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. ' . � <br /> RESOLUTION NO. R2003-26 <br /> RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY <br /> 125 EAST NORTH STREET <br /> - OLDE TOWNE REDEVELOPMENT PROJECT AREA- <br /> BE IT RESOLVED BY THE COUNCIL OF THE CITY OF DECATUR, ILLINOIS: <br /> Section 1. That the City Mana.ger be, and he is hereby, authorized and directed to <br /> negotiate and execute an agreement with the owner or owners thereof for the purchase by the <br /> City of the real property commonly known as 125 East North Street, in the City of Decatur, <br /> Illinois, for a price not to exceed Ninety Thousand Dollars ($90,000.00) and said officer is hereby <br /> further authorized and directed to cause payment to be made to said owner or owners in <br /> accordance with said agreement and to accept conveyance of said property and to otherwise do <br /> that which is necessary to effect the provisions hereof. <br /> Section 2. That the City Manager and City Clerk be, and they are hereby, authorized and <br /> directed to sign, seal and attest said Agreement on behalf of the City, and said officers, along with <br /> the City Manager and the Assistant City Manager of Economic and Urban Development be, and <br /> they are hereby, authorized to cause to be done that which may appear appropriate to cause said <br /> property referred to in said Agreement to be acquired by and on behalf of the City of Decatur. <br /> PRESENTED and ADOPTED this 3rd day of March, 2003. <br /> � �- <br /> TERR M. HO Y, MA OR <br /> ATTEST: <br /> ` ._—��- <br /> ��� �� �� <br /> CITY CLERK <br />