building elevations otherwise are in compliance with the terms and provisions of the planned development ordinances, private covenants and the annexation Agreement. 17. 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 foregoing, no action shall be commenced by the Owner and/or Developer and/or any of their successors and/or assigns against the City for monetary damages. 18. This Annexation Agreement shall be in effect for a period of twenty (20) years from the date of execution hereof and -11- 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. 19. 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. 20. 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 judgment or decree shall relieve the City from performance under such invalid provision of this Agreement. 21. 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. 22. 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 Development; 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 EMC and to obtain development permits as required by said Title 21. 23. 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 of general applicability throughout the City imposed by the City which are in effect as of the date hereof. 24. 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 source of revenue for maintaining, repairing, reconstructing or replacing the stormwater drainage system, detention and retention areas, special management areas or other improvements located on the Common Area of the Subject Property should the homeowners 12- association owning the land on which such facilities or improvement are located fail to perform maintenance, repair, reconstruction or replacement in accordance with City ordinances or other applicable requirements of law. The Owner and/or Developer and any of their successors in interest 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 Special Service Area is for the exclusive purpose of creating 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. 25. A. The Open Space/Park Parcels, as identified on the Preliminary Plat of Subdivision attached hereto as Exhibit D shall be developed by the Developer in accordance with such Preliminary Plat of Subdivision. The Developer shall convey the Open Space/Park Parcels to the following entities: Entity City of Elgin Open Space Parcel Parcel(s) 8, 15, 19 and 21 Stonebrook Homeowners Association(s) Parcel(s) 1, 2, 3, 4, 5, 6, 7, 9, 10, 11, 12, 13, 14, 16, 17, 18, 20, 22, 23, 24, 25, 26, 27, 28 and 29 B. Notwithstanding anything to the contrary in this Agreement, it is agreed and understood that the City is contemplating utilizing the property identified in the Preliminary Plat of Subdivision as Lots 1 through 7, that portion of Parcel 4 lying north and west thereof, Parcel 6 and that portion of the public right-of-way lying north of the south lines of Lots 1 and 7 extended, as a City of Elgin fire station site (such property is hereinafter referred to as the "Potential Fire Station Site"). The Owner and Developer agree not to develop the Potential Fire Station Site until the earlier of two (2) years from the date of this Agreement or the receipt of written notice from the City that the City does not intend to acquire the Potential Fire Station Site from the Developer for the use as a City of Elgin fire station. In the event the City provides written notice to the Developer within two years from the date of this Agreement of its intention to use the Potential Fire Station Site as a City of Elgin fire station Owner and/or Developer shall convey or cause to be conveyed the Potential Fire Station Site to the City pursuant to the provisions of this paragraph. Upon -13- Developer receiving such a written notice from the City that the City intends to acquire the Potential Fire Station Site from the Owners and/or Developer for the use as a City of Elgin fire station the Owner and/or Developer shall within sixty (60) days thereafter convey good and merchantable title to the Potential Fire Station Site to the City by recordable special warranty deed subject only to real estate taxes not then yet due and payable. The purchase price for the conveyance of the Potential Fire Station Site from the Owner and/or Developer to the City shall be the price per acre as provided in Elgin Municipal Code Section 17.04.070A. The purchase price for the Potential Fire Station Site shall be paid by the City to the Owner/Developer as determined by the City either in a lump sum amount upon the conveyance of the Potential Fire Station Site from the Owner/Developer to the City or through credits towards the public safety building capital improvement contribution to be paid by the Developer. In the event the City elects to provide for the payment of the purchase price through credits the amount of the purchase price shall be deducted from the public safety building capital improvement contribution and said amount shall be reflected in the reduction in the contribution due by the Developer at the time of the issuance of building permits. C. Notwithstanding anything to the contrary in this Agreement, it is agreed and understood that in the event the Owner and/or Developer elects not to develop Lot 91 in the Preliminary Plat of Subdivision or otherwise proposes to sell such Lot 91 to a third party it is agreed that the City shall have a right of first refusal to purchase such Lot 91. The Owner and/or Developer shall provide the City written notice of its intention to sell Lot 91 to a third party. Such written notice shall include a copy of any agreement providing for such proposed sale of such Lot 91 to a third party and shall otherwise describe the proposed terms of such sale. The City shall have forty-five (45) days from the receipt of such written notice from the Owner/Developer to advise Owner/Developer in writing whether the City is electing to exercise its right of first refusal to purchase such Lot 91. In the event the City so notifies the Owner/Developer of its intent to exercise its right of first refusal to purchase such Lot 91 the Owner and/or Developer shall within sixty (60) days thereafter convey good and merchantable title to such Lot 91 to the City by recordable special warranty deed subject only to real estate taxes not then yet due and payable. The purchase price for such Lot 91 shall be in the amount of the purchase price in Owner's/Developer's proposed sale of such Lot 91 to a third party with such purchase price to be 14- paid upon the conveyance of such Lot 91 from the Owner/Developer to the City. 26. Whenever consent or approval of the City is required in order for Developer 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. 