Included - Village of Huntley
Transcription
Included - Village of Huntley
PUBLIC MEETING NOTICE AND AGENDA VILLAGE OF HUNTLEY VILLAGE BOARD MEETING THURSDAY, MAY 8, 2014 7:00P.M. 1. Call to Order 2. Pledge of Allegiance 3. Public Comments 4. Public Hearing - Annexation of 131 +/- acres adjacent to the south boundary of Freeman Road and immediately east of and adjacent to the Huntley Outlet Mall A public hearing will be held before the Board of Trustees of the Village of Huntley upon the application of Co-Petitioners, namely Component Management Group, LLC, Weber-Stephen Products, LLC and Duke Realty Limited Partnership for the purpose of considering and hearing testimony as to an ordinance authorizing the execution of an Annexation Agreement in regard to the annexation of the Subject Property to the Village of Huntley 5. Consent Agenda: (All items listed under Consent Agenda have been discussed at the Committee of the Whole and may be approved/accepted by one motion. The Village Clerk will number all Ordinances and Resolutions in order, following approval) a) Approval ofthe May 8, 2014 Bill List in the amount of$185,090.64 b) Approval of an Ordinance Approving (i) a Plat of Resubdivision and (ii) Site Plan Review including approval of such relief and (iii) waiver of fees to accommodate the proposed office/warehouse facility at 13700 George Bush Court c) Consideration of an Ordinance Annexing approximately 131 acres adjacent to the south boundary of Freeman Road and immediately east of and adjacent to the Huntley Outlet Mall as requested upon the application of co-petitioners Component Management Group, LLC, Weber-Stephen Products LLC and Duke Realty Limited Partnership to the Village of Huntley Kane and McHenry Counties d) Approval of an Ordinance Rezoning Upon Annexation approximately 131 acres adjacent to the south boundary of Freeman Road and immediately east of and adjacent to the Huntley Outlet Mall from "F" Farming in Kane County to "ORI-PUD" Office I Research I Industrial Planned Unit Development and Preliminary Plat of Subdivision, Preliminary Planned Unit Development, and Special Use Permit for Component Management Group, LLC, Weber-Stephen Products LLC and Duke Realty Limited Partnership e) Approval of an Ordinance Authorizing the Execution of an Annexation Agreement for approximately 131 acres adjacent to the south boundary of Freeman Road and immediately east of and adjacent to the Huntley Outlet Mall with Component Management Group, LLC, Weber-Stephen Products LLC and Duke Realty Limited Partnership 2 f) Approval of an Ordinance Authorizing the Approval and Execution of a Business Development Agreement between the Village of Huntley, Duke Realty Limited Partnership and Weber-Stephen Products LLC g) Approval of a Resolution for a FY14 Budget Amendment to the Municipal Building Fund in the amount of $25,000.00 for Village Board Room updates 6. Items Removed from the Consent Agenda a) Approval of a Resolution Authorizing Waiving the Formal Bidding Process and Authorizing Execution of a Contract with Peerless Fence of West Chicago, IL for Installation of the Kreutzer Road Sight Barrier 7. Village Attorney' s Report 8. Village Manager' s Report 9. Village President's Report 10. Unfinished Business 11. New Business 12. Executive a) b) c) d) e) f) g) h) i) Session Probable or Imminent Litigation and Pending Litigation Contractual Property Acquisition, Purchase, Sale or Lease of Real Estate Appointment, Employment, Dismissal, Compensation, Discipline and Performance of an Employee of the Village of Huntley Collective Bargaining Appointment, Discipline or Removal Public Officers Appointment of a Public Officer Review of Closed Session Minutes Other 13. Possible Action on any Closed Session Item 14. Adjournment MEETING LOCATION Village of Huntley Municipal Complex I 0987 Main Street Huntley, IL 60142 The Village of Huntley is subject to the requirements of the Americans with Disabilities Act of 1990. Individuals with disabilities who plan to attend this meeting and who require certain accommodations in order to allow them to observe and/or participate in this meeting, or who have questions regarding accessibility of the meeting or the facilities, are requested to contact Mr. David Johnson, Village Manager at 847-515-5200. The Village Board Room is handicap accessible. 3 May 1, 2014 Committee of the Whole Meeting Agenda Item: Public Hearing – Annexation of 131+/- acres adjacent to the south boundary of Freeman Road and immediately east of and adjacent to the Huntley Outlet Mall Department: Development Services, Planning and Zoning Division A public hearing will be held before the Board of Trustees of the Village of Huntley upon the application of Co-Petitioners, namely Component Management Group, LLC, Weber-Stephen Products, LLC and Duke Realty Limited Partnership for the purpose of considering and hearing testimony as to an ordinance authorizing the execution of an Annexation Agreement in regard to the annexation of the Subject Property to the Village of Huntley Exhibit • Public Hearing Notice 4 PUBLIC HEARING BEFORE THE VILLAGE BOARD OF TRUSTEES OF THE VILLAGE OF HUNTLEY IN THE MATTER OF THE APPLICATION OF Component Management Group, LLC, Weber-Stephen Products, LLC and Duke Realty Limited Partnership c/o Peter C. Bazos, Esq. 1250 Larkin Ave., Suite 100 Elgin, IL 60123 ) ) ) ) ) ) LEGAL NOTICE Notice is hereby given by the Village of Huntley, Illinois, in compliance with its municipal codes and ordinances, that a public hearing will be held before the Board of Trustees of the Village of Huntley upon the application of Co-Petitioners, namely Component Management Group, LLC, Weber-Stephen Products, LLC and Duke Realty Limited Partnership relating to the following described real estate (the “Subject Property”): The legal description of the Real Estate that is the subject of this Legal Notice is comprised of the following described real estate, or such lesser portion thereof as may ultimately be approved for annexation and development by the Co-Petitioners and by the Village of Huntley: Parcel 1: That part of the northeast ¼ and that part of the northwest ¼ of the southeast ¼ of Section 16, Township 42 north, Range 7 east of the Third Principal Meridian, lying northerly of the northerly right of way line of the Northwest Toll Highway (excepting therefrom that part of the northwest ¼ of the southeast ¼ lying easterly of a line that is 145.0 feet westerly of, measured at right angles thereto, and parallel with the east line of said northwest ¼ of the southeast 1/4 , and also excepting that part of the northwest ¼ of the southeast ¼ taken by the Illinois State Highway Commission as parcel #N-4C-40.1) in the Township of Rutland, Kane County, Illinois. Parcel 2: That part of the northwest ¼ of the southeast ¼ of Section 16, Township 42 north, Range 7 east of the Third Principal Meridian, lying northerly of the northerly right of way line of the Northwest Tollway and lying easterly of a line 145 feet westerly, measured at right angles and parallel with the east line of the west ½ of the northeast ¼ and said line extended southerly (except that part taken for highway) in Rutland Township, Kane County, Illinois. 5 commonly known as approximately 165 acres adjacent to the south boundary of Freeman Road and immediately east of and adjacent to the Huntley Outlet Mall. The public hearing on this application will take place at the meeting of the Board of Trustees held on Thursday, May 8, 2014 at 7:00 PM, at the Village Board Room, 10987 Main Street, Huntley, Illinois 60142, for the purpose of considering and hearing testimony as to an ordinance authorizing the execution of an Annexation Agreement in regard to the annexation of the Subject Property to the Village of Huntley, Illinois. It is proposed that the Subject Property be zoned ORI-PUD and used for an office/research/industrial development within the ORI-PUD zoning district with those uses allowed in the Village of Huntley’s ORI zoning district, as amended by the proposed Annexation Agreement. An accurate map of the Subject Property proposed to be annexed to the Village and the form of the proposed Annexation Agreement are on file with the Village Clerk. You are further notified that the proposed Annexation Agreement may be changed, altered modified, amended or redrafted in its entirety after the public hearing. All interested parties are invited to attend this public hearing and will be given an opportunity to be heard. The public hearing may be continued or adjourned to a new date, time, and place in accordance with the requirements of the Illinois Open Meetings Act. By order of the Corporate Authorities of the Village of Huntley, Kane County and McHenry County, Illinois. /s/ Rita McMahon Village Clerk Village of Huntley TO BE PUBLISHED IN THE NORTHWEST HERALD ON APRIL 23, 2014 6 DRAFT ANNEXATION AGREEMENT Re: Duke Realty Corporation Huntley DC Subdivision THIS AGREEMENT, made and entered into this _____ day of May, 2014, by and between THE VILLAGE OF HUNTLEY, an Illinois municipal corporation, (hereinafter referred to as the “Village”), and Component Management Group, LLC (hereinafter referred to as “Owner”), and Duke Realty Limited Partnership, an Indiana limited partnership, being the contract purchaser of a portion of the Development Property hereafter described (hereinafter referred to as “Purchaser”). The Village, the Owner and the Purchaser are each sometimes hereafter individually referred to as a “Party” or collectively as the “Parties”. W I T N E S S E T H: WHEREAS, the Owner is the legal owner of record of approximately 131.1 acres of real property legally described and depicted on the Plat of Annexation attached hereto as Exhibit A-1 and by this reference incorporated herein and made a part hereof (hereinafter referred to as the “Property”); and WHEREAS, that approximate 123.4 acre portion of the Property that is intended to be developed as hereafter described shall sometimes be referred to as the “Development Property”, or as all Lots within the Subdivision, while the eastern-most approximate 6.8 acres of the Property (the “Contiguity Property”) is not intended to be developed and is included only to achieve contiguity of the Village’s corporate limits to the unincorporated land to the East and the remainder of the Property is to be dedicated as additional right-of-way for Freeman Road; and WHEREAS, the Property is presently situated within the unincorporated areas of Kane County and is adjacent and contiguous to the corporate boundaries of the Village; and WHEREAS, no electors reside on the Property; and 1 WHEREAS, the Purchaser is the contract purchaser from the Owner of the approximately 89.76 acre portion of the Development Property which is legally described on Exhibit A-2 attached hereto and