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R92-144 ACCEPTING PROPOSED ANNEXATION AGREEMENT
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R92-144 ACCEPTING PROPOSED ANNEXATION AGREEMENT
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7/20/2016 11:15:12 AM
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7/20/2016 11:15:11 AM
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Resolution/Ordinance
Res Ord Num
R92-144
Res Ord Title
ACCEPTING PROPOSED ANNEXATION AGREEMENT AND SCHEDULING SAME FOR PUBLIC HEARING - MAGNA TRUST COMPANY - TRUSTEE OF THE LEWIS W. SHADE FARM TRUST
Approved Date
9/14/1992
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AIJNEXATION AGREEMENT <br /> This Annexation Agreement made by and between the City <br /> of Decatur, Illinois, a municipal corporation ("City") , and <br /> Magna Trust Company, an Illinois Corporation, formerly the <br /> . Millikin National Bank of Decatur, as Trustee of the Lewis <br /> W. Shade Farm Trust dated September 13, 1971, ("Magna") . <br /> WHEREAS, Magna is the owner of the following described <br /> premises: <br /> SEE EXHIBIT A ATTACHED HERETO AND <br /> HEREBY MADE A PART HEREOF <br /> ("Premises") , <br /> which Premises are located outside of the corporate <br /> limits of the City and are not contiquous thereto; and, <br /> WHEREAS, Magna desires to annex said Premises to <br /> the City, but only upon certain terms and conditions, <br /> and at such time as said Premises are contiguous to the <br /> corporate limits of the City; and, <br /> WHEREAS, the City agrees that said terms and <br /> conditions, as contained herein, are reasonable and <br /> acceptable; and, <br /> WHEREAS, hearings have been held and notice given <br /> as required by law. <br /> NOW, THEREFORE, for and in consideration of the <br /> mutual promises and obligations made and assumed <br /> herein, and pursuant to the authority of I11.Rev.Stat. <br />
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