HomeMy WebLinkAboutOrd 793 10/03/1961
10/10/2/61
ORDINANCE NO. 7f 3-
Ali ORDINANCE AUTHORIZING THE SALE OF CERTAIN PROPERTY
OF THE ~ILLAGE OF MOUNT PROS.t'ECT".L COOK COUNTY, ILLINOIS
WHEREAS, the corporate authorities of the Village of
Mount Prospect have determined that the property hereinafter de-
scribed is no longer necessary, appropriate, useful to, profitable
to, or for the best interests of the Village of Mount Prospect; and
V~IEREAS, the corporate authorities find it in the best
interests of the Village of Mount Prospect to sell the real es-
tate legally described as follows:
Lot 4 in Maple Crest Subdivision, being a Subdi-
vision of part of the Northeast quarter of Sec-
tion 34, Township 42 North, Range 11 East of the
Third principal Meridian, Cook County, Illinois,
said property being located North of Highland Avenue and adjacent
to Rand Road;
NOW, THEREF'OHE, BE IT' OHDAIl'l'"ED by the President and
Board of Trustees of the Village of Mount Prospect, Cook County,
Illinois:
Section 1. That a sale of the property described in
Section 2 hereof be and the same is hereby directed to be made
under terms and conditions meeting the approval of the corporate
authorities of the Village of Mount Prospect, in accordance with
the statutes of the State of Illinois.
Section 2. That the Clerk of the Village of Mount Pros-
pect be and is hereby directed to cause a public notice advertis-
ing for bids for such property to be published once each week for
three successive weeks in the Mount Prospect Herald, and said
notice shall be in substantially the following form:
"PUBLIC NOTICE OF ADVERTISENrENT POR BIDS ON sAlIE OF
VILLAGE PRu~ERTY.
"Public notice is hereby given that pursuant to the pro-
visions of Illinois Revised Statute (1959), Chapter 24, Article
59, ami in accord with Ordinance No. ; t/1 duly adopted (~~, ~ ,
1961 by the corporate authorities of the Village of Mount Prospect,
Cook County, IllinoiS, sealed bids for the purchase of the unim-
proved real estate legally described as follows:
"Lot 4 in Maple Crest Subdivision, being a Sub-
division of part of the Northeast quarter of
Section 34, Township 42 North, Range 11 East
of the Third principal Meridian, Cook county,
Illinois; said property being located North of
Highland Avenue and adjacent to Rand Road;
will be received at the office of the Village Clerk, Village of
Mount Prospect, Village Hall, 112 East Northwest Highway, Mount
prospect, Illinois, until 8 :00 o'clock P.M. on j v.-/, ..'- ,
196 ' , and that all said sealed bids so received shall thereupon
be oPened at a regular meeting of the Village Board of the Millage
of Mount Prospect at its regular meeting place, 112 East Northwest
Highway, Mount Prospect, IllinoiS, at 8:00 o'clock P.M. on
'JI/t III , 196L.
"All bids must be accompanied by a cashier's or certified
check made payable to the Treasurer of the Villa~e of Mount Pros-
pect in the sum of at least ten percent (10%) ofOthe bid as a guar-
antee of good faith and for security for the performance of such
bid, and as liquidated damages to the Village in case a successful
bidder fails to tender to the Village the consideration specified
in the bid within thirty (30) days after said bid is accepted.
"The corporate authorities of the Village of Mount Pros-
pect will furnish a warranty deed with good and merchantable title.
"The corporate authorities of the Village of Mount Pros-
pect reserve the right to reject any or all bids and to waive in-
formalities in the bids and biddll1g. No bid shall be withdrawn
after the opening of bids for a period of thirty (30) days from
the date of bid opening without the consent of such corporate
authorities. The making of any award is in the discretion of
said corporate authorities.
"By order of the Village Board of the Village of :Mount
Prospect.
"Da ted this
"
,
~
day of (Q Ii Ll-,Jf-c>(./
"RUTH C. WILSON
"Village Clerk."
, 196.1..
Section 3. That bids received in response to said ad-
vertisement for bids shall be opened at the regular meeting of the
President and Board of Trustees of the Village of Mount Prospect
in the Village Hall in the Village of ~ount Prospect on the ~
day of , ..,1961, at the hour of 8:00 P.M.
Section 4. That within thirty (30) days after a bid is
accepted the successful bidder shall tender to the Village the
consideration specified in the bid accepted and upon receipt of
such consideration the President and C~erk of the Village of Mount
Prospect sha~l thereupon cause the necessary legal papers to be
issued in the name of the said Village to the successful bidder
for the real estate successfully bid upon. The corporate author-
ities of the Village of Mount Prospect will furnish a warranty
deed with a good and merchantable title.
A YES :
&:<-,~
~
That this ordinance shall
and approval according to
~~ C(iL...-
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take effect from
law.
Section 5.
and after its passage
NAYS: ~
ABSENT: ~
PASSb"'D this J
AP PR OVED this -3
day of ik:.. Cl.-t~,?A.., _:) 1961.
day o&t.;~'t~:
President
Attest
Ie).. Lei, t ,C .~.{ ..in'-
Village Clerk