R2009-197 AMENDING RESOLUTION R2009-117

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. , ' � � REAL ESTATE TRANSFER AGREEMENT SHARON KAY STEIN, as SELLER, agrees to convey, and THE CITY OF DECATUR, as BUYER, agrees to purchase a parc�l of real property legally described as: Lot Three (3) in Block Three (3) of Fairview Place, an Addition to the City of Decatur, as per Plat recorded in Book 149, Page 615 of the Records in the Recorder's Office of Macon County, Illinois, commonly described as 1316 W. Eldorado, Decatur, Illinois, (the property), for good and valuable consideration, to wit: $5,000.00. The Permanent Index Number for the property is: 04-12-16-203-021 'BUYER shall pay SELLER the sum of Five Thousand Dollars ($5,000.00), at such time and place in Decatur, Illinois, as shall be mutually agreeable to BUYER and SELLER, which event shall be called settlement. BUYER shall be entitled to possession of the property on the date of settlement. Settlement shall occur no more than one month after the date of�his agreement. SELLER shall deliver to BUYER, at settlement, a Warranty Deed to the , premises in such form and together with such documentation as shall be required for recording said deed. BUYER agrees to pay seller's and buyer's title commitment expenses, as well as the costs of recording with the Recorder of Deeds any documents necessary to complete the transfer of ownership. Buyer shall receive credit at settlement for Seller's 2009 general real estate taxes due and payable in 2010, calculated at the 2008 rate, pro-rated through the date of settiement. The date of this agreement is the latest date of signing by any party. Each person signing this agreement is a party or the duly authorized agent of a party to this agreement with full authority to bind the party to the terms and conditions of this agreement on behalf of said party. This agr�ement shall be binding on the r d