Ordinance approves amendments to ground lease and parking facility agreement.

ORDINANCE NO. 2026- 4602
ORDINANCE AUTHORIZING AND APPROVING THE EXECUTION OF A FOURTH
AMENDMENT TO GROUND LEASE WITH AHC ERA HM LLC AND A
SECOND AMENDMENT TO PARKING FACILITY AGREEMENT WITH AHC ERA HM LLC
FORA PORTION OF THE HOUGH-MAIN REDEVELOPMENT SITE WITHIN THE VILLAGE
CENTER TAX INCREMENT FINANCING REDEVELOPMENT PROJECT AREA
WHEREAS, the Corporate Authorities of the Village of Barrington, an Illinois home rule
municipal corporation, Cook and Lake Counties, Illinois (hereinafter, the “Village”), pursuant
to the powers granted to the Village by the Tax Increment Allocation Redevelopment Act, 65
ILCS 5/11-74.4-1, et seq. (the “Act”), on February 28, 2000, adopted the following Ordinances:
(a) Ordinance No. 00-2848 approving a redevelopment plan and project entitled “Village
of Barrington Village Center Tax Increment Financing Redevelopment Project and Plan”
dated December 3, 1999 )(the “Original Redevelopment Plan”);
(b) Ordinance No. 00-2849 designating the property de