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HomeMy WebLinkAboutRESOLUTIONS-1987-018-R-87f • • 18-R-87 A RESOLUTION Authorizing the City Manager to Contract for and Complete the Purchase of 1859 East Railroad Avenue 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 1859 E. Railroad Avenue and legally described.as follows: The West 5 feet of that Part of Lot 1 lying North of the North 16 feet of the South 27 feet taken for alley in case 54770 County Court and the South 10 feet of the West 45 feet of Lot 2 and the North 15.65 feet of Lot 3 (except that part,of the North 15.65 feet of said Lot 3. lying West of the following described line: Beginning at a point in '! the North line of Lot 3 aforesaid 12.26 feet East of the North West corner of said Lot 3; thence South to a point in the Southwesterly line of Lot 3 aforesaid 23 feet j Southeasterly of said North West corner of said Lot 3 in Owner's Subdivision of Lot 21 in County Clerks Division of Lands in the North West 1/4 of Section 18, Township 4'1 North, Range 14 East of the Third Principal Meridian, in Cook county, Illinois. WHEREAS, said property is*ccntiguous to'the downtown i business district and a valuable acquisition in the best i interest of the City's economic development; and WHEREAS, a real estate sales contract has been negotiated by the parties for the sale of Sixty-seven Thousand Five Hundred Dollars ($67,500),including purchase price and other associated expenses, with an early April, 1987 anticipated closing.date: NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Evanston 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 to 1859 East Railroad Avenue for Sixty-seven Thousand Five Hundred Dollars ($67,500) which includes the purchase price and other associated expenses. This resolution shall be in full force and effect from and after its passage, approval, and publication in the • • • 1 manner provided by law. ATTEST: City Clerk Adopted: 01 1987. -2- Mayor