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HomeMy WebLinkAboutOrdinances - O-94-652 - 03/16/1994 - AUTHORIZE EXCHANGE OF PARCELS GREEN VALLEY UNIT 2ORDINANCE NO. 94 - 0-94-652 AN ORDINANCE AUTHORIZING THE EXCHANGE OF PARCELS OF REAL ESTATE IN GREEN VALLEY UNIT TWO WITH McHENRY STATE BANK, AS TRUSTEE UNDER TRUST AGREEMENT NO. 4046, DATED JUNE 3. 1987 WHEREAS, certain real property has been dedicated to the City of McHenry as reflected by that certain final plat of survey for Green Valley Unit Two, being a subdivision of part of Government Lot 2 of the Northeast Quarter of Section 2, Township 44 North, Range 8 East of the Third Principal Meridian, in McHenry County, Illinois, and recorded August 20, 1990 as Document No. 90 R 030780 in the McHenry County Recorder's Office (the "Plat"), and legally described as follows: Beginning at the Northwest corner of said Lot 30, thence Northerly along the Easterly right of way line of Ronda Road being a curved line concave Easterly and having a radius of 701.907 feet, for an arc distance of 15.0 feet to the Southwest corner of Lot 29; thence South 74 degrees 41 minutes 57 seconds East, along the South line of Lot 29, 142.87 feet, to the Southeast corner thereof; thence South 2 degrees 12 minutes 38 seconds West, along the East line of said Subdivision, 15.40 feet, to the Northeast corner of Lot 30; thence North 74 degrees 41 minutes 57 seconds West, 146.43 feet, to the point of beginning, all in Green Valley Unit 2, being a subdivision of part of Government Lot 2 of the Northeast Quarter of Section 2, Township 44 North, Range 8 East of the Third Principal Meridian, according to the Plat in McHenry County, Illinois ("Parcel 111). WHEREAS, McHenry State Bank, not personally but as Trustee under the provisions of that certain Trust Agreement dated June 3, 1987, and known as Trust No. 4046 (the "Trustee") is the fee simple title owner to the real property legally described as follows: The South 10 feet of Lot 28, as measured at right angles to the South line of Lot 28, together with the North 5 feet of Lot 29, as measured at right angles to the North line of Lot 29, in Green Valley Unit 2, being a subdivision of part of Government Lot 2 of the Northeast Quarter of Section 2, Township 44 North, Range 8 East of the Third Principal Meridian, according to the Plat in McHenry County, Illinois ("Parcel 211). WHEREAS, Granite Builders, Inc., the holder of the beneficial interest in Trust No. 4046, has proposed the exchange of Parcel 2 for Parcel 1 in order to alleviate a building line violation in contravention of the City's Zoning Ordinance; WHEREAS, by 3/4 vote of the corporate authorities of the City then holding office, a motion was passed on March 2, 1994, to hold a hearing to consider and take action upon said proposal; WHEREAS, public notice of said public hearing was published on February 25, 1994, pursuant to Division 76.2 of the Illinois Municipal Code; WHEREAS, after said public hearing, by 3/4 vote of the corporate authorities of the City then holding office, the City Council and the Mayor, as the case may be, find as follows: 1. That the parcel to be conveyed by City (Parcel 1) under said exchange, in the opinion of the City Council, is no longer needed by the City for the public interest; 2. That the parcel to be received by the City ( Parcel 2 ) under said exchange will prove useful to the City and will be for the public interest; and 3. That the total value of the parcel to be received by the City (Parcel 2) is approximately equal to or exceeds the value of the parcel to be conveyed (Parcel 1), as determined by the Mayor and City Council, taking into consideration the long term best interest of the public. