HomeMy WebLinkAboutRes 38-80 09/16/1980
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RESOLUTION NO.
38-80
A RESOLUTION AUTHORIZING THE VILLAGE
MANAGER TO OFFER AND TO NEGOTIATE TO
PURCHASE SENIOR CITIZEN SITE
BE IT RESOLVED By the President and the Board of Trustees of
the Village of Mount Prospect, Cook County, Illinois, as
follows:
SECTION ONE: The President and Board of Trustees of the
Village of Mount Prospect hereby authorize the Village
Manager to offer to purchase and to negotiate to purchase
a parcel of real estate owned by Cermak Plaza, Inc.,
which is commonly known as 900 East Centennial Drive and
legally described as follows:
Lots 2 and 3 of Centennial Subdivision being a
Subdivision of the East one-half of the Southwest
one-quarter of Section 35, Township 42 North,
Range 11 East of the Third Principal Meridian
in Cook County, Illinois.
(hereinafter referred to as the "Subject Property").
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SECTION TWO: The Village Manager be, and he is hereby,
authorizedto.offer to purchase the Subject Property
for $ 250,000.00 and to negotiate the: purchase price and
the terms and conditions'of a real estat~ contract for the
purchase of the Subject Property. '
SECTION THREE: The Village Manager be, and he is hereby,
dir~cted t-o forward -a 'wri tten offer' to purchase-the-- Subject-
Property which shall include 'a date upon which negotiations
may commence, along with 'a Statement of-Just Compensation to
Cermak Plaza, Inc. by registered mai~ return receipt requested.
SECTION FOUR: This Resolution shall be in full force and effe t
from and after its passage and approval in the manner provided
by law.
Passed this
16th day of September
,1980.
AYES: Farley, Floras, Miller, Murauskis ,"Richardson, Wattenberg
, NAYS: -
ABSENT:
Approved this
16th day of September, 1980.
Approved:
Pres~dent
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Attest:
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Village Crerk
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