Loading...
HomeMy WebLinkAboutS5-90 Ordinance No. 55-90 AN ORDINANCE AUTHORIZING THE ACQUISITION OF CERTAIN PROPERTY FOR PUBLIC PURPOSES (Dundee Avenue Business District) WHEREAS, the City of Elgin has heretofore approved a redevelopment project area in the manner provided by Division 74.4 of Article 11 of Chapter 24 of the Illinois Municipal Code; and WHEREAS, real property located within said project area may be acquired for purposes of the objectives of the redevelopment project or plan; and WHEREAS, the acquisition of said property by purchase or eminent domain is authorized; and WHEREAS, the acquisition by eminent domain, if necessary, of certain real property described below is hereby determined reasonably necessary to achieve the objectives of the redevelopment plan and project. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section I. That it is hereby determined that it is necessary and desirable that the City of Elgin shall acquire title to and possession of the following described real eu'' property, which property is necessary, required and needed for the purpose of achieving the objectives of the redevelopment plan and project. Parcel 1: Lot 7 of Mrs. J.R. Kimball's Subdivision of Block 24 of P.J. Kimball Jr.'s Third Addition to Elgin, being a subdivision of part of the West 1/2 of the South West 1/4 of Section 12, Township 41 North, Range 8 East of the Third Principal Meridian, in the City of Elgin, Kane County, Illinois. (Commonly known as 470 St. John Street) Parcel 2: The North 1/2 of Lot 6 of Mrs. Jane R. Kimball's Subdivision of Block 24 of P.J. Kimball Jr's. Third Addition to Elgin in the City of Elgin, Kane County, Illinois. (Commonly known as 466 St. John Street) Parcel 3: The South 1 /2 of Lot 6 of Mrs. Jane R. Kimball's Subdivision of Block 24 of P.J. Kimball Jr's. Third Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 464 St. John Street) l Parcel 4: The North 66 feet of Lot 5 of Mrs. J.R. Kimball's Subdivision of Block 24 of P.J. Kimball's Jr's. Third Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 462 St. John Street) Parcel 5: Lot 5 (except the Northerly 66 feet) of Mrs. J.R. Kimball's Subdivi- sion of Block 24 of P.J. Kimball's Jr's. Third Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 452 St. John Street) Parcel 6: Lot 9 of Babbitt's Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 353 Summit Street) Parcel 7: Lot 8 of Babbitt's Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 352 Seneca Street) Parcel 9: Lot 3 of Babbitt's Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 452-458 Dundee Avenue) Parcel 15: Lot 8 of Mrs. J.R. Kimball's Subdivision of Block 24 in P.J. Jr's. Third Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 313 Summit Street) Parcel 20: That part of Lot 8 of William H. Wilcox's Second Addition to Elgin, described as follows: Commencing at a point on the North line of Lot 5 in Block 14 of P.J. Kimball's Jr. Third Addition to Elgin, 15.5 feet West of the North East corner of said Lot 5; thence southerly at right angles to the North line of said Lot 5 to the westerly line of said Lot 8 for a point of beginning; thence continuing in said line to the southerly line of said Lot 8; thence northwesterly along the southerly line of said Lot 8 to the south- westerly corner of said Lot 8; thence northeasterly along the westerly line of said Lot 8 to the point of beginning, in the City of Elgin, Kane County, Illinois. (Commonly known as 321 Summit Street) Parcel 25: Lot 10 of Babbitt's Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 361 Summit Street) Parcel 31: Lot 6 of Babbitt's Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 362 Seneca Street) Parcel 32: Lot 5 of Babbitt's Addition to Elgin, in the City of Elgin, Kane County, Illinois. (Commonly known as 366-368 Seneca Street) Section 2. That Larry L. Rice, City Manager of the City of Elgin, be and is hereby authorized, empowered and directed to negotiate for and on behalf of the City of Elgin with the owner or owners of the above described real property for the purchase by the City of Elgin of the real property described in Section I. Section 3. That the City Manager be and is hereby authorized to offer the following sums as and for compensation to the owner or owners of the above-described property; said offer shall be in writing: Parcel as Described Above Authorized Sum Parcel I $78,000 Parcel 2 $27,000 �., Parcel 3 $48,000 Parcel 4 $35,000 Parcel 5 $ 52,600 Parcel 6 $64,000 Parcel 7 $ 73,000 Parcel 9 $90,475 Parcel 15 $ 17,500 Parcel 20 $ 52,000 Parcel 25 $ 57,000 Parcel 31 $34,250 Parcel 32 $ 38,500 Section 4. In the event that the City Manager is unable to agree with the owner or owners of said property as to compensation to be paid therefor, in accordance with the provisions of this ordinance, then title to and possession of said property shall be acquired by the City of Elgin in accordance with the laws of eminent domain of the State of Illinois, and Wayne M. Jensen, Special Counsel, is hereby authorized, empowered and directed to institute appropriate proceedings in any court of competent jurisdiction to acquire title to and possession of said property for the City of Elgin in accordance with the eminent domain laws of the State of Illinois. sj George VanDeVoorde George VanDeVoorde, Mayor Presented: March 14, 1 990 Passed: March 14 , 1990 Vote: Yeas 5 Nays 0 Recorded: Published: Attest: s/ Mara Yearman Marie Yearman, City Clerk