HomeMy WebLinkAboutORDINANCES-1994-100-O-94c%"'
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09-08-94
AN ORDINANCE
AMENDING
REAL ESTATE CONTRACT FOR ,THE SALE, OF »'
`PROPERTY LOCATED `AT -'
2230
MAIN STREET, EVANSTON, ILLINOIS .+'
WHEREAS,
the City of Evanston owns the real
property .,
commonly known as
2230 Main 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 63-0-94, 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
occurred; and
WHEREAS, on August 8, 1994, the City Manager recommended
that a sale between the City of Evanston, as seller, and LaSalle
National Bank as Successor to Exchange National Bank of Chicago as
• Trustee under Trust Agreement dated June 18, 1991 and known as
Trust Number 38712 (Owner of Record), by and through its
beneficiary, Michael Ward, be accepted by the City Council of the
+`fir
Cityof Evanston for
the real property
legally described
in
.Exhibit'
A and commonly known'as vacant
land located at
2230 Main
Street,'
Evanston, Illinois; and
t K F; .
WHEREAS, on August 8,
1994, pursuant
to Ordinance 70-0 r
�ntr.
94, the City Council authorized the sale of
2230 Main
Street`,;;-
Evanston, Illinois; and
WHEREAS, the City Council pursuant to Ordinance 70-0-94,
authorized the City Manager to negotiate changes or additional
terms and conditions with respect to the sale of 2230 Main Street,
Evanston, Illinois; and
WHEREAS, the City Manager has negotiated additional terms
and conditions including the sales price and certain roadway
construction provisions; and
WHEREAS, such additional terms and conditions are in the •
best interest of the City of Evanston.
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: That the additional terms and conditions
negotiated by the City Manager to LaSalle National Bank as
Successor to Exchange National Bank of Chicago as Trustee under
Trust Agreement dated June 18, 1991 and known as Trust Number 38712
(Owner of Record), by and through its beneficiary, Michael Ward, as
buyer are hereby accepted by the City Council of the City of
Evanston for the real property legally described in Exhibit A
attached hereto and incorporated herein by reference and commonly •
known as vacant land located at 2230 Main Street, Evanston,
2
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Illinois. Yw•
SECTION 3: The City Manager is hereby authorized -,and .
directed to sign, and the City Clerk is hereby authorized�� and
.:
...:.
directed to attest, the amended contract, Exhibit B attached hereto.
and incorporated herein by reference, for the sale of 2230 Maia`''�_'
Street. 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: 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: All ordinances or parts of ordinances
in conflict herewith are hereby repealed.
SECTION 6: This ordinance shall be in full force and
effect from and after its passage, approval, and publication in
the manner provided by law.
Introduced
Adopted:
City Clerk
Ap r ved as to(r�-
rporation Counsel
, 1994
, 1994
�vb,19 94
Uyor
3
KGxsENET FOR au,a am Pvaca"a
THIS AGREEMENT is made this day of September, 1994, by and:.:._
between CITY.OF EVANSTON, having a notice address of 2100 Ridge
Avenue, Evanston, Illinois 60201 (the "Seller") and MICMUM WARD, �jf-'
having a notice address of 1110 Emerson Street, Evanston, Illinois, '�-
(the "Buyer"). .
W I T N E S S E T H:
1. Bale of Property. The Seller agrees to sell and the Buyer
agrees to purchase on the terms hereafter stated all of the Seller's
right, title and interest in and to all of the land situated in
Evanston, Cook County, Illinois, more specifically described in
Schedule A, attached hereto and made a part hereof, commonly known as
2230 Main Street, Evanston, Illinois (the "Property").
2. Purchase Price. Subject to the adjustments and prorations
hereafter described, the total purchase price to be paid by the Buyer
to the Seller for the purchase of the Property is the sum of NINETY
SEVEN THOUSAND DOLLARS ($97,000.00). In consideration of said
purchase price, Purchaser assumes all liability for any and all soil •
preparation at the Property necessary to prepare the site for
construction, as indicated in the Geotechnical Investigation prepared
by Soil and Material Consultants, Inc. dated June 8, 1992. In
further consideration of said purchase price, Purchaser shall fulfill
the terms and conditions set forth in Paragraph 7 below. The
purchase price will be paid on the Closing Date.
