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G19-78 Ordinance No. G19-78 AN ORDINANCE AUTHORIZING THE ACQUISITION OF CERTAIN PROPERTY FOR MUNICIPAL PURPOSES WHEREAS, the City Council of the City of Elgin has determined that it is necessary and desirable to construct a parking deck; and WHEREAS, in order to construct such parking deck it is necessary to acquire certain property, hereinafter legally described, for municipal purposes. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS: Section 1. That it is hereby determined that a parking deck be constructed and maintained in the City of Elgin, Kane County, Illinois, and that certain property, hereinafter described, be acquired for such purposes. Section 2. 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 property, which property is necessary, required and needed for the purpose of constructing and maintaining a parking deck and incidental surrounding ground, lying wholly within the limits of the City of Elgin, to-wit: Lot 4 (except the East 52 feet thereof) and all of Lot 5 in Block 10 of the Original Town of Elgin, on the East side of Fox River, in the City of Elgin, Kane County, Illinois. Section 3. That Leo I . Nelson, 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 thereof by the City of Elgin Section 4. That the City Manager be and is hereby authorized to offer the sum of $178,250 as and for compensation to the owner or owners of the above described property; said offer shall be in writing. Section 5. 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 the Corporation 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. s/ Richard L. Verbic ar , er ic, Mayor Presented: March 22, 1978 Passed March 22, 1978 Vote: Yeas 4 Nays 3 Recorded: March 22, 1978 Published: March 22, 1978 Attest: s/ Nano L. Caspersen Nancy^L. persen, Acting City Clerk