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HomeMy WebLinkAboutOrd 3987 09/20/1988ORDINANCE NO. 3987 AN ORDINANCE AUTHORIZING THE SALE BY PUBLIC AUCTION OF PERSONAL PROPERTY OWNED BY THE VILLAGE OF MOUNT PROSPECT PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the 20th day of September, 1988 Published In pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the 21st day of September , 1988. ,A Ordinance No. 398? ,~ AN NCE AUTHORIZING THE SAL~ BY PUBLIC AUCT F PERSON,L PROPERTY OWNED BY THE VILLAGE OF MOUNT Pk~J~ECT WHEREAS, in the opinion of at least three-fourths of the cor- porate authorities of the Village of Mount Prospect, it is no longer necessary or useful to or for the best interests of the Village of Mount Prospect to retain ownership of the personal property hereinaft- er described; and WHEREAS it has been determined by the Mayor and the Board of Trustees of the Village of Mount Prospect to sell said personal property at a public auction to be held on Saturday, October 1, 1988. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT: SECTION ONE: Pursuant to Section 11-76-4 of the Illinois Municipal Code, Illinois Revised Statutes, C24, Section 11-76-4, the President and Board of Trustees of the Village of Mount Prospect find that the following described property: VEHICLE MIN. NO. SERIAL NO. YEAR MAKE MODEL VALUE 2743A 4539A 545 CGD16841251192 1978 Chev. GlO VAN IGCGK24MIBO166302 1981 Chev. K20 Pickup D24BE4S044375 1974 Dodge D200 Pickup now owned by the Village of Mount Prospect, is no longer usefui to the ViiIage of Mount Prospect, and the best the Viiiage of Mount Prospect wiII be served by its saie. interests of SECTION TWO: Pursuant to said Section 11-76-4, the Village Manager zs hereby authorized and directed to sell the aforementioned personal property now owned by the Village of Mount Prospect, at public auction on Saturday, October 1, 1988, at 225 West Dundee Road in Wheeling, Illinois, at 11:00 a.m. to the highest bidder on said personal property. SECTION THREE: The Village Manager is hereby authorized and may direct the Northwest Municipal Conference to advertise the sale of the aforementioned personal property in a newspaper published within the community before the date of said public auction. SECTION FOUR: The Village Manager is hereby authorized and may direct the Northwest Municipal Conference to enter into an agreement for the sale of said personal property. The auction shall be conduc- ted in the manner set forth in the Specifications for the sale of vehicles attached hereto and made a part of this ordinance, SECTION FIVE: No bid which is less than the minimum value set forth in list of property to be sold shall be accepted, unless a lower amount zs authorized by the ViIiage Manager or his representa- tive at the auction. SECTION SIX: Upon payment of the full auction price, the Village Manager is hereby authorized and directed to convey and transfer title to the aforesaid personal property to the successful bidder. SECTION SEVEN: This ordinance shall be in full force and effect from and after its passage, by a vote of at least three-fourths of the corporate authorities and approval and publication zn pamphlet form in the manner provided by law. AYES: 5 NAYS: O PASSED AND APPROVED this _.__.~day of September ATTEST: Village Clerk , 1988 President,Carolyn Kra~Use