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Ordinance 2004-32 20040 0018724 Filed for Record in ORDINANCE NO.2004-32 PAUL �.RSON , ILLThdL3:C5 F`AllL Aha(2E�SOFt 07-07-2004 At 02.20 Pm. AN ORDINANCE ESTABLISHING ORDINANCE 129.00 UNITED CITY OF YORKVILLE SPECIAL SERVICE AREA NUMBER 2004-106 TOTAL GRANDE RESERVE BE IT ORDAINED BY THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, AS FOLLOWS: Section 1. Authority. The United City of Yorkville (the "City") is authorized, pursuant to Article VII, Section 7(6) of the Constitution of the State of Illinois, and pursuant to the provisions of the Illinois Special Service Area Tax Law, 35 ILCS 200/27-5 et seq. (the "Act"), to establish special service areas for the provision of special governmental services in portions of the City and to levy or impose a special tax and to issue bonds for the provision of such special services. Section 2. Findings. (a) The question of establishment of the area hereinafter described as a special service area (the "Special Service Area") was considered by the City Council of the City pursuant to "An Ordinance Proposing the Establishment of Special Service Area Number 2004-106 Total Grande Reserve in the United City of Yorkville and Providing for Other Procedures in Connection Therewith," being Ordinance No. 2004-15, adopted on February 24, 2004. The establishment of the Area was considered at a public hearing commenced on March 23, 2004, and finally adjourned on March 23, 2004 (the "Public Hearing"). The Public Hearing was held pursuant to notice duly published in The Beacon News, a newspaper of general circulation within the City, on March 8, 2004, which was at least fifteen (15) days prior to the Public Hearing, and also pursuant to notice by mail addressed to the person or persons in whose name the general taxes for the last preceding year were paid on each lot, block, tract or parcel of land lying within the Area. Said notice by mail was given by depositing said notice in the United States mail not less than ten(10) days prior to the date set for the Public Hearing. In the event taxes for the Last preceding year were not paid, said notice was sent to the person last listed on the tax rolls prior to that year as the owner of said property. A certificate of publication of notice and evidence of mailing of notice are attached to this Ordinance as Exhibit A and Exhibit B, respectively. Said notices conform in all respects to the requirements of the Act. To comply with City requirements an additional notice of public hearing was published in the Kendall County Record, a newspaper of general circulation within the City, on March 11, 2004. A Certificate of Publication of such notice is on file with the City. (b) At the Public Hearing, all interested persons were given an opportunity to be heard on the question of the issuance of bonds to finance a part of the cost of engineering, soil testing and appurtenant work, mass grading and demolition, storm water management facilities, storm drainage systems and storm sewers, site clearing and tree removal, public water facilities, sanitary sewer facilities, erosion control measures, roads, streets, curbs, gutters, street lighting, traffic controls, sidewalks, equestrian paths and related street improvements, and equipment and materials necessary for the maintenance thereof, public parks, park improvements, bicycle paths, landscaping, wetland mitigation and tree installation, costs for land and easement acquisitions 011.552566.3 relating to any of the foregoing improvements, required tap-on and related fees for water or sanitary sewer services and other eligible costs (collectively, the "Improvements"), on the question of the conditions for participating in the Special Service Area as more particularly set forth herein, and on the question of the retirement of said bonds as due from time to time by a levy of a tax on real property within the Area. (c) After considering the data as presented to the City Council of the City and at the Public Hearing, the City Council of the City find that it is in the best interests of the City and of the residents and property owners of the United City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve that the Special Service Area, as hereinafter described, be established. (d) More than 60 days have passed since the final adjournment of the Public Hearing, and no petition objecting to the creation of the Special Service Area, the levy of the Special Tax as herein described or the issuance of bonds has been filed with the City Clerk. (e) The Special Service Area is compact and contiguous as required by the Act. (f) An annual special tax based upon a special tax roll levied against each residential lot and each parcel in the Special Service Area as herein described does not exceed the tax rate or method proposed in the notice of public hearing referred to herein and such special tax, taking into account the direct and indirect special service benefits to current and future owners of property within the Special Service Area, bears a rational relationship between the amount of tax levied against each lot, block, tract and parcel of land in the Special Service Area and the special service benefit conferred. (g) It is in the best interests of the City that the Special Service Area be created for the financing of the Improvements within the Special Service Area, that the Improvements be financed by the sale of bonds, and that taxes be levied on real property within the Special Service Area to retire the bonds and to cover costs and expenses connected with the financing of the Improvements within the Special Service Area. (h) It is in the best interests of the United City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve that the furnishing of the Improvements proposed be considered for the common interests of the Special Service Area and that the Special Service Area will benefit specially from the Improvements. Section 3. United City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve Established. A special service area to be known and designated as "United City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve" is hereby established and shall consist of the contiguous territory legally described in Exhibit C hereto, and outlined on the map of a portion of the City attached as Exhibit D hereto, which description and map are by this reference incorporated herein and made a part hereof. Section 4. Purpose of Area. United City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve is established to provide special services to the Special Service Area in addition to services provided in the City generally. United City of Yorkville Special 2 011.552566.3 Service Area Number 2004-106 Total Grande Reserve is also created so that bonds may be issued for the purposes aforesaid (the "Bonds"), payable from taxes levied on real property in the Special Service Area in accordance with the special tax roll established by this Ordinance. Such taxes shall be levied in addition to all other City taxes so levied, provided no Bonds shall be issued in excess of the principal amount of $16,000,000 or at an interest rate to exceed the greater of nine percent(9%) per annum or 125% of the rate for the most recent date shown in the 20 G.O. Bonds Index of average municipal bond yields as published in the most recent edition of The Bond Buyer, published in New York,New York, at the time the contract is made for the sale of the Bonds and the Bonds shall mature within not more than thirty (30) years from their date. Section 5. Special Tax Roll for Bond Retirement. In lieu of an ad valorem tax to be levied and extended for the payment of principal of and interest on any Bonds issued on behalf of the Special Service Area, a special tax roll is hereby established. Such special tax roll shall be used only for levying and extending taxes for the payment of principal of and interest on any Bonds issued for the purposes set forth in Section 4 hereof and the administration and maintenance of the Special Service Area. The description of the special tax roll shall be as set forth in the "United City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve Special Tax Roll and Report" substantially in the form attached as Exhibit E hereto, which description is by this reference incorporated herein and made a part hereof. Section 6. Supercede Conflicting Ordinance. All ordinances or parts of ordinances in conflict with the provisions of this ordinance are repealed to the extent of such conflict. Section 7. Effective Date. This Ordinance shall be in full force and effect from and after its passage and approval in the manner provided by law. PASSED BY THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS this June 22, 2004. VOTING AYE: VOTING NAY: ABSENT: ABSTAINED: NOT VOTING: 3 011.552566.3 APPROVED Mayor ATTEST: le Published in pamphlet form , 2004. 4 011.5525663 Exhibit A To Establishing Ordinance Publisher's Certificate 011.552566.3 .$ V.y .'., ''� .O +. ,,C• ie cwt .. ' N Z.U y .-i -�i•-� 6n • • rVy •JY R • v i =-~ d ja }i A �s �v � � `Z r •C ° O -o • ° U •� W C V C yam 4 ep �4 •c •°�' a� u ° Q w� �"' C Cl) T1 O ;4 ,p u O ° � •� h q h O �' L. $ y a a`V to °36 o Cg A a ti AMC oil- m -d 62 0 � A � $ CL. b o 0 10 V uo NOTICE OF HEARING I WEST QUARTER; THEN C i NORTH 89'DEGREES 31 I EXTENSIONS SIX,879,29 FEET TO THE CENTERLINE UNITED CITY OF YORKVILLE MINUTES 16 SECONDS WEST ALONG THE SOUTH OF U.S.ROUTE NO.34,THENCE SOUTH 45 DEGREES SPECIAL SERVICE AREA NUMBER 2004-106 LINE OF THE NORTHEAST QUARTER OF SAID SEC- 14 MINUTES 47 SECONDS WEST ALONG SAID CEN-. -TOTAL GRANDE RESERVE TION 11,.2028.27 FEET TO THE EXTENSION SOUTHER- TERLINE$78,60 FEET;THENCE NORTH 37 DEGREES NOTICE:IS HEREBY GIVEN that on March 23,2004 at LY OF THE EASTERLY LINE,OF LOT 1 OF STORY- 07. MINUTES 26 SECONDS WEST, 2106.30.FEET; 1:00 p,m.at the Yorkville City Hall,800 Game Farm BOOK HIGHLANDS,A SUBDIVISION IN SAID SECTION THENCE NORTH 47.DEGREES 17 MINUTES 26 SEC- '.Road,Yorkville,Illlnols,a hearing will be held by the City. 11•THENCE NORTH.1.DEGREE 06 MINUTES 53 SEC- ONDS WEST,1500.85 FEET TO THE CENTERLINE OF of Yorkville to consider forming a special service area, ONDS EAST.ALONG SAID EXTENDED.LINE' 1030.0 KENNEDY ROAD AND THE EASTERNMOST CORNER to be called City of Yorkville Special Service Area FEET;THENCE SOUTH 89 DEGREES 06 MINUTES 37 OF A TRACT DESCRIBED IN A QUIT CLAIM DEED TO 'tuber 2004-106 Total Grande Reserve; consisting of.SECONDS EAST 239.40 FEET; THENCE NORTH I GEORGE AND GLENNA PATTERSON,HUSBAND AND `errltory legally described In Exhibit 1 to this Notice. DEGREE 06 MINUTES 53 SECONDS EAST 872.93 FEET WIFE, RECORDED AS DOCUMENT NO. 72- 375 ON approximate street fpcation Is the area generally TO THE CENTERLINE OF CANNONBALL TRAIL; JANUARY 25,1972, NORTH 25 DEGREES 56 apicted on the map of a portion of the City,which map. THENCE NORTH 66 DEGREES 09 MINUTES 20 SEC- MINUTES 49'SECONDS EAST ALONG SAID`CENTER- ?'is attached as Exhibit 2 to this Notice. ONDS EAST ALONG SAID CENTERLINE 898.31 FEET; LINE 236.34 FEET;THENCE NORTHEASTERLY. AND The general purpose of the formation of the City of THENCE NORTHEASTERLY ALONG SAID CENTER. NORTHERLY,A RADIUS OF 800.0 FEET;AN ARC DIS• (,,Yorkville.Special Service Area Number 2004.106 Total LINE,BEING ALONG A CURVE TO THE LEFT HAVING TANCE OF 419.10 FEET;THENCE NORTH 04 DEGREES w Grande Reserve is to provide special municipal services A RADIUS OF 2290.82 FEET,A DISTANCE OF 495.34 04 MINUTES 07 SECONDS WEST ALONG SAID CEN- to the area which.may Include:engineering,soil testing FEET;.THENCE NORTH 53-DEGREES 46 MINUTES TERLINE 531.06 FEET;THENCE NORTH 05 DEGREES and appurtenant.work, mass grading and demolition, EAST ALONG SAID CENTERLINE 654.29 FEET TO THE 06 MINUTES 07 SECONDS WEST ALONG SAID CEN- storm water monagement;faclliHes,storm drainage sys• EAST LINE OF SAID SECTION 2;THENCE SOUTH 0 TERLINE.1866.0 FEET TO THE POINT OF BEGINNING tems and storm sewers,site clearing and tree removal, DEGREES 30 MINUTES 10 SECONDS WEST ALONG IN BRISTOL TOWNSHIP,KENDALL COUNTY,ILLINOIS public water facilities,:sanliary sewer facilities,erosion SAID EAST-LINE 262.54 FEET TO THE POINT OF AND CONTAINING 372.223 ACRES, control-measures;roads,-kreet%curbs,gutters,street BEGINNING, IN.-THE' TOWNSHIP�OF BRISTOL, ALSO: -- r•lighting,traffic controls,sidewalks,equestrian paths and KENDALL COUNTY,ILLINOIS. - THAT PART OF SECTIONS FOURTEEN(14),FIFTEEN I related street Improvements,and equipment and mate- ALSO: . (15) AND TWENTYTHREE (23), ALL IN TOWNSHIP•riots..necessary for the maintenance thereof, public. THAT PART OF THE SOUTH HALF OF SECTION 11,. THIRTY-SEVEN(37)NORTH,RANGE SEVEN(7)EAST .o parks„park Improvemems(and bicycle paths,landscoP- TOWNSHIP 37 NORTH,RANGE 7 EAST OF THE THIRD OF THE THIRD PRINCIPAL MERIDIAN,DESCRIBED AS ing,wetland mitigation and free Installation,costs for PRINCIPAL MERIDIAN,DESCRIBED.AS FOLLOWS: FOLLOWS: eland and easement acquisitions relating to any of the BEGINNING AT THE SOUTHWEST CORNER OF SEC-'COMMENCING AT THE SOUTHERLY CORNER OF foregoing.Improvements, required tap-an and related TION 11;THENCE SOUTH 0 DEGREES 57 MINUTES 0 STRUKELS PARADISE.LAKE UNIT NO.1,(SAID POINT ,fees for water or sanitary,sewer services and other ell- SECONDS WEST 442 FEET TO THE NORTH LINE OF ALSO BEING THE INTERSECTION OF THE CENTER. „glble costs. . - THE RIGHT OF WAY OF THE CHICAGO,BURLINGTON LINE OF BRISTOL ROAD AND THE CENTERLINE OF There will also be considered at the hearing the follow- AND QUINCY RAILROAD; THENCE NORTH 75 KENNEDY ROAD),AS SHOWN ON THE SUBDIVISION 'ping alternative methods of financing Improvements with- DEGREES 17 MINUTES 0 SECONDS EAST 1728 FEET PLAT'OF STRUKEL S PARADISE LAKE UNIT NO. I ° the proposed specigl.service area: (1)the levy of a tax ALONG-SAID RIGHT OF WAY LINE TO THE SOUTH RECORDED AS DOCUMENT#71-215;THENCE NORTH t the City In the proposer special service area,suffl- LINE OF SECTION 11;THENCE SOUTH 89 DEGREES 53 60 DEGREES 17 MINUTES 26 SECONDS EAST,724.86 cent to produce revenues to provide special municipal MINUTES 0 SECONDS EAST 1001.25 FEET ALONG THE FEET ALONG THE CENTERLINE OF KENNEDY.ROAD •-services to the proposed special service area;the mail- SOUTH LINE OF SAID SECTION 11 TO THE SOUTH- TO THE POINT OF CURVATURE OF A 1094.72 FOOT ]t mum rate of such taxes to be extended in any yegr.with- EAST CORNER OF THE WEST HALF OF SAID SECTION RADIUS CURVE TO THE LEFT;THENCE NORTHEAST- In the proposed special service area which shall not 11;THENCE NORTH 89 DEGREES 34 MINUTES 0 SEC. ERLY 631.18 FEET ALONG SAID CURVE WHOSE A.exceed the amount necessary to produce a maximum ONDS EAST 1339.5 FEET ALONG THE SOUTH LINE OF CHORD BEARS NORTH 43 DEGREES 46 MINUTES 24 r.annual tax levy of$2,000,000 in accordance with the spe- SAID SECTION 11 TO THE SOUTHEAST CORNER OF SECONDS EAST 622.47 FEET TO THE POINT OF TAN. le clal tax roll referred to below,and(II)the Issuance of THE WEST HALF OF THE SOUTHEAST QUARTER OF GENCY OF SAID CURVE; THENCE NORTH 27 i special tax bonds In an aggregate principal amount not SAID SECTION 11;THENCE NORTH 0 DEGREES 40 MIN- DEGREES 15 MINUTES 21 SECONDS EAST 11.57 FEET to exceed$16,000,000 at an Interest rate of not to exceed UTES 0 SECONDS EAST 977.5 FEET TO THE CENTER- ALONG SAID CENTERLINE TO A POINT; THENCE 8'the greater of nine percent(9%)per annum or 125%of LINE OF THE HIGHWAY;' THENCE- NORTH 74 SOUTH 37 DEGREES 39 MINUTES 00 SECONDS EAST •q the rate.Tor the mosT recent date shown In the 20 G.O. DEGREES 15 MINUTES 0 SECONDS WEST 727.2 FEET 1776.45 FEET TO A POINT; THENCE SOUTH 52 -q`Bonds Index of average municipal bond Yields as pub- ALONG SAID CENTERLINE;'THENCE NORTH 79 DEGREES 21 MINUTES 00 SECONDS WEST 1343.89 '11Hished in the most recent edition of The Bond Buyer,pub DEGREES 10 MINUTES 0 SECONDS WEST 2877.4 FEET FEET TO A POINT IN THE CENTERLINE OF BRISTOL NA'tished in New York,New York,at the time fhe contract ALONG SAID CENTERLINE TO THE CENTERLINE OF A ROAD;THENCE NORTH 37 DEGREES 39 MINUTES 00 s made for the sale of the bonds,and to mature within NORTH AND SOUTH HIGHWAY; THENCE SOUTH 7 SECONDS WEST.1778.85 FEETALONG SAID CENTER- - irty(30)years from the date of thele)ssuance. The DEGREES 7 MINUTES 0 SECONDS EAST 364.8 FEET LINE TO THE POINT OF BEGINNING. ;r.bonds,If Issued,shall be retired by the levy of on annu- ALONG THE CENTER OF SAID NORTH AND SOUTH ALSO: Y pl tax established pursuant to a special Tax roll to pay the HIGHWAY;THENCE NORTH 89 DEGREES 47 MINUTES THAT PART OF SECTIONS FOURTEEN (14) AND .interest onsuch bondsas it falls due and To discharge the 0 SECONDS WEST 503.33 FEET TO THE WEST LINE OF TWENTY-THREE (23), ALL IN TOWNSHIP THIRTY- principal thereof at maturity and To pay fhe costs of SAID SECTION 11;THENCE SOUTH 0 DEGREES 52 MIN- SEVEN(37)NORTH,RANGE SEVEN(7)EAST OF THE adminlstrallon and ma nonce of the special service UTES 0 SECONDS WEST ALONG SAID WEST, LINE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOL- II area,sold tax to be levied upon all taxable property with- 1327.6 FEET TO THE POINT OF BEGINNING(EXCEPT LOWS. A in the proposed special service.area THAT PART OF RIGHT OF WAY OF THE CHICAGO, COMMENCING AT THE'SOUTHERLY CORNER OF At the hearing,all interested,persons affected by the for- BURLINGTON AND QUINCY RAILROAD RUNNING STRUKEL S PARADISE LAKE UNIT NO.1;(SAID POINT It mat(on of such special service area,Idgludtng alt persons.THROUGH-SECTION-1-1 AFORESAID, AND ALSO.ALSO BEING THE.INTERSECTION OF THE CENTER- A ewnlna taxable real estate therein, may file written EXCEPT THAT PART LYING WESTERLY OF THE CEN- LINE OF BRISTOL-ROAD AND THE CENTERLINE OF.. I objections to and be heard orally regarding the formation TERLINE OF KENNEDY ROAD,AND ALSO EXCEPT KENNEDY ROAD),AS SHOWN ON THE SUBDIVISION ,of and the boundaries of the special service area,the THAT PART.LYING SOUTHERLY OF THE CHICAGO, PLAT OF STRUKEL S.PARADISE LAKE UNIT NO. 1; issuance of bonds and the levy.of taxes affecting the BURLINGTON AND QUINCY RAILROAD RUNNING RECORDED AS DOCUMENT#71.215,THENCE SOUTH. -a.The hearing may be adjourned by the City Council THROUGH SECTION 11 AFORESAID),IN THE TOWN- 37 DEGREES 39 MINUTES 00 SECONDS EAST 1778.85 out further notice other than a motion to be entered SHIP OF BRISTOL,KENDALL COUNTY,ILLINOIS. FEET ALONG THE CENTERLINE OF BRISTOL ROAD +the minutes of Its meeting fixing the time and place GRANDE RESERVE CENTRAL REGION FOR THE POINT OF BEGINNING;THENCE NORTH 52 1 rt as adjournment. THAT PART OF THE SOUTHEAST QUARTER OF SEC- DEGREES 21 MINUTES 00 SECONDS EAST 1343.89 g If❑.petition signed by at least,_51%of the electors resld- TION 11 ,THAT PART OF SECTION 14,AND THAT FEET TO A POINT;THENCE SOUTH 37 DEGREES 39 ing within the City of Yorkville Special Service Area PART OF THE NORTH HALF OF SECTION 23,TOWN- MINUTES 00 SECONDS EAST 1645.23 FEET TO A POINT Number 2004-106 Total,Grande Reserve and by at least SHIP 37 NORTH,RANGE 7 EAST OF THE THIRD PRIN- IN THE CENTERLINE OF ILLINOIS ROUTE 34;THENCE 1%of the owners of record of the land Included within CIPAL MERIDIAN DESCRIBED AS FOLLOWS: SOUTH 46 DEGREES 33 MINUTES 17 SECONDS WEST "me boundarles of the City of+Yorkvllle Special Service BEGINNING AT THE INTERSECTION OF THE CENTER- 7350,00 FEET ALONG SAID CENTERLINE OF ILLINOIS p Area Number 2004.106 Total Grande Reserve Is filed LINE OF KENNEDY ROAD WITH THE SOUTHERLY ROUTE 34 TO THE INTERSECTION OF THE CENTER- r-with the City Clerk of the City of Yorkville within 60 days LINE OF THE BURLINGTON NORTHERN RAILROAD LINE OF BRISTOL. ROAD; THENCE NORTH 37 s:following the final adjournment of the Public hearing RIGHT-OF-WAY THROUGH SAID SECTION 14;THENCE DEGREES 39 MINUTES 00 SECONDS WEST .1781.63 s objecting to the creation of the special service area,the NORTH 73 DEGREES 14 MINUTES 21 SECONDS EAST FEETALONG SAID CENTERLINE OF BRISTOL ROAD p issuance of bonds for theprovislon of special services to ALONG SAID SOUTHERLY LINE 1239.61 FEET TO THE TO THE POINT OF BEGINNING. 