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HomeMy WebLinkAboutORDINANCE - 1849 - 10/28/1986 - CONTRACT PURCHASER TO PAY CERTAIN FEESORDINANCE NO. 1849 AN ORDINANCE AMENDING ORDINANCE NO. 1820 TO PROVIDE A DATE CERTAIN FOR THE CONTRACT PURCHASER TO PAY CERTAIN FEES TO THE VILLAGE OF ELK GROVE VILLAGE AS ESTABLISHED BY ORDINANCE NO. 1820 (THE DOMINIUM GROUP) WHEREAS, on July 9, 1986 the President and Board of Trustees voted to annex certain property into the Village of Elk Grove Village by adopting Annexation Ordinance No. 1820; and WHEREAS, certain conditions were incorporated into Ordinance 1820 requiring the Owner to make payment to the Village (of Elk Grove Village) an amount of 10% of the purchase price of the property in lieu of the 10% land donation requirement of the Village; and payment to the Village Municipal Purpose Fund an amount of Three Thousand Five Hundred Twenty-five ($3,525.00) Dollars. 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 Ordinance No. 1820 duly passed and approved on the 9th day of July, 1986, be and the same is hereby amended to read as follows: Section 7 - That this Ordinance shall be in full force and effect from and after its passage, approval and publication according to law, provided the Owner pays to the Village the sum of Three Thousand Five Hundred Twenty-five ($3,525.00) for the Municipal Purpose Fund on or before November 14, 1986 and an amount of 10% of the purchase price of the property in lieu of the 10% land donation, which is due upon closing on the property but in no event shall payment be later than May 1, 1987, pursuant to the Ordinances of the Village for the annexation of property. Should the owner fail to pay the above fees by the dates certain then the Special Use granted by Ordinance No. 1821 shall be deemed null and void. Section 2: That this Ordinance shall be in full force and effect from and after its passage and approval according to law. VOTE: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this 28th day of October, 1986. APPROVED this 28th day of October, 1986. Charles J. Zettek Village President ATTEST: Patricia S. Smith Village Clerk