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O-95-47ORDINANCE NO. 0 -95 -47 AN ORDINANCE AMENDING ORDINANCE NO. 0 -92 -15 . (RECAPTURE ORDINANCE) Published in pamphlet form this 18th day of December 1 1995, by the President and Board of Trustees of Deerfield. 1KS \70390.1 12/1/95 ORDINANCE NO. 0 -95 -47 AN ORDINANCE AMENDING ORDINANCE NO. 0- 92715 (RECAPTURE ORDINANCE) WHEREAS, the Corporate Authorities of the Village of Deerfield adopted Ordinance No. 0 -92 -15 on April 6, 1992, providing for the recapture of a portion of certain costs of underground and surface improvements installed in the course of the construction of a residential subdivision within the Village of Deerfield; and WHEREAS, Ordinance No. 0 -92 -15 provided that the portion of said costs allocable to certain benefited property legally described therein (the "Benefited Property ") would be determined at such time as the actual final costs of the improvements were available and that thereafter Ordinance No. 0 -92 -15 would be amended to set forth said actual final costs. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS, AS FOLLOWS: SECTION That pursuant to the provisions of Section One of ONE: Ordinance 0 -92 -15 the Corporate Authorities of the Village of Deerfield have determined that the actual final cost of the improvements related to the development of the property described in Ordinance 0 -92 -15 and allocable to the Benefited Property is $130,245.00. SECTION That the owner of the Benefited Property legally TWO: described as follows: Lots 133 and 134 in the Subdivision of J.S. Hovland's first addition to Deerfield, a Subdivision of the Southwest Quarter (expect the Northwest Quarter of the Northwest Quarter thereof) of Section 32, Township 43, North, Range 12, East of the Third Principal Meridian, in Lake County, Illinois shall not receive final plat approval for development of the Benefited Property unless and until the owner of the Benefited Property shall provide evidence to the Village of Deerfield that the payment described in Section One hereof shall have been made to the owner or the owner's designated successors and assigns. JKS \70390.1 12/1/95 ORDINANCE NO. 0 -95 -47 AN ORDINANCE AMENDING ORDINANCE NO. 0 -92 -15 (RECAPTURE ORDINANCE) SECTION That Ordinance No. 0 -92 -15 shall remain in full THREE: force and effect except to the extent specifically amended hereby. SECTION This Ordinance shall be in full force and effect FOUR: upon the passage and approval thereof in the manner provided by law. AYES: Ehlers, Seidman, NAYS: Heuberger (1) ABSENT: Rosenthal (1) PASSED this 18th day of APPROVED this rgth day Swanson, Swartz (4) December A.D., 1995. of December A.D., 1995. ILLAGE PRESID NT ATTEST: 1KS00390.1 12/1/95