HomeMy WebLinkAboutOrd 5091 03/07/2000 ORDINANCE NO. 5091
AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF A
REAL ESTATE PURCHASE AGREEMENT TO ACQUIRE PROPERTY IN THE
VILLAGE OF MOUNT PROSPECT, ILLINOIS
30 WEST BUSSE AVENUE
Passed and approved by
the President and Board of Trustees
the 7th day of March, 2000
PubliShed in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
8th day of March, 2000
WL
311/00
ORDINANCE NO. 5091
AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION
OF A REAL ESTATE PURCHASE AGREEMENT TO ACQUIRE PROPERTY
IN THE VILLAGE OF MOUNT PROSPECT, ILLINOIS
$0 WEST BUSSE AVENUE
WHEREAS, the Board of Trustees of the Village of Mount Prospect has determined that it is in the best
interest of the Village to enter into an Agreement to purchase real estate located at 30 West Busse
Avenue, for municipal purposes, a copy of which Agreement is attached hereto and hereby made a pad
hereof as Exhibit '%"; and
WHEREAS, the Board of Trustees of the Village of Mount Prospect has determined that the purchase of
the subject property is attendant to the overall redevelopment efforts of the Central Business District.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: That the Village President and Village Clerk are hereby authorized to execute the Real
Estate Purchase Agreement for property commonly known as 30 West Busse Avenue, Mount Prospect,
Illinois, a copy of said Agreement is attached hereto as Exhibit "A," the Board of Trustees having
determined that the Agreement is in the best interests of the Village of Mount Prospect.
SECTION TWO: That the Village President, Village Trustees, Village Clerk, Village Attorney, officers and
employees of the Village are hereby empowered to perform any act necessary to implement, carry out, or
give effect to the terms of the Agreement to purchase real estate, which is attached hereto as Exhibit "A."
SECTION THREE: That this Ordinance shall be in full force and effect upon its passage, approval and
publication in pamphlet form in the manner provided by law.
AYES: Hoefert, Lohrstorfer, Pdkkel, Skowron, Wilks
NAYS: None
ABSENT: Corcoran
PASSED and APPROVED this 7th day of March, 2000.
Village Clerk ·
Page 2/2
30 W. Busse Avenue
LEGAL DESCRIPTION:
Lot 3 of the BusseANille Resubdivision in that part of the West half of the Northwest % of Section 12,
Township 41 North, Range 11 East of the Third Principal Meridian, in Cook County, Illinois.