HomeMy WebLinkAboutOrd 2798 06/06/1978
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ORDINANCI~ NO. 2793
AN ORDINANCE AUTHORIZING THE SALE OF CERTAIN PROPEllTY
OF THE VILLAGE OF IVl0UNT PHOSPECT, COOK COU~NTY, ILDN"O!S
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VHEREAS, the Corporate Authorities of the Village of IWount Prosp.set hsvc d;;tcr-
:rlned that the property hereinafter described is no longer necessary, B.ppl'opriate l
lseful to, profitable to. or fer the b8st interests of the Village of rt10unt PrOSpl'ct;
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YEEREAS, the Corporate Authorities find :it in the best interests of the VjJjag-c of
\Iount Prospect to sell the real €stl?te legally d.'~scribed as follows:
Lot One (1) in Block One in Bluett's Sul:::.!,:HvIsionof part of the Nc:rth
Half (1/2) of the Southeast Quarter (1/4) of Section 34, Township 42
North, Range 11, East of the Third Principal Meridian, according to
Plat th.p.reof, refi,rJ.stered in the Office of the Registrar of TiUes of Cook
C<mnty; as Document No. 1464233,
,aid property being commonly k~own as 309 North William Street, Mou!1t Prosr::;t~ct l
llinois;
TOW, THEREFOl1E, BE IT ORDAINED BY THE PRESIDENT AND BOAnD OF TRUSj',€:Ed
IF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
I~CTION ONE: That a sale of the property d~scribed in SECTION '1 '\'.TO :hcrecd 0:',
n<3. the s.ame j.shereby directed to be made uncle;;:' terms and ~onditions JTll?ethJ~; tho
.ppro'llal of the CorporE'.te Authorities of the Village of Mount Prospc~t, in vccf')/'da.nc{',
vith the statutes of the State of Illinois.
ECTION TWO: That the Clerk of the Village of Mount Prospect be Dnd is hc:r;;;lfv
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-h:,ected to cause & public notice adve}<tising for bids for such propc:I'ty !G ;')8
. ublished o~ce each waek lor three sncces~ive weeks in The fJHH:l HeraJd,
nO. said notice shall be hI substantiaHy the followi!1g fcl;m:--"-.-------
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SA.LE JF :lLAND
NOTICE TO BIDDERS
Notice is hereby given that the Acting Vinage .Manager of t.h(;
Village of Mourt Prof'pect, Coo]" County, IHincis l vvill Tecei...r\:,~ bid~:
at the ('ffice of the Village Manaf~t",j', 100 South Emerso,:\ 8t~.>,,:'8t. \Lit:G
11: 00 H.m. C.D. S . T . . .Jui';e ;W, 1978, at which time thE: Bici Pr;)-
posals for the purchBse of ('ertnin hmd. presently 0V7n8d by the
Village of Mount Prospect. 'iNi.l1 be opened and publicly read. Any
such proposal shdl be hl the fo:cm of a standard real e^:':>tat0 corc
trad forr.n. acccmpanied by earnest money in cash, cer';:}.fi(~d Ch.E~"t::,
or cashier's check in the amount of 10% of the offer (bid pj>opoGaD..
This particu12l' vacant p&l'cel commonly known as 309 North Willi3rtl
Stl>(~0t, Mount Prospect, IlHno:! s, is bBsicc.lIy tr5angulm.' in S)~:YpE~
with frontage of approx;matcly lC'l. fl'! feet on WiHiarTl StrGet and
138.81 feet on Rand naad, and having a scuth lo~ line of appro:'(i-
mately 115 feet between William Str~et and nand n.oad. 1t h; zoned
for single f'am5Jy re8:ldfTti~1 development, nnd is legally dE'f;cribed
as follows:
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Lot One (1) in Block One in Bluett's Subdivision of
part of the North Half 0/2) of the Southeast Quarter
(1/4) of Section 34, Township 4.2 North, Range 11,
East of the Third Princi.pal Meridian, according to
Plat thereof, registeri::6. in the Office of the Registrar
of Titles of Cook County, as Document No. 1464233.
Prospective bidders 8.nd interested persons may review the location
notes at the Villnge Hall, 100 South Emerson Street, Mount Prospect,
at the office of the Village Attorn0Y. The Village of Mount Prospect
reserves the rig'ht to reject any and all bids.
By Ol'der of Mayor and Board of Truste0s, Village of Mount Prospect.
Carolyn H. Krause, Mayor
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ECTION THREE: That bids received in response to seoid advertisernent for' bids
hall be opened at the office of the Village Manager, 100 South Emerson Street,
n the 30th dp.y of June, 19r(8, at the hour of 11: 00 a.In", C.D.S. T.
ECTION FOUR: That within thirty (30) days after a bid is accepted. the success.
ul bidder shaif tender to the Village the consid,~ration specified in the bid ::wcepted
nd upon receipt of such consideration the President and Clerk of the Village of
~ount Prospect shaH thereupon cause the necessary legal papers to be issued in
he name of the said Village to the successful bidder for U;.c subject real estat(~.
he Corporate Authorities of the Villag(') of Mount Prospect will furnish a warranty
eed with a good and merchantable tine.
EC]'ION FrvE: Thflt this Ordinance shall be in full force and effect from an~:i .
fter its passage, a.pproval, and publication in the manner pl'ovWed by law.
YES: 5
AYS: 0
BSENT: 1
ASSED this
6th
day of
June
. 1978.
PPROVED this 6th day of ,; une
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Village pr...sident .
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illage Clerk
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