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R-95-14RESOLUTION NO. R -95 -14 RESOLUTION AUTHORIZING THE CONSIDERATION OF ANNEXATION OF RED ROOF INN PROPERTY WHEREAS, the Village of Deerfield is a home rule unit of local government by virtue of the provisions of the Illinois Constitution of 1970; WHEREAS, in the exercise of its home rule powers the Village of Deerfield has entered into an Intergovernmental Agreement dated July 25, 1995 by and between the Village of Deerfield and the Village of Northbrook and known as the "Lake -Cook Road Corridor Agreement "; WHEREAS, pursuant to Section 3D of the Lake -Cook Road Corridor Agreement the parcel described therein as the "Red Roof Inn Parcel" is subject to future annexation by the Village of Deerfield; WHEREAS, pursuant to a certain Settlement Agreement dated January 22, 1987 by and between Red Roof Inns, Inc., an Ohio corporation and the Village of Deerfield (the "Settlement Agreement "), all matters and controversies in a certain case filed in the Circuit Court of Cook County, Illinois and known as Case No. 86 CH 7154 were settled and compromised; WHEREAS, pursuant to Section 7 of the Settlement Agreement Red Roof Inns, Inc. agreed to seek annexation of the Red Roof.. Inn Parcel to the Village of Deerfield upon the request of the corporate authorities of the Village of Deerfield embodied in a duly adopted Resolution; and WHEREAS, the corporate authorities of the Village of Deerfield, after a full consideration of all issues affecting this matter, have determined that it is in the best interest of the public welfare of the Village of Deerfield and the residents thereof that the Village of Deerfield request annexation of the Red Roof Inn Parcel as referred to in the aforementioned Settlement Agreement and Lake -Cook Road Corridor Agreement. NOW, THEREFORE, BE IT RESOLVED by the Corporate Authorities of the Village of Deerfield, Lake and Cook Counties, as follows: SECTION ONE: That the Corporate Authorities of the Village of Deerfield do find that the consideration of the annexation of the Red Roof Inn Parcel as described in both the Lake -Cook Corridor JKS \58253.1 8/15/95 RESOLUTION NO. R -95 -14 Agreement and the Settlement Agreement be undertaken, and the corporate authorities of the Village of Deerfield hereby request the owner of the Red Roof Inn Parcel to petition the Village of Deerfield for annexation of the Red Roof Inn Parcel. SECTION TWO: That the Village Clerk is hereby directed to furnish a certified copy of this Resolution to both Red Roof Inns, Inc. and the Village Clerk of the Village of Northbrook. SECTION THREE: That this Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Ehlers, Heuberger, Rosenthal, Seidman, Swanson, Swartz (6) NAYS: None (0) ABSENT: None (0) PASSED this 21st day of August A.D., 1995. APPROVED this 21st'day of August A.D., 1995. 'VILLAGE PRESIDENT ATTEST: VXZACE CLERK JKS\58253.1 8/15/95