HomeMy WebLinkAbout99-41 Resolution No. 99-41
RESOLUTION
AUTHORIZING THE EXECUTION OF A RELEASE AND SATISFACTION OF
JUDGMENT FOR CASE NO. 93 OV 4335, ENTITLED
CITY OF ELGIN V. TODD BERNSTEIN
(478 Laurel Street)
WHEREAS, Todd Bernstein is the owner of the property
commonly referred to as 478 Laurel Street, Elgin; and
WHEREAS, violations of the Property Maintenance Code are
currently existing on the property; and
WHEREAS, the City has obtained judgments against Todd
Bernstein in one housing court case because he failed to
maintain the property in compliance with the Property
Maintenance Code of the City of Elgin; and
WHEREAS, economic rehabilitation of the property is not
feasible unless the city' s judgment liens on the property are
reduced; and
WHEREAS, Todd Bernstein has secured a purchaser for the
property who has agreed to enter into a rehabilitation
agreement with the city to ensure the Property Maintenance Code
violations are corrected in a timely manner; and
WHEREAS, the public interest will best be served if the
Property Maintenance Code violations are corrected as quickly
as possible to eliminate the property' s blight and its
detrimental effect on surrounding properties .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ELGIN, ILLINOIS, that Corporation Counsel William A.
Cogley be and is hereby authorized and directed to execute a
Release and Satisfaction of Judgment on behalf of the City of
Elgin for Case No. 93 OV 4335 (City of Elgin v. Todd Bernstein)
on the condition that ( 1 ) Todd Bernstein tenders payment to the
City of Elgin in the amount of five thousand dollars
( $5000 . 00) , and ( 2 ) the property' s purchaser, Jorge Z . Ramirez,
executes a real property rehabilitation agreement with the
City.
c
Kevin Kelly, Mayor
Presented: February 10, 1999
Adopted: February 10, 1999
Omnibus Vote: Yeas 6 Nays 0
Attest:
914971...-1,42
Dolonna Mecum, City Clerk