HomeMy WebLinkAboutRESOLUTIONS-1992-067-R-92•
RESOLUTION
67-R-92
ENDORSEMENT OF THE EXPLORATION OF THE
REDEVELOPMENT OF THE WASHINGTON NATIONAL SITE
WHEREAS, maintaining and enhancing the tax base of the
City of Evanston is important to the economic vitality of the
community; and
WHEREAS, the announced plan of Washington National
Insurance Company to relocate outside of the City of the Evanston;
will have an adverse economic impact upon the City; and
WHEREAS, The John Buck Company has entered into a joint
venture with Washington National Insurance to redevelop the site at
1660 Chicago Avenue; and
WHEREAS, The John Buck Company proposes that the site be
redeveloped as a multi -family residential high rise development;
and
WHEREAS, the Economic Development Committee has reviewed
information regarding the proposed project; and
WHEREAS, the Economic Development Committee endorses
the exploration of the redevelopment project as proposed by The
John Buck Company for the redevelopment of the Washington National
site; the consideration of a tax growth contract concept; and the
utilization of a Planned Development.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the City Council endorse a review of
a tax growth contract concept; and
SECTION 2: That the City Council encourage District #
65 and District # 202 to also review and consider the concept of
the tax growth contract; and
SECTION 3: That the City Council direct the Economic
Development Committee to convene a Public Hearing to provide
information and receive input from the community regarding the
concept of the tax growth contract; and
SECTION 4: That the City Council direct the Zoning
Board of Appeals and the Plan Commission to consider any
67-R-92 •
application for a Planned Development in a most expeditious manner
so that a recommendation regarding Planned Development is forwarded
to the City Council's Planning & Development Committee within 90
days. ^�ssi t a �8 .-at-, nn of the
Ploa4mAed OL'.;vl,, r:..:.�..�-pr-eato. .moo acL I-erth in the -pro osnrl zoning
.and
SECTION 5: That the City Council direct the City
Manager to initiate negotiations with representatives of the John
Buck Company regarding a tax growth contract and that such
negotiations include representatives or representation from
District # 65 and District # 202; and
SECTION 6: That the City Manager report a
recommendation regarding the tax growth contract to the City
Council's Administration & Public Work's Committee no later than
the reports to the City Council from the Plan Commission and Zoning
Board of Appeals regarding the Planned Development;_and
SECTION 7: That the Economic Development Committee
monitor all undertakings prior to presentation to the City,Coun611
and provide periodic reports as deemed appropriate by the EDC to
the City Council; and
SECTION 8: That the City Council shall undertake
good faith efforts to render a final legislative decision with
respect to the project before January 1, 1993.
SECTION 9: That this Resolution shall .be in full*
force and effect . from and after the date of its passage : and... .',.--
approval in the manner prov'
Mayor
ATTES
Cit Clerk .�. - _.-..._�..- ..•. -
Adopted: Z, 1992
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