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TO: Mayor Thomas J. Weisner
FROM: Alayne M. Weingartz, Corporation Counsel
DATE: March 21, 2014
SUBJECT:
330 North Broadway, Aurora, Illinois.
PURPOSE:
To acquire necessary property that is within the RiverEdge Park Master Plan area.
BACKGROUND:
The City has had ongoing discussions with the owner of the property, attorney Gary Gooding, for several years, but could not come to agreement on a price for this property which sits immediately adjacent to the Park. The City caused a formal appraisal to be done, which appraisal valued the property at $145,000.00.
DISCUSSION:
The law firm of Ruddy & King LLC has been handling the negotiations on behalf of the City, have reached impasse on the negotiations with Mr. Gooding, and is prepared to file an action in condemnation in order that the City may acquire this property for Park purposes.
IMPACT STATEMENT:
This property is immediately adjacent to the RiverEdge Park, falls within the RiverEdge Park Master Plan area, and is necessary and advantageous for the logical development of the Park. The purchase or condemnation of this property to add to the Park benefits not only all residents of Aurora, but also the many thousands of those who will come to this public gathering place from outside the City of Aurora.
RECOMMENDATIONS:
That the law firm of Ruddy & King LLC be given authority to pursue acquisition of the property at 330 North Broadway, Aurora, Illinois, either through condemnation or by voluntary agreement, to gain fee simple title and possession thereof for Park purposes.
CITY OF AURORA, ILLINOIS
ORDINANCE NO. _________
DATE OF PASSAGE ________________
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An Ordinance providing for the voluntary acquisition of, authorizing negotiations to be conducted, and authorizing the filing of a complaint in condemnation by Attorney John Ruddy and his law firm regarding the acquisition of the property located at 330 N. Broadway in Aurora, Illinois.
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WHEREAS, the C...
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