HomeMy WebLinkAboutG29-17 Ordinance No. G29-17
AN ORDINANCE
AUTHORIZING EXECUTION OF A REAL ESTATE CONTRACT BETWEEN
THE CITY OF ELGIN AND SPILLANE AND SONS, INC.
REGARDING THE CONVEYANCE OF 277-79 N. SPRING STREET AND
209 FRANKLIN BOULEVARD, ELGIN, ILLINOIS
WHEREAS, Spillane and Sons, Inc. has proposed to redevelop the City of Elgin owned
properties at 277-79 N. Spring Street and 209 Franklin Boulevard with the construction of two
new single-family homes; and
WHEREAS, as part of such redevelopment, the City is agreeing to convey such properties
to Spillane and Sons, Inc., for a zero purchase price.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ELGIN, ILLINOIS that City Manager, Richard G. Kozal, and City Clerk, Kimberly A. Dewis, be
and are hereby authorized and directed to execute a real estate contract between the City of Elgin
and Spillane and Sons, Inc. for the conveyance of 277-79 N. Spring Street and 209 Franklin
Boulevard, Elgin, Illinois, to Spillane and Sons, Inc. for a zero dollar purchase price, and that the
form of such real estate contract shall be as approved by the Corporation Counsel.
David J. K ain,44ayor
Presented: June 28, 2017
Passed June 28, 2017
Omnibus Vote: Yeas: 9 Nays: 0 ; ^
Recorded: June 28, 2017
Published: June 30, 2017
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Kimberly Dewis#Ci 'Ierk