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Ordinance 2008-050 2 1- 0800016879 Filed for Record in STATE OF ILLINOIS ) KENDALL COUNTYr ILLINOIS ss RENNETTA S MICKELSON 07 -17 -2008 At 09:50 am. COUNTY OF KENDALL ) ORDINANCE 105.00 RHSP Surcharse 10.00 adbd Ordinance No._ AN ORDINANCE OF THE UNITED CITY OF YORKVII,LE, KENDALL COUNTY, ILLINOIS, APPROVING AN AMENDMENT TO THE O'KEEFE PROPERTY ANNEXATION AGREEMENT WHEREAS, the United City of Yorkville (the "City ") is a duly organized and validly existing non home -rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, WHEREAS, the City, The Betty O'Keefe Family Limited Partnership (the "Owner "), the owner of approximately 140.9 acres of property located east of Illinois Route 47, and south of Galena Road, in Bristol Township, Kendall County, Illinois (the "Subject Property "), a legal description of which is attached hereto and incorporated herein as Exhibit A, and the Lundmark Group, LLC (the "Developer "), entered into an annexation agreement dated September 26, 2006, and approved by Ordinance No. 2006- 102 on September 26, 2006 (the "Agreement"); and, WHEREAS, the current City Sign Code, Title 8 Chapter 11 of the United City of Yorkville Code, allows for one (1) sign per street frontage with a maximum sign area of one hundred (100) square feet and a maximum sign height of twenty (20) feet; and, WHEREAS, Section 4(B) of the Agreement states that in addition to the signs allowed under the City Zoning Ordinance, the owner and developer shall be allowed one (1) illuminated permanent sign up to one hundred (100) square feet in area on each lot advertising the water park facility; and, WHEREAS, the Owner and Developer have proposed an amendment to the Agreement that in lieu of two (2) signs allowable on Lot 3 of the Subject Property, and three (3) signs total allowable on the other lots of the Subject Property advertising the water park facility, Lot 3 be allowed one (1) illuminated permanent sign, up to twenty -five (25) feet in height and in area as depicted by Exhibit "B attached hereto and incorporated herein; and, WHEREAS, a legal notice of publication regarding a public hearing before the Zoning Board of Appeals on the proposed amendment was duly published in a newspaper of general circulation in the City, not more than thirty (3 0) nor less than fifteen (15) days prior to the public hearing; and, WHEREAS, notice to property owners within the boundaries of the Subject Property identified for the special use permit were delivered by certified mail; and, WHEREAS, the Zoning Board of Appeals reviewed the proposed amendment to the Agreement on the 0 1 day of June 2008, and recommended allowing the amendment; and, WHEREAS, the Mayor and City Council deem the approval of the proposed amendment to be in the best interests of the health, safety, and welfare of its citizens. NOW, THEREFORE, BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. The above recitals are incorporated and made a part of this Ordinance. Section 2. The Mayor and City Council of the United City of Yorkville, Kendall County, Illinois (the "Corporate Authorities ") hereby approve the deletion of Section 4(B) of the Agreement and replace it with the following: (B) In addition to the signs allowed under the City Municipal Code and unless otherwise set forth herein, the OWNER and DEVELOPER shall, in lieu of two (2) signs on Lot 3, be allowed only one (1) illuminated permanent sign as depicted by Exhibit "I ", up to twenty five (25) feet in height, on Lot 3 for the water park facility. Section 3. The Corporate Authorities hereby authorize the addition of Exhibit I to the Agreement, depicting the Raging Waves Water Park Main Entry Sign. Section 4. This Ordinance shall be in full force and effect upon its passage, approval, and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this 10 day of , A.D. 2008. Y CLERK ROBYN SUTCLIFF � JOSEPH BESCO ARDEN JOE PLOCHER WALLY WERDERICH GARY GOLINSKI MARTY MUNNS ROSE SPEARS Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this day of k) (A M C-- 2008. MAYOR i I 2 Exhibit A Legal Description of Subiect Property (see attached) i I 3 That part of the west half of Section. 9, Township 37 north, Range 7 east of the Third Principal Meridian described as follows: commencing at the southeast corner of the northwest quarter of said Section; thence west along the south line of said northwest quarter, 14.28 chains for a point of beginning; thence N14D50% 30.14 chains to the center line of Galena Road; thence northwesterly along the center line of said Galena Road to the west line of said Section.; thence south along said west line to the southwest corner of the northwest quarter of the southwest quarter of said Section; thence east along the south line of said northwest quarter of the southwest quarter, 19.75 chains to a point 1 rod west of the southeast corner of said quarter quarter; thence northeasterly to the point of beginning (except that part lying westerly of the center line of Illinois Route 47) in the Township of Bristol, Kendall County, Illinois. That part of the west half of Section 9, Township 37 north, Range 7 east of the Third Principal Meridian described as follows: commencing at the southeast corner of the northwest quarter of said Seetion; thence west along the south line of said northwest quarter, 14.28 chairs for a point of beginning; thence S 15 °34'22 "W along the east line of lands described in Document 2005035985, 716.99 feet; thence 587 °56'46 "W, 1452.82 feet to the east line of Illinois Route 47; thence N 1'06'54"W along said east line of Route 47; 100.38 feet; thence NO °19'02 "E along said east line of Route 47, 200.05 feet; thence N1 0 06'54 "W along said east line of Route 47, 373.63 feet; thence N87 °56'46 "E, 213.36 Meet; thence northeasterly along a circular curve having a radius of 315.00 feet concave to the northwest, the chord of which bears N61 °01'02 "E, 296.10 feet; thence northeasterly along a circular curve having a radius of 385.00 feet concave to the southeast, the chord of which bears N55 °35'01 "E, 288.88 feet; thence N77D04'45 "E, 476.89 feet; thence easterly along a circular curve leaving a radius of 315.00 feet concave to the north, the chord Qf which bears N70 °3936 "E, 70.58 feet to a point on a line 500 feet westerly of and parallel with said east line of lands described in Document 2005035985; thence N1397'14"E along said parallel. line, 828.19 feet; thence S76 1 22'46 "E, 500.00 to said east Hine of lands described in Document 2005035985; thence S13 °37'14"W along said east line of lands described in Document 2005035985, 1084.23 feet to the point of beginning in the Township of Bristol, Kendall County, Illinois. Excepting therefrom: That part of the west Half of Section 9, Towndxip 37 north, Range 7 east of the Third Principal Meridian described as follows: commencing at the southeast corner of the northwest quarter of said Section; thence west along the south line of said northwest quarter, 14.28 chains to the east line of lands described in Document 2005035985; thence N13 "E along said east line, 1084.23 feet; thence N76 0 2246 "W, 500.00 feet; thence S 13 °37' 14"W, 828.19 feet; thence westerly along a circular curve leaving a radius of 315.00 feet concave to the north, the chord of which bears S70 °39'36 "W, 70.58 feet; thence S77 "04'45'W, •476.89 feet; thence southwesterly along a circular curve leaving a radius of 385.00 feet concave to the southeast, the chord of which bears S55 °35'01 "W, 288.88 feet; . thence southwesterly along a circular curve having a radius of 315.00 feet concave to the northwest, th .cliordof which bears S61 1'02"W, 296.10 feet; thence S87 °56'46"W, 21336 feet to the east line of 1]]inois Route 47 for a point of beginning; thence NI 0 06'54 "W along said east line of Route 47, 50.01 feet; thence N87 °56'46 "E, 55.01 feet; thence S45D36'W'E, 70.14 feet; thence S87 °56'46 "W, 105.01 feet to the point of beg inning in the Township of Bristol, Kendall County, Illinois. Exhibit B Raging Waves Water Park Main Entry Sign (see attached) 4 �XH 181T cc u EXHIBIT I RAGING V4AVV' \NAI R PARK MAIN P-411 12 FT. r 12 Fr 25 Fr. A 12 FT I I I i, Hill. A LIGHT BOX 3 FT, 13 FT. Client: Raging Waves Waterpark Agency Contac Created: 3/1112008 III- A o v IN T I Updated: 3/11/2008 M. BROADWAY SUITE 201 AURORA z 1L :t 60505 :: TE1.630.097.9900 ClCopyfight 2007 figoftave. All 91falogic and creative development In this PnISOM811011 IS the intellectual properly of Ondwave Design ]At. Conleml shag nol be manipulated or dopkaled mmilhout Undwava's expressed wiihon consent I 06/10/08 AMENDED ANNEXATION AGREEMENT (O'Keefe Subdivision) THIS AMENDED ANNEXATION AGREEMENT ( "Agreement "), is made and entered into as of this /Of` day of .Tune. , 2008, by and between The Betty O'Keefe Family Limited Partnership, an Illinois Limited Partnership, owner of approximately 140.9 acres of property located east of Illinois Route 47, and south of Galena Road, in Bristol Township, Kendall County, Illinois. Permanent Index Number 02 -09 -100 -003. (hereinafter referred to as "OWNER "), the Lundmark Group, LLC, an Illinois limited liability company, as contract purchaser and developer of lots 2 & 3 which lots are legally described in Exhibit "D ", (hereinafter referred to as Developer), and the UNITED CITY OF YORKVILLE, a municipal corporation organized and existing under and by virtue of the laws of the State of Illinois (hereinafter referred to as "CITY ") by and through its Mayor and Aldermen ( "Corporate Authorities "). OWNER and DEVELOPER and the CITY are sometimes hereinafter referred to individually as a "Party" and collectively as the "Parties ". 1 RECITALS: A. OWNER is the owner of record of certain parcels of real estate legally described and shown on the Plat of Annexation, attached hereto as Exhibit "A" (hereinafter referred to as "SUBJECT PROPERTY "). B. OWNER desires to annex the SUBJECT PROPERTY to the CITY for the purposes of developing a water park along with other permitted B -3 Service Business Zoning District uses, as limited in Exhibit "F" of this Agreement. C. OWNER and DEVELOPER desire to proceed with the development of a water park facility along with various other commercial and office uses in accordance with the terms and provisions of this Agreement. D. OWNER and DEVELOPER propose that the SUBJECT PROPERTY be zoned under the B -3 Service Business District provisions of the City Zoning Ordinance ( "Zoning Ordinance ") as depicted on the Legal Descriptions of Zoning Parcels attached hereto and incorporated herein as Exhibit `B ". for a water park facility and other commercial uses within the B -3 Service Business District as limited in Exhibit "F" of this Agreement E. All public hearings, as required by law, have been duly held by the appropriate hearing bodies of the CITY upon the matters covered by this Agreement. The Plan Commission conducted a public hearing regarding the requested zoning on July 26, 2006. The Plan Commission concluded their deliberations on this case at their July 26, 2006 meeting. City Council conducted the public hearing on the annexation agreement on August 22, 2006. F. The CITY, OWNER, and DEVELOPER have given all appropriate notices due to be given pursuant to applicable provisions of the Illinois Compiled Statutes and the City Code. G. The Corporate Authorities, after due and careful consideration, have concluded that the execution of this Annexation Agreement subject to the terms and provisions of this 2 Agreement, and the zoning, subdivision and development of the SUBJECT PROPERTY as provided for herein, will inure to the benefit and improvement of the CITY in that it will increase the taxable value of the real property within its corporate limits, promote the sound planning and development of the CITY and will otherwise enhance and promote the general welfare of the people of the CITY. H. (i) Each party agrees that it is in the best interests of the OWNER, DEVELOPER, and the CITY to annex and develop the SUBJECT PROPERTY described in the Attached Exhibit "A" as a B -3 Service Business District allowing for a water park facility identified as commercial recreation park within the B -3 Service Business District as well as all other permitted commercial uses, except as limited by Exhibit "F" of this Agreement in conformance with the United City of Yorkville's Comprehensive Plan. (ii) Each party agrees that it is in the best interest of the local governmental bodies affected and the OWNER and DEVELOPER, to provide for specific performance standards in the development of the SUBJECT PROPERTY. (iii) Each party agrees that it is in the best interest of the OWNER, DEVELOPER, and the CITY that the SUBJECT PROPERTY be developed in an orderly and efficient fashion. (iv) Each party agrees that a substantial impact will be placed on the services of the United City of Yorkville and other governmental agencies by development of said real property. (v) The SUBJECT