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O-683-91 01/28/91VILLAGE OF LEMONT ORDINANCE NO. 683 AN ORDINANCE AUTHORIZING THE SALE OF MUNICIPALLY OWNED REAL ESTATE ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT This 28th day of January, 1991. Published in pamphlet form by authority of the President and Board of Trustees of the Village of Lemont, Cook County, Illinois, this 28th day of January, 1991. ORDINANCE NO. 683 ORDINANCE AUTHORIZING THE SALE OF MUNICIPALLY OWNED REAL ESTATE WHEREAS, the VILLAGE OF LEMONT owns the following described real property: All that part of Lot 11 in Block 1 in Constant Springs Addition to Village of Lemont described as follows: Beginning at a point on the North line of said Lot, 100 feet Westerly from the North East corner of said lot measured along said lot line; thence Easterly along said lot line to the North East corner of said lot; thence Southerly along the East line of said Lot 142 feet, more or less to the South East corner of said lot; thence Westerly along the South line of said Lot to a point due South of the Point of Beginning; thence North 142 feet, more or less to the Point of Beginning, all in Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, in Cook County, Illinoi s. WHEREAS, the corporate authorities of the VILLAGE OF LEMONT have determined that it is no longer necessary, appropriate, or in the best interest of the Village of Lemont that it retain title to said real estate, and that it is not required for the use of, or profitable to the VILLAGE OF LEMONT; and WHEREAS, notice has been given of the proposal to sell such real estate and bids have been invited for the purchase of such real estate, said notice having been published in the LEMONT METROPOLITAN, a newspaper published in the municipality. WHEREAS, pursuant to said notice, bids were opened at the regular meeting of the corporate authorities held on January 28, 1991; and WHEREAS, the following bids for the purchase of such property have been received: BIDDER AMOUNT Alvin Drafke $ 7,600.00 Four Winds Chicago $15,000.00 Jewell M. Murray, Trustee of the Jewell M. Murray Trust dated 5 -15 -89 $20,200.00 Michael R. Lippner $21,100.00 WHEREAS, the corporate authorities find and determine that the best interests of the VILLAGE OF LEMONT and its residents will be served by the acceptance of the bid submitted by MICHAEL R. LIPPNER and the sale of the aforesaid real estate to such bidder for the amount bid of TWENTY ONE THOUSAND ONE HUNDRED DOLLARS ($21,100.00) which amount represents the high bid and is found to be in the best interest of the VILLAGE OF LEMONT; NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the VILLAGE OF LEMONT, Cook County, Illinois, as follows: SECTION ONE: The corporate authorities find as facts the recitals hereinabove set forth. SECTION TWO: The bid of MICHAEL R. LIPPNER in the amount of TWENTY ONE THOUSAND ONE HUNDRED DOLLARS ($21,100.00) is hereby accepted by the corporate authorities of the VILLAGE OF LEMONT for the sale of the following described real estate: All that part of Lot 11 in Block 1 in Constant Springs Addition to Village of Lemont described as follows: Beginning at a point on the North line of said Lot, 100 feet westerly from the North East corner of said Lot measured along said lot line; thence Easterly along said lot line to the North East corner of said lot; thence Southerly along the East line of said Lot 142 feet, more or less to the South East corner of said Lot; thence Westerly along the South line of said Lot to a point due South of the Point of Beginning; thence North 142 feet, more or less to the Point of Beginning, all in Section 20, Township 37 North, Range 11 East of the Third Principal Meridian, in Cook County, Illinois. which property is commonly known as the Southeast corner of New Avenue and Brown Drive, Lemont, Illinois. SECTION THREE: The President is hereby authorized and directed to sign and the Village Clerk is hereby authorized and directed to attest a contract for the sale and purchase of the aforesaid real estate, which contract shall be in the form attached hereto as Exhibit A. SECTION FOUR: 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 President is hereby authorized and directed to convey and transfer the aforesaid real estate to MICHAEL R. LIPPNER by a proper deed of conveyance, stating therein the aforesaid consideration, and the Village Clerk is hereby authorized to acknowledge and attest such deed and to affix thereto the seal of the VILLAGE OF LEMONT. SECTION FIVE: The President and the Clerk are hereby authorized, respectively, to execute and attest such other documents as may be necessary to the conveyance herein authorized. SECTION SIX: 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 THIS 28TH DAY OF JANUARY, 1991. AYES NAYS PASSED ABSENT Richard Kwasneski Kenneth S. Bromberek Barbara Buschman William Margalus Charles Skopec Bert Ercoli Joseph S. Forzley Approved by me this 28th day of January, 19 Attest: HARLENE SMOLLEN, Village Clerk CHARLENE SMOL EN, Village Clerk