5'the area or the levy of taxes affecting the area,no such. NORTH LINE OF THE NORTHWEST QUARTER OF SAID ALSO: N area may be created and no such bonds may be issued SECTION 14;THENCE NORTH 88 DEGREES 04 MIN- THAT PART OF SECTIONS FOURTEEN (14) AND e pr taxes levied or Imposed r. UTES 00 SECONDS EAST,ALONG SAID NORTH LINE, TWENTY-THREE (23), ALL iN TOWNSHIP THIRTY- SEVEN(37)TO THE NORTHEAST CORNER OF SAID SEVEN(37)NORTH,RANGE SEVEN(7)EAST OF THE x.Legal Description of Property NORTHWEST .QUARTER; THENCE NORTH 87 THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOL- 6 DEGREES 54 MINUTES 03 SECONDS EAST ALONG THE LOWS: GRANDE RESERVE NORTH REGION SOUTH LINE OF SAID SOUTHEAST QUARTER OF SEC- COMMENCING AT THE SOUTHERLY CORNER OF u THAT PART OF THE SOUTHEAST QUARTER OF SEC TION 11,A DISTANCE OF 1329.33 FEET:TO THE WEST STRUKEL S PARADISE LAKE UNIT NO.1,(SAID POINT I.TION 11,TOWNSHIP`37'NORTH,RANGE 7 EAST OF LINE OF THE SOUTHEAST QUARTER-OF SAID SOUTH- ALSO BEING THE INTERSECTION OF THE CENTER- THE THIRD PRINCIPAL MERIDIAN DESCRIBED.AS EAST QUARTER;THENCE NORTH 01 DEGREES 21 LINE OF BRISTOL ROAD AND THE CENTERLINE OF w'FOLLOWS: MINUTES 20 SECONDS WEST ALONG SAID WEST LINE, KENNEDY ROAD),AS SHOWN ON THE SUBDIVISION p BEGINNING AT THE NORTHEAST CORNER OF SAID 511.01 FEET TO SAID SOUTHERLY LINE OF THE PLAT OF STRUKEL S PARADISE LAKE UNIT NO:,1, 6 SOUTHEAST QUARTER;THENCE WESTERLY ALONG BURLINGTON .NORTHERN RAILROAD; THENCE RECORDED AS DOCUMENT#71.215;THENCE NORTH 0,THE NORTH LINE OF SAID SOUTHEAST.QUARTER NORTH 73 DEGREES 14.MINUTES 21 SECONDS EAST, 60 DEGREES 17 MINUTES 26 SECONDS EAST 724.86 i 2029.92 FEET TO THE EAST LINE OF LOT 5 OF SAID ALONG SAID SOUTHERLY LINE,.837.66 FEET TO THE FEET ALONG THE CENTERLINE OF KENNEDY ROAD q.SECTION 1 I;THENCE SOUTHERLY ALONG SAID EAST CENTERLINE OF MILL ROAD,..THENCE SOUTH 74 TO THE POINT OF CURVATURE OF A 1094.72 FOOT LINE 1469.90 FEET TO THE CENTERLINE OF MILL 'DEGREES 18 MINUTES 13 SECONDS EAST ALONG RADIUS CURVE TO THE LEFT;THENCE NORTHEAST- ROAD;THENCE SOUTHEASTERLY ALONG SAID CEN- SAID CENTERLINE 546.02 FEET TO THE EAST LINE OF ERLY 631 18 FEET ALONG SAID'CURVE WHOSE TERLINE 1039.40 FEET TO A TRACT OF LAND CON- SAID SOUTHEAST QUARTER OF SECTION 11;THENCE CHORD BEARS NORTH 43 DEGREES 46 MINUTES 24 p'VEYED TO COMMONWEALTH EDISON COMPANY BY SOUTH 01 DEGREE 79 MINUTES 08 SECONDS EAST SECONDS EAST 622.47 FEET TO THE POINT OF TAN- TRUSTEES DEED RECORDED JUNE 28,1973 AS DOCU- ALONG SAID EAST LINE,556.17 FEET TO THE SOUTH- GENCY `OF SAID CURVE; THENCE NORTH 27 %,MENT 73-3089; THENCE NORTHEASTERLY ALONG EAST CORNER OF SAID SOUTHEAST QUARTER;,DEGREES 15 MINUTES 21 SECONDS EAST 11.57 FEET ?SAID NORTHERLY LINE 1062.36 FEET TO THE EAST THENCE SOUTH of DEGREE 19 MINUTES 08 SECONDS ALONG SAID CENTERLINE FOR THE POINT OF BEGIN. a.LINE OF SAID SOUTHEASTi QUARTER; THENCE EAST ALONG THE EAST LINE OF THE NORTHEAST NING, THENCE CONTINUE NORTH 27 DEGREES 15 NORTHERLY ALONG SAID EAST LINE`1489.22 FEET QUARTER OF SAID SECTION 14,A DISTANCE OF 1122.0 MINUTES 21 SECONDS EAST 551.92 FEET ALONG SAID TO THE POINT OF BEGINNING IN BRISTOL TOWNSHIP, FEET;THENCE SOUTH 87 DEGREES 45 MINUTES 51 CENTERLINE TO A POINT; THENCE SOUTH q5 KENDALL COUNTY,ILLINOIS.' - SECONDS WEST, 438.0 FEET TO THE NORTHEAST DEGREES 56 MINUTES 15 SECONDS EAST 1501.96 "ALSO: CORNER OF LYNWOOD SUBDIVISION EXTENSION FEET ALONG AN EXISTING FENCE LINE TO A POINT; y.THAT PART OF THE SOUTHEAST QUARTER OF SEC- FOUR;THENCE SOUTH 87 DEGREES 45 MINUTES 51 THENCE SOUTH.35 DEGREES 48'MINUTES 56 SEC- e TION 2,PART OF THE NORTHEAST QUARTER OF SEC SECONDS WEST,ALONG THE NORTHERLY LINE OF ONDS EAST 3104.69 FEETALONG SAID FENCE LINE TO Ji,TION'11 AND PART OF THE NORTHWEST QUARTER SAID LYNWOOD SUBDIVISION, EXTENSION FOUR, A POINT IN THE CENTERLINE OF ILLINOIS ROUTE 34; OF SECTION 12,TOWNSHIP 37 NORTH,RANGE 7 EAST 1168.80 FEET TO THE NORTHWEST CORNER THERE- THENCE SOUTH-46 DEGREES 33 MINUTES 17 SEC- r-,PF THE THIRD PRINCIPAL MERIDIAN,DESCRIBED AS OF, SOUTH 01 DEGREE 46 MINUTES 18 SEC-. ONDS WEST 652.28 FEET ALONG SAID CENTERLINE ,wjPOLLOWS:. ONDS EAST,ALONG THE WESTERLY LINE OF LYN• TO A POINT, NORTH-37 DEGREES 39 MIN. R'BEGINNING.AT THE SOUTHEAST CORNER.OF SAID WOOD SUBDIVISION,EXTENSIONS FOUR AND FIVE, UTES 00 SECONDS WEST 3421.68 FEET TO.THE POINT I-SECTION 2;THENCE SOUTH 89 DEGREES 28 MINUTES 1173.80 FEET TO AN IRON STAKE-THENCE SOUTH 01 OF BEGINNING, - sM SECONDS EAST ALONG THE NORTH LINE OF SAID DEGREE 47 MINUTES 49 SECONDS EAST,ALONG THE ALSO: ,;SECTION 72,99,96 FEET;THENCE SOUTH 2 DEGREES WESTERLY LINE OF LYNWOOD' SUBDIVISION, THAT-PART:OF THE SOUTH HALF OF SECTION:ll' :.36 MINUTES 28 SECONDS EAST 2654.27.FEET TO A EXTENSION FIVE,376.25 FEET TO AN IRON STAKE; ANQ PART OF THE NORTHWEST QUARTER OF SEC- ;;POINT ON THE SOUTH LINE OF THE NORTHWEST THENCE SOUTH 02.DEGREES 01 MINUTES 46 SEC- 116N 14,TOWNSHIP 37 NORTH,RANGE 7 EAST OF yQUARTER OF SAID SECTION 12,236.28 FEET EAST OF ONDS EAST ALONG THE WESTERLY,LINES OF LYN- THE THIRD PRINCIPAL MERIDIAN,bESCRIBED AS ,.THE SOUTHWEST.:CORNER OF SAID NORTHWEST WOOD SUBDIVISION, EXTENSIONS FIVE AND SIX; FOLLOWS: 'ARTER;THENCE NORTH 89 DEGREES 28 MINUTES 1950.62 FEET TO ANIRON STAKE;THENCE SOUTH 01 BEGINNING AT THE SOUTHWEST CORNER OF SEC 'CONDS WEST ALONG SAID SOUTH LINE 236.28 DEGREE 51 MINUTES 08 SECONDS EAST,ALONG THE TION 11•.THENCE SOUTH 0 DEGREES 57 MINUTES 0 TO THE SOUTHWEST CORNER OF SAID NORTH- WESTERLY LINE.:OF LYNW006 SUBDIVISION, SECONDS WEST 442 FEET T0.THE NORTH LINE OF THE RIGHT OF WAY OF THE CHICAGO,BURLINGTON DEGREES.55 MINUTES 0 SECONDS EAST ALONG SAIC EIt1 RAILROAD; THENCE N WEST E0 THENCE N DEGREES'E DEGRE S7 MINUTES 0 SEC0 DSEAST17728 FEET MINUTES SECO DSEAST 629 FEET THENCE ALONG SAID RIGHT OF WAY LINE TO THE SOUTH SOUTH 36 DEGREES 11 MINUTES 0 SECONDS E 61 LINE OF SECTION 11;THENCE SOUTH 89 DEGREES 53 2187 FEET;THENCE SOUTH 39 DEGREES 18 MINUTE! MINUTES 0 SECONDS EAST 1001;25 FEET ALONG THE 0 SECONDS EAST 3776.7 FEET TO THE CENTERLILI.JJ�� SOUTH LINE OF SAID SECTION 11 TO THE SOUTH- OF U. S. ROUTE 3A' THENCE NORTHEAST CORNER OF THE WEST HALF SAID SECTION ALONG SAID CENTERLINE 1353,FEEET TO TH ER E SOUTH 11;THENCE NORTH 89 DEGREES 54 MINUTES 0 SEC- WEST CORNER OF UNIT THREE, RIVER RIDGE M ONDS FAST 1339.5 FEET ALONG THE SOUTH LINE OF THENCE NORTHWESTERLY ALONG THE SOU 1i SAID SECTION 11 TO THE SOUTHEAST CORNER OF WESTERLY LINE OF SAID UNIT THREE,RIVER RIDGE THE WEST HALF OF THE SOUTHEAST QUARTER OF AND ALONG THE SOUTHWESTERLY LINE OF,UNII SAID SECTION II;THENCE:NORTH 0 DEGREES 40.MIN- TWO,RIVER RIDGE-2686 FEET.TO THE NORTHWEST UTES 0 SECONDS EAST 977.5 FEET TO THE CENTER- CORNER OF SAID.UNIT TWO,RIVER RIDGE;THENCE LINE OF THE HIGHWAY; THENCE NORTH 74 NORTHEASTERLY ALONG THE NORTHWESTERL';4 DEGREES 15 MINUTES 0 SECONDS WEST 727.2 FEET LINE OF SAID UNIT TWO,RIVER RIDGE AND ALONG ALONG SAID-CENTERLINE' THENCE NORTH 79 THE NORTHWESTERLY LINE OF.UNIT ONE, L04C DEGREES 70 MINUTES 0 SECONDS WEST 2877.4 FEET RIDGE.824.42 FEET To THE CENTERLINE OF STATE ALONG SAID CENTERLINE TO THE CENTERLINE OF A AID ROUTE 20;THENCE NORTHWESTERLY AL G E{ NORTH AND SOUTH HIGHWAY' THENCE SOUTH 7 SAID CENTERLINE 1886.5 FEET TO A LINE DRAW DEGREES 7 MINUTES 0 SECONDS EAST 364.8 FEET NORTH 69 DEGREES 10 MINUTES 0 SECONDS E 5 ALONG THE CENTER OF SAID NORTH AND SOUTH. FROM THE POINT OF-BEGINNING;THENCE SOUTHW HIGHWAY;THENCE NORTH 89 DEGREES 47 MINUTES DEGREES 10 MINUTES 0 SECONDS WEST 1084.7 FEE;1 0 SECONDS WEST 503.33 FEET TO THE WEST LINE OF TO THE POINT OF BEGINNING,IN THE TOWNSHIP: SAID SECTION 11; THENCE SOUTH 0 DEGREES 52 BRISTOL,KENDALL COUNTY,ILLINOIS_ 4 MINUTES 0 SECONDS WEST ALONG SAID WEST LINE EXCEPT FROM SAID PARCEL THAT PART LYING 1327.6 FEET TO THE POINT OF BEGINNING;EXCEPT NORTHERLY OF THE FOLLOWING DESCRIBED LINE THAT PART LYING NORTHERLY OF THE SOUTHERLY COMMENCING AT THE SOUTHWEST CORNER'OF RIGHT OF WAY LINE OF THE CHICAGO,BURLINGTON STRUKELS PARADISE LAKE UNIT 1-THENCE NORTH AND QUINCY RAILROAD AFORESAID IN THE TOWN. WESTERLY ALONG THE SOUTHWESTERLY LINE OF SHIP OF BRISTOL,KENDALL.COUNTY,ILLINOIS. SAID STRUKEL S PARADISE LAKE UNIT I,BEING THE j GRANDE RESERVE SOUTH REGION CENTERLINE OF BRISTOL RIDGE ROAD,ON A BEAR THAT PART OF SECTIONS 15,22 AND 23,TOWNSHIP 37.-ING OF NORTH 37 DEGREES 10 MINUTES 58 SECObID: NORTH,RANGE 7 EAST OF THE THIRD PRINCIPAL WEST WHICH IS THE BASIS OF BEARINGS FOR T41 MERIDIAN,DESCRIBED AS FOLLOW$: DESCRIPTION OF THIS LINE A DISTANCE OF*23,�;�11 COMMENCING AT THE POINT OF INTERSECTION OF FEET;THENCE SOUTH 52 DEGREES 49 MINUTE!p: THE NORTH AND SOUTH CENTERLINE OF SAID SEC. SECONDS WEST 50.00 FEET; THENCE SOUTI{; ; TION 15 WITH THE TANGENT OF THE CENTERLINE DEGREES 14 MINUTES 17 SECONDS WEST 3&I,Ot OF STATE AID ROUTE 20 AS ESTABLISHED?BY FEET THENCE NORTH 58'DEGREES 13 MIST 36,12± INSTRUMENT RECORDED MAY' 12,1952 AS DOCU- SECONDS WEST 139.28 FEET ?HENCE SOUTFI MENT 125479 THENCE WESTERLY ALONG SAID TAN- DEGREES 25'MINUTES 29 SECONDS WEST 15i GENT 185.32 FEET THENCE SOUTH E 17 DEGREES 20 FEET;THENCE SOUTH 40 DEGREES 17 MINUTES'.41 I- MINUTES 0 SECONDS EAST TO THE CENTERLINE OF SECONDS WEST 92.20 FEET THENCE SOUTH 4( SAID STATE AID ROUTE 20' THENCE SOUTH 17 DEGREES 43 MINUTES 21 SECONDS WEST 71.59 FET FOR DEGREE5 OF BEGINNING*THENCE ONORTHE7 ONDSC WESTTH8028 DEGREES THENCE TSOU,TH: bF I DEGREES 20 MINUTES 0 SECONDS WEST 11 3.8 FEET; DEGREES 04 MINUTES 20 SECONDS WEST 570:01 THENCE SOUTH 77 DEGREES 08 MINUTES 0 SECONDS FEET;THENCE'NORTH 83 DEGREES 13 428.4 FEET;THENCE NORTH 17 DEGREES 28 MINUTE^,-I WEST. SECONDS WEST794.49'FEET THENCE NORTH;, MINUTES 0 SECONDS WEST 1370.9 FEET TO THE CEN- DEGREES 06 MINUTES 46 SECONDS WEST 293� TERLINE OF STATE AID ROUTE 20;.THENCE NORTH FEET, SOUTH 79 DEGREES 22 MINUTES. 81 DEGREES'05 MINUTES 0 SECONDS WEST ALONG SECONDS WEST 178.89 FEET;THENCE SOUTHWEST SAID CENTERLINE 254.26 FEET TO A POINT 194J ERLY ALONG THE ARC OF A CURVE CONCAVE;T;C FEET EASTERLY AS MEASURED ALONG SAID-CEN- THE SOUTH,HAVING A RADIUS OF 180,00 FEET,H' TERLINE OF THE NORTHEAST CORNER OF ERICK- ING A CHORD BEARING OF SOUTH 82 DEGREES2' SON S SUBDIVISION;THENCE SOUTHERLY PARALLEL MINUTES 09 SECONDS WEST,A DISTANCE OF 306 WITH THE EASTERLY LINE OF SAID ERICKSON S SUB- FEET,THENCE SOUTHWESTERLY 94.34 FEET,M E ' DIVISION,462 FEET;THENCE WESTERLY PARALLEL OR LESS,TO A POINT IN.THE WESTERLY LINEF WITH THE CENTERLINE OF SAID ROAD 194.7 FEET TO SAID PARCEL, SAID POINT BEING 1,100,00 FEET THE EASTERLY LINE OF SAID SUBDIVISION;THENCE NORTHWESTERLY OF THE CENTERLINE ��'OF SOUTHERLY ALONG SAID EASTERLY LINE TO THE KENNEDY ROAD AS MEASURED ALONG RUNE S? SOUTHEAST CORNER OF SAID SUBDIVISION;THENCE.ERLY LINE,,FOR THE TERMINUS OF SAID LINE. WESTERLY ALONG THE SOUTHERLY-LINE'OF SAID - SUBDIVISION AND SAID LINE EXTENDED 1785.3 FEET TO A POINT ON THE WEST LINE OF THE SOUTHWEST QUARTER.OF SAID SECTION 15,THENCE SOUTH'0 E hiblt 2 to N,tio, ...4 Variable Rate SSA �. :ym . ..Fr _ .. low I x� n 'n; ® c� � N , k mrx xt I i; w n eel IV WWI-, k 9 ,y a. I A r A. Exhibit B To Establishing Ordinance Evidence of Mailing 011.552566.3 e yy L �A =FIED MAILTM,AECEIP 17- � P V.S. Postal ServideTm, m co Ir mail Only;No insurance coverage Pvovideqq U'l t f i _ Q Ln u7 Postage w Postage �v309 nj Certified Fee I n Certified Fee (V i ��/J? tn ° Return Reciept Fee Postma�9Q Return Reciept Fee H Po ey Q (Endorsement Required) ere 9s (Endorsement Required) d re, r f O' ° Restricted Delivery e Q Q Restricted Delivery Fee il/ Q N �' J M (Endorsement Required) {� ? 0 (Endorsement Required) © ° f U Total Postage&Fees Is N /V/ N Total Postage&Fees $ J ru Sent To E3 Sent To Marie Mankle / ° Francis Steinbrecher, et al. O Vol b�� - C� Street,Apt.No.; 70 Ontario Street ------ rL treat,Apt orPOBoxNa. or PO Box No. 1237 W. Farwell ------ , ---- EApT 3507 Grty,State,ZIP+4 -----------------------•-------------1 Gify,State,ZIP+4 CFEago,TU-6i1b26 Chicago, IL 60611 11 Ps rm 38P0,June +e See Reverse forInstrutftions r�- es _ ru D- ♦• • • . . .-• ° Ln Postage IM Certified Fee 10900 ° Return Reciept Fee P mar sp Q (Endorsement Required) Her 1:3 O Restricted Delivery Fee LU ' M (Endorsement Required) Q rU Total Postage&Fees $ ��} rU p Sent To ----Suburbarr-B-mk-&-TTus �- ° - -Tr 74-3216------ ----------------- - tti Street,Apt.No.; c/o Isenstein Pas uinelli LLC or Po Box No. q city,star;zip*a----6880-N-:•Frontage-R'oad--Suite-100-------------� Burr Ride IL 60527 COMPLETE •N COMPLETE THIS SECTION ON • Complete items 1,2,and 3.Also complete A. Si at re item 4 if Restricted Delivery is desired. X /j ❑Agent • Print your name and address on the reverse —p Addressee so that we can return the card to you. B. R cefved y(Printgd Name) C. Da of elivery • Attach this card to the back of the mailpiece, j /� or on the front if space permits. Cam' cj� % S 1. Article Addressed to: D. Is delivery address different.from item 1? ❑Yes If YES,enter delivery address below: ❑No Suburban Bank&Trust— Tr 74-3216 c/o Isenstein Pasquinelli LLC 6880 N.Frontage Road, Suite 100 Burr Ridge,IL 60527 3. Service Type ,Certified Mail ❑Express Mail ❑Registered ❑Return Receipt for Merchandise ❑Insured Mail ❑C.O.D. 4. Restricted Delivery?(Extra Fee) ❑Yes 2. Article Number (Cransferfrom service iabeq _ 7002 2 0 3 0 0002 51_,_9_5_0927 PS Form 3811,August 2001 Domestic Return Receipt 102595-02-M-1540 i r� C:I e Ln IT' r9 Ln Postage $ p90 t� � Certified Fee � p, Return Redept Fee P ' E3 (Endorsement Required) ' :,/� Herd O Restricted Delivery Fee ; ! M (Endorsement Required) !, OTotal Postage 8 Fees N 0 Sent To E3 Dale Konicek, et al. (� Street Apt.No------------------------------------------------------- ------------- orPO Box No. 6321 Walker Road ----- Gdy,Sfate,ZlP+4 Yorkville;TL 6q5 60F-----------°---------- ON 1 COMPLETE • ON DELIVERY. SENDER:COMPLETE THIS SECTI ■ Complete items 1,2,and 3.Also complete A. Signature item 4 if Restricted Delivery is desired. X ❑Agent ■ Print our name and address on the reverse y ,. so that we can return the card to you. B. Received by(Printed Name) Date of Delivery ■ Attach this card to the back of the mailpiece, or on the front if space permits. D. Is delivery address different from ite 12 ❑Yes 1. Article Addressed to: If YES,enter delivery address belo ❑iN! iii Dale Konicek, et al. � R 6321 Walker Road Yorkville, IL 60560 3. Service Type Certified Mail ❑Express Mail ❑ Registered ❑ Return Receipt for Merchandise ❑ Insured Mail ❑C.O.D. 4. Restricted Delivery?(Extra Fee) ❑Yes 2. Article Number 7002 2030 0002 51,95 091,0 (Transfer from service label) _._— _ —__ __—_ PS Form 3811,August 2001 Domestic Return Receipt 102595-02-M-1540 B . � rrl Er O �� r Ln Er r-i V"1 Postage $ � Certified Fee 1\ ED Return Red I Fee os �9Gu EJ (Endorsement Required) gg��, tP` = RCUQ ' (Y E3 Restricted Delivery Fee O (Endorsement Required) N `\ ^ e Total Postage&Fes ru C3 Sent To o s CNC ILAF#V LLC r� 3treei,Apr: ----------- cIo Tlie In7and`I�eal Estate Group orP06oxNC.- ------P-O-Box-CNC-#1-746----------------------- Ciry,State,ZtP+B '--"--""- Lombard,IL 60148 SENDER:COMPLETE THIS SECTION, COMPLETE THIS I SECTION ON • Complete items 1,2,and 3.Also complete A. Signa e item 4 if Restricted Delivery is desired. Agent • Print your name and address on the reverse X Addressee so that we can return the card to you. B. Received by(Printed Name) C. Date of Deliv ry • Attach this card to the back of the mailpiece, or on the front if space permits. D. Is delivery address different from item 1? 11 Yes 1. Article Addressed to: If YES,enter delivery address below: '?"No CNC ILAF#V LLC C/o The Inland Real Estate Group PO Box CNC#1746 Lombard,IL 60148 3. Service Type ,,<Certified Mail ❑Express Mail ❑ Registered ❑ Return Receipt for Merchandise ❑Insured Mail ❑C.O.D. 4. Restricted Delivery?(Extra Fee) ❑Yes 2. Article Number (rrans fer from;service label) 7 0 0 2 2 0 3 0 0 0 0 2 51,9 5 0903 PS Form 3811,August 2001 Domestic Return Receipt 102595-02-M-1540 Er ## • + Ln Er O ,a `n Postage $ RJ 0 Certified Fee 1:3 Return Reciept Fee Fos (Endorsement Required) }� N O Restricted Delivery Fee zn d% M (Endorsement Required) M Total Postage&F *C.Zwemke OSent To Moser Enterprises,Inc. r- 'Wieet,nP('rifo.;...5th-AVenue 3fatian--------------------------------------- orPO Box No. ---- aOOEast.5�-Avenuer.3uite.a30-------------------- c;ty 57ate,ZIP+4 Naperville, IL 60563 COMPLETE ■ Complete items 1,2,and 3.Also complete A. Sign e item 4 if Restricted Delivery is desired. X ❑Agent • Print your name and address on the reverse ❑Addressee so that we can return the card to you. B. Receiv d y(Print Name) C. Date of Delivery • Attach this card to the back of the mailpiece, or on the front if space permits. 7. Article Addressed to: D. Is delivery address different from item 1? ❑Yes If YES,enter delivery address below. ❑ No Arthur C.Zwemke Preside..t and CEO Moser Enterprises,Inc. ' 5`h Avenue Station - 300 East 5th Avenue,Suite 430 3. Service Type Naperville,IL 60563 }S(Certified Mail ❑Express Mail ❑Registered ❑ Return Receipt for Merchandise ❑Insured Mail ❑C.O.D. 4. Restricted Delivery?(Extra Fee) ❑Yes 2. Article Number (Transfer from service label) ?002 2 0 3 0 0002 519 5 0941 PS Form 3811,August 2001 Domestic Return Receipt 102595-02-M-1540 E3 s e ° r L1 Postage $ ,{[05�9 ° Certified Fee ostmiak ° � Return Reciept Fee Her 61 D, C3 (Endorsement Required) N �( F ° Restricted Delivery Fee Q M (Endorsement Required) C3 N Total Postaae&Fees o Sent To isenstein& Pasquinelli LLC ° ---------- (, street,Apt.No.; f 88fl If oritagLe I�oacl; iiife II)Q or PO Box No. $blrr-Ridge;-I'I=.--60-527 ------------------ ---------------------- Ciry,State,ZIP+� . SENDER: • •N COMPLETE THIS SECTION ON DELIVERY ■ Complete items 1,2,and 3.Also complete A latul item 4 if Restricted Delivery is desired. El Agent ■ Print your name and address on the reverse X LX' -� -El Addressee so that we can return the card to you. B. Rft1veVd Printed Name) C. Da of D?Iiv ery ■ Attach this card to the back of the mailpiece, or on the front if space permits. D. Is delivery address different from item 1? El Yes 1. Article Addressed to: If YES,enter delivery address below: ❑No Isenstein&Pasquinelli 6880 N. Frontage Road, Suite 100 Burr Ridge, IL 60527 3. Service Type X Certified Mail ❑Express Mail ❑ Registered ❑Return Receipt for Merchandise ❑ Insured Mail ❑C.O.D. 4. Restricted Delivery?(Extra Fee) ❑Yes 2. Article Number ((ranter from service/abbeq 7002 2 0 3 0 0002 519 5 0880 PS Form 3811,August 2001 Domestic Return Receipt 102595-02-M-1540 ru e n D"' E3 rf, • . . , r—i u-t r—1 Postage OCertifted Fee � ?�.`� W� Postmark 1� 1 0 Return Reciept Fee C3 (Endorsement Required) 7lerej� dy 1:3 'Restricted Delivery Fee _ M (Endorsement Required) �© 0 t Total Postage&Fees IS OSent To Nsireet,Apt:No.;------Wl'-;2 Yorkville North LLC ------� or PO Box No. 68$0 North Frontage Road Suite 100-"_ City,State,ZIP+4 -""" Burr Ridge,IL 60527 SENDER'COMPLETE THIS SECTION COMPLETE THIS I a SECTION DELIVERY ■ Complete items 1,2,and 3.Also complete A. Sign re item 4 if Restricted Delivery is desired. i ❑Agent ■ Print your name and address on the reverse X ❑Addressee so that we can return the card to you. B. ceived by(Printed Name) C. Date of Delivery ■ Attach this card to the back of the mailpiece, j l i�( I�g p or on the front if space permits. t V D. Is delivery address different from item 1? Uyes 1. Article Addressed to: If YES,enter delivery address below: ❑No MPI-2 YORKVILLE NORTH LLC 6880 NORTH FRONTAGE ROAD SUITE 100 3. Service Type BURR RIDGE, IL 60527 ®Certified Mail 11 Express Mail ❑ Registered ❑Return Receipt for Merchandise ❑ Insured Mail ❑C.O.D. 4. Restricted Delivery?(Extra Fee) ❑Yes 2. Article Number (Transfer from service labeq _ _ 7002 2 0 3 0 0002 519 5 1092 PS Form 3811',August 2001 Domestic ReturmReceipt t` '° a 102595-o2-M-1540 rq Ln ul Postage $ N i` Certified Fee C3 O Postmark Return Reciept Fee ! fi Here mp r-3 (Endorsement Required) E3 Restricted Delivery Fee M (Endorsement Required} N Total Postage&Fees r3:Sent To MP1_2 yorkville South LLC ef,-a"pf.Nb:;""" 6880 North Frontage Road,Suite 100 OboxNo. Burr Ridge,IL 60527,State.ZIP+4 - j COMPLETE-THIS • •MPLETE THIS SECTION ON DELIVERY • Complete items 1,2,and 3.Also complete A. Signatu / item 4 if Restricted Delivery is desired. ❑Agent • Print your name and address on the reverse X ❑Addressee - so that we can return the card to you. B. Received by(Pri d Name) C. Dat of elivery • Attach this card to the back of the mailpiece, rG 8� or on the front if space permits. G /u D. Is delivery dress different from item 1? ❑Yes 1. Article Addressed to: If YES,enter delivery address below: ❑No MPI-2 YORKVILLE SOUTH I LLC 6880 NORTH FRONTAGE ROAD SUITE 100 3. Service Type BURR RIDGE, IL 60527 ®Certified Mail ❑Express Mail ❑Registered 0 Return Receipt for Merchandise O Insured Mail ❑C.O.D. 4. Restricted Delivery?(Extra Fee) Q Yes 2. Article Number (rransferfrom service tabel) 7002 2030 0002 5195 1047 PS Form 3811,August 2001 Domestic Return Receipt` 102595-02-M-1540 a 1 ' • cp A e e r` Im BQ - • r s e—e � �..ems: ul a— rq Lr) Postage $ ru � 7 Certified Fee ED Return Reciept Fee -c°; (Endorsement Required) 1 Heret y C3 Restricted Delivery Fee Iw! �r t M (Endorsement Required) O Jfl rU ` Total Postage&Fees ru Senf Ta i__ MP1-2 Yorkville Central LLC _______________ tti rsieer Apt No:'°" 6880 North Frontage Road,Suite 100 j or PO Box Na. ' e ------Bttrr-Ridge--1L;--6052 7--------------------------- Cray,Sfate,ZIP+.4 PSFormi:60 rr SENDER: • •N COMPLETE THIS SECTION ON DELIVERY ■ Complete items 1,2,and 3.Also complete A./ ignatuyp item 4 if Restricted Delivery is desired. ❑Agent ■ Print your name and address on the reverse El Addressee so that we can return the card to you. B. Red�ived by(Printe Namef C. Da of Delivery ■ Attach this card to the back of the mailpiece, or on the front if space permits. c- D. Is delivery address different from item 1? 0 Yes 1. Article Addressed to: If YES,enter delivery address below: ❑No MPI-2 YORKVILLE CENTRAL LLC 6880 NORTH FRONTAGE ROAD SUITE 100 BURR RIDGE, IL 60527 s. service Type 10 Certified Mail ❑Express Mail ❑ Registered ❑Return Receipt for Merchandise ❑Insured Mail ❑C.O.D. 4. Restricted Delivery?(Extra Fee) ❑Yes 2. Article Number (Transfer from service/abet) _J002 2 0 3 0 0002 519 5 10?8 PS Form 3811,August 2001 Domestic Return Receipt 102595-02-M-1540 A NOTICE OF HEARING UNITED CITY OF YORKVILLE SPECIAL SERVICE AREA NUMBER 2004-106 TOTAL GRANDE RESERVE NOTICE IS HEREBY GIVEN that on March 23, 2004 at 7:00 p.m. at the Yorkville City Hall, 800 Game Farm Road, Yorkville, Illinois, a hearing will be held by the City of Yorkville to consider forming a special service area, to be called "City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve," consisting of the territory legally described in Exhibit 1 to this Notice. The approximate street location is the area generally depicted on the map of a portion of the City, which map is attached as Exhibit 2 to this Notice. The general purpose of the formation of the City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve is to provide special municipal services to the area which may include: engineering, soil testing and appurtenant work, mass grading and demolition, storm water management facilities, storm drainage systems and storm sewers, site clearing and tree removal, public water facilities, sanitary sewer facilities, erosion control measures, roads, streets, curbs, gutters, street lighting, traffic controls, sidewalks, equestrian paths and related street improvements, and equipment and materials necessary for the maintenance thereof, public parks, park improvements and bicycle paths, landscaping, wetland mitigation and tree installation, costs for land and easement acquisitions relating to any of the foregoing improvements, required tap-on and related fees for water or sanitary sewer services and other eligible costs. There will also be considered at the hearing the following alternative methods of financing improvements within the proposed special service area: (i) the levy of a tax by the City in the proposed special service area, sufficient to produce revenues to provide special municipal services to the proposed special service area; the maximum rate of such taxes to be extended in any year within the proposed special service area which shall not exceed the amount necessary to produce a maximum annual tax levy of $2,000,000 in accordance with the special tax roll referred to below, and (ii) the issuance of special tax bonds in an aggregate principal amount not to exceed $16,000,000 at an interest rate of not to exceed the greater of nine percent (9%) per annum or 125% of the rate for the most recent date shown in the 20 G.O. Bonds Index of average municipal bond yields as published in the most recent edition of The Bond Buyer, published in New York, New York, at the time the contract is made for the sale of the bonds, and to mature within thirty (30) years from the date of their issuance. The bonds, if issued, shall be retired by the levy of an annual tax established pursuant to a special tax roll to pay the interest on such bonds as it falls due and to discharge the principal thereof at maturity and to pay the costs of administration and maintenance of the special service area, said tax to be levied upon all taxable property within the proposed special service area. 011.551431.2 At the hearing, all interested persons affected by the formation of such special service area, including all persons owning taxable real estate therein, may file written objections to and be heard orally regarding the formation of and the boundaries of the special service area, the issuance of bonds and the levy of taxes affecting the area. The hearing may be adjourned by the City Council without further notice other than a motion to be entered upon the minutes of its meeting fixing the time and place of its adjournment. If a petition signed by at least 51% of the electors residing within the City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve and by at least 51% of the owners of record of the land included within the boundaries of the City of Yorkville Special Service Area Number 2004-106 Total Grande Reserve is filed with the City Clerk of the City of Yorkville within 60 days following the final adjournment of the public hearing objecting to the creation of the special service area, the issuance of bonds for the provision of special services to the area or the levy of taxes affecting the area, no such area may be created and no such bonds may be issued or taxes levied or imposed. 