HomeMy WebLinkAboutRESOLUTIONS-2002-102-R-02•
12/10/2002
102-R-02
A RESOLUTION
Authorizing the City Manager to Execute
An Assignment and Assumption of
Parking Lease for 909 Davis
WHEREAS, Davis Church Office Development, L.L.C. ("Davis Church") owner of
909 Davis, signed a Parking Lease with the City of Evanston dated October 12, 2000, for
the property at 909 Davis; and
WHEREAS, Davis Church is selling and conveying to Simmons Vedder &
Company, a Texas Corporation, or an entity which is owned or controlled, in whole or part
• by Simmons Vedder & Co. or principals of Simmons Vedder & Co. ("Simmons Vedder"),
the real estate at 909 Davis described in Exhibit A; and
WHEREAS, Davis Church has agreed to assign to Simmons Vedder all of the right,
title and interest in and to the Parking Lease dated October 12, 2000; and
WHEREAS, the City Council has determined it is in the best interest of the citizens
of Evanston to approve said Assignment and Assumption of Parking Lease for 909 Davis,
NOW, THEREFORE, 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 and directed to attest on behalf of the City of Evanston,
• an Assignment and Assumption of Parking Lease between the City of Evanston, Davis
Church Office Development, L.L.C., and Simmons Vedder & Company, a Texas
102-R-02
Corporation, or an entity which is owned or controlled, in whole or part by Simmons Vedder •
& Co. or principals of Simmons Vedder & Co., for 909 Davis. Such Lease shall be in
substantial conformity with the Lease marked as Exhibit 1 attached hereto and
incorporated herein by reference.
SECTION 2: The City Manager is hereby authorized and directed to negotiate any
additional conditions on the Lease as may be determined to be in the best interests of the
City.
SECTION 3: This Resolution shall be in full force and effect from and after its
passage, approval, and publication in the manner provid�d by law.
Mayor
ATTEST:
e
t Clerk
Adopted: t� �� , 2002
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