HomeMy WebLinkAboutOrdinance #1667i
ORDINANCE NO. 1667
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 is the owner of record of a certain parcel of real
property hereinafter legally described and commonly known as the city comfort station;
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; and,
WHEREAS, the unemployment rate for Fulton County, Illinois as determined by
the Illinois Department of Employment Security has been higher than the national
average as determined by the U.S. Department of Labor for the past six months; and,
WHEREAS, the population of the City of Canton is less than 20,000; and,
WHEREAS, Illinois Statutes, specifically 65 ILCS 5/11-76-4.2, provides for sale
of surplus real estate in such a situation by auction with the general public.
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:
North 36.75' of the South 102.25' of Lot 106 in Original Town of
Canton, Fulton County, Illinois,
Common address: 116 North Main Street, Canton, Illinois
Be let for the sale of such property at public auction in 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 parcels 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. This property is zoned B-3, Central Business District.
4. Conveyance of title to any successful bidder shall be by aquit-claim deed.
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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 with respect to
the foregoing parcel of real estate and establishes a minimum price for said property of
$35,000.00.
7. The auction shall be conducted at 116 North Main Street, Canton, Illinois at
10:00 a.m. on Wednesday, October 25, 2000.
8. Notice shall be published three times with the first publication not less than 30
days before October 25, 2000.
9. 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 19th day of September , 2000.
AYES: A1-dermen Molleck, Sarff, Phillips , Nidiffer, Meade,
Shores , r~.y.
NAYS: None.
ABSENT: Alderman Hartford.
APPROVED:
~~
Donald E. dwards, Mayor
Attest:
Nancy ' es, City Clerk