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HomeMy WebLinkAboutResolution #3402RESOLUTION NO. 3 4 n ~ RESOLUTION APPROVING AN AGREEMENT BETWEEN THE CITY OF CANTON AND MICHAEL HARMON AND DIRECTING THE MAYOR AND CITY CLERK TO EXECUTE AND DELIVER SAID AGREEMENT ON BEHALF OF THE CITY OF CANTON, ILLINOIS. WHEREAS, the City of Canton, Illinois has entered into negotiations with Michael Harmon the for sale of 1.15 acres in the City's Enterprise Industrial District; and, WHEREAS, the City Council of the City of Canton, Illinois has reviewed the terms of the proposed agreement, a copy of which is hereto attached and made a part hereof as Exhibit "A"; and, WHEREAS, the City Council of the City of Canton, Illinois has determined that it is desirable and in the best interest of the City of Canton to enter into said agreement.. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTON, Fulton County, Illinois as follows: 1) That the agreement between the City of Canton and Michael Harmon, which is attached hereto and made hereof as Exhibit "A:, is hereby approved, said Agreement to be subject to and effective pursuant to the terms and conditions set forth therein. 2) That the Mayor and City Clerk are hereby authorized and directed to execute and deliver said agreement on behalf of the City of Canton, Illinois. 3) That this Resolution shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Illinois. PASSED by the City Council of the City of Canton, Fulton County, Illinois at a regular meeting this day of /~~ye`rr ~er 1997, upon a roll call vote as follows: AYES: Aldermen Shores, May, Nidiffer, Meade, Phillips, Hartford . NAYS: Alderman Sarff . ABSENT: Alderman Molleck APPROVED: ~~~ Donald E. Edwards, Mayor ATTEST: ancy Whit ,City Clerk 1 ~~ Exhibit "A" ~ : ~ ~ ~ ~,ao ~ AGREEMENT FOR SALE OF REAL ESTATE -t~ ARTICLES OF AGREEMENT, made as of this 1~day of 1997 between the City of Canton, and Illinois municipal corporation, hereinafter called "Seller", and Michael Harmon, hereinafter called "Buyer" witnesseth, that, if the Buyer shall first make the payments and perform the covenants hereinafter mentioned on its part to be made and performed, the Seller hereby covenants and agrees to convey merchantable title to the Buyer by a good and sufficient Municipal Corporate Deed, the lot, pieces, or parcel of ground, situated in the City of Canton, County of Fulton and State of Illinois, described as follows, to-wit: North half of lot number fifteen (15) of the Enterprise Industrial District pursuant to the Subdivision Plat thereof filed in the Fulton County (Illinois) Recorder's Office on October 26, 1984 as Instrument Number 84-8960, containing 1.15 acres, more or less, subject to all present and future easements of record and, further, subject to all restrictive covenants and/or land use controls which Seller, or, Seller's successors and assigns has placed or may place on said lot, all of the foregoing real property being situated in the City of Canton, County of Fulton and State of Illinois. The Buyer hereby covenants and agrees to pay to the Seller at the office of the City Clerk, City Building, 210 East Chestnut Street, Canton, Illinois, 61520, the sum of Five Thousand Seven Hundred Fifty Dollars ($5,750.00), in the following manner: The sum of $1,150.00 upon execution and delivery hereof, and, payments of $1,150.00 each on or before the first, second, third, and fourth anniversary date of this agreement. Possession to be given upon execution and delivery hereof. A Commitment for title insurance policy in owner of record at date of conveyance shall be furnished by Seller for examination by Buyer not less than thirty (30) days before the last scheduled payment. Both Seller and Buyer agree that the subject property is part of the Enterprise Industrial District being developed by Seller. Buyer agrees to use the above described real property only in conformity with the City of Canton Zoning Ordinance (now codified as Title 10, Chapter 1 through 20, inclusive, of the Canton Municipal Code) as the same is now promulgated and as the same may hereafter be amended. Buyer agrees to use the above described real property in conformity with all applicable rules or regulations of the State of Illinois Environmental Protection Agency, of the Federal Environmental Protection Agency, and of the Federal Aviation Administration (with respect to the height and placement of improvements on the subject real property, as well as other associated matters). Buyer recognizes that Seller has developed restrictive covenants and other land use controls, which are attached hereto and made a part hereof as Exhibit "B", to be applied 2 to the Enterprise Industrial District, of which the above described real property is a part. Buyer hereby irrevocably agrees that he shall take title to the above described real property subject to any and all such restrictive covenants or and use controls developed by the City of Canton. Still, further, both Seller and Buyer agree that part of the mutual inducements forming a part of this Agreement is the creation and retention of jobs in the Enterprise Industrial District. Accordingly, Seller and Buyer both hereby agree that gross sales price set forth on Page 1 of this Agreement shall be modified as follows: A sum equal to $115.00 multiplied by the number of permanent jobs created by Buyer