27. Except as may be required pursuant to the Kane County 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 Developer shall forthwith proceed to correct such violations as may exist; provided, however, that the City shall give notice to Developer 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. 28. 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 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 Developer and the applicant as to wherein the application does not conform to the stated section of the Code. 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 29 hereof. 29. The City agrees to issue Certificates of Occupancy within a reasonable time (which, in any event, shall not exceed 10 business days) after application or to issue a letter of denial within said period of time informing Developer 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. The City 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, zoning ordinance requirements -15- and other applicable requirements of law, 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 (1250) percent of the cost of any incomplete site work. The City shall allow one master bond at a mutually agreed upon amount to cover any incomplete work for multiple numbers of dwelling units, which amount shall be increased in the event the City determines that the amount of the bond is insufficient. 30. A. Except with respect to the construction of the off - site sanitary sewer, it is understood that prior to the construction of any streets or any other 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 streets and other public improvements. Upon installation of the asphalt base course and upon completion of other portions of the improvements, 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. B. The acceptance of public improvements by the City shall (i) be accomplished within a reasonable time after notice of completion by Developer and full compliance with applicable codes and ordinances, (ii) follow the posting by Developer 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. -16- 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. 31. 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 provide adequate police protection or service, failure to prevent the commissions of crime, failure 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 -17- alleged breach of the provisions of this paragraph or other provisions of this Agreement. 32. 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. 33. A. The City agrees to collect from the owner or the time of annexation or if improvements are accepted ther the first subdivision plat tY the following improvements: to adopt a recapture ordinance(s) owners of benefited properties at annexation is completed before the as a condition to the approval of eir pro-rata share of the cost of (i) the on -site water supply improvements constructed by the Developer which are oversized to serve and benefit other properties; (ii) the on -site sanitary sewer improvements constructed by the Developer which are oversized to serve and benefit other properties; (iii)to the extent and only if the City subsequently agrees that a recapture ordinance(s) is appropriate and necessary, such other public improvements constructed by the Developer which are oversized to serve and benefit other properties. B. The recapture ordinance(s) shall provide for interest from the time any such improvements are completed, at the market rate prevailing at the time the recapture ordinance(s) is entered. In any such recapture ordinance(s), the City shall determine the benefited properties and the amount subject to recapture for such benefited off -site properties on a cost - benefit basis acceptable to the City and Developer. Any obligations of the City under such recapture ordinance(s) shall be non -recourse to the City and shall provide that the City shall not be responsible in the event there is no development of the property contemplated to be benefited by such improvement or the -18- recapture fees are otherwise uncollected for any reason other than for the City failing to in good faith attempt in connection same. 34. A. 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 other than the trailers for the sales office shall be located. The number of permitted construction trailers and material storage trailers shall be determined by the City's Development Administrator in his sold discretion. 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. 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. B. 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 connected to the temporary facilities. Paved drives and parking areas (weather permitting) 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. 35. A. Prior to final plat and engineering approval for any phase of the development and in advance of completing the installation of sanitary, storm drainage system, water mains and roadway improvements, the Developer shall be permitted at the Developer's sole risk, to construct and maintain a model home area and associated sales offices ("Model Areas"); 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 or his designee are satisfied that access to the Model Areas is safe and 19- 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. B. 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 temporary sanitary and water 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. C. 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. D. 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 customarily 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 for each dwelling unit for which a building permit is sought. -20- 36. Developer shall at all times post in a conspicuous place within the sales office, a copy of the Development Plan and a map designating surrounding land uses and public properties on adjacent lands. 