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HomeMy WebLinkAboutRESOLUTIONS-2000-035-R-004/18/00 35-R-00, ►l_;4 � 91IIJ11tLei Ll Authorizing the City Manager to Enter Into an Intergovernmental Agreement at 860 Chicago Avenue Between The City of Evanston and the Chicago Transit Authority 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 WHEREAS, the Chicago Transit Authority has agreed pursuant to Ordinance 99-156 dated October 18, 1999 to sell the property to the City for $175,000.00 as amended by Ordinance dated April 12 2000• and p , WHEREAS, the City Council pursuant to Resolution 34-R-00 has authorized the purchase of the property at 860 Chicago Avenue; and WHEREAS, the proceeds of the sale of 860 Chicago Avenue will be used by the Chicago Transit Authority for specific improvements on Evanston stations; and WHEREAS, the City and the Chicago Transit Authority have negotiated an Intergovernmental Agreement for said proceeds, 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 Intergovernmental Agreement between the City of Evanston and the Chicago Transit Authority for the property at 860 Chicago Avenue, Evanston, Illinois, attached hereto and made a part of as Exhibit A. SECTION 2: That the City Manager is hereby authorized and directed to negotiate any additional conditions of the Agreement 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 following its passage and approval in a manner provided by law. Mayor 2 1 ST: ity k Adopted: t,I 2000 P r • 19