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HomeMy WebLinkAboutResolution # 3821 - sale of surplus real estate located at 102 east elm_.;. RESOLUTION NO. 3821 RESOLUTION CONCERNING SALE OF SURPLUS REAL ESTATE LOCATED AT 102 EAST ELM STREET, CANTON (65 ILLS 5/11-76-2) WHEREAS, the City of Canton has acquired fee simple title to a vacant parcel of real estate commonly known as 102 East Elm Street, Canton, legally described hereinafter; and WHEREAS, the City Council of the City of Canton determined that it is no longer necessary, appropriate, or in the best interest of the City of Canton that it retain title to said real estate, and that said real estate is not required for the use of, or profitable to, the Municipality; and WHEREAS, pursuant to Section 11-76-2 of the Illinois Municipal Code (65 ILCS 5/11- 76-2) notice was been given of the proposal to sell such real estate and bids were invited for the purchase of such real estate, said notice having first been published on September 23, 2006, and having been published for three successive weeks in The Daily Ledger, a daily newspaper published in the municipality; and WHEREAS, pursuant to said notice, bids were opened at the Legal and Ordinance Committee meeting of the City Council held on October 10, 2006; and WHEREAS, the following bids for the purchase of said property were received; BIDDER AMOUNT DENNIS CRAWFORD $100.00 WHEREAS, the City Council determined that the best interests of the City of Canton and its residents were served by accepting the bid submitted by DENNIS CRAWFORD and as evidence thereof, the City Council passed Ordinance #1887 (Ordinance -Authorizing the Sale of Municipally Owned Real Property Located at 102 East Elm Street, Canton, Illinois) on November 7, 2006; and WHEREAS, Ordinance #1887 directed the sale of the aforesaid real estate to DENNIS CRAWFORD for the amount bid of $100.00, contingent upon the City of Canton and DENNIS CRAWFORD executing a Development Agreement within sixty (60) days of the effective date of the ordinance with said agreement containing commercially reasonable and usual and customary terms for similar development agreements between developers and municipalities; and WHEREAS, DENNIS CRAWFORD was unable to procure all necessary information to enter into a Development Agreement by January 7, 2007. Y WHEREAS, the City Council determined that the best interests of the City of Canton and its residents were served by passing Resolution No. 3782 (A Resolution Concerning Sale of Surplus Real Estate Located at 102 East Elm Street, Canton (65 ILCS 5/1-76-2)) on January 16, 2007 extending the deadline for the sale to February 7, 2007. WHEREAS, DENNIS CRAWFORD was unable to procure all necessary information to enter into a Development Agreement as of February 7, 2007 and has been unable to procure all necessary information to enter into a Development Agreement as of the date of this Resolution; and NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF CANTON, ILLINOIS, AS FOLLOWS: SECTION ONE: The City Council finds as facts the recitals hereinabove set forth. SECTION TWO: The deadline referenced in Ordinance #1887 and Resolution #3782 is hereby extended to September 22, 2007. PASSED by the City Council of the City of Canton, Illinois this 21st day of August, 2007. AYES: Aldermen Lewis, Strariberg, Meade, West, Sarff, Berardi, Schenck. NAYS: None . ABSENT: Alde~nan Nidiffer , ATTEST: ; .~ Nancy White ,City Clerk 2