HomeMy WebLinkAbout95-222 Resolution No. 95-222
RESOLUTION
AUTHORIZING PUBLICATION OF NOTICE OF SALE OF SURPLUS PROPERTY
(281 Villa Place)
WHEREAS, the City of Elgin, a municipal corporation, is
the owner of the following described real property:
The Northeasterly 2 feet of even width of Lot 7
and all of Lot 8 of Fisk' s Subdivision being a
subdivision of part of Out Lots 17 and 18 of J.T.
Gifford' s Addition to Elgin, and part of Lot 4 in
Block 4 of Railroad Addition to Elgin, in the City
of Elgin, Kane County, Illinois .
which property is generally located at 281 Villa Place, Elgin,
Kane County, Illinois; and
WHEREAS, the City Council hereby determines that it is no
longer necessary, appropriate or in the best interest of the
City of Elgin that it retain title to said real estate and
that said real estate is not required for the use of or
profitable to the City of Elgin; and
WHEREAS, Section 11-76-2 of the Illinois Municipal Code
authorizes the corporate authorities of a city to sell real
property which is no longer necessary or useful to the
municipality.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ELGIN, ILLINOIS, that the City Clerk be and is hereby
authorized and directed to cause a notice of the proposed sale
of the above described property to be published in the Daily
Courier-News for three ( 3) consecutive weeks . Said notice
shall be in substantially the following form:
"NOTICE OF SALE OF PROPERTY OWNED BY THE
CITY OF ELGIN AND INVITATION TO BID THEREON
Please take notice that the City Council of the
City of Elgin will receive sealed bids for the
purchase, under the successful bid, of the fee
simple interest in the following described real
property:
The Northeasterly 2 feet of even width of Lot 7
and all of Lot 8 of Fisk' s Subdivision being a
subdivision of part of Out Lots 17 and 18 of J.T.
Gifford' s Addition to Elgin, and part of Lot 4 in
Block 4 of Railroad Addition to Elgin, in the City
of Elgin, Kane County, Illinois.
which property is generally located at 281 Villa
Place, Elgin, Kane County, Illinois .
Bids for the purchase of the aforesaid interest
in the above described property are hereby invited
and will be received by the City Clerk at the
Municipal Building, 150 Dexter Court, Elgin,
Illinois 60120-5555 between the hours of 8 : 00 a.m.
and 5 : 00 p.m. until 5: 00 p.m. on the date specified
below for the opening of bids . Said property shall
be addressed to:
City Council, City of Elgin
c/o City Clerk
150 Dexter Court
Elgin, IL 60120-5555
and shall bear the legend 'PROPOSAL-SALE OF
281 VILLA PLACE ' and state the name and address of
the bidder.
All bids received will be publicly opened and
read aloud at the regular meeting of the City
Council of the City of Elgin at 8 : 00 p.m. on
December 20, 1995 . No bid less than $35,000 shall
be accepted.
A contract may be awarded to the highest bidder
whose bid is found to be in the best interest of the
City of Elgin. The City Council reserves the right
to reject any and all bids and to waive any
information or irregularities in the bidding. The
City Council further reserves the right to review
and study any and all bids and to make a contract
awarded within thirty ( 30) days after the bids have
been opened and publicly read.
Copies of the bidding document may be obtained
at the Office of the City Clerk.
City Clerk"
s/ Kevin Kelly
Kevin Kelly, Mayor
Presented: October 25, 1995
Adopted: October 25, 1995
Omnibus Vote: Yeas 7 Nays 0
Attest:
s/ Dolonna Mecum
Dolonna Mecum, City Clerk