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HomeMy WebLinkAboutRESOLUTIONS-1986-023-R-86a q d"b • LJ • 23-R-86 A RESOLUTION.` ' - Authorizing the City Manager to Contract for and Complete the Purchase of 1510 Lake Street WHEREAS, the City Manager has heretofore been authorized on behalf of the City of Evanston to negotiate the purchase of certain real estate located at 1510 Lake Street, Evanston, Illinois, and legally described as follows: Lots 1 to 6, both inclusive, in Block 6 in Brown and Culver's Addition to Evanston, a subdivision of the Nh and the North 714 feet of the Sz of the SW4 of the SE4 of Section 13, Township 41 North, Range 13, East of the Third Principal Meridian, in Cook County, Illinois Also: Lots 13, 14 and 15 in Cosgrove's Subdivision of Lots 5 to 10 in Block 58 in Evanston, being a subdivision in Section 13, Township 41 North, Range 13, East of the Third Principal Meridian, in Cook County, Illinois; and WHEREAS, said property, an unimproved lot, is a valuable acquisitiony_i-n the"best"interests of the'-City"s development; and WHEREAS, subject to final approval by the City Council, a real estate sales contract has been executed by the parties for the sale of 1510 Lake Street, for One Hundred Fifty Thousand and no/100ths Dollars ($150,000.00); NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Evanston, Cook County, Illinois, that the City Manager be and hereby is authorized and directed to enter into a contract for, negotiate additional terms, as necessary and desirable, and take title in property located at 1510 Lake Street, Evanston, Illinois, for One Hundred Fifty Thousand and no/100ths Dollars ($150,000.00). This resolution shall be in full force and effect from and after its passage, approval, and publication in the manner provided by law. Mayor ATTEST: Cit +Clerk Adopted: �� �LG-l�� 1986