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RESOLUTION NO. I�LI <br /> RESOLUTION AUTHORIZING THE PURCHASE OF PROPERTY LOCATED AT <br /> 1570 W.FOREST AVENUE,IN DECATUR,ILLINOIS <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> WHEREAS: the City of Decatur, IL has been acquiring both improved and vacant <br /> properties to enhance neighborhood revitalization goals; and, <br /> WHEREAS:the City of Decatur, IL has been rehabbing homes along with our community <br /> partners and we have negotiated a purchase agreement to purchase the single-family home located <br /> at 1570 W. Forest Avenue (04-12-16-333-021), located in the West End neighborhood; and, <br /> WHEREAS: the City desires to purchase this vacant house through a Real Estate Purchase <br /> Agreement from Land of Lincoln Credit Union. <br /> NOW THEREFORE,BE IT RESOLVED: <br /> Section 1. That the City Manager, or designee, is authorized to purchase 1570 W. Forest <br /> Avenue (04-12-16-333-021) located in Decatur,IL through a Real Estate Purchase Agreement, as <br /> generally attached here as Exhibit A. <br /> Section 2. That the City Manager, or designee, is authorized to purchase 1570 W. Forest <br /> Avenue(04-12-16-333-021)for an amount not to exceed Thirty-Five Thousand Dollars($35,000). <br /> PRESENTED and ADOPTED this da of <br /> y , 2023. <br /> r <br /> L <br /> LISA GREGORY,MAYP 6�O TEM <br /> Attest: <br /> 74 <br /> KINk ALTHOFF, CITY CL <br />