Ordinance 2006-018 UNITED CITY OF YORKVILLE
KENDALL COUNTY
STATE OF ILLINOIS
ORDINANCE NUMBER 2006 -18
AN ORDINANCE PROVIDING FOR ISSUANCE OF
UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS
SPECIAL SERVICE AREA NUMBER 2005 -109
SPECIAL TAX BONDS, SERIES 2006
(BRISTOL BAY I PROJECT)
ADOPTED BY THE
CITY COUNCIL
OF THE
UNITED CITY OF YORKVILLE
KENDALL COUNTY
STATE OF ILLINOIS
The 14th day of March, 2006
Published in pamphlet form by authority of the City Council of the United City of Yorkville,
Kendall County, Illinois this 14th day of March, 2006.
CH12_607926.4
ORDINANCE NO. 2006-18
AN ORDINANCE PROVIDING FOR ISSUANCE OF
UNITED CITY OF YORKVILLE, ]KENDALL COUNTY, ILLINOIS
SPECIAL SERVICE AREA NUMBER 2005 -109
SPECIAL TAX BONDS, SERIES 2006
(BRISTOL BAY I PROJECT)
BE IT ORDAINED BY THE CITY COUNCIL OF THE UNITED CITY OF
YORKVILLE, KENDALL COUNTY, ILLINOIS, AS FOLLOWS:
Section 1. Findings and Declarations. It is found and declared by the City Council of
the United City of Yorkville, Kendall County, Illinois (the " City ") as follows:
a. The City has previously established Special, Service Area Number 2005-
109 described more fully in Exhibit A to this Ordinance (the "Special Service Area ")
pursuant to Ordinance Number 2006 -17 adopted on March 14, 2006 (the "Establishing
Ordinance "), the provisions of the Special Service Area Tax Law, 35 ILCS 200/27 -5 et
seq., as amended (the "Special Service Area Act") and the provisions of Section 7 of
Article VII of the 1970 Constitution of the State of Illinois, and has otherwise complied
with all other conditions precedent required by the Special Service Area Act.
b. It is necessary and in the best interests of the City to provide at this time
special services benefiting the Special Service Area consisting of the acquisition,
construction and installation of public improvements including, but not limited to,
engineering, surveying, 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, paths
and related street improvements, and equipment and materials necessary for the
maintenance thereof, landscaping, wetland mitigation, public park improvements and tree
installation, costs for land and easement acquisitions or dedications relating to any of the
foregoing improvements, required tap -on and related fees for water or sanitary sewer
services and other eligible costs to serve the Special Service Area (the " Special
Services "). The City presently estimates the total cost of these Special Services together
with costs of borrowing money for that purpose, funding administrative expenses and
providing for necessary debt service reserves and capitalized interest (collectively, the
"Costs of the Special Services ") to be approximately $20,000,000.
C. The City does not have sufficient funds on hand or available from other
sources with which to pay the costs of the Special Services.
d. It is in the best interests of the City to issue not to exceed $20,000,000
principal amount of its Special Service Area Number 2005 -109 Special Tax Bonds,
Series 2006 (Bristol Bay I Project) (the " Bonds ") as provided in this Ordinance, to pay or
provide funds for a portion of the Costs of the Special Services.
CH12_607926.4
e. The borrowing of the sum of not to exceed $20,000,000 and the issuance
of the Bonds in that amount are for purposes constituting special services in the Special
Service Area under the Special Service Area Act.
f. After due publication of a notice as required by the Special Service Area
Act, a public hearing to consider the establishment of the Special Service Area, the
issuance of the Bonds for the purpose of paying the costs of the Special Services and the
manner in which the Bonds are proposed to be retired and the proposed tax levy, was
held on January 24, 2006 at 7:00 p.m. No objection petition has been filed with respect
to the establishment of the Special Service Area or the issuance of the Bonds within the
period of time allowed pursuant to the Special Service Area Act.
