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RESOLUTION NO. R2000-89 <br /> RESOLUTION AUTHORIZING SALE <br /> AND EXCHANGE OF PROPERTY <br /> -DECATUR FOURSQUARE CHURCH- <br /> WHEREAS, the City of Decatur ("City") published notice of intent to sell the premises <br /> described below, as provided by law; and, <br /> WHEREAS, Decatur Foursquare Church("Foursquare")was the only party submitting an <br /> offer to purchase same. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br /> DECATUR, ILLINOIS: <br /> Section 1. That the City Manager, or his designee, be, and he is hereby, authorized and <br /> directed to negotiate an agreement with Decatur Foursquare Church whereby the City will <br /> convey to Foursquare, and Foursquare will convey to the City, the following properties, as <br /> indicated: <br /> A) City to Foursquare(after buildings on lots are demolished): <br /> 355 East Grand Avenue, 1128-1162 North Water Street, <br /> 1152 and 1172 North Warren <br /> B) Foursquaze to City: 1218 North Warren and 406 East Leafland. <br /> and in addition thereto Foursquare will pay to the City the sum of One Hundred Sixty Two <br /> Thousand Dollars ($162,000.00), and said Manager and the City Clerk be, and they are hereby, <br /> further authorized and directed to sign, seal and attest said agreement on behalf of the City. <br /> Section 2. That upon payment to the City of the consideration specified in Section 1 <br /> hereof, in full compliance with any schedule therefor contained in said agreement,the Mayor and <br /> City Clerk be, and they are hereby, authorized and directed to sign, seal and attest deeds <br /> conveying the above-described property to Foursquare, and the City Manager, or his designee, is <br /> further directed to deliver said deed or deeds to Foursquare. � <br /> PRESENTED AND ADOPTED this 19th day of June, . <br /> Terry M. Howle ayor <br /> ATTES <br /> -�� _1 , <br /> t�;�7� ` �c--L2,C%� <br /> CITY CLERK <br />