depicted as Lot 1 (with Lot 1 and Outlot A and Outlot B collectively referred to herein as “Lot 1”) on the preliminary plat of subdivision (the “Preliminary Plat”) of the Duke Realty Corporation Huntley DC Subdivision (the “Subdivision”) attached hereto as Exhibit B; and WHEREAS, the lots (collectively the “Lots” or “Subdivision Lots”) within the Subdivision (with the Subdivision being coextensive with the Development Property) are intended for development consistent with the ORI-PUD zoning (as hereafter defined); and WHEREAS, the Owner and Purchaser desire to annex the Property to the Village pursuant to the terms and conditions hereinafter set forth; and WHEREAS, the Owner and Purchaser (as assignee from Weber-Stephen Products, LLC, hereafter “Weber”), did, on March 28, 2014, jointly file an application with the Village (the “Development Application”) seeking with respect to the Property (i) annexation to the Village pursuant to Section 7-1-8 of the Illinois Municipal Code, 65 ILCS 5/7-1-8 (1992), (ii) the approval of a preliminary plat for the proposed Subdivision as to the Development Property, and (iii) the classification of the Development Property into the Village’s ORI-Office, Research, Industrial zoning district with a planned unit development (“ORI-PUD”); and WHEREAS, said Development Application seeks annexation of the Property conditional upon the execution of this Agreement; and WHEREAS, the annexation of the Property shall extend the corporate limits of the Village; and WHEREAS, it is the desire of the Parties that the use and further development of the Development Property proceed, as soon as practicable, in accordance with this Agreement and 2 the ordinances and resolutions adopted as herein provided, and with all other ordinances and codes of the Village, except as the same may be modified herein; and WHEREAS, the Parties desire to enter into an Agreement with respect to the annexation of the Property and various other matters pursuant to Section 11-15.1-1 et seq. of the Illinois Municipal Code, 65 ILCS 5/11-15.1 set seq. ; and WHEREAS, all public hearings required by law have been held pursuant to all required notices by the corporate authorities, and/or the Plan Commission of the Village upon the matters covered by this Agreement; and WHEREAS, notice has heretofore been served on all individuals and entities, both public and private, who are entitled to such notice under the laws of the State of Illinois and in particular pursuant to Section 7-1-1 of the Illinois Municipal Code, 65 ILCS 5/7-1-1; and WHEREAS, the corporate authorities of the Village, after due and careful consideration, have concluded that the annexation and development of the Property, upon the terms and conditions hereinafter set forth, would further the growth of the Village and enable the Village to control the development of the area and serve the best interests of the Village; and WHEREAS, by favorable vote of at least two-thirds (2/3) of the corporate authorities of the Village then holding office, an ordinance has heretofore been adopted authorizing the execution of this Agreement. NOW, THEREFORE, in consideration of the foregoing and the mutual covenants, conditions and agreements hereinafter set forth, the Parties hereto mutually agree as follows: ARTICLE I Recitals The foregoing recitals are hereby incorporated into and made a part of this Agreement as if fully set forth. 3 ARTICLE II Annexation Subject to the provisions of Section 7-1-8 of the Illinois Municipal Code, 65 ILCS 5/7-18, the Village agrees to enact an ordinance annexing the Property, including all adjacent unincorporated roads and highways (the “Annexation Ordinance”) immediately upon the execution of this Agreement, and the Parties respectively agree to do all things necessary or appropriate to cause the Property to be duly and validly annexed to the Village on such execution date or as soon as reasonably practicable thereafter. ARTICLE III Zoning and Subdivision Approval 3.1 Zoning District. Immediately following the execution of this Agreement and the adoption of the Annexation Ordinance, the Corporate Authorities of the Village shall adopt an ordinance in the form attached hereto as Exhibit C (the “ORI-PUD rezoning and special use ordinance”) that shall: (i) rezone the Development Property under the Huntley Zoning Ordinance as “ORI- PUD” Office, Research, Industrial District; (ii) approve a Special Use for a planned unit development for the Development Property; (iii) approve the Preliminary Planned Unit Development Plan for Lot 1 of the Development Property as attached hereto as Exhibit C (“Preliminary PUD Plan”); and (iv) approve the Preliminary Plat for the Subdivision and the associated preliminary engineering ( the “Preliminary Engineering”), each as attached hereto as Exhibit B ; and (v) allow for the variations, exceptions and departures from certain provisions of the Village Code as specifically set forth in the PUD Plan, this Agreement and as are detailed on Exhibit D attached hereto and incorporated herein (collectively, the “Variations”). 4 As soon as practicable following the annexation of the Property, the Purchaser shall proceed to file with the Village such materials as may be required to allow the Village to approve (i) a final planned unit development plan for proposed Lot 1 of the Development Property (“Final PUD”) consistent with the approved Preliminary PUD, and (ii) a final plat of subdivision (“Final Plat”) as to the Development Property consistent with the approved Preliminary Plat and Preliminary Engineering, all as more fully provide in Article IV below. It is expressly acknowledged that the Owner has elected to not pursue at this time the approval of a preliminary or final PUD Plan for portions of the Development Property outside of proposed Lot 1 (the “Remaining Lots”) and, as such, no development of the Remaining Lots may be undertaken (other than in connection with the construction of the private roadway shown on the Preliminary Plat and the installation of the utilities situated therein) until the Owner shall obtain preliminary and final PUD approval from the Village. Nevertheless, the Village acknowledges and agrees that the Owner’s Retained Lot labeled “Lot 5” on the Preliminary Plat shall be allowed to have a full, direct access to Freeman Road, which access shall be approved as part of any preliminary and final PUD approval for such Lot 5. The Parties acknowledge and agree that the Owner may, at its expense, and without the need to amend this Annexation Agreement, further extend to the south, on the Owner’s land, the private road labeled “Weber Drive” on the Preliminary Plat subject to first procuring all required Village permits. 3.2 Effect of rezoning and special use ordinance. Unless changed by the Village at Owner’s or Purchaser’s request, the provisions of the ORI-PUD rezoning and special use ordinance providing for the aforementioned ORI-PUD shall be permanent and shall remain in effect for the term of this Agreement. Such zoning shall also remain in effect after expiration of such term unless thereafter amended in accordance with applicable law by the amendment of the ORI-PUD rezoning and special use ordinance. Additionally, the Special Use granted by the 5 ORI-PUD rezoning and special use ordinance on the Development Property shall not lapse or expire at any time or upon the occurrence of any event or upon the failure of any event to occur. 3.3 Variations. Except for the Variations as set forth herein and on Exhibit D, Owner or Purchaser shall comply with all of the existing requirements of the Village of Huntley Zoning and Subdivision Ordinances and Codes and the Village of Huntley Sign Regulations unless specific relief is requested therefrom by the Owner or Purchaser and is subsequently approved by the Village of Huntley. 3.4 Additional Zoning Relief. Other than the Variations as set forth in Exhibit D, the Parties agree that, if necessary to permit Owner or Purchaser to develop the Development Property with the uses depicted on the Preliminary PUD Plan, Owner may seek additional relief from the Village from its Subdivision Regulations and Design Criteria Code and its Zoning Code including without limitation Special Use permits, further variations, planned unit development approvals, rezoning, and appropriate text amendments without need for an amendment to this Agreement. The Village agrees to give all such requests for relief prompt consideration, but does not guarantee the approval thereof and the failure of the Village to approve any request under this paragraph shall not be construed as a breach of this Annexation Agreement. 3.5 Existing Uses. It is understood and agreed between the Parties hereto that all or any portion of the Remaining Lots may continue to be used for farming prior to the development of said portion of the Development Property. Farming of the Remaining Lots may continue pending the construction of approved uses after approval of a final plat for that portion of the Development Property. After construction commences, no use of land on that lot shall be permitted except in conformity with the Huntley Zoning Ordinance and this Agreement. 6 ARTICLE IV Final Subdivision and Development Approvals 4.1 Phasing (a) The Village acknowledges and agrees that the Owner or Purchaser may present preliminary and final plans and plats of subdivision for the Development Property in up to two or more phases for the property. The Village shall review and approve the plat for each such phase subject to its applicable ordinances and regulations and the provisions of this Agreement and in accordance with the Village’s development review process. (b) Subject to Section 4.3 below, the Owner or Purchaser may develop the Development Property and install or construct the required improvements for the Development Property in phases, subject to the approval of final plats of subdivision and I.E.P.A. "Water" construction permits, except as specifically stated otherwise herein. Unless expressly set forth in this Agreement, nothing shall prevent or limit the Owner or Purchaser from developing more than one phase of the Development Property at a time. 4.2 Approval of Final PUD Plans and Final Plat. (a) The Purchaser shall, within a reasonable time after the execution of this Agreement, submit to the Village for its approval the following: (i) A proposed Final Plat and associated final engineering (“Final Engineering”) in each case consistent with the Preliminary Plat approved under the provisions of Article III, but with such modifications as to which the Parties may agree; and (ii) A proposed Final PUD for Lot 1 consistent with the Preliminary PUD Plan approved under the provisions of Article III but with such modifications as to which the Parties may agree. 