HomeMy WebLinkAboutRESOLUTIONS-1979-008-R-79.. C
3/15/79
8-R-79 '
A RESOLUTION
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Authorizing The Purchase Of
2222 Oakton Street And
2308 Oakton Street
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WHEREAS, the City Council of the City of Evanston has heretofore
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authorized the purchase for park land of 2222 Oakton Street and further authori
j ized the purchase of 2308 Oakton Street for the James Park Site; and
WHEREAS, the sellers of 2222 Oakton Street, pursuant to contract,
have conveyed said property to the City of Evanston for the sum of ONE HUNDRED!
' SEVENTY-TWO
THOUSAND DOLLARS ($172,000.00),
which sum includes
a lease which
will return
from FOUR THOUSAND FIVE HUNDRED
DOLLARS ($4,500.00)
to NINE THOU-
i SAND DOLLARS ($9,000.00) to the City of Evanston; and
WHEREAS, the sellers of 2308 Oakton Street have agreed to a sales
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• �� price of ONE HUNDRED TWENTY-SEVEN THOUSAND DOLLARS ($127,000.00) with a tv�
1j year lease to the present tenant; the first year at a monthly rent of FOUR
li HUNDRED DOLLARS ($400.00) and the second year at a monthly rent of FOUR HUN-
DRED TWENTY-FIVE DOLLARS ($425.00), with a cancellation clause for the
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!I second year.
j; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
'j Evanston, Cook County, Illinois, that the City Manager of the City of Evanston
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is authorized and directed to enter into financing for, take title to, and
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grant a lease on 2222 Oakton Street; and to enter into a contract, take title
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to, enter into a lease, and obtain short-term financing as needed for the
purchase of 2308 Oakton Street without further recourse to this Council.
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• , ATTEST: ` � � Pj�yo�/ i
City Clerk
ji Adopted: //�. r!'. mj % "�/ , 1979.
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