HomeMy Public PortalAboutOrdinance 2721 ORDINANCE NO. 2721
AN ORDINANCE ADOPTING AN AGREEMENT AUTHORIZING REIMBURSEMENT
FOR THE CONSTRUCTION OF IMPROVEMENTS BENEFICIAL TO THE PUBLIC
FOR THE VILLAGE OF PLAINFIELD
WHEREAS, the VILLAGE is authorized by the Illinois Municipal Code (65 ILCS
5/9-5-1 et. seq.) to enter into agreements to provide for the recapture of offsite
improvement costs.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF PLAINFIELD, AS FOLLOWS:
I. That the Agreement Authorizing Reimbursement for the Construction of
Improvements Beneficial to the Public for the Village of Plainfield which is
attached hereto and made a part hereof, is hereby adopted by the
President and Board of Trustees of the Village of Plainfield.
This Ordinance shall be in full force and effect from and after its passage,
approval and filing as required by law.
PASSED THIS 17TH DAY OF DECEMBER, 2007.
AYES: Lamb, Manning, Racich, Vaupel, Dement, Fay
NAYS: None
ABSENT: None
APPROVED THIS 11TH DAY OF NOVEMBER, 2008
VILLAGE O F PLAINFIELD /7
BY: 44
LAGE PRESIDENT
ATTES :
L")( / I
VILLAGE CLERK
' y
111 11111111111111111111111111111111111111111 R2011051262
STATE OF ILLINOIS ) Receipt # T20110058660
) SS. Karen A. Stukel Will County Recorder 16P
COUNTY OF WILL ) CK Date 06/01/2011 Time 10:14:54
Recording Fees: $36.75
IL Rental Hsng. Support Program: $0.00
I, Michelle Gibas, the duly appointed Village Clerk of the Village of Plainfield, Will and
Kendall Counties, Illinois, do hereby certify that the above and foregoing is a true and
correct copy of a First Amendment to an agreement authorizing reimbursement for
construction of improvements beneficial to the public.
IN WITNESS WHEREOF, this 24th day of May, 2011.
r
MICHELLE GIBAS, VILLAGE CLERK
(SEAL)
Updated 2/6/08
FIRST AMENDMENT TO A CERTAIN AGREEMENT BETWEEN THE
VILLAGE OF PLAINFIELD,ROBERT HINTZSCHE, SHIRLEY HINTZSCHE,
JEAN SENECA,AND FRANK SENECA DATED FEBRUARY 6, 1995, TITLED
"AN AGREEMENT TO PROVIDE FOR THE RECAPTURE OF PAYMENT FOR
OFFSITE STREET, ROADWAY AND OTHER PUBLIC IMPROVEMENTS",
RECORDED IN WILL COUNTY AS DOCUMENT NUMBER R95-060994
PIN: 06-03-16-400-008
06-03-21-200-009
06-03-21-200-008
THIS AGREEMENT AUTHORIZING REIMBURSEMENT FOR
CONSTRUCTION OF IMPROVEMENTS BENEFICIAL TO THE PUBLIC is entered
into this 17 day of Der , 2001 (hereafter referred to as the "AGREEMENT") by and
between the VILLAGE OF PLAINFIELD, an Illinois municipal corporation, located in
Will and Kendall County, Illinois, (hereafter referred to as "VILLAGE"), the estate of
Shirley Hintzsche (hereafter referred to as "UNIT 1 OWNER") and Beechen & Dill
Builders, Inc. (hereafter referred to "DEVELOPER").
