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ORDINANCE NO. 786 <br />AN ORDINANCE AUTHORIZING THE VILLAGE PRESIDENT <br />AND THE VILLAGE CLERK TO TRANSACT A LEASE <br />AGREEMENT WITH THE ELK CROVE BOYS FOOTBALL, INC. <br />WHEREAS, the Elk Grove Boys Football, Inc. is a not-for-profit <br />corpora Cion; and <br />WHEREAS, said not-for-profit corporation conducts a football <br />program of games and practices for those boys who reside in and around <br />the Village of. Elk Grove Village; and <br />WHEREAS, said not-for-profit corporation is interested in leasing <br />an area of land to conduct their football program; and <br />WHEREAS, the Village of Elk Grove Village is the owner of vacant <br />property, legally described as follows: <br />The southerly 270.00 feet of the northerly 788.00 feet of the north <br />951.83 feet as measured along the west line of the southwest <br />quarter of the northeast quarter of Section 32, Township 41 North, <br />Range 11 (excepting therefrom the East 810.00 feet, as measured <br />along the north line). <br />also <br />That part of the Southeast quarter of the Northwest quarter lying <br />east of the east line of Wellington Avenue as dedicated in Elk <br />Grove Village, Section 15, being a subdivision in Section 32, <br />Township 41 North, Range 11, East of the Third Principal Meridian, <br />all in Cook County, Illinois, <br />for which they have no present need and have no present expectation of <br />future need within the next five years; and <br />WHEREAS, the Village of Elk Grove Village is interested in <br />assisting endeavors designed to benefit the youth residing within the <br />community; and <br />WHEREAS, it is mutually desirable to arrange a lease agreement <br />between the Village of Elk Grove Village and the Ell; Grove Boys Football, <br />Inc. <br />NOW, THEREFORE, BE IT ORDAINED, by the President and Board of <br />