3. Title. Within ten (10) days after the Seller's acceptance
hereof, the Seller will provide to the Buyer a copy of the existing
Plat of Survey of the Property and within thirty (30) days after
Seller's acceptance, a commitment for the issuance of an ALTA Form B
owner's policy of title insurance issued by a title insurer
acceptable to Purchaser and/or Purchaser's lender showing fee simple
title to the Property to be in the Seller and containing the
following exceptions (hereinafter referred to as the "Permitted
Exceptions") and no others:
a. Real Estate taxes for 1994 and subsequent years;
b. Public and utility easements and building setback lines of
record;
C. Zoning and building laws and ordinances.
d. Covenants, conditions, and restrictions of record which do •
not interfere with the intended use of the property as a
residential building.
e. Drainage and utility district charges and assessments.
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f• . Acts of the Purchaser; rights of persons claimed by,Y through":.:,' -
.'. or under the Purchaser; and any other matters which a;y
Purchaser shall approve in writing.
The Buyer will have ten (10) days after receipt of the commitmentfort;
title insurance to provide to the Seller a letter setting forth',;all t
of the objections to the Seller's title to the Pr ob Bu er's -
Y j opertyand
the Seller shall have thirty (30) days after receipt of suchllette=,
to correct or obtain title .insurance over the defects in .title , {
..objected to by the Buyer. If the Seller is unable to correct7Buch'`=
-defects within such thirty (30) day period, the Buyer will have`'the
option to waive such defect or terminate this Agreement and to obtain,
a refund of the Earnest Money Deposit with all interest accrued
thereon. On the Closing Date, the Seller will cause to be issued to
the Buyer a policy of owner's title insurance in an amount equal to.
the purchase price, with extended coverage over questions of title-.
and survey, containing the Approved Title Exceptions and any other
exceptions to coverage waived or approved by the Buyer.
4. Closina. The Buyer and the Seller agree that the purchase
will be consummated as follows:
4.1 Title Transfer. The Seller agrees to convey title to the
Property to the Buyer by Warranty Deed on or before the
R close of business on the Closing Date and, effective on the
delivery of such deed by the Seller to the Buyer, all
ownership interest and the risk of loss of the Property will
pass from the Seller to the Buyer.
4.2 Closina Date. This transaction will close on September 27,
1994 or five (5) days after final approval by the City of
Evanston of the terms of this Contract and Plan of
Relocation for Ward Manufacturing Company pursuant to the
City of Evanston Residential and Business Relocation
Policies on Evanston/Northwestern University Research Park,
whichever is later, (the "Closing Date") or any other date
mutually agreeable to the parties. The closing will take
place at the office of the title insurer or at such other
location upon which the parties shall mutually agree.
4.3 Seller's Instruments. At Closing, the Seller will deliver
or cause to be delivered to the Buyer the following items
(all documents will be duly executed and acknowledged where
required):
4.3.1 Warranty Deed. A Warranty Deed, executed by the
Seller conveying to the Buyer marketable fee
simple title to all of the Seller's right, title
and interest in and to the Property, free and
clear of all liens and encumbrances except the
• Permitted Exceptions;
4.3.2 Title and Lien Affidavits. An Affidavit of Title
certifying that the Seller is conveying clear
title to the Buyer free of all encumbrances
except the Permitted Exceptions and an ALTA
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statement or other lien affidavit in a fors'
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acceptable to the title insurer certifying that
the Property is free from claims for mechanics', 4l
materialmen's and laborer's liens;
4.3.3
Authority of S*anatory officials. Such
documents, certificates, or other evidence of _ `-
authority with respect to the Seller and
.
nominee of the Seller acting hereunder as might,
be reasonably requested by the Buyer;="{
4.3.4
Specific Assignments. Such specific assignments
and other instruments as might reasonably be
requested by the Buyer to transfer contracts,
permits and other similar items relating to the
Property to the Buyer, each of which will bear
the written approval (to the extent required) of
all appropriate parties thereto.
4.3.5
Transfer Tax Declarations/Exemption Statemer}-t&.
State of Illinois, County of Cook, and City of
Evanston transfer tax declarations/exemption
providing all information concerning the
transaction required on said documents;
4.3.6
Additional Documents. Such additional documents
as might be reasonably required by the Buyer to
consummate the sale of the Property to the Buyer,
including but not limited to any and all
documents required by federal, state, or local
authorities with respect to disclosures
concerning environmental risks.
4.4 Duver's Instruments. At Closing, the Buyer will deliver to
the Seller the payment required by Paragraph 2.2 and such
additional documents as might be reasonably required by the
Seller to consummate the sale of the Property to the Buyer.
