HomeMy WebLinkAboutORDINANCE - 878 - 8/14/1973 - RECAPTURE OF FUNDSORDINANCE NO. 878
AN ORDINANCE PROVIDING FOR THE RECAPTURE OF FUNDS EXPENDED BY THE
VILLAGE OF ELK GROVE VILLAGE FOR EXTENSION OF WATER AND SEWER UTILITIES
WHEREAS, the Village of Elk Grove Village has heretofore determined that
the best interests of the Village required that its water and sewer utilities
be extended so as to provide for future connection thereto; and
WHEREAS, the President and Board of Trustees of the Village hereby deter-
mine that the cost of said extensions should be recaptured when and if certain
properties, generally described hereafter, which would benefit by said extensions
subsequently annexed to the Village;
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 should any of the property located within an area bounded
on the west by Salt Creek, on the east by the existing Village limit (which is
approximately 560 feet west of Tonne Road at that point) on the south by Devon
Avenue and on the north by a line approximately 620 feet north of Devon Avenue,
subsequently annex to the Village of Elk Grove Village the owners of said
property shall pay to the Village the sum of Five hundred and Fifty dollars
($550.00) for each acre, or a pro -rata amount for a portion of an acre, as
repayment for the Village's extension of said utilities systems.
Section 2. That the payment provision provided above shall be made on
or before the adoption of any ordinances annexing all or any portion of the
property generally described above.
Section 3. That the requirements contained herein shall be in addition to
any and all other conditions of annexation required by applicable statutes, laws
and ordinances.
Section 4. That this ordinance shall be in full force and effect from
and after its passage and approval according to law.
PASSED this _
14th
day
of
August 1973.
APPROVED this
14th
day
of
August 1973.
Vote: AYES_ 5
NAYS
ABSENT_I
ATTEST:
Eleanor _G._Turner
�Villagt_Clerk
Charles J. Zettek
Village President