2 011.551431.2 Exhibit 1 to Notice GRANDE RESERVE NORTH REGION THAT PART OF THE SOUTHEAST QUARTER OF SECTION 11, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID SOUTHEAST QUARTER; THENCE WESTERLY ALONG THE NORTH LINE OF SAID SOUTHEAST QUARTER 2029.92 FEET TO THE EAST LINE OF LOT 5 OF SAID SECTION 11; THENCE SOUTHERLY ALONG SAID EAST LINE 1469.90 FEET TO THE CENTERLINE OF MILL ROAD; THENCE SOUTHEASTERLY ALONG SAID CENTERLINE 1039.40 FEET TO A TRACT OF LAND CONVEYED TO COMMONWEALTH EDISON COMPANY BY TRUSTEE'S DEED RECORDED JUNE 28, 1973 AS DOCUMENT 73-3089; THENCE NORTHEASTERLY ALONG SAID NORTHERLY LINE 1062.36 FEET TO THE EAST LINE OF SAID SOUTHEAST QUARTER; THENCE NORTHERLY ALONG SAID EAST LINE 1489.22 FEET TO THE POINT OF BEGINNING IN BRISTOL TOWNSHIP, KENDALL COUNTY, ILLINOIS. ALSO: THAT PART OF THE SOUTHEAST QUARTER OF SECTION 2, PART OF THE NORTHEAST QUARTER OF SECTION 11 AND PART OF THE NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF SAID SECTION 2; THENCE SOUTH 89 DEGREES 28 MINUTES 21 SECONDS EAST ALONG THE NORTH LINE OF SAID SECTION 12, 99.96 FEET; THENCE SOUTH 2 DEGREES 26 MINUTES 28 SECONDS EAST 2654.27 FEET TO A POINT ON THE SOUTH LINE OF THE NORTHWEST QUARTER OF SAID SECTION 12, 236.28 FEET EAST OF THE SOUTHWEST CORNER OF SAID NORTHWEST QUARTER; THENCE NORTH 89 DEGREES 28 MINUTES 58 SECONDS WEST ALONG SAID SOUTH LINE 236.28 FEET TO THE SOUTHWEST CORNER OF SAID NORTHWEST QUARTER; THENCE NORTH 89 DEGREES 31 MINUTES 16 SECONDS WEST ALONG THE SOUTH LINE OF THE NORTHEAST QUARTER OF SAID SECTION 11, 2028.27 FEET TO THE EXTENSION SOUTHERLY OF THE EASTERLY LINE OF LOT 1 OF STORYBOOK HIGHLANDS, A SUBDIVISION IN SAID SECTION 11; THENCE NORTH 1 DEGREE 06 MINUTES 53 SECONDS EAST ALONG SAID EXTENDED LINE 1030.0 FEET; THENCE SOUTH 89 DEGREES 06 MINUTES 37 SECONDS EAST 239.40 FEET; THENCE NORTH 1 DEGREE 06 MINUTES 53 SECONDS EAST 872.93 FEET TO THE CENTERLINE OF CANNONBALL TRAIL; THENCE NORTH 66 DEGREES 09 MINUTES 20 SECONDS EAST ALONG SAID CENTERLINE 898.31 FEET; THENCE NORTHEASTERLY ALONG SAID 1 CENTERLINE, BEING ALONG A CURVE TO THE LEFT HAVING A RADIUS OF 2290.82 FEET, A DISTANCE OF 495.34 FEET; THENCE NORTH 53 DEGREES 46 MINUTES EAST ALONG SAID CENTERLINE 654.29 FEET TO THE EAST LINE OF SAID SECTION 2; THENCE SOUTH 0 DEGREES 30 MINUTES 10 SECONDS WEST ALONG SAID EAST LINE 262.54 FEET TO THE POINT OF BEGINNING, IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY, ILLINOIS. ALSO: THAT PART OF THE SOUTH HALF OF SECTION 11, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SECTION 11; THENCE SOUTH 0 DEGREES 57 MINUTES 0 SECONDS WEST 442 FEET TO THE NORTH LINE OF THE RIGHT OF WAY OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD; THENCE NORTH 75 DEGREES 17 MINUTES 0 SECONDS EAST 1728 FEET ALONG SAID RIGHT OF WAY LINE TO THE SOUTH LINE OF SECTION 11; THENCE SOUTH 89 DEGREES 53 MINUTES 0 SECONDS EAST 1001.25 FEET ALONG THE SOUTH LINE OF SAID SECTION 11 TO THE SOUTHEAST CORNER OF THE WEST HALF OF SAID SECTION 11; THENCE NORTH 89 DEGREES 54 MINUTES 0 SECONDS EAST 1339.5 FEET ALONG THE SOUTH LINE OF SAID SECTION 11 TO THE SOUTHEAST CORNER OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SAID SECTION 11; THENCE NORTH 0 DEGREES 40 MINUTES 0 SECONDS EAST 977.5 FEET TO THE CENTERLINE OF THE HIGHWAY; THENCE NORTH 74 DEGREES 15 MINUTES 0 SECONDS WEST 727.2 FEET ALONG SAID CENTERLINE; THENCE NORTH 79 DEGREES 10 MINUTES 0 SECONDS WEST 2877.4 FEET ALONG SAID CENTERLINE TO THE CENTERLINE OF A NORTH AND SOUTH HIGHWAY; THENCE SOUTH 7 DEGREES 7 MINUTES 0 SECONDS EAST 364.8 FEET ALONG THE CENTER OF SAID NORTH AND SOUTH HIGHWAY; THENCE NORTH 89 DEGREES 47 MINUTES 0 SECONDS WEST 503.33 FEET TO THE WEST LINE OF SAID SECTION 11; THENCE SOUTH 0 DEGREES 52 MINUTES 0 SECONDS WEST ALONG SAID WEST LINE 1327.6 FEET TO THE POINT OF BEGINNING (EXCEPT THAT PART OF RIGHT OF WAY OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD RUNNING THROUGH SECTION 11 AFORESAID, AND ALSO EXCEPT THAT PART LYING WESTERLY OF THE CENTERLINE OF KENNEDY ROAD, AND ALSO EXCEPT THAT PART LYING SOUTHERLY OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD RUNNING THROUGH SECTION 11 AFORESAID), IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY, ILLINOIS. 2 GRANDE RESERVE CENTRAL REGION THAT PART OF THE SOUTHEAST QUARTER OF SECTION 11, THAT PART OF SECTION 14, AND THAT PART OF THE NORTH HALF OF SECTION 23, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE CENTERLINE OF KENNEDY ROAD WITH THE SOUTHERLY LINE OF THE BURLINGTON NORTHERN RAILROAD RIGHT-OF-WAY THROUGH SAID SECTION 14; THENCE NORTH 73 DEGREES 14 MINUTES 21 SECONDS EAST ALONG SAID SOUTHERLY LINE 1239.61 FEET TO THE NORTH LINE OF THE NORTHWEST QUARTER OF SAID SECTION 14; THENCE NORTH 88 DEGREES 04 MINUTES 00 SECONDS EAST, ALONG SAID NORTH LINE, 610.29 FEET TO THE NORTHEAST CORNER OF SAID NORTHWEST QUARTER; THENCE NORTH 87 DEGREES 54 MINUTES 03 SECONDS EAST ALONG THE SOUTH LINE OF SAID SOUTHEAST QUARTER OF SECTION 11, A DISTANCE OF 1329.33 FEET TO THE WEST LINE OF THE SOUTHEAST QUARTER OF SAID SOUTHEAST QUARTER; THENCE NORTH 01 DEGREES 21 MINUTES 20 SECONDS WEST ALONG SAID WEST LINE, 511.01 FEET TO SAID SOUTHERLY LINE OF THE BURLINGTON NORTHERN RAILROAD; THENCE NORTH 73 DEGREES 14 MINUTES 21 SECONDS EAST, ALONG SAID SOUTHERLY LINE, 837.66 FEET TO THE CENTERLINE OF MILL ROAD; THENCE SOUTH 74 DEGREES 18 MINUTES 13 SECONDS EAST ALONG SAID CENTERLINE 546.02 FEET TO THE EAST LINE OF SAID SOUTHEAST QUARTER OF SECTION 11; THENCE SOUTH 01 DEGREE 19 MINUTES 08 SECONDS EAST ALONG SAID EAST LINE, 556.17 FEET TO THE SOUTHEAST CORNER OF SAID SOUTHEAST QUARTER; THENCE SOUTH 01 DEGREE 19 MINUTES 08 SECONDS EAST ALONG THE EAST LINE OF THE NORTHEAST QUARTER OF SAID SECTION 14, A DISTANCE OF 1122.0 FEET; THENCE SOUTH 87 DEGREES 45 MINUTES 51 SECONDS WEST, 438.0 FEET TO THE NORTHEAST CORNER OF LYNWOOD SUBDIVISION, EXTENSION FOUR; THENCE SOUTH 87 DEGREES 45 MINUTES 51 SECONDS WEST, ALONG THE NORTHERLY LINE OF SAID LYNWOOD SUBDIVISION, EXTENSION FOUR, 1168.80 FEET TO THE NORTHWEST CORNER THEREOF; THENCE SOUTH 01 DEGREE 46 MINUTES 18 SECONDS EAST, ALONG THE WESTERLY LINE OF LYNWOOD SUBDIVISION, EXTENSIONS FOUR AND FIVE, 1173.80 FEET TO AN IRON STAKE; THENCE SOUTH 01 DEGREE 47 MINUTES 49 SECONDS EAST, 3 ALONG THE WESTERLY LINE OF LYNWOOD SUBDIVISION, EXTENSION FIVE, 376.25 FEET TO AN IRON STAKE; THENCE SOUTH 02 DEGREES 01 MINUTES 46 SECONDS EAST ALONG THE WESTERLY LINES OF LYNWOOD SUBDIVISION, EXTENSIONS FIVE AND SIX, 1950.62 FEET TO AN IRON STAKE; THENCE SOUTH 01 DEGREE 51 MINUTES 08 SECONDS EAST, ALONG THE WESTERLY LINE OF LYNWOOD SUBDIVISION, EXTENSION SIX, 879.29 FEET TO THE CENTERLINE OF U. S. ROUTE NO. 34; THENCE SOUTH 45 DEGREES 14 MINUTES 47 SECONDS WEST ALONG SAID CENTERLINE 878.60 FEET; THENCE NORTH 37 DEGREES 07 MINUTES 26 SECONDS WEST, 2106.30 FEET; THENCE NORTH 47 DEGREES 17 MINUTES 26 SECONDS WEST, 1500.85 FEET TO THE CENTERLINE OF KENNEDY ROAD AND THE EASTERNMOST CORNER OF A TRACT DESCRIBED IN A QUIT CLAIM DEED TO GEORGE AND GLENNA PATTERSON, HUSBAND AND WIFE, RECORDED AS DOCUMENT NO. 72- 375 ON JANUARY 25, 1972; THENCE NORTH 25 DEGREES 56 MINUTES 49 SECONDS EAST ALONG SAID CENTERLINE 236.34 FEET; THENCE NORTHEASTERLY AND NORTHERLY, A RADIUS OF 800.0 FEET; AN ARC DISTANCE OF 419.10 FEET; THENCE NORTH 04 DEGREES 04 MINUTES 07 SECONDS WEST ALONG SAID CENTERLINE 531.06 FEET; THENCE NORTH 05 DEGREES 06 MINUTES 07 SECONDS WEST ALONG SAID CENTERLINE 1866.0 FEET TO THE POINT OF BEGINNING IN BRISTOL TOWNSHIP, KENDALL COUNTY, ILLINOIS AND CONTAINING 372.223 ACRES. ALSO: THAT PART OF SECTIONS FOURTEEN (14), FIFTEEN (15) AND TWENTY- THREE (23), ALL IN TOWNSHIP THIRTY-SEVEN (37) NORTH, RANGE SEVEN (7) EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHERLY CORNER OF STRUKEL'S PARADISE LAKE UNIT NO. 1, (SAID POINT ALSO BEING THE INTERSECTION OF THE CENTERLINE OF BRISTOL ROAD AND THE CENTERLINE OF KENNEDY ROAD), AS SHOWN ON THE SUBDIVISION PLAT OF STRUKEL'S PARADISE LAKE UNIT NO. 1 RECORDED AS DOCUMENT #71-215; THENCE NORTH 60 DEGREES 17 MINUTES 26 SECONDS EAST, 724.86 FEET ALONG THE CENTERLINE OF KENNEDY ROAD TO THE POINT OF CURVATURE OF A 1094.72 FOOT RADIUS CURVE TO THE LEFT; THENCE NORTHEASTERLY 631.18 FEET ALONG SAID CURVE WHOSE CHORD BEARS NORTH 43 DEGREES 46 MINUTES 24 SECONDS EAST 622.47 FEET TO THE POINT OF TANGENCY OF SAID CURVE; THENCE NORTH 27 DEGREES 15 MINUTES 21 SECONDS EAST 11 .57 FEET ALONG SAID CENTERLINE TO A POINT; THENCE SOUTH 37 DEGREES 39 MINUTES 00 SECONDS EAST 1776.45 FEET TO A POINT; THENCE SOUTH 52 DEGREES 21 MINUTES 00 SECONDS WEST 1343.89 FEET TO A POINT IN THE CENTERLINE OF a BRISTOL ROAD; THENCE NORTH 37 DEGREES 39 MINUTES 00 SECONDS WEST 1778.85 FEET ALONG SAID CENTERLINE TO THE POINT OF BEGINNING. ALSO: THAT PART OF SECTIONS FOURTEEN (14) AND TWENTY-THREE (23), ALL IN TOWNSHIP THIRTY-SEVEN (37) NORTH, RANGE SEVEN (7) EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHERLY CORNER OF STRUKEL'S PARADISE LAKE UNIT NO. 1, (SAID POINT ALSO BEING THE INTERSECTION OF THE CENTERLINE OF BRISTOL ROAD AND THE CENTERLINE OF KENNEDY ROAD), AS SHOWN ON THE SUBDIVISION PLAT OF STRUKEL'S PARADISE LAKE UNIT NO. 1, RECORDED AS DOCUMENT #71-215; THENCE SOUTH 37 DEGREES 39 MINUTES 00 SECONDS EAST 1778.85 FEET ALONG THE CENTERLINE OF BRISTOL ROAD FOR THE POINT OF BEGINNING; THENCE NORTH 52 DEGREES 21 MINUTES 00 SECONDS EAST 1343.89 FEET TO A POINT; THENCE SOUTH 37 DEGREES 39 MINUTES 00 SECONDS EAST 1645.23 FEET TO A POINT IN THE CENTERLINE OF ILLINOIS ROUTE 34; THENCE SOUTH 46 DEGREES 33 MINUTES 17 SECONDS WEST 1350.80 FEET ALONG SAID CENTERLINE OF ILLINOIS ROUTE 34 TO THE INTERSECTION OF THE CENTERLINE OF BRISTOL ROAD; THENCE NORTH 37 DEGREES 39 MINUTES 00 SECONDS WEST 1781.63 FEET ALONG SAID CENTERLINE OF BRISTOL ROAD TO THE POINT OF BEGINNING. ALSO: THAT PART OF SECTIONS FOURTEEN (14) AND TWENTY-THREE (23), ALL IN TOWNSHIP THIRTY-SEVEN (37) NORTH, RANGE SEVEN (7) EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHERLY CORNER OF STRUKEL'S PARADISE LAKE UNIT NO. 1, (SAID POINT ALSO BEING THE INTERSECTION OF THE CENTERLINE OF BRISTOL ROAD AND THE CENTERLINE OF KENNEDY ROAD), AS SHOWN ON THE SUBDIVISION PLAT OF STRUKEL'S PARADISE - LAKE UNIT NO. 1, RECORDED AS DOCUMENT #71-215; THENCE NORTH 60 DEGREES 17 MINUTES 26 SECONDS EAST 724.86 FEET ALONG THE CENTERLINE OF KENNEDY ROAD TO THE POINT OF CURVATURE OF A 1094.72 FOOT RADIUS CURVE TO THE LEFT; THENCE NORTHEASTERLY 631.18 FEET ALONG SAID CURVE WHOSE CHORD BEARS NORTH 43 DEGREES 46 MINUTES 24 SECONDS EAST 622.47 FEET TO THE POINT OF TANGENCY OF SAID CURVE; THENCE NORTH 27 DEGREES 15 MINUTES 21 SECONDS EAST 11.57 FEET ALONG SAID CENTERLINE FOR THE POINT OF BEGINNING; THENCE CONTINUE NORTH 27 DEGREES 15 MINUTES 21 SECONDS EAST 551.92 FEET ALONG SAID CENTERLINE TO A POINT; J THENCE SOUTH 45 DEGREES 56 MINUTES 15 SECONDS EAST 1501.96 FEET ALONG AN EXISTING FENCE LINE TO A POINT; THENCE SOUTH 35 DEGREES 48 MINUTES 56 SECONDS EAST 2104.69 FEET ALONG SAID FENCE LINE TO A POINT IN THE CENTERLINE OF ILLINOIS ROUTE 34; THENCE SOUTH 46 DEGREES 33 MINUTES 17 SECONDS WEST 652.28 FEET ALONG SAID CENTERLINE TO A POINT; THENCE NORTH 37 DEGREES 39 MINUTES 00 SECONDS WEST 3421.68 FEET TO THE POINT OF BEGINNING. ALSO: THAT PART OF THE SOUTH HALF OF SECTION 11 AND PART OF THE NORTHWEST QUARTER OF SECTION 14, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SECTION 11; THENCE SOUTH 0 DEGREES 57 MINUTES 0 SECONDS WEST 442 FEET TO THE NORTH LINE OF THE RIGHT OF WAY OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD; THENCE NORTH 75 DEGREES 17 MINUTES 0 SECONDS EAST 1728 FEET ALONG SAID RIGHT OF WAY LINE TO THE SOUTH LINE OF SECTION 11; THENCE SOUTH 89 DEGREES 53 MINUTES 0 SECONDS EAST 1001.25 FEET ALONG THE SOUTH LINE OF SAID SECTION 11 TO THE SOUTHEAST CORNER OF THE WEST HALF OF SAID SECTION 11; THENCE NORTH 89 DEGREES 54 MINUTES 0 SECONDS EAST 1339.5 FEET ALONG THE SOUTH LINE OF SAID SECTION 11 TO THE SOUTHEAST CORNER OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SAID SECTION 11; THENCE NORTH 0 DEGREES 40 MINUTES 0 SECONDS EAST 977.5 FEET TO THE CENTERLINE OF THE HIGHWAY; THENCE NORTH 74 DEGREES 15 MINUTES 0 SECONDS WEST 727.2 FEET ALONG SAID CENTERLINE; THENCE NORTH 79 DEGREES 10 MINUTES 0 SECONDS WEST 2877.4 FEET ALONG SAID CENTERLINE TO THE CENTERLINE OF A NORTH AND SOUTH HIGHWAY; THENCE SOUTH 7 DEGREES 7 MINUTES 0 SECONDS EAST 364.8 FEET ALONG THE CENTER OF SAID NORTH AND SOUTH HIGHWAY; THENCE NORTH 89 DEGREES 47 MINUTES 0 SECONDS WEST 503.33 FEET TO THE WEST LINE OF SAID SECTION 11; THENCE SOUTH 0 DEGREES 52 MINUTES 0 SECONDS WEST ALONG SAID WEST LINE 1327.6 FEET TO THE POINT OF BEGINNING; EXCEPT THAT PART LYING NORTHERLY OF THE SOUTHERLY RIGHT OF WAY LINE OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD AFORESAID IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY, ILLINOIS. 6 GRANDE RESERVE SOUTH REGION THAT PART OF SECTIONS 15, 22 AND 23, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE POINT OF INTERSECTION OF THE NORTH AND SOUTH CENTERLINE OF SAID SECTION 15 WITH THE TANGENT OF THE CENTERLINE OF STATE AID ROUTE 20 AS ESTABLISHED BY INSTRUMENT RECORDED MAY 12, 1952 AS DOCUMENT 125479; THENCE WESTERLY ALONG SAID TANGENT 185.32 FEET; THENCE SOUTH 17 DEGREES 20 MINUTES 0 SECONDS EAST TO THE CENTERLINE OF SAID STATE AID ROUTE 20; THENCE SOUTH 17 DEGREES 20 MINUTES 0 SECONDS EAST 1303.46 FEET FOR THE POINT OF BEGINNING; THENCE NORTH 17 DEGREES 20 MINUTES 0 SECONDS WEST 113.8 FEET; THENCE SOUTH 77 DEGREES 08 MINUTES 0 SECONDS WEST 428.4 FEET; THENCE NORTH 17 DEGREES 28 MINUTES 0 SECONDS WEST 1370.9 FEET TO THE CENTERLINE OF STATE AID ROUTE 20; THENCE NORTH 81 DEGREES 05 MINUTES 0 SECONDS WEST ALONG SAID CENTERLINE 254.26 FEET TO A POINT 194.7 FEET EASTERLY AS MEASURED ALONG SAID CENTERLINE OF THE NORTHEAST CORNER OF ERICKSON'S SUBDIVISION; THENCE SOUTHERLY PARALLEL WITH THE EASTERLY LINE OF SAID ERICKSON'S SUBDIVISION, 462 FEET; THENCE WESTERLY PARALLEL WITH THE CENTERLINE OF SAID ROAD 194.7 FEET TO THE EASTERLY LINE OF SAID SUBDIVISION; THENCE SOUTHERLY ALONG SAID EASTERLY LINE TO THE SOUTHEAST CORNER OF SAID SUBDIVISION; THENCE WESTERLY ALONG THE SOUTHERLY LINE OF SAID SUBDIVISION AND SAID LINE EXTENDED 1785.3 FEET TO A POINT ON THE WEST LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 15; THENCE SOUTH 0 DEGREES 55 MINUTES 0 SECONDS EAST ALONG SAID WEST LINE 904 FEET; THENCE NORTH 88 DEGREES 03 MINUTES 0 SECONDS EAST 1629 FEET; THENCE SOUTH 36 DEGREES 11 MINUTES 0 SECONDS EAST 2187 FEET; THENCE SOUTH 39 DEGREES 18 MINUTES 0 SECONDS EAST 3776.7 FEET TO THE CENTERLINE OF U. S. ROUTE 34; THENCE NORTHEASTERLY ALONG SAID CENTERLINE 1353 FEET TO THE SOUTHWEST CORNER OF UNIT THREE, RIVER RIDGE; THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY LINE OF SAID UNIT THREE, RIVER RIDGE AND ALONG THE SOUTHWESTERLY LINE OF UNIT TWO, RIVER RIDGE 2686 FEET TO THE NORTHWEST CORNER OF SAID UNIT TWO, RIVER RIDGE; THENCE NORTHEASTERLY ALONG THE NORTHWESTERLY LINE OF SAID UNIT TWO, RIVER RIDGE AND ALONG THE NORTHWESTERLY LINE OF UNIT 7 ONE, RIVER RIDGE 824.42 FEET TO THE CENTERLINE OF STATE AID ROUTE 20; THENCE NORTHWESTERLY ALONG SAID CENTERLINE 1886.5 FEET TO A LINE DRAWN NORTH 69 DEGREES 10 MINUTES 0 SECONDS EAST FROM THE POINT OF BEGINNING; THENCE SOUTH 69 DEGREES 10 MINUTES 0 SECONDS WEST 1084.7 FEET TO THE POINT OF BEGINNING, IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY, ILLINOIS. EXCEPT FROM SAID PARCEL THAT PART LYING NORTHERLY OF THE FOLLOWING DESCRIBED LINE: COMMENCING AT THE SOUTHWEST CORNER OF STRUKEL'S PARADISE LAKE UNIT 1; THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY LINE OF SAID STRUKEL'S PARADISE LAKE UNIT 1, BEING THE CENTERLINE OF BRISTOL RIDGE ROAD, ON A BEARING OF NORTH 37 DEGREES 10 MINUTES 58 SECONDS WEST WHICH IS THE BASIS OF BEARINGS FOR THE DESCRIPTION OF THIS LINE, A DISTANCE OF 230.00 FEET; THENCE SOUTH 52 DEGREES 49 MINUTES 02 SECONDS WEST 50.00 FEET; THENCE SOUTH 67 DEGREES 14 MINUTES 17 SECONDS WEST 361.39 FEET; THENCE NORTH 58 DEGREES 13 MINUTES 13 SECONDS WEST 139.28 FEET; THENCE SOUTH 84 DEGREES 25 MINUTES 29 SECONDS WEST 152.64 FEET; THENCE SOUTH 40 DEGREES 17 MINUTES 18 SECONDS WEST 92.20 FEET; THENCE SOUTH 40 DEGREES 43 MINUTES 21 SECONDS WEST 71.59 FEET; THENCE NORTH 70 DEGREES 52 MINUTES 22 SECONDS WEST 180.28 FEET; THENCE SOUTH 68 DEGREES 04 MINUTES 20 SECONDS WEST 570.09 FEET; THENCE NORTH 83 DEGREES 13 MINUTES 28 SECONDS WEST 194.49 FEET; THENCE NORTH 80 DEGREES 06 MINUTES 46 SECONDS WEST 293.64 FEET; THENCE SOUTH 79 DEGREES 22 MINUTES 56 SECONDS WEST 178.89 FEET; THENCE SOUTHWESTERLY ALONG THE ARC OF A CURVE CONCAVE TO THE SOUTH, HAVING A RADIUS OF 180.00 FEET, HAVING A CHORD BEARING OF SOUTH 82 DEGREES 25 MINUTES 09 SECONDS WEST, A DISTANCE OF 306.52 FEET, THENCE SOUTHWESTERLY 94.34 FEET, MORE OR LESS, TO A POINT IN THE WESTERLY LINE OF SAID PARCEL, SAID POINT BEING 1,100.00 FEET NORTHWESTERLY OF THE CENTERLINE OF KENNEDY ROAD AS MEASURED ALONG SAID WESTERLY LINE, FOR THE TERMINUS OF SAID LINE. 8 1;4111D1L G LU :VOLICC Variable Rate SSA ,y s IRIGHBOPMOOD I -ate? _ and.r.e,b'•:u.n s.si+s 3 �Unp � vy. K �•V T.�. > AY +. � � -it3•,. Par'. ^ , P& -:.:tB=aq•:•MKS a.•� _ z `s ' Cam" E v �'•� "V� Y��J^ ,�' � �' �• cone !�n� %' :e'`� �JC`',��•(J tx) LIG�w�D"Si�si`J I.-�" �.-IG' �•r���-�' �, 't N,Y � •w'IX p< �' a Exhibit C To Establishing Ordinance Legal Description 011.552566.3 GRANDE RESERVE NORTH REGION THAT PART OF THE SOUTHEAST QUARTER OF SECTION 11, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID SOUTHEAST QUARTER; THENCE WESTERLY ALONG THE NORTH LINE OF SAID SOUTHEAST QUARTER 2029.92 FEET TO THE EAST LINE OF LOT 5 OF SAID SECTION 11; THENCE SOUTHERLY ALONG SAID EAST LINE 1469.90 FEET TO THE CENTERLINE OF MILL ROAD; THENCE SOUTHEASTERLY ALONG SAID CENTERLINE 1039.40 FEET TO A TRACT OF LAND CONVEYED TO COMMONWEALTH EDISON COMPANY BY TRUSTEE'S DEED RECORDED JUNE 28, 1973 AS DOCUMENT 73-3089; THENCE NORTHEASTERLY ALONG SAID NORTHERLY LINE 1062.36 FEET TO THE EAST LINE OF SAID SOUTHEAST QUARTER; THENCE NORTHERLY ALONG SAID EAST LINE 1489.22 FEET TO THE POINT OF BEGINNING IN BRISTOL TOWNSHIP, KENDALL COUNTY, ILLINOIS. ALSO: THAT PART OF THE SOUTHEAST QUARTER OF SECTION 2, PART OF THE NORTHEAST QUARTER OF SECTION 11 AND PART OF THE NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF SAID SECTION 2; THENCE SOUTH 89 DEGREES 28 MINUTES 21 SECONDS EAST ALONG THE NORTH LINE OF SAID SECTION 12, 99.96 FEET; THENCE SOUTH 2 DEGREES 26 MINUTES 28 SECONDS EAST 2654.27 FEET TO A POINT ON THE SOUTH LINE OF THE NORTHWEST QUARTER OF SAID SECTION 12, 236.28 FEET EAST OF THE SOUTHWEST CORNER OF SAID NORTHWEST QUARTER; THENCE NORTH 89 DEGREES 28 MINUTES 58 SECONDS WEST ALONG SAID SOUTH LINE 236.28 FEET TO THE SOUTHWEST CORNER OF SAID NORTHWEST QUARTER; THENCE NORTH 89 DEGREES 31 MINUTES 16 SECONDS WEST ALONG THE SOUTH LINE OF THE NORTHEAST QUARTER OF SAID SECTION 11, 2028.27 FEET TO THE EXTENSION SOUTHERLY OF THE EASTERLY LINE OF LOT 1 OF STORYBOOK HIGHLANDS, A SUBDIVISION IN SAID SECTION 11; THENCE NORTH 1 DEGREE 06 MINUTES 53 SECONDS EAST ALONG SAID EXTENDED LINE 1030.0 FEET; THENCE SOUTH 89 DEGREES 06 MINUTES 37 SECONDS EAST 239.40 FEET; THENCE NORTH 1 DEGREE 06 MINUTES 53 SECONDS EAST 872.93 FEET TO THE CENTERLINE OF CANNONBALL TRAIL; THENCE NORTH 66 DEGREES 09 MINUTES 20 SECONDS EAST ALONG SAID CENTERLINE 898.31 FEET; THENCE NORTHEASTERLY ALONG SAID CENTERLINE, BEING ALONG A CURVE TO THE LEFT HAVING A RADIUS OF 2290.82 FEET, A DISTANCE OF 495.34 FEET; THENCE NORTH 53 DEGREES 46 MINUTES EAST ALONG SAID CENTERLINE 654.29 FEET TO THE EAST LINE OF SAID SECTION 2; THENCE SOUTH 0 DEGREES 30 MINUTES 10 SECONDS WEST ALONG SAID EAST LINE 262.54 FEET TO THE POINT OF BEGINNING, IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY, ILLINOIS. ALSO: THAT PART OF THE SOUTH HALF OF SECTION 11, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SECTION 11; THENCE SOUTH 0 DEGREES 57 MINUTES 0 SECONDS WEST 442 FEET TO THE NORTH LINE OF THE RIGHT OF WAY OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD; THENCE NORTH 75 DEGREES 17 MINUTES 0 SECONDS EAST 1728 FEET ALONG SAID RIGHT OF WAY LINE TO THE SOUTH LINE OF SECTION 11; THENCE SOUTH 89 DEGREES 53 MINUTES 0 SECONDS EAST 1001.25 FEET ALONG THE SOUTH LINE OF SAID SECTION 11 TO THE SOUTHEAST CORNER OF THE WEST HALF OF SAID SECTION 11; THENCE NORTH 89 DEGREES 54 MINUTES 0 SECONDS EAST 1339.5 FEET ALONG THE SOUTH LINE OF SAID SECTION 11 TO THE SOUTHEAST CORNER OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SAID SECTION 11; THENCE NORTH 0 DEGREES 40 MINUTES 0 SECONDS EAST 977.5 FEET TO THE CENTERLINE OF THE HIGHWAY; THENCE NORTH 74 DEGREES 15 MINUTES 0 SECONDS WEST 727.2 FEET ALONG SAID CENTERLINE; THENCE NORTH 79 DEGREES 10 MINUTES 0 SECONDS WEST 2877.4 FEET ALONG SAID CENTERLINE TO THE CENTERLINE OF A NORTH AND SOUTH HIGHWAY; THENCE SOUTH 7 DEGREES 7 MINUTES 0 SECONDS EAST 364.8 FEET ALONG THE CENTER OF SAID NORTH AND SOUTH HIGHWAY; THENCE NORTH 89 DEGREES 47 MINUTES 0 SECONDS WEST 503.33 FEET TO THE WEST LINE OF SAID SECTION 11; THENCE SOUTH 0 DEGREES 52 MINUTES 0 SECONDS WEST ALONG SAID WEST LINE 1327.6 FEET TO THE POINT OF BEGINNING (EXCEPT THAT PART OF RIGHT OF WAY OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD RUNNING THROUGH SECTION 11 AFORESAID, AND ALSO EXCEPT THAT PART LYING WESTERLY OF THE CENTERLINE OF KENNEDY ROAD, AND ALSO EXCEPT THAT PART LYING SOUTHERLY OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD RUNNING THROUGH SECTION 11 AFORESAID), IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY, ILLINOIS. 