After Recording, Return To: William A. Nyberg, Esq. Assistant Corporation Counsel City of Chicago Department of Law Finance
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After Recording, Return To: William A. Nyberg, Esq. Assistant Corporation Counsel City of Chicago Department of Law Finance and Economic Development Division I2I N LaSalle St. Room 600 Chicago, II 60602 Reserved for use by County Recorder CERTIFICATE OF COMPONENT COMPLETION PURSUANT TO Article Seven of that certain Redevelopment Agreement (the "Agreement") dated as of January II, 2000, by and between the City of Chicago, an Illinois municipal corporation (the "City"), through its Department of Planning and Development ("DPD"), and the Board ofTrustees of the University of Illinois (the "Board" or "Developer"), and recorded as Document No. 00036676 on January I4, 2000 with the Recorder of Deeds of Cook County, Illinois, the City, by and through its Department of Planning and Development hereby certifies effective as ofMay 22, 20I5, as follows: I. Completion of Certain Components in the Project. Developer has fulfilled its obligation to complete certain Project Components/Phases only, as defined in Agreement Section 3.0I and as listed below, located on the Property legally described in Exhibit A hereto, in accordance with the terms ofthe Agreement: (a) Pre-development activities (b) Adaptive reuse plan/Campus Town Retail Center (h) Academic superblock #I 2. Other provisions of the Agreement; no waiver. Except with respect to the terms of the Agreement specifically related to the Developer's obligation to complete the above listed Project Components/Phases of the Project, which the City hereby certifies have been satisfied: (a) all executory terms and conditions of the Agreement and all representations and covenants contained therein remain in force and effect; and (b) the issuance of this certificate shall not be construed as a waiver by the City of any of its rights and remedies pursuant to such executory terms. IN WITNESS WHEREOF, the City has caused this Certificate of Component Completion to be executed as ofMay 22, 2015. CITY OF CHICAGO STATE OF ILLINOIS ) ) ss COUNTY OF COOK ) I, Pat-l ·et~ ~Je.uJs~ , a notary public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that James Horan, personally known to me to be a Deputy Commissioner in the Department of Planning and Development of the City of Chicago (the City), and personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he signed, sealed, and delivered said instrument pursuant to the authority given to him by the City, as his free and voluntary act and as the free and voluntary act of the City, for the uses and purposes therein set forth. GIVEN under my hand and official seal as ofMay 22, 2015. ' ~~~~~~._~PATRICIA SULEWSKI ~~£ OFFICIAL SEAL Notary Public Notary Public • State of llllnole My Commission Expires May07,20 1B My Commission Expires $1 j EXHIBIT A To Certificate of Component Completion dated effective May 22, 2015 Legal Description for the Project: a defined in the Board of Trustees oJ the University of Illinois Redevelopment Agreement The legal description of the Project Site follows this Exhibit cover sheet. LEGAL DESCRIPTION PARCEL 1: A PARCEL OF LAND CONTAINING CERTAIN LOTS, PARTS OF LOTS , PARTICULAR RESUBDIVISIONS AND STREETS f.J--JD ALLEYS IN VARIUOS BLOCKS OF BRAND'S ADDITION TO CHICAGO OF THE EAST 1/2 OF THE NORTHEAST 1/4 OF SECTION 20, TOWNSHIP 39 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN, DESCRIBED AS FOLLOWS: BEGINNING AT THE POINT OF INTERSECTION OF THE NORTH LINE OF 14TH PLACE AND THE WEST LINE OF HALSTED STREET· THENCE NORTH ALONG SAID WEST LINE OF HALSTED STREET AND SAID WEST LINE EXTENDED ACROSS 14TH STREET TO ITS POINT OF INTERSECTION WITH THE SOUTH LINE OF MAXWELL STREET, THENCE WEST ALONG SAID SOUTH LINE OF MAXWELL STREET AND SAID SOUTH LINE EXTENDED ACROSS NEWBERRY AVENUE TO ITS POINT OF INTERSECTION WITH THE WEST LINE OF NEWBERRY AVENUE; THENCE NORTH ALONG SAID WEST LINE OF NEWBERRY AVENUE AND SAID WEST LINE EXTENDED ACROSS MAXWELL STREET TO THE SOUTH LINE OF ROOSEVELT ROAD (SAID SOUTH LINE BEING A LINE 75 FEET SOUTH OF AND SAID WITH THE NORTH LINE OF THE EAST 1 /2 OF THE NORTHEAST 1/4 SECTION 20 AFORESAID); THENCE WEST ALONG SAID SOUTH LINE AND SAID SOUTH LINE EXTENDED ACROSS PEORIA STREET AND SANGAMON STREET TO ITS POINT OF INTERSECTION WITH THE EAST LINE OF MORGAN STREET· THENCE SOUTH ALONG SAID EAST LINE OF MORGANSTREET AND SAID EAST LINE EXTENDED ACROSS MAXWELL STREET AND 14TH STREET TO ITS POINT OF INTERSECTION WITH THE NORTH LINE OF 14TH PLACE; THENCE EAST ALONG ACROSS SAID NORTH LINE OF 14TH PLACE AND SAID NORTH LINE XETENDED ACROSS SANGAMON STREET, PEORIA STREET AND NEWBERRY AVENUE TO THE POINT OF- BEGINNING, IN COOK COUNTY. 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