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ANNEXATION AGREEMENT FOR CERTAIN PROPERTY

ANNEXATION AGREEMENT FOR CERTAIN PROPERTY 2026

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The document is an Annexation Agreement between the Village of Downers Grove and the Argianas Family, LLC and Sonaigra, LLC for the annexation of properties located at 5505, 5507, and 5509 Belmont Road in Downers Grove, Illinois. It outlines the terms and conditions for the annexation, including zoning changes to R-6 Multiple Family Residence, special use permits for an office building and parking lot expansion, easements for utilities, and obligations for both parties regarding development and compliance with municipal codes.

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Click ‘Get Form’ to open the ANNEXATION AGREEMENT in our editor.
Begin by filling in the date at the top of the document where indicated. This is essential for establishing the timeline of the agreement.
In the first section, provide details about the property, including its common name and legal description. Ensure accuracy as this information is crucial for identification.
Next, review and complete any sections regarding annexation terms. This includes understanding obligations related to zoning and development as outlined in paragraphs 5 and 6.
Fill out any required fields for fees associated with the agreement, ensuring you note who is responsible for payment as specified in paragraph 3.
Finally, ensure all parties sign where indicated at the end of the document. Use our platform’s signature feature to facilitate this process seamlessly.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is annexation good or bad?

Annexation cannot be easily categorized as good or bad, as that depends on ones point of view. Homeowners might say it is bad, as they have to pay higher property taxes, while the municipality may say it is good, as it enjoys higher revenues and an increased tax base.

What is an annexation agreement?

An annexation agreement is a contract between two or more city localities that allows one city to extend their services to cover another. This can include regulations, voting rights, the right to lay out and maintain streets, build bridges, and enforce or collect taxes.

Is annexation a good or bad thing?

You may file to annex your property if: All property owners in the proposed territory file petitions. A majority of property owners in the proposed area agree to a single petition. The property is not unreasonably large The benefits of the annexation and surrounding areas outweigh the detriments.

What makes annexation legal?

Annexation amounts to an act of aggression, forbidden by international law. IHL provides that in the event that an Occupying Power annexes all or part of an occupied territory, protected persons therein shall not be deprived of the benefits of the Fourth Geneva Convention.

What is an example of annexation?

Examples of Annexation The most common form of annexation across history has been through military conquest and control. In 1938, for example, Germany marched into Austria and conquered it. They claimed that they wanted to unify the Germanic people and annexed the former nation of Austria into their country.

What does annexation mean simple?

Meaning of annexation in English possession taken of a piece of land or a country, usually by force or without permission: The countrys annexation of its neighbor caused an outcry. Annexations helped San Jose grow into one of the nations biggest cities. See. annex.

ANNEXATION AGREEMENT FOR CERTAIN PROPERTY 2026

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