(A) This chapter and its terms and provisions shall be accepted by the grantee by written instrument executed and acknowledged by it as a deed is required to be, and filed with the Clerk of Council within 30 days after the passage of this chapter. Such written instrument shall state and express the acceptance of this chapter and its terms, conditions, and provisions and the grantee shall agree in the instrument to abide by, to observe, and perform same, and declare that statements and recitals herein are correct and that it has made and does make the agreements, statements, and admissions in this chapter recited to have been or to be made.
(B) This chapter shall take effect 30 days after its final passage, provided such formal acceptance hereof, of the terms and conditions by grantee as herein provided in form approved by the Director of Legal Services have been filed with the Clerk of Council within 30 days. If the aforementioned acceptance is not filed as required, this chapter shall not take effect but shall be void. The instrument of acceptance or an executed counterpart thereof, shall be filed for record in the office of the Clerk of Council at the grantee's expense within 30 days after the same is filed with the Village Clerk. The recorded copies of such acceptance shall be obtained and preserved by the Village Clerk.
(1995 Code, § 112.35) (Ord. 79-O-20, passed 7-9-1979)