HomeMy WebLinkAboutRESOLUTIONS-1999-007-R-991/7/99
• 7-R-99
A Resolution
Authorizing the City Manager to
Sign the Second Amendment to
the Redevelopment Agreement
Between the City of Evanston and
AHC Evanston, LLC
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK
COUNTY, ILLINOIS:
SECTION 1: _ That the City Manager is hereby authorized and directed to sign and the
City Clerk hereby authorized to attest on behalf of the City of Evanston Second Amendment to
the Redevelopment Agreement by and between the City of Evanston and AHC Evanston, LLC
• (Developer). Said Agreement is marked as Exhibit A attached hereto and incorporated herein by
reference.
SECTION 2: That the City Manager is hereby authorized and directed to negotiate any
additional terms and conditions as may be determined to be in the best interests of the City.
SECTION 3 That this Resolution shall be in full force and effect from and after its
passage and approval in the manner provided by law.
Mayor
ATTEST:
i Cl rk
Adopted: , 1999
11:
SECOND AMENDMENT TO REDEVELOPMENT AGREEMENT •
This Second Amendment to the Redevelopment Agreement is made and entered into as
of the day of January 1999 by and between the City of Evanston, Illinois, a home rule
unit of local government located in Cook County Illinois (the "City") and AHC Evanston, LLC
("Developer").
1. The date in paragraph 33 as amended for the parties to finalize the environmental
provisions is extended to February 15, 1999.
2. The date in paragraph 18(b) as amended for the City to deliver the survey to the
Developer is extended to February 15, 1999. The date in paragraph 18(c) as amended from
which the Developer shall have 45 days to notify the City of its acceptance or rejection of the
title commitments and survey commence on February 15, 1999.
3. The date in paragraph 4 for the City to authorize the Developer to construct the
Performing Art Center as extended to April 1, 1999.
4. The time and paragraph 2 in which the City will obtain transfer of fee simple title
of Tract 2 is extended to 150 days of the execution of this Agreement.
5. In all other respects the Redevelopment Agreement is confirmed. In the event of
any conflict between this Second Amendment and the Redevelopment Agreement the Second
Amendment shall control.
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In Witness Whereof, this Second Amendment has been duly authorized, approved and
executed by
the date and year first above set forth.
DEVELOPER
AHC EVANSTON, LLC,
AN ILLINOIS LLC
By:
AHC MANAGEMENT, INC.
AN ILLINOIS CORPORATION
MANAGER
BY ARTHUR J. HILL, PRESIDENT
CITY OF EVANSTON
Lo
Attest:
CITY MANAGER
as of