HomeMy WebLinkAboutOrd 3459 09/18/1984 RDINANCE NO. 3459
AN ORDINANCE TO AUTHORIZE THE SALE OF REAL PROPERTY
OWNED BY THE VILLAGE OF MOUNT PROSPECT, ILLINOIS
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
THE 18th DAY OF September , 1984.
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
~5th day of September , 1984.
RDINANCE NO.
3459
AN ORDINANCE TO AUTHORIZE THE SALE OF REAL PROPERTY
OWNED BY THE VILLAGE OF MOUNT PROSPECT, ILLINOIS
WHEREAS, there has been submitted to the President and Board
of Trustees a certain proposal by Opus Designers Builders Developers,
Inc. for the purchase of certain Village owned real estate, as
hereinafter described (a copy of which proposal is attached hereto
and made a part of this Ordinance by reference); and
WHEREAS, the Subject Real Estate is vacant and the President
and Board of Trustees of the Village of Mount Prospect have deter-
mined that the same is no longer necessary, appropriate or
required for municipal use, and that the purchase price offered
therefore at $344,015.00 is fair, reasonable and just; and
WHEREAS, it is determined to be in the best interest of the
Village of Mount Prospect that said Real Estate be sold to Opus
Designers Builders Developers, Inc. in accordance with its proposal.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD
OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION 1: The recitalS set forth above are incorporated
herein as findings of fact by the President and Board of Trustees
of the Village of Mount Prospect.
SECTION 2: The President and Board of Trustees of the
Village of Mount Prospect do hereby approve and accept %he proposal
submitted by Opus Designers Builders Developers, Inc. for the
purchase of certain Village owned real estate~ described as follows:
Lot 308 B in Kensington Center Resubdivision Fifteen, being
a Subdivision of Lot 308 in Kensington Center - Phase Three-A,
a Subdivision and Resubdivision in part of the Northwest
quarter and the Northeast quarter of Section 35, Township
42 North, Range 11, East of the Third Principal Meridian,
in Cook County, Illinois.
Said property to be acquired at a purchase price of $344,015.00.
SECTION 3: The Village President and Village Clerk are
hereby authorized and directed to execute such real estate contract
on behalf of the Village of Mount Prospect, and the Village
Attorney is hereby authorized to undertake all necessary title
commitment and document preparation requirements to conclude the
sale and conveyance of the Subject Property to Opus Designers
Builders Developers, Inc.
SECTION 4: This Ordinance shall be in full force and effect
upon its passage, approval and publication in pamphlet form in
accordance with law.
AYES: ARTHUR~ FARLEY, FLOROS, MURAUSKIS, VAN GEEM, WATTENBERG
NAYS: NONE
ABSENT: NONE
PASSED and APPROVED this 18th day of September, 1984
ATTEST:
VILLAGE CLERK
LAGE PRESIDENT