Section 2. Issuance of Bonds. The City shall borrow the sum of not to exceed
$20,000,000 by issuing the Bonds as provided in this Ordinance. The Bonds which shall be
designated "United City of Yorkville, Kendall County, Illinois Special Service Area Number
2005 -109 Special Tax Bonds, Series 2006 (Bristol Bay I Project)," and shall be issued for the
purpose of providing a portion of the funds needed for the Costs of the Special Services. The
Bonds shall be issued pursuant to the powers of the City pursuant to Section 7 of Article VII of
the 1970 Constitution of the State of Illinois; the Special Service Area Act; and the Local
Government Debt Reform Act, 30 ILCS 350/1 et seq. (the "Debt Act ").
Section 3. Annroval of Documents. There have been submitted to the City Council
forms of the following documents relating to the issuance of the Bonds:
a. a form of Trust Indenture (the "Indenture ") between the City and The
Bank of New York Trust Company, N.A., as Trustee, to be dated as of March 1, 2006,
which form of Indenture is attached as Exhibit B to this Ordinance;
b. a form of Bond Purchase Agreement (the "Bond Purchase Agreement ")
among the City, William Blair & Company, L.L.C., as Underwriter (the "Underwriter "),
and Centex Homes (the "Developer ") to be dated as of the date the offer of the
Underwriter to purchase the Bonds is accepted by the City, which form of Bond Purchase
Agreement is attached as Exhibit C to this Ordinance;
C. a form of Public Improvements Agreement between the Developer and the
City, which form of Public Improvements Agreement is attached as Exhibit D to this
Ordinance;
d. a form of the preliminary Limited Offering Memorandum (the "Limited
Offering Memorandum ") used by the Underwriter in its initial offering of the Bonds,
which form of Limited Offering Memorandum is attached as Exhibit E to this Ordinance;
e. a form of the Agreement for Consulting Services by and between the
Developer, David Taussig & Associates, Inc. ( "Taussil; ") and the City, which form of
Agreement for Consulting Services is attached as Exhibit F to this Ordinance; and
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CH12_607926.4
f. a form of the Agreement for Administrative Services between Taussig and
the City, which form of Agreement for Administrative Services is attached as Exhibit G
to this Ordinance.
Such documents are approved as to form and substance and the Mayor and the City Clerk
of the City are authorized and directed to execute and deliver and/or authorize the use of such
documents on behalf of the City in the forms submitted with such additions, deletions and
completions of the same (including the establishment of the terms of the Bonds within the
parameters set forth in this Ordinance) as the Mayor and the City Clerk deem appropriate; and
when each such document is executed, attested, sealed and delivered on behalf of the City, as
provided herein, each such document will be binding on the City; from and after the execution
and delivery of each such document, the officers, employees and agents of the City are hereby
authorized, empowered and directed to do all such acts and things and to execute all such
additional documents as may be necessary to carry out, comply with and perform the provisions
of each such document as executed; and each such document shall constitute, and hereby is
made, a part of this Ordinance, and a copy of each such document ,shall be placed in the official
records of the City, and shall be available for public inspection at the office of the City Clerk.
Either the Mayor or the City Clerk is authorized and directed, subject to the terms of the Bond
Purchase Agreement as executed, to execute the final Limited Offering Memorandum in
substantially the form of the preliminary Limited Offering Memorandum presented hereto with
such changes, additions or deletions as they deem appropriate to reflect the final terms of the
Bonds, the Indenture and other matters.
Section 4. Bond Terms. The Bonds shall be issued as provided in the Indenture and
shall be issued in the principal amount of not to exceed $20,000,000, shall be dated, shall mature,
shall bear interest at the rates (not to exceed in any year seven percent (7 %) per annum) and shall
be subject to redemption at the times and prices as set forth in the Indenture, and shall be sold to l
the Underwriter at a purchase price of not less than 98.5% of the principal amount of the Bonds
with an original issue discount of not to exceed 2% of the principal amount of the Bonds, all as
set forth in the Bond Purchase Agreement. The execution and delivery of the Bond Purchase
Agreement by the Mayor and the City Clerk shall evidence their approval of the terms of the
Bonds set forth above.
