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HomeMy WebLinkAboutOrdinance #1566. '` ORDINANCE NO. 1566 AN ORDINANCE PROVIDING FOR THE MANNER OF SALE OF CERTAIN REAL PROPERTY OWNED BY THE CITY OF CANTON, FULTON COUNTY, ILLINOIS. WHEREAS, the City of Canton has become the owner of record of a certain parcel of real property hereinafter described; and, WHEREAS, the Canton City Council has determined that the real property hereinafter described is no longer necessary, appropriate, required for the use of, profitable to, or for the best interest of the City of Canton. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CANTON, FULTON COUNTY, ILLINOIS AS FOLLOWS: 1. That the real property presently owned by the City of Canton, being located and legally described as follows, to-wit: Lot 11 in Keeling and Bilby's Addition to the Town, now City of Canton, s situated in Fulton County, Illinois, also part of the Northeast Quarter of Section 27, Township 7 North, Range 4 East of the Fourth Principal Meridian, described as follows: Beginning at the Northeast corner of Lot 11 in Keeling and Bilby's Addition to the Town now City of Canton, running thence North 33 feet, thence West 50 feet, thence South 33 feet to the Northwest corner of said Lot 11, thence East along the North line of said Lot to the place of beginning, situated in Fulton County, Illinois, all situated in the City of Canton, County of Fulton and State of Illinois. AKA: 123 E. Olive, Canton, Illinois 61520 2. That public notice of the foregoing proposed sale shall be as by law made and provided. 3. That the use of the foregoing parcel of real estate is determined by reference to the City of Canton's zoning ordinance and map, as the same maybe from time to time amended. 4. Conveyance of title to any successful bidder shall be by a quit-claim deed. 5. The City of Canton shall show merchantable title to any successful bidder by a commitment to insure title in the amount of the purchase price, followed by a title insurance policy after closing of the transaction. An appraisal of the property is on file for i prospective purchasers at the Officer of the Mayor, 210 East Chestnut, Canton, Illinois 61520. 6. The City of Canton reserves the right to reject any and all bids and with respect to the foregoing parcels of real property. 7. Bids shall be submitted to the City Clerk, City Building, 210 East Chestnut Street, Canton, Illinois 61520, on or before 5:00 o'clock p.m. local time, on November 25, 1997. Late bids will not be considered. All bids submitted shall be opened before the Canton City Council Mechanical Committee at it's regular meeting of November 25, 1997. 8. That this Ordinance shall be in full force and effect immediately upon its passage by the City Council of the City of Canton, Fulton County, Illinois and approved by the Mayor thereof. PASSED by the City Council of the City of Canton, Fulton County, Illinois at a regular meeting this 4th day of November , 1997. AYES: ~-~~~ Shores, May, Nidiffer, Meade, Sarff, Phillips, Hartford. NAYS: None. A&SENT: Alderman Molleck. APP VED: ~~~~ Donald E. Edwards, Mayor ATTE6T: Nan y White City Clerk LEGAL NOTICE INVITATION FOR BIDS Public Notice is hereby given as folllows: The City of Canton is the owner of the following real property and legally described as: Lot 11 in Keeling and Bilby's Addition to the Town, now City of Canton a situated in Fulton County, Illinois, also part of the Northeast Quarter of Section 27, Township 7 North, Range 4 East of the Fourth Principal Meridian, described as follows: Beginning at the Northeast corner of Lot 11 in Keeling and Bilby's Addition to the Town now the City of Canton, running thence North 33 feet, thence West 50 feet, thence South 33 feet to the Northwest corner of said Lot 1 1, thence East along the North line of said Lot to the place of beginning, situated in Fulton County, Illinois, all situated in the City of Canton, County of Fulton and State of Illinois. AKA: 123 E. Olive, Canton, Illinois 61520 The City of Canton invites written bids and proposals for the development of said properties as listed above. The appraised fair market value has been set as the minimum bid accepted for the properties as follows: Lot 11 in Keeling and Bilby's Addition plus the additional 35 feet, as above: Three Thousand Five Hundred Dollars ($3500.00). Appraisal available for inspection at the Office of the Mayor. All written proposals must be delivered to the City Clerk of the City of Canton at 210 East Chestnut, Canton, Illinois, no later than S:OOpm, Tuesday November 25, 1997. Bids will be opened at the regular Mechanical Committee meeting of November 25, 1997. Nancy Whites City Clerk„ City of Canton, Illinois Instructions to publisher: Publish under Legal Notices November 7, November 14, and November 21, 1997. Send certification (tear sheet) of publications and bill to Community Development Department, City Building, 210 E. Chestnut, Canton, Illinois 61520..