HomeMy WebLinkAboutOrdinance #0625~~'
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ORDINANCE N0. ~oZJ°
AN ORDINANCE AUTHORIZING THE SALE OF REAL PROPERTY OWNED BY THE CITY
OF CANTON, ILLINOIS WHICH PROPERTY IS GENERALLY LOCATED IN SECTION
FOUR (4) OF BUCKHEART TOWNSHIP, FULTON COUNTY, ILLINOIS.
WHEREAS, the City of Canton owns the following described real
property:
The Northeast Quarter of Section Four, Township
Six North, Range Four east of the Fourth Principal
Meridian;
and
Beginning at a point forty (40) rods south of the
Northeast corner of the Northwest Quarter of Section
Four, running thence West eighteen (18) rods, thence
South Fifty-four (54) rods, thence East eighteen (18)
rods, thence North fifty-four (54) rods to the place
of beginning, in Township Six North, Range Four East
of the Fourth Principal Meridian;
All of the above situate, lying and being in Buckheart
Township, Fulton County, Illinois,
which property is generally located in Section Four (4) of Buckheart
Township, Fulton County, Illinois and is currently used for farming
purposes; and
WHEREAS, the corporate authorities of the City of Canton have
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determined that it is no longer necessary, appropriate, or in the best
interest of the City that it retain title to said real property, and that
said real property is not required for the use of, or profitable to the
City; and
WHEREAS, pursuant to Section 11-76-2 of the Illinois Municipal Code,
Illinois Revised Statutes, Chapter 24, Section 11-76-2, notice has been
given of the proposal to sell such real property and bids have been invited
for the purchase of such real property, said notice having first been
published on October 12, 1977, and having been published for three successive
weeks in the Canton Daily Ledger, a newspaper published in the City of Canton;
and
WHEREAS, pursuant to said notice, bids were opened at the regular
meeting of the corporate authorities held on November 15, 1977; and
WHEREAS, the following bids for the purchase of such property have
been received:
BIDDER
Patrick E. Favhee
AMOUNT
$ 72,500.00
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and
WHEREAS, the corporate authorities find and determine that the
best interests of the City and its residents will be served by the
acceptance of the bid submitted by Patrick E. Fayhee and the sale of the
aforesaid real property to such bidder for the amount bid of seventy-two
thousand five hundred dollars ($72,500.00) which amount represents the
high bid;
NOW, THEREFORE, BE IT ORDAINED BY THE CORPORATE AUTHORITIES OF THE
CITY OF CANTON, ILLINOIS, AS FOLLOWS:
1. The corporate authorities find as facts the recitals hereinabove
set forth.
2. The bid of Patrick E. Fayhee in the amount of seventy-two thousand
five hundred dollars ($72,500.00) is hereby accepted by the corporate
authorities of the City of Canton for the sale of the following described
real property:
The Northeast Quarter of Section Four, Township
Six North, Range Four east of the Fourth Principal
Meridian;
and
Beginning at a point forty (40) rods south of the
Northeast corner of the Northwest Quarter of Section
Four, running thence West eighteen (18) rods, thence
South Fifty-four (54) rods, thence East eighteen (18)
rods, thence North fifty-four (54) rods to the place
of beginning, in Township Six North, Range Four East
of the Fourth Principal Meridian;
All of the above situate, lying and being in Buckheart
Township, Fulton County, Illinois.
3. The Mayor of the City of Canton is hereby authorized and directed
to sign and the City Clerk is hereby authorized and directed to attest a
contract for the sale and purchase of the aforesaid real property, which
contract shall be in the form attached hereto as Exhibit A.
4. Upon satisfaction of the terms of the aforesaid contract and upon
the payment or securing of the aforesaid bid price in the manner provided
in said contract, the Mayor of the City of Canton is hereby authorized and
directed to convey and transfer the aforesaid real property to Patrick E.
Fayhee and Judith A. Fayhee, husband and wife, in joint tenancy and not in
tenancy in common by a proper deed of conveyance, stating therein the afore-
said consideration, and the City Clerk is hereby authorized to acknowledge
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and attest such deed and to affix thereto the seal of the City of Canton.
5. The Mayor and the Clerk of the City of Canton are hereby authorized,
respectively, to execute and attest such other documents as may be necessary
to the conveyance herein authorized.
6. This Ordinance shall be in full force and effect from and after
its passage by a vote of at least three-fourths of the corporate authorities
now holding office, and approval in the manner provided by law.
PASSED by a vote of at least three-fourths of the corporate authori-
ties of the City of Canton, Illinois now holding office, and APPROVED by
the Mayor thereof this ~ ~ day of ~ , 1978.
APPROVED : %~ .~-~~YOR
HARLAN E. CROUCH
ATTEST: _-/~~'. ~~,1~°'.!'LCTY CLERK
NANCY WHITES
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STATE OF ILLINOIS )
SS
COUNTY OF FULTON )
I, Nancy Whites, City Clerk of the City of Canton, in '.the
County of Fulton, and Stake of Illinois, do hereby certify that
as the City Cle~kof the City of Canton, I am the keeper cf
records, minutes, ordinances and other 'books, records and
papers of said City, and that the foregoing is a true and
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correct copy of the Ordinance # 625 adopted by the City
' Council of said City and approved bpr the Mayor on the 3rd
day of Janua~w 1978.
WITNESS my hand and the Corporate Seal of the City of
Canton, Illinois this lath day of ~ 1978.
CITY CLERK
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