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ORDINANCE NO. 2487 <br />AN ORDINANCE VACATING A PORTION OF ORDINANCE NO. 2374 <br />DESIGNATING A BLIGHTED AREA <br />WHEREAS, the Village of Elk Grove Village is a Home Rule Unit <br />of local government pursuant to the provisions of Article III, Sec- <br />tion 6 of the Illinois Constitution; and <br />WHEREAS, the Village pursuant to Ordinance No. 2374 has de- <br />clared the Grove Mall Shopping Center to be a blight area as de- <br />fined in Section 8-13-1 et seg. of the Village Code; and <br />WHEREAS, in order to abate the existing blight it is deemed <br />advisable and necessary to acquire the Grove Mall Shopping Center <br />and vacate that portion of Ordinance No. 2374 which designates as <br />blighted that property commonly referred to as the Burger King par- <br />cel which is legally described on Exhibit A attached hereto and <br />made a part hereof; and <br />WHEREAS, the Village attorneys have reported to the Village <br />that they have negotiated a settlement in the condemnation proceed- <br />ing which provides, in part, that the Village shall vacate that <br />portion of Ordinance No. 2374 which designates the Burger King par- <br />cel as blighted. <br />NOW, THEREFORE, BE IT ORDAINED by the President and Board of <br />Trustees of the Village of Elk Grove Village, Counties of Cook and <br />DuPage, Illinois as follows: <br />Section 1: That under the authority vested in the Corporate <br />Authorities of the Village Code and the Home Rule powers and other <br />