HomeMy WebLinkAboutOrd 2736 08/16/1977
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II WHEREAS, the corporate 8.uthorities of the Village of Mount Prospect have
I determined that the property hereinafter described is no longer necessal'}" ,
I appropriate, useful to, profitable to, or for the best interests of the Village
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! of Mount Prospect; and
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8/8/77
ORDINANCE NO.
2736
AN ORDINANCE AUTHORIZING THE SA;LE OF CERTAIN PROPERTY
OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS
Vi'HEREAS, the corporate authorities find it in the best interests of the Village
of Mount Prospect to sell the real estate legally described as follows:
Lot One (1) in Block One in Bluett's Subdivision of part of the
North Half (f) of the Southeast Quarter (:1) of Section 34, Town-
ship 42 North, Range 11, East of the Third Principal Meridian ,
according to Plat thereof, registered in the Office of the Regis-
trar of Titles of Cook County, as Document No. 1464233;
said property being commonly known as 309 North William Street, Mount
Prospect, Illinois;
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS;
SECTION ONE: That a sale of the property described in SECTION TWO here-
of be and the SlL'1le 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 TWO: That the Clerk of the Village of Mount Prospect be and is
hereby directed to cause a public notice advertising for bids for such pro-
y 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:
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SALE OF LAND.
NOTICE TO BIDDERS
Notice is hereby given that the Village Manager of the Village of
Mount Prospect, Cook County, Illinois, will receive bids at the
office of the Village Manager, 100 South Emerson Street, until
11: 00 a.m. C.S. T. September 1, 1977, at which time the Bid
Proposals for the purchase of certain land presently owned by
the Village of Mount Prospect, will be opened and publicly read.
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This particular vacant parcel commonly known as 309 North
William Street. Mount Prospect, Illinois, is basically tri-
angular in shape with 107.97 feet on William Street, 138.81
feet on Rand Road, and a south lot line of 125 feet in size.
It is zoned for single family residential development, and is
legally described as follows: ..
Lot One (1) in Block One in Bluett's Subdivision of
part of the North Half CD of the Southeast Quarter (:0
of Section 34, Township 42 North, Range 11, East of
the Third Principal Meridian, according to Plat there-
of, registered in the Office of the Registrar of Titles
of Cook County, as Document No. 1464233.
Prospective bidders and interested persons may review the location
notes at the Village Hall, 100 South Emerson Street, Mount Prospect,
from the office of the Village Attorney. The Village of Mount Pros-
pect reserves the right to rej ect any and all bids.
By Order of Mayor and Board..of Trustees, Village of Mount Prospect,
Carolyn H. Krause, Mayor.
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SECTION THREE: That bids received in response to said advertisement
for bids shall be opened at the office of the Village Manager, 100 South
Emerson Street, on the 1st of September, 1977, at the hour of 11: 00 a.m.
C.S.T.
SECTION FOUR: 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 Clerk of the Village of Mount Prospect shall 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
authorities of the Village of Mount Prospect will furnish a warranty deed
with a good and merchantable title.
SECTION FIVE: That this Ordinance shall be in full force and effect from
and after its passage, approval, and publication in the manner provided
by law.
I AYES: 6
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NAYS: 0
PASSED this 16th day of August
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APPROVED this 16th day of August
, 1977.
. 1977.
APPROVED:
IATTEST:
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C:~ AI.f~_
Village Pre ident
~ -41, ~~_.
Village Clerk
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