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HomeMy WebLinkAboutRESOLUTIONS-1996-013-R-96• 13-R-96 A RESOLUTION Authorizing the City Manager to Sign a Release of Easement Agreement with Church Chicago Limited Partnership and Washington National Insurance Company WHEREAS, the City of Evanston and WASHINGTON NATIONAL INSURANCE COMPANY, an Illinois corporation ("WNIC") entered into a certain Easement Agreement dated March 16, 1979, and recorded March 30, 1979, as Document No. 24898355 in the Office of the Recorder of Deeds of Cook County, Illinois (the "Easement Agreement"), by which the City granted to WNIC the right to construct an elevated enclosed pedestrian walkway over the north -south dedicated alley located between Church Street and Davis Street, and between Orrington Avenue and Chicago Avenue, a location to have been designated on "Exhibit A" attached thereto (the "Easement"), and the parties thereto agreed to certain covenants respecting such easement; and WHEREAS, WNIC has since conveyed a portion of the property benefitted by the Easement to CHURCH & CHICAGO LIMITED PARTNERSHIP, an Illinois limited partnership; and WHEREAS, the walkway referred to in the Easement Agreement has now been demolished and the property benefitted by the Easement is no being used and developed in a manner such that the Easement no longer serves the purposes for which is was granted; and WHEREAS, the parties hereto mutually desire to release and terminate the Easement 40 and the Easement Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON: SECTION 1: That the City Manager is hereby authorized and directed to sign the Release of a Easement Agreement 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 are in the best interest of the City. SECTION 3: That this Resolution shall be in full force and effect from and after the date of its passage and approval in the manner provided by law. :i'� C1-C-rc-� Mayor ES City Clerk Adopted: 0 �/�2" I �-- , 1996 K • • •