FALCON FUNDING, LLC v. City of Elgin

Respondent, the City of Elgin (City), appeals from the trial court’s order granting summary judgment to petitioner, Falcon Funding, LLC, denying summary judgment to the City, and disconnecting certain property from the City’s corporate limits. We affirm.

I. BACKGROUND

On November 6, 1991, petitioner 1 and the City entered into an annexation agreement to annex 36.12 acres 2 of real property (with parcel identification number 03 — 19—400—019) to the City. The annexation agreement provided that, as the property’s owner, petitioner intended to develop the property, which is located at the southwest…