WHEREAS, UNIT 1 OWNER was the owner and developer of real estate
described in Exhibit"A" (hereinafter referred to as the "SPANGLER FARM PARCEL");
and
WHEREAS, UNIT 1 OWNER sold Unit 2 of Spangler Farm to DEVELOPER;
and
WHEREAS, DEVELOPER is the developer of real estate described in Exhibit
"A" (hereinafter referred to as the "SPANGLER FARM UNIT 2 PARCEL"); and
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WHEREAS,DEVELOPER has made certain offsite street, roadway, right of way,
and utility improvements to Renwick road from the Commonwealth Edison right-of-way
east generally to Illinois Route 59 (hereinafter referred to as "IMPROVEMENTS"); and
WHEREAS, the IMPROVEMENTS are valuable and substantial improvements
benefiting property described in Exhibit "B" and shown in Exhibit "C" which are
attached hereto and made a part hereof and which are further described as the
"BENEFITING PROPERTY"; and
WHEREAS, it is the opinion of the corporate authorities of the VILLAGE that
such IMPROVEMENTS benefit the BENEFITED PROPERTY legally described in
Exhibit"B"; and
WHEREAS, the VILLAGE is authorized by the Illinois Municipal Code (65
ILCS 5/9-5-1 et. seq.) to enter into agreements to provide for the recapture of offsite
improvement costs; and
WHEREAS, the VILLAGE has adopted a recapture agreement which was
recorded as Document No. R95-060994 in the office of the Will County Recorder; and
WHEREAS, the VILLAGE, UNIT 1 OWNER, AND DEVELOPER desire to
amend said recapture agreement to accurately identify the certified construction cost and
the outstanding recapture obligation due from benefiting properties; and
WHEREAS, the VILLAGE, UNIT 1 OWNER, AND DEVELOPER desire to
amend said recapture agreement to accurately identify the party entitled to recapture
which is the DEVELOPER; and
WHEREAS, the VILLAGE, UNIT 1 OWNER, AND DEVELOPER desire to
amend said recapture agreement to extend the duration of the recapture term to provide
DEVELOPER an opportunity to recover its expenditure in designing, engineering, and
constructing the IMPROVEMENTS which benefit the entire VILLAGE and the
BENEFITED PROPERTY; and
WHEREAS, the VILLAGE, UNIT 1 OWNER, AND DEVELOPER desire to
amend said recapture agreement to release the Hintzsche Farmstead, legally described in
Exhibit"B" from any and all recapture obligation to DEVELOPER.
NOW, THEREFORE, in consideration of the mutual promises and agreements set
forth herein, the parties hereto agree 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.
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SECTION 2
The cost of the IMPROVEMENTS, as described in Exhibit "B", attached hereto and
made a part hereof, have been certified in the sum of Three Hundred Seventy Thousand,
Nine Hundred Sixty-Nine Dollars ($370,969.00). The DEVELOPER shall be entitled to
recapture fifty percent (50%) of those costs constituting the IMPROVEMENTS in the
amount of One Hundred Eighty-Five Thousand, Four Hundred Eighty-Four Dollars
($185,484.00) from the BENEFITING PROPERTY as described in Exhibit "B". The
VILLAGE has accepted the IMPROVEMENTS and the DEVELOPER has provided the
VILLAGE with certified costs for said IMPROVEMENTS.
SECTION 3
The VILLAGE agrees to assist the DEVELOPER in collecting said sum of$185,484.00
from the BENEFITING PROPERTY, including requiring said payment as a condition of
any annexation, final plat of subdivision or issuance of any building permits, whichever
occurs first, as to the BENEFITING PROPERTY.
SECTION 4
The payment set forth in the preceding paragraph, plus any applicable interest, when
collected by the VILLAGE, shall be promptly paid to the DEVELOPER as soon as
practical after the first (1st) day of the month following the month of the receipt of such
payments but, in any event, no later than the thirtieth (30th) day of the month following
the month of this receipt.
SECTION 5
The term of this Agreement shall remain in full force and effect until the earlier of the
following occurs: (i) such time as the DEVELOPER has been fully reimbursed for that
portion of the reimbursement attributable to the BENEFITING PROPERTY as herein
provided; or(ii) August 31, 2023, which is 20 years from the date the IMPROVEMENTS
were completed and accepted by the VILLAGE.
SECTION 6
Interest at the rate of seven percent (7%) per annum will be charged on any unpaid
amounts beginning two years after the completion and acceptance of the
IMPROVEMENTS and continuing until August 31, 2013. From September 1, 2013 to
the expiration of this agreement, no additional interest shall accrue. The total amount of
interest accumulated shall not exceed one hundred and three thousand dollars eight
hundred seventy one dollars and four cents ($103,871.04). Interest will be assessed on a
pro-rata basis to each of the BENEFITED PROPERTIES. The Village shall collect both
the interest accumulated payable to Developer and an administrative fee shall be charged
at the rate of two percent (2%) of the total recapturable amount payable to the VILLAGE
to cover administrative costs of the recapture agreement.