PROPERTY is contiguous to the corporate boundaries of the CITY. 3 1. It is the desire of the Parties that the development and use of the SUBJECT PROPERTY proceed as conveniently as may be, in accordance with the terms and provisions of this Agreement, and be subject to the applicable ordinances, codes and regulations of the CITY now in force and effect, except as otherwise provided in this Agreement. J. The OWNER, DEVELOPER, and their representatives have discussed the proposed annexation and have had public hearings with the Plan Commission and the City Council, and prior to the execution hereof, notice was duly published and a public hearing was held to consider this Agreement, as required by the statutes of the State of Illinois in such case made and provided. i NOW, THEREFORE, in consideration of the foregoing preambles and mutual covenants and agreements contained herein, the Parties hereto agree to enter into this Agreement. The Parties hereto further agree to supplement this Agreement with the Petition for Zoning and Annexation, and drawings submitted therewith, to be approved by the City Council upon the following terms and conditions and in consideration of the various agreements made between the parties: 1 LEGAL CONFORMANCE WITH LAW This Agreement is made pursuant to and in accordance with the provisions of the CITY ordinances, as amended from time to time and applicable provisions of the Illinois Compiled Statutes and the Illinois Constitution. Furthermore, the preceding recitals of this Agreement are incorporated herein as if they were written in full at this place in the Agreement. i 2. ANNEXATION AND ZONING. As soon as reasonably practicable following the execution of this Agreement, the Corporate Authorities shall adopt such ordinances as may be necessary and appropriate to annex and zone the SUBJECT PROPERTY under the B -3 Service Business District provisions of the CITY Zoning Ordinance. The Zoning Map of the CITY shall thereupon be modified to reflect the classification of the SUBJECT PROPERTY as aforesaid. It is further understood and agreed to by the Parties that a water park facility as well 4 as any and all customary uses and structures are permitted uses within said B -3 Service Business District as limited by Exhibit "F" of this Agreement. The Interim use set forth below shall be permitted anywhere on the SUBJECT PROPERTY during the term of this Agreement: a. All types of crop farming. The interim uses set forth below shall be permitted anywhere on the SUBJECT PROPERTY if they are directly related to the development of the SUBJECT PROPERTY or the development of the Raymond Regional Storm Water Facility: a. Borrow -Pits. b. Stock - piling of dirt and sale and removal of topsoil C. Temporary storm water management (pursuant to Section 4 of this Agreement) d. Dewatering activities Said interim uses shall be allowed only for activities taking place on the SUBJECT PROPERTY and not for any other off -site activities not related to the development of the SUBJECT PROPERTY OWNER and DEVELOPER agree that the SUBJECT PROPERTY shall be developed in accordance with the ordinances of the CITY, unless otherwise provided for herein, and agree to follow all of the policies and procedures of the CITY in connection with such development except as modified in this Agreement. 3. FUTURE FINAL PLATS AND FINAL ENGINEERING The CITY recognizes the development of the SUBJECT PROPERTY may occur in stages or units over a period of time. Accordingly, the CITY grants permission to OWNER and DEVELOPER to stage the development on their respective parcels over a period of twenty (20) years and to submit separate final plats and final engineering for approval of each phase. The CITY shall act upon any final plat and final engineering submittal within a reasonable amount of time of it's receipt of such final plat or final engineering. The plat review and consideration by the CITY shall not exceed the limitations set out in 65 ILCS 5/11 -12 -8 (2002). The CITY shall not 5 require engineering to be submitted for any phase of the SUBJECT PROPERTY that is not within the particular final plat for a parcel, phase, or unit being submitted for approval by OWNER and DEVELOPER. However, the CITY may require engineering for infrastructure on or off -site that the CITY determines is required to serve the parcel, phase, or unit under consideration. 4. MODIFICATIONS OF LOCAL CODES The specific modifications and deviations from the CITY'S ordinances, rules, and codes contained herein have been requested, approved and are permitted with respect to the development, construction, and use of the SUBJECT PROPERTY. ( "Permitted Modifications "). (A) If OWNER and DEVELOPER choose to provide temporary on -site storm water management then OWNER and DEVELOPER shall be granted approval by the CITY to utilize a maximum of six (6) feet of bounce in any storm water management areas located upon the SUBJECT PROPERTY. (B) In addition to the signs allowed under the City Municipal Code and unless otherwise set forth herein, the OWNER and DEVELOPER shall, in lieu of two (2) signs on Lot 3, be allowed only one (1) illuminated permanent sign as depicted by Exhibit "I ", up to twenty five (25) feet in height, on Lot 3 for the water park facility. (C) The CITY shall allow the DEVELOPER to construct the water slides to a maximum height of one - hundred (100) feet on lot #3 which lot is depicted in Exhibit "C ". (D) Upon the opening of the water park facility DEVELOPER shall be allowed to provide over -flow parking for the water park facility on lot 2 and a portion of lot 3 if the need arises, and CITY also agrees to allow DEVELOPER to utilize lots 2 & 3 as grass parking lots until the water park facility has been operational for two (2) operating seasons, at which the time CITY will evaluate the need for additional paved areas to provide additional parking. The CITY shall base it's determination of the need for additional paved areas upon Lots 2 & 3 through an analysis of the daily attendance at the water park facility and utilization of the grass parking lots during the preceding two year period. Grass parking lots shall be designed, subject to CITY approval, to adequately drain and include a minimum 2% grade, no more that 6 inches of topsoil, and include established turf prior to any parking activity. Parking activities on said grass lots 6 areas shall be managed by the DEVELOPER to ensure general public safety and include proper aisle spacing between vehicles to enable emergency access. (E) Upon satisfaction of all other CITY ordinances the CITY shall grant occupancy and operation permits of the water park facility once temporary intersection improvements are operational, and upon Illinois Department of Transportation approval. (F) If the Raymond Regional Storm -Water Facility (hereinafter referred to as "Raymond Facility ") is not operational at the time of completion of the water park facility the CITY shall allow DEVELOPER to utilize interim storm water management areas upon lots 2 & 3 at a location and in a manner as approved by the CITY engineer. If the DEVELOPER utilizes interim storm water management upon lots 2 & 3 then DEVELOPER shall not be required to buy into the Raymond Facility until they utilize said facility. In the event that Lots 2 & 3 are utilized for interim storm water management purposes, then the Developer shall not be permitted to utilize said interim detention areas for overflow parking until said lots are no longer used for storm water management. (G) The Park Department has requested that the OWNER construct a ten (10) foot wide asphalt path on the south side of Galena Road. Therefore, the CITY agrees to allow OWNER to construct said ten (10) foot wide path on the south side of Galena Road in lieu of a sidewalk at the time that particular phase or unit of the SUBJECT PROPERTY is developed. (H) To provide for a unique and aesthetically pleasing development CITY agrees to collaborate with DEVELOPER to explore alternatives to providing landscaped islands within the parking lots of Lots 2 & 3. It is understood between the Parties that the DEVLOPER shall be obligated to provide the same quantity of landscape plantings under current CITY ordinance, however the CITY shall consider alternative locations for said parking lot island landscaping which will benefit both the SUBJECT PROPERTY as well as surrounding properties. 5. UTILITIES, EASEMENTS AND PUBLIC IMPROVEMENTS OWNER and DEVELOPER agree that any extension and/or construction of utilities and public improvements shall be performed in accordance with existing CITY subdivision regulations as modified by this Agreement. Any on -site work and the cost thereof shall be the responsibility of OWNER and DEVELOPER except as otherwise provided in this Agreement. 7 The CITY represents to OWNER and DEVELOPER that the CITY owns potable water, fire flow and water storage facilities that will have sufficient capacity to adequately serve the needs of the OWNER and DEVELOPER and occupants of the SUBJECT PROPERTY as developed pursuant to this Agreement. With respect to sanitary sewer treatment capacity, the CITY shall assist and cooperate with OWNER and DEVELOPER in their efforts to acquire adequate sanitary sewer treatment capacity from the appropriate sanitary district for use upon the SUBJECT PROPERTY. The OWNER and DEVELOPER agree to contribute a proportionate share of the recapturable expenses payable for the Galena Road water main extension between Bristol Bay and the Grande Reserve Development not to exceed an amount equal to 15% of the total engineering and construction costs for said project. The CITY represents to the OWNER and DEVELOPER total expense for said project is estimated to be $700,000.00 (15% of which would be $105,000.00). Said recapture payment will be payable at time of first building permit issuance of Lot 1. The CITY represents to OWNER and DEVELOPER that except for water main recapture charges payable for the Galena Road water main extension between Bristol Bay and the Grande Reserve Development as described above, and recapture charges payable for the Raymond Facility neither OWNER nor DEVELOPER shall become liable to the CITY or any other party for recapture upon the annexation and/or development of the SUBJECT PROPERTY for any existing sewer or water lines or storm water lines and/or storage facilities that may serve the SUBJECT PROPERTY. However, subject to the terms of this Agreement, OWNER and DEVELOPER shall be responsible to pay sewer and water connection fees for the commercial parcels. In the event that during the development of the SUBJECT PROPERTY, OWNER or DEVELOPER determines that any existing utility easements and/or underground lines require relocation to facilitate the completion of the development of the SUBJECT PROPERTY, the CITY shall fully cooperate with OWNER and DEVELOPER in causing the vacation and relocation of such existing easements and/or utilities. The CITY shall not require the OWNER or DEVELOPER to relocate and /or bury any of the existing over -head utility that are adjacent to the SUBJECT PROPERTY. The CITY shall fully cooperate with and support OWNER and DEVELOPER'S applications for access points to the SUBJECT PROPERTY located on Illinois Route 47 and 8 Galena Road with the Illinois Department of Transportation as well as Kendall County to insure proper development of the SUBJECT PROPERTY. The CITY shall require that the owners and /or developers of property immediately to the south of the SUBJECT PROPERTY establish cross - access easements with regard to any private drive located off of Route 47 The CITY agrees that such cross - access easements shall include the right of access by contiguous and adjacent property owners to access points onto the public right -of -way. Said access to be accomplished by crossing portions of adjacent land if necessary. The OWNER and DEVELOPER agree to provide cross - access easements on all lots within the SUBJECT PROPERTY and to the property adjacent to the southern border of the SUBJECT PROPERTY. If any off -site easement or license is determined by the OWNER and /or DEVELOPER to be necessary to facilitate development of the SUBJECT PROPERTY the CITY agrees to use it's best efforts to assist OWNER and/or DEVELOPER to pursue acquisition of any such easement. Within 30 days of a written request from the CITY, which includes legal descriptions and exhibits as necessary, the OWNER and /or DEVELOPER shall grant permanent and temporary construction easements as necessary for the construction and extension of CITY utilities and appurtenances and/or other utilities to serve the SUBJECT PROPERTY and other properties within the CITY. However, OWNER and/or DEVELOPER shall not be obligated to grant any temporary or permanent easements if such grant of easement would in any way encumber the SUBJECT PROPERTY. Furthermore, if an easement previously granted to the CITY is found to encumber the