Laserfiche WebLink
� _ ; Book : 3847 Page : �24 I'� <br /> ANNEXATION AGREEMENT <br /> � ��I���2�D� <br /> �--�jl his n ation Agree ent ("Agreement") is made and entered into this <br /> day of , 2007, by and between Primrose Management, L.L.C., a South <br /> A� <br /> Dakota Limited Liability Company ("Primrose"), and the City of Decatur, Illinois, a <br /> municipal corporation ("City"). <br /> RECITALS <br /> A. Primrose has a contract to purchase a certain parcel of real <br /> property situated in Macon County, Illinois, which is more particularly described <br /> in Exhibit A attached hereto and made a part hereof (the Development Parcel), <br /> which parcel consists of approximately 15 acres and adjoins, abuts and is <br /> contiguous with corporate limits in the City. <br /> B. The Development Parcel has not been annexed to the municipality. <br /> C. The Development Parcel as described on Exhibit A hereto is <br /> sometimes referred to herein as the Subject Property. ', <br /> D. The Subject Property constitutes territory which is contiguous to , <br /> and may be annexed to the City, as provided under Article 7 of the Illinois <br /> Municipal Code, 65 ILCS 5/7-1-1 et seq. , <br /> E. Primrose desires to have the Subject Property annexed to the City, I <br /> upon the terms and conditions provided herein. , <br /> F. The City Council of the City, after due and careful consideration, �� <br /> has concluded that the annexation of the Subject Property to the City would <br /> further the orderly growth of the city, enable the City to control the development <br /> of the Subject Property, and serve the best interests of the City. <br /> G. Any fire protection district, library district and other entity or person <br /> entitled to notice prior to annexation of the Subject Property to the City has been <br /> given notice thereof by the City, and said districts have not objected to the <br /> annexation proposed by this Agreement. <br /> H. All public hearings by any boards, commissions or other bodies <br /> required by law prior to the adoption of any provision of this Agreement have <br /> been held. <br /> NOW, THEREFORE, in consideration of the premises and the mutual <br /> covenants and agreements herein contained, and in reliance on the ordinances <br /> of the City in effect as of the date hereof, the parties hereto hereby agree as <br /> follows: <br />