HomeMy WebLinkAboutRESOLUTION - 41-12 - 9/25/2012 - RIGHTS OF REVERSION - KENNETH YOUNGRESOLUTION NO. 41-12
A RESOLUTION WAIVING ANY RIGHTS OF REVERSION TO CERTAIN REAL
PROPERTY ON BEHALF OF THE VILLAGE OF ELK GROVE VILLAGE
WHEREAS, the Village of Elk Grove Village conveyed certain real property located in
Cook County, Illinois to Elk Grove Township by way of a Quit Claim Deed registered as
Document LR 3031378, which instrument contains a provision for forfeiture or reversion of title
in favor of the Village of Elk Grove Village in case of breach of condition, all as set forth in and
legally described by Exhibit "A" attached hereto, (the "Reversionary Interest'); and
WHEREAS, the Reversionary Interest was subsequently amended as set forth in that
certain Amendment To Condition Of Record registered as Document LR 3144809, as set forth in
Exhibit "B", attached hereto; and
WHEREAS, the legal description for the real property subject to the Revisionary Interest
has been confirmed by Chicago Title Insurance Company as set forth in Exhibit "C" attached
hereto; and
WHEREAS, the Mayor and Board of Trustees have determined that it is in the best
interests of the Village of Elk Grove Village to waive, relinquish and forfeit all rights in and to
the Reversionary Interest as herein described by the passage and approval of this Resolution.
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the
Village of Elk Grove Village, Cook and DuPage Counties, Illinois, as follows:
Section 1: That upon passage and approval of this Resolution, the Village of Elk Grove
Village hereby waives, relinquishes and forfeits all rights in and to the Reversionary Interest as
herein described and set forth
Section 2: That the Mayor and the Village Clerk are hereby authorized to execute such
other documents as are necessary to effectuate the terms of this Resolution, and the waiver of the
Reversionary Interest as set forth herein.
Section 3: That a copy of this Resolution is to be recorded with the Cook County
Recorder of Deeds upon its passage and approval.
Section 4: That all Resolutions in conflict with the provisions hereof are hereby
repealed.
Section 5: That this Resolution 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 25`h day of September 2012.
APPROVED this 25th day of September 2012.
ATTEST:
Judith M. Keellan, Village Clerk
Resolm ion KomelhYoum_,
APPROVED:
Mavor Craia B. Johnson
Village of Elk Grove Village
7
09/18/2012 13:49 FAX 18474895029 WILLIAM PAYNE ATTY Z004
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STATR OF ILLINOIS58
) �"
COUNTY OF O O Il
QUIT CIA.114 DELD
Ttdr" GILCNTOT,, rhe Village of Llk Grove Vi' agc, a NUniuipa7.
Corroraf•Lon cr?ated and exi.et.i.ng ander and by �trtue of the laws
of the dt,,,te .. lalinoie, for the conalderation of Ten (S1tl. 00)
al,lars, ?,n hand paid, 'nd pu.rauant to authority g.ivc» by the
R.nrd qv Arneteep of aai,! Villaq! CONVEYS and Q'IST CLAIMS Unto
Elk Grove 'TOWllehip, a Municypnl, Cocpnration, created „»d oxiaLing
under and by vi.rtuw of the laws of the State of .17.1. ,i,nu'u; hnVing
Its prxnclpal office iu the viliago of Fsd,k Grove, Counf.�, of Cook
and a,._to of Illinois all interest in the followi.ng described
AGal Estate situated in the County of Cook and State of 1;3.1ino Ls,
td.wit: u,
0
.TEat, part of the Southwoat Quarter of Section 1, Township
CJ
41 north, Range 11, .]Cant of the Third F.rineip:,l B:uridian,,
deacritied as Eolltiws; Beciinning at the Intersection of the
Fast .li.nG of Route .53 .and a line 50.9 Teat Northeasterly
(maasuf:ed"at right.aLlglee) of avid parallel with theta-
cc
eaW Orly extension of! the. center 'line of.; Nerge Read ;'µ�henee
:Jo:.`tlieY.ly along the traet lino of Route53aforesaid, 317.87
i.r.ot: Thence F,asterly at right angles thereto 231.50 feat;
Thence souolerly parallel with the'Eaat like of 'Routa 53
,aforesaid 434:79 feet to the aforesaid line:of 50.0 feet North-
easterly of the Southeasterly extension of the center line
of:Nerge Road; Thence Northwoptorly along said 50.0 foot
line 259.33 f th paint of beQ'n tng, cQQk Cranty;
♦ ,y.. CA4 jttl 1�G[. Nf. 3.i� ,$Ain /•✓i'R"/2SE
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/^ N , Tv! CfF T�-( P;,l)l ,i[ -I Lin:• O,r (1
6"u o the to7.1'gwy COVGnant 'eon %loon ah`c� �jtt o£
1
3ac� ng and .
