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HomeMy WebLinkAboutOrd 5054 11/02/1999 ORDINANCE NO, 5054 AN ORDINANCE AMENDING ORDINANCE 4993 AUTHORIZING THE PURCHASE OR CONDEMNATION OF PROPERTY LOCATED AT 18 WEST BUSSEAVENUE (YE OLDE TOWNE INN) Passed and approved by the President and Board of Trustees the 2nd day of November, 1999 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 3rd day of November, 1999 ORDINANCE NO. 5054 AN ORDINANCE AMENDING ORDINANCE 4993 AUTHORIZING THE PURCHASE OR CONDEMNATION OF PROPERTY LOCATED AT 18 WEST BUSSE AVENUE (YE OLDE TOWNE INN) WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that the acquisition of the property hereinafter described is necessary and appropriate for the implementation of the Downtown Redevelopment Plan. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That it is hereby determined that the following described real property identified as Parcel One and all rights, title, easements, licenses or interests whatsoever for ingress and egress over, upon and across the real property identified as Parcel Two are necessary and appropriate for the implementation of the Downtown Redevelopment Plan of the Village of Mount Prospect, to wit: Parcel One The South 1.11 Feet of the West 37.37 Feet of Lot 2, in Mount Prospect Central District Subdivision, Being a Subdivision of Part of the West Half of Section 12, Township 41 North, Range 11 East of the Third Principal Meridian, Recorded December 23, 1949, as Document 1275902, and That Part of Lot 4 in Said Subdivision Lying North of the Westerly Extension of the Southerly Most Line of Said Lot 2, In Cook County, Illinois. Said Property Containing 2323 Square Feet, More or Less. PERMANENT TAX INDEX NO. 08-12-102-028 Parcel Two All of the 10.00 Foot Private Alley Lying North of and Adjoining the South Line of Lot 2, in Mount Prospect Central District Subdivision, Being a Subdivision of Part of the West Half of Section 12, Township 41 North, Range 11 East of the Third Principal Meridian, Recorded December 23, 1949, as Document 1275902, in Cook County, Illinois SECTION TWO: That pursuant to its home rule power and authority, the President and Board of Trustees of the Village of Mount Prospect hereby determines that it is necessary and desirable that the Village of Mount Prospect acquire the Parcels for redevelopment and implementation of the Downtown Redevelopment Plan. ECTION THREE: That pursuant to its powers and authority set forth in the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, Section 11- 74.4-4© of the Illinois Municipal Code the Village of Mount Prospect hereby determines that it is necessary and desirable that the Village of Mount Prospect acquire the Parcels for redevelopment and implementation of the Downtown Redevelopment Plan. SECTION FOUR: That the Village of Mount Prospect, Cook County, Illinois shall, for the purposes of acquiring real property for redevelopment purposes, acquire a fee simple title free and clear of all taxes, special assessments and liens, and environmental contamination of the hereinabove described Parcels. SECTION FIVE: That the Village Manager, Village Attorney, and the Firm of Ryan and Ryan, Special Attorneys of the Village of Mount Prospect, be and are hereby authorized, empowered and directed to negotiate for and on behalf of the Village of Mount Prospect and submit an offer in writing to the owner or owners of said parcel. In the event the Village Manager, Village Attorney and Special Attorneys are unable to agree with the owner or owners of said parcel as to the compensation to be paid therefor, then title and possession of said real property shall be acquired by the Village of Mount Prospect through condemnation and the Village Attorney and special Attorneys are hereby authorized, empowered and directed to institute proceedings in any court of competent jurisdiction to acquire title to and possession of said Parcels in the manner prescribed by law, for the purpose of acquiring title to the property hereinafter described. AYES: Hoefert, Lohrstorfer, Nocchi, Skowron, Wilks NAYS: None ABSENT: Corcoran Velma Lo'we,~Village Cl~rk