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HomeMy WebLinkAbout10-56 Resolution No. 10-56 RESOLUTION RATIFYING THE EXECUTION OF A REAL ESTATE CONTRACT (24 S. Porter Street-NSP Property) BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that it hereby ratifies and approves the execution of a Real Estate Sales Contract on behalf of the City of Elgin by Sean R. Stegall, City Manager, with TCF National Bank for the purchase of property commonly known as 24 S. Porter Street, Elgin, for $198,000, a copy of which is attached hereto and made a part hereof by reference. s/ Ed Schock Ed Schock, Mayor Presented: March 10, 2010 Adopted: March 10, 2010 Omnibus Vote: Yeas: 7 Nays: 0 Attest: s/ Diane Robertson Diane Robertson, City Clerk