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HomeMy WebLinkAboutORDINANCES-1994-090-O-94• 8/15/94 8/25/94 90-0-94 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO ENTER INTO A REAL ESTATE CONTRACT FOR THE SALE OF PROPERTY AT 1928 FOSTER STREET, EVANSTON, ILLINOIS WHEREAS, the City of Evanston owns the real property commonly known as 1928 Foster Street, Evanston, Illinois, legally described as follows: See Exhibit A WHEREAS, the City Council of the City of Evanston has determined that 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 80-0-94, 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 said negotiations have occurred; and WHEREAS, the City Manager recommends that a sale between 0 the City of Evanston, as seller, and Uptown Habitat for Humanity as buyer, be hereby accepted by the City Council of the City of Evanston for the aforesaid real property legally described in • Exhibit A; 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 Uptown Habitat for Humanity on terms consistent with the Redevelopment Agreement set forth in attached Exhibit B, attached hereto and incorporated herein by reference; 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; and NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: The City Council of the City of Evanston finds as fact the recitals hereinabove set forth. SECTION 2: The negotiated sale to Uptown Habitat for Humanity 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 vacant land located at 1928 Foster Street, Evanston, Illinois. SECTION 3: The City Manager is hereby authorized and directed to sign, and the City Clerk is hereby authorized and directed to attest, the Redevelopment Agreement in Exhibit B, pursuant to the terms of which the subject property shall be conveyed. The City Manager is further authorized to negotiate any changes 0 2