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O-00-45ORDINANCE NO. 0-00- 4 5 AN ORDINANCE AMENDING SECTION 22 -169 OF ARTICLE 21 OF CHAPTER 22 OF THE MUNICIPAL CODE OF THE VILLAGE OF DEERFIELD Published in pamphlet form this 18ti-day of December , 2000 by the President and Board of Trustees of Deerfield JKS 291428 v1 ORDINANCE NO. 0 -00- 4 5 AN ORDINANCE AMENDING SECTION 22 -169 OF ARTICLE 21 OF CHAPTER 22 OF THE MUNICIPAL CODE OF THE VILLAGE OF DEERFIELD BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD, LAKE AND COOK COUNTIES, ILLINOIS AS FOLLOWS: SECTION That Section 22 -169 of Article 21 of Chapter 22 of the Municipal Code of ONE: the Village of Deerfield of 1975, entitled "Exhibit I. Traffic Control Agreements: ", as amended be and the same is hereby further amended by adding to the list of locations for establishment of speed and traffic control restrictions, the following: "Deerfield Square. Those portions of the Deerfield Square property, as more fully described in a certain Agreement dated November 2 0, 2000, by and between the Village of Deerfield and Deerfield Square Limited Partnership." SECTION That the Village Clerk is hereby directed to publish this Ordinance in TWO: pamphlet form. SECTION That this Ordinance shall be in full force and effect from and after its FIVE: passage, approval and publication as provided by law. AYES: Harris, Ragona, NAYS: None (0 ) ABSENT: Heuberger (1) PASSED: This 18 th day of APPROVED: This 18 th day of ATTEST: Rosenthal, Seiden, Swanson (5) December December ; W-1 r-1:1rt, W� JKS 291428 v1 A.D., 2000. A.D., 2000. V LLAGE PRESIDEN Agreement Traffic THE VILLAGE OF DEERFIELD, a municipal corporation in the State of Illinois (hereinafter referred to as "the Village "), and Deerfield Square Limited Partnership. (hereinafter referred to as "Owner`), do hereby covenant and agree, one with the other, THAT: WHEREAS. Owner is the owner of the property known as Deerfield Square developed on certain real property, located in the Village; and WHEREAS, access roads have been established within the property entirely on private property of the Owner; and WHEREAS, the constant assurance of safe and controlled vehicular access to the property for its customers and employees is desirable for the purpose of providing maximum protection of life and property; and WHEREAS, the Municipal Code of the Village provides the means of establishing and controlling such access .through the establishment of speed and traffic control restrictions; NOW, THEREFORE, in consideration of the mutual covenants herein contained, and the reciprocal benefits to the parties, it is agreed as follows: 1. That this Agreement is entered into pursuant to the provisions of CH 65 ILCS 5/1 -1 -7 and CH 625 ILCS 5/11 -209 (1994), as amended and CH 22 -213 of the Municipal Code of the Village.. 2. That the Owner requests and authorizes the Village to establish and maintain traffic control restrictions within the property at the locations as depicted on the plat attached hereto as Exhibit B and made a. part hereof. 3. That the Village agrees upon execution hereof to post the appropriate official stop signs as required pursuant to CH 22 -164. Exhibit D of the Municipal Code of the Village, which will add the locations depicted on Exhibit B hereto as Stop street intersections. 4. That a speed limit of 25 miles per hour shall be established on the roadway depicted on Exhibit B. 5. That said roadway shall be appropriately posted with stop signs and speed limit siggns and the Owner shall pay the cost of said signs and the cost of installation and maintenance thereof. That the Village agrees upon execution hereof to post the appropriate official One Way and Do Not Enter signs as required pursuant to CH 22 -162 Exhibit B of the Municipal Code of the Village, which will add the locations depicted on Exhibit B hereto as a One Way Street. 7. That the Village agrees upon execution hereof to post the appropriate official No Left Turn sign required pursuant to CH 22 -45 of the Municipal Code of the Village, which will add the location depicted on Exhibit B hereto as a No Left Turn intersection. 8. That the Village shall enforce the speed limit, traffic control restrictions, and other vehicular movement violations, which, contribute to accidents and the unsafe operation of vehicles. 9. That'the establishment of said speed limits and traffic controls and the enforcement of these restrictions by the Village in no way constitutes a dedication of any of the Owner's real property to public use. 10. That either the Village or the Owner reserves the right to update or cancel this Agreement at any time. 11. That this Agreement shall be binding upon any and all successors, assigns or grantees of Owner. 12. That the Village will cause this Agreement to be promptly recorded with the Lake County Recorder of Deeds Office at the Owner's expense. IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by the appropriate officers and their corporate seals affixed this 20thday of November, 2000. VILLAGE OF DEERFIELD. ILLINOIS BY A*.�-Lz MAyo1C. i Village Clerk Deerfield Limit artnershi BY EST: a