Section 5. Execution and Delivery of Bonds. The Mayor and the City Clerk are
authorized and directed to execute and deliver the Bonds and, together with other Authorized
Officers (as defined in the Indenture), to take all necessary action with respect to the issuance,
sale and delivery of the Bonds, all in accordance with the terms and procedures specified in this
Ordinance and the Indenture. The Bonds shall be delivered to the Trustee who is directed to
authenticate the Bonds and deliver the Bonds to the Underwriter upon receipt of the purchase
price for the Bonds.
The Bonds shall be in substantially the form set forth in the Indenture. Each Bond shall
be executed by the manual or facsimile signature of the Mayor and the manual or facsimile
signature of the City Clerk and shall have the corporate seal of the City affixed to it (or a
facsimile of that seal printed on it). The Mayor and the City Clerk (if they have not already done
so) are authorized and directed to file with the Illinois Secretary of State their manual signatures
certified by them pursuant to the Uniform Facsimile Signatures of Public Officials Act, as
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CH12_607926.4
amended, which shall authorize the use of their facsimile signatures to execute the Bonds. Each
Bond so executed shall be as effective as if manually executed. In case any officer of the City
whose signature or a facsimile of whose signature shall appear on the Bonds shall cease to be
such officer before authentication and delivery of any of the Bonds, that signature or facsimile
signature shall nevertheless be valid and sufficient for all purposes, the same as if the officer had
remained in office until delivery.
No Bond shall be valid for any purpose unless and until a certificate of authentication on
that Bond substantially in the form set forth in the bond form in the Indenture shall have been
duly executed by the Trustee. Execution of that certificate upon any Bond shall be conclusive
evidence that the Bond has been authenticated and delivered under this Ordinance.
Section 6. Bonds are Limited Oblip-ations; Levy of Special Tax; Pledge. The Bonds
shall constitute limited obligations of the City, payable from the Special Taxes (as defined
below) to be levied on all taxable real property within the Special Service Area as provided
below. The Bonds shall not constitute the general obligations of the City and neither the full
faith and credit nor the unlimited taxing power of the City shall be pledged as security for
payment of the Bonds.
There are hereby levied Special Taxes upon all taxable real property within the Special
Service Area in accordance with the Special Tax Roll and Report (as defined below) sufficient to
pay and discharge the principal of and interest on the Bonds and the Additional Bonds (as
defined in the Indenture) at maturity or mandatory sinking fund redemption dates and to pay
interest on the Bonds for each year at the interest rates to be set forth in Section 2.4 of the
Indenture and to pay for the Administrative Expenses (as defined in the Indenture) of the City
and Kendall County, if any, for each year including specifically the following amounts for the
following years (the "Special Taxes "):
An Amount Sufficient
Year of Lew to Produce the Sum of-
2007 $2,998,780
2008 3,043,344
2009 3,088,986
2010 3,135,252
2011 3,181,986
2012 3,229,330
2013 3,277,766
2014 3,326,812
2015 3,376,950
2016 3,427,698
2017 3,478,914
2018 3,531,222
2019 3,584,140
2020 3,637,526
2021 3,692,146
2022 3,747,234
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CH12 607926.4
An Amount Sufficient
Year of Levv to Produce the Sum of:
2023 3,803,556
2024 3,860,346
2025 3,918,214
2026 3,976,706
2027 4,036,276
2028 4,096,938
2029 4,158,210
2030 4,220,574
2031 4,284,016
2032 4,348,692
2033 4,413,836
2034 4,480,682
Pursuant to the Special Tax Roll established by the Special Tax Roll and Report prepared
for the Special Service Area (the "Special Tax Roll and Report"), the Special Taxes shall be
computed, extended and collected and divided among the taxable real property within the Special
Service Area in accordance with the terms of the Establishing Ordinance and the Special Tax
Roll and Report. It shall be the duty of the City and the City hereby covenants, annually on or
before the last Tuesday of December for each of the years 2007 through 2034 to calculate or
cause the Consultant appointed pursuant to the Indenture to calculate the Special Tax
Requirement (as defined in the Indenture); to amend the Special Tax Roll pursuant to Section
VI.E. of the Special Tax Roll and Report; to adopt an ordinance approving the amount of the
current calendar year's Special Tax Requirement and abating the Special Taxes levied pursuant
to this Ordinance to the extent the taxes levied pursuant to this Ordinance exceed the Special Tax
Requirement as calculated by the Consultant pursuant to the Establishing Ordinance and the
Special Tax Roll and Report; and provide the County tax collector of Kendall County the
amended Special Tax Roll. On or before the last Tuesday of January for each of the years 2008
through 2035 the City shall notify the Trustee and the Notice Beneficial Owners (as defined in
the Indenture) of the amount of the Special Tax Requirement and the amount of the Special
Taxes to be abated. The City shall take all actions which shall be necessary to provide for the
levy, extension, collection and application of the taxes levied by this Ordinance, including
enforcement of such taxes as provided by law but only as set forth in Section 7(a) below.
