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HomeMy WebLinkAbout02-138 Resolution No. 02-138 RESOLUTION AUTHORIZING EXECUTION OF A REAL ESTATE SALES CONTRACT WITH THE STATE BANK OF COUNTRYSIDE (Bowes Road Interceptor Sewer Phase 1B) BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that Ed Schock, Mayor, and Dolonna Mecum, City Clerk, be and are hereby authorized and directed to execute a Real Estate Sales Contract on behalf of the City of Elgin with the State Bank of Countryside, as Trustee Under Trust Agreement Dated June 15, 1990 Known as Trust No. 90-690 , for the purchase of a 40 foot wide piece of property to permit the construction of a portion of the Bowes Road Interceptor Sewer Phase 1B for $35, 000, a copy of which is attached hereto and made a part hereof by reference . s/ Ed Schock Ed Schock, Mayor Presented: April 10, 2002 Adopted: April 10, 2002 Vote : Yeas : 6 Nays : 0 Attest : s/ Dolonna Mecum Dolonna Mecum, City Clerk