Justice JOHNSON delivered the opinion of the court:
This proceeding arose from a suit brought by plaintiff, the Village of Arlington Heights (hereinafter, "the Village"), against defendant, Morton Kantoff, for failure to improve a parcel of real estate which he bought from the Village on June 21, 1982. The property was to be used temporarily as a parking lot until it was developed. Defendant filed a motion to dismiss contending that he was bound by no terms other...
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