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HomeMy WebLinkAbout95-62 Resolution No. 95-62 RESOLUTION AUTHORIZING EXECUTION OF A REAL ESTATE SALES CONTRACT WITH NEIGHBORHOOD HOUSING SERVICES WHEREAS, the City of Elgin acquired property and improvements at 205 North Gifford Street with federal Community Development Block Grant Funds; and WHEREAS, the Neighborhood Housing Services provides valuable support for Elgin low and moderate income neighborhoods; and WHEREAS, support of Neighborhood Housing Services is a continuing public purpose of value of Elgin citizens; and WHEREAS, Community Development Block Grant regulations allow for the disposition of property by sale, lease, or donation; and WHEREAS, by transferring the property at 205 N. Gifford Street to Neighborhood Housing Services the City will be providing Neighborhood Housing Services with flexibility in the current or future target areas . NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS, that Richard B. Helwig, City Manager, 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 Neighborhood Housing Services for the sale of 205 North Gifford Street, a copy of which is attached hereto and made a part hereof by reference. s/ George VanDeVoorde George VanDeVoorde, Mayor Presented: March 22, 1995 Adopted: March 22, 1995 Vote: Yeas 7 Nays 0 Attest: s/ Dolonna Mecum Dolonna Mecum, City Clerk