37. The Developer shall pay (or reimburse the City for payment of) the disconnection fee, if any, payable to the South Elgin and the Pingree Grove Fire Protection Districts under the provisions of 70 ILCS 705/20 (e). At the time of annexation, the 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 the 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 and loss, according to statute, be based, the City and the Developer shall equitably readjust the amount of such payment. 38. This Agreement is and shall be deemed and construed to be the joint and collective work product of the City and Developer and, as such, this Agreement shall not be construed against any 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. 39. Notwithstanding anything to the contrary contained in Paragraph 17 of the 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 party has agreed to pay pursuant to this Agreement and which have become due and remain unpaid for more than 15 days following written notice of such delinquency. It is expressly acknowledged and agreed that except as provided in subparagraph (b) above, neither party shall have the right to seek or recover a judgment for monetary damage against -21- the other or their respective officers, directors, employees, agents or elected public officials. 40. 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 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 3 hereof, are upon the express reliance by Developer that the terms and provisions of this Agreement shall be valid for the term set forth in Paragraph 18 hereof and that the City shall take no action which shall in any way be contrary to, or inconsistent with, the terms and provisions of this Agreement. 41. 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. 42. Except as otherwise provided herein, 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 terms of this Agreement, all of the obligations and responsibilities of the Developer deriving from this Agreement for the parcel sold or otherwise conveyed shall devolve upon and be assumed by such purchaser or grantee, and the Developer as herein defined shall be released from all obligations of the Developer which relate to the sold portion of the Subject Property upon same being sold or conveyed. 43. 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 -22- requested, postage prepaid, or by a nationally overnight courier, prepaid, addressed as follows: If to the City or to the Corporate Authorities: City of Elgin 150 Dexter Court Elgin, Illinois 60120 Attention: City Clerk recognized With a copy to: City of Elgin 150 Dexter Court Elgin, Illinois 60120 Attention: Corporation Counsel If to Owner and/or Developer: B & B Properties of Illinois, Inc. 40W320 LaFox Road, Suite E St. Charles, Illinois 60175 Attention: C. Kenneth Blood and Jerry D. Boose With a copy to: Patrick M. Griffin Griffin & Hoskins LLC 40W320 LaFox Road, Suite E St. Charles, Illinois 60175 44. If the Subject Property, or portions thereof, are currently used for the planting, harvesting, housing, storage and selling of soil grown crops then the Subject Property or the portions thereof used for such purposes may 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 or until it is under development as provided herein. 45. 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. 46. The City and Developer agree to take all steps necessary or appropriate to carry out the terms of this Agreement and to aid and assist the other party, including enactment of such resolutions and ordinances and the taking of such other -23- actions as may be necessary or desirable to enable the parties to comply with and give effect to the terms of this Agreement. 47. This Agreement shall insure to the benefit of, and be binding upon, the parties hereto, the successors in title of the Developer, and each of them, their respective successors, grantees, lessees, and assigns, and upon successor corporate authorities of the City and successor municipalities. 48. This Agreement may be executed in any number of counterparts and duplicate originals, each of which shall be deemed an original, but all of which shall constitute one and the same instruments. 49. This Agreement constitutes a covenant running with the land composing the Subject Property, binding upon the parties hereto, the successors in title of the Developer and each of them, all grantees, successors, and assigns of the respective parties hereto, including successor corporate authorities and successor municipalities of the City. The City may record a memorandum of annexation agreement placing of record the terms, provisions and obligations of this Agreement. 50. In the event any phrase, paragraph, article or portion of this Agreement is found to be invalid or illegal by any court of competent jurisdiction, such finding of invalidity as to that portion shall not affect the validity, legality or enforceability of the remaining portions of this Agreement. 51. The Owner and/or Developer, and any of the Owner's and/or Developer's successors in interest, shall not 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. 52. It is agreed that in the event the Owner and/or Developer or any of the Owner's and/or Developer's successors in interest, but not including the City, propose to amend the PSFR1, PSFR2 and/or PMFR zoning ordinances referred to in Paragraph 3 of this Agreement, above, then any such proposed rezoning or amendment to such zoning ordinances shall require the amendment of this Agreement upon the terms and conditions which are acceptable to the City, in the City's sole discretion. However, with respect to the requirement of the Owner's and/or Developer's signature only the written approval of the legal titleholder of the interest in the property affected by the proposed amendment -24- shall be required to initiate such a proposed amendment to this Agreement. 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. CITY OF ELGIN, a municipal corporation 0 / Ed .. Mayor Attest: Dolonna Mecum, City Clerk B & B PROPERTI I LINOIS, INC., an Il o' oration B'a- C.yKenneth�Bl Its President Attest: Charles Blood, Vice President LAURA HELENE YURS AS TRUSTEE DONALD E. YURS AS TRUSTEE UNDER TRUST AGREEMENT DATED UNDER TRUST AGREEMENT DATED OCTOBER 18, 1991 AND KNOWN AS OCTOBER 18, 1991 AND KNOWN AS LAURA HELEN YURS TRUST NUMBER 1 DONALD E. YURS TRUST NUMBER 1 )I-f1,,1-.1j By i�=�� / Lih_4 BY LeJLCU G:\Storage\WP\NS\Pat Griffin\B & B Enterprises\Stonebrook (Yurs Property)\Annexation-Stonebrook Subdivision-B & B Properties-Final-5-24-05.doc 90411