HomeMy WebLinkAboutORDINANCES-2000-053-O-00•
04/04/00
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AN ORDINANCE
Authorizing the City Manager to Enter into a
Real Estate Contract for the Sale of Property
At 1011 University Place, Evanston, Illinois
WHEREAS, the City of Evanston owns the real property commonly known as 1011
University Place, Evanston, Illinois, legally described as follows:
LOT 21 (EXCEPT THE WEST 38 FEET THEREOF) AND ALL OF LOT 22 IN
BLOCK 1 IN THE CIRCUIT COURT SUBDIVISION IN PARTITION OF LOT 22,
BEING THAT TRIANGLE PIECE OF LAND BOUNDED ON THE NORTH BY
EMERSON STREET, ON THE SOUTHWEST BY EAST RAILROAD AVENUE, AND
ON THE EAST BY MAPLE AVENUE, (EXCEPT ONE ACRE IN THE WEST ANGLE
THEREOF) IN COUNTY CLERK'S DIVISION OF UNSUBDIVIDED LANDS IN THE
NORTHWEST % OF SECTION 18, TOWNSHIP 41 NORTH, RANGE 14 EAST OF
THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY, ILLINOIS.
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 49-0-00 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
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WHEREAS, the City Manager recommends that a sale between the City of
Evanston, as seller, and MSRE Evanston Office, LLC, 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
of Evanston and its residents will be served by conveying the aforesaid real property to
MSRE Evanston Office, LLC, for the sum of $196,040.00 (one hundred ninety-six thousand
forty and no/100 dollars) 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 MSRE Evanston Office, LLC, 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 1011 University Place, Evanston, Illinois.
SECTION 3: That the City Manager is hereby authorized and directed to sign, and
the City Clerk is hereby authorized and directed to attest, the Contract in Exhibit A,
attached hereto and made a part hereof, pursuant to the terms of which the subject
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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 real
property as he may deem fit and proper.
SECTION 4: That 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, including other
documents referred to in said contracts.
SECTION 5: That all ordinances or parts of ordinances in conflict herewith are
hereby repealed.
SECTION 6: That this ordinance shall be in full force and effect upon passage and
approval.
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Introduced: ,� , 2000
Adopted:, 1,� '� , 2000
ApQrov1(� _F'' 1 �, , 2000
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ATTEST:
Gi\}' Clerk
Appro ed a to form:
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