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R2023-50 Resolution Authorizing a Real Estate Purchase Agreement for Properties Between Una Mae Eldridge and Una Mae Eldridge Living Trust and the City of Decatur
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R2023-50 Resolution Authorizing a Real Estate Purchase Agreement for Properties Between Una Mae Eldridge and Una Mae Eldridge Living Trust and the City of Decatur
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3/23/2023 10:09:31 AM
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3/23/2023 10:09:30 AM
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Resolution/Ordinance
Res Ord Num
R2023-50
Res Ord Title
R2023-50 Resolution Authorizing a Real Estate Purchase Agreement for Properties Between Una Mae Eldridge and Una Mae Eldridge Living Trust and the City of Decatur
Department
Legal
Approved Date
3/23/2023
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RESOLUTIONNO.&Oa3-raO <br /> RESOLUTION AUTHORIZING A REAL ESTATE PURCHASE AGREEMENT <br /> FOR PROPERTIES BETWEEN UNA MAE ELDRIDGE AND UNA MAE ELDRIDGE <br /> LIVING TRUST AND THE CITY OF DECATUR <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> WHEREAS,the City of Decatur, IL has on occasion acquired certain properties and <br /> facilities to further the City's neighborhood revitalization and workforce development initiatives; <br /> and, <br /> WHEREAS, the City of Decatur, IL has a purchase agreement, subject to City Council <br /> approval, for the properties located at 1170 E. Orchard Street(04-12-11-409-011), (04-12-11-09- <br /> 001), (04-12-11-409-002), (04-12-11-409-003), (04-12-11-409-005), (04-12-11-409-006), (04- <br /> 12-11-409-007), (04-12- 11-409-009), and(04-12-11-453-001), all located in Decatur, IL; and, <br /> NOW THEREFORE; BE IT RESOLVED: <br /> Section 1. That the City Manager, or designee is authorized to purchase the 9 parcels of <br /> property including 1170 E. Orchard St. through a Real Estate Purchase Agreement, as generally <br /> presented in the attached exhibit. <br /> Section 2. That the City Manager is authorized to purchase these 9 properties for an <br /> amount not to exceed One Hundred Eighty Thousand Dollars ($180,000), exclusive of any <br /> related closing costs. <br /> PRESENTED and ADOPTED this day of ' 2023. <br /> lie Moore M <br /> olfe, ayor <br /> Attest: <br /> Kim Althoff, City Clerk <br />
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