14-153 Certified State of Illinois )
County of Kane) ss
City of Elgin )
CERTIFICATE OF CITY CLERK
I, Kimberly Dewis, DO HEREBY CERTIFY that I am the duly qualified City Clerk of
the City of Elgin, in the Counties of Kane and Cook in the State of Illinois, and that as such City
Clerk I am the keeper and custodian of the files and records of said City of Elgin and the seal
thereof.
I DO FURTHER CERTIFY that the attached is a full, true, and correct copy of:
RESOLUTION NO. 14-153
AUTHORIZING EXECUTION OF A REDEVELOPMENT AGREEMENT WITH
CAPSTONE DEVELOPMENT GROUP, L.L.C. FOR HISTORIC RENOVATION AND
ADAPTIVE REUSE OF THE ELGIN TOWER BUILDING WITH
MARKET-RATE RENTAL HOUSING
passed by the Elgin City Council at its legally convened meeting held on October 8, 2014.
In Witness Whereof, I have hereunto set my hand and affixed the corporate seal of the
City of Elgin at the said City in the County and State aforesaid this March 9, 2015.
City Clerk
ass FLU
Resolution No. 14-153
RESOLUTION
AUTHORIZING EXECUTION OF A REDEVELOPMENT AGREEMENT WITH
CAPSTONE DEVELOPMENT GROUP, L.L.C. FOR HISTORIC RENOVATION AND
ADAPTIVE REUSE OF THE ELGIN TOWER BUILDING WITH
MARKET-RATE RENTAL HOUSING
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS,
that David J. Kaptain, Mayor, and Kimberly A. Dewis, City Clerk, be and are hereby authorized
and directed to execute a Redevelopment Agreement on behalf of the City of Elgin with
Capstone Development Group, L.L.C. for historic renovation and adaptive reuse of the Elgin
Tower Building with market-rate rental housing, a copy of which is attached hereto and made a
part hereof by reference.
s/David J. Kaptain
David J. Kaptain, Mayor
Presented: October 8, 2014
Adopted: October 8, 2014
Vote: Yeas: 8 Nays: 0 Abstain: 1
Attest:
s/Kimberly Dewis
Kimberly Dewis, City Clerk