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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 • 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 • 62-0-01 Appr?d: , 2001 Mayor -3- 62-0-01 • 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 • Commonly known as 1616 Sherman Avenue, Evanston, Illinois. • In