2 GRANDE RESERVE CENTRAL REGION THAT PART OF THE SOUTHEAST QUARTER OF SECTION 11, THAT PART OF SECTION 14, AND THAT PART OF THE NORTH HALF OF SECTION 23, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE CENTERLINE OF KENNEDY ROAD WITH THE SOUTHERLY LINE OF THE BURLINGTON NORTHERN RAILROAD RIGHT-OF-WAY THROUGH SAID SECTION 14; THENCE NORTH 73 DEGREES 14 MINUTES 21 SECONDS EAST ALONG SAID SOUTHERLY LINE 1239.61 FEET TO THE NORTH LINE OF THE NORTHWEST QUARTER OF SAID SECTION 14; THENCE NORTH 88 DEGREES 04 MINUTES 00 SECONDS EAST, ALONG SAID NORTH LINE, 610.29 FEET TO THE NORTHEAST CORNER OF SAID NORTHWEST QUARTER; THENCE NORTH 87 DEGREES 54 MINUTES 03 SECONDS EAST ALONG THE SOUTH LINE OF SAID SOUTHEAST QUARTER OF SECTION 11, A DISTANCE OF 1329.33 FEET TO THE WEST LINE OF THE SOUTHEAST QUARTER OF SAID SOUTHEAST QUARTER; THENCE NORTH 01 DEGREES 21 MINUTES 20 SECONDS WEST ALONG SAID WEST LINE, 511.01 FEET TO SAID SOUTHERLY LINE OF THE BURLINGTON NORTHERN RAILROAD; THENCE NORTH 73 DEGREES 14 MINUTES 21 SECONDS EAST, ALONG SAID SOUTHERLY LINE, 837.66 FEET TO THE CENTERLINE OF MILL ROAD; THENCE SOUTH 74 DEGREES 18 MINUTES 13 SECONDS EAST ALONG SAID CENTERLINE 546.02 FEET TO THE EAST LINE OF SAID SOUTHEAST QUARTER OF SECTION 11; THENCE SOUTH 01 DEGREE 19 MINUTES 08 SECONDS EAST ALONG SAID EAST LINE, 556.17 FEET TO THE SOUTHEAST CORNER OF SAID SOUTHEAST QUARTER; THENCE SOUTH 01 DEGREE 19 MINUTES 08 SECONDS EAST ALONG THE EAST LINE OF THE NORTHEAST QUARTER OF SAID SECTION 14, A DISTANCE OF 1122.0 FEET; THENCE SOUTH 87 DEGREES 45 MINUTES 51 SECONDS WEST, 438.0 FEET TO THE NORTHEAST CORNER OF LYNWOOD SUBDIVISION, EXTENSION FOUR; THENCE SOUTH 87 DEGREES 45 MINUTES 51 SECONDS WEST, ALONG THE NORTHERLY LINE OF SAID LYNWOOD SUBDIVISION, EXTENSION FOUR, 1168.80 FEET TO THE NORTHWEST CORNER THEREOF; THENCE SOUTH 01 DEGREE 46 MINUTES 18 SECONDS EAST, ALONG THE WESTERLY LINE OF LYNWOOD SUBDIVISION, EXTENSIONS FOUR AND FIVE, 1173.80 FEET TO AN IRON STAKE; THENCE SOUTH 01 DEGREE 47 MINUTES 49 SECONDS EAST, 3 ALONG THE WESTERLY LINE OF LYNWOOD SUBDIVISION, EXTENSION FIVE, 376.25 FEET TO AN IRON STAKE; THENCE SOUTH 02 DEGREES 01 MINUTES 46 SECONDS EAST ALONG THE WESTERLY LINES OF LYNWOOD SUBDIVISION, EXTENSIONS FIVE AND SIX, 1950.62 FEET TO AN IRON STAKE; THENCE SOUTH 01 DEGREE 51 MINUTES 08 SECONDS EAST, ALONG THE WESTERLY LINE OF LYNWOOD SUBDIVISION, EXTENSION SIX, 879.29 FEET TO THE CENTERLINE OF U. S. ROUTE NO. 34; THENCE SOUTH 45 DEGREES 14 MINUTES 47 SECONDS WEST ALONG SAID CENTERLINE 878.60 FEET; THENCE NORTH 37 DEGREES 07 MINUTES 26 SECONDS WEST, 2106.30 FEET; THENCE NORTH 47 DEGREES 17 MINUTES 26 SECONDS WEST, 1500.85 FEET TO THE CENTERLINE OF KENNEDY ROAD AND THE EASTERNMOST CORNER OF A TRACT DESCRIBED IN A QUIT CLAIM DEED TO GEORGE AND GLENNA PATTERSON, HUSBAND AND WIFE, RECORDED AS DOCUMENT NO. 72- 375 ON JANUARY 25, 1972; THENCE NORTH 25 DEGREES 56 MINUTES 49 SECONDS EAST ALONG SAID CENTERLINE 236.34 FEET; THENCE NORTHEASTERLY AND NORTHERLY, A RADIUS OF 800.0 FEET; AN ARC DISTANCE OF 419.10 FEET; THENCE NORTH 04 DEGREES 04 MINUTES 07 SECONDS WEST ALONG SAID CENTERLINE 531.06 FEET; THENCE NORTH 05 DEGREES 06 MINUTES 07 SECONDS WEST ALONG SAID CENTERLINE 1866.0 FEET TO THE POINT OF BEGINNING IN BRISTOL TOWNSHIP, KENDALL COUNTY, ILLINOIS AND CONTAINING 372.223 ACRES. ALSO: THAT PART OF SECTIONS FOURTEEN (14), FIFTEEN (15)AND TWENTY- THREE (23), ALL IN TOWNSHIP THIRTY-SEVEN (37) NORTH, RANGE SEVEN (7) EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHERLY CORNER OF STRUKEL'S PARADISE LAKE UNIT NO. 1, (SAID POINT ALSO BEING THE INTERSECTION OF THE CENTERLINE OF BRISTOL ROAD AND THE CENTERLINE OF KENNEDY ROAD), AS SHOWN ON THE SUBDIVISION PLAT OF STRUKEL'S PARADISE LAKE UNIT NO. 1 RECORDED AS DOCUMENT#71-215; THENCE NORTH 60 DEGREES 17 MINUTES 26 SECONDS EAST, 724.86 FEET ALONG THE CENTERLINE OF KENNEDY ROAD TO THE POINT OF CURVATURE OF A 1094.72 FOOT RADIUS CURVE TO THE LEFT; THENCE NORTHEASTERLY 631.18 FEET ALONG SAID CURVE WHOSE CHORD BEARS NORTH 43 DEGREES 46 MINUTES 24 SECONDS EAST 622.47 FEET TO THE POINT OF TANGENCY OF SAID CURVE; THENCE NORTH 27 DEGREES 15 MINUTES 21 SECONDS EAST 11.57 FEET ALONG SAID CENTERLINE TO A POINT; THENCE SOUTH 37 DEGREES 39 MINUTES 00 SECONDS EAST 1776.45 FEET TO A POINT; THENCE SOUTH 52 DEGREES 21 MINUTES 00 SECONDS WEST 1343.89 FEET TO A POINT IN THE CENTERLINE OF 4 BRISTOL ROAD; THENCE NORTH 37 DEGREES 39 MINUTES 00 SECONDS WEST 1778.85 FEET ALONG SAID CENTERLINE TO THE POINT OF BEGINNING. ALSO: THAT PART OF SECTIONS FOURTEEN (14) AND TWENTY-THREE (23), ALL IN TOWNSHIP THIRTY-SEVEN (37) NORTH, RANGE SEVEN (7) EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHERLY CORNER OF STRUKEL'S PARADISE LAKE UNIT NO. 1, (SAID POINT ALSO BEING THE INTERSECTION OF THE CENTERLINE OF BRISTOL ROAD AND THE CENTERLINE OF KENNEDY ROAD), AS SHOWN ON THE SUBDIVISION PLAT OF STRUKEL'S PARADISE LAKE UNIT NO. 1, RECORDED AS DOCUMENT#71-215; THENCE SOUTH 37 DEGREES 39 MINUTES 00 SECONDS EAST 1778.85 FEET ALONG THE CENTERLINE OF BRISTOL ROAD FOR THE POINT OF BEGINNING; THENCE NORTH 52 DEGREES 21 MINUTES 00 SECONDS EAST 1343.89 FEET TO A POINT; THENCE SOUTH 37 DEGREES 39 MINUTES 00 SECONDS EAST 1645.23 FEET TO A POINT IN THE CENTERLINE OF ILLINOIS ROUTE 34; THENCE SOUTH 46 DEGREES 33 MINUTES 17 SECONDS WEST 1350.80 FEET ALONG SAID CENTERLINE OF ILLINOIS ROUTE 34 TO THE INTERSECTION OF THE CENTERLINE OF BRISTOL ROAD; THENCE NORTH 37 DEGREES 39 MINUTES 00 SECONDS WEST 1781.63 FEET ALONG SAID CENTERLINE OF BRISTOL ROAD TO THE POINT OF BEGINNING. ALSO: THAT PART OF SECTIONS FOURTEEN (14)AND TWENTY-THREE (23), ALL IN TOWNSHIP THIRTY-SEVEN (37) NORTH, RANGE SEVEN (7) EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHERLY CORNER OF STRUKEL'S PARADISE LAKE UNIT NO. 1, (SAID POINT ALSO BEING THE INTERSECTION OF THE CENTERLINE OF BRISTOL ROAD AND THE CENTERLINE OF KENNEDY ROAD), AS SHOWN ON THE SUBDIVISION PLAT OF STRUKEL'S PARADISE LAKE UNIT NO. 1, RECORDED AS DOCUMENT#71-215; THENCE NORTH 60 DEGREES 17 MINUTES 26 SECONDS EAST 724.86 FEET ALONG THE CENTERLINE OF KENNEDY ROAD TO THE POINT OF CURVATURE OF A 1094.72 FOOT RADIUS CURVE TO THE LEFT; THENCE NORTHEASTERLY 631.18 FEET ALONG SAID CURVE WHOSE CHORD BEARS NORTH 43 DEGREES 46 MINUTES 24 SECONDS EAST 622.47 FEET TO THE POINT OF TANGENCY OF SAID CURVE; THENCE NORTH 27 DEGREES 15 MINUTES 21 SECONDS EAST 11.57 FEET ALONG SAID CENTERLINE FOR THE POINT OF BEGINNING; THENCE CONTINUE NORTH 27 DEGREES 15 MINUTES 21 SECONDS EAST 551.92 FEET ALONG SAID CENTERLINE TO A POINT; 5 THENCE SOUTH 45 DEGREES 56 MINUTES 15 SECONDS EAST 1501.96 FEET ALONG AN EXISTING FENCE LINE TO A POINT; THENCE SOUTH 35 DEGREES 48 MINUTES 56 SECONDS EAST 2104.69 FEET ALONG SAID FENCE LINE TO A POINT IN THE CENTERLINE OF ILLINOIS ROUTE 34; THENCE SOUTH 46 DEGREES 33 MINUTES 17 SECONDS WEST 652.28 FEET ALONG SAID CENTERLINE TO A POINT; THENCE NORTH 37 DEGREES 39 MINUTES 00 SECONDS WEST 3421.68 FEET TO THE POINT OF BEGINNING. ALSO: THAT PART OF THE SOUTH HALF OF SECTION 11 AND PART OF THE NORTHWEST QUARTER OF SECTION 14, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SECTION 11; THENCE SOUTH 0 DEGREES 57 MINUTES 0 SECONDS WEST 442 FEET TO THE NORTH LINE OF THE RIGHT OF WAY OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD; THENCE NORTH 75 DEGREES 17 MINUTES 0 SECONDS EAST 1728 FEET ALONG SAID RIGHT OF WAY LINE TO THE SOUTH LINE OF SECTION 11; THENCE SOUTH 89 DEGREES 53 MINUTES 0 SECONDS EAST 1001.25 FEET ALONG THE SOUTH LINE OF SAID SECTION 11 TO THE SOUTHEAST CORNER OF THE WEST HALF OF SAID SECTION 11; THENCE NORTH 89 DEGREES 54 MINUTES 0 SECONDS EAST 1339.5 FEET ALONG THE SOUTH LINE OF SAID SECTION 11 TO THE SOUTHEAST CORNER OF THE WEST HALF OF THE SOUTHEAST QUARTER OF SAID SECTION 11; THENCE NORTH 0 DEGREES 40 MINUTES 0 SECONDS EAST 977.5 FEET TO THE CENTERLINE OF THE HIGHWAY; THENCE NORTH 74 DEGREES 15 MINUTES 0 SECONDS WEST 727.2 FEET ALONG SAID CENTERLINE; THENCE NORTH 79 DEGREES 10 MINUTES 0 SECONDS WEST 2877.4 FEET ALONG SAID CENTERLINE TO THE CENTERLINE OF A NORTH AND SOUTH HIGHWAY; THENCE SOUTH 7 DEGREES 7 MINUTES 0 SECONDS EAST 364.8 FEET ALONG THE CENTER OF SAID NORTH AND SOUTH HIGHWAY; THENCE NORTH 89 DEGREES 47 MINUTES 0 SECONDS WEST 503.33 FEET TO THE WEST LINE OF SAID SECTION 11; THENCE SOUTH 0 DEGREES 52 MINUTES 0 SECONDS WEST ALONG SAID WEST LINE 1327.6 FEET TO THE POINT OF BEGINNING; EXCEPT THAT PART LYING NORTHERLY OF THE SOUTHERLY RIGHT OF WAY LINE OF THE CHICAGO, BURLINGTON AND QUINCY RAILROAD AFORESAID IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY, ILLINOIS. 6 GRANDE RESERVE SOUTH REGION THAT PART OF SECTIONS 15, 22 AND 23, TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE POINT OF INTERSECTION OF THE NORTH AND SOUTH CENTERLINE OF SAID SECTION 15 WITH THE TANGENT OF THE CENTERLINE OF STATE AID ROUTE 20 AS ESTABLISHED BY INSTRUMENT RECORDED MAY 12, 1952 AS DOCUMENT 125479; THENCE WESTERLY ALONG SAID TANGENT 185.32 FEET; THENCE SOUTH 17 DEGREES 20 MINUTES 0 SECONDS EAST TO THE CENTERLINE OF SAID STATE AID ROUTE 20; THENCE SOUTH 17 DEGREES 20 MINUTES 0 SECONDS EAST 1303.46 FEET FOR THE POINT OF BEGINNING; THENCE NORTH 17 DEGREES 20 MINUTES 0 SECONDS WEST 113.8 FEET; THENCE SOUTH 77 DEGREES 08 MINUTES 0 SECONDS WEST 428.4 FEET; THENCE NORTH 17 DEGREES 28 MINUTES 0 SECONDS WEST 1370.9 FEET TO THE CENTERLINE OF STATE AID ROUTE 20; THENCE NORTH 81 DEGREES 05 MINUTES 0 SECONDS WEST ALONG SAID CENTERLINE 254.26 FEET TO A POINT 194.7 FEET EASTERLY AS MEASURED ALONG SAID CENTERLINE OF THE NORTHEAST CORNER OF ERICKSON'S SUBDIVISION; THENCE SOUTHERLY PARALLEL WITH THE EASTERLY LINE OF SAID ERICKSON'S SUBDIVISION, 462 FEET; THENCE WESTERLY PARALLEL WITH THE CENTERLINE OF SAID ROAD 194.7 FEET TO THE EASTERLY LINE OF SAID SUBDIVISION; THENCE SOUTHERLY ALONG SAID EASTERLY LINE TO THE SOUTHEAST CORNER OF SAID SUBDIVISION; THENCE WESTERLY ALONG THE SOUTHERLY LINE OF SAID SUBDIVISION AND SAID LINE EXTENDED 1785.3 FEET TO A POINT ON THE WEST LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 15; THENCE SOUTH 0 DEGREES 55 MINUTES 0 SECONDS EAST ALONG SAID WEST LINE 904 FEET; THENCE NORTH 88 DEGREES 03 MINUTES 0 SECONDS EAST 1629 FEET; THENCE SOUTH 36 DEGREES 11 MINUTES 0 SECONDS EAST 2187 FEET; THENCE SOUTH 39 DEGREES 18 MINUTES 0 SECONDS EAST 3776.7 FEET TO THE CENTERLINE OF U. S. ROUTE 34; THENCE NORTHEASTERLY ALONG SAID CENTERLINE 1353 FEET TO THE SOUTHWEST CORNER OF UNIT THREE, RIVER RIDGE; THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY LINE OF SAID UNIT THREE, RIVER RIDGE AND ALONG THE SOUTHWESTERLY LINE OF UNIT TWO, RIVER RIDGE 2686 FEET TO THE NORTHWEST CORNER OF SAID UNIT TWO, RIVER RIDGE; THENCE NORTHEASTERLY ALONG THE NORTHWESTERLY LINE OF SAID UNIT TWO, RIVER RIDGE AND ALONG THE NORTHWESTERLY LINE OF UNIT 7 ONE, RIVER RIDGE 824.42 FEET TO THE CENTERLINE OF STATE AID ROUTE 20; THENCE NORTHWESTERLY ALONG SAID CENTERLINE 1886.5 FEET TO A LINE DRAWN NORTH 69 DEGREES 10 MINUTES 0 SECONDS EAST FROM THE POINT OF BEGINNING; THENCE SOUTH 69 DEGREES 10 MINUTES 0 SECONDS WEST 1084.7 FEET TO THE POINT OF BEGINNING, IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY, ILLINOIS, EXCEPT FROM SAID PARCEL THAT PART LYING NORTHERLY OF THE FOLLOWING DESCRIBED LINE: COMMENCING AT THE SOUTHWEST CORNER OF STRUKEL'S PARADISE LAKE UNIT 1; THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY LINE OF SAID STRUKEL'S PARADISE LAKE UNIT 1, BEING THE CENTERLINE OF BRISTOL RIDGE ROAD, ON A BEARING OF NORTH 37 DEGREES 10 MINUTES 58 SECONDS WEST WHICH IS THE BASIS OF BEARINGS FOR THE DESCRIPTION OF THIS LINE, A DISTANCE OF 230.00 FEET; THENCE SOUTH 52 DEGREES 49 MINUTES 02 SECONDS WEST 50.00 FEET; THENCE SOUTH 67 DEGREES 14 MINUTES 17 SECONDS WEST 361.39 FEET; THENCE NORTH 58 DEGREES 13 MINUTES 13 SECONDS WEST 139.28 FEET; THENCE SOUTH 84 DEGREES 25 MINUTES 29 SECONDS WEST 152.64 FEET; THENCE SOUTH 40 DEGREES 17 MINUTES 18 SECONDS WEST 92.20 FEET; THENCE SOUTH 40 DEGREES 43 MINUTES 21 SECONDS WEST 71.59 FEET; THENCE NORTH 70 DEGREES 52 MINUTES 22 SECONDS WEST 180.28 FEET; THENCE SOUTH 68 DEGREES 04 MINUTES 20 SECONDS WEST 570.09 FEET; THENCE NORTH 83 DEGREES 13 MINUTES 28 SECONDS WEST 194.49 FEET; THENCE NORTH 80 DEGREES 06 MINUTES 46 SECONDS WEST 293.64 FEET; THENCE SOUTH 79 DEGREES 22 MINUTES 56 SECONDS WEST 178.89 FEET; THENCE SOUTHWESTERLY ALONG THE ARC OF A CURVE CONCAVE TO THE SOUTH, HAVING A RADIUS OF 180.00 FEET, HAVING A CHORD BEARING OF SOUTH 82 DEGREES 25 MINUTES 09 SECONDS WEST, A DISTANCE OF 306.52 FEET, THENCE SOUTHWESTERLY 94.34 FEET, MORE OR LESS, TO A POINT IN THE WESTERLY LINE OF SAID PARCEL, SAID POINT BEING 1,100.00 FEET NORTHWESTERLY OF THE CENTERLINE OF KENNEDY ROAD AS MEASURED ALONG SAID WESTERLY LINE, FOR THE TERMINUS OF SAID LINE. 8 Exhibit D to Establishing Ordinance Map of Special Service Area Number 2004-106 Total Grande Reserve 011.552566.3 Variable Rate SSA ROAO Hu�'WHCflx µ xetaamoR�tapn i .i 4, V' REgSR7A..." 5 �tAP%•yy �,t,^'�" PARK � G ' d"g.AI A r'f>Ah <1 J_u mi o xd n' a Y °t�i SC.hCCF Y• - yff 1 �P Exhibit E to Establishing Ordinance Special Service Area Tax Roll and Report 011.552566.3 UNITED CITY OF YORKVILLE SPECIAL SERVICE AREA NUMBER 2004-106 TOTAL GRANDE RESERVE SPECIAL TAX ROLL AND REPORT Prepared for Prepared by UNITED CITY OF YORKVILLE DAVID TAUSSIG&ASSOCIATES,INC. 800 Game Farm Road 1301 Dove Street, Suite 600 Yorkville, IL 60560 Newport Beach, CA 92660 (630) 553-7575 (949) 955-1500 UNITED CITY OF YORKVILLE SPECIAL SERVICE AREA NUMBER 2004-106 TOTAL GRANDE RESERVE SPECIAL TAX ROLL AND REPORT TABLE OF CONTENTS Section page I. INTRODUCTION....................................................................................................................1 II. DEFINITIONS........................................................................................................................1 III. SPECIAL SERVICE AREA DESCRIPTION..............................................................................4 A. BOUNDARIES OF SSA No. 2004-106............................................................................4 B. ANTICIPATED LAND USES.............................................................................................4 IV. FINANCING PLAN.................................................................................................................5 V. SPECIAL SERVICES..............................................................................................................6 A. GENERAL DESCRIPTION................................................................................................6 B. ESTIMATED COSTS........................................................................................................7 C. ALLOCATION OF COSTS ................................................................................................9 D. ALTERNATIVES, MODIFICATIONS, AND/OR SUBSTITUTIONS .......................................42 VI. BOND ASSUMPTIONS..........................................................................................................42 A. BOND PAYOFF AND/OR CONVERSION TO FIXED RATE ................................................42 VII. MAXIMUM PARCEL SPECIAL TAX....................................................................................43 A. EQUIVALENT UNITS....................................................................................................43 B. MAXIMUM PARCEL SPECIAL TAX CALCULATION.......................................................45 C. APPLICATION..............................................................................................................48 D. TERM..........................................................................................................................48 E. SPECIAL TAX ROLL AMENDMENT...............................................................................48 F. OPTIONAL PREPAYMENT.............................................................................................48 G. MANDATORY PREPAYMENT........................................................................................48 VIII. ABATEMENT METHODOLOGY AND COLLECTION............................................................49 A. ABATEMENT METHODOLOGY.....................................................................................49 B. COLLECTION PROCESS................................................................................................49 C. ADMINISTRATIVE REVIEW..........................................................................................50 IX. AMENDMENTS....................................................................................................................50 List of Exhibits Exhibit A — Public Usage Factors by Development Area Exhibit B — Cost Estimate Summary for the Yorkville Grande Reserve Project Exhibit C— Special Tax Roll Exhibit D — Prepayment of the Maximum Parcel Special Tax Exhibit E — Concept Plan I. INTRODUCTION Pursuant to the provisions of the Act and in accordance with the 'Establishing Ordinance" being Ordinance No. 2004-32 passed by the City Council of the United City of Yorkville, County of Kendall, State of Illinois, on June 22, 2004 in connection with the proceedings for Special Service Area Number 2004-106 Total Grande Reserve (hereinafter referred to as "SSA No. 2004-106"),this Special Tax Roll and Report of SSA No. 2004-106 (the "Report") is herewith submitted and made part of the Establishing Ordinance. II. DEFINITIONS The terms used herein shall have the following meanings: "Act" means the Special Service Area Tax Act, being 35 ILCS 200/27-5 et seq., as amended. "Administrative Expenses" means the following actual or reasonably estimated costs permitted in accordance with the Act and directly related to the administration of SSA No. 2004-106 and the Bonds as determined by the City or its designee: the costs of computing the Special Taxes and of preparing the amended Special Tax Roll (whether by the City or designee thereof or both); the costs of collecting the Special Taxes (whether by the City, the County, or otherwise); the costs of remitting the Special Taxes to the fiscal agent and/or trustee for any Bonds; the costs of the fiscal agent and/or trustee (including its legal counsel) in the discharge of the duties required of it under the Bond Indenture; periodic costs on the Bonds, including, but not limited to, the costs of remarketing and letter of credit draw fees; the costs of the City or designee in computing the amount of rebatable arbitrage, if any; the costs of the City or designee in obtaining or maintaining ratings of the Bonds; the costs of the City or designee in complying with the disclosure requirements of applicable federal and state securities laws and of the Act, including, but not limited to, public inquiries regarding the Special Taxes; the costs associated with the release of funds from any escrow account or funds held pursuant to the Bond Indenture; and any termination payments owed by the City in connection with any guaranteed investment contract, forward purchase agreement, or other investment of funds held under the Bond Indenture. Administrative Expenses shall also include amounts advanced by the City for any administrative purpose of SSA No. 2004-106 including the costs of computing Special Tax Bond Prepayment amounts, recording of lien satisfaction or other notices related to a Special Tax Bond Prepayment or Mandatory Special Tax Prepayment, discharge or satisfaction of Special Taxes; and the costs of commencing and pursuing to completion any foreclosure action arising from and pursuing the collection of delinquent Special Taxes and the reasonable fees of legal counsel to the City incurred in connection with all of the foregoing. "Administrator" means the designee of the City responsible for determining the Special Taxes and assisting the City and the County in providing for the collection of the Special Taxes, continuing disclosure, and any other administrative efforts related to SSA No. 2004-106. Special Tax Roll and Report Page 1 City of Yorkville Special Service Area No.2004-106 June 22,2004 "Annexation Agreement" means that Annexation Agreement and Planned Unit Development Agreement dated August 7, 2003 between the City and MPI-2 Yorkville North LLC, MPI-2 Yorkville Central LLC, MPI-2 Yorkville South I LLC, and MPI-2 Yorkville South II LLC. "Apartment Property" means that property within the boundaries of SSA No. 2004-106 on which apartment Dwelling Units have been, may be, or are anticipated to be constructed shown as determined from the Concept Plan, any Preliminary Plat, or any Final Plat, as applicable. "Bond Indenture" means the trust indenture dated as of July 1, 2004 between the City and LaSalle Bank National Association and any supplemental indentures between the City and the trustee named therein authorizing the issuance of the Bonds. "Bonds" means any bonds or other debt, including refunding bonds, whether in one or more series, issued by the City and secured by the Maximum Parcel Special Tax for SSA No. 2004-106, the proceeds of which will be used to finance inter alia, all or a portion of the public improvements. "Calendar Year" means the twelve-month period starting January 1 and ending December 31. "Central Grande Reserve" means all property within the area defined as the Central Grande Reserve as shown in Exhibit E attached hereto (i.e., neighborhoods 6 — 16 on the Concept Plan, the School Property, and the Clubhouse Property). "City" means the United City of Yorkville, County of Kendall, State of Illinois. "Clubhouse Property" means that property within the boundaries of SSA No. 2004-106 on which the clubhouse facility has been, may be, or is anticipated to be constructed as determined from the Concept Plan (i.e., designated as HOA Club), any Preliminary Plat, or any Final Plat, as applicable. "Commercial Property" means that property within the boundaries of SSA No. 2004- 106 designated for commercial use as determined from the Concept Plan, any Preliminary Plat, or any Final Plat, as applicable. "Concept Plan" means the concept plan for the Grande Reserve project attached as Exhibit C to the Annexation Agreement, as m--ay be amended. "Council" means the Mayor and City Council, having jurisdiction over SSA No. 2004- 106. "County" means the County of Kendall, Illinois. "Duplex Property" means that property within the boundaries of SSA No. 2004-106 on which duplex Dwelling Units have been, may be, or are anticipated to be constructed as determined from the Concept Plan, any Preliminary Plat, or any Final Plat, as applicable. Special Tax Roll and Report Page 2 City of Yorkville Special Service Area No.2004-106 June 22,2004 "Dwelling Unit" or "DU" means a residential dwelling unit. "Final Plat" means a final plat of subdivision approved by the City and recorded with the County. "Mandatory Special Tax Prepayment" means the Special Tax Bond Prepayment required upon a reduction in the anticipated number of Dwelling Units as described more fully in Section VII.G herein and calculated pursuant to Exhibit D attached hereto. "Maximum Parcel Special Tax" means the maximum special tax, determined in accordance with Section VII that can be collected by the City in any Calendar Year on any Parcel. Maximum Parcel Special Taxes means the amount determined by multiplying the greater of the actual or anticipated number of Single-family Property, Duplex Property, or Townhome Property Dwelling Units by the applicable Maximum Parcel Special Tax. "Maximum SSA Special Taxes" means the Maximum Parcel Special Taxes plus any additional special taxes levied, in accordance with any supplemental ordinances adopted by the City that can be collected by the City in any Calendar Year. "North Grande Reserve" means all property within the area defined as the North Grande Reserve as shown in Exhibit E attached hereto (i.e., neighborhoods 1 — 5 on the Concept Plan and the Commercial Property). "Parcel" means a lot or parcel within the boundaries of SSA No. 2004-106 shown on a Final Plat and/or PIN Map. "Partial Special Tax Bond Prepayment" means that amount required to partially prepay the Maximum Parcel Special Tax computed pursuant to Exhibit D attached hereto. "PIN Map" means an official map of the County Assessments Division or other authorized County official designating parcels by permanent index number. "Preliminary Plat" means the preliminary subdivision plat for SSA No. 2004-106 approved by the City, as may be amended. "Residential Property" means all property on which residential dwelling units have been, may be, or are anticipated to be constructed as determined from the Concept Plan, Preliminary Plat, or any Final Plat, as applicable. "School Property" means all property on which an elementary school in Central Grande Reserve has been, may be, or is anticipated to be constructed shown as determined from the Concept Plan, Preliminary Plat, or any Final Plat, as applicable. "Single-family Property" means that property within the boundaries of SSA No. 2004- 106 on which single-family Dwelling Units have been, may be, or are anticipated to be Special Tax Roll and Report Page 3 City of Yorkville Special Service Area No.2004-106 June 22,2004 constructed as determined from the Concept Plan, any Preliminary Plat, or any Final Plat, as applicable. "South Grande Reserve" means all property within the area defined as the South Grande Reserve as shown in Exhibit E attached hereto (i.e.,neighborhoods 17— 19 on the Concept Plan). "Special Tax" means the special tax to be extended in each Calendar Year on each Parcel. "Special Tax Bond Prepayment" means that amount required to prepay the Maximum Parcel Special Tax computed pursuant to Exhibit D attached hereto in order to fully release the lien of the Maximum Parcel Special Tax. "Special Tax Requirement" means that amount determined by the City or its designee as required in any Calendar Year to pay: (1) the Administrative Expenses, (2) debt service on any Bonds, (3) reasonably anticipated delinquent Special Taxes, (4) any amount required to replenish any reserve fund established in connection with such Bonds, (5) the costs of credit enhancement and fees for instruments that serve as the basis of a reserve fund in lieu of cash related to any such Bonds and less (6) available funds as directed under the Bond Indenture. "Special Tax Roll" means the Special Tax Roll included herein as Exhibit A, as may be amended pursuant to Section VII.E. "Townhome Property" means that property within the boundaries of SSA No. 2004- 106 on which townhome Dwelling Units have been, may be, or are anticipated to be constructed as determined from the Concept Plan, any Preliminary Plat or any Final Plat, as applicable. III. SPECIAL SERVICE AREA DESCRIPTION A. BOUNDARIES OF SSA N0.2004-106 SSA No. 2004-106 includes the residential components of the Grande Reserve Subdivision, which total approximately one thousand thirty-seven (1,037) acres. The Grande Reserve Subdivision is generally located north of State Route 34, northeast of Bristol Ridge Road, and east of Kennedy Road. A legal description is attached as Exhibit C of the Establishing Ordinance. B. ANTICIPATED LAND USES 1. NORTH GRANDE RESERVE North Grande Reserve is anticipated to consist of 290 single-family Dwelling Units, 126 duplex Dwelling Units, and 409 townhome Dwelling Units, 300 Apartments, and the Commercial Property. It is anticipated that Special Tax Roll and Report Page 4 City of Yorkville Special Service Area No.2004-106 June 22,2004 the 290 single-family Dwelling Units in the North Grande Reserve will be an age-targeted active adult community. 