HomeMy WebLinkAboutRESOLUTIONS-1992-076-R-9276-R-92
A RESOLUTION
Authorizing the ?vhain Street Commons Plat of Subdivision
Subject to Certain Occurrence and Conditions
WHEREAS, the City Council of the City of Evanston has adopted Ordinance
63-0-92 approving the terms and authorizing the City Manager to execute a
redevelopment agreement for the redevelopment of the Main Street Commons
Shopping Center; and
WHEREAS, it is in the best interests of the people of Evanston that the
contemplated redevelopment of the Main Street Commons Shopping Center be
implemented; and
WHEREAS, the City Council of the City of Evanston has adopted Ordinance
69-0-92 approving the sale of certain property for the redevelopment of the Main
Street Commons Shopping Center; and
WHEREAS, after the sale of this City property, it is necessary to combine
and then subdivide the property with adjoining property to implement the
contemplated Main Street Commons Redevelopment Project; and
WHEREAS, the Plat of Subdivision attached hereto as Exhibit A, henceforth
referred to as the Main Street Commons Plat of Subdivision, contemplates certain
actions precedent to its approval, enactment and recording; and
WHEREAS, the actions necessary to take place prior to the enactment of
the Main Street Commons Plat of Subdivision are to take place at a real estate
closing transferring property ownership and enacting a Plat of Vacation duly
approved by the City Council of the City of Evanston which vacates a portion of
Pitner Avenue; and
WHEREAS, these actions are to be followed by other actions at the real
estate closing planned to occur immediately upon the recording of the Main Street
Commons Plat of Subdivision;
NOW, THEREFORE BE IT RESOLVED by the City Council of the City of
Evanston, Cook County, Illinois:
SECTION 1: That the lrlain Street Commons Plat of Subdivision hereto
attached as Exhibit A is hereby approved and shall take
effect only upon 1) the purchase of the subject property by LaSalle National Trust
N.A. as Trustee under Trust Agreement dated February 20, 1984 and known as Trust
No. 107664, except for that portion of the subject property retained by Highland
Superstores, Inc., and that portion of the subject property already owned by LaSalle
National Trust N.A., as trustee as aforesaid and 2) the enactment and recording of a
duly adopted Ordinance of Vacation vacating the western half of that portion of
Pitner Avenue, between the center line of Washington and Cleveland Streets.
SECTION 2: That this approval of the Main Street Commons Plat
Subdivision is subject to the stamp of the County Clerk
indicating real estate taxes and special assessment on the property have been paid to
date.
SECTION 3: That approval of the Main Street Commons Plat of
Subdivision attached as Exhibit A is conditioned upon
possession by a title company agreeable to the City of the following fully executed
documents in a form recordable and intended for recording immediately upon the
recording of the Plat of Subdivision: 1) First amendment to Deed of Declaration; 2)
First Amendment to Construction, Operation, Maintenance and Reciprocal Easement
Agreement; 3) Trustee's Deed from LaSalle Trust No. 107664 to Wal-Mart Stores
Inc.; and 4) New Construction, Operations, Maintenance and Reciprocal Easement
Agreement.
SECTION 4: That the City Manager of the City of Evanston or his
designee, administrative officers of the City of Evanston and
the City Clerk respectively, are hereby authorized and directed to execute, attest
and deliver such documents, agreements and certificates as may be necessary to
enact this Plat of Subdivision as herein approved.
r n effect followin iis
SECTION 5: This resolution shall be in full force and of c g
passage and approval in the manner provided by law.
i'
Mayor
ATTEST:
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j
/ City Clerk
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ADOPTED: /J, , 1992
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29Y70/71