development and /or occupation of the SUBJECT PROPERTY it shall be the CITY'S sole obligation to relocate any such easement at the sole cost of the CITY. It is acknowledged between the Parties that the Raymond Facility will be constructed by the CITY to provide storm -water management for the entire SUBJECT PROPERTY, and the OWNER and DEVELOPER will contribute their pro -rated share toward construction of the Raymond Facility If the CITY is unable to construct the Raymond Facility which will serve the SUBJECT PROPERTY in a timely fashion commensurate with OWNER and DEVELOPER anticipated development of the SUBJECT PROPERTY then OWNER and /or DEVELOPER shall be allowed to undertake all or a portion of the construction of the Raymond Facility or provide the interim or temporary storm water storage on the SUBJECT PROPERTY as contemplated in paragraph 4(F) of this Agreement. The duration of use of said interim or 9 temporary storm water storage shall terminate once the Raymond Facility is able to accept the storm water from the SUBJECT PROPERTY at which time all storm water conveyance shall be sent to the Raymond Facility. If OWNER and/or DEVELOPER undertake any construction of the Raymond Regional Facility it is agreed to by the Parties that OWNER and DEVELOPER will be fully compensated by the CITY for constructing any such portion of said Raymond Facility. Compensation shall be granted to the OWNERS and DEVELOPER by the CITY based on a reduction in the amount of the required buy -in amount to participate in the Raymond Facility. The Parties will calculate the volume required to serve the SUBJECT PROPERTY, and then reduce that amount by calculating the amount of volume which was excavated by OWNER and/or DEVELOPER. OWNER and DEVELOPER will then only be required to buy -in based upon that reduced amount which takes into consideration the capacity excavated by OWNER and /or DEVELOPER. The Parties further agree that during the construction of the Raymond Facility any clay or top soil removed from the site may be utilized by OWNER and/or DEVELOPER for grading of the SUBJECT PROPERTY at no charge to the OWNER and/or DEVELOPER. The OWNER and DEVELOPER agree to provide a temporary access easement to the CITY a minimum of 50' wide across the SUBJECT PROPERTY to allow for a "haul route" to transport soil and/or clay from the Raymond Facility to Lot 1 of the SUBJECT PROPERTY until Lot 1 has been properly filled pursuant to approved engineering specifications. OWNER and DEVELOPER agree to provide a storm water conveyance route along the portion of the SUBJECT PROPERTY adjacent to Illinois Route 47 within the dedicated right -of- way as depicted in Exhibit "G "for use by the owner of the Northgate development, and other properties north of Galena Road as dictated by the CITY provided it does not interfere with the development of the SUBJECT PROPERTY. The DEVELOPER agrees to obtain written permission from the CITY prior to drawing the initial 1,000,000 gallon water charge necessary for the water park facility each year. It is understood by the Parties that this initial charge will likely occur each year during either the month of April or the month of May, and will occur during off peak hours to be determined and instructed by the CITY. Upon DEVELOPER'S compliance with the requirements of this paragraph the CITY agrees to grant said written permission without delay allowing for the initial charge of the water park facility. 10 6. SECURITY INSTRUMENTS. A. Posting Securitv. DEVELOPER shall deposit, or cause to be deposited, with the CITY such irrevocable letters of credit or surety bonds ( "Security Instruments ") to guarantee completion and maintenance of the public improvements to be constructed as a part of the development of each Phase of Development as are required by applicable ordinances of the CITY. The DEVELOPER shall have the sole discretion, subject to compliance with Illinois Compiled Statutes, as to whether an irrevocable letter of credit or surety bond will be used as the Security Instruments. The amount and duration of each Security Instrument shall be as required by applicable ordinances of the CITY. The City Council upon recommendation by the City Engineer, may from time to time approve a reduction or reductions in the Security Instruments by an amount not in excess of eighty five percent (85 %) of the value certified by the City Engineer of the completed work, so long as the balance remaining in the Security Instruments is at least equal to one hundred ten percent (110 %) of the cost to complete the remaining public improvements for the applicable Phase of Development. Perimeter roadways and onsite improvements may be dedicated, constructed, and/or bonded as independent Phases of Development at the sole discretion of the DEVELOPER, as long as adjacent phases are seventy percent (70 %) constructed B. Acceptance of Underground Improvements and Streets,. The CITY, once it has had the opportunity to inspect and fully confirm that the public improvements required to be constructed under this Agreement comply with CITY approved plans, specifications, and ordinances, shall approve all such public improvements, all in accordance with this Agreement, and shall accept their dedication subject to the DEVELOPER'S warranty, as described herein, and shall thereafter operate, maintain, repair, and replace all such public improvements located therein. The procedure for acceptance of improvements shall comply with CITY ordinances. DEVELOPER warrants that all public improvements required to be constructed by them hereunder shall be free from defects in workmanship or material for a 11 ' I period of one (1) year after acceptance thereof by the CITY. Upon notice from CITY, DEVELOPER shall promptly commence to remedy any defects covered by the foregoing warranties, and in addition thereto, in the event that any construction or build out activity within any Phase of the development of the SUBJECT PROPERTY is determined to have damaged any public improvements previously installed by DEVELOPER within the SUBJECT PROPERTY, then, upon notice thereof from the CITY, DEVELOPER shall promptly commence to repair or replace any and all public improvements so damaged. C. Reduction of Suretv Within sixty (60) calendar days after (a) receipt of notice from the DEVELOPER that certain of the public improvements and facilities within a phase of the SUBJECT PROPERTY under development have been completed, and (b) delivery to the City of all required documentation (including without limitation material certifications), the City Engineer shall inspect said improvements and indicate, in writing, either his approval or disapproval of the same. If such improvements are not approved, the reasons therefore shall, within said sixty (60) calendar day period, be set forth in a written notice to the DEVELOPER. Upon the DEVELOPER correction of the punch list items set forth in said notice, the City Engineer, at the DEVELOPER'S request, shall re- inspect the improvements to be corrected and either approve or disapprove said improvements, in writing within sixty (60) working days of receipt of the DEVELOPER'S notice requesting said re- inspection. As public improvements are partially completed and paid for by the DEVELOPER and accepted by the CITY the Security Instruments deposited by the DEVELOPER with the CITY, if requested by the DEVELOPER, may be proportionately reduced or released on an individual improvement -by- improvement basis. Notwithstanding anything herein to the contrary, the CITY shall have no obligation to reduce or release the last ten (10 %) of any Security Instrument provided hereunder until all DEVELOPER warranty obligations secured thereby have lapsed. 12 D. Construction of Offsite and Onsite Improvements OWNER and DEVELOPER shall be allowed to construct the required off site and onsite improvements simultaneously with the issuance of building permits for individual buildings, but it is understood that building permits may not be issued unless OWNER and /or DEVELOPER have provided adequate road access (i.e. gravel course or paved roads) to the lots for emergency vehicles and has provided sufficient water supplies for fire fighting purposes. All other offsite and onsite improvements (except final lift of bituminous asphalt surface on roads if weather, labor strikes, plant closings or any other condition or circumstance beyond DEVELOPER'S control prevents installation of such improvements), serving any said lot or building shall be installed by DEVELOPER and approved by the CITY, however, before an occupancy permit is issued for said buildings, the balance of the required onsite subdivision improvements not required to serve said buildings may be constructed in phases after issuance of the aforesaid occupancy permit, as the development on each phase progresses. E. Utilitv Permits The CITY shall issue permits to OWNER and DEVELOPER to authorize the commencement of construction of utility improvements on the SUBJECT PROPERTY or any Parcel or Phase thereof prior to: (i) approval of a final plat of subdivision; (ii) prior to construction of the CITY utility improvements provided, (1) such construction is undertaken at the risk of a parry seeking to undertake such work; (2) approved engineering plans for such improvements have been approved by the CITY that are sufficient in detail for the CITY to determine the nature and scope of the improvements being constructed: (3) the preliminary subdivision plat for the Phase upon which the improvements are being constructed has been approved by the CITY; and (4) the IEPA and the sanitary district, as applicable, have issued permits for the construction of sanitary sewer and water lines for the Phase or Unit on which the improvements are being constructed. The CITY agrees to process IEPA sewer and water permit applications separate and apart from the review of final engineering plans so that the IEPA will be in a position to issue such permits 13 II I prior to CITY approval of final engineering plans. OWNER and DEVELOPER acknowledge that the CITY signatures on the IEPA permit applications do not constitute final plat or plan approval. OWNER and DEVELOPER shall indemnify the CITY against any claims, actions or losses the CITY may suffer, sustain or incur because other governmental agency takes action against the CITY after OWNER and DEVELOPER undertake development activities pursuant to the provisions of this Subsection 6. 7. AMENDMENTS TO ORDINANCES All ordinances, regulations, and codes of the CITY, including, without limitation those pertaining to subdivision controls, zoning, storm water management and drainage, comprehensive land use plan, and related restrictions, as they presently exist, except as amended, varied, or modified by the terms of this Agreement, shall apply to the SUBJECT PROPERTY and its development for a period of five (5) years from the date of this Agreement. Any amendments, repeal, or additional regulations, which are subsequently enacted by the CITY, shall not be applied to the development of the SUBJECT PROPERTY except upon the written consent of OWNER and DEVELOPER during said five (5) year period. The CITY shall give the OWNER and DEVELOPER a six (6) month grace period from the date they are notified of any changes to the ordinances, regulations, and codes of the CITY in order to comply with the new regulations. After said five (5) year period, the SUBJECT PROPERTY and its development will be subject to all ordinances, regulations, and codes of the CITY in existence on or adopted after the approval of this Agreement. The foregoing to the contrary notwithstanding, in the event the CITY is required to modify, amend or enact any ordinance or regulation and to apply the same to the SUBJECT PROPERTY pursuant to the express and specific mandate of any superior governmental authority, such ordinance or regulation shall apply to the SUBJECT PROPERTY and be complied with by DEVELOPER, provided, however, that any so called "grandfather" provision contained in such superior governmental mandate which would serve to exempt or delay implementation against the SUBJECT PROPERTY shall be given full force and effect. 14 8. BUILDING CODE The City has adopted the International Building Code, which is updated approximately every three years. The building codes for the CITY in effect of the date of the building permit application will govern any and all construction activity within the Subject Property. 