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TO: Mayor Thomas J. Weisner
FROM: Rick Guzman, Assistant Chief of Staff
DATE: September 17, 2015
SUBJECT:
The City of Aurora desires to purchase the property located at 64 - 66 N. LaSalle St., Aurora for the sum of $53,500.
PURPOSE:
The additional land acquired will give the City full control of the block bordered by Spring and New York Streets on the North and South Respectively-and Broadway and N. LaSalle Street on the East and West respectively. The contract calls for the seller to complete demolition prior to closing and the land will subsequently be used by the Aurora Fire Department and/or to expand the adjacent public parking.
RECOMMENDATIONS:
It is recommended the Finance Committee approve this item and move forward to the Tuesday, October 6, 2015 Committee of the Whole.
cc: Alderman O'Connor, Chairman
Alderman Mervine
Alderman Bohman
Alderman Mesiacos, Alternate
CITY OF AURORA, ILLINOIS
ORDINANCE NO. _________
DATE OF PASSAGE ________________
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An Ordinance Authorizing the Purchase of Real Estate Located at 64 - 66 N. LaSalle St., Aurora, Illinois.
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and
WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any function pertaining to its government and affairs for the protection of the public health, safety, morals, and welfare; and
WHEREAS, the City desires to purchase the property commonly known as 64 - 66 N. LaSalle Street in accordance with the terms of a Contract For the Purchase and Sale of Real Estate, attached hereto and incorporated herein by reference as Exhibit "A"; and
WHEREAS, the 2015 City Budget provides up to $340,000 for this item in account number 340-1330-463.72-01 (Capital Improvements Fund A).
NOW, THEREFORE, BE IT ORDAINED by ...
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