one year from the date hereof shall be deducted from the aforesaid gross sale price. For purposes of this paragraph, a "permanent job" shall be any job created by the Buyer and reported to the State of Illinois by Buyer for State Income Tax purposes on the first anniversary of this Agreement which is then permanently filled. The number of such permanent jobs shall be certified to the Canton City Council by the City of Canton's Community Development Director and Buyer hereby irrevocably agrees to abide by the number of permanent jobs so certified. Buyer agrees to make its books and records available to the City of Canton, its officers and employees for purposes of such certification. Such modification shall be made by Seller within sixty (60) days after the first anniversary of this Agreement. Seller shall, within such period, reimburse to Buyer that portion, if any, of the gross sales price, computed as aforesaid, without interest, within said sixty (60) day period. Notice shall be given to any party hereto by United States mail, certified mail, return receipt requested, and directed to the following addresses: To Seller: City Clerk City Building 210 East Chestnut Street Canton, Illinois 61520 Any notice given to the Seller shall include an informational copy, mailed as aforesaid, and addressed to the attention of the City Attorney at the above stated address. To Buyer: Michael Harmon 1100 West Locust, Box 19 Canton, Illinois 61520 OTHER TERMS AND CONDITIONS: Notwithstanding the provisions of this Agreement found at Page 1 hereof, the gross sales price set forth at Page 1 of this Agreement shall not be modified so as to fall below a modified gross sales price of $2,300.00. Both Seller and Buyer covenant and agree that the covenants, terms and conditions of this Agreement shall survive the closing herein contemplated and shall continue to be binding upon each of said parties. 3 Both Seller and Buyer irrevocably covenant and agree that part of the mutual consideration supporting this Agreement is the Buyer's agreement to create existing jobs in the Enterprise Industrial District or Buyer's agreement to create new jobs in the Enterprise Industrial District. In the event that the Buyer has not created or retained those permanent jobs represented by Buyer to Seller to be created then Seller may, in its sole and exclusive option, declare this agreement a nullity and enter upon and retake possession of the aforesaid premises without notice to Buyer and without process of law. Buyer shall from the date hereof and during the pendency of this agreement pay all general real estate taxes on the above described premises and pay all special assessments thereon, if any, saving Seller whole and harmless therefrom. Both Seller and Buyer irrevocably covenant and agree to share equally in the cost of surveying the premises which are the subject of this agreement said for the purpose of dividing lot #15 as requested by the Buyer. IN WITNESS WHEREOF, Seller and Buyer have executed duplicate originals of this Agreement for Sale of Real Estate as of the date first above-mentioned. BUYER: Michael Harm SELLER: City of Canton, an Illinois municipal corporation By: ~ By: ael on Donald E. Edwards, Mayor Date: ~~~ ~i ~ " Date: ~ ~- ~~ ~ ~ 7 Address: lloo w. Locust, sox 19 Canton, IL 61520 Phone: 309/647-0260 (CORPORATE SEAL) Address: 210 E. Chestnut Street Canton, IL 61520 Phone 309/647-5022 ATTEST: _ City Clerk 4 "EXHIBIT B" MASTER DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS The CITY OF CANTON, an Illinois municipal corporation, on the day and date shown at the end hereof makes this Master Declaration of Covenants, Conditions and Restrictions pursuant to a reservation contained in each deed of lots heretofore conveyed and as owner of lots remaining for the purpose of establishing a general plan for the development of the (Canton) Enterprise Industrial District, (a subdivision, plat recorded on October 26, 1984, Slide 215, Fulton County, Illinois land records) so that all of the lots listed in Exhibit A will be held, occupied, sold and conveyed subject to the following easements, restrictions, covenants, conditions, liens and charges set out in this Declaration and referred to as the restrictions, all of which shall run with the real property described in Exhibit A and be binding on all parties having any right, title, or interest in the property or any part thereof, and on their heirs, successors and assigns. These restrictions inure to the benefit of each owner of the real property described in Exhibit A and every part of it as a servitude in favor of each and every parcel of it as the dominant tenant and maybe enforced by the Declarant, its successors and assigns, each owner (as defined herein) or the owners' successors and assigns. ARTICLE I Unless the context otherwise specifies or requires, the following words or phrases, when used in this Declaration have the meaning specified here: A. Declarant means the City of Canton, an Illinois municipal corporation and its successors and assigns. B. Lot means a legally described plot of real estate as shown on the recorded subdivision plat. C. Restrictions means this Declaration, together with any and all suggested declarations which maybe adopted by Declarant. D. Master Declarations means this instrument as amended from time to time. E. Owner means either Declarant or any person who is either the grantee of the fee simple estate by conveyance or his/her successor or assign or the purchaser under a contract for deed for a lot in the Canton Enterprise Industrial District. F. Person means the natural individual or any other entity with the legal right to own or hold title to real property. 