HomeMy WebLinkAboutRESOLUTIONS-1999-029-R-99•
4/15/99
29-R-99
A RESOLUTION
Authorizing the City Manager to
Execute the First Amendment to
"Agreement With Northwestern University for
Exchange of Real Estate"
WHEREAS, the City of Evanston ("City") and Northwestern University
("University") entered into that certain Agreement for Exchange of Real Estate dated as
of January 20, 1999 (the "Agreement"), which set forth the terms and conditions upon
which the City agreed to convey to the University the City Exchange Property in
exchange for the University Exchange Property and the University agreed to convey to
is the City the University Exchange Property in exchange for the City Exchange Property;
and
WHEREAS, pursuant to Section 3.2(c) of the Agreement, the City
provided the University with certain environmental studies detailing the environmental
condition of the City Exchange Property; and
WHEREAS, said studies disclosed the presence of certain hazardous
materials in soil and groundwater samples collected from the City Exchange Property;
and
WHEREAS, pursuant to Section 3.2(c) of the Agreement, the University
provided the City with that certain environmental study detailing the environmental
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condition of the University Exchange Property, entitled "Subsurface Soil Investigation,
Maple Street Substation Property, Northwestern University, Evanston, Illinois"; and •
WHEREAS, the University -Environmental Study concluded that there was
no evidence of significant impacts to soil and groundwater at the University Exchange
Property; and
WHEREAS, to accommodate the desire of the Parties to proceed with the
transaction contemplated by the Agreement, the City and the University desire to
amend the Agreement for the purpose of setting forth the terms and conditions upon
which the City will remain responsible for the Hazardous Materials on the City
Exchange Property, and the University will remain responsible for any Hazardous
Materials on the University Exchange Property,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE is
CITY OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the City Manager is hereby authorized and directed to
execute and the City Clerk is hereby authorized and directed to attest on behalf of the
City of Evanston the First Amendment to the Exchange of Real Estate Agreement
attached hereto as Exhibit A 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.
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SECTION 3: That this Resolution shall be in full force and effect from and
I• after its passage and approval in the manner provided by law.
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ATTEST:
i Clerk
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Adopted: ku'),G, , 1999
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Mayor pro tem