R2025-002 Resolution Receiving and Filing Proposed Annexation Agreement Located Generally North of I-72 and West of State Route 48

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WHEREAS, the City Council of the City of Decatur, after due and careful consideration, has concluded that the annexation of the Subject Property to the City would further the orderly growth of the City, enable the City to control the development of the Subject Property, and serve the best interests of the City; and, WHEREAS, any fire protection district, library district and other entity or person entitled to notice prior to annexation of the Subject Property to the City has been given notice thereof by the City; and, WHEREAS, all public hearings required by law prior to the adoption of any provision of this Agreement have been held; and, WHEREAS,the City agrees that the terms and conditions, as contained herein, are reasonable and acceptable. NOW, THEREFORE, for and in consideration of the mutual promises and obligations made and assumed herein, and pursuant to the authority of 65 ILCS 5/11-15.1-1 et seq.,the City and McLeod agree as follows: Section 1. The parties enter into this Agreement pursuant to and in accordance with the applicable provisions of the Illinois Municipal Code, 65 ILCS 5/11-et.seq, and the Codes and Ordinances of the City. Section 2. A Petition for Annexation of the Subject Property shall be filed with the City by McLeod no later than February 25, 2025 in compliance with 65 ILCS 5/7-1-8, said petition to describe the Subject Property and to request that the same be annexed to and included within the corporate limits of the City. Section 3. The City hereby waives any requirement otherwise applicable that McLeod pay to the City any fee for filing the petition referred to in Section 1 hereof. Section 4. That upon receipt of said annexation petition, the City shall annex the Subject Property to the City as provided by law. Section 5. As an express condition of this Agreement,the City hereby agrees that the maximum 2