9. FEES AND CHARGES During the first five (5) years following the date of this Agreement, the CITY shall impose upon and collect from the OWNER and /or DEVELOPER, and their respective contractors and suppliers, only those permit, license, tap on and connection fees and charges, and in such amount or at such rate, as are in effect on the date of this Agreement and as are generally applied throughout the CITY, except for water meter fees and any other fees as otherwise expressly provided for in Exhibit "E" of this Agreement. At the expiration of this five year term, the CITY shall give the OWNER and DEVELOPER a six (6) month grace period from the date they are notified of any changes to the permit, impact, license, tap on and connection fees and charges in order to comply with the new regulations. DEVELOPER and CITY agree that the CITY will impose a five percent (5 %) admissions tax (hereinafter "Admissions Tax ") on the total net collected admission revenues collected by the water park facility commencing with the opening date of said water park facility throughout the duration of this Agreement. DEVELOPER will remit the total Admissions Tax to the CITY within thirty (30) days after the last operating day of a given season. For a period of ten (10) years the DEVELOPER, and CITY further agree that fifty -five percent (55 %) of any funds collected by the CITY as a result of the aforesaid CITY Admissions Tax will be rebated back to the DEVELOPER within thirty (30) days of receipt by the CITY to offset the DEVELOPER'S cost of constructing a public east/west road through lots 2 & 3. DEVELOPER agrees to provide the residents of the CITY a discount rate of forty (40) percent off the regular individual season pass price for the water park facility 10. CONTRIBUTIONS The City shall not require the OWNER and DEVELOPER to donate any land or money to the CITY, or any other governmental body, except as otherwise expressly provided in this Agreement. 15 11. COOPERATION IN PROGRAMMING. The DEVELOPER and the City's Park and Recreation Department agree to meet a minimum of once per year, on or before December 1, to jointly discuss ways of initiating cooperation in programming for the mutual benefit of the DEVELOPER, the City, and ultimately the residents of Yorkville. Cooperative efforts may be pursued in the creation, marketing and operation of programs, themed events, swimming lessons and other activities by mutual consent of both parties. Furthermore, the DEVELOPER shall grant the City's Park and Recreation Department opportunities to submit proposals and program ideas to the DEVELOPER and to partner with the DEVELOPER in the provision of said programs when it is agreed by both parties to be a mutually beneficial direction for the DEVELOPER, the City and ultimately the residents of Yorkville. In an effort to enhance ongoing cooperation between the DEVELOPER and the City's Park and Recreation Department, the Park and Recreation Department may periodically use the grass overflow parking areas, described in Section 4 -D of this Agreement, for special programming and or events when said parking areas are not in use. Use of said areas by Parks and Recreation must be scheduled in advance with the DEVELOPER and permission for such use shall be at the sole discretion of the DEVELOPER. 12. PROJECT SIGNS Following the date of this Agreement and through the date of the issuance of the final occupancy permit for the SUBJECT PROPERTY, OWNER and DEVELOPER shall be entitled to construct, maintain and utilize development identification, marketing and location signs on Route 47 and Galena Road, and at such other locations within the corporate limits of the CITY as OWNER and DEVELOPER may designate subject to sign permit review and issuance by the CITY. Development identification, marketing, and location signs located on the Route 47 and Galena Road shall be allowed to have a maximum surface area of one - hundred and eighty square feet (180), and shall be fifteen (15) feet high, and twelve (12) feet wide. Additionally, each out -lot within the SUBJECT PROPERTY shall be allowed an individual monument style sign on said lot a minimum of eight (8) feet high and fifty (50) square feet per side. Any Offsite Signs will not be located on public right -of -ways. OWNER and DEVELOPER shall be responsible, at its expense, for obtaining all necessary and appropriate 16 legal rights for the construction and use of each of the Offsite Signs. Each Offsite Sign may be illuminated subject to approval by the CITY. 13 CONSTRUCTION TRAILERS OWNER and DEVELOPER may locate temporary construction trailers upon the SUBJECT PROPERTY during the development and build out of the SUBJECT PROPERTY, provided any such trailer shall be removed within one (1) week following issuance of the last final occupancy permit. A permit will be required by the CITY for any trailer which will be connecting to electricity. I 14. CONTRACTORS TRAILERS. The CITY agrees that from and after the date of execution of this Agreement, contractor's and subcontractor's supply storage trailers may be placed upon such part or parts of the SUBJECT PROPERTY as required and approved by OWNER and DEVELOPER for development purposes. Said trailers may remain upon the SUBJECT PROPERTY until the issuance of the last final occupancy permit for the SUBJECT PROPERTY. A permit will be required by the CITY for any trailer that will be utilized as office space. All contractor's trailers and supply trailers shall be kept in good working order and the area will be kept clean and free of debris. No contractor's trailers or supply trailers will be located within dedicated right -of -way. 15. ROUTE 47 IMPROVEMENTS A. OWNER & DEVELOPERS Participation., The OWNERS and DEVELOPER agree to financially participate in the improvement of Illinois Route 47 adjacent to the SUBJECT PROPERTY and the cost of signalization at the intersection(s) of Route 47 at the proposed streets entering the SUBJECT PROPERTY pursuant to the terms of this Agreement. The OWNER and DEVELOPER shall make payments on a fair and equitable basis consistent with those payments made by other land owners contributing to the Route 47 improvement project between Base Line Road and Corneils Road However, OWNER and DEVELOPER portion of said Route 47 improvements shall under no circumstances exceed 16.42 % of the total cost of the project as depicted in Exhibit "H" 17 I B. Dedication of Land. Upon CITY verifying to OWNER and DEVELOPER that the funding mechanisms contemplated in the subsequent paragraphs are adequately provided for, then within 30 days of a written request from the CITY which includes legal descriptions and exhibits as necessary, OWNER and DEVELOPER shall by warranty deed grant fee simple title to the necessary right -of -way, as determined by the Route 47 Phase 1 Engineering Study to the Illinois Department of Transportation to provide the necessary land for widening of Route 47. It is expressly understood by the Parties that the CITY shall direct it's engineering consultant to minimize the amount of Route 47 realignment in preparing the Phase 1 Engineering Study. Furthermore before submission of the Phase 1 Engineering Study to the Illinois Department of Transportation the CITY shall meet with OWNER and DEVELOPER to discuss the Phase 1 Engineering Study. Lastly, it is agreed to by the CITY that OWNER and DEVELOPER shall not be obligated to dedicate any land or grant any easements for the widening and /or realignment of Route 47 other than as stated in this Agreement. C. Value of Land Dedication and Credit., The Parties agree that the land which is to be dedicated to the Illinois Department of Transportation to provide the necessary right of way for the widening of Route 47 shall be valued at the higher of either a fixed value of two- hundred and seventy -five thousand dollars ($275,000.00) per acre, or based upon a real estate appraisal of said land to be conducted as part of the Phase 1 Engineering Study for the project The Parties further agree that the value of the land to be dedicated for widening of Route 47 will be added into the total gross cost calculations of improving Route 47, and OWNER and DEVELOPER will be credited for said land dedication through a reduction in the amount they are required to contribute for Route 47 improvements and /or signalization. Therefore, OWNER and DEVELOPER'S required cash contribution toward improving and /or signalizing Route 47 will be reduced by the dollar value of the parcel of land which they shall dedicate to the Illinois Department of Transportation. i Furthermore, OWNER and DEVELOPER shall not be required to make any cash contribution toward the construction of Route 47 improvements, and/or signalization until the credits for the land dedication described in the preceding paragraph have been applied to OWNER and DEVELOPER'S portion of Route 47 construction and/or signalization. For example, if the cost of the land to widen Route 47 is valued at two million dollars ($2,000,000.00), and the cost of improving and/or signalizing Route 47 is twenty million dollars 18 ($20,000,000.00), the total cost of the project would then be calculated to be twenty -two million dollars ($22,000,000.00). Assuming that the OWNER and DEVELOPER share of the improvement cost of Route 47 was assessed at sixteen (16) percent, then their required contribution would be three million eight hundred and forty thousand dollars ($3,840,000). The OWNER and DEVELOPER would be credited for the two million dollar ($2,000,000) land dedication and would then be required to contribute one million eight hundred and forty thousand dollars ($1,840,000) toward Route 47 improvements and/or signalization. i D. Tax Rebate Agreement. To offset the land cost associated with the OWNER and DEVELOPER'S land dedication required by the CITY for Route 47 widening, as well as any improvements and /or signalization along Route 47 mandated by the Illinois Department of Transportation, the CITY agrees to enter into a sales tax rebate agreement with OWNER and DEVELOPER. Consistent with the terms of this Agreement the CITY shall place in a separate account for the benefit of OWNER and DEVELOPER fifty percent (50 %) of the CITY'S one percent (1 %) portion of the State Retailer's Occupation Tax received by the CITY as a result of the development of the SUBJECT PROPERTY. The period of computation of the sales tax rebate agreement will begin separately for DEVELOPER, and OWNER when OWNER undertakes development of Lot 1. The period of computation shall begin for DEVELOPER, and OWNER upon occupancy of the first unit of commercial retail development within each respective Lot on the SUBJECT PROPERTY, and will continue for a period of twenty (20) years or until the OWNER and DEVELOPER have been rebated one hundred percent (100 %) of their Route 47 land dedication, as well as one - hundred percent (100 %) of any required Route 47 improvements and/or signalization including but not limited to design, engineering, as well as six percent (6 %) interest whichever occurs first. It is further agreed by the Parties that the benefits contemplated under the sales tax rebate agreement are assignable at the sole option of the OWNERS and /or DEVELOPER as to their portion of the sales tax rebate. Upon written assignments by the OWNER and/or DEVELOPER such assignees shall have all rights currently vested in OWNER and /or DEVELOPER under the sales tax rebate agreement and applicable law, and shall be entitled to enforce such rights through any equitable or legal action. If any portion of lots 1, 2, 3, or 4 are sold by OWNER or DEVELOPER, OWNER and DEVELOPER shall be entitled to continue to receive payments for their expense in dedicating land, improving, and/or signalizing Route 47 pursuant to the 19 sales tax rebate agreement unless specifically assigned by OWNER and/or DEVELOPER. OWNER and/or DEVELOPER may assign a portion or all of their rights under the terms of the sales tax rebate agreement to any future developer, owners, institutions, or individuals at the OWNER'S and /or DEVELOPER'S sole discretion Lastly, if DEVELOPER fails to purchase lots 2 & 3 from OWNER then OWNER reserves the right to retain the sales tax rebate for itself upon development of the SUBJECT PROPERTY, or assign the sales tax rebate to an alternative purchaser of Lots 1, 2, 3, & 4 at it's sole option. E. CITY and State Cooperation to Improve Route 47. It is contemplated between the Parties that the CITY will make every reasonable effort to create a Business District which would allow for the generation of additional sales tax revenue on the SUBJECT PROPERTY, at a rate of no more than an additional one percent (1 %) tax. If the CITY is successful in obtaining the additional tax revenues through the State of Illinois, then one hundred percent (100 %) of all revenues received as a result of the aforesaid additional tax would be rebated back to the OWNER and DEVELOPER by CITY as reimbursement for OWNER and DEVELOPER'S costs incurred in dedicating land, improving and /or signalizing Route 47. Furthermore, the CITY agrees to make every reasonable effort to petition the State of Illinois to relinquish a percentage of the State's portion of the State Retailer's Occupation Tax, and pay any such funds relinquished directly to the CITY. If the State of Illinois enters into such an agreement with the CITY to release any portion of the State's share of the State Retailers Occupation