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HomeMy WebLinkAboutOrdinances - ORD-10-1509 - 07/19/2010 - AUTHORIZE RECAPTURE AGMT ECKSTEIN 1910 N ORCHARD DORDINANCE NO. ORD-10-1509 AN ORDINANCE AUTHORIZING THE EXECUTION OF A. RECAPTURE AGREEMENT BETWEEN MICHAEL AND ANN ECKSTEIN AND THE CITY OF MCHENRY FOR INSTALLATION OF SANITARY SEWER MAIN TO THE PROPERTY LOCATED AT 1910 NORTH ORCHARD DRIVE WHEREAS, the City of McHenry, McHenry County, Illinois, is a home rule municipality as contemplated under Article VII, Section 6, of the Constitution of the State of Illinois, and the passage of this Ordinance constitutes an exercise of the City's home rule powers and functions as granted in the Constitution of the State of Illinois. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MCHENRY, as follows: SECTION 1: The Mayor and City Council of the City of McHenry find that a Recapture Agreement drafted pursuant to the terms of Ordinance No. ORD-10-1498, the First Amendment to the Pre -Annexation Agreement between the City of McHenry and Michael and Ann Eckstein for their property located at 1910 North Orchard Beach Drive is in the best interest of the City. SECTION 2: The Mayor and City Clerk are hereby authorized to execute a Recapture Agreement (attached hereto as Exhibit A, and made a part hereof), and that the City Clerk is hereby directed to record said executed Agreement. with the McHenry County Recorder of Deeds as required by State Statute. SECTION 3: All ordinances, or parts thereof, in conflict with the terms and provisions hereof, be and the same are hereby repealed to the extent of such conflict.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 4: This ordinance shall be published in pamphlet form by and under the authority of the corporate authorities of the City of McHenry, Illinois. SECTION 5: This ordinance shall be in full force and effect from and after its passage, approval and publication, as provided by law. PASSED and APPROVED this 19`h day of July, 2010 Voting Aye: Santi, Schaefer, Blake, Wimmer, Peterson, Condon. Voting Nay: Glab. Not Voting: None. Abstained: None. Absent: None. Mayor ATTEST: City Clk \ �1 1 Eckstein Reimbursement Agreement This Agreement authorizing reimbursement for construction of improvements beneficial to the public is entered into this 191h day of July, 2010 ("Agreement") by and between the City of McHenry, a Municipal Corporation, in the County of McHenry, State of Illinois (hereafter referred to as "City") and Michael and Ann Eckstein (hereafter referred to "Property Owners"). Recitals Whereas the City of McHenry, McHenry County, Illinois, is a home rule municipality as contemplated under Article VII, Section 6, of the Constitution of the State of Illinois, and the execution of this agreement constitutes an exercise of the City's home rule powers and functions as granted in the Constitution of the State of Illinois; and Whereas, Property Owners are the owners of record of real estate legally described as follows: Lots 57 and 58 in Orchard Beach being a L Howe S Subdivision of part of the south half of Section 24 and the Northwest quarter of Section 25, all in Township 45 North, Range 8 East of the third principal meridian, according to the plat thereof recorded April 14, 1894 as Document No 12452 in Book 1 of Plats, page 50, in McHenry County, Illinois. PINS: 09-25-102-018 and 09-25-102-019 ("Eckstein Parcel"); and Whereas, Property Owners previously constructed and installed the following public utility improvements: 3211 linear feet of 8" sanitary sewer main north along Orchard Beach Road along with two manholes to service up to five residences ("Improvements"); Whereas, the Improvements constitute valuable and substantial improvements benefiting not only the Eckstein Parcel, but also adjacent properties legally described as follows: Lots 52, 53, 54, 55, and 56 in Orchard Beach being a L Howe S Subdivision of part of the south half of Section 24 and the Northwest quarter of Section 25, all in Township 45 North, Range 8 East of the third principal meridian, according to the plat thereof recorded April 14, 1894 as Document No 12452 in Book 1 of Plats, page 50, in McHenry County, Illinois. ("Benefitted Properties"). Now, therefore, in consideration of the mutual promises and agreements set forth herein, the parties hereto agree as follows: 1. The costs paid by the Property Owners of the Improvements and approved by the City total $29,010.8 ("Certified Costs"). 