HomeMy WebLinkAboutORDINANCE - 1052 - 4/13/1976 - RECAPTURE AGREEMENT DEVON AVEORDINANCE NO. 1052
AN ORDINANCE PROVIDING FOR THE RECAPTURE OF FUNDS
EXPENDED BY THE VILLAGE OF ELK GROVE VILLAGE FOR
EXTENSION OF WATER UTILITIES SUPPERCEDING ORDINANCE 878
WHEREAS, the Village of Elk Grove Village has heretofore determined that
the best interest of the Village required that its water utilities be extended
so as to provide for future connection thereto; and
WHEREAS, the President and Board of Trustees of the Village hereby determine
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 the VFW property (Lot 18 Lumpp's Subdivision), 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 408
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 One Thousand Ten
Dollars ($1,010.00) for each acre, or a pro -rata amount for a portion of an acre,
as repayment for the Village's extension of said utilities system.
Section 2: That should any of the property located within the area bounded
on the west by Salt Creek, on the east by the VFW property (Lot 18 Lumpp's
Subdivision), on the south by Devon Avenue and on the north by a line approximately
408 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 Six
Hundred Five Dollars ($605.00) for each acre, or a pro -rata amount for a portion
of an acre, as repayment for the Village's extension of said utilities system.
Section 3: 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 4: That the requirements contained herein shall be in addition to
any and all other conditions of annexation required by applicable statutes, laws
and ordinances and provisions of any Annexation Agreement hereinafter adopted.
Section 5: That this ordinance shall be in full force and effect from and
after its passage and approval according to law.
PASSED this
13th of
April
1976.
APPROVED this
13th of
April
1976.
VOTE: AYES
6 NAYS 0
ABSENT
0
r
ViIlage/Pres'dent
ATTEST:
1
Village Cb.lrlk