Tax then one - hundred percent (100 %) of such funds shall be paid by the CITY to the OWNER and DEVLOPER to help offset the OWNER and DEVELOPER'S extraordinary expenses incurred in dedicating land, improving and/or signalizing Route 47. As an incentive for the CITY to pursue the creation of a Business District and/or petition the State of Illinois to relinquish a portion of the State's State Retailer's Occupation Tax on behalf of OWNER and DEVELOPER as specified in the preceding paragraphs, and the CITY does so secure either of the two aforementioned mechanisms in an amount not less that one percent (1 %) for a period of twenty (20) years, or until the OWNER and DEVELOPER have been rebated one hundred percent (100 %) of all expenditures incurred in dedicating land, improving and/or signalizing Route 47 including but not limited to design, engineering, and six percent (6 %) interest, then OWNER and DEVELOPER agree to reduce the term of the sales tax rebate between the Parties from twenty (20) years to ten (10) years. The reduced term of the 20 sales tax rebate agreement contemplated herein shall commence with the enactment of said Business District and/or relinquishment of a portion of the States share of the State Retailer's Occupation Tax in an amount not less than one percent (1 %). If the State of Illinois agrees to refund a portion of it's State Retailer's Occupation Tax and/or a Business District Tax is enacted which either separately or cumulatively result in a two percent (2 %) or greater sales tax rebate to the OWNER and DEVELOER, for a period of twenty (20) years, or until the OWNER and DEVELOPER have been rebated one hundred percent (100 %) of all expenditures incurred in dedicating land, improving and /or signalizing Route 47 including but not limited to design, engineering, and six percent (6 %) interest then the Parties agree that the sales tax rebate agreement mandated in paragraph 15(D) shall become null and void, and the CITY shall be entitled to keep one - hundred percent (100 %) of it's share of the State Retailer's Occupation Tax. It is also understood by and between the Parties that subsequent to the execution of this Agreement the CITY may explore and implement an alternative method of financing the required Route 47 improvements, which alternative may not have been contemplated in this Agreement, such as the establishment of a TIFF district, Special Service Area, or Bond Financing. If subsequent to the execution of this Agreement the CITY establishes such an alternative form of funding to improve Route 47 then the OWNER and DEVELOPER shall have the right to participate in any such alternative form of financing if they should so choose at their sole option. 16 OVERSIZING OF IMPROVEMENTS Recapture Agreement. In the event the CITY requests OWNER and/or DEVELOPER to construct a CITY improvement beyond that needed for the proposed development or other public improvement, including oversizing and or deepening of such improvements, which will serve property other than the SUBJECT PROPERTY, and benefit the CITY as a whole, then the CITY agrees to grant a recapture agreement for the benefit of the OWNER and /or DEVELOPER for such expenses including engineering, construction, and other costs including a six percent (6 %) interest fee, which may reasonably be expected to be incurred by the OWNER and/or DEVELOPER. 21 17. LIMITATIONS In no event, including, without limitation, the exercise of the authority granted in Chapter 65, Section 5/11 -12 -8 of the Illinois Compiled Statutes (2002) ed., shall the CITY require that any part of the SUBJECT PROPERTY be dedicated for public purposes, except as otherwise provided in this Agreement. 18 DISCONNECTION OWNER and DEVELOPER shall develop the SUBJECT PROPERTY in accordance with the terms of this agreement, and shall not, as either the OWNER or DEVELOPERS of said property, petition to disconnect any portion or all of said property from the CITY or from any service provided by the CITY. 19. CONFLICT IN REGULATIONS The provisions of this Agreement shall supersede the provisions of any ordinance, code, or regulation of the CITY which may be in conflict with the provisions of this Agreement. 20. TRANSFER. OWNERS and /or DEVELOPER may assign this Agreement without CITY approval, but only in connection with its conveyance of all or any part of the SUBJECT PROPERTY, and upon said assignment and acceptance by an assignee, the OWNER and/or DEVELOPER shall have no further obligations hereunder as to the portion of the SUBJECT PROPERTY so conveyed, but shall continue to be bound by this Agreement and shall retain the obligations created thereby with respect to any portion of the SUBJECT PROPERTY retained and not conveyed. If OWNER and/or DEVELOPER or its successors sell a portion of the SUBJECT PROPERTY, the seller shall be deemed to have assigned to the purchaser any and all rights and obligations it may have under this Agreement (excluding rights of recapture, reimbursement proceeds, admission tax rebate proceeds, sales tax rebate proceeds, and business district tax proceeds) which affect the portion of the SUBJECT PROPERTY sold or conveyed and thereafter the seller shall have no further obligations under this Agreement as it relates to the portion of the SUBJECT PROPERTY so conveyed, but any such seller shall retain any rights and obligations it may have under this Agreement with respect to any part of the SUBJECT PROPERTY retained and not conveyed by such seller. Notwithstanding any such assignment of this Agreement or any such sale or conveyance, unless the successor to or assignee 22 of the DEVELOPER of all or a portion of the SUBJECT PROPERTY shall have deposited and substituted its letter of credit as security for the construction, repair and maintenance of roadway or other public improvements with the CITY, the OWNER, DEVELOPERS or other seller though otherwise released from all obligations hereunder, shall keep its letter of credit on deposit with the CITY until such time as the OWNER, DEVELOPER. or the successor to or assignee of the OWNER, DEVELOPER have provided a substitute letter of credit. 21. LIABILITY OF OWNER It is expressly understood and agreed by and among the Parties hereto that all responsibility of OWNER under this Agreement shall be extinguished simultaneously with the transfer of title to any portion of the SUBJECT PROPERTY, as to that particular portion of the SUBJECT PROPERTY from the OWNER to any Purchasers, including but not limited to the DEVELOPERS herein. Thereafter, the purchasers or DEVELOPER assume all of the responsibilities and obligations of the OWNER under this Agreement. It being understood and agreed, however, that OWNER shall also have no obligation to perform the obligations of the DEVELOPER, unless said OWNER agrees in writing to assume said obligations. 22. GRADING The CITY will permit the OWNER and DEVELOPER to grade within the SUBJECT PROEPERTY.before final plat approval for any particular phase of the development of the SUBJECT PROPERTY is granted, under the following conditions. A. Prior to commencement of work for any phase, the CITY engineer shall review and approve the OWNER and /or DEVELOPER'S preliminary grading plans for such phase, including interim storm water management, erosion and sedimentation control measures. B. the OWNER and /or DEVELOPER shall assume all risk for such work performed on the basis of the preliminary grading plan and shall agree to modify graded, if so required to satisfy the final approved grading plan and conditions of the final plat and final engineering approvals. C. The OWNER and/or DEVELOPER shall provide the CITY an acceptable form of surety to provide funds for the restoration of the site or correction of any noncompliant conditions that may exist in connection with OWNER and/or DEVELOPER grading and earthmoving and clearing activities. 23 D. The OWNER and DEVELOPER shall comply with all aspects of the CITY'S erosion and sediment control ordinance. 23. GENERAL PROVISIONS A. Enforcement This Agreement shall be enforceable in the Circuit Court of Kendall County by any of the parties or their successors or assigns by an appropriate action at law or in equity to secure the performance of the covenants and agreements contained herein, including the specific performance of this Agreement. This Agreement shall be governed by the laws of the State of Illinois. B. Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the OWNER, DEVELOPER, and their successors in title and interest, and upon the CITY, and any successor municipalities of the CITY. It is understood and agreed that this Agreement shall run with the land and as such, shall be assignable to and binding upon each and every subsequent grantee and successor in interest of the OWNER and DEVELOPER, and the CITY. C. Binding Effect. This Agreement contains all the terms and conditions agreed upon by the parties hereto and no other prior agreement, regarding the subject matter hereof shall be deemed to exist to bind the parties. The parties acknowledge and agree that the terms and conditions of this Agreement, including the payment of any fees, have been reached through a process of good faith negotiation, both by principals and through counsel, and represent terms and conditions that are deemed by the parties to be fair, reasonable, acceptable and contractually binding upon each of them. D. Notices. Notices or other materials which any party is required to, or may wish to, serve upon any other party in connection with this Agreement shall be in writing and shall be deemed effectively given on the date of confirmed telefacsimile transmission, on the date delivered personally or on the second 24 I I business day following the date sent by certified or registered mail, return receipt requested, postage prepaid, addressed as follows: (I) If to OWNERS Betty O'Keefe Family Limited Partnership c/o Kim O'Keefe 5576 Hwy 50 Suite 8 Delavan, WI 53115 with copies to: Scott Christian Thorpe, Compton & Christian, S.C. 1624 Hobbs Drive, Suite 1 Delavan, WI 53115 (II) If to The Lundmark Group, LLC Randy Witt DEVELOPER: 5349 W. Cinema Drive Hanover Park, IL. 60133 with copies to: John Philipchuck Dommermuth, Brestal, Cobine &West Ltd 123 Water St. Naperville, IL 60566 Fax: (630) 355 -5976 James N. Urhausen The Urhausen Group 1650 E. Main Street St. Charles, IL. 60174 with copies to: Kate McCracken Attorney at Law 1.001 E. Main Street Suite G St. Charles, IL. 60174 (IV) If to CITY: United City of Yorkville Attn: City Clerk 800 Game Farm Road Yorkville, I160560 Fax: (630) 553 -7575 with a copy to: Kathleen Field On 800 Game Farm Rd. Yorkville, 11 60560 Fax: (630) 553 -7575 25 or to such other persons and /or addresses as any party may from time to time designate in a written notice to the other parties. E. Severabilitv This Agreement is entered into pursuant to the provisions of the I Agreements With Owners of Record Act of the Illinois Municipal Code (65 ILCS 5111- 15.1 -1, et seq) In the event any part or portion of this Agreement, or any provision, clause, word, or designation of this Agreement is held to be invalid by any court of competent jurisdiction, said part, portion, clause, word or designation of this Agreement shall be deemed to be excised from this Agreement and the invalidity thereof shall not effect such portion or portions of this Agreement as remain. In addition, the CITY and OWNER and DEVELOPER shall take all action necessary or required to fulfill the intent of this Agreement as to the use and development of the SUBJECT PROPERTY. F. Agreement This Agreement, and any Exhibits or attachments hereto, may be amended from time to time in writing with the consent of the parties, pursuant to applicable provisions of the City Code and Illinois Compiled Statutes This Agreement may be amended by the CITY and the owner of record of a portion of the SUBJECT PROPERTY as to provisions applying exclusively thereto, without the consent of the owner of other portions of the SUBJECT PROPERTY not effected by such Agreement. G. Convevances Nothing contained in this Agreement shall be construed to restrict or limit the right of the OWNER and DEVELOPER to sell or convey all or any portion of the SUBJECT PROPERTY, whether improved or unimproved. H. Necessary Ordinances and Resolutions The CITY shall pass all ordinances and resolutions necessary to permit the OWNER and DEVELOPER, and their successors or assigns, to develop the SUBJECT PROPERTY in accordance with the provisions of this Agreement, provided said ordinances or resolutions are not 26 contrary to law. The CITY agrees to authorize the Mayor and City Clerk to execute this Agreement or to correct any technical defects which may arise after the execution of this Agreement. I. Term of Agreement The term of this Agreement shall be twenty (20) years. In the event construction is commenced within said twenty -year period all of the j terms of this Agreement shall remain enforceable despite said time limitation, i unless modified by written agreement of the CITY, DEVELOPER, and OWNER. J. Captions and Paragraph Headings. The captions and paragraph headings used herein are for convenience only and shall not be used in construing any term or provision of this Agreement. K. Recording This Agreement shall be recorded in the Office of the Recorder of Deeds, Kendall County, Illinois, at OWNER and DEVELOPER'S expense. L. Recitals and Exhibits The recitals set forth at the beginning of this Agreement, and the exhibits attached hereto, are incorporated herein by this reference and shall constitute substantive provisions of this Agreement. M. