Enactment of Annexation Ordinance. Concurrently with the execution of this Agreement (or within such other time as may be set forth in Schedule 2 (Special Terms), the City will enact a valid and binding ordinance (“the Annexation Ordinance”) annexing the Property to the City. The City shall file the Annexation Ordinance and a plat of annexation (to be provided by Developer at Developer’s cost) with the office of the County Recorder within thirty (30) days after enactment of the Annexation Ordinance. Developer shall pay all costs of recordation at the time of recordation. This Agreement, in its entirety, together with any petitions for annexation or zoning filed in connection herewith, shall be null and void, and of no force or effect unless the Property is annexed to the City contemporaneously with the approval and execution of this Agreement (or within such other time as may be set forth in Schedule 2 (Special Terms)).
Enactment of Annexation Ordinance. The Corporate Authorities shall enact an ordinance (the “Annexation Ordinance”) annexing Tract 2 (along with certain adjacent rights of way) to the Village concurrently with the Village’s execution of this Agreement. Certified copies of the Annexation Ordinance, along with copies of the Plats of Annexation, shall be recorded by the Village with the Xxxx County Recorder’s Office, at Owner’s expense.
