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This document outlines the resolution passed by the Kane County Board to authorize the disbursement of $66,675 from Land Cash Funds to the Kaneland Community Unit School District #302 as part of an intergovernmental agreement. It details the origin of the funds, the conditions for disbursement, and the responsibilities of the District in relation to any legal challenges regarding these funds.
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How to fill out land cash intergovernmental agreement
How to fill out land cash intergovernmental agreement
01
Begin by gathering necessary documentation related to the land cash agreement.
02
Identify all parties involved in the agreement and their roles.
03
Clearly outline the purpose and benefits of the land cash intergovernmental agreement.
04
Describe the terms and conditions that will govern the agreement.
05
Include detailed financial provisions, including any cash contributions and their intended use.
06
Specify timelines for the agreement, including start and completion dates.
07
Ensure compliance with local and state regulations governing land cash agreements.
08
Review the draft agreement with legal counsel to ensure its validity.
09
Obtain signatures from all parties to formalize the agreement.
Who needs land cash intergovernmental agreement?
01
Local government authorities looking to manage land use and development.
02
Private developers or companies involved in land development projects.
03
Community organizations interested in sustainable land practices.
04
Financial institutions involved in funding land-related projects.
05
Landowners and stakeholders who need clarity on cash contributions for development.
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What is land cash intergovernmental agreement?
The land cash intergovernmental agreement is a legal arrangement between governmental entities that allows developers to contribute cash in lieu of land dedication for public needs such as parks or schools.
Who is required to file land cash intergovernmental agreement?
Developers or property owners who are required to provide land for public use as part of their development plans are typically required to file a land cash intergovernmental agreement.
How to fill out land cash intergovernmental agreement?
To fill out a land cash intergovernmental agreement, individuals must complete the designated form provided by the local government, including details such as property information, amount of cash contribution, and intended use of the funds.
What is the purpose of land cash intergovernmental agreement?
The purpose of the land cash intergovernmental agreement is to ensure that developers contribute to public facilities and infrastructure that will serve the new development, promoting balanced community growth.
What information must be reported on land cash intergovernmental agreement?
Key information to be reported includes the developer's name and contact information, the property details, the amount of cash to be contributed, the purpose of the funds, and signatures from involved parties.
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