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same document. N. No Moratorium. The CITY shall not limit the number of building or other permits that may be applied for within any approved phase due to any CITY imposed moratorium and shall in no event unreasonably withhold approval of said permits or approval for the Final Plat of any Phase of the Subject Property Nothing contained herein shall affect any limitations imposed as to sanitary sewer or water main extensions by the Illinois Environmental Protection Agency, 27 Yorkville- Bristol Sanitary District, or any other governmental agency that preempts the authority of the United City of Yorkville. O. Time is of the Essence Time is of the essence of this Agreement and all documents, agreements, and contracts pursuant hereto as well as all covenants contained in this Agreement shall be performed in a timely manner by all parties hereto. P. Exculpation It is agreed that the CITY is not liable or responsible for any restrictions on the CITY'S obligations under this Agreement that may be required or imposed by any other governmental bodies or agencies having jurisdiction over the SUBJECT PROPERTY, the CITY, the DEVELOPER and OWNER, including, but not limited to, county, state or federal regulatory bodies. I �I I i �I 28 IN WITNESS WHEREOF, the parties hereto have set their hands and seals to this Agreement as of the day and year first above written. CITY: DEVELOPER UNITED CITY OF YORKVILLE, The Lundmark Group LLC, an Illinois municipal corporation an Illinois limited liability company, contract purcha and d ve pe of 1 2&3 By: J ��tl By.' Title: Mayor Manag 1— Attest. _ I tl�Ci lerk OWNER: BETTY O'KEEFE FAMILY LIMITED PARTNERSHIP An Illinois Limited Partnership By: Betty O'Keefe Properties, L.L.C., eneral Partner By: Kim W. O'Keefe, M ager 29 LIST OF EXHIBITS EXHIBIT "A" Legal Description & Plat of Annexation EXHIBIT `B" Plat of Zoning EXHIBIT "C" Draft Preliminary Plat EXHIBIT "D" Lot 2 & 3 Legal Description EXHIBIT "E" Fee Schedule EXHIBIT "F" Restricted B -3 Service Business District Uses EXHIBIT "G" Regional Storm Water Conveyance Route EXHIBIT "H" Route 47 Improvement Estimates EXHIBIT "I" Raging Waves Water Park Main Entry Sign II 30 Exhibit "A" Description of O'Keefe parcel That part of the west half of Section 9, Township 37 north, Range 7 east of the Third Principal Meridian described as follows: commencing at the southeast corner of the northwest quarter of said Section; thence west along the south line of said northwest quarter, 14.28 chains for a point of beginning; thence N 14 °50'E, 30.14 chains to the center line of Galena Road; thence northwesterly along the center line of said Galena Road to the west line of said Section; thence south along said west line to the southwest corner of the northwest quarter of the southwest quarter of said Section; thence east along the south line of said northwest quarter of the southwest quarter, 19.75 chains to a point 1 rod west of the southeast corner of said quarter quarter; thence northeasterly to the point of beginning (except that part lying westerly of the center line of Illinois Route 47) in the Township of Bristol, Kendall County, Illinois. Q H m _ Existing �I Corporate Boundary Map of lands annexed to the United City Yorkville S / .. m.. r....m „)..mlw.. >.... .iwiuwm:�a�w � ae.ae.a.. m s . ..: wmmmel.e •1 a.. i.0 7' W s..a.m.em...w a• us m w am...... m..�.ra.. .mw�m..m.e.rm..m.a.�m. •...� .r W s.a. ur...e..m. �' � '� CIy�Y.ek•N r ��vW1�.�WY�eLILmtlW� i I i i Territory Annexed yy S 0.139.93G J 140.93.ca. 6.q. I 3.863 852 ... 3.663.632.q.B. 134.61 aev. 0 M S I.W.115 J 4.OD. Se]y5O] -W N�erY 7 ' N 0 „ 0 N State of Illinois County ofKendall S.S. b] W.m ¢Ymk.1e., 01hm4 Lit W n+yQ L e Cey Cl.as 9JL mms N.W. 1I1 M) »m a 1 �.... e.a Val -1 vl I State of Illinois County ofDuPage} S.S. ThY Y m ..Nry d.. Ll.6e CN. � X-b, VNSd Existing aa. ­ � e . I U7.(Ymkle.. � Corporate Boundary I� SL I �I I I �1 L.mama o....Iyc r �Yi�'R. '.X71OCj12 & ..�S5OC{Q.YCS •� D•°� A2UOGl � Annexation Map ` Civd!DWimers PG +, anerga.r...¢D..�.6w•+6e.6, .>l .0 fro4+u+>n •I� /4rN+ar.>ar len: 6.W7 1 m m Imo_ J M° r Plat of Zoning =�r • �� �a.. �m�rers�ve r..e..e.b >rema.�e > raeds.r mram a..�.a � mn.ee e®.be a,:.wmm W. � mmm m4'>eq 7°.+4 drA m w. s,� w. ercam. Asd a,a•m z b a 9 6,139,936 rgJL � 740.95 ears veos �hvive 5,863 ab .q.f 5,86].852 .q.8: 13x.61 scar Sd N.W.f /4 r.os. ssrasvr^W s.e. wr -r 7usm d a Entire property to be zoned United City cfYorkville B -3 i 2 Service Buenos Disltict S p y t R Fp P 7 Z ' Al S.W. anw S f/4 . N.W.1I4 � J= 10 �64eh v.Srr >. >ee ls • N1 ] i 1 I I � I I I norm.. Oufg r Re 'Xhodii¢ & JWociatP.S I °isi I Plat of Zoning 9 civiCEngineers, P.0 �p &W71 1 >. fmrnfa. mu¢ Rr.rt.Ga+aJ�°tre°w °1 MS+rry h>RSa+tl•,as 1 3°a b.aB7 U F- m_ n ly 5 M °1 Proposed Subdivision / / / y �tl.. TW,�aYMd°J lwd n.�m W:i m.n,M r" / / /� ` 1 • Y,a6,tleerl •/ d 6,139, 936 rq.R 140.95 tciv / Lnc °f6ue .f. dedlwmd / � 118M1n_e4wry: 5.863,852 rq.fh / 134.61 relm I 3,006.923 sq_ft. / 69_02 acres Td—k. / be aby: 348.381 q.(L 7.99- 9 d1A a 4vo pipe .e dl be rnmm veepe yr nemd. • I/,e�e�•••TTT, D1m®d°m 6 1n eh.1.n and 8..b kW..ad. (r) oe d / [bet and d°dmY pun eb°.eef. ra 331203 q-ft. a R J 7.21 acres s nc � a 9A ao� Z I aa+ 1 I IN o p ey , sersao>^w a > - ' Awe>•an•4a ice I 3 ? n 1,361,407 sq_ft. y6 31.25 acres FI & ° I a �a II q a +ann I z I Z l E 832,650 sq.ft. 19.11 acres II sw.°e,.,e fr9 f9 y 9Ji_> \ I I I I I I 1 1 I Y,•p„.d 8m Y1� G Crafg R xiwche &Avociates m,•�. �o.n 91106) • Plat of Subdivision � � PG ..a �, 64)07M a. xan6an„ nrshut. 6e: rw J@ro6e°w•J�nl4°)w+rsY•J.r(4dw+m 1)eb, 6.00 1 Exhibit "D" Description of Lots 2 & 3 That part of the west half of Section 9, Township 37 north, Range 7 east of the Third Principal Meridian described as follows: commencing at the southeast corner of the northwest quarter of said Section; thence west along the south line of said northwest quarter, 14.28 chains for a point of beginning; thence S 15 °34'22 "W along the east line of lands described in Document 2005035985, 716.99 feet; thence S87 °56'46 "W, 1452.82 feet to the east line of Illinois Route 47; thence N1 °06'54 "W along said east line of Route 47; 100.38 feet; thence NO' 19'02"E along said east line of Route 47, 200.05 feet; thence N1 °06'54 "W along said east line of Route 47, 373.63 feet; thence N87 °56'46 "E, 213.36 feet; thence northeasterly along a circular curve having a radius of 315.00 feet concave to the northwest, the chord of which bears N61 °01'02 "E, 296.10 feet; thence northeasterly along a circular curve having a radius of 385.00 feet concave to the southeast, the chord of which bears N55 °35'01 "E, 288.88 feet; thence N77 ° 04'45 "E, 476.89 feet; thence easterly along a circular curve having a radius of 315.00 feet concave to the north, the chord of which bears N70 °39'36 "E, 70.58 feet to a point on a line 500 feet westerly of and parallel with said east line of lands described in Document 2005035985; thence N 13 °37' 14 "E along said parallel line, 828.19 feet; thence S76 °22'46 "E, 500.00 to said east line of lands described in Document 2005035985; thence S13 ° 37'14 "W along said east line of lands described in Document 2005035985, 1084.23 feet to the point of beginning in the Township of Bristol, Kendall County, Illinois. Area: 1,847,234 sq.ft. 42.40 acres United City of Yorkville EXHIBIT E J� All County Seat of Kendall County 800 Game Farm Road esT .,eas Yorkville, Illinois, 60560 - Telephone: 630- 553 -4350 O f r` _I"' =` Fax: 630 553 - 7575 Website: www.yorkvilleJl.us Ce COMMERCIAL PERMIT FEES P e rmit/Plan Review Building Permit $750.00 plus $0.20 per square foot Plan Review Based on building size (See Attached) Contributions Development Fee $3000.00* - See Attached Ordinance 2004 -55 (Increase in Bristol - Kendall Fire Protection District Fee) Water /Sewer Sewer Tap SeT Attached Ordinance #196 -11 Water Tap Water Meter Size Water Connection Fee 1 $ 3,700 1 1 /2" $ 4;000 2" $ 5,000 3 $ 8,000 4" $15,000 6" and larger TBD Water Meter Water Meter Size Rater Meter Price 1" $ 485.00 $ 790.00 2" $2800.00 3" $3550.00 4" $5420.00 6" $8875.00 Engineering Inspections $60.00 River Crossing Fee $25.00 per drain unit. See attached Ordinance 97 -11 * *Engineering and Landscaping review fees will be billed separately. * ** Please call the Yorkville Bristol Sanitary District for sanitary permit fees (630) 553 -7657 EXHIBIT E IYIULTITL'E-FAI ALLY MALSIDEIN USE GROUPS J21 A. 'Neu: •orstruction Per Unit S350M plus $0.15 per s,.E B,. Remodeling Per Uin.1i 1175.00phus$Mo per S. C. Detached Garage Per Unit without Elec'uical $50.00 D. Detached Galrage Per Unit with Electrical $100-00 E. Temporary to S& Construction 25% of frull permit fee, not to be -applied to the full permit fee F. Temporary C?, of O=kipaacy w-hen Rtquesttd by $50 per unit(non-refumidable) the Builder whtn CiTcuirlstances I jo Not Warrant A Y T CTS GROUPS .0 O THER A. New Conswiction $750.00 plus $0.20'per square fooi B. Additions $500,00 p $0,20 per solaare foot C. Remodel g $350.00 plus $0.10 per square- foot D. Tempora-y to Start Cons' mactim 25% of full permit fee, :.tot to be applied to the full perinit fee E. Temporary Certificate , of Occqpancy when Requested 'by' $200,00 (non-refund.able) the D when Circumstances D6 Not WaiTant VOTE: Building permit fee does not include the plea review fet-foT ' .he the farn residential tise gou*p" F 9d "other use group" categories. The plan rayiew fee xill be baser . o-11 the schedule following die pe=z faes. Plan review fees to - the, il15pell` Uorl W b I fkm wi e paid at. - the same time as the building permit fee. - EXHIBIT E e s ch e du les.) T (.Alla,y , due 4 ou_fuxde consultant's ULDENG CODE Building Size Fee i to 60,000 cubic feet $355.00 60,00 to 80,000 cubic free, $400.00 5 0,001 - to 100;000 cubic feet $475,00 100,001 to 150,000 cubic feet 5550.00 15o),m] to 200,000 Cubic feet S650,00 over 200,000 cubic feet $65-0.00 $6,50 per 10,000 C'abir- feet ove7 200,000 RP11\40DELING PIAIN RRVT 2/2 of Plus-) Revi ew , Fee Listed Above F,I,El CTRIC-AL, YACIIANICAL, OR PLUMBING PL-fuN R�E`VaW ONLY 1/4 of ?Ian Review Fee Listed Above FIR rE DETECTION11-kLA-P-M $YSTE $115,00 per 10,000 squaw fe,-,A of floor area FIRY, SPRINKLER SYSTEM Numb of Sprinklers Alur n Pipe -Schedule Hyda rulic Calculated Up to 200 5250.00 $500.00 $300.00 S575.00 301-500 5400.00 S 7 75.00 Over 500 $450.00 $8510.00 PLUS, for each Sprinkle.- over 500: 50.60/each $0.95/each AUTERNATEPME SUPPRESSION SYSTEMS Standpipe $175.00 per -Standpipe Riser (Na c. with Sprin-U-cr Review) ,Special tad Exlilnguish= Agent (Dry or Dihier Chemic?d Agent) 1125.00 per 50 pounds Hood L Dud Cooking T" ti ;J sher Agem .1 :50.04 flat rate Per System. . -c m 4 -'- 1 a t 1 E: 1_1 ny plan to be s-na t o an outside con . de s I .a:, t inspection firm. Outside con.51111t= f-be(s) will be ch-arged andl that fee paid directiy to f- ho outside coasultant- EXHIBIT E STATE OF LL!�OIS j COUNTY OF KENTALL j ORDINANCE 2004 - 55 AN' ORDLINIA SCE AMENDING ORDINANCE NO. 2003 -31 AN ORDINANCE. SETTING FORTH TIME STANDARDS AND REGULATION FOR PAYMENT FOR DEVELOPMENT' AND EXTENSION OF UTILITY COSTS UPON ,AININEXATION AND /OR PLANNED UNIT DEVELOPMENT TO PROVIDE FOR. AN INCREASE IN THE BRISTOL KENDALL FIRE PROTECTION DISTRICT FEE WHEREAS, the UMTED CITY OF YORKVILLE is canently experiencing a substantial increase in population, together with the need to expand existing municipal services to provi&- for orderly growth anal adequate mil- iicipal services; and' �VFIEREAS, the BRISTOL KENDALL FIRE ,PROTECTION DISTRICT provides f ire protection emergency medical services and rmcue services for the UTTITED CITY OF Y ORKVILLE; and WHEREAS, the UNITED CITY OF YOR `VT-LE has thoroughly reviewed the need for expanding municipal services and the need. for capital purchases and-reviewed the study conducted by the BRISTOL KENTDALL FIRE -PROTECTION DISTRICT, a copy of which is attached hereto and incorporated herein by reference, to support increases in the fees provided herein; and 111EREAS, the UNITED CITY OF YORKVI LE has thoroughly reviewed the cost to be incuired to provide for the expansion of said City; and -1- i EXHIBIT E TWHEREA.S, the City has determined that thne following fees bear a rational relationship to he costs anticipated to be incurred by the va_nous govexra'rzental entities and depa�u cents of ;liz City to be atff eGtBd; and. WHEREAS, tie UNITED CITY OF YORKVILLE has previously enacted Ordinance?