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HomeMy WebLinkAboutORDINANCES-1978-058-O-78-4 5/26/78 6/22/78 AN ORDINANCE Amending Ordinance 40-0-78 For The Sale Of 1515-B Darrow Avenue WHEREAS, there have been delays in the. sale by the United States Department of Housing and Urban Development to the - City of certain property commonly known as 1515-B Darrow Avenue, Evanston, Illinois; and WHEREAS, new energy conservation measures of the United States Department of Housing and Urban Development may require I expenditures by the City on insulation, piping, windows, or doors; f y NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That Section 3 of Ordinance 40-0-78 be and herebyis amended so that the final para- graphs P graphs of said Section shall read as follows: I The sale is subject to the following conditions: ja) the purchasers must deposit in escrow an amount of TWO THOUSAND DOLLARS ($2,000.00) to be cre- dited to the City of Evanston for any insulation repairs required to be made by the City under the Energy Conservation Measure Rider to the contract between the United States Department of • Housing and Urban Development and the City of Evanston; b) the purchasers must be able to bring the property into compliance with the zoning, building, and housing codes of the City of Evanston within 120 i • • • f , k i� fATTEST: I 58-0-78 days of delivery to title or closing of the trans- action; and c) the property shall be available for inclusion in the Section 8 rent subsidy program. A minimum bid of TWENTY THOUSAND DOLLARS ($20,000.00) shall be re- quired. "The City of Evanston hereby solicits bids for the pur- chase of said real estate. All such bids should be in writing and filed in the office of the City Manager, City of Evanston, Municipal Building, 1501 Oak Avenue, Evanston, Illinois 60204, on or before September 7, 1978 at the hour of 11:00 A.M. The City reserves the right to reject any and all bids. The City Council will con- sider all reasonable methods of conveying title, in- cluding conventional financing, contract purchase, and cash. "The City Manager is authorized to select a deadline for the submission of bids consistent with publication re- quirements of thirty (30) days advance notice, and con- sistent with the closing of the sale by the United States Department of Housing and Urban Development to the City." SECTION 2: All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3: This ordinance shall be in full force and effect from and after its passage, approval, ' and publication in the manner provided by law. Introduced 1�- 1978 Adopted 0 1978. i Approved ,/i or I City C1 er i. Approved as to form �`�✓G�':/%� Corporation Counsel -2- , 1978