SECTION 7
The Village shall not be obligated to make any payments to the DEVELOPER unless said
recapture funds are actually received from the BENEFITING PROPERTY. The
DEVELOPER shall bear all costs of enforcing or defending the implementation of this
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Agreement and shall hold the Village harmless and pay on behalf of the Village and its
officers any damages assessed to them as a result of the entry into or enforcement of this
AGREEMENT.
SECTION 8
The VILLAGE shall make efforts to forward any recapture payment amounts as set forth
herein, but shall not be obligated to bring any suit to enforce the collection of same, nor
shall the VILLAGE or any of its officials be liable to the DEVELOPER or its successors
or assigns in any manner for failure to make such collections.
SECTION 9
Any modifications to the VILLAGE'S standard recapture agreement provisions are set
forth in Exhibit D. The DEVELOPER and VILLAGE agree that should any conflicts
between Exhibit D and the text of this AGREEMENT exist, the provisions of the text
shall supersede those of Exhibit D.
SECTION 10
Any notice to be given or served hereunder or under any document or instrument
executed pursuant hereto shall be in writing and shall be: (i) delivered personally, with
receipt requested therefore; or (ii) sent by telecopy facsimile; or (iii) sent by a recognized
overnight courier service; or (iv) delivered by United States registered or certified mail,
return receipt requested, postage prepaid. All notices shall be addressed to the parties at
their respective addresses set forth below, and the same shall be effective:
a) upon receipt or refusal if delivered personally or by telecopy facsimile;
b) one (1) business day after depositing such with an overnight courier service;
or
c) two (2)business days after the deposit in the mail, if mailed.
A party may change its address for receipt notices by service of a notice of such change
in accordance herewith. All notices by telecopy facsimile shall be subsequently
confirmed by U.S. certified or registered mail.
If to the VILLAGE: Village Clerk
Village of Plainfield
24401 W. Lockport Street
Plainfield, IL 60544
If to DEVELOPER: Gerald Dill
Beechen&Dill Builders Inc.
7512 County Line Road
Burr Ridge, IL. 60521
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With a Copy To: Vincent M. Rosanova, Esq.
Dom_mermuth, Brestal, Cobine & West,Ltd.
123 Water St.
Naperville, IL 60540
SECTION 11
If any provision, clause, word or designation of this Agreement is held to be invalid by
any court of competent jurisdiction, such provision, clause, word or designation shall be
deemed to be excised from this Agreement and the invalidity thereof shall not affect any
other provision, clause, word or designation contained herein. Notwithstanding the
foregoing, if a court of competent jurisdiction determines by final order that the amount
of the fees or interest payable hereunder exceeds the amount that may be recaptured by
the DEVELOPER under currently existing laws, then such amount shall be automatically
reduced to such amount as the court then determines would conform to such requirements
of law so that the provision establishing the fees and interest payable maybe given force
and effect. The parties agree all actions instituted to enforce this Agreement shall be
commenced and heard in the Circuit Court of Will County, Illinois, and hereby waive
venue in any other court of competent jurisdiction.
APPROVED THIS 11 DAY OF -Dec , 20b7.
[SIGNATURE PAGES TO FOLLOW]
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VILLAGE OF PLAINFIELD
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LLAGE PRESIDENT
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ATTEST:
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F ace /.2„ag_.
VILLAGE CLERK
Subscribed and sworn to before me
this /7 day of bEC e vibe✓ , 20 07. OFFICIAL SEAL
DARCY A REED
NOTARY PUBLIC-STATE OF ILLINOIS
MY COMMISSION EXPIRES:09125112
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NOTARY BLIC
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EXHIBIT A
LEGAL DESCRIPTION OF PROPERTY BEING
DEVELOPED WITH OFFSITE IMPROVEMENTS
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LEGAL DESCRIPTION OF THE ACTUAL
SPANGL 'S FARM SUBDIVISL
THE SOUTH 60 RODS OF THE SOUTHEAST QUARTER OF SECTION 16 , TOWNSHIP
36 NORTH, RANGE 9 EAST OF THE THIRD PRINCIPAL MERIDIAN, EXCEPTING
THEREFROM TAE WEST 451.97 FEET OF THE EAST 2029 FEET OF THE SOUTH
241 FEET OF SAID SOUTHEAST QUARTER; ALSO EXCEPTING THEREFROM THE
SOUTH 400 FEET OF THE EAST 1060 FEET OF SAID SOUTHEAST QUARTER;
ALSO EXCEPTING THEREFROM THE EAST 50D FEET OF THE NORTH 590 FEET OF
THE SOU'G'H 60 RODS OF SAID SOUTHEAST QUARTER, ALL IN WILL COUNTY,
ILLINOIS.
