HomeMy WebLinkAboutRESOLUTIONS-1982-064-R-82i
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ji 64-R-82
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A RESOLUTION i
! ESTABLISHING JUST COMPENSATION AND
AUTHORIZING THE CITY MANAGER TO CONTRACT
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FOR AND COMPLETE THE PURCHASE OF 549 CUSTER AVENUE
i; WHEREAS, the City Council of the City of Evanston on December 6,
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�11982, did authorize the City Manager to initiate acquisition proceedings
,ifor the property known as 549 Custer Avenue; and
WHEREAS,,funds for the revitalization of the Custer/Callan
�Icommercial.area, including the purchase of property and costs incidential
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!;thereto, were allocated in the 1980 Community Development Block Grant appli
j!cation which was submitted to and approved by the United States Department
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P of Housing and Urban Development on June 25, 1980; and
WHEREAS, a professional appraisal of said property has determined
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1iits fair market value to be Twenty One Thousand Dollars ($21,000); and
WHEREAS, the owner of said property has agreed to sell said property
• ;ifor a price of Twenty One Thousand Dollars ($21,000); and
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WHEREAS', acquisition of the said property commonly known as
H 549 Custer Avenue and legally described as follows:
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The north 1/2 of Lot 14 Block 8
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in Keeny and Rim's addition to ,
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Evanston in Section 19, Township 41
i North, Range 14, East of. the Third
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j Principal Meridan, in Cook County, Illinois i
11has been -determined to be appropriate and in the best interest of the City.
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NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
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11of Evanston that it hereby finds and declares that just compensation for the,,,,,,,,
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+'aforementioned property is Twenty One Thousand Dolars ($21,000). Said
jicompensation being exclusive of any relocation assistance which the owner '+
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,may be entitled to under federal statute; and
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64-R-82
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12/10/82
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BE. IT FURTHER RESOLVED, that the City Manager is hereby authorized'
itand directed to enter into a contract for, negotiate additional terms as
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::-necessary and take title to 549 Custer Avenue for the sum of Twenty One
liThousand Dollars ($21,000) plus owner relocation assistance pursuant to
11statute.
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!ATTEST:
':"City Clerk
I; ADOPTED Z v 1982
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