File #: TMP-24-2339   
Type: Resolution Status: Tabled
File created: 5/8/2024 In control: KC Finance and Budget Committee
On agenda: 5/29/2024 Final action:
Title: AUTHORIZING THE KANE COUNTY BOARD CHAIR TO WORK WITH THE STATE'S ATTORNEY'S OFFICE TO DRAFT A LETTER OF INTENT AND A PURCHASE AGREEMENT FOR A BUILDING IN AURORA, ILLINOIS
Attachments: 1. Exec. Sum.
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AUTHORIZING THE KANE COUNTY BOARD CHAIR TO WORK WITH THE STATE'S ATTORNEY'S OFFICE TO DRAFT A LETTER OF INTENT AND A PURCHASE AGREEMENT FOR A BUILDING IN AURORA, ILLINOIS

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WHEREAS, the Kane County Board recognizes the growing space needs of various county departments, including the Kane Health Department, light storage space, and additional County Offices and Departments as needed; and

WHEREAS, the acquisition of additional space through the purchase of a building located in Aurora, Illinois, has been identified as a solution to address these space needs; and

WHEREAS, it is in the best interest of Kane County to proceed with the purchase of the aforementioned building; and

WHEREAS, the purchase price for the building will be negotiated at $_____, subject to the terms and conditions of the purchase agreement; and

WHEREAS, the Kane County Board Chair is authorized to take necessary actions to advance the interests of the County, including entering into agreements and executing documents on behalf of the County; and

WHEREAS, it is prudent to engage the expertise of the State's Attorney's Office to draft a letter of intent and a purchase agreement for the acquisition of the building.

NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the Kane County Board Chair is hereby authorized and directed to work with the State's Attorney's Office to draft a letter of intent and a purchase agreement for the acquisition of the building located in Aurora, Illinois. The terms of the purchase agreement shall include, but not be limited to, the purchase price of $_______, the conditions of sale, and any other terms deemed necessary to facilitate the acquisition.

NOW, THEREFORE, BE IT FURTHER RESOLVED by the Kane County Board that the Kane County Chair is further authorized to execute the letter of intent and the purchase agreement on behalf of Kane County upon final...

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