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REAL ESTATE PURCHASE AGREEMENT <br /> THIS AGREEMENT("Agreement")is entered into by and between the City of Decatur, <br /> Illinois, an Illinois municipal corporation("City")and 2 Ya dated <br /> 2-1t- 70-- O 2020,("Seller"). <br /> RECITALS <br /> A. The City is a municipal corporation as set forth in the Illinois Municipal Code,65 ILCS <br /> 511-1-1,et. seg. <br /> B. The City is a home rule unit under Article VII Section 6(a)of the Illinois Constitution <br /> (IL Const. 1970,Art. VII, Sec. 6(a)). <br /> C. The City Code of the City of Decatur provides in Chapter 33 that the City may purchase <br /> property as the Council authorizes or approves. <br /> D. The Seller desires to transfer to City the property set forth in this Agreement. <br /> E. The City desires to purchase from the Seller the property set forth in this Agreement. <br /> NOW,THEREFORE, in consideration of the foregoing recitals,the mutual covenants <br /> and agreements hereinafter set forth, and for good and valuable consideration,the receipt, <br /> sufficiency and adequacy of which are hereby acknowledged,the parties agree as follows: <br /> 1. The foregoing recitals are incorporated herein as fully stated as a part of this <br /> Agreement. <br /> 2. Subject to the terms and conditions of this Agreement,the Seller shall transfer the <br /> following described premises("Property")to the City: (legal description) <br /> tv m MAer,A,,`s ,9 D�'n a� a z /�y13 5 jvoz Fi a 7 oT y` <br /> Commonly known as situated in Macon County, Illinois. <br /> 3. City shall pay to the Buyer the sum of `750 50 ($) for <br />