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R-99-04RESOLUTION NO. R-99-04 A RESOLUTION AUTHORIZING THE PAYMENT OF PRELIMINARY COMPENSATION WHEREAS, the Village of Deerfield is authorized to acquire real estate, including the right to exercise eminent domain if necessary, for the purpose of acquiring real estate for downtown redevelopment purposes pursuant to the provisions of 5/11 -61 -1 and 5/11- 74.4 -4 of Chapter 65 of the 1996 Illinois Compiled Statutes; and WHEREAS, by Ordinance No. 0- 98 -20, the Village of Deerfield authorized the acquisition of certain real estate within the southwest quadrant of the Village Center Project Area for the purposes of downtown redevelopment; and WHEREAS, pursuant to Ordinance No. 0- 98 -20, an action in eminent domain was filed to acquire a certain parcel of land described in Ordinance No. 0 -98 -20 and commonly known as 750 Central Avenue, Deerfield, Illinois (H.D. Electric Building); and WHEREAS, said eminent domain action is currently pending in the Circuit Court of Lake County, Illinois, as Village of Deerfield v. The H.D. Electric Company, et al., No 98 ED 23 (hereinafter "Litigation "); and WHEREAS, the Village of Deerfield has filed a Motion for Immediate Vesting of Title ( "Quick- Take "); and WHEREAS, the Defendant has agreed to the entry of an Order granting the Motion for Immediate Vesting of Title, the terms of that Order being set forth in Exhibit A attached hereto and made a part hereof, and the corporate authorities of the Village of Deerfield desire to approve said terms and conditions of the Order. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF DEERFIELD: SECTION The terms and conditions of the Order granting the Motion for ONE: Immediate Vesting of Title in 98 ED 23, as set forth in Exhibit A, are hereby approved. The Village of Deerfield shall pay preliminary compensation for the taking of the property of $920,000. SECTION Special Counsel for the Village of Deerfield, Joseph T. Morrison, is TWO: hereby authorized and directed to obtain a final order in the Litigation vesting title in the Village of Deerfield. RESOLUTION NO. R -99-0 4 A RESOLUTION AUTHORIZING THE PAYMENT OF PRELIMINARY COMPENSATION SECTION Special Counsel for the Village of Deerrfield, Joseph T. Morrison, is THREE: hereby authorized and directed to take such other actions as may be required in the Litigation to determine the final amount of just compensation and make further reports to the President and Board of Trustees as may be required. AYES: Ehlers, Heuberger,. Rosenthal, Seidman, Swanson, Swartz (6) NAYS: None (0 ) ABSENT: None (0 ) PASSED this 5th day of April , A.D., 1999. APPROVED this Sthday of April , A.D., 1999. V' age President Vilyge Clerk IN THE CIRCUIT COURT OF THE NINETEENTH JUDICIAL CIRCUIT, LAKE COUNTY, ILLINOIS VILLAGE OF DEERFIELD, a municipal ) corporation, ) Plaintiff, vs. THE H.D. ELECTRIC COMPANY, an Illinois corporation; ROBERT HOFFMAN; MARK HOFFMAN; LASALLE NATIONAL TRUST, NA, as Successor Trustee to LASALLE NATIONAL BANK as Trustee under Trust Agreement dated February 5, 1985, and known as Trust No. 25 -2850- 000; LASALLE BANK NORTHBROOK; and UNKNOWN OWNERS, Defendants No. 98 ED 23 AGREED ORDER -1- THIS CAUSE coming on to be heard for hearing upon the Motion for Immediate Vesting of Title filed by the Plaintiff, VILLAGE OF DEERFIELD, with Attorney Joseph T. Morrison appearing on behalf of the Plaintiff, VILLAGE OF DEERFIELD, and Attorney John Foran of Foran, Nasharr & O'Toole, appearing on behalf of Defendants H.D. ELECTRIC COMPANY, ROBERT HOFFMAN, MARK HOFFMAN, and LASALLE NATIONAL TRUST, NA, as Successor Trustee to LASALLE NATIONAL BANK as Trustee under Trust Agreement dated February 5, 1985, and known as Trust No. 25- 2850 -000, due notice having been given to all Defendants, and the parties having stipulated as to an amount of preliminary just compensation, and the Court otherwise being otherwise fully advised, the Court hereby finds that: I . The Plaintiff has the authority to exercise the right of eminent domain, the property sought to be taken herein is subject to the exercise of such right, and such right is being properly exercised in this proceeding. 2. A reasonable necessity exists for the taking of the property described in the Complaint to Condemn filed by the Plaintiff, and in Plaintiffs Motion for Immediate Vesting of Title in the matter stated in said Motion. 3. It is evident that the Defendant's property is required for the redevelopment project of the Plaintiff, and that a need exists to acquire title. to that property of the Defendants in order to meet the schedule or plan of the Plaintiff. 4. Pursuant to the stipulation of the parties, the preliminary just compensation for the taking of fee simple title of the real estate described in the Complaint to Condemn and in the Motion for Immediate Vesting of Title is a total of NINE HUNDRED TWENTY THOUSAND DOLLARS ($920,000.00). Therefore, it is hereby ordered that: a. The preliminary just compensation for the taking of Defendant's property is deemed to be a total of NINE HUNDRED TWENTY THOUSAND DOLLARS ($920,000.00). b. The Plaintiff shall within 30 days from the date of the entry of this Order deposit with the County Treasurer of Lake County, Illinois, the preliminary just compensation in the amount of NINE HUNDRED TWENTY THOUSAND ($920,000.00). C. After deposit of said amount, the Plaintiff shall be entitled, upon proper notice to all interested parties or their counsel of record, to an order vesting title with fee simple title to the real estate described in the Complaint to Condemn, and any and all existing rights of the Defendants shall be extinguished. d. Plaintiff and Defendant will attempt to agree upon a date vesting title in the Plaintiff, but in no event shall this date be after July 1, 1999. -2- 0 FR10M MO RR I SC1r+ 2 MGRR I SO4, P. C. PiOjE r-O. . e47244459 `.:. _ er, 17 1999 12•ia "M 02 e. Upon entry of the order vesting title, any and all existing rights of the Defendants in the real estate shall be extinguished, and the Plaintif` shall be authorizod to take possession of the property described in the Complaint to Condemn on the date specified in that order vesting title. That property Is legally described on P)e attached Et t A. ENtERl_D this IV day of March, 1999, Ag Morrison, Attorney for Plaintiff Order prspared by: Joseph T. Morrison MORRISON & MORRISON, P.C. 32 N. West Street Waukegan, IL 60085 847 -244 -2680 Attorney No. 6182078 GNQRLES F. SCOTT Judge -3- EXHIBIT A LEGAL DESCRIPTION LOT 5 IN BLOCK 3 IN HALL AND OSTERMAN'S ADDITION TO THE TOWN OF DEERFIELD'IN THE NORTHEAST QUARTER OF SECTION 32 AND THE NORTHWEST QUARTER OF SECTION 33 TOWNSHIP 43 NORTH, RANGE 12, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED JUNE 2, 1874 IN BOOK "A" OF PLATS, PAGE 16, IN LAKE COUNTY, ILLINOIS ,f_