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HomeMy WebLinkAboutOrdinance #1612ORDINANCE NO. 1612 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 certain parcels 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 COITNCII. 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 #70 in Barnes and Jones Addition to the City of Canton, situated in the County of Fulton and State of Illinois. be let for the sale of such property under the direction of the Department of Community Development, City of Canton, by and with the advice of the City Attorney, and in the conformity with the laws of the State of Illinois and the Ordinances of the City of Canton thereto appertaining. 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 may be from time to time amended. 4. Conveyance of title to any successful bidder shall be by aquit-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. 6. The City of Canton reserves the right to reject any and all bids and with respect to the foregoing parcel 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 January 12, 1999. Late bids will not be considered. All bids submitted shall be opened before the Canton City Council Clerical Committee at its regular meeting of January 12, 1999. 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 15th. day of December 1998 AYES: Al.derms~l Shores, May, Nidiffer, Sarff, Molleck, Hartford. NAYS: None , ABSENT: Aldermen Meade, Phillips. APPROVED: ~~ Donald E. Edwards, Mayor ATTEST: an ~y Whites, ity Clerk