-11o: 2003 -31 Whdch set standards and regulations for payment of the extension and development of capital costs for utility and governmental purposes; and WHEREAS, one component of that Ordinance was to collect the sum of Three Hundred and 00100 dollars ($300.00) for the acquisition of equipment and vehicles, mai=ntenance of the BRIS'T'OL KE3N L FIRE PROTECTION DISTRICT, and for other capital purchases of said BRISTOL Kn='NDALL FIRE PROTECTION'DISTFJCT; and WTIEREAS, the UNITED CITY OF YORKVILLE has been requested by the BRISTOL KENDALL FIRE PROTECTION DISTRICT to increase the amou - nt of said fees to the sum of One Thousand and 001 Dollars ($1,000.00) per single - family residential dwelling unit and single - family attached dwellings including, but not limited to, duplexes and town homes; and 'WITTEREAS, the "UNITED CITY OF YORKVILLE has been requested by the BRIS'T' KEND ALL FIRE PROTECTION DISTRICT to increase the amount of said fees to the sum of Five Hundred and 00/00 Dollars (S500.00) per unit of any multifamily stracture, including, but not limited to, apa_lment buildings; and WI-IEREAS, the UNITED CITY OF YORKVILLE has been requested by the BRISTOL KENDALL FIRE PROTECTION DISTRICT to increase the amount of said fees for all other occupancy classificed -ons as follows: i EXHIBIT E a. The sum of 10.0 ce,tt, per squaw foot, with a miraaxx fw of Ore Thousand 00 /00 Dollars ($1,000.00) effective as of January 1, 2005 up and to April 30, 2006. b. The sum of 12.0 cents per square foot, with a min imurn fee of One Thousand Two Hundred and 00 /00 Dollars ($1,200.00) effective from May 1, 2006 up and-to April 30, 2007. I C, The sum of 15.0 cents per square foot, with a rcainimurn fee of One Thousand Five Hundred and 00 /00 Dollars ($ 1,500.00) effective from May 1, 2007 NOW THFREFORE, the V -vTTED CI'T'Y OF YOR13TILLE, does upon Motion duly made, seconded and approved by a maiority.of those voting does hereby ORDAIN: I Ordinance 2003-3, 1 is her amended to increase the Development Fee for the BRISTOL K END.4.LL FIRE PR0 TE CTTON DISTRICT p ayabie per sin gle faauily residential dwelling unit and per single - family attached dwelling iaacluding, but not limited to, duplex and town home residential dwelling units from Three Hundred and 00 /00 Dollars ($300.00) to One Thousand and 00 /00 Dollars ($1,000.00) for each urzt annexed, zoned, and platted on and subsequent to the effective date within the 'United City of Yorkville on a subsequent to the rff6ctive date of January 1, 2005 payable at the time of issuance of building permit, or payable at the time of building permit for each unit annexed and zoned writhin the United City of Yorkville on and subsequent to the aforementioned effective date. 2. Ordnance 2003 -31 is hereby amended to increase the Development Fee for the BRISTOL KENDAT. L FIRE PROTECTION i}.. ISTRICT per unit of any _3_ EXHIBIT E multlmily structure, including, but not limited to, apartment buildings to Five Hundred and 00/00 Dollars ($500.00) for each unit annexed, zoned, and platted for multifamily residential development within the United City of Yorkville on and subsequent to the effective date of January 1, 2005, payable at the time of issuance of building permit, or payable at the time of building permit for each unit annexed and zoned within the United City of Yorkville on and subsequent to the aforementioned effective date. 3. Ordinance 2003 -31 is hereby amended to increase the Development Fee for the BRISTOL KENDALL FIRE PROTECTION DISTRICT for all other occupancy classifications, including but not limited to Office District, B -1 Limited Business District, B -2 General Business District, B -3 Service Business District, B-4 I Business District, M-1 Limited Manufacturing District and M -2 General Manufacturing District, as follows: a. The sum of 10.0 cents per Square foot, with - a minimum fee of One Thousand and 00/00 Dollars ($1,000.00) for any real property annexed, zoned, and platted within the United City of Yorkville effective as of January 1, 2005 up and to April 30, 2006, payable at the time of issuance of building permit, or payable at the time of building permit for each unit annexed and zoned within the United City of Yorkville on and subsequent to the aforementioned effective date. b; The sum of 12.0 cents per square foot, with a minimum fee of One Thousand Two Hundted and 00/00 Dollars ($1,200.00) for any real property azznexed, I EXHIBIT E zomd, and platted witht- i the U- -Eed City of Yorhn� dle effective from May l., 20061 up and to April "DO, 200;, payable at the tine of issuance of building pernit, or payable at the time of building perrnit for each unit arunexed and zoned within the United CSty of Yorkville on and subsNubnt to the aforementioned effective date. c. The surn of 15.0 cents per square Loot, with a rnmimuun fee of One Thousand Five Hundmd and 00i00 Dolla.-'s ($1,500.00) for any real property annexed, zoned, mid platted ivithin the United City of Yorkville effective fxorn hlay 1, 2007 forward, payable at the time of issuance of building permit for each unit annexed and zoned within the United City of Yorkville on and subsequent to the aforementioned effective date. 4. This Ordinance shall be cbntingent upon receipt by the UNITED CI TY OF YORKVELLE of a written agreement in the form safisfactozy to the UNITED CITY OF YORKVILLE which holds the UNITED CITY OF YORKVILLE harmless, including it and agreeing to defend the UNT.PED CITY OF YORKVILLE of any claim made as a result of the imposition or collection of said I 5. T various parts, sections, and clauses of this Ordinance are hereby declaxed to be severable. If any part, sentence paragraph, section, or - clause is adjudged unconstitutional or invalid by a Court of competent jurisdiction, the remainder of the Ordinance shall not be affected hereby. i EXHIBIT E NT Y lvl U �,- - r R- ,AJU0 STICKA. 4 W NDA OHA Q- u r � VALES BUIGID - ROSE SPEr�..l. V 1 L_AaRY KOT JOSE H BESCO APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, dais day of r)r A.D. 20�q_ . MAYOR x ,SSED by the City Council of the United City of Yorkville, Kendall County, Illinois this �w 'day'of QrAn6vt A.D. T 1\—_()ITYWRK 0 .Law Ofiices of Daniel J. Kr&ner 1107A S, B idge Street Y orkville, Illinois 60560 00.553. 0500 101 FEXHIBIT E STAT✓ OF , ^012NMV OF IKE-NMALL A A OR - G T E TA -ONT - DLN.4,NCE AMENDEN H -P FE."e, SCIEEDULE DN THE UNITED CTTY OF YORKVILLE substantiaj! - vtr the 1 WHIEREAS. the cust. of providing sa-itar services has risen substantial o U: r I last several years; and WTMUAS, the City of Yofkvilld has been requir--d to provide sanitary sewer sep, and maintenance as a result of an increase in cjevelonrritnt; and , WHEIUAS, the Ma and City Council of the United City of Yorkville have deteT it to be in the best interest of the City and its residents to increase the "Tap-On" fees for sanitary sewer Ser"t'iCe. D E F DNR T 10 N'S "Outlet" - rr each floor drain, wash basin, wash fountain, toilet, urinal, shower, air conditioner drain, wale. cooler, dentist tray drain or other sirnflar plumbing fixture and any orifice of any nnachine, vessel tank of any kind, manifold-ed or simply, ffirough vNch waste may flow into a seNvef; the flOW of Which ultim is DTDCCSsed by Water Pollution Control of the York Bristol Sanitary :District. "Toilet %meal Is a baf-hrooi restroomi or other facility having no more than 3 outlets (as defined herein). PRO 1, Ad"I'v residential property wishing to hook-ulp to city sanitary sewer service shall pay Tilts 'n addition to any and; all ofh- fees rate. S2 per 'dw,-111nC Unit, I i LO the Ciry at Tai of 1- itaiy dis-ti-Ict. EXHIBIT E ( ,h a 7v- - ,/ azy offielr d"'T the applicable s?-nj -Anv multi- family building will pay. an additional f e of '400,00 for each drain unit zUr co area drains which include but arse' not 61, to laundry roor n S, - 1fl00r drains etc. drain units tim es This additional fee shall.. be bascd on the su=-. ation of the 1400.00 MUMP�Iler' Laundry washer uluL x 1/2 Floor drain x 1/2 Cormi)on use toilet x 1 1/2 Common use shower x I Common use sink x 112 Pool facilities x 2 Common use kitchens Tota the to n ' All non-residential properties shall be charged a fee based or umber of dra tinuts as listed in th-- attached.schtd.ult- "A", times a m, ultiplier of 1400,00, Thi-s fee is in addition to all other fees charged by any other entity including sanitary districts. 4. All . oi]--ts having more than 3 outlets, shall pav at the additional rate of 0.5 drain units. pc-r outlet ea-ch. '17his applies to both residential and -non-residendal properties. 5. in dependent b sewer shad be pr v " ed for --Very building; except separate and in In 1 '0 10 1 , i where one building stands at the rear of another on an interior lot and no private sewer is available or can be constructed to the -,I-aT building through an adjoining alley, court, yard, or 0 d7iiveway, the froth building may be extended to the rear buAjdirg acid the dole considered as one building sewer, but the City of - York - vill-- does not and %vi'll T assurne any obligation or • S j : 1 "lity for damage caused by OT T65U]tinp form any such single conntc on afomrnevhoned. - EXHIBIT E constnucn of a 'it 6� T sat.', slope, aligg — wattrialls of a M andl v e g, ri,o and backoll Chit t nch , L , fltl e t o lot -.1sed in CXCaVaMig, placilig of the pip Joint testl ildi or 1 1 corform the Lts, of the City and/or State bu - i-1 1 - and -tol nnbi co shall 41 to, ie requirtruer oi, applhcab. Talus and regulations of the City of Yorkville or YoTk-illle Bristol Sanitary Ta i s tri* 7. No ptrsond s) shall rrial e connection o f roof downspouts, fi undlation drains =away drains, o r o ffi F ey sources ol surface runoff or groundwater to a building drain x1) in turn is connected directly or indirectly to a public sanitary sewer unl ess such con nection ri is approved by the City of Yorkville for purposes -of disposal of polluted su.rface drainage. S. The connection of the building c- sewer into the public sever shall ccaor foTm I -e I requirerneTits of the building and p)uxmbU9 code or other applicable rules and regulations of the Citv of Yorkville and the York-. ille-B ri stol Sanitary Dism"ict. All such connections shall be made ,gastight and water and verified by proper - - testing. Any deviation F-iQrn the prescribed -b we - Procedures and air trials crust be approved, by the City Pul )ic Work's Depar-unmit be-ft install fion. 9 '1' h e aDnNcarit for the building sewer permit shall notify the Pub Vrlorkq Depart-ment � F j when he building sewer is ready for inspection and connc-ction, to the public sewer. The conne,cton and testing. shall be ;rlade under the supervision of the superntfindent or his 10. A.!.! Excavations for building sewer installation shall be adequa`cly g with oamcades a lights so as to protect the p0blic firo-in hazard. Streets, sidewalks, pa 'ways, and other Public property disturbed in 'the course of the work shall be restored in a inapner satisfactory to the City of Yorkville A ablic Works Department. EXHIBIT E v 1 This Ord'inance wil"", bc e6eni e + T IN ALL OT'HER IR SIDECTS, d`tail; e sch- d and ra-tes for the C d'Yodmvillie shall, remain unc:han Pr4— I! - 1996 day :gassed this cl ay 0 NikYOR r.TIESTED: e. CITY CLERK f TTJ Law 0 ofDanid j. Kramer 110 A South Bdda e Smeet YorkV-11-, Illinois 60560 6_30,1:53.9500 EXHIBIT E SCHEDTJ USE 0 B Ul 3 G NO. 0'F D' 'UNTFS STORES, Y C.A-1 A-7. OFFICE RUILDROS Each private 10 Each public tc-l"Ct with no more tffian three outlets 1 - % Eacb add'! Timal ou-0ef i/2 Soda Fountain, Grocery Stores & 1; -Seat Markets with garbage 9 riders - 11 Each Public toiiet I - V2 Ditch er"s 1- V2 RESTAURAN"I AIND THEATERS Food service capacity No. of"persons 0-50 50-100 ? '00-200 Each P,-"Nate wflet Each public foild '/2 SERVICE STATIONS Each pubhc to' l- 1 - %2 I Wash rac 2 CLUBS Each toile: Restaurani charge as above MOTELS Al HOTELS Eac,b room with bath or sbo and/or toilet i /3 Each public. toilet -!