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HomeMy WebLinkAboutOrdinance #1227,. ORDINANCE NO. i~~~ 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 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: PARCEL NUMBER ONE: Legal Description: Lot Number Sixty-eight (68) in Barnes and Jones' Addition to the City of Canton, Fulton County, Illinois. Common Address: 559 East Elm Street/10 North Sixth Avenue Canton, 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. Z. That public notice of the foregoing proposed sale shall be as by law made and provided. 3. That the use of each of the foregoing parcel of real estate has been residential in nature and that the present use of the aforesaid parcel is as 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 only be by a quit-claim deed. 5. The City of Canton shall show merchantable title to any successful bidder by either, in the City of Canton's sole discretion, abstract of title or a commitment to insure title in the amount of the purchase price. 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 January 17, 1989 at 5:00 o'clock P.M. local time. Late bids will not be considered. All bids submitted shall be opened before the Canton City Council at its regular meeting of January 17, 1989. 8. That this Ordinance shall be in full force and effect immediately upon tis passage by the CIty Council of the City of Canton, Fulton County, Illinois and approval 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 January ~ 1989 , upon a roll call vote as follows: AYES: Aldermen Chapman, May, Bohler, P,~eade, Sarff, Steck, Zilly, Kovachevich. NAYS: None. ABSENT: None. APPROVED: ~--~~~~ Donald E. Edwards, Mayor ATTEST: Nancy Whit s, City Clerk.