..:version:
This conveyance is subject to the covenant and condition that
said real estate shall be used primarily as a mental health'
center to provide care, services, programs and facilities .to
persons needing mental heath treatment,' including the r,�ntally. .
retarded .and for tho addicted to alcohol.. or drugs and inciden-'
tally'used for'other coniidunity health. programs and services,:
3n the event',any breach of the covenant and.conditlon pz.vv.dad above
shall loccur the%Grantor, Village of Elk Grove Village shall.)haye tha right'',
to cause title to said real estate to REVERTTO Tim, VILLAGE'OF�'ELK . GRb:
VILLAGE IN THE FOLLOWING MANNER!
a) 'The ;VilleAge'Cld%'k shall, by certified mail, to the Clerk of the
Elk GLOVe Townahip,'give nDtice' that: *said 'Covenant and 'condition,
has been breached.
b) That if such breach has not beancured wiitbin' ninety (90)' days
from the receipt of said notice the Village Clerk shall register.
a Declaration of Brmnch of Covenant with the Registrar of
Titles of Cook County, Illinois..
c) That upon the registration of such Reclaration title to the
realty shall revert to the ViS.lage'of 2:1k Grove' Village.,
I
i
IN.WITNDSS..:0HEREOF 'said GFai]top e 4,.$e caused 1ta,:cOrp kith s9a1 tq'� IJ
be heketo affixo8 I4nd has caused ;'.,,ala name: -to be signed to these ;
1A" A
.' 'EXhlblt A' I ",
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09/18/2012 13:44 FAX 18474835029 WILLIAM PAYNE ATrY
presents by its village presj&ent, and e:i:estL4 13Y its village Clerk,' r--isow 0�ly Q17 1976.
p.
BY_
(corporato -Cal) Charl.aS J. U
V.illagc Prf tirde
Eleanor. G. Turif
fe V i� _aq 67 _C re _rk
STATE OF ILLINDIL
ss
COUNTY or C 0 0 x
Q4
Tate
�j the undersigned, a,Notary Public, in and :ox tlie County and St
'iforesafd, DO HBYmUy E;
cWllFY that Cbarle5 A. Zettvlr personally known C.;
,
to:;me t,ba I the; V'Jllage Prasideifit of tbg VJ,llaqe of Elk Grove __j
Village Turner p.er6onally known to me to be the Village
C., -k-k , of said village and personally. known to me to be the game persons
Whose naftlea;, are:subscxjbad to Ehn fograiniog, instrument, appeared before
me this diV,:dn'parson and savejgl'jV. Aakndi43_sdged that as such Village
President dnd �Vlllqga Clark of o�llaye..j5f Elk Grove Village they
signed "d-aelivareo �ff.J4 Vjhs said �64txmefit;txg Village President and
Village Clerk of I said. village of Slk Ordve• Village and caused the
60rpordbeal :of 'said Corporation
to ho - ffixed thereto —'scant
to sUtnority, giian:j Board
IgRksss of Trustees of:aaid "ge 013
NOT A , PU , AL SEAL . . their free and,,joluntary act,
and as the free sand. veli
act arid',.'daad. of said..coi
tion, for the uses and I
therein set forth..
yend hand and official seal, this
, ar�.Uly
1976.
C6Tt;mi..!6fi ex"p ' 8A941
t 5W. J4
ire &MW
prepared 6y,Norman Samel -nev at:Law, 7$(
Documon E P� son, AttOX
1�an street;Des Plaines; Illinois 60016 Talepfione:, .312-827-
2
Address of Property
e �Zl4z !Af
Grantees AddreSS.
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09/18/2012 13:45 FAX 18474835029
WILLIAM PAYNE ATTY
i ^^
TATE of TLLINOES
SS.
„�V
I OUNTV OF 0 0 0 K I
AMEVt*2NT TO 470�113,; :NT 0" RSCORO
4\,1
WHEREAS, the Deed recorded as DOcumant 1LR1031378 restrict,-
�i
ing the use of land to certain pueposes relating to Mental
I
Health Treatment contained a pr::viso for f-rFol Lure or rove, -
Sion Of title in Cd6E Of btedCll Of said COV elftllt; and
WHEREAS, the undersigned was the Grantor; And
r
WHEREAS, it is the intent of the undersigned to omend
-
the covenant for the purposes of Cacilitxting a mortgage on
it
11it
said property.
