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HomeMy WebLinkAboutORDINANCES-1979-048-O-79• • Im l Jr 48-0-79 AN ORDINANCE Authorizing The Sale Of Municipally Owned Real Property Commonly Known As The Clark -Benson Triangle 1I WHEREAS, the City of Evanston owns, or,will acquire, the following described real property: i I 1 Lots 4, 5, 6, 7 and 8, those portions of Lots 2, 3, 9 and 10 lying South of a line drawn from a point 44.16 feet East of the Northwest corner of Lot 10 Southeasterly to a point 2.05 feet South of the Northeast corner of Lot 4, and the vacated 20 foot alley lying South of said line, .all in Block 8, in the Village of Evanston, Subdivision of Section 13, Township 41 North, Range 13 and Sections 7, 18, and 19, Township 41 North, Range 14, all East of the Third Principal Meridian, in the Northwest 1/4 of Section 18, Township 41 North, Range 14, East of the Third Principal Meridian, all in the City of Evanston, County of Cook, State of Illinois, (; commonly known as the Clark -Benson Triangle, which property is located in the City of Evanston, Illinois; and WHEREAS, the City Council of the City of Evanston has determined I� that it is no longer necessary, appropriate, or in the.best interest of the I City of Evanston that it retain title to said real estate, and that said real estate is not required for the use of, or profitable to, the City of Evanston; li and I II WHEREAS, the City Council-af the City of Evanston has determined that the best interest of the City of Evanston would be served by the convey- ance of said property to qualified parties who will develop said property; and • • 48-0"79 WHEREAS, pursuant to Ordinance 14-0-79 of the City of Evanston, notice has been given of the proposal to sell such real estate and bids have been invited for the purchase of said real estatLT, said notice having first been published on the 8th day of March, 1979 and having been published for three (3) successive weeks in the Evanston Review, a newspaper published in the City of Evanston; and WHEREAS, pursuant to said notice, bids were opened at the regular meeting of the City Council of the City of Evanston, held on April 16, 1979; i and I; WHEREAS, the following bids for the purchase of such property have been received: Evanston Center Corporation - $2,193,222.44 Buck/Irvine - $1,333,447.40; and ij WHEREAS, the City Council finds and determines that the best inter- est of the City of Evanston and its residents will be served by the acceptance Ihof the bid of Buck/Irvine and the sale of the aforesaid real estate to such bidder in the amount bid of One Million Three Hundred Thirty -Three Thousand Four Hundred Forty -Seven and 40/100 Dollars ($1,333,447.40); 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. 111 j! SECTION 2: The bid for the Clark -Benson Triangle from Buck/Irvine in the amount of One Million Three Hundred Thirty -Three i Thousand Four Hundred Forty -Seven and 40/100 Dollars ($1,333,447.40) is hereby -2- n I. ii 48-0-79 accepted by the City Council of the City of Evanston for the sale of the fol- lowing described real estate: Jr Lots 4, 5, 6, 7, and 8, those portions of Lots 2, 3, 9, and 10 lying South. of a line drawn from a point 44.16 feet East of the Northwest corner of Lot 10 Southeasterly to a point 2.05 feet South of the Northeast corner of Lot 4, and the vacated 20 foot alley lying South of said line, all in Block 8, in the Village of Evanston, Subdivision of Section 13, Township 41 North, Range 13, and Sections 7, 18 and 19, Township 41 North, Range 14, all East of the Third Principal Meridian, in the Northwest 1/4 of. Section 18, Township 41 North, Range 14, East of the Third Principal Meridian, all in the City of Evanston, County of Cook, State of Illinois, commonly known as the Clark -Benson Triangle. SECTION 3: The City Manager is hereby authorized and directed to negotiate and to sign, and the City Clerk is hereby authorized and directed to attest, a contract for -the sale and purchase of �j the aforesaid real. estate, which contract shall be in accordance with the bid submitted thereon and accepted by the City Council, provided, however, that I the project is in compliance with all applicable codes, including the Zoning Ordinance. However, the City Manager is further authorized to negotiate any — additional conditions on the sale of the aforesaid property as may be re- quired to make the successful bid more closely comply with the original specifications of the "Notice of Proposal to Sell Real Estate" published March 8, 1979. SECTION 4: Upon satisfaction of the terms of the aforesaid con- tract, and upon the payment or securing of the afore- said bid price in the manner provided in said contract, the Mayor is hereby authorized and directed to convey and -transfer the aforesaid real estate to Buck/Irvine by a proper deed of conveyance, stating therein the aforesaid consideration, and the City Clerk is hereby authorized to acknowledge and attest such deed, and to affix thereto the Seal of the City of Evanston. -3- • • 5y 48-0-�9 I li SECTION 5: The.Mayor and th.e Clerk are hereby authorized respec- tively, to execute and attest such other documents as may be necessary to the conveyance herein authorized. ,1 ,v +! SECTION 6: Conditions, agreements and general provisions to be jl �j added at the time of closing. jj SECTION 7: All ordinances or parts of ordinances in conflict here - It with are hereby repealed. SECTION 8: This ordinance shall be.,in full force and effect from li j vi ded by 1 aw.. Introduced Ii j Adopted �I l `'----------- 'I ATTEST: • and after its passage and approval in the manner pro- 1979 , 1979 Approved 1979 a y� �9 Ci Cler Approved as to form: (i!'(%t�,1 pp Cor 6`' ,ion Counsel � p -4-