4.5 Costs. The Seller will pay the following costs: The
Seller's attorney's fees, all costs associated with the
performance of any and all Phase I environmental impact
analyses required by the Buyer, as well as the issuance of
the owner's policy of title insurance to the Buyer, the cost
of a new or recertified survey done by a licensed land
surveyor, the cost of the State, County, and City of
Evanston transfer tax stamps to be affixed to the deed, if
any, and the release fee and recording fee for the release
deed of any mortgage made by the Seller which must be
released at or before Closing to transfer clear title to the
Buyer. In addition, the Seller shall, subsequent to
closing, reimburse the Buyer for all labor and material
costs necessary to construct a roadway/access drive,
including appropriate turn -around and/or parking areas,
leading from Main Street to all access/entrance points on
the building to be constructed by Buyer on the Property, in
an amount not to exceed FORTY EIGHT THOUSAND DOLLARS
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•
• ($48,000.00). Seller's obligation to make the payments -* due
hereunder shall survive the closing of transaction and 'the`:"'F,
delivery of the Deed. The Buyer will pay the following..k`�;i
costs: the Buyer's attorney's fees, the costs of recor
ding*-' the deed conveying title to the Property to the Buyer as.
well as the cost of recording any mortgage(s) placed
thereon. <.;
5...jkdiustments and Prorations. All receipts and disbursements -
relating to the Property will be prorated on the Closing Date and;the
purchase price will be adjusted on the following basis:
5.1 Property Taxes. Real estate taxes, if any, for 1994 shall
be prorated through the date of closing and credited to the
Buyer at Closing based on the amount of the last
ascertainable tax bill. The Seller and Buyer shall reprorate
the 1994 real estate taxes as and when the second
installment bill for 1994 becomes available. Upon
reproration, if the amount paid by the Seller to the Buyer
at Closing was in excess of the reprorated taxes, the Buyer
shall, within fifteen (15) days of notice from the Seller,
refund the excess to Seller. If, in the event of
reproration, the reprorated amount exceeds the credit given
to the Buyer at Closing, the Seller shall, within fifteen
(15) days of notice from the Buyer, pay the balance due
based upon the reprorated figures to the Buyer.
06. seller's Representations. The Seller represents and warrants
to the Buyer as follows: The Seller has the authority to make and
perform this Agreement; to the best of its knowledge, the Property
and the use thereof comply with all applicable public and private
restrictions, regulations, ordinances and laws; there are no
actions, suits, or other legal proceedings presently pending, or to
the best knowledge of the Seller, threatened against the Property;
the Seller's performance of this Agreement will not constitute a
default under any agreement by which the Property might be bound; to
its best knowledge the Property is in compliance with all. -.applicable
environmental regulations, zoning ordinances and other restrictions
governing the use of the Property; to its best knowledge the Seller
has disclosed to the Buyer all matters which might have a material
adverse effect on the ownership, operation or maintenance of the
Property.
7. Buyer's Representations. In further consideration of the
Seller's agreement to sell at the Purchase Price set forth in
Paragraph 2 above, the Purchaser hereby represents as follows:
a. Purchaser shall, to the extent it shall be within its
reasonable control, maintain its operational and
administrative headquarters in the City of Evanston for a
• minimum period of ten (10) years from the date of the
closing. In the event Purchaser removes its operations from
the City of Evanston during the five (5) year period
commencing with the date of closing for any reason other
than Purchaser's bankruptcy, insolvency, substantial and
material loss of business, or dissolution other than as a
result of the sale of all or substantially all of
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Purchaser's assets, Purchaser shall reimburse Seller for a-r=•
prorated `K"
p portion of the Seller's Original Acquisition Cost
for the Property ($111, 000.00) upon the following schedule:f ;,;: -
1. If the removal occurs within the first oneyear''
followingclosing, the Purchaser will he S
g, pay the Seller.._ .�
the sum of FIFTY FIVE THOUSAND FIVE HUNDRED DOLLARS'
($55,500.00), i.e., 50% of the Original Acquisition.
Cost.
2. If the removal occurs after the first year but prior'to
the end of the second year following closing, the
Purchaser will pay the Seller the sum of FORTY FOUR
THOUSAND FOUR HUNDRED DOLLARS ($44,400.00), i.e., 40%
of the Original Acquisition Cost.
3.. If the removal occurs after the second year but prior
to the end of the third year following closing, the
Purchaser will pay the Seller the sum of THIRTY THREE
THOUSAND THREE HUNDRED DOLLARS ($33,300.00), i.e., 30%
of the Original Acquisition Cost.