2. CENTRAL GRANDE RESERVE Central Grande Reserve is anticipated to consist of 723 single-family Dwelling Units, 224 duplex Dwelling Units, 298 townhome Dwelling Units,the Clubhouse Property, and the School Property. 3. SOUTH GRANDE RESERVE South Grande Reserve is anticipated to consist of 276 single-family Dwelling Units. IV. FINANCING PLAN Pursuant to the Annexation Agreement, the maximum special service area bonded indebtedness permitted for the Grande Reserve Subdivision is $60,000,000. The special service area financing plan contemplates the issuance of approximately $12,950,000 and $47,050,000 in variable and fixed rate bonds, respectively. All of the bonds to be issued in variable rate mode will be issued by SSA No. 2004-106. All of the fixed rate bonds will be issued by overlapping special services to be established separately for the North Grande Reserve, Central Grande Reserve, and South Grande Reserve (each a "Development Area"). It is anticipated that all or a portion of the variable rate bonds allocable to the North Grande Reserve and South Grande Reserve will be refinanced with fixed rate bonds issued by overlapping special service areas established thereon. Consequently, the portion of the variable rate bonds attributable to the North Grande Reserve and South Grande Reserve must be sized taking into consideration the authorized special taxes for the corresponding overlapping special service areas (i.e., the authorized special taxes for the corresponding overlapping special service areas limits the amount of fixed rate bonds supportable by these Development Areas). This constraint results in a greater allocation of Bonds to the Central Grande Reserve (as well as the funding of more public improvements for the Central Grande Reserve). The Bonds, which will be secured by the Special Tax, may be prepaid in accordance with Exhibit D attached hereto. The amount of any such prepayment will include an allocable share of the outstanding Bonds. A portion of each prepayment may be used to fund additional public improvements (the "Recycled Prepayments"), in effect resulting in the recycling of the, but not the issuance of, bonds Approximately fifty percent (50%) of the public improvements to be funded by SSA No. 2004-106 is anticipated to consist of certain master-planned water and road infrastructure. The remaining 50% is anticipated to include community and other neighborhood specific road, storm water management, and park facilities and certain engineering, engineering and plan review, and construction management costs attributable to the Central Grande Reserve. These costs are described in greater detail in Section V below. Special Tax Roll and Report Page 5 City of Yorkville Special Service Area No. 2004-106 June 22,2004 V. SPECIAL SERVICES SSA No. 2004-106 has been established to finance certain City special services conferring special benefit thereto and which are in addition to the municipal services provided to the City as a whole. A general description, estimated cost, and allocation of these special services are set forth below. A. GENERAL DESCRIPTION As set forth in the 'Bond Ordinance" being Ordinance No. 2004-33 passed by the City Council of the United City of Yorkville, County of Kendall, State of Illinois, on June 22, 2004, the special services that are eligible to be financed by SSA No. 2004-106 (hereinafter referred to as the "Eligible Improvements") include, but are not limited to, the following • City owned sanitary sewer facilities, water facilities, road facilities, storm water management facilities, public parks and park improvements, including, but not limited to, the cost of engineering, soil testing and appurtenant work, mass grading and demolition, storm water management facilities, storm drainage systems and storm sewers, site clearing and tree removal, public water facilities, sanitary sewer facilities, erosion control measures, roads, streets, curbs, gutters, street lighting, traffic controls, sidewalks, equestrian paths and related street improvements, and equipment and materials necessary for the maintenance thereof, public parks, park improvements, bicycle paths, landscaping, wetland mitigation and tree installation, costs for land and easement acquisitions relating to any of the foregoing improvements, required tap-on and related fees for water or sanitary sewer services and other eligible costs. As mentioned under Section IV, both master-planned and local improvements will be funded. Master-planned improvements are anticipated to include the following: • Water tower (1,500,000 gallon capacity), wells and connecting water mains, dwell house and treatment facility; • Off-site portions of the Galena Road and State Route 34 water mains; • Improvements to Bristol, Kennedy, and Mill Roads; and • Engineering and survey testing. Because of the constraints discussed in Section IV, only community and neighborhood specific improvements benefiting the Central Grande Reserve are funded by SSA No. 2004-106. Community improvements to be funded include a portion of the following improvements allocable to the Central Grande Reserve: • The Grande Reserve Subdivision adjacent portions of the Galena and State Route 34 water mains; • On-site lift station facilities; Special Tax Roll and Report Page 6 City of Yorkville Special Service Area No.2004-106 June 22,2004 • Collector and entrance roads and associated sewer and water facilities and rights-of-way; • On-site storm sewers and associated earthwork and land/easements pertaining to certain of the on-site storm water detention areas; and • On-site community parks. Neighborhood improvements to be funded include a portion of the following neighborhood specific road, sewer, water, road, and storm water management facilities to be constructed within and serving the Central Grande Reserve. In addition, certain engineering costs, engineering review, plan review and tornado siren fees, and construction management costs allocable to the Central Grande Reserve are anticipated to be funded. B. ESTIMATED COSTS The total estimated Eligible Improvement costs and the portion of the Eligible Improvement costs anticipated to be funded by SSA No. 2004-106 are shown in detail in Exhibit A attached hereto. A summary of these amounts and the allocation of the costs to be funded by SSA No. 2004-106 among the three Development Areas is shown in Table 1 on the following page. Special Tax Roll and Report page 7 City of Yorkville Special Service Area No. 2004-106 June 22,2004 TABLE 1 SSA No.2004-106 TOTAL GRANDE RESERVE ESTIMATED PUBLIC IMPROVEMENT COSTS SSA No.2004-106 Anticipated Allocable To Allocable To Allocable To To Be Funded North Central South Public Through SSA Grande Grande Grande Public Improvement Description Im rovement No.2004-106 Reserve Reserve Reserve Master Planned Water Total Improvement Cost $8,879,000 $7,553,321 $2,235,376 $4,303,203 $1,014,743 Recapturable Portion [1] ($1,092,234 ($775,797) ($533,580) $0 ($242,217 Roads $5,004,770 $3,092,250 $615,951 $1,978,661 $497,637 Community Sewer $2,154,405 $0 $0 $0 $0 Water $1,033,704 $0 $0 $0 $01 Roads $4,001,449 $274,544 $0 $274,544 $0 Storm Sewer $9,821,960 $1,647,624 $0 $1,647,624 $0 Parks $2,792,983 $1,391,481 $0 $1,391,481 $0 Neighborhood Sewer $7,071,184 $0 $0 $0 $0 Water $7,093,620 $0 $0 $0 $0 Roads $10,496,828 $3,695,782 $0 $3,695,782 $0 Storm Sewer $6,243,142 $0 $0 $0 $0 Soft Costs Engineering/Construction Management $2,490,088 $1,231,670 $0 $1,231,670 $0 Plan Review/Tornado Siren Fees $912,786 $495,663 $0 $495,663 $0 -------------------------------------------- ------------------------------------------ --------------------- ------------------------------------------ Grand Total[2] $66,903,685 $18,606,538 $2,317,747 $15,018,628 $1,270,163 [1] The applicable recapturable portion allocable to North Grande Reserve and South Grande Reserve will not be funded through SSA No.2004-106 and is therefore deducted from the funded total. [2] Calculations may vary slightly due to rounding. C. ALLOCATION OF COSTS Special taxes levied pursuant to the Act must bear a rational relationship between the amount of the special tax levied against each Parcel within SSA No. 2004-106 and the special service benefit rendered. Therefore, the public improvements anticipated to be financed by SSA No. 2004-106 as shown in Table 1 have been allocated in accordance with the benefit rendered to the property therein, with benefit estimated to be a function of (i) the service or benefit area for said improvements and (ii) the relative capacity for said improvements reserved for or used by properties within the benefit area. A discussion of the relevant benefit area(s) and measures of public facilities usage is detailed below. As mentioned previously, SSA No. 2004-106 is anticipated to fund only certain of the master-planned, community, and neighborhood improvements and soft costs. However, this section addresses all the Eligible Improvements in an effort to provide a comprehensive discussion of benefit areas and the allocation of costs. 1. BENEFIT AREA a. MASTER-PLANNED IMPROVEMENTS The benefit area for the master-planned water improvements includes all of SSA No. 2004-106. As indicated in the Annexation Agreement, the master-planned water improvements provide capacity that is roughly seventeen percent (17.00%) in excess of the needs of SSA No. 2004-106. Typically, the water storage systems of this magnitude are sized in increments of 500,000 gallons. Given the relatively minor excess capacity, the master- planned water improvements' capacity is consistent with sound planning, engineering, and economic reasons. In addition, only the recapture attributable to the Central Grande Reserve will be funded by SSA No. 2004-106. Any such recapture may be applied toward the redemption of the Bonds attributable to the Central Grande Reserve should they remain outstanding. The benefit area for the master-planned road improvements includes all of SSA No. 2004-106 except the commercial property. The road facilities are those identified as necessary for the Grande Reserve Subdivision in the Grande Reserve Traffic Impact Analysis report prepared by Metro Transportation Group for the City (the "Traffic Study"). The Traffic Study does not include the commercial property in its analysis and therefore is presumed not to contribute to the need for nor benefit from the improvements recommended by the Traffic Study. Special Tax Roll and Report Page 9 City of Yorkville Special Service Area No.2004-106 June 22,2004 b. COMMUNITY IMPROVEMENTS The community water and park improvements benefit all of SSA No. 2004-106. The community water facilities are extensions of the master-planned water mains. Community park use is not restricted by Development Area and therefore the benefit area is coterminous with the SSA boundaries. The benefit area for the remaining community improvements is limited to the Development Area served. Community road improvements (i.e., the collector and entrance roads) and the earthwork pertaining to the on-site storm water detention areas are grouped by Developed Area. The on-site lift station and storm sewer facilities serve the Central Grande Reserve only. C. NEIGHBORHOOD IMPROVEMENTS As mentioned previously, the neighborhood improvements will be constructed within the neighborhoods comprising the Central Grande Reserve, and there logically benefit those specific neighborhoods. d. SOFT COSTS The benefit area for the soft costs depends upon each specific soft cost line item. Certain soft costs relate to the master-planned facilities and therefore confer benefit to all of SSA No. 2004-106. Other soft costs are neighborhood specific. Additional discussion regarding the benefit area for each soft cost line item is included in Section V.C.3.d below. 2. PUBLIC FACILITY USAGE Once the benefit area has been established, the special services may be allocated among the various properties within such area in accordance with use. As is discussed in the following sections, commonly accepted measures for public facility usage indicate that the benefit conferred by public improvements applies uniformly by land use type. a. SEWER AND WATER USAGE The primary determinant of sanitary sewer and water usage is the applicable population equivalent, or P.E. Household population is the criteria commonly used to project sewer and water service demand. Wastewater Engineering, Third Edition indicates that residential wastewater flow rates are typically determined on the basis of population density and the average per capita contribution of wastewater. The Illinois Environmental Protection Agency's ("IEPA")criteria for water storage and distribution systems assume Special Tax Roll and Report Page 10 City of Yorkville Special Service Area No.2004-106 June 22,2004 an everyday use equal to 50 gallons per day per person. In addition, an emergency capacity is set at 50 gallons per day per person. This equates to 350 gallons per day for each single-family home given the IEPA P.E. factor of 3.5 for single-family homes. The factors published by the IEPA for apartments range from 1.0 to 3.0 depending upon bedroom count. For purposes of this analysis, a simple average of the three factors published, 1.0 for one bedroom units, 1.5 for two bedroom units, and 3.0 for three or more bedroom units is assumed, resulting in a P.E. factor of 1.8 for apartment Dwelling Units. The IEPA does not publish P.E. factors for duplex or townhome Dwelling Units, but indicates that the published P.E. factors for apartments may be used to estimate their P.E. As the duplex and townhome Dwelling Units are anticipated to average three bedrooms, a P.E. factor of 3.0 is used. Sewer and water demand for commercial development is a function of the nature and intensity of use. The Commercial Property is a small development site approximately 4.5 acres in size. The developer indicates potential uses would include relatively low P.E. uses such as a service station and convenience market. Therefore, a P.E. factor of 10 per acre is employed in this analysis. Sewer and water demand for public schools is driven by two factors: type of school (i.e. elementary school, middle school, or high school) and the estimated number of students and employees. According to the school district, an elementary school, with an estimated capacity of 600 students and approximately fifty (50) employees, is anticipated to be built in SSA No. 2004-106. Applying the IEPA's standard of 25 gallons per student and employee per day yields a total of 162.50 P.E. for the site. Clubhouse sewer and water demand is a function of the nature and intensity of use. Information provided by the developer's engineer assigns 22.50 P.E.to the Clubhouse Property. Table 2 on the following page shows these P.E. factors and their equivalency (i.e., the P.E. factor for each land use type expressed in terms of the P.E. factor for a single-family home). Special Tax Roll and Report Page 11 City of Yorkville Special Service Area No. 2004-106 June 22,2004 �t ° °o °o 000 °) rn °o O ; M O O N C14 aNO ~ O O O N (p LL.0 N M (O N m r+ -c C m N O fl- t- d O C 01 N LO le M co Co E O O � lT1 ". •Nd' O O! •�, r O O O �(JD O C'4 co W N c m 0 o O O (n O o o ° O O o Lq �_ O r - In M O F- d LO O - Iq r - N 'V 't — cV co 0 � m O � w � 0 !a U� O O CIR N N . a w M M M O.- O Z LLI N 3 a r Z z z z z z z "' "' a v v m N N W O Z (O W C! O (n H Q Q Q Q Q w ui CD N �v� W Z Z Z Z Z u07 Z Z Y09 d O W J C W o 0 > J N a o > m Ui m p Z :3 O w Z a 0 N JW c c p Q Q Q Q °o Q Q Q r N a Z O Z Z Z Z O Z Z Z w y o a N o U) 0 o E- w o_ CL E a� C N w fq r C, co t c o = O N M I) M Z Z Z Z (O j N C uj •� a� m v o c o rn L5 '> c n ro o 'w 3 > v a ° c o ° wN o c .n � o W na o 7 U N a >, M .a>, Me CL) U L m w u, >, Q CL a r d n = p! d. N N N O. 'o f0 °� o m Ti N d a N N O L � �" w > .�.. m CL .may. a. 'O CL d 7 •C 'O •C E 0 a) � OL w E N U E o o c N d CL (n W 11 x L L L O y ._ N L a- � p > n. > M fq C O Q. U O F- LLI ff o a m 1 H Q � U U �p a w o w U 'o c b. ROAD IMPROVEMENTS Road usage is typically computed on the basis of anticipated trip generation. The Institute of Traffic Engineers publication, Trip Generation, Sixth Edition, indicates average weekday trips per single-family, townhome, and apartment Dwelling Unit of 9.57, 5.86, and 6.59,respectively. As mentioned previously, the single-family property in North Grande Reserve is anticipated to be age-targeted. Consequently, the Traffic Study employs a reduced trip generation assumption of 2.76 trips per Dwelling Unit. As with P.E. factors, trip factors for duplex Dwelling Units are not published in Trip Generation, Sixth Edition. However, Trip Generation, Sixth Edition states that the average weekday trips for residential land uses have a high correlation with the number of vehicles and residents. As vehicle counts are obviously unknown at present, household size is used to estimate the average weekday trips for duplex Dwelling Units. Multiplying the population ratio between a duplex Dwelling Unit and a single-family home (i.e., 3.0 divided by 3.5) by the average weekday trips for single-family homes yields an estimated average weekday trips of 8.20 for a duplex Dwelling Unit. The average weekday trips associated with an elementary school are typically expressed per student and are estimated by Trip Generation Sixth Edition at 1.02 per elementary school student. The developer's engineer estimates average weekday trips for the Clubhouse Property at 90. Table 3 on the following page shows these trip factors and their equivalency (i.e., the average weekday trip factor for each land use type expressed in terms of the average weekday trip factor for the typical single-family home). Special Tax Roll and Report Page 13 City of Yorkville Special Service Area No.2004-106 June 22,2004 . o / �. k CO \ k CO \ \ 2 w5 a 7 q ƒ g E b 6 C \ V = 5 # q q R � 6 / a k k k 0 w \ z k � a $ . � t M Cl) o / / R c o co _m -C � m ¥ c o q / k k R / \ / 2 \ w m _ § y k / q 7 7 / \ % 7 / ƒ 2 § ± 2 > 4) a & o6 a a / q • w � � F- CL § C « ° m } > 2 2 k k k k ƒƒ 2 k 2 % \ wJ E 2 / $ U) LU w a S 2 § I 2 ° ! ° UJ CD & 7 2 / � ® \ m k E < « « < « o « « o k \ / < 0 2b J 2 2 2 2 2 2 2 2 2 2 ] a = o ¥ : 0 k 2 » ) O } 2 � k w k f J E E \ o k k / k © k o g m ¥ n q\ �© E / f =3 > o 2 = e e � _ > _ ] k = E < � � CL 2 kD m - % 7 E a , \ / ( � R_/ f \ k§ CL D 2 - k 2 D >, t O A 6 =3:3 » _ . 2 ; , k a 7 f E + @ O ■ : 3 3 IL I 2 % � c % o } 0 k ; a \ \ / a $ 4f » $ � 5 E E / / k E \ / / \ k / / c ( x = � E o o 0 2 & k k 2 c « b G 2 � = s _ m 2 CL » % 0 a- a- = o @ : : : ; $ E E o o o — : w a) :3 , £ i 2 / / O w < m 0 2 k J J J v c ;:7 R R R 3 C. STORM WATER MANAGEMENT FACILITIES Storm sewer facilities are sized based upon estimated storm flows, which vary with the size of the tributary drainage area, slope, soil type, antecedent runoff condition, and impervious ground cover. In its "Urban Hydrology for Small Watershed: TR-55 (the "TR-55 Manual"), the United States Department of Agriculture specifies average "runoff curve numbers" for purposes of measuring storm flows or runoff. The runoff curve number for fully developed urban areas indicated in the TR-55 Manual vary by land use type, impervious area, and hydrologic soil group. Assuming generally uniform antecedent runoff and hydrologic soil conditions within SSA No. 2004-106, storm flows will tend to vary with land use and the associated impervious area. Impervious ground coverage factors for residential development vary by development density or the number of dwelling units per gross acre, with gross acreage being exclusive of open space. The anticipated gross density for the three residential land uses are as shown in Table 4 below. The TR-55 Manual estimates impervious ground area at approximately 30.00% for development densities of 3.0 units to an acre, 40.00% for development densities of 4.0 units to an acre, and 65.00% for development densities of 8.0 or greater units to an acre. The TR-55 Manual does not contain impervious ground areas for apartments, elementary schools, and clubhouses. For apartments, the impervious ground area for commercial is used as a proxy (85.00% impervious area per acre). The impervious ground coverage factor for the School Property is based on discussion with the school district's architect. The impervious ground coverage for the Clubhouse Property has been provided by the developer's engineer and is based upon the preliminary clubhouse plans. Table 4 on the following page shows the impervious ground area factors and their equivalency (i.e., the average impervious area for each land use type expressed in terms of the average impervious area for the typical single-family home). Special Tax Roll and Report Page 15 City of Yorkville Special Service Area No.2004-106 June 22,2004 O _ N M O N N L' N N G M O M r Lo w N N 01 1- M W N N r M N N C !a w O w m w co co Lo C'4 Q o O f- w w t N M = Z w O O O M N @ 'c W H c N > rY O m .