The Special Taxes levied as provided above shall be deposited in the Bond and Interest
Fund created pursuant to the Indenture and are appropriated to and are irrevocably pledged to
and shall be used only for the purposes set forth in Section 7.1 of the Indenture.
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Section 7. Special Covenants. The City covenants with the holders of the Bonds
from time to time outstanding that it (i) will take all actions which are necessary to be taken (and
avoid any actions which it is necessary to avoid being taken) so that interest on the Bonds will
not be or become included in gross income for federal income tax purposes under existing law,
including without limitation the Internal Revenue Code of 1986, as amended (the " Code "); (ii)
will take all actions reasonably within its power to take which are necessary to be taken (and
avoid taking any actions which are reasonably within its power to avoid taking and which are
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CH12 607926.4
necessary to avoid) so that the interest on the Bonds will not be or become included in gross
income for federal income tax purposes under the federal income tax laws as in effect from time
to time; and (iii) will take no action or permit any action in the investment of the proceeds of the
Bonds, amounts held under the Indenture or any other funds of the City which would result in
making interest on the Bonds subject to federal income taxes by reason of causing the Bonds to
be "arbitrage bonds" within the meaning of Section 148 of the Code, or direct or permit any
action inconsistent with the regulations under the Code as promulgated and as amended from
time to time and as applicable to the Bonds. The Mayor, the City Clerk, the City Treasurer and
other Authorized Officers of the City are authorized and directed to take all such actions as are
necessary in order to carry out the issuance and delivery of the Bonds including, without
limitation, to make any representations and certifications they deem proper pertaining to the use
of the proceeds of the Bonds and other moneys held under the Indenture in order to establish that
the Bonds shall not constitute arbitrage bonds as so defined.
The City further covenants with the holders of the Bonds from time to time outstanding
that:
a. it will take all actions, if any, which shall be necessary in order further to
provide for the levy, extension, collection and application of the Special Taxes imposed
by or pursuant to this Ordinance or the Establishing Ordinance, including enforcement of
the Special Taxes by providing the County of Kendall with such information as is
deemed necessary to enable it to include the property subject to the delinquent tax in the
County Collector's annual tax sale and in the event the tax lien is forfeited at such tax
sale by instituting foreclosure proceedings all in the manner provided by law; provided,
however, that the obligation to institute any foreclosure action against any taxpayer other
than a taxpayer owning at least five percent (5 %) of the property in the Special Service
Area shall only arise in the event the City makes the determination that the proceeds from
each foreclosure action have a commercially reasonable expectation of exceeding the
costs thereof;
b. it will not take any action which would adversely affect the levy,
extension, collection and application of the Special Taxes, except to abate the Special
Taxes to the extent permitted by the Special Tax Roll and Report and as provided in this
Ordinance; and
C. it will comply with all present and future laws concerning the levy,
extension and collection of the Special Taxes; in each case so that the City shall be able
to pay the principal of and interest on the Bonds as they come due and replenish the
Reserve Fund to the Reserve Requirement and it will take all actions necessary to assure
the timely collection of the Special Taxes, including without limitation, the enforcement
of any delinquent Special Taxes as described in paragraph (a) above.
