HomeMy WebLinkAboutRESOLUTIONS-1959-014-R-59M
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14-R-59 068
: RESOLUTION to,,,convey to the
First Park District certain
, real estate in exchange tour
real estate owned by said
FIX*Rutrtct
*MREAS, THE CITY OF EVANSTON, a municipal corporation,
owns the fee title to the following described real estate, namely:
Let* 1 and 2, in Block 2 in Keeney and Rinn's Addition
to Evanston, in the Southeast Quarter of Section 19,
Township 41 North, Range 14, East of the Third Princi-
pal Meridian, in Cook County, Illinois.
which said real estate, for convenience, is hereinafter referred
to as Parcel "A"; and
WWRREAS, THE FIRST PARK DISTRICT OF THE CITY OF EVANSTON,
an Illinois municipal corporation, has purchased and now owns
the fee title to the following described real estate, namely:
Lots 1 and 2, in Essig and Munson's Subdivision of
Lots 11 to 17 inclusive, in Block 3 in Arnold and
Warren's Addition to Evanston, a Subdivision of the
frictional Southwest quarter of Section 20, Township
41 North, Range 14, East of the Third Principal
Meridian, in Cook County, Illinois.
which said real estate, for convenience, is hereinafter referred
to as Parcel "B"; and
WHEREAS, said City of Evanston has caused to be vacated
that portion of an alley running northward to Keeney Street,
lying adjacent on the west to said Parcel "A", and also has
caused an alley to be dedicated and constructed along the south
line of said Parcel "A"; and
WHEREAS, under the terms of a Mutual Agreement, dated
the 28th day of June, A.D., 1954, by and between said City of
Evanston and said The First Park District'of the City of Evanston,
it was agreed: (a) that when the Mortgage then existing and
secured by the real estate referred to above as Parcel "B" had
been fully paid, cancelled and released'of record then said
The First Park District of the City of Evanston would convey
the fee title to aid real estate referred to above as Parcel "B"
e
to said City of Ivaostons and (b) that siaultamowallf thft"ith,
said City* &anston would convey tMaid The First Part 0 69
District of the City of Evanston the fee title to the real
estate referred to above as Parcel "A*, together with any and
all rights acquired in and to said vacated alley lying adjacent
on the crest thereto, subject to the alley dedicated and con-
structed along the south line thereof, as aforesaid; and
• WHEREAS, said Mortgage secured by said real estate
referred to above as -Parcel "B", has now been paid, cancelled
and released of•record;
NOW THEREFORE, BE IT AND IT IS HEREBY RESOLVED that the
Mayor and City Clerk of said CITY OF EVANSTON, a municipal
corporation, be and they are hereby authorized and directed,
f on behalf of said City of Evanston, to execute and deliver a
ji Warranty Deed, and thereby cause to be conveyed, to the First
Park District of the City of Evanston, the aforesaid real estate
referred to above as Parcel "A", and also deliver in connection
�j therewith an Owner's Title Guarantee Policy in the amount of
!` $19,000.00 of title insurance, issued by the Chicago Title and
Trust Company, and receive in exchange therefor (1) a Warranty
Deed from said The First Park District of the City of Evanston
• i
conveying to said City of Evanston said real estate referred
ti
to above as Parcel "B", together with all right, title and
interest of the First Park District of the City of Evanston in
and to said vacated alley adjacent on the west thereto, subject '
to the alley dedicated and constructed along the south line
r, thereof, and (2) an Owner's Title Guarantee Policy No.42-73-207,
i` dated April 14.#, 1954, in the amount of $24,000.00 of,title
insurance issued by the Chicago Title and Trust Company, showing
the fee title to said real estate to be in the First Park
Uistrict of the City of Evanston; and
BE IT rIJHT-iER RESOLVED, that a certifled copy 49 thJ4
resolution be delivered, with said Warranty Deed conveying
��,d re-31 estate referred to above as Parr.• I
• 1--irk D.i <= r i ct of the City of Evanston.
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