4. If the removal occurs after the third year but prior to
the end of the fourth year following closing, the
Purchaser will pay the Seller the sum of TWENTY TWO
THOUSAND TWO HUNDRED DOLLARS ($22,200.00), i.e., 20% of
the Original Acquisition Cost. •
5. If the removal occurs after the fourth year but prior
to the end of the fifth year following closing, the
Purchaser will pay the Seller the sum of ELEVEN
THOUSAND ONE HUNDRED DOLLARS ($11,100.00), i.e., 10% of
the Original Acquisition Cost.
b. In the construction of its new plant on the Property,
Purchaser shall award twenty-five percent (25%) of its
construction and/or consulting contracts to Evanston based,
minority -owned, or women -owned businesses, provided such
contractors have furnished bids competitive with bids
received from other contractors, and provided that such
contractors have been qualified through the City of Evanston
Minority Business Enterprise.
C. Purchaser has and will continue to support the goals of fair
employment, and shall cooperate with the City of Evanston in
the hiring of new employees for its facility. As and when
job openings become available, Purchaser shall contact the
City of Evanston Minority Recruitment Coordinator and advise
him or her of such openings. In making its hiring decisions,
Purchaser shall give first preference to Evanston residents,
and particularly, minority residents.
S. Survev: Sonina Issues. A. Prior to the Closing Date, Seller •
shall furnish a survey by a licensed land surveyor dated or
recertified after the date of this Contract showing the location of
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the improvements (including fences, if any) thereon and showing
encroachments, if any. If the survey discloses improper location=of,'.
improvements or encroachments and the Seller is unable to obtain•
title insurance protection .for the benefit of the Buyer against loss';•'"
resulting from such improper location or encroachment, Buyer may,-,.af.,--.
his option, declare this Agreement to be null and void, with the
Earnest Money Deposit and all interest accrued thereon to be returnedw:,
to the Buyer.
B. Seller covenants and agrees that it shall, upon review :�-- iy
and approval of Purchaser's building/construction plans, allow
issuance of all requisite Building Permits prior to completion of the-
consolidation of the two (2) lots upon which Purchaser proposes to
construct its new facility. Purchaser covenants and agrees that it
will endeavor to complete said consolidation prior to the issuance of
the Final Certificate of Occupancy.
9. Possession. Possession of the Property will be delivered to
the Buyer on the Closing Date free from management contracts, service
contracts, employment agreements, and leases and/or tenancies of any
kind or nature.
10. Default; Remedy. In the event that either party fails to
perform such party's respective obligations hereunder (except as
excused by the other's default) the party claiming default will make
written demand for performance. If the Seller fails to comply with
such written demand within ten (10) days after receipt thereof, the
Buyer will have the option to waive such default, demand specific
. performance, or terminate this Agreement and, on such termination,
the Earnest Money Deposit together with all interest accrued thereon,
will be returned to the Buyer. If the Buyer fails to comply with
such written demand within ten (10) days after receipt thereof, the
Seller will have the option to waive such default or to terminate
this Agreement and, on such termination, the Seller will be paid the
Earnest Money Deposit as liquidated damages (and not as a penalty) as
Seller's sole remedy. On such return or payment of the Earnest Money
Deposit, the parties will be discharged from any further obligations
and liabilities hereunder. It is specifically acknowledged that the
Seller waives all rights to claim or demand specific performance of
this Agreement.
11. Code Comvliance. Seller shall warrant to Purchaser in the
Affidavit of Title to be delivered at closing that Seller has not
received any notice of zoning or building code violations between the
date of contract and the date of closing, and that any and all
violations previously noted have been corrected.
12. Reculatory and Environmental Issues.. A. If required,
Seller shall report this transaction to the Illinois Department of
Revenue (IDOR) promptly upon Seller's acceptance of this Contract
pursuant to the provisions of Section 902 (d) and companion sections
of the Illinois Revenue Act. Purchaser shall have the right to
•withhold from Seller any amount required by IDOR in any Stop Order
Letter issued by IDOR, such funds to be held by the title insurer in
escrow until such time as the Stop Order is duly released by IDOR,
or, if necessary, the escrowee shall apply such funds to obtain such
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release. Any part of such funds held by the escrowee after'IDOR
issues a release shall be paid over to Seller.
B. Seller agrees to comply with the Illinois Responsible
Property Transfer Act by preparing and submitting the necessary
environmental disclosure documents to Purchaser and the title
insurance company, if required, at least ten (10) days prior to
closing.