5 ARTICLE GENERAL RESTRICTIONS A. No lot may be used for any residential purpose including overnight parking of occupied recreational vehicles. B. No action can be taken nor can any use be made of lots or parts thereof within the Canton Enterprise Industrial District which constitutes a nuisance or violates any applicable public law, ordinance or regulations. C. No shed, tent or temporary building can be erected, maintained or used on any lot. However, temporary buildings for use and used only for purposes incidental to the initial construction of improvements can be constructed provided that the temporary buildings and promptly removed within 30 days after completion of the construction work. D. Business signs of the customary and usual nature are permitted provided however: (1) That no flashing signs are permitted (2) That there be no more than two signs per business. These may be double sided buy may not exceed 50 square feet per side. (3) that if a sign ordinance be adopted by the City of Canton, said ordinance shall apply except in cases of conflict when these restrictions shall apply. E. No weeds, rubbish, debris objects or material of any kind can be placed or permitted to accumulate on any portion of any property that renders that portion unsanitary, unsightly, offensive or detrimental to any property in its vicinity. F. No noxious or offensive trade or activity can be carried on upon any portion of the property no shall anything be done or maintained on the property that is or becomes an annoyance or nuisance to neighboring properties. G. No disable or inoperative machinery or equipment may be allowed to remain on any lot for more than 30 days. No machinery or equipment of any kind can be placed operated or maintained on any lot except machinery or equipment that is usual and customary in connection with the basic use of the property. H. No salvage yards or junkyards as the same are defined by the city zoning ordinance shall be permitted. MORTGAGE PROTECTION GENERAL PROVISIONS 1) Terms: The covenants, conditions and restrictions of this Declaration shall run until October 30, 2009. After that date, covenants, conditions and restrictions are automatically extended for successive periods of ten years each unless extinguished or 6 amended by a written instrument executed by at least 75 percent of the owners of lots in Canton's Enterprise Industrial District and recorded with the Fulton County Land Records. 2) Right of Enforcement: Except as otherwise provided in this Declaration, any owner of any lots within the Enterprise Industrial District has the right to enforce any or all of the provisions of these restrictions on any property within the Enterprise Industrial District and its owners. 3) Violations and Nuisance: Every act or omission where any provision of these restrictions violated in whole or in part is here declared to be a nuisance and can be enjoined or abated, whether or not the relief sought is for negative or affirmative action by Declarant, or any owners of lots within the enterprise Industrial District. However, any other provisions to the contrary notwithstanding, only declarant, can enforce by self-help any of the provisions of these restrictions, and only if the self-help is preceded by reasonable notice to the owner involved. 4) Violation of Law: Any violation of any state, municipal, or local law, ordinance, or regulation pertaining to the ownership occupation, or use of any property within Enterprise Industrial District is hereby declared to be a violation of the restrictions and subject to any or all of the enforcement procedures set forth in these restrictions. 5) Captions. All captions and titles used in this Declaration are intended solely for convenience or reference and do not affect the substance set forth in any provision. MORTGAGE PROTECTION Mortgage priority shall be maintained in that no breach of the covenants, conditions or restrictions contained in this Declaration shall affect, impair, defeat or render invalid the lien or charge of any mortgage made in good faith and for a value encumbering any lot. All covenants and restrictions are binding upon any owner whose title is derived through foreclosure, deed in lieu of foreclosure or otherwise with respect to a lot. Exhibit A Lots 2 through 23 and Outlots 1 through 2A of Enterprise Industrial District, City of Canton, Fulton County, Illinois 7 OFFICIAL RECEIPT / MISCELLANEOUS INCOME ~/ ~ 1 Z L~ City of anton, 19 RECEIVED FROM $ ~? S~ ~ DO oilers ~ cents The sum of o too DOLLARS In payment for ~l~ rl -~----,~ _ cJ e _ , n _ , ~ This receipt Is made wltR a carbon copy which is an ezacf CITY OF CA N, ILLINOIS duplicate-any alterations or erasures made after it has been torn from book will render this receipt void. Always get a receipt for every payment. B City Clerk Trey ~o ~ so750 ,ice 2 6 9 3 saoo~2alsas ~/-~~ 9'7 i $S~s~°: NOpNtlSTBANKS Canton. IL 81520 II/1I 1I ~1I ~:07Li1OL307~: 5400L2854611' 02693 HARMON TRUCKING a-s2 R.R.2 PH. 647-0260 ``~ CANTON, IL 61520