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TO: Mayor Richard C. Irvin
FROM: Chuck Nelson, Deputy Mayor
DATE: May 25, 2017
SUBJECT:
Ordinance authorizing the sale of the easterly 40 feet of City Real Estate (LOT 14), located at 774 North Avenue, Aurora, Illinois, Permanent Index No.: 15-26-109-028.
PURPOSE:
Attached is an Ordinance authorizing the sale of the easterly forty feet (40') of City real estate, Lot 14, commonly known as 774 North Avenue, with PIN 15-26-109-028, to Pedro Estanislao Rodriguez Castellanos, who owns the property directly west of the area to be sold (772 North Avenue). Under the terms of the proposed sale, Rodriguez will pay the City one dollar ($1.00) and consolidate the land with his current parcel. This sale includes all said property PIN 15-26-109-028.
BACKGROUND:
In February 2015 the City of Aurora purchased the property at 774 North Avenue, Aurora, Illinois with density reduction funds following a repair or demolition action pursuant to 11-31-1 of the Illinois Municipal Code. The structures on the property are raised. The property is currently exempt from real estate taxes. The lot is to be given to the adjoining land owner (Rodriguez) as legally described below:
THE EASTERLY 40 FEET OF LOT 14 OF KINGSBURY SUBDIVISION OF LOTS 4, 5, 6 AND 7 OF HOWELL'S ADDITION TO AURORA, IN THE CITY OF AURORA, KANE COUNTY, ILLINOIS. .
DISCUSSION:
The City has made this type of arrangement before with adjacent owners in order to dispose of vacant City-owned lots.
IMPACT STATEMENT:
Transfer of the property to the adjoining property owner will move parcel back to the City tax rolls and remove parcel from City maintenance.
RECOMMENDATIONS:
Place on Finance Committee Calendar (6/13/17 Agenda) for approval to City Council.
cc: Alderman O'Connor, Chairman
Alderman Mesiacos
Alderman Bugg
Alderman Mervine, Alternate
CITY OF AURORA, ILLINOIS
ORDINANCE NO. _________
DATE OF PASSAGE ________________
title
An Ordinance authorizing the sale of City Real Estate located at 774 Nor...
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