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HomeMy WebLinkAboutOrdinances - MC-85-321 - 02/04/1985 - SCO Require title commitment prior to preliminaryORDINANCE NO. MC-85-321 AN ORDINANCE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF McHENRY, MCHENRY COUNTY, ILLINOIS, AS FOLLOWS: SECTION 1. Section UC6j of the City of McHenry Subdivision Control Ordinance relating to a title search certificate be and the same is hereby repealed. SECTION 2. Section VC1 of the City of McHenry Subdivision Control Ordinance be and the same is hereby amended by adding thereto the following additional provision: Prior to any review of the proposed preliminary plat by the Plan Commission, subdivider shall file with the City Clerk a title commitment for an owners title insurance policy issued by any title company licensed to do business in Illinois in the initial amount of $5,000.00 covering title of the real estate being subdivided and covering a date not more than 14 days prior to the date the preliminary plat has been filed with the City Clerk, showing title in the intended subdivider and all encumbrances and other matters of record; prior to the time that the proposed final plat of subdivision is submitted to the City Council for its consideration and action, said initial title insurance shall be increased by the subdivider to an amount covering the full fair cash market value of the property that is to be dedicated to the City by the final plat of subdivision. SECTION 3. Any person, firm or corporation violating any provision of this ordinance shall be fined not less than Ten Dollars ($10.00) nor more than Five Hundred Dollars ($500.00) for each offense committed on each day during, or on which, a violation occurs or continues. SECTION 4. All ordinances, or parts thereof, in conflict with the terms and provisions hereof, be and the same are hereby repealed to the extent of such conflict. SECTION 5. This ordinance shall be published in pamphlet form by and under the authority of the corporate authorities of the City of McHenry, Illinois. SECTION 6. This ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form, as provided by law. PASSED this 4th day of February , 1985. AYES: Bolger, Busse, Datz, McClatchey, Nolan, Serritella, Smith, Snell NAYS: ' None ABSTAINED: None ABSENT: None NOT VOTING: None APPROVED this 4th day of February , 1985. ATTEST: CITY CLERK