AGREEMENT TO CONSTRUCT AND LEASE UPON COMPLETIONConstruction and Lease Agreement • April 8th, 2022 • Illinois
Contract Type FiledApril 8th, 2022 JurisdictionMunicipal Corporation having its offices at 31 South Prospect Street, Roselle, Illinois, which together with any successor municipal corporation or public body hereinafter designated by or pursuant to law replacing it (hereinafter the “Village”), exercising its governmental powers pursuant to 65 ILCS 5/11-74.4-1 et seq., the “Tax Increment Allocation Redevelopment Act of the State of Illinois (hereinafter “Act””), 400 ROSELLE, LLC, an Illinos limited liability company whose address is 2500 South Highland Avenue, Suite 103 Lombard, Illinois (hereinafter “Residential Owner”), 400 GARAGE, LLC, an Illinos limited liability company whose address is 2500 South Highland Avenue, Suite 103 Lombard, Illinois (hereinafter “Garage Redeveloper”), and MERCHANTS BANK OF INDIANA, whose address is 410 Monon Boulevard, 5th Floor, Carmel, Indiana (hereinafter “Lender” and, collectively with the Village, Garage Redeveloper and Residential Owner as the “Parties” and individually as a “Party”).