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HomeMy WebLinkAboutORDINANCE - 1735 - 7/23/1985 - CRANE-FORESTER EXTENSIONORDINANCE NO. 1735 AN ORDINANCE AMENDING ORDINANCE NO. 1700 PERTAINING TO THE ANNEXING AND GRANTING OF REZONING TO CRANE -FORESTER EXTENDING THE TIME IN WHICH THE CONTRACT PURCHASER TAKES TITLE TO THE SUBJECT PROPERTY OF THE ANNEXATION WHEREAS, on February 12, 1985 the President and Board of Trustees of the Village of Elk Grove Village adopted Ordinance No. 1700 annexing and rezoning the Crane -Forester property to the Village of Elk Grove Village; and WHEREAS, as a part of the conditions and terms of said Ordinance, the Contract Purchaser was to provide evidence to the Village that it has taken title to the subject property of the annexation within six (6) months of the date of the adoption of the Ordinance; and WHEREAS, the Contract Purchaser has advised the Village that certain hardships have existed so as to delay securing adequate financing to comply with the above stated conditions; and WHEREAS, the Village of Elk Grove Village has been asked by the Contract Purchaser to consider an amendment to the above stated Ordinance thereby extending the time for the Contract Purchaser to acquire title to the property. NOW, THEREFORE, BE IT ORDAINED, by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois as follows: Section 1. That Section 5 of Ordinance No. 1700 duly passed and approved on the 12th day of February, 1985 be and the same is hereby amended to read as follows: Section 5. That this Ordinance shall be in full force and effect from and after its passage, approval and publication according to law, provided the Contract Purchaser consumates the purchase of the subject property and takes title thereto and shows the Village evidence thereof. Should the Contract Purchaser fail to produce such evidence by October 12, 1985, then this Ordinance 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. VOTES: AYES: 4 NAYES: 0 ABSENT: 2 PASSED this 23rd day of 23rd , 1985. APPROVED this 23rd day of 23rd , 1985. Charles J. Zettek Village President ATTEST: Patricia S. Smith Village Clerk