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of McHenry, McHenry County, Illinois, as follows: Section 1: That the City of McHenry is authorized to exchange Parcel 1 for Parcel 2 under Division 76.2 of the Illinois Municipal Code; Section 2: That the Mayor and Clerk of the City of McHenry are hereby authorized to enter into the exchange agreement attached hereto and made a part hereof as Exhibit A; Section 3: That the Mayor and Clerk may convey Parcel 1 pursuant to said exchange agreement by proper deed of conveyance, stating therein the consideration thereto, with the seal of the municipality affixed to said deed, which shall be in substantively the same form as Exhibit B attached hereto and made a part hereof; Section 4: That the City Attorney is hereby authorized to secure tax-exempt status from the Illinois Department of Revenue for Parcel 2 upon the actual exchange of Parcels 1 and 2; Section 5: That all maps, journals and other records of the City be changed accordingly; 2 Section 6: If any section, paragraph, subdivision, clause, sentence or provision of this Ordinance shall be adjudged by any Court of competent jurisdiction to be invalid, such judgment shall not affect, impair, invalidate or nullify the remainder thereof, which remainder shall remain and continue in full force and effect. Section 7: All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict. Section 8: This Ordinance shall be in full force and effect upon its passage, approval and publication in pamphlet form (which publication is hereby authorized) as provided by law. Voting Aye: Baird, Lawson, Bates, Bolger, Cuda Voting Nay: None Absent: Locke Abstain: None APPROVED• ."St en J. Cuda, Mayor City of McHenry (SEA ATTEST: Bar ara E. Gilpin, Cler Passed: March 16, 1994 Approved: March 16, 1994 Published: March 17, 1994 3 EXHIBIT A LAW OFFICES ZUHOWSHI, ROGERS, FLOOD & MCARDLE 50 VIRGINIA STREET CRYSTAL LAKE, ILLINOIS 60014 ISIS) 4S9-20SO FAX (815) 459-9057 MICHAELJ. SMORON February 24, 1994 GRANITE BUILDERS, INC. P.O. Box 609 Algonquin, Illinois 60102-0609 McHENRY STATE BANK 333 South Green Street McHenry, Illinois 60050 CHICAGO OFFICE SUITE 1502 100 SOUTH WACKER DRIVE CHICAGO, ILLINOIS 60606 (312) 407-7700 FAX: (312) 332-1901 Re: Exchange of Parcels in Green Valley Unit Two By and Between the City of McHenry and McHenry State Bank, as Trustee Ladies and Gentlemen: This letter will serve to memorialize the intentions of the undersigned parties and the terms and conditions of the above - captioned transaction. As we have mutually determined, Granite Builders, Inc. created a building set -back line violation on Lot 30 in contra- vention of the City's Zoning Ordinance, as represented by that final plat of survey for Green Valley Unit Two recorded August 20, 1990 as Document No. 90R030780 in the McHenry County Record- er's office (the "Plat"). The building set -back line violation would be cured, how- ever, if the 15' walkway north of Lot 30 dedicated to the City were to be added to and become part of Lot 30. To remedy such violation, the City agrees to convey the 15' walkway north of Lot 30, as legally described in Exhibit A attached hereto to McHenry State Bank, as Trustee, under the provisions of that certain Trust Agreement dated June 3, 1987, and known as Trust No. 4046 (the "Trustee") in consideration of ZUKOWSHI, ROGERs, FLOOD & MCARDLE which the Trustee agrees to convey the North 5' of Lot 29 and South 10' of Lot 28, as legally described in Exhibit B attached hereto, to the City of McHenry. CITY OF McHENRY, an Illinois Municipal Corporation, By: Steven J. Cuda, Mayor Attest: Barbara Gilpin, Clerk GRANITE BUILDERS, INC. McHENRY STATE BANK, as Trustee under the provision of that By: certain Trust Agreement dated Its: June 3, 1987, and known as Trust No. 4046 By:_ Its: MJS/jg Attachments Copy to: Mayor and City Alderman Clerk Building & Zoning Director City of McHenry EXHIBIT A Beginning at the Northwest corner of said Lot 30, thence Northerly along the Easterly right of way line of Ronda Road being a curved line concave Easterly and having a radius of 701.907 feet, for an arc distance of 15.0 feet to the Southwest corner of Lot 29; thence South 74 degrees 41 minutes 57 seconds East, along the South line of Lot 29, 142.87 feet, to the Southeast corner thereof; thence South 2 degrees 12 minutes 38 seconds West, along the East line of said Subdivision, 15.40 feet, to the Northeast corner of