HomeMy WebLinkAboutOrdinance #1518
ORDINANCE NO. 1518
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:
Lots Number 57, 58 and 61 in Barnes and Jones Addition to the City
of Canton, situated in the bounty 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 advise 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 each 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.
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 parcels 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 October 22,
1996. Late bids will not be considered. All bids submitted shall be opened before the
Canton City Council Mechanical Committee at its regular meeting of October 22, 1996.
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 1st day of October , 1996.
AYES: Aldermen Shores, l~?eade, Nidiffer, Phillips, Sarff,
Hartford, Molleck,
NAYS: None .
ABSENT: Alderman May .
APPROVED:
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Donald E. Edwards, Mayor
ATTEST:
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Nancy White City Clerk
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LEGAL NOTICE
INVITATION FOR BIDS
Public Notice is hereby given as follows: The City of Canton is the owner of the following
real property and legally described as:
Lot Number 57 in Barnes and Jones Addition to the City of Canton, situated in
the County of Fulton and State of Illinois.
Lot Number 58 in Barnes and Jones Addition to the City of Canton, situated in the
County of Fulton and State of Illinois.
Lot Number 61 in Barnes and Jones Addition to the City of Canton, situated in the
County of Fulton and State of Illinois.
The City of Canton invites written bids and proposals for the development of said
properties as listed above. The appraised fair market value has been set as the minimum
bid accepted for the properties as follows: Lot #57: Twenty One Hundred Dollars
($2100), Lot #58: Sixteen Hundred Dollars ($1600), Lot 61: Sixteen Hundred Dollars
($1600). All written proposals must be delivered to the City Clerk of the City of Canton
at 210 East Chestnut Street, Canton, Illinois, no later than 5:00 p.m., Tuesday, November
5. 1996. Bids will be opened at the regular City Council Meeting of November 5, 1996.
Nancy Whites
City of Clerk, City of Canton, Illinois
Instructions to Publisher: Publish under Legal Notices October 11, October 18,
and October 25,1996.
4Pnrl certification (tear sheet) of publication and bill to Community Development
T~Plart,,,Pr,t~y Building, 2~ 0 E Chestnut Street, Canton, Illinois 61520