C. Seller warrants and represents that there are no
underground storage tanks (DST's) on the property, nor are there any
other environmental risks or contaminants present on the property
including asbestos, benzene, or other hazardous substances identified
as such by the Environmental Protection Agency, other than as
identified on the Phase I Environmental Site Assessment dated May 10,
1994 prepared by Mionx Corporation.
13. Contracts, Leases. A. Seller warrants and represents that
there are and shall be no service contracts, agreements, licenses,
invoices, bills, or understandings of any nature, written or oral,
which have not been disclosed herein, which Purchaser will be
required to assume, pay, or be bound by.
14. Continaencv.. This Contract is expressly contingent upon
the closing of the purchase of the property contiguous to 2230 Main
Street, Evanston, Illinois by the Purchaser from Philip Zera/Zera
Construction, Inc., and the sale of the property commonly known as
1110 Emerson Street, Evanston, Illinois by Purchaser to the City of
Evanston, respectively, on or before August 25, 1994 or any other
date mutually agreeable to the parties hereto. 0
15. Notice. For purposes of the Contract, any written notice
must be personally delivered or mailed by certified or registered
mail, or transmitted by facsimile, and shall be deemed given and be
effective as of the date when such notice is received by the party to
whom the notice is directed and/or his attorney. Notice shall be
delivered to the parties at the addresses indicated on the front page
of this Contract. Seller's attorney is Laura S. Addelson, 500 Davis
Center Suite 701, Evanston, Illinois 60201, facsimile number
708-328-0486. Buyer's attorney is Herbert Hill, 2100 Ridge Avenue,
Evanston, Illinois 60201, facsimile number
16. Broker's Commission. The parties acknowledge that no real
estate broker has been involved in the transaction or provided
services on behalf of either party hereto, and that no real estate
commission will be due and payable by either party in conjunction
with this transaction.
17. Miscellaneous. It is further agreed as follows:
17.1 Time. Time is of the essence of this Agreement.
17.2 Entire Agreement. This instrument constitutes the entire
agreement between the Buyer and the Seller and there ar
agreements, understandings, warranties or representatio
between the Buyer and the Seller except as set forth
herein. This Agreement cannot be amended except in writing
executed by the Buyer and the Seller.
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• 17.3
Binding Effect. This Agreement- will :inure to the benefit -
and bind the respective successors .and" pernitted- assigns' of 4'..-
the parties hereto.
17.4
EMiration. This Agreement has been -executed. byYthe}s .partie-.
on the dates set forth below their respective` -signatures.;':. t
It is understood that the obligation . of- the "Buyer ..ender` _j& s
Agreement will terminate on the date ' five -�(5) business'°day"s: '.
after the date of the Buyer's execution`Pof .this Agreement;
unless the Seller shall have duly executed and returned a', = ..
copy of this Agreement to the Buyer prior to such date.'
17.5
Assianment. The rights of the parties under this Agreement
cannot be assigned in whole or in part without the prior
written consent of the other party.
17.6
Further Acts. Each party hereto agrees to do, -execute,
acknowledge and deliver all such further acts, assignments,
transfers, assurances, and instruments that may reasonably
be required to fully effectuate the transactions
contemplated in this Agreement.
IN WITNESS WHEREOF, this instrument has been executed by the
parties on the date indicated below their respective signatures.