TNEREFOHE, for and in consideration of Tea 010.00) Dollars,
and other good and valuable consideration, the recipe thereof
is hereby aeknowladged, such covenant is amended in such a �1a
manner as not to be effective so far as the mortgage conveying
�r7
the P.o17.owiny deReribed load is concerned: �
That part of the Southwest Quarter of Section 31, Township
41 North, Rnage 11, Fast of the Third prinoipal Meridian.
'
dnneribed as follows: Beginning at the Intersection of till.
Bast line of Route 53 and a line 5g.0 fent Northeasterly
(measured at right anglaa) 01 and parallel with the South-
easterly axtenaion of the center line of Nerge Reade thence
Northerly along the East: 1;ao of Route 53 aforesaid, 317.87
'
feed Thence Easterly at rlaht angles thereto 231-50 feet;
.�
Thence Southerly parallel with the Ease litre of Route 53
aforesaid 434.79 foot to the aforesaid line of 50.0 feet
`I
Northeasterly of the Southeasterly extension of the center
line of Nerga Road; Thence Northwesterly along said 50,0
�+
foot line 259.35 feet to the Folnt of beginning, Cook County,
Illinois.
Subject to the following covenant and condition and right
of "version:
This conveyance is subject to the covenant and condition
that said real estate shall he used primarily as a mental health
•
center to provide care,, servlcrs, programs and facilities to
'
tal alth treatment, including the mcntAlly
persons needing menhe
retarded and for those addicted to alcohol or drugs and inoideh-
tally used for other community health programs and services,
i
VILLAGE OF ELK, GROVk
111i.:
By:
'vTtIage
vi l7leif:TJ�zi
r ,gy
09/18/2012 13:45 FAX 18474835029
WILLIAM PAYNE ATTY
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09/18/2012 19:46 FAX 18474335029 WILLIAM PAYNE ATTY Idj008
CHICAGO TITLE INSURANCE COMPANY
COMMITMENT FOR TITLE INSURANCE
SCHEDULE A (CONTINUED)
ORDER NO.: 1409 008879202 NSC
THE LAND REFERRED TO IN THIS COMMITMENT IS DESCRIBED AS FOLLOWS:
THAT PART OF THE SOUTHWEST 1/4 OF SECTION 31, TOWNSHIP 41 NORTH, RANGE 11 EAST,
OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS, DESCRIBED AS FOLLOWS:
BFGINNING AT THE INTERSECTION OF THE EAST LINE OF ROUTE 53 (AS PER DOCUMENT
NUMBER 11069335) AND A LINE 50.0 FEET NORTHEASTERLY (MEASURED AT RIGHT ANGLES) OF
AND PARALLEL WITH THE SOUTHEASTERLY EXTENSION OF THE CENTER LINE OF NERGE ROAD
(SAID INTERSECTION POINT BEING 1323.03 FEET, AS MEASURED ALONG THE EAST LINE OF
ROUTE 53, NORTH OF THE SOUTH LINE OF THE SOUTHWEST 1/4 OF SECTION 31 AFORESAID);
THENCE NORTHERLY ALONG THE EAST LINE OF ROUTE 53 AFORESAID, 317.87 FEET; THENCE
EASTERLY AT RIGHT ANGLES THERETO, 231.50 FEET; THENCE SOUTHERLY PARALLEL WITH THE
EAST LINE OF ROUTE 53 AFORESAID, 434.79 FEET TO THE AFORESAID LINE 50.0 FEET
NORTHEASTERLY OF THE SOUTHEASTERLY EXTENSION OF THE CENTER LINE OF NERGE ROAD;
THENCE NORTHWESTERLY ALONG SAID 50.0 LINE, 259.35 FEET TO THE POINT OF BEGINNING,
PERM TAX# 08-31-400-033-0000 PCL 1 OF 1 VOLUME 50
XHISIT
Page I ®f
Copyright American Land Title Association. All rights recervad. The nee of this Form Is restricted to ALTA licenseas and ALTA members
in good Standing as of the date of use. All 01her uses are prohibited_ Reprinted andorllcense (Yom the AmerfO n Land rtle Assocfaii0n.
COmLCOG 3/11 ML AL1 PACEAZ BJ 08/31/11 11:14:43