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' ' ' � " , <br /> ANNEXATION AGREEMENT <br /> This Annexation Agreement made by and between the City <br /> of Decatur, Illinois, a municipal corporation ("City") , and <br /> B & R Development Company, a partnership ("B & R" ) . <br /> WHEREAS, B & R is the owner of the following described <br /> premises: <br /> See Exhibit "A" attached hereto <br /> ("Premises") , <br /> which Premises are located outside of the corporate limits <br /> of the City and are not contiguous thereto; and, <br /> WHEREAS, B & R desires to annex said Premises to the <br /> City, but only upon certain terms and conditions, and at <br /> such time as said Premises are contiguous to the corporate <br /> 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 as <br /> required by law. <br /> NOW, THEREFORE, for and in consideration of the mutual <br /> promises and obligations made and assumed herein, and <br /> pursuant to the authority of I11.Rev.Stat. 1989, ch. 24 , <br /> par. 11-15 . 1-1 et seq. , the City and B & R agree as follows: <br /> 1 . At such time as said Premises are contiguous to the <br /> corporate limits of the City, B & R shall file an annexation <br /> petition with the City, in compliance with I11.Rev.Stat. <br /> 1989 , ch. 24 , par. 7-1-8, said petition to describe the <br />