HomeMy WebLinkAboutORDINANCES-2015-114-O-158/14/2015
114-0-15
AN ORDINANCE
Authorizing the City Manager to Enter into a Real Estate Contract for
the Sale of the Certain City -Owned Real Property at
1821 Ridge Avenue to NRG Acquisitions, LLC
THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: Legislative Statement.
At the time of passage of this ordinance, the City of Evanston owns real property
with a real property address of 1821 Ridge, Evanston, Illinois, legally described in
Exhibit A attached hereto and incorporated herein by reference (the "Subject Property")
The City Council of the City of Evanston has determined that ownership of the
Subject Property is no longer necessary, appropriate, required, or in the best interest of
the City of Evanston. The City Council determined that the best interest of the City of
Evanston would be served to sell the Subject Property to NRG Acquisitions, an Illinois
limited liability company ("NRG Acquisitions"). On April 13, 2015, the City Council
adopted Ordinance 29-0-15 authorizing the City Manager to negotiate the sale of the
Subject Property to potential purchasers.
Pursuant to Ordinance 29-0-15, the City Council, by a vote of two-thirds (2/3) of
the elected Aldermen then holding office directed that the Subject Property be sold by
negotiation on behalf of the City. Negotiations commenced and concluded. The City
Manager recommends that a sale between the City of Evanston as Seller, and NRG
Acquisitions, LLC, as Buyer, be hereby accepted by the City Council for the aforesaid
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Property legally described in Exhibit A. The City Council finds and determines that the
best interests of the City of Evanston and its residents will be served by conveying the
aforesaid Subject Property to NRG Acquisitions on terms consistent with the
Agreement for Purchase and Sale of Real Estate and in a form acceptable to the
Corporation Counsel prior to execution, the proposed agreement is attached as
Exhibit B and incorporated herein by reference (hereinafter, the "Agreement")
SECTION 2: That the negotiated sale of the Subject Property to NRG
Acquisitions, as Buyer is hereby accepted by the City Council of the City of Evanston
for the real Property legally described in Exhibit A and commonly known as 1821
Ridge, Evanston, Illinois.
SECTION 3: The City Manager is hereby authorized and directed to sign
the real estate sale agreement and the City Clerk is hereby authorized and directed to
attest, the Agreement for Purchase and Sale of Real Estate in Exhibit B, pursuant to the
terms of which the Property shall be conveyed. The City Manager is further authorized
to negotiate any changes or additional terms and conditions with respect to the sale of
the aforesaid Property as the City Manager may deem fit and proper.
SECTION 4: The City Manager and the City Clerk, respectively, are
hereby authorized and directed to execute, attest, and deliver such other documents,
agreements, and certificates as may be necessary to the sale herein authorized, which
are in a form acceptable to the Corporation Counsel.
SECTION 5: Pursuant to Subsection 1-17-4-2-(B) of the Evanston City
Code, 2012, as amended (the "City Code"), an affirmative vote of two-thirds (%3) of the
elected Aldermen is required to accept the recommendation of the City Manager on the
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negotiation authorized herein. The City reserves the right to reject any and all
negotiations.
SECTION 6: Pursuant to City Code Subsection 1-17-4-2-(B)-3, Notice of
Intent to Sell and Lease Certain Real Estate was published in the Sun Times, a
newspaper in general circulation in the City, on August 27, 2015. Said publication was
neither less than fifteen (15) nor more than thirty (30) days before the date on which the
City Council considered adoption of this ordinance authorizing the City Manager to
execute a sales contract as the result of a negotiated sale.
SECTION 7: All ordinances or parts of ordinances in conflict herewith are
hereby repealed.
SECTION 8: This ordinance shall be in full force and effect from and after
its passage, approval, and publication in the. manner provided by law.
SECTION 9: If any provision of this Ordinance or application thereof to
any person or circumstance is held unconstitutional or otherwise invalid, such
invalidity shall not affect other provisions or applications of this Ordinance that can be
given effect without the invalid application or provision, and each invalid application of
this Ordinance is severable.
SECTION 10: The findings and recitals contained herein are declared to
be prima facie evidence of the law of the City and shall be received in evidence as
provided by the Illinois Compiled Statutes and the courts of the State of Illinois.
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Ayes:
Nays. -
Introduced 2015
Adopted:n&��cQX1fL�QX 1� , 2015
Attest:
/�R ney Gr ne, City Clerk
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Approved:
,fieeanl ei1Q�? �� , 2015
�j/ /
Eli a eth B. Tisdahl, Mayor
Approved as to fo m:
W. Grant Farrar, Corporation Counsel
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EXHIBIT A
LEGAL DESCRIPTION
LOTS ONE (1), TWO (2) AND THREE (3) IN THE RESUBDIVISION OF BLOCK ONE
(1) IN E.A. PRATT'S ADDITION TO EVANSTON, A SUBDIVISION OF THE
SOUTHWEST QUARTER (SW '/.) OF THE NORTHWEST QUARTER (NW Y,), LYING
EAST OF RIDGE ROAD, AND WEST OF THE MILWAUKEE DIVISION OF THE
CHICAGO AND NORTHWESTERN RAILROAD IN SECTION EIGHTEEN (18),
TOWNSHIP FORTY-ONE (41) NORTH, RANGE FOURTEEN (14) EAST OF THE
THIRD PRINCIPAL MERIDIAN.
Real property address: 1821 Ridge, Evanston, Illinois 60201
PINs: 11-18-116-018-0000
11-18-116-019-0000
11-18-116-020-0000
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EXHIBIT B
REAL ESTATE PURCHASE AND SALE AGREEMENT