/2 Restautant charge as above EXHIBIT E L� J, P ARKS B9 a — E a ch, trailer space wifth sa-witar., sewn 0' et V2 E a ch automatic washer unit '/2 Earl: public toilet' 1 -% F-ar;h public shower L - NDP AU dES Each automatic .washer Unit 1 /2 Pubilc toilet I - V2 SELF - SERVICE CAR WASH PrT ra (covered) I Per tack (uncoveTed) 4 AUTOMATILC CAR WASH - C-acb production 'Lint 10 .L- Each public toilet 1 -'/2 ND I NTURSTNG HDRIMS Al . HOSPITALS R ilding leterunined from capacity of each bwi G architect's plans and specifidations divided by 4 (Quotient to 2 decimal points) SCHOOLS Sstuident capacity of each building dtt.eanincd fiom arch�leoft plans'and spe6fications divided 'Illy J2 (Quotient to 2 decimal flints DORM,ffORIES, FRATERNITIES AND SOROR17 Resident - o of each building de from architect's Diaris and *specifications divided by 6 (Quotient to 2 decimal points) STATE OF ILLINOIS EXHIBIT E )ss COUNTY OF KENDALL } ORDINANCE NO. 2006- ORDINANCE AMENDING ORDINANCE 2003-79 AND REPEALING ORDINANCE 2005 -40 ESTABLISHING MUNICIPAL NVATER CONNECTION FEES IN THE UNITED CITY OF YORKVILLE WHEREAS, the United City of Yorkville has taken up, discussed and considered amending the City Ordinance 2003 -79 regarding Municipal Water Connection Fees; and WHEREAS, in amending City Ordinance 2003 -79, City Ordinance 2005 -40 (which previously amended Ordinance 2003 -79) will by necessity be repealed. WBBREAS, the Mayor and City Council have discussed that it may be prudent to amend said Ordinance 2003 -79 to change certain connection fees by substituting the Charts defining Residential and Non - Residential Connection Fees depicted on the attached Exhibit "A" and Exhibit "B ", in place of Exhibit "A" and Exhibit "B" in Ordinance 2003 -79. NOW THEREFORE BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE UNITED CITY OF YORKVII,LE, upon Motion duly made, seconded and approved by the majority of those members of the City Council voting, hereby enact the water tap -on fee schedule set out in the attached Exhibit "A" and Exhibit "B ", and EXHIBIT E 1, Any Ordinance or parts thereof in conflict with the provisions of this Ordinance, specifically including Ordinance 2005 -40, are hereby repealed to the extent of such conflict with this Ordinance. 2. The portion of this Ordinance affecting the water connection fee as indicated in Exhibit "A" and Exhibit "B" shall become effective on June 15, 2006, JAMES BOCK JOSEPH BESCO VALERIE BURD PAUL JAMES t s . Q!5 DEAN WOLFER MAR MUNNS v ROSE SPEARS JASON LESLIE k.,� Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this Day of , A.D. 2006. MAYOR Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this c? day of I,- 0 A.D. 2006. ATTEST: CITY CLERK i Prepared by: John Justin Wyeth City Attomey United City of Yorkville 800 Game Farm Road Yorkville, IL 60560 EXHIBIT A: RESIDENTIAL CONNECTION FEE EXH I BIT E 2006 WATER SYSTEM CONNECTION FEE UPDATE United City of Yorkville, Kendall Co., IL _ .............. ..__..............___..... Projected ..__,_... _ Fee P.E. Per Based On Residence Type Residence $1,0571 P.E. i Efficiency or Studio Apartment 1.00 $1,057 1 Bedroom ApartmenUCondo 1.50 $1,586 2+ Bedroom Apartment/Condo 3.0D $3,171 - 1 Bedroom Townhome 1.50 $1,586 2+ Bedroom Townhome 3.00 $3,171 ,Duplex Home 3.50 $3,700 y e 3.50 .. $3,700., Single Famil Hom CtatsYprt_a�. EXHIBIT E EXHIBIT B: NON- RESIDENTIAL CONNECTION FEE 2006 WATER SYS T EM CONNECTION FEE UPDATE United City of Yorkville, Kendall Co., iL Water W ater Meter Connection Size Fee Less Than Or Equal To 1" $3,7D0 $4,ODO 2" $5,OD0 3" $8,000 4u '$15,000 6" and Larger TBD Legend Nun - Residential Land Use shall be considered all land uses other than those defined in Exhibit A, Page 1 TBD = Connection l=ee To Be Determined By City Council on a Case -By -Case Basis Enp�r.oertn� !`= ntorprle�sa. EXHIBIT E STATE OF 11,LINOIS } 4/V9-7 } 5.2.9? 5. COUNTY OF KENDALL 7.97 5 5.16.97 ORDINANCE ESTABLISHING A FEE TO FUND A NEW SANITARY SEWER RIVER CROSSING IN THE UNITED CITY OF YORKVILLE WHEREAS, the cost of providing sanitary sewer service has risen substantially over the last several years; and WHEREAS, the City of Yorkville has been required to provide sanitary sewer services and maintenance as a result of the increase in development and usage of City sanitary sewer mains; and WHEREAS, the Yorkville Bristol Sanitary District which provides sanitary sewer treatment for the sewage transmitted through the City of Yorkville sanitary sewer mains has experienced a dramatic increase in demand for treatment of sanitary sewage; and WHEREAS, studies conducted by the Yorkville Bristol Sanitary District and considered by the City of Yorkville "s Engineer and Economic Development Committee have shown and found that there is not sufficient capacity in the current Fox River crossing siphons to transmit sewage to the Yorkville Bristol Sanitary District Treatment facility located on the north side *of the Fox River, capable of addressing the demands from new development; and WHEREAS, City of Yorkville will front fund the cost of a new river crossing by the Yorkville Sanitary District; and WHEREAS, the City has established a fund to recover $595,000.00 to be given to the York Sanitary District by the City for the construction of a river crossing to transport sewage to the Yorkville Bristol Sanitary District plant on the north side of the Fox River. -1- EXHIBIT E NOW THEREFORE BE IT ORDAINED BY THE UNITED CITE' OF YORKVILLE a Sanitary Sewer :River Crossing Fee is hereby established to fund a sanitary sewer river crossing in the LW ED CITY OF YORKVILLE under the following terms: 1, A fee is hereby established payable for each P.E. or Drain Unit at the issuance of every building permit issued by the United City of Yorkville, for any parcel of real property located within the Sanitary Sewer Service area depicted in the attached Exhibit "A" incorporated herein by reference. A) For purposes of residential sanitary sewer conversions, F.E. shall be calculated at the rate of $25.00 per P.E. for single family residential properties. B) For all other properties the fee shall be calculated on the basis of $25.00 , per Drain Unit, as calculated per Ordinance No. 96 -11. C) The above fees will in addition, accumulate interest from the time of expenditure by the City at a rate of 8% per annum, 2. The above fees are to be paid for all building perTnits issued on real property located within the Sanitary Sewer Service area depicted in the attached - Exhibit "A" incorporated herein by reference for which a new sanitary sewer connection is required. 3. The fee is applicable to both areas within the United City of Yorkville and areas/ /property outside the City boundaries which hooks -on to the City of Yorkville Sanitary Sewer System and serviced by Yorkville Bristol Sanitary District Plant. 4, This fee shall be required to be paid on all affected real properties after the effective date this Ordinance is passed and approved by the City Council; and due publication thereof. S. The fees to be charged under the terms of the Ordinance shall be imposed for a period of -2- I ICI EXHIBIT E 20 years from the date of the passage of this Ordinance by the City Council of the United City of Yorkville. This fee is in addition to any other fees charged by the City of Yorkville for any other purpose including any other sanitary sewer fees. That should any provision of this Ordinance be found to be invalid then the remaining portion I of the Ordinance shall remain in full force and effect. This Ordinance shall be effective as to all building permits issued by the UNITED CITY OF YORKVILLE starting June 1, 1997 Passed and a proved this I y of / i'���! 1997. .0 YOR r� ATTEST: -� CITY CLERK I I Law Offices of Daniel J. Kramer 1107A S. Bridge Street Yorkville, .111inois 60560 630.553.9500 F:\ CLLENI'SICITYOFYO \ORDIN, NCISEVkT.TU -3- 0 > CL) ansla,. � 'CA'*R^'°�1.'�^ CIA^+. Vr' MAAr +rw,s.arlww.sww.A..'w.w.�wvr ra�:lrryr• "u�el.y.., wn.. ler. v. Ap. r. na. rr�. I: Yr�n�vnr. M 'mh.wl+r.r.wrolevl..*n.vrrw.+•: n.•.•^+rrrta.�rnw.�•+n:.. C/� r� � G -1 I � � 4: � �- > fi Exhibit "F" The following listed uses shall be prohibited uses in the B -3 Service Business District zoned portion of the SUBJECT PROPERTY. B -1 Limited Business District 1. Substation B -2 General Business District 1. Dance Hall 2. Pawn Shop 3. Reducing Salon, Masseur, and Steam Bath B -3 Service Business District 1. Agricultural Implement Sales and Service 2. Business Machine Repair 3. Feed and Grain Sales 4. Kennel 5. Taxicab Garage I I ICI H. Wdskproj1Y006001dwg1YO0521 1Y0060025.dwg, EASEMENT EXHIBIT, 9121/2006 3:0126 PM, jwhilehouse 31nOb 33NVA3ANO3 b31dM WHO1S WN01032J .- S..1181HX3 Lv 31.nom SIONI111 v 101 a3SOdOUd AJJ 113Vd 1N3W30VNVW M31VMWNOIS IVN0103U UNOWAVU 03SOdONd Os£6 -896 (OM) =-4d tsm Blown %Aojo Jo6ng aooa mP•4Al ZS SWA3AMn8 ONVl4 SM33N19N31 mo r •aul'sesucheiUa 6uuaauj6uq I I I I I 1 I f I r i ft I I I I I I f I I I f I 1 I 133. 31VOS I ,004 ,OOZ ,0 ,OOZ I ILLINOIS ROUTE 47 IMPROVEMENTS - NORTH PRELIMINARY AND DESIGN ENGINEERING FUNDING - 50150 SPLIT - FRONTAGE AND TRAFFIC UNITED CITY OF YORKVILLE, KENDALL COUNTY, IL MAY 3RD, 2006 PROPERTY /DEVELOPMENT Del Webb/ Bailey Westbury Schramm Bristol North- O'Keefe Ratos Comeils Pacific CATEGORY Pulte Meadows Village Property Bay Gate Property Property Crossing Homes TOTAL Size Commercial (Acres) 110 21 34 176 9 28 136 37 - - 551 Residential (units) 525 342 822 - 2,075 - - - 30 230 4,024 Rte 47 Frontage (LF) 4,200 1,900 5,200 3,200 1,400 1,500 3,900 1,300 - - 22,600 Rte 47 Traffic (ADT) 15,550 6,350 10,800 16,880 14,850 5,200 14,280 6,200 180 1,380 91,670 Rte 47 Access Point 1.00 0.50 0.50 0.75 0.50 0.25 1.25 0.25 - - 5.00 g9 - r' 1LbR �±•'y� 9ryyk� ','i:}%y:� .;',y':;!C1'S -05". ' $�3,' y ...a,Tr�%•r �:i r•.ttj•h- . .... "+: Li:.,e.5d!' lf � �r�: y+!3. �1f *,"1 �T ..f •, .. ... ,.... :�•h. ,r. •..:1�- ..•4.�•'.. .. , .�'•i.. 5 ., ..�n .'�.'. '�.'�' '•h' .e�. -.9F .1. ����... ..�.. .. 7�%R':.•:':•e' • .sS'K�" �Ea ,14t�iU,�'74dC!Wk.'�n3x .+ n ,... . • •...: ..,. .. ..,.. , -.� POTENTIAL COST SHARING METHODS 50% OF ENGINEERING TO BE FUNDED BASED ON ROUTE 47 FRONTAGE ( %) 18.58% 8.41% 23.01 14.16% 6.19% 6.64% 17.26% 5.75% 0.00% 0.00% 100.00% Cost Share 1$ 109,9251 $ 49,7281$ 136,0971 $ 83.7521$ 3 36,642 1 $ 39,25 1 $ 102,073 $ 34,0241 $ - 1 $ - 1 $ 591,500 50% OF ENGINEERING TO BE FUNDED BASED ON ROUTE 47 TRAFFIC N 1 16.96 6.93 11.78 % 18.41%1 16.20 5.67 % 15.58% 6.76 0.20%1 1.51 %1 100.00% $ 1 Cost Share 100,3361$ 40,973 $ 69,6871$ 108,918 $ 95,820 $ 33,5531$ 92,142 $ 40,005 $ 1 $ 8,904 + $ 591,500 TOTAL CONTRIBUTIONS PER DEVELOPER N 17.77% 7.67% 17.40% 16.29% 11.20% 6.15%1 % 0 0 0 0 Cost Share 1$ 210,261) $ 90,701 I $ 205 „784 $ 192 „670 $ 132,461 72 $ 16.42 / 194,215 J 6.26 /0 0.1010 0.75 /0 100.00 % $ 74,030 $ 1,161 $ 8,904 $ 1,183,000 :1 r - ;i.��'a t.? ... _ .. .. �� : � �. Y.n�. T•. ` t .n , , ... ",,'T+'I�•fE' ;•`; , . r v.,,.�171;:,.. G:7 %Y00537 IL Route 47 Improvement Plans%Engt(DEVELOPMENT SUMMARY.XLSIREV ENGINEERING (P&D) FUNDING Traffic Estimate Assumptions Commercial Residential Phase I Engineering $358,000 .20 FAR 10 daily trips per unit Design $825,000 30% pass by 60% using I1-47 Total $1,183,000 60% using IL 47 x x W ILLINOIS ROUTE 47 IMPROVEMENTS - NORTH PRELIMINARY ENGINEERING FUNDING - 50150 SPLIT - FRONTAGE AND TRAFFIC UNITED CITY OF YORKVILLE, KENDALL COUNTY, IL MAY 3RD, 2006 PROPERTY /DEVELOPMENT Del Webb/ Bailey Westbury Schramm Bristol North- O'Keefe Ratos Comeils Pacific CATEGORY Pulte Meadows Village Property Bay Gate Property Property Crossing Homes TOTAL Size Commercial (Acres) 110 21 34 176 9 28 136 37 - - 551 Residential (units) 525 342 822 - 2,075 - - - 30 230 4,024 Rte 47 Frontage (LF) 4,200 1,900 5,200 3,200 1,400 1,500 3,900 1,300 - - 22,600 Rte 47 Traffic (ADT) 15,550 6,350 10,800 16,880 14,850 5,200 14,280 6,200 180 1,380 91,670 Rte 47 Access Point 1.00 0.50 0.50 0.75 0.50 0 1.25 0.25 - - 5.00 �'�'*:'''�i�w� •' t..i..... , .'r.:r ,. _ .. •; x'a 4! `` .4 ^: "•` ai'.r..+..� + ^,'9q +•ir..'.1 "hr *" "S•.;:�.:= • ' �SYF?, `1�� ',;��yy�� ry�•I ��'' rJa �::.�.` '' . ?r ..AAI:c4F. ,.;C•`e„1r.' -4'+• j�7t'.i `?r..-,, r o`•3M s ^• _t+��l�lS'f�d�I�''GA;'� `�^!..r`:d.-�i,. ti POTENTIAL COST SHARING METHODS 50% OF ENGINEERING TO BE FUNDED BASED ON ROUTE 47 FRONTAGE (%) 1 18.58 %1 8.41 %1 23.01 % 14.16 %1 6.19 17.26 %1 5.75 %1 0.00 %1 0.00 %1 100.00% $ Cost Share 33,2651$ 15.0491$ 41,1861$ 25,3451$ 11,088 $ 11,881 $ 30,889 $ 10,296 $ $ $ 179,000 50% OF ENGINEERING TO BE FUNDED BASED ON ROUTE 47 TRAFFIC (%) I 16.96 %I 6.93 %I 11.78 %I 18.41%1 16.20 %1 5.67 %1 15.58 6.76 % 0.20 %1 1.61 100.00% Cst Share $ 30,3641$ 12,3991$ 21,089 $ 32,961 $ 28,997 $ 10,154 $ 27,884 $ 12,106 $ 3511$ 2,6951$ 179,000 TOTAL CONTRIBUTIONS PER DEVELOPER ( 17.77%1 7.67 %1 17.40 %I 16.29 %1 11.20 %1 6.15 %1 16.42 %I 6.26 %1 0.10% 0.75 %I 100.00% Cost Share $ 63,6291$ 27,4481$ 62.2751$ 58 „3061 $ 40,085 $ 22,0341$ 58,773 l $ 22,4031$ 351 $ 2,695 J 358,000 G:1Public%Yorkville%20051Y00537 IL Route 47 Improvement PlanslEngIDEVELOPMENT SUMMARYALSIREV ENGINEERING (P) FUNDING Traffic Estimate Assumptions Commercial Residential Phase I Engineering $358,000 .20 FAR 10 daily trips per unit 30% pass by 60% using IL 47 60% using IL 47 W EXHIBIT I Ra1� >fNr, WAVi WAIFR PAf',K MAIN FN 111) ti1(,N 12 FT. -� _ - fiv- 12 FT. 25 FT 12 FT. - = LIGHT BOX - - = 3 FT. - - - 13 FT. I Client: Raging Waves Waterpark Agency Contact: Gil Chavez M ! N ® W A V C I Created: 3 111/2008 M A r. K E 1 L u v Updated: 3 /11/2008 �I 35 N. BROADWAY . SUITE 201 AURORA :. IL 60505 TEL.630.897.9900 Mopyrighl2007 Mindwave. All slralogicand creative development in this prosenlallon is the intellectual property of Mindwave Design Inc. Conlent shall not be manipulated or dupicaled vrlhout Wndwava's expressed wd8en consenl.