920259\legals
PIN 03-16-400-013 (Partial Divided)
Updated 2/6/08
EXHIBIT B
DESCRIPTION OF BENEFIT AREA& ESTIlVIATED COST
06-03-16-400-008: Hintzsche, Robert & Shirley, 24248 W. Renwick Road,
Plainfield, Illinois 60544
06-03-21-200-009: Firstar Bank Illinois TR 7-2199, 104 North Oak Park
Avenue, Oak Park, Illinois 60301
06-03-21-200-008: George R. Waite Rev Lvg Tr & Norma L. Waite Rev Lvg
Tr, 1850 Plainfield-Naperville Road, Plainfield, Illinois 60544
LEGAL DESCRIPTION(S):
f9
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LEGAL DESCRIPTION OF THE HINTZSCHE FARMSTEAQ
THE WEST 451. 87 Fth'1' OF TRF EAST 2029 FEET OF THE SOUTH 241 FEET OF
Th. SOUTHEAST QUARTER OF S ,CTION 16 , TOWNSHIP 36 NORTH, RANGE 9
EAST OF fliE THIRD PRINCIPAL MERIDIAN, PLAINFIELD TOWNSHIP, WILL
COUNTY, ILLINOIS.
PIN 03-16-400-008
11
LEGAL DESCRIPTION OF THE LARGE UNSUBDIVI1)ED PARCEL WHICH
LIES TO THE SOUTH OF RENWICK ROAD
THE NORTH 1198.95 FEET OF THE NORTHEAST QUARTER OF SECTION 21, AS
MEASURED ALONG A LINE THAT IS PERPENDICULAR TO THE NORTH LINE_ OF
THE NORTHEAST QUART4R OF SECTION 21, _TOWNSHIP 36 NORTH, RANGE 9
EAST OF THE THIRD PRINCIPAi• MERIDIAN, EXCEPTING THE NORTH 200.00
FEET OF THE WEST 392.00 FEET THEREOF, IN WILL COUNTY, ILLINOIS AND
CONTAINING 71 ACRES, MORE OR LESS. _
PLN 03-21-200-009
Parcel 5
LEGAL DESCRIPTION OF SMALT. t�NstYBDIVIDEP PPRCEL
'am NORTH 200 FEET OF 'i'HE WEST 392 FEET OF THE NORTHEAST QUARTER OF
SECTION 21, TOWNSHIP 36 NORTH, RANGE 9 EAST OF THE THIRD PRINCIPAL
MERIDIAN, IN WILL COUNTY, ILLINOIS AND CONTAINING. 1. 80 ACRES, MORE
-OR LESS.
PIN 03-21-200-008
fi
Prepared by: Exhibit B Updated:December 13,2007
Village of Plainfield Spangler Farm/Renwick Road Recapture
Community Dev't Dept
Cost Allocation
Cost Amount
Parcel (PIN) Parcel Description Allocation Subject to Notes
Recapture
Cost for improvements on
north half of Renwick
06-03-16-400-013 Spangler Farm Subdivision $ 143,194 $ _ adjacent to Spangler Farm
were addressed via separate
sales contract between
Owner and Developer.
Developer agrees to forego
recapture from Hintzsche
Farmstead due to separate
06-03-16-400-008 Hintzsche Farmstead $ 42,290 $ - sales contract and in
consideration of consent of
recapture distribution being
allocated to the Developer.
Fair share cost based on
06-03-21-200-008 Small Unsubdivided Parcel $ 18,548 $ 18,548 parcel frontage along
Renwick road.
Fair share cost based on
06-03-21-200-009 Large Unsubdivided Parcel $ 166,936 $ 166,936 parcel frontage along
Renwick road.
Totals: $ 370,968 $ 185,484
13
Updated 2/6/08
EXHIBIT C
MAP OF BENEFIT AREA
111
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VILLAGE OF PLAINFIELD, ILLINOIS
SPANGLER FARM -RENWICK ROAD RECAPTURE
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EXHIBIT D
AMENDMENTS TO AGREEMENT
NONE
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