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HomeMy WebLinkAboutORDINANCES-1990-003-O-90• 3-0-90 AN ORDINANCE Authorizing the Sale of Certain Municipally -Owned Real Property WHEREAS, the City of Evanston owns the real property commonly known as a public parking lot at 100-122 Chicago Avenue, located on the Northwest corner of Chicago Avenue and Howard\ Street, in the City of Evanston, legally described as follows and hereinafter referred to as the i "Property": i PARCEL 1: The. North 50 feet of the South 150 feet of that part of the South 6.25 chains, lying West of the West line of Chicago Avenue, East of the East line of Chicago and Northwestern Railroad and North of the North line of Howard Street of the Northeast quarter of Section 30, Township 41 North, Range 14, East of the Third Principal Meridian, in Cook County, Illinois. PARCEL 2 The part of the South 6.25 chins of the Northeast quarter of Section 30, Township 41 North, Range 14, East of the Third Principal Meridian, described as • commencing at the intersection of the, North line of Howard Street, with the East line of the Right-of-way of the Chicago and Northwestern Railroad running; thence East, along the North line of Howard Street to its intersection with the West line of North Clark Street (formally Chicago Avenue); thence Northerly along the West line of said North Clark Street 100 feet; thence West parallel with the North line of Howard Avenue to the East line of the right-of-way of the Chicago and Northwestern Railroad; thence Southerly along said right-of-way line 100 feet more or less to the point of beginning in Cook County, Illinois. commonly known as 100-122 Chicago Avenue. WHEREAS, the City Council of the City of Evanston has determined that ownership of the Property 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 3etermined that the best interest of the City of Evanston would be served by the sale of said Property to a qualified party for redevelopment and private use; and WHEREAS, pursuant to Ordinance 120-0-89 of the City of Evanston adopted October 10, 1989, the City Council by a vote of 2/3 of the alected Aldermen then holding office did direct that the process to sell • C] i -2- 1 i said Property shall be by competitive bid; and �I i fj WHEREAS, pursuant to said ordinance said bid process occurred; 4 and WHEREAS, the City Manager recommends that a sale between the City Evanston, as seller, and the Sherwin Management Company, as buyer, be accepted by the City; and �I WHEREAS, the City Council finds and determines that the best interest of the City of Evanston and its residents will be served by the 1' acceptance of the aforesaid bid on the terms as set forth in attached Exhibit 1; and WHEREAS, the notice of intent to sell has been published in a Iinewspaper of general circulation in the City of Evanston as required by ordinance; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY i 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 conditions of sale to Sherwin Management Company as buyer, attached as Exhibit 1 hereto, s hereby accepted by the City Council of the City of Evanston for the owing described real property: PARCEL 1: The North 50 feet of the South 150 feet of that part of the South 6.25 chains, lying West of the West line of Chicago Avenue, East of the East line of Chicago and Northwestern Railroad and North of the North line of Howard Street of the Northeast quarter of Section 30, Township 41 North, Range 14, East of the Third Principal Meridian, in Cook County, Illinois. PARCEL 2 The part of the South 6.25 chins of the Northeast quarter of Section 30, Township 41 North, Range 14, East of the Third Principal Meridian, described as commencing at the intersection of the North line of Howard Street, with the East line of the Right-of-way of the Chicago and Northwestern Railroad running; thence East, along the North line of Howard Street to its intersection with the West line of North Clark Street (formally Chicago Avenue); thence Northerly along the West line of said North Clark Street 100 feet; thence West parallel with the North line of Howard Avenue to the East line of the right-of-way of the Chicago and -3- • • • Northwestern Railroad; thence Southerly along said right-of-way line 100 feet more or less to the point of beginning in Cook County, Illinois. Commonly. known as a City -owned parking lot at 100-122 Chicago Avenue, located on the Northwest corner of Chicago Avenue and Howard Street. SECTION 3: The City Manager is hereby authorized and directed to sign, and the City Clerk is hereby authorized and directed to attest, the contract for the sale of the Itoresaid real property, and the City Manager is further authorized to negotiate any change or additional terms and conditions with respect to the sale of the aforesaid real property as may abe deemed fit and proper. SECTION 4: The City Manager and the City Clerk, respectively, are hereby authorized and directed ,:o execute, attest- and deliver such other documents, agreements and i:ertificates as may be necessary to the sale herein authorized, including ,>ther 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 ?ublication in the manner provided by law. [ntroduced: A%M ?adopted: `' � ATTEST: 1_;� City lerk App %oved as o form: vCorporation Counsel , 1990 , 1990 Approved: 1990 U Mayor EXHIBIT 1 1) The Sherwin Management Company shall develop the land, in ' accordance to plans already submitted to the City of Evanston and/or additional plans which are in accordance with applicable City codes and in accordance with the general plan. 2) The Sherwin Management Company shall develop the land within one (1) year of the date of closing. 3) The Sherwin Management Company shall provide an irrevocable easement to the City of Evanston for the placement of a "Welcome to Evanston" sign. • 4) In the event the Sherwin Management Company does not develop the land within the aforementioned one-year period, the City shall have the option of repurchasing the land for the same amount paid by Sherwin Management Company to the City of Evanston. 5) The Sherwin Management Company shall be prohibited from reselling the property, without the prior approval of the City of Evanston. • 0 ■.oruw■O .m.NYK■ roa■T \ `r i— wr un s cquro ue [o.rYrtnaN uwao.o R�7/�\' �mnr ■au Nr■.ea �•vtN� - lr.c. 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