HomeMy WebLinkAboutORDINANCES-2001-062-O-0105/30/2001
62-0-01
AN ORDINANCE
Authorizing the City Manager to Enter into a
Real Estate Contract for the Sale of Property
At 1616 Sherman Avenue, Evanston, Illinois
WHEREAS, the City of Evanston owns the real property commonly known as
1616 Sherman Avenue, Evanston, Illinois, legally described as follows:
[SEE EXHIBIT A]
WHEREAS, the City Council of the City of Evanston has determined that the
ownership of the aforesaid real estate is no longer necessary, appropriate, required or in
the best interest of the City of Evanston; and
• WHEREAS, the City Council of the City of Evanston has determined that the best
interest of the City of Evanston would be served by the sale of said real estate to a qualified
party for private use; and
WHEREAS, pursuant to Ordinance 61-0-01 the City Council by a vote of 2/3 of the
elected Aldermen then holding office did direct that the process to sell said Property be by
negotiation on behalf of the City; and
WHEREAS, pursuant to said Ordinance, the negotiations have occurred; and
WHEREAS, the City Manager recommends that a sale between the City of
Evanston, as seller, and Sherman Plaza Venture, as buyer, be hereby accepted by the City
Council of the City of Evanston for the aforesaid real property, as legally described in this
• Ordinance; and
WHEREAS, the City Council finds and determines that the best interest of the City
62-0-01
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of Evanston and its residents will be served by conveying the aforesaid real property to
Sherman Plaza Venture, for the sum of $1.00 (one and no/100 dollar) and other good and
valuable consideration; and
WHEREAS, the notice of intent to sell City property has been published in a
newspaper of general circulation in the City of Evanston, as required by ordinance;
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the City Council of the City of Evanston finds as fact the recitals
hereinabove set forth.
SECTION 2: That the negotiated sale to Sherman Plaza Venture, as buyer, is
hereby approved by the City Council of the City of Evanston for the real property as legally •
described in this Ordinance and located at 1616 Sherman Avenue, Evanston, Illinois.
SECTION 3: That the City Manager and the City Clerk, respectively, are hereby
authorized and directed to execute, attest, and deliver such documents, agreements and
certificates as may be necessary to the sale herein authorized, including other documents
referred to in said contracts.
SECTION 4: That all ordinances or parts of ordinances in conflict herewith are
hereby repealed.
SECTION 5: That this ordinance shall be in full force and effect upon passage and
approval.
Introduced: °1,!i� P.,�'l,�C, % , 2001
Adopted: ''lf,44,U 2S , 2001
-2-
E
ATTEST:
t� clerk
Approved asltdJorm:
Corp ation Co' nsel
.7
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62-0-01
Appr?d: , 2001
Mayor
-3-
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EXHIBIT A
LOTS 15, 16, 17, 18, 33, 34, 35 AND 36 IN BLOCK 65 IN THE ORIGINAL VILLAGE OF
EVANSTION, AND ALSO VACATED PORTION OF THOSE PUBLIC ALLEYS
(ORDINANCE 98-0-68), DESCRIBED AS FOLLOWS,
TWENTY-FOUR (24) FEET PUBLIC ALLEY ADJOINING LOTS 15 TO 18,
INCLUSIVE, TOGETHER WITH THE NORTH TEN (10) FEET OF THE
TWENTY-FOUR (24) FEET PUBLIC ALLEY LYING SOUTH OF AND
ADJOINING LOTS 18 AND 33 AND THE SOUTH LINE OF SAID LOTS
EXTENDED, AND THE SOUTH TEN (10) FEET OF THE TWENTY-FOUR
(24) FOOT PUBLIC ALLEY LYING NORTH OF AND ADJOINING LOTS 15
AND 36 AND THE NORTH LINE OF SAID LOTS EXTENDED.
ALL IN BLOCK 65, IN THE SOUTHWEST QUARTER OF SECTION 18, TOWNSHIP 41
NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN IN THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS.
PINs: 11-18-304-010
11-18-304-025
11-18-305-026
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Commonly known as 1616 Sherman Avenue, Evanston, Illinois.
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