HomeMy WebLinkAboutRESOLUTIONS-2000-034-R-004/18/00
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A RESOLUTION
Authorizing the City Manager to Execute A
Contract With the Chicago Transit Authority
for the Purchase of the Property at 860 Chicago Avenue,
Evanston, Illinois (Chicago Main Newsstand Property)
WHEREAS, the property at 860 Chicago Avenue, commonly known as the Chicago -
Main Newsstand located at the southwest corner of Chicago Avenue and Main Street, is
owned by the Chicago Transit Authority; and
WHEREAS, a one-story commercial building is located on said property; and
WHEREAS, the one-story commercial building contains approximately 1351 square
feet; and
WHEREAS, the property has been vacant since approximately 1993; and
WHEREAS, the property is conveniently located to adjacent public transportation; and
WHEREAS, it is the best interests of the City that the City purchase said property to
further potential development of the site, to preserve and maintain the economic viability of
the surrounding neighborhood, and to preserve potential open space; and
WHEREAS, pursuant to Resolution 81-R-97 the City Council authorized the City
Manager to enter into negotiations with the Chicago Transit Authority for the property at 860
Chicago Avenue; and
WHEREAS, the City Manager and the Chicago Transit Authority have had negotiations
for the purchase of said property; and
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WHEREAS, the Chicago Transit Authority has agreed pursuant to Ordinance 99-156 0
dated October 18, 1999 to sell the property to the City for $175,000.00 as amended by
Ordinance dated April 12, 2000,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the City shall purchase the property at 860 Chicago Avenue formerly
known as the Chicago Main Newsstand for the purchase price of $175,000.00.
SECTION 2: That the City Manager is hereby authorized and directed to sign, and the
City Clerk hereby authorized and directed to attest to a Purchase and Sales Agreement for 860
Chicago Avenue. The Agreement shall be substantial conformity with Exhibit A attached
hereto and incorporated herein by reference. The City Manager is further authorized to
negotiate such additional terms to the Agreement as may be in the best interests of the City.
SECTION 3: That this Resolution shall be in full force and effect following its passage
and approval in a manner provided by law.
Mayor
Ci Che'rk
Adopted: ,� G 7 2000
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