HomeMy WebLinkAboutOrd 768 07/18/1961
ORDINANCE NO. 768
AN ORDINANCE AUTHORIZING SALE OF CERTAIN
PROPERTY OF THE VILLAGE OF MOUNT PROsPECT,
COOK COUNTY, ILLINOIS
WHEREAS, the corporate authorities of the Village of Mount Prospect
have determined that the property' hereinafter is no longer necessary',
appropriate, useful to, profitable to, or for the best interests of the
Village of Mount Prospect; and
WHEREAS, the corporate authorities find it in the best interests of
the Village of Mount Prospect to sell the real estate legally' described as
follows:
That ~aT't of Block 1 in Busse and Wille I s Resubdi vision in the
West "2 of Section 12, Township 41 North, Range 11 East of the
3rd Principal Meridian, described as follows:
Commencing at a point in the east line of said Block 1,
165.59 feet north of the southeast corner of said Block 1,
said southeast corner of said Block 1 being the point of inter-
section of the east line of said block with the southwesterly'
line thereof; thence north along the east line of said Block ;I.,
149.98 feet, thence west along a line parallel to the north line
of said Block 1 a distance of 154..50 feet to the point of beginning;
thence continuing west along last described line, 97.44 feet to
its intersection with a line parallel to and 141 feet northeasterly'
of the southwesterly' line of said Block 1; thence southeasterly'
along said line parallel to and 141 feet northeasterly' of the
southwesterly' line of said Block 1 to a line drawn at right[ angles
to the north line of said Block 1 through the point of beginning;
thence north along said right angle line to the point of beginning,
all in Cook County, illinois.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES
OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION 1: That a sale of the property described in Section 2 hereof
be and the same is hereby' directed to be made under tems 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 2: That the Clerk of the Village of Mount Prospect be
and she is hereby' directed to cause a public notice advertising for bids
for such property' to be published once each week for three successive
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weeks in the Mount Prospect Herald, and said notice shall be in sub-
stantially' the following fonn:
"PUBLIC NOTICE OF ADVERTISEMENT FOR BIDS ON SALE OF VILLAGE PROPERTY
Public notice is hereby given that pursuant to the provisions of Ill.
Rev. Stat. (1959), Ch. 24, Art. 59, and in accord with Ordinance No. 768
duly' adopted July' 18, 1961, by' the corporate authorities of the Village of
MOl:lIlt Prospect, Cook County, Illinois, sealed bids for the purchase of the
unimproved real estate legally' described as follows:
That part of Block 1 in Busse and Wille's Resubdi nsion in the west !
of Section 12, Township 41 North, Range 11 East of the Third Principal Meridian
described as follows:
Commencing at a point in the east line of said Blockl, 165,59 feet
north of the southeast corner of said Block 1, said southeast corner of
said Block 1 being the point of intersection of the east line of said
block with the southwesterly' line thereof; thence north along the east
line of said Block 1, 149.98 feet, thence west along a line parallel to
the north line of said Block 1 a distance of 154.50 feet to the point of
beginning; thence continuing west along last described line, 97.44 feet
to its intersection with a line parallel to the 141 feet northeasterly'
of the southwesterly' line of said Block 1; thence southeasterly' along
said line parallel to the 141 feet northeastly mf the southwesterly line
of said Block 1 to a line drawn at right angles to the north line of
said Block 1 through the point of beginning; thence north along said right
angle line to the point of beginning, all in Cook County', illinois,
will be received at the office of the Village Clerk, Village of Mount Prospect,
Village Hall, 112 East Northwest Highway, Mount Prospect, Illinois, until
8:00 P.M. on August 15, 1961, and that all said sealed bids so received
shall thereupon be opened at a regular meeting of the Village Board of the
Village of Mount Prospect at its regular meeting place, 112 East Northwest
Highway', Mount Prospect, Illinois, at 8:00 P.M. on August 15, 1961.
All bids must be accompanied by' a cashier's or certified check
made payable to the Treasurer of the Village of Mount Prospect in the
sum of at least 10 per cent of the bid as a guarantee of good faith and
for security for the performance of such bid, and as liquidated damages
to the Village in case a successful bidder fails to tender to the Village
the consideration specified in the bid within 30 day's after said bid is
accepterl..
The Corporate authorities of the Village of Mount Prospect will
furnish a warranty' deed with good and merchantable title.
The corporate authorities of the Village of Mount Prospect reserve
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the right to reject any' or all bids and to waive informalities in the
bids and bidding. No bid shall be withdrawn after the opening of bids
for a period of 30 days from the date of bid opening wi. thout the consent
of such corporate authorities, The making of any' award is in the des-
cretion of said corporate authorities.
By' order of the Village Board of the Village of Mount Prospect.
Dated this 19th day' of July', 1961
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"Village Clerkll
SECTION 3: That bids received in response to said advertisements
for bids shall be opened at the regular meeting of the President and Board
of Trustees of the Village of Mount Prospect in the Village Hall in the
Village of Mount Prospect on the 15th day' of August, 1961, at the hour
of 8:00 P.M.
SECTION 4:
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 war:ranty' deed with a good and merchantable title.
SECTION 5:
That this Ordinance shall take effect from and after
its passage and adoption as provided by law.
PASSED THIS 18th day' of July, 1961
Approved this 18th day' of July', 1961
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Village Clerk
Village President