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HomeMy WebLinkAboutRes 29-68 10/01/1968 .. . c ~ """"'" RESOLUI'ION NO. 29-68 A RESOLUI'ION FOR THE PURCHASE OF LAND AW ACENT TO WEILER CREEK WHEREAS, the administration of the Village of Mount Prospect have determined to purchase a site for use as a retention basin in conjunction with Special Assessment #70; and WHEREAS, said site can be purchased for $56,000.00 and $200,000.00 has been appropriated for the acquisition of land this fiscal year; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have reviewed the aforesaid matter ano. are of the opinion that the site proposed to be purchased is needed to provide additional necessary land for the retention of storm water; and WHEREAS, the President and Board of Trustees have determined that bonds shall not be issued for the cost of acquiring said site; NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, IU,INOIS: SECTION 1: That the Village of Mount Prospect, Illinois purchase the following described property of approxjrnately five (5) acres in size: That part of Lot ~'K':' in Kirchoff's Subdivision of the Northwest lilt of the Northwest lilt and the North 10 chains of the Southwest lilt of the Northwest 1/4 of Section 11, Township ltl North, Range 11, East of the Third Principal Meridian described as follows: Cormnencing at the Southwest comer of said Lot "K" thence North along the West line of said Lot 283.66 feet; thence East parallel with the South line of said Lot 759.49 feet to the center of Weller Creek; thence Southeasterly along the center line of \'leller Creek 283.93 feet to the South line of said Lot "K"; thence West 776.35 feet to the place of begiming; together with All that certain strip of lanp lying between the North line of the South 1/2 of the Southwest 1/4 of the Northwest 1/4 of Section 11, Township 41 North, Range 11 East of the Third Principal Meridian, and between the South line of that part of Lot "K" in Kirchoff's Subdivision of the Northwest lilt of the Northwest 1/4 and the North 10 chains of the Southwest 1/4 of the Northwest 1/4 of Section 11, Township 41 North, Range 11 East of the Third Principal Meridian described as follows: Conrnencing at the southwest comer of said Lot "K", thence North along the West line of said Lot 283.66 feet; thence East parallel with the South line of said Lot 759.lt9 feet to the center of Weller Creek; thence Southeasterly along the center line of Weller Creek 283.93 feet to the South line of said Lot ilK"; thence West 776.35 feet to the place of beginning. I ~ SECTION 2: That the purchase price of the aforementioned property i shall not exceed the sum of $56,000.00 and said purchase price shall be paid I o EVELYN S. CRUMLEY, the Vendor, from the funds appropriated for the acquisition! of land by the Village of Mount Prospect. . .. ,...... "'" - """"'" . SECTION 3: That legal title to the aforementioned tract shall be in ithe name. of the "VIILAGE OF MOUNT PROSPEGr, ILLlliOIS, a rmmicipal corporation." : SECTION 4: That the President of the Board of Trustees of the ;Village of Mount Prospect is authorized to sign, execute, and deliver a pontract to purchase the aforementioned land (as per copy attached hereto) pursuant to the terms and amount aforementioned; and that the Clerk of the fillage of Mount Prospect is authorized to attest said signature. I SEGrION 5: This Resolution shall be in full force and effect from d after its passage and approval in the manner provided by law. AYES : 6 NAYS: 0 ASSED AND APPROVED this 1st day of October, 196 TrEST: M ' 0J/// / /IG:u~ V ..o\>L~'<./-f ~~ f 9-68