7 (b) In reviewing any request for approval of a Final PUD or Final Plat for any portion of the Development Property, the Village Board shall not withhold, delay, or condition the approval of such proposed Final PUD and Final Plat that is in conformance to the requirements of this Agreement. Without limiting the preceding sentence, the Purchaser may make minor necessary or desirable changes to Final Engineering plans provided that any such changes or modifications are approved by the Village, which approval shall not be unreasonably withheld, delayed or conditioned. Minor modifications and changes to any Final PUD or Final Plat may be approved by the Village Manager or his or her designee (“Village Manager”). In preparing and submitting the Final PUD plan and the Final Plat for the Development Property, the Owner or Purchaser may, with approval of the Village, modify the general design and layout of lots, streets, rights-of-way, and improvements, required by Village ordinances, as may be necessary in order to facilitate the effective, efficient, and economical development of the Development Property; provided, however, that such additional development and design standards are agreed to as a part of the Final PUD approval process. (c) The Parties agree that, solely for purposes of Section 156.070 (D)(2) of the Village’s zoning ordinance (i) the Development Property shall be deemed to be under the unified control of the Purchaser and the Owner and (ii) as such, the Owner shall have the right to sell that portion of the Development Property herein denoted as Lot 1 to the Purchaser prior to the approval of the Final PUD plan and the Final Plat without violating said Section 156.070 (D)(2). 4.3 Initial Public Improvements (a) The Village acknowledges and agrees that Purchaser will construct those Public Improvements described in Section 9.1 below as part of the Purchaser’s creation of the Subdivision and development of Lot 1. 8 (b) In developing Lot 1, the Purchaser shall only be required to construct and install (i) the Public Improvements, (ii) the private road shown on the Preliminary Plat, and (iii) the on-site improvements within the boundaries of Lot 1 or in other areas of the Subdivision as required to serve stormwater detention with respect to Lot 1. The Owner shall be required to construct and install the stormwater detention facilities and any other on-site improvements that may be required as part of the final plat of subdivision that may hereafter be approved by the Village as to the other Lots, other than Lot 1, of the Subdivision (the “Remaining Lots”), and until such final plat and a preliminary and final planned development ordinance for said Remaining Lots are approved, no such Remaining Lot may be further developed. (c) The Village shall review and act upon the development plans and associated permit applications submitted to it for each Subdivision Lot separately and in accordance with the Village’s development review process. 4.4 Landscaping. Subject to Article XII, each developer of a Subdivision Lot that borders Freeman Road shall, as part of the development of such Lot, install a landscape berm, outside the Freeman Road right-of-way, as identified on the preliminary landscape plan approved by the Village as part of the Preliminary PUD Plan approved under Section 3.1. In connection with the development of Lot 1, the initial berm shall extend along the length of the frontage of Lot 1. Prior to the development of each of the Remaining Lots created pursuant to the Final Plat and Final PUD for those lots, a similar berm shall be created by the developer(s) of such lots. Each developer and subsequent property owner shall also be separately responsible to remove all dead landscape materials, as needed, on the Subdivision Lot being developed, and to promptly replace such plantings (subject to reasonable seasonal and weather conditions) in perpetuity in accordance with the approved Landscape Plans. 4.5 Frontage Trees. The Parties agree that as each Subdivision Lot created by the Final Plat is developed, the developer thereof shall install frontage trees and landscaping in 9 accordance with preliminary landscape plans to be approved by the Village, and in accordance with the Village’s planting specifications and guidelines, subject to final approval by the Village, provided that a developer shall not be required to install such trees except during the periods of April 15 through May 15 and September 15 through October 15 in any year (the “Planting Periods”). Required frontage trees shall be installed prior to the issuance of a certificate of occupancy for the building on the affected Subdivision Lot; provided, however, that if any building qualifies for a certificate of occupancy but for the installation of required frontage trees at a time outside the Planting Periods, the Village shall issue a temporary certificate of occupancy for each such building upon the said developer posting adequate security, (which security for frontage trees on Lot 1 may (but need not) be part of the security for the overall development of Lot 1) with the Village to assure the installation of such trees during the next Planting Period (or as soon thereafter as weather permits) and upon completion of subgrading the area. Unless otherwise approved by the Village or its designee, frontage trees and landscaping shall be selected from the species listed in the approved frontage tree/landscape plan. The developer of each Subdivision Lot shall keep in place a maintenance guarantee for all frontage trees and landscaping for a period of three (3) years from the time of acceptance by the Village in an amount to be reasonably approved by the Village. 4.6 Grading and Site Development. At any time after the execution of this Agreement and prior to approval of Final PUD or Final Plat for the Development Property or parts thereof, Owner or Purchaser may proceed at their respective risk, in accordance with the Village Subdivision Ordinance requirements, with the excavation and/or mass grading of the Development Property, the installation of erosion and sedimentation control measures, the construction of stormwater retention and detention facilities, and activities such as filling, soil stock piling, and site grading only if the following conditions have been met: (1) receipt of a grading permit as to the affected Subdivision Lot from the Village covering such activities; (2) 10 the posting of a bond in an amount approved by the Village for the reasonable cost of topsoil replacement; and (3) the submittal of any required NPDES Phase II Notices of Intent and Stormwater Pollution Prevention Plans as to the affected Subdivision Lot for approval by the Village. However, no such developer shall undertake such work except with the approval of the Village Engineer of such plans containing sufficient information to demonstrate that the work will be accomplished in accordance with good engineering practices and that the developer shall be required to take such action as may be necessary to assure that such work ultimately complies with the approved Final Engineering plans for the Development Property. ARTICLE V Signage 5.1 Signage. Purchaser may install with respect to the development of Lot 1 those signs that are depicted on the signage exhibit approved by the Village as part of the Preliminary PUD Plan approved under Section 3.1 of this Agreement. 5.2 Sign Permits. The developer of each Subdivision Lot created by the Final Plat shall file completed sign permits with the Village and the final locations of such signs on each of the Remaining Lots shall be presented on the final sign plan for such lots. 5.3 Easements for Village Signage. If requested by the Village, the Owner and Purchaser shall provide, at no cost, (i) an easement for a Village entryway sign on Freeman Road and (ii) an easement for a Village sign on the south side of the Development Property to be visible from Interstate 90, with such signage to be of such size and at such locations, and with such access as to which the Parties may mutually agree. 11 ARTICLE VI Applicable Municipal Ordinances 6.1. In General. Except as otherwise provided in this Agreement, all applications for rezoning, subdivision, variations, Special Use permits, planned unit development approvals, building or site improvement permits, or other governmental approval or relief shall be processed and subject to the applicable ordinances of the Village generally in force at the time of said application. Notwithstanding the foregoing, any amendment to the ordinances, building code, and other codes, rules or regulations of the Village that would be inconsistent with the Preliminary PUD Plan as attached, Preliminary Plat, zoning, uses and development of the Development Property as approved in this Agreement shall not apply to the Development Property to the extent of such inconsistency. 6.2. Conflicts. Should the Owner, Purchaser, or successors or assigns seek to develop any portion of the Development Property during the term of this Agreement, the Owner, the Purchaser, or their respective successors, or assigns shall, in addition to the aforesaid ordinances, comply with the requirements of this Agreement and attached exhibits. In the event of any conflict with the aforesaid ordinances and the terms of this Agreement, this Agreement and its Exhibits (including without limitation the attached Preliminary PUD Plan) shall control. ARTICLE VII Building Code 7.1. In General. The Building Code of the Village, as the same may from time- to-time be amended and modified and enforced throughout the Village, shall apply to the Property, and all construction thereon shall be in conformance with said Code, provided, that any change in the Building Code of the Village adopted after the execution of this Agreement shall not apply (a) to the construction of any improvements contemplated by the Preliminary PUD 12 Plan and for which a building permit was applied for or obtained prior to the 180th day after the enactment of the ordinance or resolution approving the Final PUD Plan and Final Plat and (b) to the construction of any improvements for which a building permit is applied for within sixty (60) days after the adoption of any change in the Building Code by the Village. 