HomeMy WebLinkAboutResolutions - R-78-18 - 06/14/1978 - Martin-Anderson Farm annexations R-78-18
RESOLUTION
WHEREAS, Harding Real Estate has requested that it be allowed to
deposit a sum of money less than that required by Section 28-3 of the
Municipal Code, City of McHenry, Illinois, in connection with the pro-
posed annexation of certain territory (Martin-Anderson Farm) to the
City; and
WHEREAS, good cause has been shown to reduce the amount of such
initial deposit.
WHEREAS, a check in the amount of $10,000 based on the total acre-
age of 360 which is included in Martin-Anderson Farm will be deposited
with the City.
WHEREAS, Harding Real Estate has agreed to maintain a balance of
$5,000 in the deposit account at all times with respect to the develop-
ment of the subdivision.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
McHENRY, McHENRY COUNTY, ILLINOIS, AS FOLLOWS:
SECTION 1 . That pursuant to the authority contained in Section
28-10 of the Municipal Code, and upon good cause shwon, the initial de-
posit requirements of Section 28-3 aforesaid be and the same are hereby
partially waived as to the pending Harding Real Estate annexation pro-
ceedings and in lieu of the requirement thereof, Harding Real Estate be
and it is hereby authorized to deposit the initial sum of $10,000.
SECTION 2. This Resolution shall be in full force and effect im-
mediately upon its passage and approval .
PASSED this 14th day of June, 1978.
AYES: Nolan, Harker, Adams, Schooley, Rogers, Bolger
NAYS: None
ABSENT: Smith, Datz
APPROVED this 14th day of June, 1978
Mayor
ATTEST:
City Clerk