HomeMy WebLinkAboutRESOLUTIONS-2000-051-R-005/18/00
• 51-R-00
A RESOLUTION
Authorizing the City Manager to Execute a
Redevelopment Agreement for the Davis Church
Office Development by and between the City of
Evanston and Davis Church Office Development, L.L.C.
Parcel 18, Lot 1
WHEREAS, pursuant to the terms of a Redevelopment Plan entitled "Downtown II
Redevelopment Plan and Redevelopment Project" which was adopted on January 28,
1985, as Ordinance 152-0-84, (hereinafter referred to as the "Redevelopment Plan"), the
City designated a certain area within its municipal limits for redevelopment and
revitalization with the development of office and related uses on land known as "Lot 1" of
Parcel 18 and referred to as the "Development Parcel"; and
WHEREAS, the Development Parcel is intended to be the site of the Davis Church
Office Development's construction of an office building; and
WHEREAS, the corporate authorities of the City, after due and careful
consideration, have concluded that the development of the Development Parcel as
provided in this Agreement and in the Redevelopment Plan will further the growth of the
City, facilitate the redevelopment of the Redevelopment Area, improve the environment of
the City, increase the assessed valuation of the real estate situated within the City,
increase the sales tax revenues realized by the City, foster increased economic activity
within the City, enable the City to control the development of the Development Parcel and
otherwise be in the best interests of the City; and
WHEREAS, the City, pursuant to the terms of this Agreement, agrees to provide
51-R-00
assistance to the Developer, and the Developer and City agree that but for the assistance •
from the City as provided herein, Developer would not and could not proceed with the
development of the Development Parcel for the intended use; and
WHEREAS, the development of the Development Parcel pursuant to this
Agreement, and the fulfillment generally of this Agreement, are in the vital and best
interests of the City and the health, safety and welfare of its residents and taxpayers,
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 is hereby authorized and directed to attest on behalf of the City of Evanston,
a Redevelopment Agreement for the redevelopment of Lot 1, Parcel 18 by and between
the City of Evanston and Davis Church Office Development, L.L.C., as a mix -used planned •
development, attached hereto as Exhibit 1.
SECTION 2: That the City Manager is hereby authorized and directed to negotiate
any additional terms 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 from and after its
passage and approval in the manner provi ed bylaw.
Mayor
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't�lerk
Adopted: 2000
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