Section 8. Additional Authoritv. The Mayor, the City Clerk and the other officers of
the City are authorized to execute and deliver on behalf of the City such other documents,
agreements and certificates and to do such other things consistent with the terms of this
Ordinance as such officers and employees shall deem necessary or appropriate in order to
effectuate the intent and purposes of this Ordinance, including, without limitation, to make any
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CH12 607926.4
representations and certifications they deem proper pertaining to the use of the proceeds of the
Bonds in order to establish that the Bonds shall not constitute arbitrage bonds as defined in
Section 7 above.
Section 9. Filing of Ordinance. The City Clerk is directed to file a certified copy of
this Ordinance, and an accurate map of the Special Service Area, with the County Clerk of
Kendall County.
Section 10. Severabilitv. If any section, paragraph, clause or provision of this
Ordinance (including any section, paragraph, clause or provision of any exhibit to this
Ordinance) shall be held invalid, the invalidity of such section, paragraph, clause or provision
shall not affect any of the other sections, paragraphs, clauses or provisions of this Ordinance (or
of any of the exhibits to this Ordinance).
Section 11. Repealer; Effect of Ordinance. All ordinances, resolutions and orders or
parts of ordinances, resolutions and orders in conflict with this Ordinance are repealed to the
extent of such conflict. The City Clerk shall cause this Ordinance to be published in pamphlet
form. This Ordinance shall be effective upon its passage and publication as provided by law.
PASSED BY THE CITY COUNCIL OF THE UNITED CITY OF YORKVILLE,
KENDALL COUNTY, ILLINOIS this 14th day of March, 2006.
VOTING AYE: L S I r z W I ��r J< Wk Q S. 6c� 1�l J "r U U) S
VOTING NAY:
ABSENT:
ABSTAINED:
NOT VOTING:
APPROVED:
Mayor
ATTEST:
6 4Aerk
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CH12_607926.4
Exhibit A
UNITED CITY OF YORKVILLE
SPECIAL SERVICE AREA NUMBER 2005 -109
[Portion North of Galena Road]
THAT PART OF SECTIONS 4 AND 9 IN TOWNSHIP 37 NORTH, RANGE 7 EAST OF THE
THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE
NORTHEAST CORNER OF THE SOUTHEAST QUARTER OF SAID SECTION 4;
THENCE SOUTH 89 DEGREES 05 MINUTES 15 SECONDS WEST, ALONG THE NORTH
LINE OF SAID SOUTHEAST QUARTER, 1087.07 FEET FOR THE POINT OF
BEGINNING; THENCE SOUTH 00 DEGREES 14 MINUTES 26 SECONDS EAST, 725.09
FEET; THENCE NORTH 89 DEGREES 05 MINUTES 15 SECONDS EAST, 1087.08 FEET
