Title
A RESOLUTION AUTHORIZING THE EXECUTION OF A WARRANTY DEED AND CONVEYANCE DOCUMENTS (Weber Road-Parcel conveyed to Village by Sterling Wetlands LLC)
Body
WHEREAS, the Village of Romeoville has received a conveyance of certain property on the east side of Weber Road and south of Interstate 55 from Sterling Wetlands LLC under a deed recorded as Document No. R2005223963 with the Will County Recorder's Office; and
WHEREAS, in connection with the ongoing IDOT project to reconstruct the interchange at Weber Road and I-55, the Will County Department of Transportation, working in concert with IDOT, has requested the Village to convey by warranty deed a portion of the property subject thereto, and to execute various related conveyance documents in connection therewith, all in substantially the form attached hereto and incorporated herein as Exhibit A; and
WHEREAS, the Village has determined that it is in the best interests of the Village to approve the execution of the deed to the Will County Department of Transportation and conveyance documents as Exhibit A, subject to the payment to and receipt by the Village of compensation for the property being conveyed; and
WHEREAS, the Village is authorized to approve this instrument in the exercise of its powers of intergovernmental cooperation as authorized by Article 7, Section 10 of the Illinois Constitution of 1970 and the Intergovernmental Cooperation Act, 5 ILCS 220/1 et. seq.
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 President and Clerk are hereby authorized to execute and attest to the execution of a warranty deed and conveyance documents in substantially the form attached hereto as Exhibit A, subject to the Village's receipt of compensation in the amount of $5,000.00 for t...
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