= 1 90 Z Z Z Z Z Z y I.- O c E Q r o L T O N LO N 01 - 00 Q Q w 0 L) G (: 'i (3 O M M Z Z Z E d u") M M M N mw+ m � U y U m — ❑. 75 g La d m d F= O7 O - \° \ \ \ \° \ = E ° E Z ai v C) o 0 a a M oo Q m o M 0 > > t6 O O o0 l6 In M N Z "U- � m C O LL M M M co oo co to d C' rn Z o > J y 0) Z E W Q o 0 o w CD cn N LO w E d O r T 07 r W � C1 Z Z Z Z Z N LO Z v - . C d W Q T 3 ° N W O CD W y o v vi J N 0 `o ° ° 'a Q Z Q «° m` -° y L F- ° m cLi w Q C7 W y rn co co Q Q Q ` Lo N M Z Z Z > m ° N Q d N M 6 GD o an d ° ° m m o O °' v F`o °m L) o A O T m ° a a m (D w W a m N M � M Z Z N .o v Z a c 0 N Q m m CL n m '0 E c o D ° E ° N E ° a N a°i a E c O CL o o c n a -� _ T o c LO H Q O i d U (n CL 2 N c N N 0 °• t m C 3 a O p a 'a) o m m o E CL n Z O N O a ° m T >, >, a s a fl a �y- m o E c o m m N N N a O N d > > > c w c o N N X L p O o o_ 2 y d O O L Z Z m ° co co N c = o n cL) Fn 'cn I- Q to U 'a E w m w U � c N M tF N (O ti N M d. PARKS Park use is estimated to be a function of household size, given that the park improvements to be funded will be made to local parks within the Grande Reserve Subdivision and will be utilized by the residents within SSA No. 2004-106. The household sizes are consistent with the P.E. factors discussed above, as they are a function of household size. Table 5 on the following page shows the household population factors and their equivalency (i.e., the average household size for each land use type expressed in terms of the average household size for the typical single-family home). Special Tax Roll and Report Page 17 City of Yorkville Special Service Area No.2004-106 June 22,2004 TABLE 5 SSA No. 2004-106 TOTAL GRANDE RESERVE HOUSEHOLD POPULATION AND EQUIVALENT UNITS Total Dwelling Household Equivalent Equivalent Land Use Units Size Unit Ell_ Units [21, 3 (1) Single-family Property (per DU) 1,289 3.50 1.000 1,289.000 (2) Duplex Property (per DU) 350 3.00 0.857 300.000 (3) Townhome Property (per DU) 707 3.00 0.857 606.000 (4) Apartments (per DU) 300 1.80 0.514 154.286 Grand Total 3 2,646 NA NA 2 349.286 [11 Equivalent units computed by dividing household size for each such land use by household size for a single-family home. [2] Equivalent unit factor multiplied by applicable number of dwelling units, schools, or clubhouses. [3] Calculations may vary slightly due to rounding. 3. ALLOCATED COSTS As mentioned previously, SSA No. 2004-106 is anticipated to fund neighborhood improvements only for the Central Grande Reserve. However, this section shows the allocation of all the neighborhood public improvements in an effort to provide a comprehensive public improvement cost allocation. a. MASTER-PLANNED IMPROVEMENTS The master-planned improvements are allocated to each land use type in accordance with the equivalent units shown in Tables 2 and 3. First, the cost per equivalent unit is computed as shown in Table 6. Then, the cost per equivalent unit is multiplied by the equivalent unit factor for each land use to arrive at the cost per dwelling unit as shown in Table 7. Special Tax Roll and Report Page 19 City of Yorkville Special Service Area No.2004-106 June 22,2004 TABLE 6 SSA No 2004-106 1 TOTAL GRANDE RESERVE MASTER PLANNED IMPROVEMENTS Total Total Cost Per Estimated Equivalent Equivalent Master Planned Improvement Cost Units 1 Unit 2 3 Water $8,879,000 2,415.000 $3,677 Roads $5,004,770 2,095.387 $2,388 Grand Total 3 $13,883,770 $6,065 [1] Equivalent units for water and road improvements from Table 2 and Table 3, respectively. [2] Total estimated cost divided by applicable total equivalent units. [3] Calculations may vary slightly due to rounding. C 41 N N y M M 00 M IT CMD IT ti C Q U ch o cD C'j Ci z LO > Q c 6 � � � N o V a r 0 > L o W M e- W o Q o N w w w M v z o 0 0 0 rn co cW a.c L d a r Q c0 p p C N N N N N N N V W❑ 64 64 69 69 64 69 69 ❑ z C4; h � r �- r CD M m d V M CD m r r � CO N W > O p vi C6 69 6M9 � b9 Cl 04 V p L. Q V 69 W U a W W � � � N O N Q m > "_' L O O L~ N N lf) r W = yp+ O O 00 00 LO - d' tb r• S= r r o 0 0 0 to � CD Lu U)J N ❑ z G W LL I-- z a L L C Q t� j s r- r- ti P- I- r` r- r- rn H V VM � � � � � � 64 cli W ❑ W z z ., U J 2 a L _ � a � W _ H p m U N c L j > o 0 75 N N C . . 3 O U CL D~ _ _r_ (D O O C N H Q O ❑ L L N a T i i 0 CL cn CL C C Q' a) 0 ° ' a a o a� a o OL = > >. >, 0. ti a a d O N O N N .� �; E L C L N 2 U N a N ju ca 0- 0 a� m X E o = E Q � C 3 m s = E E E �, E U) cn ❑ H Q w U U LL LL U U N M d L LO r- a0 N c� ui b. COMMUNITY IMPROVEMENTS The community improvements are allocated to each land use type within the benefit area in accordance with the equivalent units shown in Tables 2, 3, 4, and 5. As with the master-planned improvements, the cost per equivalent unit is computed first. Then, the cost per equivalent unit is multiplied by the equivalent unit factor for each land use to arrive at the cost per dwelling unit. These calculations are shown in Tables 8, 9, 10, 11, 12, 13, 14, and 15. Special Tax Rolland Report Page 22 City of Yorkville Special Service Area No.2004-106 June 22,2004 TABLE 8 1 SSA No 2004-106 TOTAL GRANDE RESERVE COMMUNITY WATER AND PARK IMPROVEMENTS -COST PER EQUIVALENT UNIT Total Total Cost Per Estimated Equivalent Equivalent Community Improvement Cost Units 1 Unit r2l. 1`31 Water $578,402 2,415.000 $240 Park $2,792,983 2,349.286 $1,189 Grand Total 3 $3,371,385 $1,428 [1] Equivalent units for water and park improvements from Table 2 and Table 5, respectively. [2] Total estimated cost divided by applicable total equivalent units. [3] Calculations may vary slightly due to rounding. f rn rn rn rn r C) o z z z d O +r r r r r E a c 69 69 69 > U 0 E d MW Y 'j; c o °o 0o Li m Q Q Q M 0 0 o co w z z z d a o 0 0 LL CW W , D o L Q E a is co co 0o CO ao Q Q Q J 0 . r r r r .- z z z m U LL O CO) H CO) O Lo U d o CD 0 R M O O LA Ln CO 04 V ti W d o ++ N N N CD N r to O QE _ O 69 ` 69 Ef3 u)' 69 Ci U > Q U w O O > CL�+ W Q N W U) +�+ 4O O O cq 00 Lb V v OR w H LO = L L O O O co CO M N z 2 'w I— Z �' > w O Ea1y � c J a Ea `� .Lw °V vo ov ° ov ov ov ov Q > V O a S 6N9 ta 6N9 6N? 6N9 6NR N 04 O Y U w Q a 0 `o a o wm cu a ` � o O a3 Q. O V - Q U Q to Q c CL a 0 0 0 0 a a�Cl CL a E O a) N O 4) cc C6 N .5 C' E C (qU N N N C (wE0 � a O a) a 7 L n 0 .n o H � 3 crs E E E �, E C) 0 U) fA D Fo Q U) U U u. LL U ii U -a (o I- J TABLE 10 SSA No 2004-106 TOTAL GRANDE RESERVE COMMUNITY ROAD AND ASSOCIATED SEWER,WATER,AND STORM SEWER IMPROVEMENTS NORTH GRANDE RESERVE COST PER EQUIVALENT UNIT Total Total Cost Per Estimated Equivalent Equivalent Improvement Description Cost 1] Units [2] Unit[3], 4 Sewer and Water Road Associated $115,995 902.857 $128 Road Improvements $1,702,761 648.625 $2,625 Storm Sewer Improvements Road Associated $57,998 710.267 $82 Storm Water Detention (Earthwork) $1,231,904 710.267 $1,734 -------------------- Grand Total 4 $3,108,657 $4,570 [1] See Exhibit B. [2] See Exhibit A for a breakdown of equivalent units by Development Area. [3] Total cost divided by applicable total equivalent units. [4] Calculations may vary slightly due to rounding. d t ... ti o CF) � I G , � O N aNO d09 E Q 0 (A E9 69 V N iC O coo cn (OD CD o Ln O Q LO (D V N Cl) Z 3y M N O O O O� W LL CO) r €.a d CD (D CD w U) y > z Oct 00 00 0o z z z c �j Q 69 69 69 6p. Z W W E W w rn r- co > u M O LO N co co O O O O 69 I- N _ _ EA Efl (fl C y. EA b9 ffl IL W d Q V co �+ W ❑ 4Ei y O W ZQ C > C w O N 06 CD � O ji � Z J ,a O o O o o of O m W c Od d LO LO Ln D! Q O 0 7 = Z N N Nil NI Z Z' Z C cc W W U a 6a 69 60 e3 CD W F- W W r W W ems- o w Q V m W O d �I w OD 'Q Q bsZ w E 69 i � f» ~ Q C7 w j C Q 0 v� a a c LLI F O W W : = N O O n �j' V N O) L7 O O Lo Lo N ~ Q _ +O+ O O C W 10 t0 a- O C) O V (p N O o 3w 0 Q Z tv at Z = 3 w = Q N, CI N N. Q Q Q p � Z Z Z Z = 6" tf3 fR (f? Q Z V W O ° �} w F- E Cb Z � m a O n U) v :3 U o N ° �m � a r O n >. O) _ ❑ O 3 Q O U a O i N U O c > ❑ a w a E rn CL CL d o` C o a c o` a�i > >, C d ° N d o 1° E O N .N.. O N N co 2 E = a) y N N C V 00 t E F M Q F H m a 3 m t E E E a E E fA fn ❑ F- Q fn U U LL LL U LL. LL U R N M In CO h OD man uEro J TABLE 12 SSA No 2004-106 TOTAL GRANDE RESERVE COMMUNITY ROAD AND ASSOCIATED SEWER,WATER,AND STORM SEWER IMPROVEMENTS CENTRAL GRANDE RESERVE COST PER EQUIVALENT UNIT Total Total Cost Per Estimated Equivalent Equivalent Improvement Description Cost 1 Units [21 Unit 3 4 Sewer and Water Road Associated $2,132,212 1,223.286 $1,743 Lift Station $361,500 1,223.286 $296 Road Improvements $1,998,689 1,170.762 $1,707 Storm Sewer Improvements Road Associated $1,111,399 1,109.155 $1,002 Storm Sewer Main $361,498 1,109.155 $326 Storm Water Detention (Earthwork) $3,925,070 1,109.155 $3,539 Storm Water Detention Basins $2,527,500 1,109.155 $2,279 Grand Total 4 $12,417,868 $10,891 [1] See Exhibit B. [2] See Exhibit A for a breakdown of equivalent units by Development Area. [3] Total cost divided by applicable total equivalent units. [4] Calculations may vary slightly due to rounding. 1 y CD. o I { C Oj M O N LO N � O V fO A r 19t It (M V EQ 0 Efl 69 69 b9 Ef? d V CL m V N E O c O O 000 0 (00 LD 10 m Q ` = a+ O 1� Uf (0 V N Z 3 O• !L O O O O M N yW N I- O of 41 , LO LO LO LO d ' 4 Q � � � � r Q U) V Q Z Z W cn m Cl) LO 5 V O p C- O O W C y T o ( V, � Q O EA Ef3 C,3� O w c (� IL E _ Z O (a O 000 lC N w LO O Q Q C= w O N 00 (0 (0 m Z 0 o r O O O O C') 0) (n } — w LL Z O 0 _ w Q U a i�a o Q o 0 0' o o Q j3 W ! ti Z n tiI, Z C O w � V'p (A Efl Efl 64 ER Efl O fn Q Q w r w ' O (O lu O CO O Q W O .. N 69 V (+i HZ (n w d c � � ifl <fl Q C9 ❑ W C Q U ai J F w CL O U O O Li LO N N Q ~ w +O+ O O 00 co I ! v Z (n ❑ O O R O o' of V (6 Q �+ W w ❑ < Z c Q J y 0) m m m 0 0) Q m H > c o Z o 0 0 0 o Z w U w o H U Z w D c L N � o� U 0 a) c a U) v o) :3 a) o �¢ L a O CL D _ T �l _ ❑ 3 Q O h U n v a) U a) a) 75 >` > ❑ ° m CL E r _ m a s ❑ `m T a N a ❑ ° m a) a a v- o a� o o c > > > n a ° a a a � E O O f6 N 2 CM V 2 � C L a) �U N N O' 0 0 C CL O N iL a m Z .o o N N aa) C O 0 E H H a F F i W c O a U 3 O O Q 0 0 Fo '� (n (n ❑ Q (n U U tL tL U LL tL U TABLE 14 SSA No 2004-106 TOTAL GRANDE RESERVE COMMUNITY ROAD AND ASSOCIATED SEWER,WATER,AND STORM SEWER IMPROVEMENTS SOUTH GRANDE RESERVE COST PER EQUIVALENT UNIT Total Total Cost Per Estimated Equivalent Equivalent Improvement Description Cost 1 Units [21 Unit 3 4 Road Improvements $300,000 276.000 $1,087 Storm Sewer Improvements Storm Water Detention (Earthwork) $606,591 276.000 $2,198 Grand Total 4 $906,591 $3,285 [1] See Exhibit B. [2] See Exhibit A for a breakdown of equivalent units by Development Area. [3] Total cost divided by applicable total equivalent units. [4] Calculations may vary slightly due to rounding. a f 0 2 2 2 2 2 2 2 � C § � 2 = q 2 \ 2 2 7 (M < > 2@ ¥ U ID T g m 2 $ i m w o a o o / q R � . LU E 2 ° 00■ o 0 / \ 7 k k k k k ƒ / ƒ $ QED m cli RR . ■ Cl OD 2 / ° 2 7 2 2 2 2 2 LLJ < \< k - ƒ w c ■ c # $ 4 § ® 7 q 20 2 2 0 < o 4 ƒ �. 2 = v R CD R \ R m 2 C 0 fc _ 6 0 o a 2 2 C) = \ w LL 2 ■ 2 d $ _ « o p LU a. — 00 $ < / W % .> = ° k / / ƒ ƒ k / w q ° O Q w w F- 0 w U) w U) « 2 /2 < $ (D E / a _ ( _ F- 0 w 0 a 2 5 m a % § _ z a f 2 / .2 o w D \ R o \ \ w f 2 ° a) \ _ \_ ± E � ± a 0 Q C o @ � G » CL f o % 7 } & w 4 J J k k ®/ \ §} // ®§ / \§ $ \ /= E \ ■ 0 2 a » � E E E > E E 8 c § 3 o cL o o 2 2 o e 2 5 7 2 c w « m G 0 = = o = = o cc . 'o � a L�� t� 33723 C. NEIGHBORHOOD IMPROVEMENTS The costs for each neighborhood are grouped with other neighborhoods comprised of the same land use. Each neighborhood within the Grande Reserve Subdivision contains a single land use. Then, these costs are simply allocated on a dwelling unit basis because the land uses are sufficiently uniform that the public facilities usage factors do not vary within land use type. An estimate of probable costs for each neighborhood has been prepared by the developer's engineer, a summary of which is attached hereto as Exhibit A. The aggregated neighborhood costs by land use type are shown separately for each Development Area in Tables 16, 17, and 18 on the following pages. Special Tax Roll and Report Page 31 City of Yorkville Special Service Area No.2004-106 June 22,2004 ' Q 00 O O O O O O C O �+ Z M t � ^ M "I Z O Z d d C 69 b9 > < V ; Q V o c O C N O. C N 0 3 C Z N N °v M � n E ^ Z C\1 N z O � 3 N N E p o p N E C) o p 0 N o o0v O O O Q co co Z pZ M CD Z r- u7 h M co ~ � � 609. 6N9 N M V � 69 fA oa � a CD m C)d Ln V M Z O W fD (O U �" Z M U7 Z O y 69 � � 6N9 C, U) EA 64 O u1 m QU W c QU D d £ ❑ � C N O -@ 0 Z O (D m O Z O - 4 C7 Q I W Z Z. O = N N V M g CL _ CL d = n Z N N 3 CD m ❑ � A U) F- O p p CO fn O M Z N r 00 CD W N I- O w In O O W W O Q O w c'i p W W () N Q p Q w ❑ o Z v C) o ❑ '3 v Z U) L Z n W W O o FW- ~ is3 v 6% o fW > ~ ~ 69 •- W Q C W 0 V v a CU a O el J N ❑ O 10 M Q O y c n v � z O O M Z co v V7 0 Z p Q Z p v� Z p W E o ac� x > 'o QV ac� x > 'o Q0 N Q O W CL U) Q O W a F- 03 N E N F- M W C N O W W 1`0 •3 Z N N cn O W W r+ •� r Z N N Z z Z 3 ❑ � Z Z 3 0� I=0 O Co (7 A O O O N Q C:, ( Q 4) C Dv_It N O N F- Z n � � Z ) F p Z ° `� Z Z t9 E» V � 6% 69 ❑ ❑ L a O v w m N c ❑ N c o- p) o, o a m = m = m o v F- 6 o T C ❑ V d d) = V 0 cm v >. ❑ .D y > F- Q ❑ a m ❑ a ) rn •N (D CL n y ❑ c Z o. a 4 O c Z Oi O` O UI >, CL M a a c a s o n d w 'D E T a a a v E o m > E E - E c v c E E c � 0 w ° a o m m Q �, ° f°- a o m m , 0 a� a> d c r v x r E ¢ o C U W a a _ d D1 Of c0775. (/) C C L L Iq C C ❑ co in ❑ F� Q w u'S i° U O to Fo 0 Fo- Q w w H 0 N f7 « $ y 2 2 [ m@32 DO MM > ¥ o e e 2 » E ( ( e § « # U ■ x � f f q - ® ] -0 g g | S. & « a } 1 w CL CD a + CL CD a 2 7 ° k to f ƒ \ \ CD � } - q § CL 0 e (D m f 2 k _ / / . . CL E E a o / \ § § § § N E ■ z CD m CD w .k ) kf f § § § » E E E q 2 ) J _ \0 . $ { > o m ) Q >\ �> § . } § § § § -C:, ; § § 7 \ m UU ® � §X X m co > m m / o 0 / $ a § § § > \ f § § % w g 2 \ \ o g � § §i § § %0 z § �§ 7kCD m = § § § § j 30 - � § § § § 4A' it � \CD o > § § § 0) % to / k / k = gym § § § § , to $ ° - E d. SOFT COSTS The allocation of the soft costs varies. Preliminary engineering, City plan review fees, and certain overall final engineering costs are allocated on a percentage of hard cost basis. Final engineering costs pertaining to the master-planned improvements are allocated in accordance with the applicable equivalent units. Final engineering costs for the Central Grande Reserve single-family neighborhoods are allocated to those neighborhoods; final engineering for the remaining neighborhoods were not completed at the time this Report was prepared and are consequently not included. Tornado siren fees are allocated on the basis of household size. Construction management is first allocated to each Development Area in accordance with the developer's estimates, as the developer will be the construction manager; next, these costs are allocated to each land use on a percentage of hard cost basis. The resulting allocated costs are shown separately for each Development Area in Tables 19, 20, and 21 on the following pages. Special Tax Roll and Report Page 34 City of Yorkville Special Service Area No.2004-106 June 22,2004 Oo y '53 G A W N _ 7 f7D -:4 —a) (T ? W N 7 n 0 W D � v 0 W C o n 0 v � C o ° a. m ° 0 3 o x . . m o °o— 3 - X m m -0 7 N tD a c v m ° o u, m 0 3 3 v CD o m o 3 3 0 v N v c — -p ID CD° N `� N o o ° N � CD � p ° m � v v m 'o v v C c N (D M G CCD C .� N a v v 'a to v v p fD N s CD C i i CD 0 CD C c o p v o p v l co N Q C �♦ p� c C O 41 O N �. C — a (D N N CD to CD fD fD =p CD CL p O_ p C C n v rn m m o z v O c M fo 4.9 3 r O O °D O 0 G) Eft N ? -I .� ZD M N ZD w W zD w e o Cnn D D w j 0) D 0 3 D 00 AO N w cn f N 1 z C o Z m n m O a 3 c O E» cn -a to -� S9 69 � n o N D N to fa Ea � En n o 3 m D cn z is Z w w Z to o ° m m r °D z z o cwn o D 0 m � < Cn r D o, o D cn OD D rn m < p O D D cn D D .. 9 = m O O D m D CL cc - -iDo W o to D - DoW z z +a � 6 r o p o m c» r n m o trig w r- z z '° OD °o z o Off+ {' ° z z °0° v W c°o z o '� n D D o w D w 5t w D (n c U1 D D - V W o D y vmi o W N rn — m '� m m o w �" — m m w < C < . 0 -1 n m - N m D m n OO Z Z W A n OF A CO)0 ti W W ° D D D D D (0) °O 0O M o a) tc -Wi CL C, z V t to c.01 cyl r) CD 00 D w D �t D io o n N o Z Z w o Z o m N N V A A 3 0 m w D D N K) D 0 m CA) t0 O — O O w O N — p� 0 V N 7 y to ID c Efl D B n D �. Z w Z A A Z W 0 O 7 O _' N W A ) 0 O 7 O. D Ul N D N W D rn t°n w _ °w D D to 0) N ao y v°, m •• 3 N w ,.' w O O A O .� �-► c a .69 N IGF) CA �69 OD --j — W co oo w b9 CJ - v (O Z O Z Z Z ' Z Z A C., D o w D w D OD a�i D v D D - w w N D d O N a O V O t o 0) CL 2)0 O 7 N N Z N CO Z N W Z A 00 .n L>ZZ> N N W OD o W D v w D W oy D °D -4 M N D � D c to > c w m / G ƒ -O 2 / -* @ CL ] 0 k 3 i x to / m 7 2 ƒ k } 2 D 23 ' m ] m 10 3 2 Q m 2 '0 k _ m c m § m 7 n D 0 f m =r i 3 © t E m / 0 2 k .m D CD CL ? CD � E c . z f 0 E > > > > > > > > $ g z ^ m m ; w 42 c \ z z z z z z z t o0 M r, § > > > > > > > w t g a < q e CL J > � > / » E q § \ m z z z z z z z / o ƒ > j q L > > > > > > > % E m \ q W A Q X 2 n < a ® nE \ °k § § § § § § § \ 2 ; J 2 C r z _ o � � c § § § $ I § i q f � m . 04 -to» .$ g: > > > > > > > k o_ � ¢ � » n > > > > > > > / C) > @ i § § § > > > > k ° � 0 > 2 , � _ E O i. Aggregating the allocated costs in the preceding tables results in the total allocated costs by land use shown in Tables 22, 23, and 24 on the following pages. Special Tax Roll and Report Page 37 City of Yorkville Special Service Area No.2004-106 June 22,2004 TABLE 22 SSA No.2004-106 j TOTAL GRANDE RESERVE NORTH GRANDE RESERVE-TOTAL ALLOCATED COST BY LAND USE Master- Soft Land Use Total Planned Community�eighborhooj Costs (1) Single-family Property-Typical(per DU) NA NA NA NA NA (2) Single-family Property-Age Targeted(per DU) $24,241 $4,365 $3,731 $14,900 $1,244 (3) Duplex Property(per DU) $21,219 $5,198 $4,664 $10,175 $1,182 (4) Townhome Property(per DU) $18,271 $4,614 $4,151 $8,450 $1,057 (5) Apartments(per DU) $12,964 $3,536 $3,437 $5,203 $789 (6) School Property(per school) NA NA NA NA NA (7) Clubhouse Property(per clubhouse) NA NA NA NA NA 8 Commercial Property(per parcel) $52,876 $47,271 _$3,079 NA $2 526 TABLE 23 SSA No.2004-106 TOTAL GRANDE RESERVE CENTRAL GRANDE RESERVE-TOTAL ALLOCATED COST BY LAND USE Master- Soft Land Use Total Planned Community�eighborhooj Costs (1) Single-family Property-Typical(per DU) $35,719 $6,065 $12,320 $15,676 $1,658 (2) Single-family Property-Age Targeted(per DU) NA NA NA NA NA (3) Duplex Property(per DU) $24,728 $5,198 $8,683 $9,575 $1,272 (4) Townhome Property(per DU) $22,765 $4,614 $8,772 $8,325 $1,053 (5) Apartments(per DU) NA NA NA NA NA (6) School Property(per school) $813,067 $323,442 $459,699 $0 $29,926 7 Clubhouse Property(per clubhouse $229 858 $46,097 $176 410 $0 $7,351 TABLE 24 SSA No.2004-106 TOTAL GRANDE RESERVE SOUTH GRANDE RESERVE-TOTAL ALLOCATED COST BY LAND USE Master- Soft Land Use Total Planned Community�eighborhooj Costs (1) Single-family Property-Typical(per DU) $27,850 $6,065 $4,713 $15,672 $1,399 (2) Single-family Property-Age Targeted(per DU) NA NA NA NA NA (3) Duplex Property(per DU) NA NA NA NA NA (4) Townhome Property(per DU) NA NA NA NA NA (5) Apartments(per DU) NA NA NA NA NA (6) School Property(per school) NA NA NA NA NA 7 Clubhouse Property(per clubhouse NA NA NA NA NA 4. SSA FUNDED COSTS The Eligible Improvements anticipated to be funded by SSA No. 2004- 106 are shown in Tables 25, 26, and 27 on the following pages. Note, the developer will privately finance all of the allocated improvements for Neighborhood 4 (apartments), Neighborhood 5 (townhomes), the School Property, and the Clubhouse Property. Therefore, these properties are exempt from the special tax. Special Tax Roll and Report Page 39 City of Yorkville Special Service Area No.2004-106 June 22,2004 �j O N Q Q Q Q Q Q Q p N (MO Q N 01 Q O O P N U Z Z Z Z Z Z Z N 0 -q Z C N Z 6s 69 Vy L 0 d O Q Q Q Q Q Q Q d O Q O T Q O O E L Z Z Z Z Z Z Z L Z FA Z 64 to CL y C a as a u E Q Q Q Q Q Q Q u E r° Q o o Q o 0 U) u Z Z Z Z Z Z Z U) Z - Z t» cg O O U U31 ell o 4)a °: � Q Q Q Q Q Q Q � v c LO Q � v Q o 0 Z 0 m m Z Z Z Z Z Z Z Z U) A N Z Z u> 6% LL LL rLd LL LL a 49 ifl w w w w w o Z Z Z Z Z z Z w o `6 z m z °ea °tn - Ix F m (+i ni w w to b9 603, °z w ❑ J o a Q o 0 0 o Q Q ZZ g❑ (7 p H O1 Q Cl)i Q o 0 Z F � 0Z � � � � a 0 Z �- � 6Z � � a� O m M tD O O (� 0 CD jo o o N 0 0 O Z o a Z t» t» t» o Z Z V o efi Kd Z to Hi LU V N t N t to uj W w Z -0 a ° W Z a p N LU Z Q N p L Z O Q O J N ❑ LL U) m J N ❑ LL U) m U) C O 07 p Z a E Q o 0 0 0 Q Q m p Z w A E IR Q o o Q o 0 Q Z 9 w 'o Z ts� tsi ts� t» Z Z a Z > y N Z t» to Z t» tsx ~ Q C7 > w o ~ Q C7 a o b" N J W 7 U J U) j Q W LL a w LL H H w :: c °) v o w ` 0 �yy C. 