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HomeMy WebLinkAboutORDINANCE - 1846 - 10/14/1986 - RECAPTURE OF FUNDSORDINANCE NO. 1846 AN ORDINANCE AMENDING ORDINANCE N'0. 1750 BY PROVIDING FOR THE RECAPTURE OF FUNDS EXPENDED BY THE VILLAGE OF ELK GROVE VILLAGE FOR EXTENSION OF WATER AND SEWER UTILITY AS REQUIRED BY ORDINANCE NOS. 1052 AND 1053 (LOCAL 512 REALTY CORP.) WHEREAS, the Village of Elk Grove Village pursuant to Ordinance No. 1750 has annexed certain property to the Village of Elk Grove Village; and WHEREAS, upon annexation the property herein is subject to the conditions that the owner comply with Recapture Ordinance Nos. 1052 and 1053. NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and Du Page, Illinois as follows: Section 1: That Section 6, of Ordinance No. 1750 be and the same is hereby amended by adding thereto the following: "That the Owner comply with Ordinance Nos. 1052 and 1053 which supersedes Ordinance No. 878", which Ordinance requires a payment of One Thousand Ten ($1,010.00) Dollars for each acre or a pro -rata amount for a portion of an acre as repayment for the Village's extension of the water utility system; and a payment of Seven Hundred Sixty-five ($765.00) Dollars for each acre or a pro -rata amount for a portion of an acre as repayment for the Village's extension of said sewer utility system. Section 2: That this Ordinance shall,be in full force and effect from and after its passage and approval according to law. VOTE: AYES: 5 NAYS: 0 ABSENT: 1 PASSED this 14th day of October 1986. APPROVED this 14th day of October , 1986. Charlaes J. Zettek ViT age President ATTEST: Patricia S. Smith_ Village C erk