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ANNEXATION AGREEMENT <br />THIS AGREEMENT made and entered into this 2,1'—of <br />1975, by and between the VILLAGE OF ELK GROVE <br />VILLAGE, a Municipal Corporation, Cook and DuPage Counties, <br />Illinois, hereinafter referred to as "the Village" and LASALLE <br />NATIONAL BANK, not personally or individually, but as Trustee <br />under Trust Agreement dated January 26, 1973 and known as Trust <br />No. 45667, hereinafter referred to as the "Owner". <br />WHEREAS, the Owner is desirous and has petitioned to annex <br />to the Village of Vlk Grove Village 7.23 acres, which property <br />lies north on Lee Road and is contiguous to the Village and in <br />all respects eligible for annexation to the Village; and, <br />WHEREAS, said property has access to Lee Street by way of <br />a 60 -foot easement, and there is no other ingress or egress to the <br />property; and, <br />WHEREAS, Owner contemplates the improvement of the property <br />with a single building for office and/or industrial use and Owner <br />does not presently desire to subdivide said property; and, <br />WHEREAS, there is a sanitary sewer line and a water main <br />in Lee Road; and, <br />WHEREAS, the Village is amenable to granting the Owner's <br />Annexation Petition and to permit said property to be improved <br />by Owner with a single building for office and/or industrial <br />use and to waive the requirement of a publicly dedicated right <br />of way in this instance only. <br />NOW, THEREFORE, for and in consideration of the mutual pro- <br />mises and agreements herein contained, the parties agree as follows: <br />