2. The Certified Costs of the Improvements shall be allocated on a pro-rata lineal foot basis between the Eckstein Parcel and the Benefitted Properties as follows: Lots Owner PIN Lineal Feet Cost Per Reimbursement Lineal Foot Fee 52 & Larry & Su -Ann Guerzon 09-25-102-013 56 Lineal Feet $90.6588 $5,076.89 53 1920 N. Orchard Beach (Combined PIN for lots 52 Rd. and 53) 54 Michael & Nancy 09-25-102-015 66 Lineal Feet $90.6588 $5,983.48 Connor 1918 N. Orchard Beach Rd. 55 Will Higgins 09-25-102-016 66 Lineal Feet $90.6588 $5,983.48 1916 N. Orchard Beach Rd. 56 Sean & Colleen Battles 09-25-102-017 66 Lineal Feet $90.6588 $5,983.48 1914 N. Orchard Beach Rd. 57 & Michael & Ann Eckstein 09-25-102-018 & 66 Lineal Feet $90.6588 $5,983.48 58 1910 N. Orchard Beach 09-25-102-019 Rd. The Property Owners shall have the right to be reimbursed for a portion of the Certified Costs incurred, as allocated above., ($23,027.32) through the collection of the Reimbursement Fee referenced above from the owners of the Benefitted Property upon connection of improvements located on their land to the Improvements. The owners of the Benefitted Property seeking to connect to the Improvements shall be required to pay the Reimbursement Fee, plus simple interest calculated at a rate of five percent (5%) per annum computed from the date that the Improvements were accepted by the! City, June 7, 2010, until the earlier of the date of payment of the Reimbursement Fee or ten (10) years after the date of this Agreement; plus a collection charge payable to the City of three percent (3°,o) of the Reimbursement Fee. The Reimbursement Fee shall be paid by the owner of the Benefitted Property seeking to connect to the Improvements upon the connection of that Benefiting Property to the Improvements. 3. The right to receive the Reimbursement Fee, plus any interest thereon or other amounts authorized under this Agreement, as well as all other rights, responsibilities, and remedies under this Agreement are the personal rights, responsibilities, and remedies of the Property Owners and shall not run with the ownership of the Eckstein Parcel. 4. If such Benefitted Property Owners fail or refuse to pay the; Reimbursement Fee when due, the Property Owners shall have the right to enforce all rights allowed under Illinois law to secure payment. 5. The term of this Agreement shall be twenty (20) years fronn the date of this Agreement. 6. The City shall use its best efforts to collect the Reimbursement Fee from the Benefitted Property Owners, however, shall not be obligated to bring any suit to enforce the collection of same, nor shall the City or any of its officials be liable to the Property Owners or their successors or assigns in any manner for failure to make such collections. Property Owners hereby agree to defend, indemnify and 2 hold harmless the City, its elected officials and employees for any and all lawsuits, damages, attorney fees incurred relating in any way to this Agreement. Any amendment to this Agreement shall be in writing. 8. Any notice to be given or served hereunder or under any document or instrument executed pursuant hereto shall be in writing and shall be: delivered by United States first class pre -paid postage. All notices shall be addressed to the parties at their respective addresses: To the City: City of McHenry City Clerk's Office 333 South Green Street McHenry, IL 60050 To Property Owners: Michael and Ann Eckstein 1910 Orchard Beach Road McHenry, IL 60050 9. In the event a court of competent jurisdiction determines by final order that the amount of the fees or interest payable hereunder exceeds the amount that may be reimbursed by the Property Owners under applicable law, then such amount shall be automatically reduced to such amount as the court then determines would conform to such requirements of the law so that the provision establishing the fees and interest payable may be given force and effect. The parties agree all actions instituted to enforce this Agreement shall be commenced and heard in the 22od Judicial Circuit Court of McHenry County, Illinois. Approved this 19th day of July_, 2010 Property Owners By: ieh l Eckstei By: Ann Eckstein City of McHenry By: L� Mayor Attest: City C1 rk C-\Users\Mike\AppData\1Local\Microsoft\Windows\Temporary Intemet Files\Low\Con nt.IE5 WUZSR\EO tem MRecapture %20Agmt(f .doc \ \