HomeMy WebLinkAboutOrd 3581 11/19/1985ORDINANCE NO.3581
AN ORDINANCE TO AMEND SECTION 8.514
ENTITLED "PROCEDURES FOR THE SALE'OF
VILLAGE OWNED REAL ESTATE" OF CHAPTER
8, ARTICLE V OF THE VILLAGE CODE OF
MOUNT PROSPECT~ ILLINOIS
PASSED AND APPROVED BY
THE PRESIDENT'AND BOARD OF TRUSTEES
THE 19th DAY OF November , 1985.
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois, the
20th day of November
, 1985.
RDINANCE NO. 3581
AN ORDINANCE TO AMEND SECTION 8.514
ENTITLED "PROCEDURES FOR THE SALE OF
VILLAGE OWNED REAL ESTATE" OF CHAPTER
8, ARTICLE V OF THE VILLAGE CODE OF
MOUNT PROSPECT~ ILLINOIS
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: Section 8.514 entitled "Procedures for the Sale of
Village Owned Real Estate" of Chapter 8, Article V of the Village
Code of Mount Prospect, Illinois (1981) is hereby amended by
adding to said Section the following paragraph to read:
"The President and Board of Trustees of the
Village may direct that said real property
be sold by a sale to be conducted by the
staff of the municipality, by open or closed
bidding; or by sale at public or private
auction to be conducted by a certified
auctioneer; or by engaging the services of
a local licensed real estate agency to list
such property for sale; and the President and
Board of Trustees shall establish such
conditions as they may deem advisable or
feasible with respect to submission of any
such Village owned real property for sale."
SECTION TWO: This Ordinance shall be in full force and effect
upon its passage, approval and publication in pamphlet form in
accordance with law.
PASSED AND APPROVED this 19th day of November
, 1985.
AYES: Arthur, Farley, Floros, Murauskis, Wattenberg
NAYS: None
ABSENT: Van Geem
VILLAGE PRESIDENT
ATTEST:
VILLAGE CLERK