HomeMy WebLinkAboutRESOLUTION - 40-88 - 6/14/1988 - STATEMENT OF COMMITMENT/SIDEWALKRESOLUTION NO. 40-88
A RESOLUTION APPROVING A STATEMENT OF COMMITMENT
TO INSTALL PUBLIC SIDEWALKS BETWEEN THE VILLAGE
OF ELK GROVE VILLAGE AND AMERICAN NATIONAL BANK
AND TRUST COMPANY OF CHICAGO (2121 LANDMEIER ROAD)
NOW, THEREFORE, BE IT RESOLVED by the President and Board of
Trustees of the Village of Elk Grove Village, Counties of Cook and
DuPage, State of Illinois:
Section 1: That the Village of Elk Grove Village does hereby
accept the attached document marked:
"Statement of Commitment to Install
Public Sidewalks"
a copy of which is attached hereto and made of part hereof as
if fully set forth.
Section 2: That this Resolution shall be in full force and
effect from and after its passage approval according to law.
PASSED
this
14th
day
of
June
f988.
APPROVED
this
14th
day
of _
_ June
198 8.
Charles J. Zettek
Village President
ATTEST:
Patricia S. Smith
Village Clerk
01871
04-14-88
STATEMENT OF COMMITMENT TO
CONSTRUCT PUBLIC SIDEWALK
American National Bank and Trust Company of Chicago, not
personally but solely as trustee of a Trust Agreement dated
August 30, 1967, and known as Trust No. 25391 (the "Trustee"),
states that it is the legal owner of the real estate described
in Exhibit A attached hereto. The Trustee agrees to construct
a public sidewalk within the public right-of-way along the
Landmeier Road frontage of the above-described property in the
Village of Elk Grove Village, Illinois, promptly upon receiving
notice from said Village that it is requiring the Trustee and
the owners of adjacent properties fronting Landmeier Road to
construct such sidewalks. The Trustee further agrees to
construct such culverts transversing across and beneath said
sidewalk as may be necessary to restore the free flow of storm
waters interrupted by the construction of said sidewalk and
agrees to secure all necessary permits for such construction.
Should the Village of Elk Grove award a contract for said
sidewalk construction, the Trustee agrees to pay its pro rata
share of the cost.
If the property described in Exhibit A is to be
transferred prior to the construction of a public sidewalk, the
Trustee agrees to require the new owner to execute a statement
of commitment to install public sidewalk similar in form to
this instrument prior to the transfer of ownership.
The Trustee understands that this instrument will be
recorded in the County Clerk's office by the Village of Elk
Grove Village and the cost thereof is to be the responsibility
of the Trustee.
Property Address:
2121 Landmeier Road
Address of Owner:
c/o Lopin Investment Group
4001 West Devon
Suite 404
Chicago, Illinois 60646
AMERICAN NATIONAL BANK AND TRUST
C0MPANY--1&F,CHICAGO, not personally
s
but as Trua as aforesaid
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EXHIBIT A
Lots 147 to 179 both inclusive in Centex
Industrial Park Unit No. 13 being a subdivision
of Section 26, Township 41 North, Range 11, East
of the Third Principal Meridian, in Cook County,
Illinois