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HomeMy WebLinkAboutRESOLUTIONS-1987-085-R-87S 12/17/87 A_RESOLUTION Authorizing the City Manager to . Contract for and Complete the Purchase of 1853 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 1853 E. Railroad Avenue and legally described as follows: That part of .Lot 3 in Owners Subdivision of Lot 21.in County Clerk's Division in the North West 1/4 of Section 18, Township 41 North, Range 14 East of the Third Principal Meridian, described as follows: Beginning at a point 24 feet north of thefsouth east corner of Lot 3; thence west on a line parallel with the north line of said Lot 3 to Railroad Avenue; thence northwesterly 45 feet; thence east on a line parallel with said north line of Lot 3 to the east line of said Lot 3; thence south to the point of beginning (except the north 3.5 feet of the south 27.5 feet (measured on the east line) of said Lot 3 in Owners Resubdivision as conveyed by quitclaim deed from Georgette Priestly and John E. Priestly, her husband, to the City of Evanston, dated May 3, 1928, and recorded May 7, 192.8 as Document Number 10014645), in Cook County, Illinois; and • WHEREAS, said property is contiguous to the downtown business district and a valuable acquisition in the best interest of the City's economic development; and WHEREAS, a real estate sales contract has been negotiated by the parties for the sale of 1853 E. Railroad for One Hundred Twenty-three Thousand Dollars ($123,000), including purchase price and other associated expenses; 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 aditional terms as necessary and desirable, and take title to 1853 East Railroad for One Hundred Twenty-three Thousand Dollars ($123,000), 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 85-R-87 j • 110 manner provided by law. ATTEST: ]� City Clerk Adopted: %/ 1987. -2- Mayor