7.2 Development Exceptions. Notwithstanding anything to the contrary in the Building Code or other ordinances of the Village, but subject to the provisions of Article IV above, the following standards, procedures, and requirements shall apply to the development of the Development Property: (a) Certain permits shall be available as set forth in Section 4.6. (b) Additionally, the Owner or Purchaser may submit applications for building permits upon (i) approval of the Final Plat and (ii) the execution of said Final Plat by the Owner and Purchaser and delivery of same to the Village. Notwithstanding the provisions of Village Code Section 155.038, the Village shall issue permits for the construction and erection site work and of steel, concrete and other non-flammable portions of any building prior to the establishment of operational fire hydrants or a portion thereof for Lot 1; provided, however, prior to the erection of any framing there shall be established on-site vehicular pathways capable of supporting emergency equipment. ARTICLE VIII Final Engineering, Final Plat and Final PUD Plans 8.1. In General. The Purchaser shall cause the Public Improvements to be constructed pursuant to (i) Final Engineering plans and specifications approved by the Village as part of the Final Plat and (ii) the Final PUD Plan as to Lot 1. After such approvals, Final Engineering plans and Final PUD Plan and specifications may be modified to resolve engineering layout and design problems; provided, however, that each such modification shall receive the written approval of 13 the Village Engineer. Except as otherwise provided herein, all Final Engineering plans and specifications and the Final PUD Plan will comply with all applicable ordinances, codes, and standards in effect at the time of application for Final Plat and Final PUD approval, as the same may from time-to-time be amended and modified. In the event any conflict shall exist between (i) any such ordinance, code, or standards of the Village and (ii) any provision of this Agreement, then the provisions of this Agreement shall govern. 8.2. Conformity with Preliminary Engineering and Preliminary PUD Plans. The Village agrees to promptly approve without delay the Final Engineering plans and specifications the Final Plat, and the Final PUD Plans as submitted by the Purchaser provided that such plans and specifications are in substantial conformity, as determined by the reasonable discretion of the Village Engineer, with the Preliminary Engineering, the Preliminary Plat and the Preliminary PUD Plans as approved by the Village pursuant to Article III above. ARTICLE IX Public Improvements Generally 9.1 Construction of Public Improvements. The Purchaser shall install all Public Improvements serving the Development Property required by the Final Engineering Plans, and as generally set forth in Exhibit E (collectively, the “Public Improvements”). The Public Improvements shall be completed prior to Weber taking occupancy of the building to be constructed on Lot 1, except that such occupancy shall be allowed even if the Public Improvements involving the Freeman Road right-of-way are incomplete if, in fact, construction of such Public Improvements are under the control of the Village. The Public Improvements that the Purchaser is required to construct and pay for in this Article IX shall represent Purchaser’s sole and exclusive obligation for the construction and funding of the Public Improvements 14 necessary to develop the proposed warehouse / distribution /light industrial development of the Development Property as contemplated by this Agreement. As to any subsequent development occurring on any Lot within the Subdivision, (other than on Lot 1) the person undertaking such development shall be responsible for any and all development costs associated therewith, including, without limitation, any additionally required storm water detention and public improvements required by the Village as part of its approval of the Final Plat for such other lots. 9.2. Engineering Conformance. All Public Improvements to be constructed shall be in conformance with the approved Final Engineering Plans, and with all applicable codes and regulations of the Village, unless modified by this Agreement or otherwise approved by the Village Engineer. 9.3 Plan Review. The Village shall respond to all engineering plan submittals fourteen (14) days after submission, provided that they meet with applicable codes or standards incorporated in this Agreement, or where such codes are silent, that they meet generally accepted engineering standards. If any engineering plans and/or specifications fail to meet the codes or standards incorporated in Article VIII of this Agreement, or any other requirements of this Agreement, the Village will give the Purchaser or the Owner (whichever shall apply) written notification within such fourteen (14) day period specifying, in each case, those items deemed deficient by the Village. Any revised plans or specifications submitted in response to such deficiency notice shall be reviewed in the same manner as provided in this Section for any other engineering plans and specifications; except that the Village shall respond to such revisions within ten (10) days of receipt. 9.4. Wastewater Treatment/West Wastewater Treatment Plant. (a) It is stipulated and agreed that the Owner, with respect to the Remaining Lots, and the Purchaser with respect to the Lot 1, shall each pay their prorata shares for the West 15 Wastewater Treatment Plant Expansion Phase 2 pursuant to the requirements of the Recapture Agreement Between Pistakee Partners, L.L.C. and Village of Huntley dated December 12, 2002 and recorded with the Kane County Recorder on March 20, 2003 as document number 2003K045428 (“Pistakee Recapture Agreement”). (b) The Village has constructed the Phase 3 expansion of the Village’s West Wastewater Treatment Plant, which includes capacity to service the Development Property. It is stipulated and agreed that the Owner, with respect to the Remaining Lots, and the Purchaser with respect to the Lot 1, shall each pay their prorata shares for sanitary sewer treatment capacity as provided in the Recapture Agreement between Huntley Venture LLC and the Village of Huntley dated November 16, 2006, and recorded with the McHenry County Recorder on January 17, 2007 as document number 2007R0003962 (“Huntley Venture Recapture Agreement”). (c) Subject to such other agreements and may be entered into with the Village the Owner (with respect to the Remaining Lots) and the Purchaser (with respect to Lot 1) will each pay to the Village the standard sanitary sewer tap on fee per building on their respective Lots at the time of request for building permit. Such fee shall be in the amount that is in effect at the time the building permit request is made for each individual building. (d) Wastewater treatment capacity purchased by the Owner and Purchaser upon Final Plat approval shall be for the sole and exclusive benefit of the Owner and Purchaser in association with the development of the Development Property and shall not be assigned to any entity for development of any other property. 9.5. Construction of Sanitary Sewer. The Purchaser, at its expense, shall connect the sanitary sewer improvements that are part of the Public Improvements set forth on Exhibit E and as set forth on the Preliminary Engineering Plans approved by the Village Engineer and attached hereto as Exhibit B. 16 Said gravity sewers following their construction and the inspection and approval of such construction by the Village, shall be conveyed to the Village by customary bill of sale and thereafter owned and maintained by the Village. If required in the future (i) to service the Remaining Lots of the Owner or (ii) to serve the redevelopment of Lot 1 in a manner other than as contemplated by the Preliminary PUD Plan, a lift station shall be constructed (A) at the expense of the Owner (if to service any of the Remaining Lots) or (B) at the expense of the Purchaser (if to serve Lot 1) or their successors or assigns in order to provide the necessary conveyance to the Village’s wastewater treatment facility. 9.6. Water System. (a) The Purchaser, at its expense, shall, as part of the Public Improvements set forth on Exhibit E, and subject to the receipt of all necessary easements, licenses, permits and consents, cause the extension of the Village water system to serve the Subdivision, as set forth on the Preliminary Engineering Plans approved by the Village as part of the Preliminary Plat. Subject to compliance with all applicable ordinances, codes, standards, and requirements as set forth in the Agreement (including without limitation the payment of the applicable connection fees), the Village acknowledges and agrees that the Purchaser (as to Lot 1 of the Subdivision) and the Owner (as to the Remaining Lots) shall each have the right to connect the improvements on their respective Lots to the Village water system and to receive service therefrom. Subject to such other written agreements (if any) as may be entered into by the Village, each developer shall pay all standard water connection or tap-on fees, and such fee will be in the amount that is in effect at the time of the building permit request is made for each individual building. If required in the future (i) to service the Remaining Lots of the Owner or (ii) to serve the redevelopment of Lot 1 in a manner other than as contemplated by the Preliminary PUD Plan, 17 water system improvements shall be made (A) at the expense of the Owner (if to service any of the Remaining Lots) or (B) at the expense of the Purchaser or their successors or assigns (if to serve Lot 1) in order to provide the necessary capacity to service the Development Property. 