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ALTERNATIVES,MODIFICATIONS,AND/OR SUBSTITUTIONS The description of the Eligible Improvements, as set forth herein, is general in nature. The final description, specifications, location, and costs of improvements and facilities will be determined upon the preparation of final plans and specifications and completion of the improvements. The final plans may show substitutes, in lieu or modifications to the Eligible Improvements in order to accomplish the works of improvements, and any substitution, increase, or decrease to the amount of public improvements financed, including those funded by the Recycled Prepayments, shall not be a change or modification in the proceedings as long as (i) the allocation of the Eligible Improvement costs actually funded by SSA No. 2004-106, using the preceding methodology, is uniform for each land use within each Development Area and (ii) such allocation results in the same ratio of funded Eligible Improvements among the land use types, as shown in Section VII below. VI. BOND ASSUMPTIONS Total authorized bonded indebtedness is $16,000,000. Variable rate bonds in the approximate amount of$12,950,000 are anticipated to be issued in July 2004. Issuance costs are estimated to be approximately three and one-half percent(3.5%) of the principal amount of the bonds. The bond issue will include approximately two years of capitalized interest. In addition, $8,000,0001 in Recycled Prepayments may be applied toward funding additional public improvements. The final sizing of the bonds may be modified as appropriate to meet the objectives of the financing and prevailing bond market conditions. These modifications may include, but are not limited to, changes in the following: • Bond timing, phasing, and/or escrows; • Capitalized interest period; • Principal amortization (i.e.,bond term and annual debt service payment); • Reserve fund size and form; and • Coupon rates. The actual amount of public improvements funded by recycled Special Tax Bond Prepayments may also be modified. Therefore, the actual amount of public improvements financed by SSA No. 2004-106, may increase or decrease. A. BOND PAYOFF AND/OR CONVERSION TO FIXED RATE The Bonds may be prepaid at any time from Special Tax Prepayments computed pursuant to Exhibit D attached hereto. It is contemplated that an overlapping special service area or areas may be established ]The Recycled Prepayments amount is subject to change.The Recycled Prepayments will consist only of Special Tax Bond Prepayments received from Residential Property in the Central Grande Reserve. Special Tax Roll and Report page 42 City of Yorkville Special Service Area No. 2004-106 June 22,2004 to, in part, issue fixed rate bonds to payoff and refinance all or a portion of the Bonds. VII. MAXIMUM PARCEL SPECIAL TAX As mentioned previously, no Eligible Improvements for Neighborhood 4 (apartments), Neighborhood 5 (townhomes), School Property and the Clubhouse Property will be financed by SSA No. 2004-106. Therefore, these properties will not be subject to the special tax. The discussion that follows applies only to the remaining property. A. EQUIVALENT UNITS When multiple land uses are anticipated, the Maximum Parcel Special Tax is a function of the (i) relative amounts of the Eligible Improvement costs funded for such land uses and (ii) the associated Maximum Parcel Special Taxes required to pay debt service on the Bonds. In order to measure the relative difference in funded public improvement costs for each land use type, equivalent factors have been calculated for the Eligible Improvements to be funded by SSA No. 2004- 106. Single-family Dwelling Units are deemed the typical residential unit and are assigned an equivalent unit factor of 1.00. The equivalent unit factors for other land use types are computed as the ratio of the funded Eligible Improvements for such land use type to the funded Eligible Improvements for a single-family Dwelling Unit. Equivalent unit calculations are shown separately for each Development Area in Tables 28, 29, 30 on the following pages. Special Tax Roll and Report Page 43 City of Yorkville Special Service Area No.2004-106 June 22,2004 TABLE 28 SSA No.2004-106 TOTAL GRANDE RESERVE NORTH GRANDE RESERVE-EQUIVALENT UNITS FOR FUNDED COSTS BY LAND USE Equivalent Total Funded Unit Dwelling Equivalent Land Use Costs Factor Units Units (1) Single-family Property-Typical(per DU) $0 0.000 NA NA (2) Single-family Property-Age-Targeted(per DU) $3,319 1.000 290 290.000 (3) Duplex Property(per DU) $3,944 1.188 126 149.729 (4) Townhome Property(per DU) $3,503 1.055 245 258.597 (5) Apartments(per DU) $0 0.000 NA 0.000 (6) School Property(per school) $0 0.000 NA 0.000 (7) Clubhouse Property(per clubhouse) $0 0.000 NA 0.000 Grand Total 661 698.326 TABLE 29 SSA No.2004-106 TOTAL GRANDE RESERVE CENTRAL GRANDE RESERVE EQUIVALENT UNITS FOR FUNDED COSTS BY LAND USE Equivalent Total Funded Unit Dwelling Equivalent Land Use Costs Factor Units Units (1) Single-family Property-Typical(per DU) $15,728 1.000 723 723.000 (2) Single-family Property-Age-Targeted(per DU) $0 0.000 NA 0.000 (3) Duplex Property(per DU) $6,672 0.424 224 95.028 (4) Townhome Property(per DU) $7,223 0.459 298 136.863 (5) Apartments(per DU) $0 0.000 NA 0.000 (6) School Property(per school) $0 0.000 NA 0.000 (7) Clubhouse Property(per clubhouse) $0 0.000 NA 0.000 Grand Total 1 245 954.891 TABLE 30 SSA No.2004-106 TOTAL GRANDE RESERVE SOUTH GRANDE RESERVE-EQUIVALENT UNITS FOR FUNDED COSTS BY LAND USE Equivalent Total Funded Unit Dwelling Equivalent Land Use Costs Factor Units Units (1) Single-family Property Typical(per DU) $4,602 1.000 276 276.000 (2) Single-family Property-Age-Targeted(per DU) $0 0.000 NA 0.000 (3) Duplex Property(per DU) $0 0.000 NA 0.000 (4) Townhome Property(per DU) $0 0.000 NA 0.000 (5) Apartments(per DU) $0 0.000 NA 0.000 (6) School Property(per school) $0 0.000 NA 0.000 (7) Clubhouse Property(per clubhouse) $0 0.000 NA 0.000 Grand Total 276 276.000 B. MAXIMUM PARCEL SPECIAL TAX CALCULATION The Maximum Parcel Special Tax amounts are derived from the required Maximum Parcel Special Taxes for each Development Area, which are equal to each respective Development Area's share of the sum of the estimated (i) maximum annual interest and principal payments on the Bonds, net of projected earnings on the reserve fund and (ii) estimated Administrative Expenses. The Maximum Parcel Special Tax for each Development Area is computed in two steps. First, the Maximum Parcel Special Tax per equivalent unit is calculated. Then, that amount is multiplied by the applicable equivalent unit factor for each land use. Therefore, the Maximum Parcel Special Taxes are weighted in proportion to the allocation of funded Eligible Improvements as shown in Section V, and consequently the amount of the Maximum Parcel Special Tax bears a rational relationship to the benefit that the special services render to each Parcel within SSA No. 2004-106 as required pursuant to the Act. These calculations are shown in Tables 31 and 32 on the following pages. Special Tax Roll and Report Page 45 City of Yorkville Special Service Area No.2004-106 June 22,2004 TABLE 31 SSA No. 2004-106 TOTAL GRANDE RESERVE MAXIMUM PARCEL SPECIAL TAX PER EQUIVALENT UNIT Maximum Required Parcel Maximum Special Tax Parcel Total Per Special Equivalent Equivalent Development Area Taxes Units Unit 1 North Grande Reserve $265,284 7698.326 $380 Central Grande Reserve $1,589,336 954.891 $1,664 South Grande Reserve $145,380 276.000 $527 [1] Maximum Parcel Special Taxes divided by total equivalent units. ° L Iecu a z k 7 k z $ J2O) G e � ® � 2 \ \ m § k k k $k k LL ■J e .22 2 / E -Co cu w . a8 � I / kk z z k ■ CL J § 7@ R _ 9 0 0 - < < < < M � �/ 7 2 ( 2 2 2 _ e \ § ) 8 < 4 2 < < < f= _R z # # z 2 z d o Cc w . > k k . �. . } � � ; 7 ƒ < f ƒ < < < 0: ms � s � z z z z W@ §. e a w � . a Q & 9 2 w U) @ C,4 3 ■ � . ko �� ks = - S \ § } 2 < 9 m � / \ $ k / k k « CL / cn s..■ / § / < S 2 G S < < 2 § 5 D . z g g o z z . o L 6 LU o E ; 2 z ; @e 2 E07; < S g S < < < 2 j Q 2 2 z z 2 ■ U) J . . M � k ° - k § § 7 � t CM< 0 7 C. ¥ m - cl \ / 2 k k 5 £ a C f 2 t p \ 1 E E | e © a e e � k / 5 § E CL § 6 k / E 7 £ 2 4 _ a 2 m 3 § J e \ 3 $ < / O C. APPLICATION The Maximum Parcel Special Tax for a Parcel of Residential Property which is not located within a Final Plat shall be calculated by multiplying the number of expected Dwelling Units for such Parcel, as determined from the Concept Plan or Preliminary Plat in effect as of the September 30 preceding the Calendar Year for which the Special Tax is being extended, by the applicable Maximum Parcel Special Tax shown in Table 32 above. D. TERM The Maximum Parcel Special Tax shall not be levied after Calendar Year 2032 (to be collected in Calendar Year 2033). E. SPECIAL TAX ROLL AMENDMENT Each,Calendar Year, in conjunction with the abatement ordinance adopted by the City, the City shall amend the Special Tax Roll to reflect the Maximum Parcel Special Tax applicable to any new Parcels established by the County. The amended Special Tax Roll shall be recorded with the County. F. OPTIONAL PREPAYMENT The Maximum Parcel Special Tax for any Parcel may be prepaid and the obligation of the Parcel to pay the Maximum Parcel Special Tax permanently satisfied pursuant to Section A of Exhibit D attached hereto, provided that a prepayment may be made only if there are no delinquent Special Taxes with respect to such Parcel at the time of prepayment. The Maximum Parcel Special Tax may also be prepaid in part, provided that proceeds for any such prepayment are sufficient to permit the redemption of Bonds in such amounts and maturities deemed necessary by the Administrator and in accordance with the Bond Indenture. An owner of a Parcel intending to prepay the Maximum Parcel Special Tax, either partially or in full, shall provide the City with written notice of intent to prepay. Within 30 days of receipt of such written notice, the City or its designee shall notify such owner of the amount of the Special Tax Bond Prepayment or the Partial Special Tax Bond Prepayment, as applicable, for such Parcel and the date through which the such amount shall be valid. G. MANDATORY PREPAYMENT If at any time the Administrator determines that there has been or will be a reduction in the Maximum Parcel Special Taxes as a result of an amendment to the Concept Plan, Preliminary Plat, Final Plat, or other event which reduces the anticipated number of Dwelling Units shown below in Table 33 below, then a Mandatory Special Tax Prepayment shall be calculated pursuant to Section B of Exhibit D attached hereto. As required under the Bond Indenture, the City may Special Tax Roll and Report Page 48 City of Yorkville Special Service Area No.2004-106 June 22,2004 adopt a supplemental ordinance to provide for the levy of the Mandatory Special Tax Prepayment. TABLE 33 SSA No.2004-106 TOTAL GRANDE RESERVE PROJECTED DWELLING UNITS DWELLING DEVELOPMENT AREA UNITS North Grande Reserve North Sinale-farnily Property 290 North Du lex Property 126 North Townhome Property 245 Central Grande Reserve' Central Single-family Property 723 Central Duplex Property 224 Central Townhome Propeqy 298 South Grande Reserve South Single-family Pro e 276 'Dwelling Unit counts exclude Neighborhood 4(apartments) and Neighborhood 5(townhomes). VIII. ABATEMENT METHODOLOGY AND COLLECTION A. ABATEMENT METHODOLOGY On or before the last Tuesday of December of each Calendar Year, commencing with Calendar Year 2005 and for each following Calendar Year, the City or its designee shall calculate a projected Special Tax Requirement for the immediately succeeding year. Each month the City or its designee shall adjust the projected Special Tax Requirement to reflect actual obligations payable from the Maximum Parcel Special Tax. The Special Tax shall be levied on each Parcel of Residential Property subject to the special tax proportionately up to 100% of the applicable Maximum Parcel Special Tax until the amount of the levy equals the adjusted Special Tax Requirement. B. COLLECTION PROCESS The Special Tax shall be billed directly to and collected from the owner(s) of the Residential Property by the City or its designee. It is anticipated that the Special Tax will be billed and collected on a monthly basis to coincide with the interest payments on the Bonds. The lien and foreclosure remedies provided for in Article 9 of the Illinois Municipal Code shall apply upon the nonpayment of the Maximum Parcel Special Tax levied against any Parcel. The Council may Special Tax Roll and Report Page 49 City of Yorkville Special Service Area No.2004-106 Tune 22,2004 provided for other means of collecting the Special Tax, if necessary to meet the financial obligations of SSA No. 2004-106. The Mandatory Special Tax Prepayment shall be due prior to any development approval, subdivision of land, conveyance, or other action that results in a reduction in the Maximum Parcel Special Taxes. The Mandatory Special Tax Prepayment shall be levied against the property on which the reduction has or will occur. The Mandatory Special Tax Prepayment shall have the same sale and lien priorities as are provided for regular property taxes. A Mandatory Special Tax Prepayment shall not reduce the Maximum Parcel Special Tax for any Parcel. C. ADMINISTRATIVE REVIEW Any owner of a Parcel claiming that a calculation error has been made in the amount of the Special Tax applicable to such Parcel for any Calendar Year may send a written notice describing the error to the Administrator not later than thirty (30) days after having paid the Special Tax which is alleged to be in error. The Administrator shall promptly review the notice, and if necessary, meet with the property owner, consider written and oral evidence regarding the alleged error, and decide whether, in fact, such an error occurred. If the Administrator determines that an error did in fact occur and the Special Tax should be modified or changed in favor of the property owner, an adjustment shall be made in the amount of the Special Tax applicable to such Parcel in the next Calendar Year. Cash refunds shall only be made in the final Calendar Year for the Special Tax. The decision of the Administrator regarding any error in respect to the Special Tax shall be final. IX. AMENDMENTS This Report may be amended by ordinance of the City and, to the maximum extent permitted by the Act, such amendments may be made without further notice under the Act and without notice to owners of property within SSA No. 2004-106 in order to (i) clarify or correct minor inconsistencies in the matters set forth herein, (ii) provide for lawful procedures for the collection and enforcement of the Special Tax so as to assure the efficient collection of the Special Tax for the benefit of the owners of the Bonds, (iii) otherwise improve the ability of the City to fulfill its obligations to levy, extend, and collect the Special Tax and to make it available for the payment of the Bonds and Administrative Expenses, and (iv) make any change deemed necessary or advisable by the City, provided such change is not detrimental to the owners of property subject to the Maximum Parcel Special Tax. No such amendment shall be approved by the Council if it violates any other agreement binding upon the City and unless and until it has (i) found and determined that the amendment is necessary and appropriate and does not materially adversely affect the rights of the owners of the Bonds or the City has obtained the consent of one hundred percent (100.00%) of the owners of the Bonds and (ii) received an opinion of a nationally recognized bond counsel to the effect that the amendment does not violate the Act, and is authorized pursuant to the terms of the Bond Indenture and this Report. K:\Clients2\Yorkville\Grande Reserve\SSA Report\Variable SSA\Grande Reserve Variable SSA Report 6.doe Special Tax Roll and Report Page 50 City of Yorkville Special Service Area No.2004-106 June 22,2004 EXHIBIT A PUBLIC USAGE FACTORS BY DEVELOPMENT AREA Exhibit A-1 SSA No.2004-106 TOTAL GRANDE RESERVE P.E.AND EQUIVALENT UNITS BY DEVELOPMENT AREA Count Total Dwelling Total Equivalent Equivalent Land Use Units Students Em to ees P.E.Factor P.E. 1 Unit 2 Units r3j,[41j North Grande Reserve (1) Single-family Property(per DU) 290 NA NA 3.50 1,015.00 1.000 290.000 (2) Duplex Property(per DU) 126 NA NA 3.00 378.00 0.857 108.000 (3) Town home Property(per DU) 409 NA NA 3.00 1,227.00 0.857 350.571 (4) Apartments(per DU) 300 NA NA 1.80 540.00 0.514 154.286 Total for North Grande Reserve[41 1 1,125 0 0 NA 3160.00 1 NA 902.857 Central Grande Reserve (1) Single-family Property(per DU) 723 NA NA 3.50 2,530.50 1.000 723.000 (2) Duplex Property(per DU) 224 NA NA 3.00 672.00 0.857 192.000 (3) Townhome Property(per DU) 298 NA NA 3.00 894.00 0.857 255.429 School Property 46.429 46.429 (4) (Per Student) NA 600 NA 0.25 150.00 (5) (Per Employee) NA NA 50 0.25 12.50 (6) Clubhouse(per Clubhouse) NA NA NA 22.50 22.50 6.429 6.429 Total for Central Grande Reserve 4 1,245 600 50 NA 4,281.50 NA 1,223.29- South Grande Reserve (1) Single-family Property(per DU) 276 NA NA 3.50 966.00 1.000 276.000 Total for South Grande Reserve[41 276 0 0 NA 966.00 NA 276.000 GRAND TOTAL FOR TOTAL GRANDE RESERVE[4] 2,646 600 50 NA 8,407.50 NA 2,402.143 [1] P.E.factor multiplied by applicable number of dwelling units,students,employees. [2] Equivalent units for land uses 1-4 in North Grande Reserve,1-3 in Central Grande Reserve,and 1 in South Grande Reserve computed by dividing P.E.factor for each such land use by P.E.factor for single-family land use.Equivalent units for land uses 4 plus 5 and 6 in Central Grande Reserve computed by dividing total P.E.by P.E.factor for single-family land use. [3] Equivalent unit factor multiplied by applicable number of dwelling units,schools,or clubhouses. [4] Calculations may vary slightly due to rounding. EXHIBIT A-2 SSA No.2004-106 j TOTAL GRANDE RESERVE 1 AVERAGE WEEKDAY TRIPS AND EQUIVALENT UNITS BY DEVELOPMENT AREA Count Average Total Total Dwelling Weekday Weekday Equivalent Equivalent Land Use Units Students Em to ees Trip Factor Tri s 1 Unit[21 Units 3 4 North Grande Reserve (1) Single-family Property-Age Targeted(per DU) 290 NA NA 2.76 800.40 0.288 83.636 (2) Duplex Property(per DU) 126 NA NA 8.20 1,033.20 0.857 107.962 (3) Town home Property(per DU) 409 NA NA 5.86 2,396.74 0.612 250.443 (4) Apartments(per DU) 300 NA NA 6.59 1,977.00 0.689 206.583 Total for North Grande Reserve 4 1,125 0 0 NA 6,207.34 1 NA 648.625 Central Grande Reserve (1) Single-family Property-Typical(per DU) 723 NA NA 9.57 6,919.11 1.000 723.000 (2) Duplex Property(per DU) 224 NA NA 8.20 1,836.80 0.857 191.933 (3) Townhome Property(per DU) 298 NA NA 5.86 1,746.28 0.612 182.474 School Property 63.950 63.950 (4) (Per Student) NA 600 NA 1.02 612.00 (5) (Per Employee) NA NA 50 NA NA (6) Clubhouse(per Clubhouse) NA NA NA 90.00 90.00 9.404 9.404 Total for Central Grande Reserve[41 1,245 600 50 NA 11 204.19 NA 1,170.762 South Grande Reserve (1) Single-family Property(per DU) 276 NA NA 9.57 2,641.32 1.00 276.00 Total for South Grande Reserve 4 276 0 0 NA 2,641.32 NA 276.00 GRAND TOTAL FOR TOTAL GRANDE RESERVE[4] 2,646 600 50 NA 20,052.85 NA 2,095.39 [1] Average weekday trip factor multiplied by applicable number of dwelling units,students,employees. [2] Equivalent units for land uses 1-4 in North Grande Reserve,1-3 in Central Grande Reserve,and 1 in South Grande Reserve computed by dividing average weekday trip factor for each such land use by average weekday trip factor for typical single-family home.Equivalent units for land uses 4 and 6 in Central Grande Reserve computed by dividing total weekday trips by the average trips for the typical single-family land home. [3] Equivalent unit factor multiplied by applicable number of dwelling units,schools,or clubhouses. [4] Calculations may vary slightly due to rounding. ] EXHIBIT A-3 SSA No.2004-106 TOTAL GRANDE RESERVE I IMPERVIOUS AREA AND EQUIVALENT UNITS BY DEVELOPMENT AREA Impervious Area[1] Total Dwelling Coverage Equivalent Equivalent Land Use Units Density Acres Factor Per DU Total Unit Units 9 4 North Grande Reserve (1) Single-family Property-Age Targeted(per DU) 290 3.29 NA 30.0% 3,970 1,151,291 0.780 226.331 (2) Duplex Property(per DU) 126 5.47 NA 38.0% 3,024 381,082 0.595 74.916 (3) Townhome Property(per DU) 409 8.36 NA 65.0% 3,385 1,384,603 0.666 272.198 (4) Apartments(per DU) 300 15.96 NA 85.0% 2,320 695,977 0.456 136.822 Total for North Grande Reserve 4 1,125 NA NA NA NA NA NA 710.267 Central Grande Reserve (1) Single-family Property-Typical(per DU) 723 2.57 NA 30.0% 5,087 NA 1.000 723.000 (2) Duplex Property(per DU) 224 5.47 NA 38.0% 3,024 NA 0.595 133.185 (3) Townhome Property(per DU) 298 8.36 NA 65.0% 3,385 NA 0.666 198.325 (4) School Property(per School) NA NA 12.0 33.3% NA 174,240 34.254 34.254 (5) Clubhouse(per Clubhouse) NA NA 4.51 52.8% NA 103,729 20.392 20.392 Total for Central Grande Reserve 4 1,245 NA NA NA NA NA NA 1,109.155 South Grande Reserve (1) Single-family Property-Typical(perDU) 276 2.57 NA 30.0% 5,087 1,403,944 1.000 276.000 Total for South Grande Reserve 4 276 NA NA NA NA NA NA 276.000 GRAND TOTAL FOR TOTAL GRANDE RESERVE[4] 2,646 NA NA NA NA NA NA 2,095.422 [1] Impervious area per dwelling unit for land uses 1-4 in North Grande Reserve,1-3 in Central Grande Reserve,and 1 in South Grande Reserve computed by multiplying coverage factor by 43,560(square feet in an acre)and then dividing by density.Total impervious area for land uses 4 and 5 in Central Grande Reserve computed by multiplying coverage factor by total land square footage(43,560 multiplied by acres). [2] Equivalent units for land uses 1-4 in North Grande Reserve,1-3 in Central Grande Reserve,and 1 in South Grande Reserve computed by dividing impervious area for each such land use by impervious area for typical single-family home.Equivalent units for land uses 4 and 5 in Central Grande Reserve computed by dividing total impervious area by impervious area for the typical single-family land home. [3] Equivalent unit factor multiplied by applicable number of dwelling units,schools,or clubhouses. [4] Calculations may vary slightly due to rounding. Exhibit A-4 1 SSA No. 2004-106 TOTAL GRANDE RESERVE HOUSEHOLD POPULATION AND EQUIVALENT UNITS BY DEVELOPMENT AREA Total Dwelling Household Equivalent Equivalent Land Use Units Size Unit 1 Units 2 3 North Grande Reserve (1) Single-family Property (per DU) 290 3.50 1.000 290.000 (2) Duplex Property (per DU) 126 3.00 0.857 108.000 (3) Townhome Property(per DU) 409 3.00 0.857 350.571 (4) Apartments (per DU) 300 1.80 0.514 154.286 Total for North Grande Reserve [31 1,125 NA NA 902.857 Central Grande Reserve (1) Single-family Property (per DU) 723 3.50 1.000 723.000 (2) Duplex Property (per DU) 224 3.00 0.857 192.000 (3) Townhome Property (per DU) 298 3.00 0.857 255.429 Total for Central Grande Reserve [31 1,245 NA NA 1 170.429 South Grande Reserve (1) Single-family Property (per DU) 276 3.50 1.000 276.000 Total for South Grande Reserve 3 276 NA NA 276.000 GRAND TOTAL FOR TOTAL GRANDE RESERVE [3] i 2,646 NA NA 2,349.286 1 [1] Equivalent units computed by dividing household size for each such land use by household size for a single-family home. [2] Equivalent unit factor multiplied by applicable number of dwelling units,schools,or clubhouses. [3] Calculations may vary slightly due to rounding. EXHIBIT B COST ESTIMATE SUMMARY FOR THE YORKVILLE GRANDE RESERVE PROJECT EXHIBITS-1 BREAKDOWN OF COST ESTIMATE FOR NORTH GRANDE RESERVE 1 I NBH 1 NBH 2 NBH 3&5 NBH 4 1 COMMERCIAL I 1IMPROVEMENTS TOTAL SFH DUP THM APT PROPERTY MASTER PLANNED IMPROVEMENTS ROADS BRISTOL $197,096 $25,414 $32,806 $76,102. $62,774 $0 KENNEDY $631,728 $81,458 $105,150 $243,919 $201,201 $0 MILL $340,668 $43,927 $56,704 $131,537 $108,501 $0 GALENA $168,618 $21,742 $28,066 $65,106 $53,704 $0 STATE ROUTE 34 $211,112 $27,222 $35,139 $81,513 $67,238 $0 SUBTOTAL MASTER PLANNED ROAD $1,549,222 $199,763 $257,865 $598,176 $493,418 $0 WATER WATER TOWER $671,145 $212,547 $79,155 $256,941 $113,079 $9,423 TWO WELLS $513,786 $162,712 $60,596 $196,697 $86,566 $7,214 WELL HOUSE&TREATMENT $1,235,740 $391,350 $145,744 $473,090 $208,206 $17,350 GALENA ROAD WATERMAIN $244,570 $77,453 $28,645 $93,631 $41,207 $3,434 STATE ROUTE 34 WATERMAIN $189,589 $60,041 $22,360 $72,582 $31,943 $2,662 WATERMAIN BETWEEN WELLS $170,630 $54,037 $20,124 $65,324 $26,749 $2,396 ENGINEERING AND SURVEY TESTING $341,260 $108,075 $40,248 $130,648 $57,498 $4,791 LESS ESTIMATED RECAPTURE ($803,629) ($254,504) ($94,781) ($307,661 ($135,401) ($11,283 SUBTOTAL MASTER PLANNED WATER $2,563,090 $811,712 $302,293 $981,252 $431,847 $35,987 COMMUNITY IMPROVEMENTS SANITARY SEWER ROAD ASSOCIATED $57,998 $18,629 $6,938 $22,520 $9,911 $0 LIFT STATION $0 $0 $0 $0 $0 $0 SUBTOTAL COMMUNITY SEWER $57,998 $18,629 $6,938 $22,520 $9,911 $0 WATER ROAD ASSOCIATED $57,998 $18,629 $6,938 $22,520 $9,911 $0 GALENA WATER MAIN $109,659 $34,728 $12,933 $41,982 $18,476 $1,540 STATE ROUTE 34 WATER MAIN $109,659 $34,728 $12,933 $41,982 $18,476 $1,540 ` SUBTOTAL COMMUNITY WATER $277,315 $88,085 $32,804 $106,483 $46,863 $3,079 / STORM SEWER ROADASSOCIATED $57,998 $18,629 $6,938 $22,520 $9,911 $0 STORM SEWER MAIN $0 $0 $0 $0 $0 $0 STORM WATER DETENTION(EARTHWORK) $1,231,904 $392,556 $129,937 $472,108 $237,303 $0 STORM WATER MANAGEMENT $0 $0 $0 $0 $0 $0 SUBTOTAL COMMUNITY STORM SEWER $1,289,902 $411,185 $136,875 $494,628 $247,214 $0 ROADS COLLECTOR ROADS $1,499;999 $193,416 $249,672 $579,170 $477,740 $0 EARTHWORK $202,762 $26,145 $33,749 $78,289 $64,578 $0 RIGHT OF WAY $0 $0 $0 $0 $0 $0 SUBTOTAL COMMUNITY ROADS $1,702,761 $219,561 $283,421 $657,459 $542,319 $0 PARKS $1,073,375 $344,771 $128,397 $416,782 $183,425 $0 SUBTOTAL COMMUNITY PARKS $1,073,375 $344,771 $128,397 $416,782 $183,425 $0 NEIGHBORHOOD IMPROVEMENTS SANITARY SEWER $2,403,884 $957,000 $289,800 $899,800 $257,284 $0 WATER $2,426,320 $957,000 $289,800 $899,800 $279,720 $0 STORM SEWER $1,971,042 $957,000 $201,600 $572,600 $239,842 $0 ROADS $3,818,723 $1,450,000 $500,850 $1,083,850 $784,023 $0 SUBTOTAL NEIGHBORHOOD IMPROVEMENTS $10,619,969 $4,321,000 $1,282,050 $3,456,050 $1,560,869 $0 SOFT COSTS CONSTRUCTION MANAGEMENT $419,913 $140,927 $53,429 $147,211 $77,313 $1,033 PRELIMINARY ENGINEERING $34,660 $11,632 $4,410 $12,151 $6,381 $85 FINAL ENGINEERING $429,885 $109,051 $53,593 $167,721 $98,770 $751 VILLAGE ENGINEER REVIEW FEES $186,633 $62,636 $23,747 $65,429 $34,362 $459 OTHER PERMIT FEES $80,392 $26,980 $10,229 $28,183 $14,802 $198 TORNADO SIREN $29,919 $9,610 $3,579 $11,617 $5,113 $0 _ SUBTOTAL SOFT COSTS $1,181,401 $360,836 $148,986 $432,312 $236,741 $2,526 GRAND TOTAL COSTS $20,315,031 $6,775,541 $2,579,629 $7,165,663 $3,752,606 $41,592 NUMBER OF UNITS 1,125 290 126 409 300 NA EXHIBIT B-2 BREAKDOWN OF COST ESTIMATE FOR CENTRAL GRANDE RESERVE NBH 6-7 NBH 8 NBH 9-16 SCHOOL CLUBHOUSE IMPROVEMENTS TOTAL THM DUP SFH PROPERTY PROPERTY MASTER PLANNED IMPROVEMENTS ROADS BRISTOL $355,757 $55,448 $58,322 $219,696 $19,432 $2,858 KENNEDY $1,140,262 $177,721 $186,933 $704,165 $62,284 $9,159 MILL $614,902 $95,838 $100,806 $379,731 $33,587 $4,939 GALENA $304,353 $47,436 $49,895 $187,952 $16,625 $2,445 STATE ROUTE 34 $381,056 $59,391 $62,470 $235,320 $20,814 $3,061 SUBTOTAL MASTER PLANNED ROAD $2,796,330 $435,835 $458,427 $1,726,864 $152,742 $22,462 WATER WATER TOWER $896,570 $187,209 $140,720 $529,901 $34,028 $4,712 TWO WELLS $586,357 $143,315 $107,727 $405,658 $26,050 $3,607 WELL HOUSE&TREATMENT $1,650,803 $344,696 $259,101 $975,676 $62,655 $8,675 GALENA ROAD WATERMAIN $326,716 $68,220 $51,280 $193,099 $12,400 $1,717 STATE ROUTE 34 WATERMAIN $253,268 $52,884 $39,752 $149,689 $9,613 $1,331 WATERMAIN BETWEEN WELLS $227,941 $47,595 $35,776 $134,720 $8,651 $1,198 ENGINEERING AND SURVEY TESTING $455,883 $95,191 $71,553 $269,441 $17,303 $2,396 LESS ESTIMATED RECAPTURE ($46,387) $0 $0 $0 ($40,746) ($5,642 SUBTOTAL MASTER PLANNED WATER $4,451,150 $939,110 $705,908 $2,658,185 $129,954 $17,994 COMMUNITY IMPROVEMENTS SANITARY SEWER ROAD ASSOCIATED $1,734,908 $362,258 $272,301 $1,025,384 $65,847 $9,117 LIFTSTATION $361,500 $75,483 $56,739 $213,658 $13,720 $1,900 SUBTOTAL COMMUNITY SEWER $2,096,408 $437,741 $329,040 $1,239,042 $79,567 $11,017 WATER ROAD ASSOCIATED $397,304 $82,959 $62,359 $234,819 $15,079 $2,088 GALENA WATER MAIN $146,491 $30,588 $22,992 $86,581 $5,560 $770. STATE ROUTE 34 WATER MAIN $146,491 $30,588 $22,992 $86,581 $5,560 $770 SUBTOTAL COMMUNITY WATER $690,286 $144,135 $108,343 $407,981 $26,199 $3,628 STORM SEWER ROAD ASSOCIATED $1,111,399 $198,736 $133,461 $724,497 $34,282 $20,423 STORM SEWER MAIN $361,498 $64,642 $43,410 $235,653 $11,151 $5,643 STORM WATER DETENTION(EARTHWORK) $3,925,070 $701,865 $471,336 $2,558,670 $121,072 $72,127 STORM WATER MANAGEMENT $2,527,500 $451,957 $303,511 $1,647,624 $77,963 $46,446 SUBTOTAL COMMUNITY STORM SEWER $7,925,468 $1,417,199 $951,717 $5,166,444 $244,468 $145,639 ROADS COLLECTOR ROADS $1,400,003 $218,204 $229,515 $864,567 $76,472 $11,246 EARTHWORK $142,772 $22,252 $23,406 $88,168 $7,799 $1,147 RIGHT OF WAY $455,914 $71,059 $74,742 $281,548 $24,903 $3,662 SUBTOTAL COMMUNITY ROADS $1,998,689 $311,515 $327,662 $1,234,284 $109,173 $16,055 PARKS $1,391,481 $303,670 $228,262 $859,549 $0 $0 SUBTOTAL COMMUNITY PARKS $1,391,481 $303,670 $228,262 $859,549 $0 $0 NEIGHBORHOOD IMPROVEMENTS SANITARYSEWER $3,701,300 $655,600 $515,200 $2,530,500 $0 $0 WATER $3,701,300 $655,600 $515,200 $2,530,500 $0 $0 STORM SEWER $3,306,100 $417,200 $358,400 $2,530,500 $0 $0 ROADS $5,250,503 $752,450 $756,000 $3,742,053 $0 $0 SUBTOTAL NEIGHBORHOOD IMPROVEMENTS $15,959,203 $2,480,850 $2,144,800 $11,333,553 $0 $0 SOFT COSTS CONSTRUCTION MANAGEMENT $737,341 $125,779 $103,741 $488,946 $15,023 $3,852 PRELIMINARY ENGINEERING $60,860 $10,382 $8,563 $40,358 $1,240 $318 FINAL ENGINEERING $529,382 $89,303 $100,362 $334,856 $4,110 $731 VILLAGE ENGINEER REVIEW FEES $327,717 $55,903 $46,109 $217,316 $6,677 $1,712 OTHER PERMIT FEES $141,163 $24,080 $19,861 $93,608 $2,876 $738 TORNADO SIREN $38,785 $8,464 $6,362 $23,959 $0 $0 SUBTOTAL SOFT COSTS $1,835,249 $313,911 $285,018 $1,199,042 $29,926 $7,351 GRAND TOTAL COSTS $39,144,264 $6,783,967 $5,539,178 $25,824,944 $772,030 $224,145 NUMBER OF UNITS 1,245 298 224 723 NA NA EXHIBIT B-3 BREAKDOWN OF COST ESTIMATE FOR SOUTH GRANDE RESERVE ` NBH 17-19 IMPROVEMENTS TOTAL SFH MASTER PLANNED IMPROVEMENTS ROADS BRISTOL $83,867 $83,867 KENNEDY $268,810 $268,810 MILL $144,960 $144,960 GALENA $71,749 $71,749 STATE ROUTE 34 $89,832 $89,832 -- SUBTOTAL MASTER PLANNED ROAD $659,218 $659,218 WATER WATER TOWER $202,286 $202,266 TWO WELLS $154,857 $154,857 WELL HOUSE&TREATMENT $372,457 $372,457 GALENA ROAD WATERMAIN $73,714 $73,714 STATE ROUTE 34 WATERMAIN $57,143 $57,143 WATERMAIN BETWEEN WELLS $51,429 $51,429 ENGINEERING AND SURVEY TESTING $102,857 $102,857 LESS ESTIMATED RECAPTURE ($242,217 ($242,217 SUBTOTAL MASTER PLANNED WATER $772,526 $772,526 COMMUNITY IMPROVEMENTS SANITARY SEWER ROAD ASSOCIATED $0 $0 LIFTSTATION $0 $0 ... .. -. ------------ SUBTOTAL COMMUNITY SEWER $0 $0 WATER ROAD ASSOCIATED $0 $0 GALENA WATER MAIN $33,052 $33,052 STATE ROUTE 34 WATER MAIN $33,052 $33,052 SUBTOTAL COMMUNITY WATER $66,103 $66,103 STORM SEWER ROAD ASSOCIATED $0 $0 STORM SEWER MAIN $0 $0 STORM WATER DETENTION(EARTHWORK) $606,591 $606,591 STORM WATER MANAGEMENT $0 $0 SUBTOTAL COMMUNITY STORM SEWER $606,591 $606,591 ROADS COLLECTOR ROADS $300,000 $300,000 EARTHWORK $0 $0 RIGHT OF WAY $0 $0 SUBTOTAL COMMUNITY ROADS $300,000 -$300,000 PARKS $328,127 $328,127 -•.......... SUBTOTAL COMMUNITY PARKS $328,127 $328,127 NEIGHBORHOOD IMPROVEMENTS SANITARY SEWER $966,000 $966,000 WATER $966,000 $966,000 STORM SEWER $966,000 $966,000 ROADS $1,427,602 $1,427,602 SUBTOTAL NEIGHBORHOOD IMPROVEMENTS $4,325,602 $4,325,602 SOFT COSTS CONSTRUCTION MANAGEMENT $155,731 $155,731 PRELIMINARY ENGINEERING $12,854 $12,854 FINAL ENGINEERING $109,463 $109,463 VILLAGE ENGINEER REVIEW FEES $69,216 $69,216 OTHER PERMIT FEES $29,815 $29,815 TORNADO SIREN $9,146 $9,146 SUBTOTAL SOFT COSTS $386,224 $386,224 GRAND TOTAL COSTS $7,444,390 $7,444,390 NUMBER OF UNITS 276 276 EXHIBIT C SPECIAL TAx ROLL UNITED CITY OFYORKVILLE SSA No.2004-106 TOTAL GRANDE RESERVE SPECIAL TAX ROLL CALENDAR YEAR 2005 THROUGH CALENDAR YEAR 2032 NORTH GRANDE RESERVE Maximum Parcel Permanent Index Number Special Tax Per 02-11-276-002 02-11-400-002 02-11-400-002 Levied Dwelling Unit Single-family Duplex Townhome Calendar Single-family Duplex Townhome Property Property Property Year Proper Property EEQperty Property 290 126 245 2005 $380 $451 $401 $110,171 $56,883 $98,233 2006 $380 $451 $401 $110,171 $56,883 $98,233 2007 $380 $451 $401 $110,171 $56,883 $98,233 2008 $380 $451 $401 $110,171 $56,883 $98,233 2009 $380 $451 $401 $110,171 $56,883 $98,233 2010 $380 $451 $401 $110,171 $56,883 $98,233 2011 $380 $451 $401 $110,171 $56,883 $98,233 2012 $380 $451 $401 $110,171 $56,883 $98,233 2013 $380 $451 $401 $110,171 $56,883 $98,233 2014 $380 $451 $401 $110,171 $56,883 $98,233 2015 $380 $451 $401 $110,171 $56,883 $98,233 2016 $380 $451 $401 $110,171 $56,883 $98,233 2017 $380 $451 $401 $110,171 $56,883 $98,233 2018 $380 $451 $401 $110,171 $56,883 $98,233 2019 $380 $451 $401 $110,171 $56,883 $98,233 2020 $380 $451 $401 $110,171 $56,883 $98,233 2021 $380 $451 $401 $110,171 $56,883 $98,233 2022 $380 $451 $401 $110,171 $56,883 $98,233 2023 $380 $451 $401 $110,171 $56,883 $98,233 2024 $380 $451 $401 $110,171 $56,883 $98,233 2025 $380 $451 $401 $110,171 $56,883 $98,233 2026 $380 $451 $401 $110,171 $56,883 $98,233 2027 $380 $451 $401 $110,171 $56,883 $98,233 2028 $380 $451 $401 $110,171 $56,883 $98,233 2029 $380 $451 $401 $110,171 $56,883 $98,233 2030 $380 $451 $401 $110,171 $56,883 $98,233 2031 $380 $451 $401 $110,171 $56,883 $98,233 2032 $380 $451 $401 $110,171 $56,883 $98,233 Page 1 of 4 UNITED CITY OF YORKVILLE SSA No.2004-106 TOTAL GRANDE RESERVE SPECIAL TAX ROLL CALENDAR YEAR 2005 THROUGH CALENDAR YEAR 2032 CENTRAL GRANDE RESERVE Maximum Parcel Special Tax Per Permanent Index Number Levied Dwelling Unit Single-family Property Calendar Single-family Duplex Townhome 02-14-100-007 02-14-100-009 02-14-201-001 02-14-352-001 02-23-126-001 02-23-201-001 Year Property Propedy Pro e _ 238 173 3$_ 617 i87 23 $7 2005 $1,664 06 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2006 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2007 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2008 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2009 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2010 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2011 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2012 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2013 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2014 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2015 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2016 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2017 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2018 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2019 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2020 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2021 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2022 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2023 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2024 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2025 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2026 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2027 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2028 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2029 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2030 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2031 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 2032 $1,664 $706 $764 $396,127 $287,941 $58,254 $111,515 $311,243 $38,281 I Page 2 of 4 UNITED ITY OF YORKVILLE SSA No.2004-106 TOTAL GRANDE RESERVE SPECIAL TAX ROLL CALENDAR YEAR 2005 THROUGH CALENDAR YEAR 2032 CENTRAL GRANDE RESERVE Maximum Parcel Special Tax Per Permanent Index Number Levied Dwelling Unit Duplex Property Townhome Property Calendar Single-family Duplex Townhome 02-11-400-005 02-14-201-001 02-100-007 02-14-201-001 Year Property Propetly Property 26 198 1_56 142 2005 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2006 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2007 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2008 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2009 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2010 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2011 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2012 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2013 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2014 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2015 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2016 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2017 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2018 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2019 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2020 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2021 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2022 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2023 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2024 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2025 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2026 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2027 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2028 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2029 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2030 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 2031 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 l 2032 $1,664 $706 $764 $18,359 $139,808 $119,246 $108,545 Page 3 of 4 UNITED CITY OF YORKVILLE SSA No.2004-106 TOTAL GRANDE RESERVE SPECIAL TAX ROLL. CALENDAR YEAR 2005 THROUGH CALENDAR YEAR 203 SOUTH GRANDE RESERVE Maximum Parcel Permanent Special Tax Per Index Number Levied Dwelling Unit 02-22-276-001 Calendar Single-family Single-family Property Year Pr &tv 276 _ 2005 $527 $145,383 2006 $527 $145,383 2007 $527 $145,383 2008 $527 $145,383 2009 $527 $145,383 2010 $527 $145,383 2011 $527 $145,383 2012 $527 $145,383 2013 $527 $145,383 2014 $527 $145,383 2015 $527 $145,383 2016 $527 $145,383 2017 $527 $145,383 2018 $527 $145,383 2019 $527 $145,383 2020 $527 $145,383 2021 $527 $145,383 2022 $527 $145,383 2023 $527 $145,383 2024 $527 $145,383 2025 $527 $145,383 2026 $527 $145,383 2027 $527 $145,383 2028 $527 $145,383 2029 $527 $145,383 2030 $527 $145,383 2031 $527 $145,383 2032 $527 $145,383 i Page 4 of 4 EXHIBIT D PREPAYMENT OF MAXIMUM PARCEL SPECIAL TAX UNITED CITY OF YORKVILLE SPECIAL SERVICE AREA NO. 2004-106 PREPAYMENT FORMULA All capitalized terms not defined in this Exhibit D shall have the meaning given to such terms in the Report. A. OPTIONAL PREPAYMENT OF THE MAXIMUM PARCEL SPECIAL TAX Pursuant to Section VII.F of the Report, the Maximum Parcel Special Tax may be prepaid and permanently satisfied under the conditions set forth therein. The Special Tax Bond Prepayment is calculated as follows. 1. Special Tax Bond Prepayment Subsequent to the issuance of the Bonds, the Special Tax Bond Prepayment for a Parcel means an amount equal to (a) the sum of(1) Principal, (2) Premium, (3) Recycled Amount, (4) Defeasance, and (5) Fees where the terms 'Principal," "Premium," "Recycled Amount," "Defeasance," and 'Tees" have the following meanings: "Principal" means the principal amount of Bonds to be redeemed and equals the quotient derived by dividing (a) the then current Calendar Year Maximum Parcel Special Tax for the Parcel intending to prepay by (b) the corresponding Calendar Year Maximum Parcel Special Taxes for SSA No. 2004-106, (and excluding from (b) that portion of the Maximum Parcel Special Tax for any Parcel(s) that has been prepaid), and multiplying the quotient by the principal amount of outstanding Bonds. "Premium" means an amount equal to the Principal multiplied by the applicable redemption premium, if any, for any Bonds so redeemed with the proceeds of any such prepayment. Any applicable redemption premium shall be as set forth in the Bond Indenture. "Recycled Amount" means an amount applicable to Residential Property in the Central Grande Reserve and equals the quotient derived by dividing (a) the then current Calendar Year Maximum Parcel Special Tax for the Parcel intending to prepay by (b) the corresponding Calendar Year Maximum Parcel Special Taxes for the Central Grande Reserve, (and excluding from (b) that portion of the Maximum Parcel Special Tax for any Parcel(s) in the Central Grande Reserve that has been prepaid), and multiplying the quotient by the amount of Recycled Prepayments to be used to fund additional Eligible Improvements shown in Section VI, as may be amended. D-1 "Defeasance" means the amount needed to pay interest on the Principal to be redeemed until the earliest redemption date for the outstanding Bonds less for any Special Tax heretofore paid and which has not been or will not be used for the Special Tax Requirement. "Fees" equal the expenses of SSA No. 2004-106 associated with the Special Tax Bond Prepayment as calculated by the City or its designee and include, but are not limited to, the costs of computing the Special Tax Bond Prepayment, the costs of redeeming the Bonds, and the costs of recording and publishing any notices to evidence the Special Tax Bond Prepayment and the redemption of Bonds. The amount of any Partial Special Tax Bond Prepayment shall be computed pursuant to the preceding prepayment formula by substituting the portion of the Maximum Parcel Special Tax to be prepaid for the Maximum Parcel Special Tax when computing Principal. The amount of any Special Tax Bond Prepayment or Partial Special Tax Bond Prepayment computed pursuant to this Section A.1 shall not exceed the Bonds plus any Premium, Recycled Amount, Defeasance, and Fees as such terms are defined herein. B. MANDATORY PREPAYMENT Pursuant to Section VII.G of the Roll, the Maximum Parcel Special Tax must be prepaid if at any time the Administrator determines there is or will be a reduction in the number of anticipated Dwelling Units as shown in Table 33 above. The Mandatory Special Tax Prepayment amount will be calculated using the prepayment formula described in Section A.1 above with the following modifications: The amount by which the Maximum Parcel Special Taxes have been reduced shall serve as the numerator when computing Principal. The amount of any Mandatory Special Tax Prepayment shall not exceed the Bonds plus any Premium, Recycled Amount, Defeasance, and Fees as such terms are defined in Section A.1 above. The sum of the amounts calculated above shall be paid to the City, deposited with the trustee, and used to redeem Bonds and/or pay for public improvements in accordance with the Bond Indenture and to pay the Fees associated with the Special Tax Bond Prepayment. Upon the payment of the Special Tax Bond Prepayment amount to the City, the obligation to pay the portion of the Maximum Parcel Special Tax which is prepaid for such Parcel shall be deemed to be permanently satisfied, such portion of the Maximum Parcel Special Tax shall not be collected thereafter from such Parcel, and in the event the entire Maximum Parcel Special Tax is prepaid the Administrator shall cause a satisfaction of special tax lien for such Parcel to be recorded within 30 working days of receipt of the Special Tax Bond Prepayment. Note, a Mandatory Special Tax Prepayment shall not reduce the Maximum Parcel Special Tax for any Parcel. D-2 V� _ �V E j s 4 ��4 `�._ w� _1��; Site Data 7eW 91ta d9 0 .81 100,00 Y'••'_.�.i: �. �'_• ParlmstsT Read R.O.%. TJ.gI 9.80 _i'k" PeJura Read. 91,40 P.Oe Gomm 6.1 4,44 0.43 uoem0um j open 3—(I.Q.DeL,Parka A Bwf—)362.14 aim Oma.one N-ty -9.66 DA,/Ae. (2614 n.v.11na7..I Rasid—U.1 Acne 1 R.eldanm Nlnlmum Awry. al.lmum 1'rplaal PQ 3 91y1a nmllr N1U.. NA NA KA NA ¢00 4 . ,... ,.. 2 T.a-Psvdy 10.000 N. BD n. 90 FL 12a ' .....: - A a Te—h.— NA NA NA NA ¢a6 { Nvla-Famly KA N1 XA NSA 9� / ` •q a ROwN10m.e NA NA NA e Ta+r,homee NA NA NA NA 166 7 T..nhomw NA NA KA NA 1111 it T.c-Pamlly 30,000 XA NA NA 991 1 'J s1np.nmly lo,w4 va n. m n. lea -,,.^. ... .,, 10 41y1e F-111 Ia,= tl,Goa 7o rL Ya n. N II sW&F—ar to ma, 11.4. TO n. 76 F,, 97 B YBOOK '• pg @ ary 7 �,3__, 12 916@1.nm11Y 11.0110 19,660 75 n, a0 Ft. o0 NAM09 j aMEla hmity 7111.. 4 (: IS 81,81.F—ay 11,000 12.860 10 rt, 40 n. a0 6VRpIN510re ( 7 14 91,91.RmLLP 111,000 I.Am So FL ga n lie I6 91,¢18 Femur IB.000 lamo 60 n. 4a n. ab _. 16 SInPl.neat, It.— 12.aao t7 blvply r—uy 18,000 18,.00 BO n. Be Ft 148 t8 alOgl.7.may ]glop@ 10,000 Ba n• w n. lI 91.¢4 Fem11Y Mot", 19.900 90 n A8 P{. N ...-.__.•�7,r,;,_ TotJ 28.6 .. ......_. ... _...,-.. ._... M7 ....... ... 8L KNOLL RY susolmsluN 0Mn aPae.gn.kdmm MA.-AAen AtO.i.nJ TO♦u �h od 888190A1 NL.AGE Ane Ac .-A— AHTas N. bitch. aunklvJ 81b D52 e.A 9.00 26. 264 --- rHE SXEpMCNO ` Commm,tY Clvbhew./Ash.Area ___ a,ta 6.10 ilia ___ RQj.Q Sohvol alto/Park 41t.a ego 100.81 I36,B1 .1119 8966 NA .LUT+E4M GNJR� MA itowa 41.60 40.00 10769 10'T.6B PrkA 9lmm.aler N.ny.m.ol Ax -A6,28 l"m 1110,42 AZ� , TeYI 1:41 241•.1 8.11.4. 388..8 66.68 :w Sa6, x... 1.All IvJmet.r Iota adJ le.xtatto9 CounlY aeDNrble,.till M is ' haw v mWhnum Ya!2 ta,d.<sps Dutlas eu.mwl In addllloa to the . �$�• '^r'- 18"tB�, . t.gnWd r.ae lard. 4nmmur 1 Y 1f-::c t bkt�Y: Aa`ACxN9n+roc aJtl-P.mly aaao R yAllAl + C P�N N GsxFGD TOT 1 T.wOhemaa \ Ep151 ,. ta"'.mmly M.. 4W - WEALTM .'p6tPPT"Y y myl.r.mnr _i99 COMN� '}i'G b' 0 Rew Zbae .--- .... -,.,................^• .. GATE.MEE!(" NT+kw uN \.EGA Gn¢E • NLI @16oN10 Cork .£k'UNii T>-MU¢a Park ti $04W spa A tEwT mutt..`.- BLACKBERRY OAKS F Y l.rnnt[lula roan) susoms10R xNYN00 8U4o,Nb1IXt It T - r 1 � + ,. �•\\, 777 Wockberry CIA,, W. Ce0>erwlfen An. r tNNbay� �� � vaM /'. �f.' `• /" saocK ia�iE w � ' �-�—,� •" Group Exhibit "C" MPI — Yorkville a3s Concept Plan C m-swa Aeei. t'-100' wnmaMd Re.a Suite E �`�LAND DESIGN,INC, oa+. 08-1a-03 FMO.bre&,a 6059 GRANDE RESERVE PLANNING•LANDSCAPE ARCHITECTURE 6-1 (630)315-4300 YOFIEViIle,Dl(m0ig 8517 NOmSn!md,51490E Cbi=�1l 6065fi•fl3/76J-7170 R.7711613210 780 7711613715 Fmoi j kkamngrAnl [-_ FOLEY FOLEY&LARDNER LLP ATTORNEYS AT LAW 321 NORTH CLARK STREET SUITE 2800 CHICAGO,IL 60610-4764 312.832.4500 TEL 312.832.4700 FAX www.foley.com WRITER'S DIRECT LINE 312.832.4533 Ibilas @foley.com EMAIL CLIENT/MATTER NUMBER 026079-0103 June 17, 2004 VIA HAND DELIVERY Traci Pleckham Finance Director The United City of Yorkville 800 Game Farm Road Yorkville, IL 60560 Re: United City of Yorkville,Illinois,Special Services Area No. 2004-106 Total Grande Reserve Variable Rate Demand Special Tax Bonds, Series 2004 (MPI Grande Reserve Project) Dear Traci: Enclosed are two complete sets of the Establishing Ordinance and Bond Ordinance with all exhibits attached. Also enclosed are 5 execution copies of each Ordinance without exhibits attached. The enclosed Ordinances contain minor revisions to the Ordinances submitted for the committee of the whole meeting. After the Ordinances have been executed, please keep one copy for your records and return four executed copies to my attention. If you have any questions,please do not hesitate to call. Very truly yours, Laura L. Bilas LLD/ Enclosures BRUSSELS LOS ANGELES ORLANDO SAN FRANCISCO TAMPA CHICAGO MADISON SACRAMENTO SILICON VALLEY TOKYO 011.563804.1 DETROIT MILWAUKEE SAN DIEGO TALLAHASSEE WASHINGTON,D.C. JACKSONVILLE SAN DIEGO/DEL MAR WEST PALM BEACH =`QED C'r 0 Q United City of Yorkville EST 1836 County Seat of Kendall County . 1Z � � 800 Game Farm Road -4 co Yorkville, Illinois 60560 Q Q Phone:630-553-4350 amncomy v� Fax:630-553-7575 E �� June 24, 2004 Laura Bilas Foley & Lardner LLP 321 N. Clark Street Suite 2800 Chicago, IL 60610-4764 Dear Laura: As per your direction, please find enclosed four executed originals of each of the Establishing Ordinance and the Bond Ordinance. If you need any further information, please do not hesitate to contact our office. Sincerely, Liz D'Anna Deputy Clerk enclosures