G22-10 • AN ORDINANCE Ordinance No. G22-10
AUTHORIZING EXECUTION OF A DEVELOPTVIENT AGREEMENT WITH
ARTSPACE PROJECTS, INC. FOR DEVELOPMENT AT 51 S. SPRING STREET
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN. ILLINOIS. that
Ed Schock, Mayor. and Diane Robertson. CitN Clerk; be and are hereby authorized and directed to
execute a Development Agreement on behalf of the City of Elgin with Artspace Projects. Inc.
regarding the City's conveyance of the property at 51 S. Spring Street and the development of such
property for live/work space for artists; a copy,of which is attached hereto and made a part hereof by
reference.
Schock. Mayor
Presented: Ma}7 12. 2010
Passed: MaN 12. 2010
Vote: Yeas: 6 Nays: 1
Recorded: May 13. 2010
Published: May 14. 2010 ` y
• Attest: .
•a
Diane Robertson. City lerk
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