G22-10 (2) Ordinance No. G22-10
AN ORDINANCE
AUTHORIZING EXECUTION OF A DEVELOPMENT 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, City 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.
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. Schock. Mayor
Presented: May 12. 2010 --.
Passed: May 12, 2010
Vote: Yeas: 6 Nays: 1 % h�', ,�':;
Recorded: May 13, 2010
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Published: May 14, 2010 s � ;
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Attest: ,�
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Diane Robertson, City Jerk