HomeMy WebLinkAboutOrd 3183 01/19/1982 ORDINANCE NO.3183
AN ORDINANCE TO AMEND ARTICLE V ENTITLED
"OTHER REGULATIONS" OF CHAPTER 8 OF THE
VILLAGE OF MOUNT PROSPECT, ILLINOIS
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
THE ]9~h DAY OF ~__, 1982.
Published in pamphlet form by
authOrity of the corporate
authorities of the Village of
Mount Prospect, Illinois the
19th _ day of January
A.D. ~2.
RDINANCE NO. 3183
AN ORDINANCE TO AMEND ARTICLE V ENTITLED
"OTHER REGULATIONS" OF CHAPTER 8 OF THE
VILLAGE OF MOUNT PROSPECT, ILLINOIS
WHEREAS, Section 6 (a) of Article VII of the Constitution of the
State of Illinois (1970) provides that any municipality which has a
population of more than 25,000 is a Home Rule Unit. The Village of
Mount Prospect, with a population in excess of 25,000 may, therefore,
exercise any power and perform any function pertaining to its government
and affairs; and
WHEtbEAS, the sale of real property owned by the Village of Mount
Prospect pertains to the goverrnnent and affairs of the Village of Mount
Prospect; and
WHEREAS, the President and Board of Trustees of the Village find that
it would be in the best interest of the Village to establish procedures
for the sale of real property owned by the Village;
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS AS FoLLOWs:
SECTION 1: Article V entitled "Other Regulations" of Chapter 8 of
the ~illage Code of Mount Prospect is hereby amended by adding thereto a
new Section 8.514 to be entitled "Procedures for the Sale of Village Owned
Real Estate" and to read as follows:
"Sec. 8.514 Procedures for the Sale of Village Owned
Real Estate
The President and Board of Trustees of the Village of
Mount Prospect shall authorize the sale of any real
property owned by the Village of Mount Prospect by
adopting an Ordinance providing therefor. Such Ordinance
shall be adopted by a majority of said corporate authorities
and shall contain at least the following:
no
Bo
Eo
the names of the purchaser of the property; if a
land trust, the names and addresses of all
beneficiaries shall be disclosed, and if a
corporation, the names and addresses of its
officers and directors Shall be listed;
the legal description of the property;
the purchase price of the property;
a finding by the President and Board of Trustees of
the Village that the purchase price to be paid for
the property is fair, reasonable and just;
a finding by the President and Board of Trustees
of the Village that the property is no longer
necessary, appropriate or required for municipal
use; and
F. the real estate contract for the purchase of property.
SECTION 2: This Ordinance shall be in full force and effect from and
after its passage, approval and publication in pamphlet form as provided
by law.
ASSED:
A~rES:
NAYS: None
ABSENT: None
APPROVED:
PUBLISHED:
This !9th day of January , 1982.
Arthur, Farley, Floros, Miller, Murauskis, Wattenberg
This 19th day of January , 1982.
This 20th day of January , 1982
in pamphlet form.
VILLA~ P~ES~DENT
ATTEST:
VILLAGE CLERK