9.7 Storm Water Drainage, Detention and Management. (a) At such time as the Owner or Purchaser elects to develop or subdivide any portion of the Development Property, including receiving approval for a mass grading permit, or change or alter any existing use or structure, storm water drainage, detention, and management shall be provided upon the Development Property in accordance with all applicable laws, administrative regulations, and ordinances, whether originating with the U.S. Army Corp. of Engineers, State of Illinois, Illinois Environmental Protection Agency, Illinois Department of Natural Resources, the County of Kane, or the Village of Huntley. It is acknowledged that the Purchaser has provided to the Village prior to the execution of this Agreement a preliminary stormwater management plan and other preliminary engineering that have been approved as to the development of proposed Lot 1 of the Subdivision. (b) The application of the foregoing standards shall be cumulative, it being the intent that those standards or portions thereof, which are most restrictive shall apply. (c) As part of the approval of the Final Plat, the Owner and Purchaser, and / or their respective successors in interest, shall establish one or more property owners’ associations for the purpose of maintaining the private road and common storm water facilities within the proposed Subdivision to be created on the Development Property. The membership of such association or associations shall consist of owners of subdivided Lots within the Subdivision. The Owner or Purchaser shall record a Declaration of Covenants, Conditions and Restrictions (the “Declaration”) against the Development Property. The terms and conditions of the Declaration shall set forth the creation of a property owners’ association, which shall be responsible for the maintenance plan and repair of on-site roadways, stormwater retention and 18 detention facilities, said maintenance plan shall be approved by the Village Engineer and in accordance with the Kane County Storm Water Ordinance, wetlands and open spaces located on the Development Property (the “Common Facilities”). The property owners’ association shall also be responsible for maintaining the landscaping in the right-of-way on Freeman Road adjacent to the Development Property. However, the Village shall be responsible for the maintenance and repair of storm sewer pipes in Common Facilities. The Declaration shall provide that in the event any stormwater retention and detention facilities located on a parcel serve only that parcel, the owner of such parcel may elect to maintain the stormwater retention and detention facilities at its sole cost and expense. (d) In the event that the property owners’ association created and required by the Declaration and both Owner or Purchaser fail to properly maintain and/or repair the Common Facilities, the Village shall be authorized to take over responsibilities for the maintenance and repair of the Common facilities and shall be permitted to create a special service area for the same purposes. There shall be a ninety day notice and cure period. The Village may levy special taxes against the Property for the payment of the Village’s costs to maintain and repair the Common Facilities. Pursuant to any ordinance establishing a special service area for the maintenance and repair of the Common Facilities, the property owners’ association shall dedicate to the Village and the Village shall accept Common Facilities, along with other Public Improvements serving the Development Property, and the Village shall be authorized to levy special service area taxes upon all lots upon the adoption of an ordinance creating the special service area set forth herein. 19 9.8. Road Improvements. (a) As part of the submittals made in connection with the Preliminary Plat and the Preliminary PUD Plan, the Purchaser did provide to the Village a traffic study that included the overall development proposed for the Development Property and connectivity to surrounding properties. Based on said traffic study, the Purchaser shall be required to improve Freeman Road as depicted on the Preliminary Engineering plans. (b) The Village, as local sponsor, has submitted an application to the Illinois Department of Transportation (“IDOT”) to request grant assistance for the Freeman Road improvements required by this Agreement. IDOT has approved the application for the Economic Development Program grant in an amount up to $518,494 (the “IDOT Grant”). The Purchaser agrees to utilize the grant funds in accordance with the requirements of the grant and shall enter into a Local Agency Agreement with the Village and shall be responsible for the remaining cost of the improvement. Weber and Duke acknowledge and agree that the cost to improve Freeman Road as provided for this in this Agreement is not a general obligation of the Village, and shall not constitute any indebtedness of the Village or a loan or a liability of the Village within the meaning of any constitution or statutory provisions. 9.9. Utility Easements and Installation. (a) The Owner and Purchaser shall each grant adequate easements and rights- of-way within the Subdivision for all Public Improvements and utilities serving the Subdivision, all as shown on the Preliminary Plat and as may be modified by the Final Engineering and Final Plat. (b) The owners of each Lot within the Subdivision shall have the right to create easements on their respective privately owned Lots and license access to such easements for the use of telecommunications, data, video and private utility cabling. 20 (c) The Village agrees to use its best efforts to assist the Owner and Purchaser in obtaining all easements and licenses as may be necessary or convenient to install, construct, repair, replace, and maintain any of the improvements required pursuant to this Agreement. Upon request from the Owner or Purchaser, the Village shall exercise its powers of eminent domain, if necessary, to assist the Owner or Purchaser in obtaining all necessary easements along such alignments as the Village and the Owner or Purchaser may reasonably agree for the installation of any roadways, sanitary sewer, water, stormwater detention, retention, or management facilities, or other utilities required pursuant to this Agreement. The Village shall not be obligated to do so until all reasonable attempts by the Owner or Purchaser to acquire the necessary easements through private negotiations have been exhausted. The Owner or Purchaser (as the case may be) agrees to pay for all costs reasonably incurred by the Village in connection with any eminent domain action relating to the acquisition of required easements, including without limitation attorneys fees, title charges, appraisals, survey costs, deposition costs, witness fees, litigation expenses, and judgments. All of the foregoing costs and expenses of acquisition of any easements or rights-of-way shall be includable in the Owner’s or Purchaser’s (as the case may be) costs and expenses that are to be recaptured by the Owner or Purchaser pursuant to Section 9.14 hereto. 9.10 Government Approval. The Village agrees to use its best efforts to assist the Owner or Purchaser in obtaining such permits, licenses, and approvals as may be required from time-to-time under any and all County, State, and Federal laws and regulations (including without limitation the Illinois Environmental Protection Act) for the purpose of permitting development and subdivision of the Development Property as herein contemplated. 9.11. Performance Security. Not to be confused with a compliance bond, but to guarantee the installation of the Public Improvements set forth on Exhibit E in accordance with this Agreement, and in lieu of any security required by the codes or ordinances of the Village, 21 and Purchaser, or such developer’s contractor, shall submit either a performance bond from an insurance or surety company, or a letter of credit or impound account issued or held by a sound financial institution, containing such terms and provisions as may be reasonably acceptable to the Village. Such security shall be in a principal amount of not less than one hundred ten percent (110%) of the estimate of the costs of all such Public Improvements for the Subdivision, exclusive of any contingency costs, to be constructed as part of the said Subdivision pursuant to the approved Final Engineering approved in connection with the development of Lot 1. All such Final Engineering shall be subject to the approval of the Village Engineer, which approval shall not be unreasonably withheld or delayed. Upon completion of the Public Improvements for the Subdivision and the acceptance by the Village, the Owner’s or Purchaser’s performance security shall be reduced by the proportionate cost of such Public Improvements less 10 percent (10%), which amount shall be retained until the Owner or Purchaser delivers a maintenance security to the Village in accordance with this Agreement; provided, however, that the balance of the amount retained shall at all times prior to the completion of all Public Improvements called for herein remain not less than one hundred ten (110%) of the Village Engineer’s estimation of the cost of completion of all remaining improvements. As to any additional public improvements (other than those set forth on Exhibit E) that may arise from the development of any Remaining Lot, the Owner shall be required to post with the Village all security, consistent with the provisions of this Section 9.11. 9.12. Maintenance Security. At the time or times of acceptance by the Village of the installation of any part, component, or all of any Public Improvements in accordance with this Article, or any other Article of this Agreement, the developer who has posted the original security with the Village shall deposit with the Village either a maintenance bond or letter of credit (the “Maintenance Security”) in the amount of ten percent (10%) of the cost of the installation of the Public Improvement or component accepted by the Village. The Maintenance 22 Security shall be in a form reasonably acceptable to the Village and shall be deposited with and held by the Village for a period of three (3) years after the completion of the accepted component or Public Improvement. In the event substantive defects in material and/or workmanship have developed within said period, then the Maintenance Security shall not be returned until correction of said defect and acceptance by the Village of said correction, in accordance with Section 9.13 of this Article. The Village acknowledges that the Maintenance Security is intended to provide security against defects in material and / or workmanship and that such Maintenance Security is not intended to protect against other conditions such as theft, physical damage or destruction from outside forces or casualty, or reasonably expected normal wear and tear. 9.13. Procedure for Acceptance of Public Improvements. (a) Upon completion of any Public Improvement for any area or phase of development of the Development Property in accordance with this Agreement, and further, upon the submission to the Village of “as-built” plans of such Public Improvements and a certificate from the engineering firm employed by the developer responsible for making such Public Improvements stating that the said Public Improvement, or portions of segments thereof, have been completed in conformance with this Agreement, and all engineering plans and specifications relative thereto, the Village Manager shall, within thirty (30) days after the Village receives the aforesaid certifications from the developer’s engineer, either: (i) recommend approval to the Village Board to accept said Public Improvement, or any part or component thereof; or (ii) designate in writing to the developer of each phase of the Subdivision or its agents all alterations which shall be required to obtain final acceptance of said Public Improvement, specifically citing the sections of the appropriate ordinance or rule, regulations, or standard incorporated in the Village Code or this Agreement relied upon by said Manager. 