TO THE EAST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION 4; THENCE
SOUTH 00 DEGREES 14 MINUTES 27 SECONDS EAST, ALONG THE EAST LINE OF
THE SOUTHEAST QUARTER OF SAID SECTION 4, 1924.04 FEET TO THE SOUTHEAST
CORNER OF THE SOUTHEAST QUARTER OF SAID SECTION 4; THENCE SOUTH 00
DEGREES 00 MINUTES 23 SECONDS WEST, ALONG THE EAST LINE OF THE
NORTHEAST QUARTER OF SAID SECTION 9, 1582.30 FEET; THENCE
NORTHWESTERLY ALONG A CURVE TO THE LEFT WITH A RADIUS OF 11520.00
FEET AND A CHORD BEARING OF NORTH 72 DEGREES 24 MINUTES 24 SECONDS,
AN ARC LENGTH OF 1132.95 FEET; THENCE NORTH 75 DEGREES 13 MINUTES 39
SECONDS WEST, 50.13 FEET; THENCE NORTH 14 DEGREES 46 MINUTES 21
SECONDS EAST, 882.65 FEET; THENCE NORTH 75 DEGREES 13 MINUTES 39
SECONDS WEST, 600.00 FEET; THENCE SOUTH 14 DEGREES 46 MINUTES 21
SECONDS WEST, 539.21 FEET; THENCE NORTH 75 DEGREES 29 MINUTES 39
SECONDS WEST 208.25 FEET; THENCE SOUTH 87 DEGREES 42 MINUTES 08
SECONDS WEST, 115.27 FEET; THENCE SOUTHWESTERLY ALONG A CURVE TO
THE RIGHT WITH A RADIUS OF 680.00 FEET AND A CHORD BEARING OF SOUTH 08
DEGREES 42 MINUTES 26 SECONDS WEST, AN ARC LENGTH OF 140.94 FEET;
THENCE SOUTH 14 DEGREES 38 MINUTES 41 SECONDS WEST, 143.79 FEET;
THENCE SOUTHEASTERLY ALONG A CURVE TO THE LEFT WITH A RADIUS OF
25.00 FEET AND A CHORD BEARING OF SOUTH 30 DEGREES 17 MINUTES 29
SECONDS EAST, AN ARC LENGTH OF 39.21 FEET; THENCE NORTH 75 DEGREES 13
MINUTES 39 SECONDS WEST, 1040.30 FEET; THENCE NORTH 00 DEGREES 01
MINUTES 41 SECONDS WEST, 222.94 FEET; THENCE SOUTH 89 DEGREES 58
MINUTES 19 SECONDS WEST, 368.68 FEET; THENCE NORTH 19 DEGREES 50
MINUTES 05 SECONDS WEST, 831.41 FEET; THENCE SOUTH 89 DEGREES 00
MINUTES 40 SECONDS WEST, 331.94 FEET; THENCE NORTH 00 DEGREES 59
MINUTES 56 SECONDS WEST, 949.25 FEET; THENCE NORTH 89 DEGREES 00
MINUTES 40 SECONDS EAST, 385.09 FEET; THENCE NORTH 00 DEGREES 51
MINUTES 52 SECONDS WEST, 379.98 FEET; THENCE SOUTH 89 DEGREES 00
MINUTES 40 SECONDS WEST, 331.75 FEET; THENCE NORTH 00 DEGREES 37
MINUTES 06 SECONDS EAST, 907.69 FEET; THENCE SOUTH 89 DEGREES 55
MINUTES 02 SECONDS WEST, 335.39 FEET TO THE EAST RIGHT OF WAY LINE OF
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ILLINOIS ROUTE NO. 47; THENCE NORTH 00 DEGREES 57 MINUTES 52 SECONDS
EAST ALONG SAID EAST RIGHT OF WAY LINE, 80.01 FEET; THENCE NORTH 89
DEGREES 55 MINUTES 02 SECONDS EAST, 171.45 FEET; THENCE NORTH 00
DEGREES 32 MINUTES 06 SECONDS EAST, 5.72 FEET TO THE NORTH LINE OF THE
SOUTHWEST QUARTER OF SAID SECTION 4; THENCE NORTH 89 DEGREES 05
MINUTES 15 SECONDS EAST, ALONG SAID NORTH LINE, 2990.11 FEET TO THE
POINT OF BEGINNING, IN THE TOWNSHIP OF BRISTOL, KENDALL COUNTY,
ILLINOIS.
