Common use of Ownership and Annexation Clause in Contracts

Ownership and Annexation. The Owner/Developer represent that the Owner is the sole record Owner of the tract described in Exhibit “A” and that the Owner shall, within thirty (30) days of the approval of this agreement cause the tracts to be annexed to the City of Urbana by filing a legally sufficient annexation petition with all required signatures thereon, all in accordance with Illinois Statutes. The Owner/Developer further agree that the substance of this Section of the Annexation Agreement shall be included in any sales contract for the sale of any portion of the subject tracts. If the subject tracts are to be platted for subdivision, the Owner/Developer agrees that the substance of this provision regarding annexation shall be included in the subdivision covenant and such will constitute a covenant running with the land. The Owner/Xxxxxxxxx agrees for itself, successor and assigns, and all other persons intended herein to be obligated to consent to annexation, to cooperate in signing or joining in any petition for annexation for the subject tract and that mandamus would be an appropriate remedy in the event of refusal so to do, and, if the City has to resort to Court proceedings to enforce this obligation, the City shall be entitled to recover reasonable attorney’s fees. The Parties agree that nothing in this section shall preclude the voluntary annexation of the subject tract or any portion thereof earlier than would otherwise be required.

Ownership and Annexation. The Owner/Developer represent Owner represents that the Owner is the sole record Owner of the tract property described in Exhibit “A” and that the Owner shall, within thirty (30) days of the approval of this agreement cause the tracts to be annexed to the City of Urbana by filing a legally sufficient annexation petition with all required signatures thereon, all in accordance with Illinois Statutes. The Owner/Developer Owner further agree agrees that the substance of this Section of the Annexation Agreement shall be included in any sales contract for the sale of any portion of the subject tractsproperty. If the subject tracts are tract is to be platted for subdivision, the Owner/Developer Owner agrees that the substance of this provision regarding annexation shall be included in the subdivision covenant and such will constitute a covenant running with the land. The Owner/Xxxxxxxxx Owner agrees for itself, successor and assigns, and all other persons intended herein to be obligated to consent to annexation, to cooperate in signing or joining in any petition for annexation for the subject tract and that mandamus would be an appropriate remedy in the event of refusal so to do, and, if the City has to resort to Court proceedings to enforce this obligation, the City shall be entitled to recover reasonable attorney’s fees. The Parties agree that nothing in this section shall preclude the voluntary annexation of the subject tract or any portion thereof earlier than would otherwise be required.

Ownership and Annexation. The Owner/Developer represent Owner represents that the Owner is the sole record Owner of the tract property described in Exhibit “A” A and that the Owner shall, within thirty seven hundred and sixty (30760) days of the approval recording date of this agreement the Final Subdivision Plat of Somerset Subdivision Phase 5 cause the tracts to be annexed to the City of Urbana by filing a legally sufficient annexation petition with all required signatures thereon, all in accordance with Illinois Statutes. The Owner/Developer Owner further agree agrees that the substance of this Section of the Annexation Agreement shall be included in any sales contract for the sale of any portion of the subject tractsproperty. If the subject tracts are tract is to be platted for subdivision, the Owner/Developer Owner agrees that the substance of this provision regarding annexation shall be included in the subdivision covenant and such will constitute a covenant running with the land. The Owner/Xxxxxxxxx Owner agrees for itself, successor and assigns, and all other persons intended herein to be obligated to consent to annexation, to cooperate in signing or joining in any petition for annexation for the subject tract and that mandamus would be an appropriate remedy in the event of refusal so to do, and, if the City has to resort to Court proceedings to enforce this obligation, the City shall be entitled to recover reasonable attorney’s fees. The Parties agree that nothing in this section shall preclude the voluntary annexation of the subject tract or any portion thereof earlier than would otherwise be required.

Ownership and Annexation. The Owner/Developer represent Owner represents that the Owner is the sole record Owner of the tract property described in Exhibit “A” A and that the Owner shall, within thirty (30) days of a request by the City the approval of this agreement cause the tracts to be annexed to the City of Urbana by filing a legally sufficient annexation petition with all required signatures thereon, all in accordance with Illinois Statutes. The Owner/Developer Owner further agree agrees that the substance of this Section of the Annexation Agreement shall be included in any sales contract for the sale of any portion of the subject tractsproperty. If the subject tracts are tract is to be platted for subdivision, the Owner/Developer Owner agrees that the substance of this provision regarding annexation shall be included in the subdivision covenant and such will constitute a covenant running with the land. The Owner/Xxxxxxxxx Owner agrees for itself, successor and assigns, and all other persons intended herein to be obligated to consent to annexation, to cooperate in signing or joining in any petition for annexation for the subject tract and that mandamus would be an appropriate remedy in the event of refusal so to do, and, if the City has to resort to Court proceedings to enforce this obligation, the City shall be entitled to recover reasonable attorney’s fees. The Parties agree that nothing in this section shall preclude the voluntary annexation of the subject tract or any portion thereof earlier than would otherwise be required.

Ownership and Annexation. The Owner/Developer represent Owner represents that the Owner is the sole record Owner of the tract property described in Exhibit “A” A and that the Owner shall, within thirty ninety (3090) days of the approval of this agreement Agreement cause the tracts tract to be annexed to the City of Urbana by filing a legally sufficient annexation petition with all required signatures thereon, all in accordance with Illinois Statutes. The Owner/Developer Owner further agree agrees that the substance of this Section of the Annexation Agreement shall be included in any sales contract for the sale of any portion of the subject tractsproperty. If the subject tracts are tract is to be platted for subdivision, the Owner/Developer Owner agrees that the substance of this provision regarding annexation shall be included in the subdivision covenant and such will constitute a covenant running with the land. The Owner/Xxxxxxxxx Owner agrees for itself, successor and assigns, and all other persons intended herein to be obligated to consent to annexation, to cooperate in signing or joining in any petition for annexation for the subject tract and that mandamus would be an appropriate remedy in the event of refusal so to do, and, if the City has to resort to Court proceedings to enforce this obligation, the City shall be entitled to recover reasonable attorney’s fees. The Parties agree that nothing in this section shall preclude the voluntary annexation of the subject tract or any portion thereof earlier than would otherwise be required.