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Ordinance 2006-094 STATE OF ILLINOIS ) ) ss COUNTY OF KENDALL ) ORDINANCE NO. 2006- g�{ AN ORDINANCE AUTHORIZING THE EXECUTION OF A DEVELOPMENT AGREEMENT FOR COBBLESTONE WHEREAS, it is in the best interest of the UNITED CITY OF YORKVILLE, Kendall County, Illinois, that a certain Development Agreement pertaining to the development of the real estate described on Exhibit "A" attached hereto and made a part hereof entered into by the UNITED CITY OF YORKVILLE; and WHEREAS, said Development Agreement has been drafted and has been considered by the City Council; and WHEREAS, the legal owners of record of the territory which is the subject of said Agreement are ready, willing and able to enter into said Agreement and to perform the obligations as required hereunder; and WHEREAS, all the statutory procedures for the execution of said Development Agreement have been fully complied with; and NOW THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE UNITED CITY OF YORKVILE, KENDALL COUNTY, ILLINOIS, AS FOLLOWS: Page 1 of 2 I Section 1: That the Mayor and City Clerk are herewith authorized and directed to execute, on behalf of the City, a Development Agreement concerning the development of the real estate described therein, a copy of which Development Agreement is attached hereto and made a part thereof. Section 2: That this ordinance shall be in full force and effect from and after its passage and approval as provided by law. i JAMES BOCK JOSEPH BESCO VALERIE BURD PAUL JAMES — �Q� DEAN WOLFER ) MARTY MUNNS ROSE SPEARS JASON LESLIE _ i I I Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this o� day of , A.D. 2006. I, MAYOR Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this day of , A.D. 2006. ATTEST: CITY CLERK Prepared by: John Justin Wyeth City Attorney United City of Yorkville 800 Game Farm Road Yorkville, IL 60560 Page 2 of 2 EXHIBIT "A" DEVELOPMENT AGREEMENT The city did not receive an executed development agreement from the petitioners. This Ordinance has been replaced with Ordinance No. 2008 -80 — Ordinance Approving the Development Agreement between the United City of Yorkville and Main Street Commercial Partners, L.L.C. Property (Cobblestone).