CERTIFICATE OF COMPLETION

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Transcription:

CERTIFICATE OF COMPLETION PURSUANT TO Section 7.01 of the Near South Redevelopment Project Area Redevelopment Agreement (the "Agreement") dated as of July 19,2000, by and between the City of Chicago, an Illinois municipal corporation (the "City"), and, American Stores Properties, Inc. a Delaware Corporation (the "Developer"), the City, by and through its Department of Planning and Development hereby certifies as follows: 1. Completion of the Project. The Company has fulfilled its obligation to complete the Project (as defined in the Agreement) located on the property legally described on Exhibit A hereto, in accordance with the terms of the Agreement. 2. Other provisions of the Agreement; no waiver. Except with respect to the terms of the Agreement specifically related to the Company's obligation to complete 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. JN WITNESS WHEREOF, the City has caused this Certificate of Completion to be executed this Jlh day of February, 2005. CITY OF CHICAGO By~~~ BobK ze Deputy Co tsstoner Department of Planning and Development

STATE OF ILLINOIS ) ) ss COUNTY OF COOK ) I, J...Df?!l.{ A NG:G/l, a notary public in and for the said County, in the State aforesaid, DO HEREBY CERTIFY that ob Kunze, personally known to me to be a Deputy CommiSSioner of 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 this l day of February 2005. _J,f)~-.a.~ ~Public My Commission Expires (., /!J /o 1 r 1

EXHIBIT A To Certificate of Completion dated February 7, 2005 Legal Description of the Project as defined in the American Stores Properties, Inc. Redevelopment Agreement The legal description of the Project Area (defmed in the American Stores Properties, Inc. Redevelopment Agreement dated as of July 19, 2000) follows this Exhibit A cover sheet.

PARCEL 1: PARCEL2: PARCEL3: THE WEST Y:a OF BLOCK 3 IN ASSESSOR'S DIVISION OF PART OF THE NORTHWEST FRACTIONAL 1/4 OF SECTION 22, TOWNSHIP 39 NORTH, RANGE 14 EAST OF THE THIRD MERIDIAN IN COOK COUNTY, ILLINOIS (EXCEPTING FROM SAID PARCEL THAT PART DESCRIBED AS FOLLOWS: THAT PART FALLING WITHIN 12m STREET (ALSO KNOWN AS ROOSEVELT ROAD). LOT 1 IN seaman's SUBDMSION OF BLOCK 5 OF THE WEST~ OF BLOCK 4 AND THE WEST 148 FEET OF BLOCK 6 OF ASSESSOR'S DIVISION OF PART OF THE NORTHWEST FRACTIONAL 114 OF SECTION 22, TOWNSIDP 39 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. LOT 2 (EXCEPT THE WEST 30 FEET THEREOF AND EXCEPT THAT PART CONDEMNED FOR WIDENING 12m STREET) IN ASSESSOR'S DIVISION OF THE EAST Yz OF BLOCK J WITH THE NORTH 7 FEET OF THE EAST ~OF BLOCK 4 IN ASSESSOR'S DIVISION OF THE NORTHWEST FRACTIONAL 1/4 OF SECTION 22, TOWNSHIP 39 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY~ ILLINOIS. ALSO PARCEL 4: LOT 3 (EXCEPT THAT PART THEREOF FALLING IN ALLEY AND EXCEPT THAT PART THEREOF FALLING IN THE RIGHT OF WAY OF THE CHICAGO TRANSIT AUTHORITY) IN ASSESSOR'S DIVISION OF THE EAST Yz OF BLOCK 3 WITH THE NORTH 7 FEET OF THE EAST Yz OF BLOCK 4 IN ASSESSOR'S DIVISION OF THE NORTHWEST FRACTIONAL 1/40FSECTION22, TOWNSHIP 39NORTH,RANGE 14,EASTOFTHETHIRDPRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS. LOTS 4 AND S (EXCEPT THE WEST 32 FEET THEREOF) AND LOT 6 (EXCEPT THE WEST 25 FEET THEREOF) IN ASSESSOR'S DIVISION OF THE EAST Y2. OF BLOCK 3 AND THE NORTH 7 FEET OF THE EAST \.4 OF BLOCK 4 IN ASSESSOR'S DIVISION OF PART OF THE NORTHWEST FRACTIONAL 1/4 OF SECTION 22, TOWNSHIP 39 NORTH, RANGE 14 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.

EXHIBITB To Certificate of Completion dated February 7, 2005 Street Address of the Project as defined in the American Stores Properties, Inc. Redevelopment Agreement Street Address commonly known as: Permanent Index Number(s): * 1200-1229 South Wabash Avenue, Chicago, Illinois 60605 * 17-22-100-010 17-22-100-011 17-22-100-012 17-22-100-013 17-22-100-014 17-22-100-034 17-22-100-035