Title
ORDINANCE APPROVING THREE-PARTY AGREEMENT AMONG THE VILLAGE, THE FOREST PRESERVE DISTRICT OF COOK COUNTY AND ORCHARD HILL BUILDING COMPANY
Body
WHEREAS, negotiations have taken place among the Village, Orchard Hill Building Company (“Orchard Hill”) and the Forest Preserve District of Cook County (“FPD”) resulting in an Agreement in a form substantially as set forth as attached hereto; and
WHEREAS, Orchard Hill is the owner of two vacant tracts, together known as the “Orchard Hill Sale Property”, one tract containing 32.10 acres and known as Tampier West, and one tract containing 20 acres, being a portion of Brittany Glen West both being legally described on Exhibit A to the attached Agreement, and Orchard Hill desires to sell the Orchard Hill Sale Property to the FPD according to the terms of the Agreement; and
WHEREAS, the “FPD” is implementing the Tampier Woods Greenway Connection Project (the “FPD Project”) and has determined that the acquisition of the Orchard Hill Sale Property is necessary and convenient thereto, and has authorized its acquisition according to the terms of the Agreement; and
WHEREAS, Orchard Hill wishes to develop that portion of the Brittany Glen West development tract not included in the Orchard Hill Sale Property (the “BGW Remainder”), legally described on Exhibit B to the attached Agreement, and wishes to annex said property into the Village to accommodate its development; and
WHEREAS, the Village wishes to annex the BGW Remainder in order to accommodate its development, and Orland Park wishes to facilitate the acquisition of the Orchard Hill Sale Property by the FPD for the operation of the FPD Project, according to the terms of the Agreement; and
WHEREAS, Orchard Hill is the owner of 10.9 acres of land (the “Tampier South Wetland”), legally described on Exhibit C to the attached Agreement, and 3 acres of land (the “Orland Park Property”), legally described on Exhibit D to the attached Agreement, which it will convey to Or...
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