CC_Minutes_1961_0714 - Laserfiche WebLink

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-.5- 3. Second party does hereby grant unto first party, his agents or assigns~ the right to construct said improvements upon all public streets where involved for a period of ninety (90) dajy's from the date hereof" which improvements shall conform to grades as established by the Village Engineer and to standards as established by the Village code. In the event that first party shall fa.il to install or complete said improvements on Village property, first party agrees that second party may install and complete the same upon completion of which first party shall pay to second party the cost thereof. 4. First party agrees to install or cause to be installed all fences, trees and sodded are as as designated on said plan on first par'tyU s property within l20 days from the date hereof, except trees by May l5'jI 1962 said fence to be of such style or desi. gn as designated by second party or its agent, it being further agreed that if first party shall in any respect fail to complete the work designated in this paragraph~ that then second party may cause the same to be accomplished and is granted the continuing irrevocable right for such period of time as is reasonably necessary after the eXpiration of said l20 day period to accomplish the same and first party agrees to pay for the cost of such work immediately upon completion. 5'.. After the completion of the improvEments as herein designated, first party shall have the right to assign this contract to a tenant under a thirty-three (33) year lease and upon notice in writing to second party and filing of a consent by such tenant, first party shall be relieved of any further liability. 6. First party agrees to maintain the grass, trees and fence and to replace~ if necessary, from time to time so as to keep the same in an orderly and neat appearing condition, it being agreed that if first party is notified by second party with respect to some needed maint- enffice and first pg.rty does not perform the same within a reasonable time, second party may cause such maintenance to be performed and first party agrees to pa;v for the same immediately upon completion. WHEREFORE, the parties have set their hands this 14th day of Julyjl 1961" McGee Moved9 Reinecke Seconded that the Village Attorney be authorized to draw up an ordinance rezoning Lot 1, Block 2, Krannak Plat and South 1/2 of lone Street~ vacated adjacent, from Rl to SO. Roll Call, Ayes (4) ,-, Na,ys (0)" Reinecke Moved~ McGee Seconded that the Village Attorney draw up an ordinance rezoning Lot 1, Block l, Krannak Plat and North 1/2 of lone Streetj vacated adjacent, From Rl to SC. Roll Call, .Ayes (4) - Nays (0)" Reinecke HovedSi Flanagan Seconded that a variance be granted to S" J. Krannak to construct a building in accordance with the plan for the Spartan Shopping Center signed by S. J. Krannak dated July 14, 1961 attached to and a part of the Site Development Contract between SITE DEVELOPMENT CONTRACT - S. J. KRANNAK (CONTiD) KR.lW NAK REZONING KRANNAK VARIANCE