HomeMy WebLinkAboutRESOLUTIONS-1989-047-R-89a
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47-R-89
A RESOLUTION
Authorizing the City Manager to
Contract for and Complete the Purchase of
1024 Emerson 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 1024 Emerson St and
legally described as follows:
Lots 6 and 7 in Block 1 in Circuit Court Sub. in part
of Lot 22 begin the triangular piece of land bounded on
the north by Emerson Street, on the S.W. by Railroad
Avenue, and on the E. by Maple Avenue, (except 1 acre
in the west angle thereof) in County Clerk's Division
in W 1/2, NW 1/4, Section 18, Township 41 North, Range
14, commonly known as 1024 Emerson Street, Evanston,
Illinois.
WHEREAS, said property is part of the Northwestern
University Evanston Research Park Project 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 1024 Emerson Street
for Three Hundred Five Thousand Dollars ($305,000), with an
anticipated July, 1989 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
1024 Emerson Street for three Hundred Five Thousand Dollars
($305,000).
This resolution shall be in full force and effect from
and after its passage, approval, and publication in the manner
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provided by law.
o Mayor
• ATTEST:
City Clerk
,Adopted: ,.�C� 1987.
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