HomeMy WebLinkAboutRESOLUTIONS-1989-061-R-892/8/90
61-R-89
A RESOLUTION
Authorizing the City Manager to
Contract for and Complete the Purchase of
1120 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 1120 Emerson Street
and legally described as follows:
The East 35 feet of Lot 2 in Owner's Subdivision
of Lot 21 in County Clerk's Division in west 1/2
of the Northwest 1/4 of Section 18, Township 41
North, Range 14 East of the Third Principal
Meridian, in Cook County, Illinois.
and commonly known as 1120 Emerson Street, Evanston,
Illinois.
WHEREAS, said
University Evanston
acquisition in the
development, and
WHEREAS, a
property is part of the Northwestern
Research Park Project and a valuable
best interest of the City's economic
real estate sales contract has been
negotiated by the parties for the sale of 1120 Emerson Street
for 'Eighty Eight Thousand Dollars ($88,000), with an anticipated
• February 1990 closing date:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF EVANSTON, that the City Manager be and hereby is i
authorized and directed to enter into a contract for, negotiate
additional terms as necessary and desirable, and take title to
1120 Emerson Street for Eighty Eight Thousand Dollars ($88,000).
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 -
City C1 k
• Adopted: %�_, 1990