•
Buyer r �T Seller
•
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EXHIBIT "A"
THE LAND REFERRED TO IN TES COAMMMENT IS DESCRIBED AS FOLLOWS:
THAT PART OF THE Sw.,Y,&anST 1/4 OF SECTION 24, r 41 NORTH, RANGE 13, EAST
OF THE THIRD PRINCIPAL MERIDIAN, BOUNDED AND DESCRIBED AS FOLLOWS:
COMMENCING AT THE ORIGINAL NORTHEAST CORNER OF LOT 1 IN GENERAL DYNAMICS-"� .6.6
1LW'YJII_IAL PARK SUBDIVISION (SAID POINT BEING THE INTERSECTION OF THE FORMER
NORTHWESTERLY RIGHT OF WAY OF THE CHICAGO AND NORTHWESTERN TRANSPORATION COMPANY,
AND A LINE 33 FEET SOUTH OF THE NORTH LINE OF SAID SOUTHWEST 1/4 OF SECTION 24,
SAID LINE ALSO BEING THE SOUTH LINE OF MAIN STREET), &,%&Lu_a NORTH 90 DEGREES
EAST, ALONG THE SOUTH LINE OF MAIN STREET, 109.84 FEET TO THE FORMER
SOUTHEASTERLY RIGHT OF WAY OF THE CHICAGO AND NORTHWESTERN TRANSPORATION COMPANY,
L,osaL��.a SOUTH 24 DEGREES 26 MINUTES 16 SECONDS WEST, ALONG SAID RIGHT OF WAY le
195.0 FEET TO THE POINT OF BEGINNING, SOUTH 24 DEGREES 26
MINUTES 16 SECONDS WEST, 422.82 FEET, +ttaLrw NORTH 65 DEGREES 33 MINUTES 44
SECONDS WEST 60.0 FEET, Ln&Lm-n NORTH 24 DEGREES 26 MINUTES 16 SECONDS EAST,
269.70 FEET TO A POINT OF CURVE, NORTHWESTERLY ALONG A CURVE TO THE LEFT,
HAVING A RADIUS OF 685.96 FEET AND CHORD BEARING NORTH 19 DEGREES 27 MINUTES 33
SECONDS EAST, AN ARC LENGTH OF 119.21 FEET TO A POINT OF REVERSE CURVE, THENCE
NORTHERLY ALONG A CURVE TO THE RIGHT, HAVING A RADIUS OF 745.96 FEET AND A CHORD
BEARING NORTH 16 DEGREES 57 MINUTES 37 SECONDS EAST, AN ARC LENGETH OF 64.57
FEET, THENCE NORTH 65 DEGREES 33 MINUTES 44 SECONDS WEST, 2.85 FEET, THENCE NORTH
24 DEGREES 26 MINUTES 16 SECONDS EAST, ALONG A LINE 25.0 FEET NORTHWESTERLY OF •
THE CENTER LINE OF THE MOST WESTERLY MAIN TRACK OF THE CHICAGO AND NORTHWESTERN
TRANSPORATION COMPANY, AS ORIGINALLY LOCATED PRIOR TO ITS R.EWVAL, 128.43 FEET TO
THE SOUTH LINE OF MAIN STREET, THENCE NORTH 90 DEGREES EAST, ALONG SAID SOUTH
LINE 69.40 FEET, THENCE SOUTH 24 DEGREES 26 MINUTES 16 SECONDS WEST ALONG A LINE
25.0 FEET SOUTHEASTERLY OF THE CENTER LINE OF THE MOST SOUTHEASTERLY MAIN TRACT
OF SAID CHICAGO AND NORTHWESTERN TRANSPORTATION COMPANY, AS ORIGINALLY LOCATED
PRIOR TO ITS REMOVAL, 150.55 FEET TO A POINT 9.0 FEET, EASTERLY, MEASURED
RADIALLY, FROM THE CENTER LINE OF THE CHICAGO AND NORTHWESTERN TRANSPORATION
COMPANY SPUR TRACK ICC NO. E-232, AS SAID SPUR TRACK WAS ORIGINALLY LOCATED PRIOR
TO ITS REMOVAL, THENCE SOUTH 14 DEGREES 21 MINUTES 55 SECONDS WEST, ALONG A LINE
PARALLEL TO SAID SPUR TRACK, 36.65 FEET, THENCE SOUTH 65 DEGREES 33 MINUTES, 44
SECONDS EAST, 12.0 FEET TO THE POINT OF BEGINNING, ALL IN COOK COUNTY, ILLINOIS.
THAT PART OF THE SOUTHWEST 1/4 OF SECTION 24, TOWNSHIP 41 NORTH, RANGE 13, EAST
OF THE THIRD PRINCIPAL MERIDIAN, BOUNDED AND DESCRIBED AS FOLLOWS:
COMMENCING AT THE ORIGINAL NORTHEAST CORNER OF LOT 1 IN GENERAL DYNAIrIICS-EVANSTON
INDUSTRIAL PARK SUBDIVISION (SAID POINT BEING THE INTERSECTION OF THE FORMER
NORTHWESTERLY RIGHT OF WAY OF THE CHICAGO AND NORTHWESTERN TRANSPORTATION
COMPANY, AND A LINE 33 FEET SOUTH OF THE NORTH LINE OF SAID SOUTHWEST 1/4 OF
SECTION 24, SAID LINE ALSO BEING THE SOUTH LINE OF MAIN STREET; THENCE NORTH 90
DEGREES EAST, ALONG THE SOUTH LINE OF MAIN STREET, 109.84 FEET TO THE FORMER
SOUTHEASTERLY RIGHT OF WAY OF THE CHICAGO AND NORTHWESTERN TRANSPORATION COMPANY,*
THENCE SOUTH 24 DEGREES 26 MINUTES 16 SECONDS WEST, ALONG SAID RIGHT OF WAY LINE,
617.82 FEET, THENCE NORTH 65 DEGREES 33 MINUTES 44 SECONDS WEST, 60.0 FEET TO THE
POINT OF BEGINNING; THENCE 24 DEGREES 25 MINUTES 16 SECONDS EAST, 269.70 FEET TO
Page 1 of 3
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MIL
-- EX IIBIT "A"
t' i.
