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99-01 AUTHORIZING SALE OF REAL PROPERTY - NORTH WATER TREATMENT PLANT - ARCHER-DANIELS-MIDLAND COMPANY
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99-01 AUTHORIZING SALE OF REAL PROPERTY - NORTH WATER TREATMENT PLANT - ARCHER-DANIELS-MIDLAND COMPANY
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3/10/2016 9:17:26 AM
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Resolution/Ordinance
Res Ord Num
99-01
Res Ord Title
AUTHORIZING SALE OF REAL PROPERTY - NORTH WATER TREATMENT PLANT - ARCHER-DANIELS-MIDLAND COMPANY
Approved Date
1/4/1999
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+ 1 <br /> ORDINANCE NO. 99-01 <br /> ORDINANCE AUTHORIZING SALE OF REAL PROPERTY <br /> -NORTH WATER TREATMENT PLANT - <br /> -ARCHER-DANIELS-MIDLAND COMPANY- <br /> WHEREAS,the City of Decatur is a home rule unit of government under the Constitution <br /> of the State of Illinois, with all of the rights and powers thereof pertaining to its local government <br /> and affairs, including the disposition of real property; and, � <br /> WHEREAS, the City Council of the City of Decatur, by Resolution No. R98-148, <br /> authorized the publication of a notice of intent to sell that real property commonly known as the <br /> North Water Treatment Plant and located at 5655 Rea's Bridge Road, and more particularly <br /> described therein,which notice was published once each week for three (3) successive weeks and <br /> the Certificate of Publication for which is attached hereto as Exhibit A; and, <br /> WHEREAS, in response to said notice, the City received one (1) offer, from Archer- <br /> Daniels-Midland Company, a Delaware corporation ("ADM"), a copy of which offer is attached <br /> hereto as Exhibit B; and, <br /> WHEREAS, the Council determines that said real property is no longer necessary or <br /> required for the use of the City, and that it is in the best interests of the City to accept the offer of <br /> ADM; and, <br /> WHEREAS, the City Manager has negotiated agreements with ADM to effect the <br /> purchase of said property by ADM. <br /> NOW, THEREFORE, BE IT ORDAINED, BY THE CITY COUNCIL OF THE CITY <br /> OF DECATUR, ILLINOIS: <br />
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