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File #: 2008-0142    Version: Name: Main Place at Orland Park - Amendment to Development Agreement - Ordinance
Type: ORDINANCE Status: PASSED
File created: 2/28/2008 In control: Board of Trustees
On agenda: 3/3/2008 Final action: 3/3/2008
Title: ORDINANCE AUTHORIZING SECOND AMENDMENT TO DEVELOPMENT AGREEMENT BETWEEN VILLAGE OF ORLAND PARK, MAIN PLACE - ORLAND PARK ASSOCIATES, L.L.C. (MAIN PLACE AT ORLAND PARK A/K/A ORLAND CROSSING - NORTHEAST CORNER OF 143RD STREET AND LAGRANGE ROAD)
Attachments: 1. Development Agreement - READ DESCRIPTION - THIS WAS NEVER SIGNED

Title

ORDINANCE AUTHORIZING SECOND AMENDMENT TO DEVELOPMENT AGREEMENT BETWEEN VILLAGE OF ORLAND PARK, MAIN PLACE - ORLAND PARK ASSOCIATES, L.L.C. (MAIN PLACE AT ORLAND PARK A/K/A ORLAND CROSSING - NORTHEAST CORNER OF 143RD STREET AND LAGRANGE ROAD)

 

Body

WHEREAS, the Corporate Authorities of the Village of Orland Park, Cook and Will Counties, Illinois, did consider a Second Amendment to the Development Agreement for the development of certain property within the corporate limits of the Village of Orland Park, said Agreement being entitled "SECOND AMENDMENT TO DEVELOPMENT AGREEMENT  BETWEEN VILLAGE OF ORLAND PARK, MAIN PLACE - ORLAND PARK ASSOCIATES, L.L.C. (MAIN PLACE AT ORLAND PARK) - NORTHEAST CORNER OF 143RD STREET AND LAGRANGE ROAD), a true and correct copy of which is attached hereto and made a part hereof as EXHIBIT 1; AND

 

WHEREAS, the Corporate Authorities of the Village of Orland Park, Cook and Will Counties, Illinois, have determined that it is in the best interests of said Village of Orland Park that said Agreement be entered into by the Village of Orland Park;

 

NOW, THEREFORE, Be It Ordained by the President and Board of Trustees of the Village of Orland Park, Cook and Will Counties, Illinois, as follows:

 

 

SECTION 1

 

This President and Board of Trustees of the Village of Orland Park hereby find that it is in the best interests of the Village of Orland Park and its residents that the aforesaid " AMENDMENT TO DEVELOPMENT AGREEMENT  BETWEEN VILLAGE OF ORLAND PARK, MAIN PLACE - ORLAND PARK ASSOCIATES, L.L.C. (MAIN PLACE AT ORLAND PARK) - NORTHEAST CORNER OF 143RD STREET AND LAGRANGE ROAD) be entered into and executed by said Village of Orland Park with said Agreement to be substantially in the form attached hereto and made a part hereof as EXHIBIT 1.

 

 

SECTION 2

 

The President and Clerk of the Village of Orland Park, Cook and Will Counties, Illinois, are hereby authorized to execute for and on behalf of said Village of Orland Park the aforesaid Agreement; provided, however, that all of the other parties to said Agreement have properly signed and executed the same.

 

 

SECTION 3

 

This Ordinance shall take effect from and after its passage, approval and publication in the manner provided by law.  That the Village Clerk is hereby directed and ordered to publish this Ordinance in pamphlet form.