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HomeMy WebLinkAboutResolution #1002RESOLUTION NO. inns A RESOLUTION MAKING AN OFFER TO PURCHASE CERTAIN REAL PROPERTY TO THE METROPOLITAN SANITARY DISTRICT OF GREATER CHICAGO WHEREAS, the Metropolitan Sanitary District of Greater Chicago (hereinafter called "MSDGC") is the owner of certain real property which the City of Canton (hereinafter called the "City") wishes to purchase for use as an industrial park; and, WHEREAS, the City has heretofore determined that such acquisition is necessary and in the best interest of the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CANTON, Fulton County, Illinois, as follows: 1. That the City hereby offers to purchase from MSDGC the real property set forth in Exhibits A.1 and A.2 hereto attached and herein incorporated by reference for the total purchase price of $118,000.00. 2. That the City and MSDGC will each bear one-half of the cost of erecting and maintaining a four strand barbed wire fence along the boundary of the tract sought to be purchased for so long as either the City or MSDGC, or, each their respective successors or grantees may desire. 3. That MSDGC shall covey merchantable title to the City by a good and sufficient corporate quit-claim deed in form satisfactory to the City. 4. That MSDGC shall, at its expense, provide the City with a commitment to insure the City's title from Chicago Title & Trust Co. in the amount of $118,000.00. 5. That the Mayor and City Clerk are hereby authorized to enter into an agreement for the contemplated purchase upon terms and conditions which do not materially or substantially differ from those above set forth. 6. That Director Dorgan is hereby directed to communicate this offer to MSDGC. 7. That this Resolution shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Fulton County, Illinois, and approval by the Mayor thereof. PASSED by the City Council of the City of Canton, Fulton County, Illinois, at a regular meeting this 4th day of October , 1983, upon a roll call vote as follows: AYES• Aldermen Kovachevich, Hammond, Savill, Sarff, Workman, • Carl, May, Horr. NAYS: None. ABSENT: None. APPROVED: G.~ , onald E. Edwards, Mayor. ATTEST: cy Whi es, City Clerk. -2-