A POINT OF CURVE, r j, &&Adk&$TZRLY AMOG A CURVE TO THE LEFT, HILA—o A RJlDIU6`0F '
685.96 FEET AND A CHORD BEARING NORTH 19 ,,jb% aaJ 27 HINUTES 33 EA9 T# : AN AM
LENGTH OF 219.21 FEET TO A POINT OF CURVE, AI&"%.& NOo - A&= - •a ALONG A-. cnitVH 70l � "
THE RIGHT, WLi .&"%x A RADIUS OF 745.96 FEET, AND A CHORD BEARING NORTH 16
'hw. AJ 37 SECONDS BAST, All: ARC LENGTH OF 64.57 FEET, NORTH 65 ..,6sw bAw33r
W310TES 44 SECONDS WEST 2. SS FEET, as.w..a NORTH 24 a.'LLswaLmy 26 MINUTES 16 .EAST
ALONG A LIPS 25.0 FEET 17 ITIMBSTERLY OF THE CBIPTSR LINE OF THE UM WESTERLY` MUM , , -.
TRACK OF THE CHICAGO AND TRANSPORATION CONPAPY, AS ORIGINALLY LOCATED
PRIOR TO ITS REM10VAL 29.77 FEW, TFTSNCS SOUTH 32 DEGREES 07 MINUTES 07 SECONDS WEST,
57.75 FEET, a.,ju"m.a SOUTH 39 DEGREES 03 MINUTES 08 SECONDS WEST, 217.18 FEET TO THE
MOST akim+saa"Y CENTER OF LOT 1 IN ZERA SUBDIVISION NO. 2, THENCE SOUTH 24 DEGREES 29
MINUTES 53 SECONDS WEST, ALONG THE EAST LINE OF SAID LOT 1, 169.41 FEET, SOUTH
65 ,,+avaaaS 33 44 SECONDS EAST, 84.33 FEET TO THE POINT OF IN COOK
�....,.►+ t , ILLINOIS .
THAT PART OF LOT 1 IN ZERA SUBDIVISION NO. 2, BEING A SUBDIVISION IN THE .a.r.,.tY+IaJa
1/4 OF SECTION 24, TOWNSHIP 41 NORTH, RANGE 13, BOUNDED AND DESCRIBED AS FOLLOWS:
BEGINNING AT THE MOST NORTHERLY CORNER OF SAID LOT 1, THENCE SOUTH 24 DEGREES 29
.MINUTES 53 SECONDS WEST ALONG THE EASTERLY LINE OF LOT 1, 169.41 FEET, NORTH
65 DEGREES 33 MINUTES 44 SECONDS WEST, 75.0 FEET TO THE WEST LINE OF SAID LOT 1,
THENCE NORTH 24 DEGREES 29 MINUTES 53 SECONDS EAST, ALONG SAID WEST LINE, 45-29 FEET
A BEND IN SAID WEST LINE, an=%w.A �uL%iiL%uw%j ALONG SAID WEST LINE 38.92 FEET TO A
CORNER OF SAID LOT 1, SOUTH 00 DEGREES 00 MINUTES 00 SECONDS EAST, ALONG THE
EAST LINE OF SAID LOT 1, 47.52 FEET TO A CORNER OF SAID LOT 1, THENCE NORTH 39
DEGREES 03 MINUTES 08 SECONDS EAST, 180.96 FEET TO A POINT OF BEGINNING, ALL IN COOK
COIIWTY, ILLINOIS.
