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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 `%)�'- & 5A %y dated <br /> Z.0 Z 0 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, sea. <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 /> uf #r4py'S 5U8O, s0 �o� 'Ldck lUr?� 107-/ `5 <br /> ,?/V,O r?OD)T-1&-, 0 f- UL S a l L O-r � <br /> r1A, '1 oq-o-/y-33cTF 0 Y <br /> Commonly known as yyJ S, 1,y,1FF)7' situated in Macon County, Illinois. <br /> 3. City shall pay to the Buyer the sum of j � 006 ($)for <br />