PIN's
02 -09- 200 -006
02 -04- 400 -001
02 -04- 300 -001
02 -04- 300 -004
02 -09- 100 -012
02 -09- 200 -006
02 -04- 400 -001
[Portion south of Galena Road]
THAT PART OF SECTIONS 9 AND 10 IN TOWNSHIP 37 NORTH, RANGE 7 EAST OF
THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT
THE SOUTHEAST CORNER OF THE NORTHWEST QUARTER OF THE SOUTHWEST
QUARTER OF SAID SECTION 9; THENCE SOUTH 89 DEGREES 04 MINUTES 59
SECONDS WEST, ALONG THE SOUTH LINE OF THE NORTHWEST QUARTER OF THE
SOUTHWEST QUARTER OF SAID SECTION 9, 16.50 FEET FOR THE POINT OF
BEGINNING; THENCE NORTH 16 DEGREES 42 MINUTES 16 SECONDS EAST, 1391.17
FEET; THENCE NORTH 14 DEGREES 45 MINUTES 06 SECONDS EAST, 1940.59 FEET;
THENCE SOUTH 75 DEGREES 13 MINUTES 39 SECONDS EAST, 1563.43 FEET;
THENCE SOUTH 14 DEGREES 46 MINUTES 21 SECONDS WEST, 250.00 FEET;
THENCE SOUTH 75 DEGREES 13 MINUTES 39 SECONDS EAST, 350.00 FEET; THENCE
NORTH 14 DEGREES 46 MINUTES 21 SECONDS EAST, 250.00 FEET; THENCE SOUTH
75 DEGREES 13 MINUTES 39 SECONDS EAST, 144.21 FEET; THENCE
SOUTHEASTERLY ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 11400.00
FEET AND A CHORD BEARING OF SOUTH 71 DEGREES 42 MINUTES 58 SECONDS
EAST, AN ARC LENGTH OF 1395.73 FEET; THENCE SOUTH 22 DEGREES 02 MINUTES
45 SECONDS WEST, 324.61 FEET; THENCE SOUTH 08 DEGREES 47 MINUTES 21
SECONDS EAST, 103.70 FEET; THENCE SOUTH 07 DEGREES 55 MINUTES 29
SECONDS EAST, 102.94 FEET; THENCE SOUTH 21 DEGREES 01 MINUTES 10
SECONDS EAST, 102.94 FEET; THENCE SOUTH 37 DEGREES 33 MINUTES 02
SECONDS EAST, 103.76 FEET; THENCE SOUTH 59 DEGREES 21 MINUTES 35
SECONDS EAST, 103.34 FEET; THENCE SOUTH 67 DEGREES 57 MINUTES 15
SECONDS EAST, 728.53 FEET; THENCE SOUTH 67 DEGREES 57 MINUTES 04
SECONDS EAST, 149.67 FEET; THENCE SOUTH 54 DEGREES 48 MINUTES 46
SECONDS EAST, 61.99 FEET; THENCE SOUTH 29 DEGREES 42 MINUTES 01
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CHI2_607926.4
SECONDS EAST, 63.34 FEET; THENCE SOUTH 19 DEGREES 52 MINUTES 58
SECONDS EAST, 393.83 FEET; THENCE SOUTH 42 DEGREES 12 MINUTES 32
SECONDS EAST, 202.95 FEET; THENCE SOUTH 13 DEGREES 09 MINUTES 03
SECONDS WEST, 13.75 FEET; THENCE NORTH 76 DEGREES 50 MINUTES 57
SECONDS WEST, 477.07 FEET; THENCE SOUTH 13 DEGREES 09 MINUTES 09
SECONDS WEST, 246.59 FEET; THENCE SOUTH 30 DEGREES 33 MINUTES 27
SECONDS EAST, 163.94 FEET; THENCE SOUTH 12 DEGREES 43 MINUTES 25
SECONDS WEST, 205.80 FEET TO THE SOUTH LINE OF THE NORTH HALF OF THE
SOUTHWEST QUARTER OF SECTION 10; THENCE SOUTH 89 DEGREES 03 MINUTES
52 SECONDS WEST, ALONG SAID SOUTH LINE, 955.11 FEET; THENCE SOUTH 89
DEGREES 01 MINUTES 11 SECONDS WEST, ALONG THE SOUTH LINE OF THE
NORTH HALF OF THE SOUTHEAST QUARTER OF SAID SECTION 10, 2656.76 FEET;
THENCE SOUTH 89 DEGREES 04 MINUTES 59 SECONDS WEST, 1343.04 FEET TO THE
POINT OF BEGINNING, IN BRISTOL TOWNSHIP, KENDALL COUNTY, ILLINOIS.
PIN's j
02 -09- 200 -005
02 -09- 100 -008
02 -09- 400 -001
02 -10- 300 -001
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A -3
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Exhibit B
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Exhibit C
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Exhibit D
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Exhibit E
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Exhibit F
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Exhibit G
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