EXCEPTING THEREFROM THE FOLLOWING:
THAT PART OF THE SOUTHWEST 1/4 OF SECTION 24, TOWNSHIP 41 NORTH, RANGE 13, EAST OF
THE THIRD PRINCIPAL MERIDIAN, BOUNDED AND DESCRIBED AS FOLLOWS:
COMMENCING AT THE ORIGINAL NORTHEAST CORNER OF LOT 1 IN GENERAL DYNAMICS-EVANSTON
INDUSTRIAL PARK SUBDIVISION (SAID POINT BEING THE INTERSECTION OF THE FORMER
NORTHWESTERLY RIGHT OF WAY OF THE CHICAGO AND NORTHWESTERN TRANSPORATION COMPANY AND
A LINE 33 FEET SOUTH OF THE NORTH LINE OF SAID SOUTHWEST 1/4 OF SECTION 24, SAID LINE
ALSO BEING THE SOUTH LINE OF MAIN STREET), THENCE NORTH 90 DEGREES EAST ALONG THE
SOUTH LINE OF MAIN STREET, 109.84 FEET TO THE FORMER SOUTHEASTERLY RIGHT OF WAY OF
THE CHICAGO AND NORTHWESTERN TRANSPORTATION COMPANY; THENCE SOUTH 24 DEGREES 26
MINUTES 16 SECONDS WEST, ALONG SAID RIGHT OF WAY LINE, 617.82 FEET; WORTH 65
DEGREES 33 MINUTES 44 SECONDS WEST, 60.0 FEET TO THE POINT OF BEGINNING; NORTH
24 DEGREES 26 MINUTES 16 SECONDS EAST, 269.70 FEET TO A POINT OF CURVE; .saL�'�•a
NORTHWESTERLY ALONG A CURVE TO THE LEFT, HAVING A RADIUS OF 685.96 FEET AND A CHORD
BEARING NORTH 19 DEGREES 27 MINUTES 33 SECONDS EAST, AN ARC LENGTH OF 119.21 FEET TO
A POINT OF REVERSE CURVE; THENCE NORTHERLY ALONG A CURVE TO THE RIGHT, HAVING A
AMk=rUS OF 745.96 FEET AND A CHORD BEARING NORTH 16 DEGREES 57 MINUTES 37 SECONDS
WFEALST, AN ARC LENGTH OF 64.57 FEET; THENCE NORTH 65 DEGEES 33 MINUTES 44 SECONDS WEST,
2.85 FEET; THENCE NORTH 24 DEGREES 26 MINUTES 16 SECONDS EAST, ALONG A LINE 25.0 FEET_.._
NORTHWESTERLY OF THE CENTER LINE OF THE MOST WESTERLY MAIN TRACK OF THE CHICAGO AND
Page 2 of 3
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11 lit
,TO..I'r8" �29.77
- 711iY, AS ORIGXNRLW,46 CAS S� 39
.J u41..rCl'.I:aJJr.4 a�y.,lr'u.l ullru'.a b CO� -- --- - 'NChlw. -11
32 ai baAAW.ti 07 l.i a�� a ._ ,. 03 .A.„..-57.75, FESlfi;
FEET; aldnls�.i� SOQ12i mI OF�IA►r .1
yy�aYb�.y
> 08 d� I r r u J .'.217.1E FARTr s' � PAS.
0S�IVISIOB ]A. - 2, SO= 24 r.z
IK ZSRA o L J ..
7 THE IaI1ldt OF SAID LOT 1, 169.41 FEET; T
f 84.33 FEET TO THE P033T OF -
do ri r u J o .Si BAST,
AISO m aYams
THAT PART OF LOr 1, IS ZERA oumm'ivYSIONi NO. 2, BUM A SWDMSION IR THB .a.+.a�++�••a�
1/4 OF .1rliA..aau,J 24, a..k.�ua+.e 41 NORTH, RANGE 13. ,:.„ +'uw.l..� AlD DESCRIED AS FOT.L =
OF SAID LOT 1; a�iba� SODTS 24 a�'sasa� 29
vaaua�Yars AT Z� MS'I a�+�ae�a�..� Y Lam$ OF SAID LOrr 1. 169.41 F88T; ate•++-b
Mt�85 53 SECONDS WEST ALO' THS fiEST LIPS OF SAID LOT
NORTH 65 DES 33 .i..J ass 44 SECONDS UBST, 75.0 FE8T TO Tim liBS'r LI1NB 45.29
1; &a%&" i, NORTH 24 DEGREES 29 MnK=S S3 SECaDS BAST, A SAID a�saw..a NONt'r39 S 08 SECON
EET DS BAS'
FTO A BEND IN SAID WEST LINE; OF
ILDr 1, , S THENCE SOO1Zi 00 DEGREES
AUWG SAID WEST LINE, 38.92 FEET TO A CORKER OF SAID
00 IMNMS 00 SECONDS EAST, ALONG THE BAST LIKE OF SAID LOr 1, 47.62 FEET TO A CORN:
OF SAID LOT 1, aI'W"% .a NORTH 39 DEGREES 03 M D
S 08 SEC0 S BAST, 180.96 FEET TO A
POIPT OF BEG, ALL IN COOK CODN'1'Y.
•
Page. 3 of 3