23 Final acceptance shall be further conditioned upon said Public Improvements having been constructed in conformance with Final Engineering previously approved by the Village Engineer. (b) Upon recommendation by the Village Manager to the Village, or after changes in said Public Improvements by the developer of each phase of the Subdivision, as set forth in the written notice by the Village Manager, the Village shall either accept said Public Improvement or set forth in writing wherein said Public Improvements or any parts or components thereof do not comply with any Section of this Agreement or any other appropriate Village ordinances or codes. It is understood that in order to provide sufficient time to resolve any conditions for acceptance of Public Improvements being requested for approval no request can be made after November 1 or before March 1 of any year. However, no final approval will be considered by the Village Board between November 15 of a given year and March 15 of the following year. (c) Upon completion and acceptance of any such Public Improvements by the Village, the developer responsible for making such Public Improvements (together with the Owner or Purchaser, to the extent legally required, or their respective successors) agrees to convey and transfer said Public Improvements or any part thereof so accepted, to the Village by appropriate bills of sale which shall be approved by the Village. (d) Acceptance of any such Public Improvements by the Village shall not delay the issuance of a certificate of occupancy as to any building upon any Lot in the event the developer of such Lot within the Subdivision has provided applicable security for any Public Improvements not yet accepted by the Village. 9.14. Recapture Agreement for the Benefit of the Purchaser. The Village agrees, pursuant to Division 9-5 of the Illinois Municipal Code, 65 ILCS 5/95-1 et seq., to execute one or more recapture agreements with the Purchaser (who is responsible for making all of the Public Improvements set forth on Exhibit E as part of the original 24 formation of the Subdivision). Pursuant to such recapture agreements, the Village shall agree to reimburse the Purchaser for an equitable portion of off-site costs associated with sanitary sewerage, water, roadway, sidewalk, street lighting, and/or stormwater and drainage improvement (whether on-site or off-site) installed in connection with the development of portions of the Development Property, costs and expenses incurred in connection with the acquisition of necessary easements or rights-of-way, consultant fees, construction supervision fees, and the value of any easements or rights-of-way dedicated for such improvements (“Purchaser’s Expenses”), together with interest thereon accrued at a rate or six percent (6%) per year from the date said facilities are accepted by the Village until connection thereto is sought by the benefited third Parties. Such recapture agreements shall describe the properties anticipated to benefit from such improvements and the amount or proportion of costs due from such benefited properties. The recapture agreements shall also provide that the recapture fees are due at the time connections are sought, except that any unincorporated benefited property shall pay the recapture fees due no later than the time of connection or approval by the Village of the final plat of subdivision once annexed to the Village. The Village shall not permit any benefited properties to connect to or utilize such Public Improvements without first paying recapture fees to the Village, which sums shall be reimbursed to Purchaser. The Village Manager, or designee, shall determine the identity of benefited properties, the equitable proportions for such properties, and the costs and expenses to be recaptured. Any costs and expenses to be recaptured for the improvements made to Freeman Road per the approved final engineering plans shall be reduced by the final amount of the IDOT Grant as referenced in Section 9.8 (b). The Village shall have no recapture obligations until a separate written agreement is executed by the Parties hereto in accordance with the provisions of the Illinois Municipal Code. No recapture obligations shall be imposed upon any of the Remaining Lots by reason of the construction of Public Improvements by the Purchaser in connection with the Subdivision. 25 ARTICLE X Fees and Incentive Reductions 10.1. Annexation Fees. Subject to such other written agreements (if any) as may be entered into with the Village, the Village hereby waives payment of the Annexation Fee of $500.00 per acre otherwise required by ordinance. 10.2. Consultant Fees. The Purchaser shall pay or reimburse the Village for all expenses and fees reasonably incurred by the Village in connection with legal, engineering, and other consultant and staff services directly and specifically related to the initial annexation, initial ORI-PUD Rezoning and initial Subdivision of the Development Property (the “Initial Entitlement Process”). Beyond the Initial Entitlement Process, the Owner and Purchaser shall (as to their respective development activities) pay or reimburse the Village for all legal, engineering, and other consultant and staff services directly and specifically related to the annexation and development of the Development Property. 10.3 Building Permit Fees. Subject to such other written agreements (if any) as may be entered into with the Village, the developer of each Lot within the Subdivision shall be subject to the same building permit fees as are generally applicable throughout the Village as of the date of building permit application; provided, however, that no increase in building permit fees shall apply to the Development Property in connection with the construction of any improvements contemplated by the Preliminary PUD Plan and for which a building permit was applied for or obtained prior to the 180th day after the enactment of the ordinance or resolution approving the Final PUD Plan and Final Plat or until sixty (60) days after the Village notifies the Owner or Purchaser of such increases in accordance with Article 13.1 of this Agreement. 10.4. Water and Sewer Connection Fees. Subject to such other written agreements (if any) as may be entered into with the Village, water and sewer connection fees assessed on each 26 Lot within the Subdivision shall be paid by the developer of such Lot and shall be the same fees as the Village assesses upon similar users within the Village, as of the date of application for a building permit. 10.5. Hearing, Recordation Fees. The Purchaser shall pay for all costs reasonably associated with the hearings and recordings required in connection with the Initial Entitlement Process. Thereafter, the Purchaser, as to Lot 1, and the Owner, as to the Remaining Lots, shall pay all costs and expenses associated with any additional applications, hearings and recordings, and the costs of all public and private improvements associated with their respective Lots. 10.6. Capital Development Fee. Subject to such other written agreements (if any) as may be entered into with the Village, the parties agree that the Owner and Purchaser shall be credited for the required capital development fee of $3,000.00 per gross acre in exchange for the Freeman Road improvements referenced in Section 9.8. 10.7. School, Library, and Fire Fees. No Library District or School District impact fees shall be required in connection with the development of any Lot within the Subdivision as long as such Lot is developed with non-residential uses. Should any Lot be rezoned for residential use, the then-owner of such re-zoned Lot shall pay the Library and School District impact and transition fees in existence at the time a building permit is issued for each residential unit. The Purchaser (as to Lot 1) and the Owner (as to each Remaining Lot) shall pay the Fire Impact Fee in existence at the time of development for each Lot within the Subdivision as outlined in Section 155.210 of the Village’s Subdivision Regulations for all non-residential uses. The impact fee shall be paid at the time of issuance of the building permit. The applicable Fire District impact and transition fees shall be those in existence at the time the Final Plat for the Subdivision is approved. 10.8 Kane County Transportation Impact Fees. The developer of each Lot within the Subdivision shall pay and provide the Village proof, satisfactory to the Village, that the Kane 27 County Transportation Impact fees for the site have been fully satisfied and paid to the County of Kane (or adequate provision made therefore to the satisfaction of the County of Kane) prior to the issuance of building permits on any of the lots. 10.9 Other Fees. (a) Subject to such other written agreements (if any) as may be entered into by the Village, all other fees provided for by ordinance and uniformly applied and collected in connection with the development of property within the corporate limits of the Village, including all subdivision or planned unit development fees, shall be applicable to, and paid by the developer of, each Lot within the Subdivision. (b) Subject to such other written agreements (if any) as may be entered into by the Village, the fees or charges referred to in this Section shall be those fees and charges uniformly imposed by the Village from time-to-time by ordinance during the term of this Agreement; provided, however, that no increase in fees related to the review or approval of a subdivision or planned unit development shall apply to the Development Property until thirty (30) days after the Village notifies the Owner or Purchaser of such increases in accordance with Article 13.1 of this Agreement. (c) Unless otherwise set forth in this Agreement, neither the Owner, the Purchaser nor the developer of any Lot within the Subdivision shall be required to make any contributions or pay any fees in connection with the development of the Development Property beyond those fees or donations set forth in this Agreement. ARTICLE XI General Provisions 11.1 Building Permits. The Village agrees that within fourteen (14) days after receipt of a complete application, it will either issue such building and other permits as may, from time28 to-time be requested by the Owner or Purchaser, or issue a written response within said period of time, informing the Owner or Purchaser as to the specific deficiencies in the application for permits, plans, or specifications. All of such permit applications, plans, and specifications shall conform to this Agreement and all applicable ordinances and codes. (a) Any resubmittal of an application for a building or other permit after issuance of a written response shall be processed in the same manner as any other such application, except no additional application fee shall be required therefor. 