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HomeMy WebLinkAboutRESOLUTIONS-2001-061-R-01• 8/3/01 61-R-01 A RESOLUTION Authorizing the City Manager to Execute The Second Amendment to Redevelopment Agreement with 1880 Oak, LLC WHEREAS, the City of Evanston and 1880 Oak LLC have entered into a Redevelopment Agreement dated April 8, 1999, as amended by the First Amendment to Redevelopment Agreement dated December 20, 1999; and WHEREAS, the City of Evanston and 1880 Oak LLC desire to amend the Redevelopment Agreement as herein provided, 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 on behalf of the City the Second Amendment to Redevelopment Agreement with 1880 Oak LLC in substantial conformity with that attached hereto as Exhibit A and made a part hereof. SECTION 2: That the City Manager is hereby authorized and directed to negotiate any additional terms and conditions 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 by law. Lorraine H. Morton, Mayor 61-R-01 ATTEST: i y lerk Adopted: , 2001 • 0 • -2-