Lot 30; thence North 74 degrees 41 minutes 57 seconds West, 146.43 feet, to the point of beginning, all in Green Valley Unit 2, being a subdivision of part of Government Lot 2 of the Northeast Quarter of Section 2, Township 44 North, Range 8 East of the Third Principal Meridian, according to the plat thereof recorded August 20, 1990, as Document No. 90R030780, in McHenry County, Illinois. ("Parcel 111) EXHIBIT B The South 10 feet of Lot 28, as measured at right angles to the South line of Lot 28, together with the North 5 feet of Lot 29, as measured at right angles to the North line of Lot 29, in Green Valley Unit 2, being a subdivision of part of Government Lot 2 of the North- east Quarter of Section 2, Township 44 North, Range 8 East of the Third Principal Meridian, according to the Plat thereof recorded August 20, 1990 as Document No. 90R030780 iin McHenry county, Illinois. ("Parcel 2") EXHIBIT B QUIT CLAIM DEED Statutory (Illinois) THE GRANTOR THE CITY OF McHENRY, a municipal corporation created and existing under and by virtue of the laws of the State of Illinois, for and in consideration of Ten and no/100 Dollars and other good and valuable consideration in hand paid, and pursuant to authority given by the corporate authorities of said municipal corporation, CONVEYS and QUIT CLAIMS to McHENRY STATE BANK, not personally but as Trustee under the provisions of that certain Trust Agreement, dated the 3rd day of June, 1987, and known as Trust No. 4046, McHenry State Bank, P.O. Box 398, McHenry, Illinois 60050-0398, all its interest in the following described Real Estate situated in the County of McHenry and State of Illinois, to wit: Beginning at the Northwest corner of said Lot 30, thence Northerly along the Easterly right of way line of Ronda Road being a curved line concave Easterly and having a radius of 701.907 feet, for an arc distance of 15.0 feet, to the Southwest corner of Lot 29; thence South 74 degrees 41 minutes 57 seconds East, along the South line of Lot 29, 142.87 feet, to the Southeast corner thereof; thence South 2 degrees 12 minutes 38 seconds West, along the East line of said Subdivision, 15.40 feet, to the Northeast corner of Lot 30; thence North 74 degrees 41 minutes 57 seconds West, 146.43 feet, to the point of beginning, all in Green Valley Unit 2, being a subdivision of part of Government Lot 2 of the Northeast Quarter of Section 2, Township 44 North, Range 8 East of the Third Principal Meridian, according to the plat thereof recorded August 20, 1990, as Document No. 90R030780, in McHenry County, Illinois. IN WITNESS WHEREOF, said Grantor has caused its corporate municipal seal to be hereto affixed, and has caused its name to be signed to these presents by its Mayor, and attested by its Clerk, this day of , 1994. (SEAL) THE CITY OF McHENRY, an Illinois municipal corporation, By: Steven J. Cuda, Mayor Attest: Barbara E. Gilpin, Clerk STATE OF ILLINOIS SS COUNTY OF McHENRY I, the undersigned, a Notary Public in and for the County and State aforesaid, DO HEREBY CERTIFY that STEVEN J. CUDA and BARBARA E. GILPIN are the Mayor and Clerk respectively of said City of McHenry and are personally known to me to be the same persons whose names are subscribed to the foregoing instrument and they appeared before me this day in person and severally acknowledged that as such Mayor and Clerk, they signed and delivered the said instrument and caused the municipal seal of said municipal corporation to be affixed thereto, pursuant to authority given by the City Council of the City of McHenry, as their free and voluntary act, and as the free and voluntary act and deed of said corporation, for the uses and purposes therein set forth. Given under my hand and official seal this day of 1994. This document prepared by: Michael J. Smoron Attorney No. 06217701 ZUKOWSKI, ROGERS, FLOOD & McARDLE 50 Virginia Street Crystal Lake, IL 60014 815/459-2050 2 Notary Public Mail to after recording/ Send subsequent tax bills to: McHENRY STATE BANK, as Trustee under Trust No. 4046 3510 West Elm Street McHenry, IL 60050 815/385-1040