11.2 Occupancy Certificates. (a) Within ten (10) working days after delivery of an application for final inspection for each building, the Village agrees to perform all final inspections and to either issue a Certificate of Occupancy or issue a written response informing the Owner or Purchaser specifically as to what corrections are necessary as a condition to the issuance of a Certificate of Occupancy, quoting the section of any code or ordinance relied upon by the Village in its written response. (b) Any resubmittal of an application for a Certificate of Occupancy after issuance of a written response shall be processed within five (5) days after delivery of such resubmittal and no additional application fee shall be required therefor. (c) Temporary Certificates of Occupancy for buildings shall be issued by the Village, at the sole discretion of the Village, if weather conditions or other circumstances have not permitted the buildings and related improvements to be completely finished, provided that: (i) such buildings and related structures are in a substantially completed condition and are fit for habitation; and (ii) adequate security has been posted with the Village or other arrangements satisfactory to the Village have been made to assure that all required items necessary for a Certificate of Occupancy shall be completed in a timely manner. 29 11.3. Stop Orders. Any stop orders directing work stoppage on buildings or improvements on the Development Property or any part thereof shall be immediately effective. Within 24 hours after the issuance of a stop order, the Village shall deliver a written notice to Owner or Purchaser or the Owner’s or Purchaser’s representative and / or employee at the address set forth in Section 13.1 below, that sets forth in detail the reasons for such stop order and cites the provisions of law on which the Village issued the stop order. While a stop order is in effect, no work may proceed on the affected premises except as may be necessary to eliminate the conditions giving rise to the stop order. ARTICLE XII Obligations of Owner and Purchaser So long as the Owner or Purchaser or their respective successors in interest to the Development Property or any Lots within the Subdivision passively owns any portions of the Development Property or Lots and does not engage in the development of such portions, the Owner or Purchaser shall not have the responsibility to perform any of the agreements or obligations of “Owner” or “Purchaser” hereunder unless required by any other agreement that the Development Property is subject to, and any such obligations as to any portion of the Development Property shall be the responsibility of and shall be performed by the entity that develops such portions of the Development Property. As to any portions of the Development Property that are developed by another Party, whether such Party acquires such portions from Owner or Purchaser, or otherwise, the Party developing such portions shall have the obligations of Owner or Purchaser as to such portions it develops. 30 ARTICLE XIII Miscellaneous Provisions 13.1 Notices. All notices hereunder shall be in writing and must be served either personally or by registered or certified mail, postage prepaid, return receipt requested, as follows: If to the Village: Village of Huntley 10987 Main Street Huntley, IL 60142 Attn: Village Manager Tel: 847-515-5200 Fax: 847-515-5245 With a copy to: Michael Coppedge Cowlin, Curran and Coppedge 20 Grant Street PO Box 188 Crystal Lake, IL 60039-0188 Tel: 815-459-5300 Fax 815-459-5305 If to Owner: Component Management Group LLC Attn: Joseph Valente 700 Tollgate Road Elgin, IL 60123 Tel: Fax: 847-695-7117 With a copy to: Marvin H. Glick, Esq. Glick and Trostin 208 S. LaSalle, Suite 1650 Chicago, IL 60604 Tel: 312-346-8258 Fax: 312-346-3242 If to Purchaser: Duke Realty Limited Partnership Attn. Steven Schnur, Regional Senior Vice President 9377 W. Higgins Rd., Suite 600 Rosemont, IL 60018 With a copy to. Lisa Starcevich, Esq. Duke Realty Limited Partnership 9377 W. Higgins Rd., Suite 600 Rosemont, IL 60018 31 And additional Copy to: With a copy to: Weber-Stephen Products LLC Attn: Philip J. Zadeik, General Counsel 200 E. Daniels Road Palatine, IL 60067-6266 Tel: 224-836-2606 Fax: 224-934-4666 Peter C. Bazos, Esq. Bazos, Freeman, Kramer, Schuster & Braithwaite, LLC Tel: 847-742-8800 Fax: 847-742-9777 or to such other address or addressee as any Party shall designate. A notice by any Party or its counsel may be sent to any other Party or to such other Party’s counsel. 13.2 Binding, Effect, Term, and Amendment. (a) This Annexation Agreement shall be binding upon and inure to the benefit of the Parties hereto, their heirs, successors, and assigns, and upon any successor municipal authority of the Village, for a term of twenty (20) years from the date set forth in the first paragraph of this Agreement. The Parties acknowledge and agree that the benefits and burden of the Owner or Purchaser under this Agreement are not personal but run with the land. (b) This Agreement may be amended from time to time as to any portion of the Property by a written amendment executed between the Village and the Owner of such portion of the Property, without the consent of approval of any other Party, including the owners of any other portions of the Property. 13.3. Severability. In the event that any part of portion of this Agreement, or any provision, clause, wording, or designation contained within this Agreement is held to be invalid by any court of competent jurisdiction, such part, portion, provisions, clause, wording, or designation shall be deemed to be excised from this Agreement and the invalidity thereof shall not affect the remaining portions thereof. 32 13.4. Enforceability. (a) This Agreement shall be enforceable by any court of competent jurisdiction by any of the Parties hereto by any appropriate action at law or in equity to secure the performance of the covenants contained herein. (b) In the event of a material breach of this Agreement, the Parties agree that the defaulting Party shall have thirty (30) days after notice of said breach to correct the same prior to the non-breaching Party’s seeking of any remedy provided for herein; provided, however, that any breach by the Owner or Purchaser reasonably determined by the Village to involve health or safety issues may be the subject of immediate action by the Village without notice or a 30-day delay. (c) In the event the performance of any covenant to be performed hereunder by either the Owner or Purchaser or the Village is delayed for causes which are beyond the reasonable control of the Party responsible for such performance (which causes shall include limitation, acts of God; inclement weather conditions; strikes; material shortages; lockouts; the revocation, suspension, or inability to secure any necessary governmental permit, license, or authority; and similar case) the time for such performance shall be extended by the amount of time of such delay. (d) The failure of the Parties to insist upon the strict and prompt performance of the terms, covenants, agreement, and conditions herein contained, or any of them, upon any other Party imposed, shall not constitute or be construed as a waiver or relinquishment of any Party’s right thereafter to enforce any such term, covenant, agreement, or condition, but the same shall continue in full force and effect. 13.5. Survival of Representations; No Merger. (a) Each of the Parties hereto, for themselves, their successors, assigns, heirs, devisees, and personal representatives, agrees that the warranties and recitals set forth in the 33 preamble to this Annexation Agreement are material to this Agreement, and the Parties hereby confirm and admit their truth and validity and hereby incorporate such representations, warranties, and recitals into this Agreement, and the same shall continue during the term of this Agreement. (b) The agreements and covenants contained in this Agreement shall survive the annexation of the Property and the recordation of this Agreement and shall not be merged. 13.6. Word Usage. Unless the provisions of this Agreement otherwise require, words imparting the masculine gender shall include the feminine; words imparting the singular number shall include the plural; and words imparting the plural shall include the singular. 13.7. Captions and Paragraph Headings. The captions and paragraph headings incorporated herein are for convenience only and are not part of this Agreement. 13.8. Conflict in Regulations. (a) The provisions of this Agreement shall supersede the provisions of any ordinances, codes, policies, or regulations of the Village which may be in conflict with the provisions of this Agreement; provided, however, that nothing in this Agreement shall relieve Owner or Purchaser from complying with the ordinances, codes, and regulations of the Village that pertain directly to life safety concerns. (b) Pursuant to the requirements of statute, the corporate authorities of the Village shall adopt such ordinances as may be necessary to effectuate the terms and provisions of this Agreement. 13.9. Changes in Regulations. (a) It is expressly understood and agreed by the Parties that during the term of this Agreement, no use permitted under the Zoning District in which any portion of the Development Property is located at the time of the execution of this Agreement shall be denied 34 to the Owner or Purchaser, their successors, or assigns as to such potion. The Village agrees further that it will take no actions that will prevent the Owner or Purchaser from developing the Development Property in accordance with this Agreement. (b) Notwithstanding anything in this Agreement to the contrary, in the event the Village amends any of its ordinances, codes, or regulations to impose less restrictive requirements on the development of, or construction upon, similarly zoned and developed properties in the Village (whether or not encompassed by agreements of annexation) then the benefit of such less restrictive requirements shall inure to the Owner or Purchaser in its development of Development Property. 13.10. Recordation. The Parties agree to record in the Office of the Kane County Recorder of Deeds an original, or a true and correct copy, of this Agreement within five (5) working days of execution. Should any title insurance company issuing commitments for title insurance raise this Agreement as an objection to title, the Village shall, if the Owner or Purchaser has complied in all respects with the terms of this Agreement, exercise its best efforts to secure the waiving of this Agreement as a title objection. 13.11. Subsequent Amendments. It is understood that any subsequent amendments to this Agreement, zoning changes or platting requests may be filed by Owner or Purchaser or their successors, grantees or assigns and processed by the Village without the necessity of obtaining the signatures of any individuals who have purchased parcels from Owner or Purchaser in the ordinary course of development of the Development Property. 