HomeMy WebLinkAboutResolution #509
RES OLUTI ON N0. J/'-°-(~
WHEREAS, the City of Canton, Illinois has for some time
past experienced the need for off""street parking facilities
adjacent to the Public Square or Business District"` of this
City ; and,
WHEREAS, the City of Canton, Illinois now has the
to purchase realty which is suited for such purposes
opportunity
on terms advantageous to this City and which realty is described
as follows, to-wit:
The South 1/2 of Lot Number 94 of the OofgFulton
Town of Canton, situated in the County ~
State of Illinois.
NOW, THEREFORE, BE IT AND IT HEREBY IS, RESOLVED that
the Mayor ~ this City on behalf of this City, be and he hereby
d au horize~d rovidin for
is, directed~~o en~ er in o a written agreement p g
the p rice not to exceed ~ ~f~ •O~ ~
urchase of said realty at a p
ments without interest, over
to be paid by annual installment pay ,
a period not in excess of ten (10) years fromrealtdato berdelivered
with possession and complete control of said y rovidin
to said City upon the execution of said Contract and p g
a merchantable title to said realty is displayed.
PASSED by the City Council of the City of Canton, Illinois
and approved by the Mayor this 5th day of August, A.D. 1969.
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APPROVED: ~- MA R
f
(:~
ATTEST
C TY CLE