HomeMy Public PortalAboutResolution 1438RESOLUTION NO. 1438
A RESOLUTION AUTHORIZING REIMBURSEMENT FOR THE
CONSTRUCTION OF IMPROVEMENTS BENEFICIAL TO THE PUBLIC
WHEREAS, the Village of Plainfield (hereinafter referred to as "VILLAGE") has caused
certain improvements to the Village's water system along 127t" Street between Heggs Road
and the east property line of Grande Park (hereinafter referred to as "IMPROVEMENT A") and
anticipates augmenting that system in the near future along 127t" Street from the east
property line of Grande Park to Stewart Road (eventually connecting to the Village's well site
at Stewart and Grande Park Boulevard) (hereinafter referred to as "IMPROVEMENT B"); and
WHEREAS, IMPROVEMENT A and B are valuable and substantial improvements
benefiting property described as shown in Exhibits "A" and "B", respectively, which are
attached hereto and made a part hereof and which are further described as the "BENEFITING
PROPERTY"; and
WHEREAS, the distribution of cost for IMPROVEMENT A and B are detailed in Exhibit
"C" as to each BENEFITING PROPERTY, which is attached hereto and made a part hereof;
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF PLAINFIELD, as follows:
SECTION 1
The foregoing recitals are hereby incorporated by reference into the body of this Agreement
as if fully set forth and repeated.
SECTION 2
IMPROVEMENT A was completed and certified in the sum of four hundred eleven thousand
seven hundred twentx-five dollars and ninety-six, cents ($411,725.96) The VILLAGE shall be
entitled to recapture fift 50%) percent of those costs constituting IMPROVEMENT A from
the BENEFITING PROPERTY as depicted in Exhibit "A". Said cost to be proportionately paid
by the area served at a rate of one thousand two hundred thirty =six dollars and ten cents
($1,201.$7) per acre.
S:\Resolutions~Resolution 1-3-OS.DOC
IMPROVEMENT B is estimated in the sum of one hundred eight three thousand six hundred
twenty dollars ($1$3,620.00). The VILLAGE shall seek to recapture one hundred (100%)
percent of those costs constituting the IMPROVEMENT B from the BENEFITING PROPERTY
as depicted in Exhibit "B". Said cost to be proportionately paid by the area served at a rate of
one thousand forty-eight dollars and sixty-seven cents ($1,048.67) per acre.
SECTION 3
The VILLAGE staff is authorized to collect said sum of ($372,790.98) from the BENEFITING
PROPERTY, including requiring said payment as a condition of annexation, as to the
BENEFITING PROPERTY.
PASSED THIS 3rd DAY OF January , 2005.
AYES: Fay, Waldorf, Collins, Dement, Thomson, O'Connell.
NAYS: 0
ABSENT:O
APPROVED THIS 3rd DAY OF __January , 2005.
J r r..~
~/ / ~/
VILLAG RESIDENT
__ ATTEST:
VILLAGE CLERK
S:~Resolutions~Resolution 1-3-OS.DOC
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Exhibit C
127th 20" water main
Heggs Road to Stewart Road
RECAPTUREABLE AMOUNTS
20" completed: $205,862.98
20" to install: $166,928.00
Total: $372, 790.98
Benefitting
Property PIN Development Acres Cost/Ac. Total
Paydon 01-30-300-010 Chatham Square 65.77 $1,201.87 $79,046.79
Drinkall 01-30-300-006 14.4 $1,201.87 $17,306.88
a 01-30-300-005
~ w Pranga 01-30-300-007
~ g Becker 01-30-300-004
~- ~ 01-30-100-005
12.4 $1,201.$7 $14,869.50
24.7 $1,201.87 $29,6$6.11
O Stewart 01-30-100-008 Stewart Ridge 49.3 $1,201.87 $59,252.04
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cL Aros 01-30-300-008 1.4 $1,201.87 $1,648.96
~ Hernandez 01-30-300-009 1.4 $1,201.87 $1,648.96
Ernst 01-30-300-002 1.0 $1,201.87 $1,201.87
Etheridge Tr. 01-30-300-003 1.0 $1,201.87 $1,201.87
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Rousonelos
03-25-400-001
75.18
$1,048.67
$78,839.35
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o O Simpkins 03-25-400-002 4 $1,048.67 $4,194.70
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~ Stewart 03-25-400-003 Chatham Square 80 $1,048.67 $83,893.96
Total $372, 790.98
H:\PROJECTS\Recapture\127th water Heggs to Stewart\127th 20 water 12-9-04