HomeMy WebLinkAbout005-R-23 Authorizing the City Manager to Negotiate and Execute a Contract for the Purchase of Real Property Located at 729-739 Howard Street in Evanston, Illinois1/9/2023
5-R-23
A RESOLUTION
Authorizing the City Manager to Negotiate and Execute
a Contract for the Purchase of Real Property Located at
729-739 Howard Street in Evanston, Illinois
WHEREAS, the City of Evanston seeks to purchase commercial property
located at 729-739 Howard Street, Evanston, Illinois, 60201 (the “Subject Property”);
and
WHEREAS, the Subject Property will be utilized along with adjacent City-
owned property at 727 Howard Street to create a site with mixed-use affordable housing
development; and
WHEREAS, the City Council hereby finds and determines that the best
interests of the City of Evanston and its residents will be served by purchasing the
aforesaid Subject Property,
NOW BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the City Manager is hereby authorized and directed to
negotiate all necessary terms, as they may determine to be in the best interests of the
City, and which shall be approved as to form by the Corporation Counsel, of a contract
for the purchase of real property, legally described in Exhibit A, attached hereto and
made a part hereof, commonly known as 729-739 Howard Street, Evanston, Illinois, and
execute said contract.
~1~
Page 1 of 3 Doc ID: e1d9581c8a2d828db0341cdb4cb8e36a15c4e088
SECTION 2: That the purchase price for the Subject Property shall not
exceed nine hundred fifty thousand dollars ($950,000).
SECTION 3: That this Resolution 5-R-23 shall be in full force and effect
from and after its passage and approval in the manner provided by law.
_______________________________
Daniel Biss, Mayor
Attest:
______________________________
Stephanie Mendoza, City Clerk
Adopted: __________________, 2023
Approved as to form:
______________________________
Nicholas E. Cummings, Corporation Counsel
~2~
January 9
Page 2 of 3 Doc ID: e1d9581c8a2d828db0341cdb4cb8e36a15c4e088
EXHIBIT A
LEGAL DESCRIPTION
THE EAST 59.50 FEET OF LOT “A” (AS MEASURED ALONG THE NORTH AND
SOUTH LINES THEREOF) IN ZEISEL’S CONSOLIDATION OF LOTS 25, 26, 27 AND
28 (EXCEPT THE EAST 5 FEET) IN BLOCK 8 IN BRUMMEL & CASE HOWARD
TERMINAL ADDITION IN THE NORTHWEST ¼ OF SECTION 30, TOWNSHIP 41
NORTH, RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK
COUNTY, ILLINOIS.
PIN: 11-30-124-050-0000
Commonly Known As: 729 Howard Street, Evanston, IL
LOTS 23 AND 24 IN BLOCK 8 IN BRUMMEL & CHASE HOWARD TERMINAL
ADDITION IN THE NORTHWEST ¼ OF SECTION 30, TOWNSHIP 41 NORTH,
RANGE 14, EAST OF THE THIRD PRINCIPAL MERIDIAN, IN COOK COUNTY,
ILLINOIS.
PIN: 11-30-124-017-0000 and 11-30-124-018-0000
Commonly Known As: 739 Howard Street, Evanston, IL
~3~
Page 3 of 3 Doc ID: e1d9581c8a2d828db0341cdb4cb8e36a15c4e088