HomeMy WebLinkAboutG25-19 Ordinance No. G25-19
AN ORDINANCE
AUTHORIZING EXECUTION OF A REAL ESTATE CONTRACT BETWEEN THE CITY
OF ELGIN AND SPILLANE AND SONS, INC. REGARDING THE CONVEYANCE OF 272
N. SPRING STREET AND 480 PARK STREET, ELGIN, ILLINOIS
WHEREAS, Spillane and Sons, Inc. has proposed to redevelop the City of Elgin owned
properties at 272 N. Spring Street and 480 Park Street with the construction of two new single-
family homes; and
WHEREAS, as part of such redevelopment,the City is agreeing to convey such properties
to Spillane and Sons. Inc., for a zero purchase price.
NOW, THEREFORE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ELGIN. ILLINOIS that City Manager, Richard G. Kozal, and City Clerk, Kimberly A. Dewis, be
and are hereby authorized and directed to execute a real estate contract between the City of Elgin
and Spillane and Sons, Inc. for the conveyance of 272 N. Spring Street and 480 Park Street, Elgin,
Illinois, to Spillane and Sons, Inc. for a zero dollar purchase price, and that the form of such real
estate contract shall be as approved by the Corporation Counsel.
1, ,,ifrft, —000 1/ 1/ Iti, -C(.--
David J. Kapt',, Ma sr
Presented: June 26, 2019
Passed: June 26, 2019
Omnibus Vote: Yeas: 8 Nays: 0
Recorded: June 26, 2019
Published: June 28, 2019
Att st:
&166
Kimberly
Kimberly Dewis. CI 7 Clerk
‘•4-1 .-.;:4„:--