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HomeMy WebLinkAboutRESOLUTION - 26-04 - 5/25/2004 - ANNEX AGRMT/NATURAL GAS PIPELINERESOLUTION NO. 26-04 A RESOLUTION AUTHORIZING THE MAYOR AND VILLAGE CLERK TO EXECUTE AN AMENDMENT TO THE ANNEXATION AGREEMENT BETWEEN THE VILLAGE OF ELK GROVE VILLAGE AND NATURAL GAS PIPELINE COMPANY OF AMERICA PREVIOUSLY APPROVED PURSUANT TO RESOLUTION NO. 42-03, THEREBY EXTENDING THE TERM OF THE AGREEMENT FROM TEN (10) YEARS TO TWENTY (20) YEARS WHEREAS, the Mayor and Board of Trustees of the Village of Elk Grove Village, pursuant to Resolution No. 42-03 authorized the execution of an Annexation Agreement between the Village of Elk Grove Village and Natural Gas Pipeline Company of America, which Agreement had an original term of ten (10) years; and WHEREAS, on May 25, 2004, a Public Hearing was held by the Mayor and Board of Trustees to consider amending said Annexation Agreement to increase the term to twenty (20) years; and WHEREAS, the Mayor and Board of Trustees of the Village of Elk Grove Village find and believe it to be in the best interest of the Village that the Annexation Agreement be amended as above set forth. NOW, THEREFORE BE IT RESOLVED by the Mayor and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois as follows: Section 1: That the Mayor be and is hereby authorized to sign an amendment to the Annexation Agreement between the Village of Elk Grove Village and Natural Gas Pipeline Company of America, previously authorized pursuant to Resolution No. 42-03 and the Village Clerk is authorized to attest said document upon the signature of the Mayor, a copy of which Amendment is attached hereto and made a part hereof. Section 2: That this Resolution be in full force from and after its passage and approval according to law. VOTE. AYES: *5 NAYS: 0 ABSENT. **1 PASSED this 26' day of May 2004. APPROVED this 21P day of May 2004. APPROVED: Craig B. Johnson, Mayor ATTEST: Ann I. Walsh, Village Clerk * AYES: Trustees B. Dill, S. Lissner, J. Petri, C. Prochno, N. Czamik ABSENT: Trustee Feichter Resonaturalgas.doc i AN AMENDMENT TO THE ANNEXATION AGREEMENT BETWEEN THE VILLAGE OF ELK GROVE VILLAGE AND NATURAL GAS PIPELINE COMPANY OF AMERICA (NGPL) PREVIOUSLYAUTHORIZED PURSUANT TO RESOLTUION NO. 42-03 BY CHANGING THE TERM SET FORTH IN PARAGRAPH 11 (D) TERM FROM TEN (10) YEARS TO TWENTY (20) YEARS 11 (D) Term: This Agreement shall be binding upon the parties for a term of twenty (20) years from the date of the original Annexation Agreement; provided, however, that the Ordinance is adopted by the Village pursuant to Paragraphs 5 and 6 of this Agreement shall continue in force after the term of this Agreement. Natural Gas Pipeline Company of America President ATTEST: Village of Elk Grove Village Craig B. Johnson, Mayor ATTEST. Secretary Ann 1. Walsh, Village Clerk