13.12. Waiver of Right to Challenge. Provided: the Village complies with and is not in default under the provisions of this Agreement, the Owner or Purchaser shall: (i) waive, and by these presents shall be deemed to have waived, its right to pursue an action at law or in equity seeking to have the Village’s School Impact 35 Fee Ordinance, as the same exists as of, and as the same has existed prior to, the Effective Date of this Agreement, declared unconstitutional; (ii) not challenge the validity or constitutionality of any Village impact fees, or any other fees paid or imposed pursuant to this Agreement and to further not, whether in law or in equity, seek the refund of any such amounts paid hereunder for any such impact fee or transition fees, with the exception of Kane County Transportation Impact Fees. The Village shall not be responsible for refunding any fees paid to Kane County in the event such fee should be declared invalid or unconstitutional. 13.13. Indemnification. (a) The Owner (as to the Remaining Lots) and the Purchaser (as to Lot 1) each agrees to indemnify and hold harmless the Village from and against any and all claims asserted against the Village in regard to the Pistakee Recapture Agreement and the Huntley Venture Recapture Agreement (collectively, the “Wastewater Recapture Agreements”) seeking to collect from the Village any additional recapture fees (“Excess Recapture Fees”). The obligation to indemnify includes the obligation to pay any and all reasonable costs, consulting fees, expert witness fees and attorney fees incurred by the Village in defending any claim asserted against the Village. Notwithstanding the foregoing, the Village agrees to cooperate with Owner or Purchaser in the defense of any claims asserted against Owner or Purchaser by either Pistakee Partners, L.L.C. or Huntley Ventures LLC in regard to the Wastewater Recapture Agreements and any Excess Recapture Fees that any of said parties may claim to be due them thereunder. (b) The Owner (as to claims involving the Remaining Lots) and the Purchaser (as to claims involving Lot 1) each agrees to cooperate and participate (with competent counsel of its own selection and at its own expense) in the defense of any other claims (other than those pertaining to any claimed Excess Recapture Fees) asserted against the Village challenging the 36 actions taken by the Village pursuant to this Agreement. The covenant in this Section 13.13(b) is not intended to be an indemnification undertaking. 13.14. Successors and Assigns. It is specifically understood and agreed that the Owner or Purchaser and their successors and assigns (in such context a “Transferor”) shall have the right to sell and convey all or any part of the Property and the improvements thereon to other persons, firms or corporations (in such context a “Transferee”), and that upon any such sale (i) the Transferee shall be entitled to the same rights and privileges and shall have the same obligations as the Transferor had under this Agreement and (ii) the Transferor shall be relieved of any further rights or obligations hereunder (other then such obligations as to which the Transferor may be in performance or payment default to the Village as of the date of such sale), all of which shall be the sole obligation of the Transferee. [signature pages follow] 37 IN WITNESS WHEREOF, the Parties hereto have set their hands and seals hereto on the day and year first above written. VILLAGE: Village of Huntley, an Illinois Municipal Corporation ___________________________ Village President Attest: __________________________________ Village Clerk OWNER Component Management Group LLC An Illinois limited liability company By: _______________________________ Joseph Valente, Manager PURCHASER Duke Realty Limited Partnership, an Indiana limited partnership By: Duke Realty Corporation, an Indiana corporation By: ____________________________ Steven Schnur Regional Senior Vice President 38 EXHIBIT A-1 PLAT OF ANNEXATION AND LEGAL DESCRIPTION OF THE PROPERTY 39 EXHIBIT A-2 LEGAL DESCRIPTION OF PROPERTY BEING PURCHASED BY PURCHASER (FUTURE SUBDIVISION LOT 1) 40 EXHIBIT B PRELIMINARY PLAT OF SUBDIVISION AND PRELIMINARY ENGINEERING 41 EXHIBIT C ORI-PUD REZONING AND SPECIAL USE ORDINANCE 42 EXHIBIT D VARIATIONS Petitioner has submitted detailed sets of architectural, landscaping, and civil engineering plans (collectively “PUD Plans”). The PUD Plans were prepared in accordance with the following list of deviations / departures from the Village code, as well as the following additional regulations (collectively “Variations”). 1. Section 156.046(C)(5) of the Zoning Ordinance requires a minimum side yard setback of 10 feet for parking lots. The petitioner is proposing a minimum side yard setback of 5 feet. 2. Section 156.106(C)(5)(c) of the Zoning Ordinance limits the width of curb cuts to 25 feet in width. The petitioner is requesting relief to allow curb cuts greater than 25 feet. 3. Section 156.106(C)(6)(a) of the Zoning Ordinance requires that an average minimum illumination of two (2) foot candles is provided in parking lots. The petitioner is requesting relief to provide an average minimum illumination of one (1) foot candle. 4. Section 156.106(H) of the Zoning Ordinance provides parking requirements for specific land uses. The petitioner is requesting that the parking requirements not apply to the Weber facility; however, if future use of the facility changes, the Village reserves the right to reevaluate the required parking. 5. Section 156.122(D) of the Zoning Ordinances allows one (1) ground sign per lot. The petitioner is requesting relief for two (2) ground signs on the Weber lot. 6. Section 156.123(A) of the Zoning Ordinance limits the total surface area of all wall signs on a building and shall not exceed one (1) square foot for each lineal foot of the building’s frontage. The petitioner is requesting relief to allow a wall sign on the south elevation (facing the Tollway) to not exceed 2,000 square feet. 7. Section 156.123(D) of the Zoning Ordinance limits the number of wall signs to one per street frontage. The petitioner is requesting relief to allow a second wall sign on the south elevation (facing the Tollway). 8. Section 156.150 of the Zoning Ordinance requires that a treescape (tree protection) plan be submitted for review by Village Staff. The petitioner is requesting to not provide a treescape plan, but rather provide a Tree Protection Plan indicating the limits of existing vegetation (not individual trees), and zones where trees are to be protected by the installation of protective fence. 9. Section 156.151(G)(7) of the Zoning Ordinance requires that shade trees be provided at the equivalent of 75 feet apart along a non-residential property line. The petitioner is requesting to provide plantings in accordance with the Landscape Plan which proposes the use of evergreen trees to better screen the facility. 43 10. Section 156.151 of the Zoning Ordinance provides specific requirements for parking lot landscaping. The petitioner is requesting relief to landscape the interior of the parking lot in accordance with the Landscape Plan. 11. Section 156.151(G)(12)(c) of the Zoning Ordinance requires that detention basins shall be landscaped with a minimum of one (1) tree for each 750 square feet of dry area land. The petitioner is requesting to provide landscaping adjacent to the detention basins in accordance with the Landscape Plan, rather than on the side slopes of the basins. Subdivision Ordinance: 1. Section 155.002(C) states that improvements shall not be made to a site prior to the final plat of subdivision and plans being approved by the Plan Commission and Village Board. The petitioner is requested to start site grading prior to approval of the final plat of subdivision. 2. Section 155.069(C) states that a request for final processing and acceptance of public improvements shall be made between April 1st and September 1st. The petitioners are requesting that a request for processing and acceptance be accepted between March 1st and November 1st. 3. The petitioners are requesting the option of using High Density Polyethylene for storm sewer. Section 155.133(A)(7) does not include High Density Polyethylene as an approved material. 4. Section 155.154 requires that valves be spaced no further apart than 600 feet apart. The petitioners are requesting valves to be spaced up to 1,200 feet apart as depicted on the preliminary engineering plans. 5. Section 155.178 requires that concrete curb and gutter are installed at the edge of roadway pavement. The petitioners are requesting to not install curb and gutter along Freeman Road. 6. Section 155.179 requires that the minimum longitudinal slope of a driveway shall be no less than 2%. The petitioners are requesting that a minimum longitude slope of driveways be 1%. 44 EXHIBIT E LIST OF REQUIRED ON-SITE AND OFF-SITE PUBLIC IMPROVEMENTS AND PRIVATE ROADWAY IMPROVEMENTS Paving – Widening of Freeman Road from a 2-lane cross-section to a 3-lane cross section from approximately the west property line of the development to the eastern exit drive from Weber’s truck court and then tapering back to the existing 2-lane cross section. In addition, two right-turn deceleration lanes will be installed; one at proposed Weber Drive and the other at the proposed employee/visitor entrance to Weber’s car parking lot. A right turn deceleration lane shall be added at the existing Weber private driveway opposite Automall Drive. Water Main – Installation of two 12-inch diameter water mains from Factory Shops Boulevard to the site. Installation of 12-inch diameter water main along the south side of Freeman Road and installation of 10-inch diameter water main along the east side of Weber Drive and a 10-inch diameter water main loop around the proposed 750k SF distribution center for Weber, with water main stubbed to Lots 2, 3, 4, and 5. Sanitary Sewer – Installation of 10-inch diameter sanitary sewer from a point approximately 1,200 linear feet west of Factory Shops Boulevard to the site. A combination of 10-inch and 8inch diameter sanitary sewer installed along the west side of Weber Drive and an 8-inch diameter sanitary sewer installed across the north side of Weber facility for service to Weber and stubbed to Lot 5. Drainage – Storm sewer improvements will be installed along Weber Drive. Freeman Road will have roadside ditches and culverts at driveways for stormwater conveyance. Street lights – Street lights will be installed along both Freeman Road and Weber Drive. Landscaping – Parkway trees will be installed along Weber Drive. 45