HomeMy WebLinkAboutOrd 3750 02/17/1987ORDINANCE NO. 3750
2O8
AN ORDINANCE APPROVING REAL ESTATE PURCHASE
AGREEMENT FOR PROPERTY COMMONLY KNOWN AS
EAST EVERGREEN STREET, MOUNT PROSPECT, ILLINOIS
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
THE 17th DAY OF February , 1987.
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
19th day of February, 1987.
AF
ORDINANCE NO. ~7Kg
AN ORDINANCE APPROVING REAL ESTATE PURCHASE AGREEMENT
FOR PROPERTY COMMONLY KNOWN AS
208 EAST EVERGREEN STREET, MOUNT PROSPECT, ILLINOIS
WHEREAS, the Village of Mount Prospect did adopt the Village of
Mount Prospect District No. 1 Tax Increment Redevelopment Project
and Plan on August 20, 1985; and
WHEREAS, the Village of Mount Prospect has received a proposed
contract for the purchase of certain property within the
Redevelopment Project Area which property was designated for
acquisition, a copy of the proposed contract is attached hereto
and hereby made a part hereof as Exhibit "A".
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: The Board of Trustees of the Village of Mount
Prospect find that it is in the best interests of the Village of
Mount Prospect to enter into the contract attached hereto as
Exhibit "A".
SECTION TWO: The Village President and Village Clerk are
hereby directed and authorized to execute the contract (Exhibit
"A" attached hereto) and the Village staff, its agents and
attorneys are hereby authorized and directed to take all
necessary action to fully implement all the terms, conditions and
covenants of the contract (Exhibit "A" attached hereto).
SECTION THREE: This Ordinance shall be in full force and
effect from and after its passage, approval and publication in
pamphlet form in the manner provided by law.
AYES: Arthur, Farley, Floros, Van Geem, Wattenber§
NAYS: None
ABSENT: Murauski s
PASSED and APPROVED tVhis 17th day of February
, 1987.
ATTEST: