Loading...
Resolution 2026-01Resolution No. 2026-01 A RESOLUTION OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, APPROVING A SETTLEMENT AGREEMENT (Whispering Meadows Community Association, Inc.) WHEREAS, the United City of Yorkville, Kendall County, Illinois (the "City") is a duly organized and validly existing unit of government of the State of Illinois within the meaning of Article VII, Section 10 of the 1970 Illinois Constitution; and WHEREAS, on August 12, 2003, the City entered into an Annexation Agreement (the "Annexation Agreement") with Kimball Hill Homes ("KH'), providing for the annexation and development of certain real property owned or controlled by KH (the "Property") and payment of certain fees and donations to the City and other units of government in connection with its development of single-family residences within the Property; however, KH and related companies filed for bankruptcy and as a result certain parcels of the Property were conveyed to a successor developer which also failed to complete all of the necessary public improvements all of which resulted in litigation (the "Litigation Term"); and WHEREAS, during the Litigation Term, Whispering Meadows Community Association, Inc., the homeowners association (the "HOA") performed maintenance of certain areas of the Property which were , in fact, the responsibility of the KH or its successors and the City believes that the HOA is entitled to reimbursement and is prepared to proceed with the reimburse the HOA for its costs as provided in the Settlement Agreement attached hereto. NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: herein. Section 1. The foregoing recitals are incorporated in this Resolution as if fully restated Resolution No. 2026-01 Page 1 Section 2. That the Settlement Agreement by and between the United City of Yorkville, Kendall County, Illinois and Whispering Meadows Community Association, Inc. , attached hereto as Exhibit A and made a part hereof by reference, is hereby approved, and the Mayor and City Clerk are hereby authorized to execute on behalf of the United City of Yorkville. Section 3. That this Resolution shall be in full force and effect from and after its passage and approval as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this 13`h day of January, A.D. 2026. Y CLERK KEN KOCH AYE DAN TRANSIER AYE ARDEN JOE PLOCHER AYE CRAIG SOLING AYE CHRIS FUNKHOUSER AYE MATT MAREK AYE RUSTY CORNEILS AYE RUSTY HYETT AYE APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois i� this b day of , A.D. 2026. Attest: n Y CLERK Resolution No. 2026-01 Page 2 SETTLEMENT AGREEMENT This Settlement AGREEMENT ("Settlement Agreement") is dated as of the day of , i 61. ulC� 202� a d is between the UNITED CITY OF YORKVILLE, an Illinois municipal corporation ("the City") and Whispering Meadows Community Association, Inc., an Illinois not for profit community association (the "HOA"). Recitals WHEREAS, on August 12, 2003, the City entered into an Annexation Agreement ("Annexation Agreement") with Kimball Hill Homes ("KH"), providing for the annexation and development of certain real property owned or controlled by KH (the "Property" ); and WHEREAS, pursuant to the Annexation Agreement, KH was required to pay certain impact fees, fees in lieu of land donations, annexation fees, municipal consultants' fees, connection fees and other fees ( collectively the "Fees") and to make certain land donations ("Donations") to the City and other units of government in connection with the development of single-family residences within the Property; however, KH did not complete all of the necessary public Improvements for such development; and WHEREAS, on April 23, 2008, KH and related companies filed for Chapter 11 protection with the United States Bankruptcy Court for the Northern District of Illinois and as a result certain parcels of the Property were conveyed to a successor developer which also failed to complete all of the necessary public improvements which resulted in litigation commencing in 2011 and finally resolved in 2024 (the "Litigation Term"); and WHEREAS, during the Litigation Term, the HOA performed maintenance of certain areas of the Property which were the responsibility of the KH or the KH's successors and has now requested reimbursement of its costs to perform such maintenance; and The City believes that the HOA is entitled to reimbursement of its costs and is prepared to proceed with the reimbursement, all as hereinafter provided. NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the City and the HOA agree as follows: Section 1. Incorporation of Recitals The above recitals are incorporated as part of this Settlement Agreement as though fully set forth herein. Section 2. Payment Within 14 business days of the execution of this Settlement Agreement, the City shall pay the HOA the sum of forty thousand (40,000) ("Payment") as full and final resolution of any reimbursement due to the HOA for its maintenance of the Property during the Litigation Term. Section 3. Release In consideration of and effective upon the receipt of the Payment, the HOA hereby completely, fully, finally, and forever releases and discharges the City, its offices, employees, agents, attorneys, and engineers, jointly and severally, from all claims for any costs and expenses related to and/or concerning the Property. Section 4. Future Maintenance Nothing in this Settlement Agreement shall preclude the City from otherwise enforcing its ordinances as they apply to the Property. By way of example only, the City shall still be entitled to enforce property maintenance ordinances in the event that the HOA or its successor fails to maintain the Property. Section 5. Counterparts 2 This Settlement Agreement may be executed in counterparts, each of which shall constitute an original document, which together shall constitute one and the same instrument. IN WITNESS WHEREOF, the parties have caused this Settlement Agreement to be executed by their duly authorized officers on the date first above written. UNITED CI OF YORKVILLE, an Illinois cipal corporation B: ! Y John Purcell, Mayor ATTEST, �1 1 �fl 4rijr,Contrino, City Clerk k. WHISPERING MEADOWS COMMUNITY ASSOCIATION, INC, AN ILLINOIS NOT -FOR - PROFIT CORPORATION By: ATTEST." Amanda Lykins, Secretary 3 Kristopher Lackey, President This Settlement Agreement may be executed in counterparts, each of which shall constitute an original document, which together shall constitute one and the same instrument_ IN WITNESS WHEREOF, the parties have caused this Settlement Agreement to be executed by their duly authorized officers on the date first above written. ATTES T Jori Contrino, City Clerk ATTEST Amanda Lykins, Sec ary UNITED CITY OF YORKVILLE, an Illinois municipal corporation By: John Purcell, Mayor WHISPERING MEADOWS COMMUNITY ASSOCIATION, INC, AN ILLINOIS NOT -FOR - PROFIT CORPORATION By.- `''oe Kristo ey, President 3