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A Resolution Approving the Execution of a Settlement Agreement (George C. Bravos as Trustee of a Trust known as Trust No. 118318-07)
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WHEREAS, the Village has initiated administrative adjudication enforcement proceedings against George C. Bravos as Trustee of a Trust known as Trust No. 118318-07 as the owner of two commercial retail properties located generally at the southwest corner of 135th Street and Route 53; and
WHEREAS, it is in the best interests of the Village to enter into such a Settlement Agreement in substantially the form attached hereto and incorporated herein by reference as Exhibit A, and to thereby resolve the pending administrative adjudication enforcement matters, all on the terms and conditions set forth therein.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF ROMEOVILLE, WILL COUNTY, ILLINOIS:
SECTION ONE. The foregoing Recitals are hereby incorporated into this resolution as if fully set forth in this Section 1.
SECTION TWO. The Village is hereby authorized to execute a Settlement Agreement with George C. Bravos as Trustee of a Trust known as Trust No. 118318-07 in substantially the form shown in Exhibit A subject to the final review and approval of the same by the Village Manager and the Village Attorney.
SECTION THREE. That the various provisions of this Resolution are to be considered severable and if any part or portion of this Resolution shall be held invalid by any Court of competent jurisdiction, such decision shall not affect the validity of the remaining provisions of this Resolution.
SECTION FOUR. All prior Resolutions and Resolutions, or parts thereof in conflict or inconsistent with this Resolution are hereby expressly repealed only to the extent of such conflict or inconsistency.
SECTION FIVE. This Resolution shall be in full force and effect from and after its passage, approval and publication in pamphlet form as provided by law.