O-18-11 Ord Setting Purchase Price for Real EstateVILLAGE OF LEMONT
ORDINANCE NO. 0 —he- //
AN ORDINANCE
SETTING PURCHASE PRICE FOR REAL ESTATE
ADOPTED BY THE
PRESIDENT AND THE BOARD OF TRUSTEES
OF THE VILLAGE OF LEMONT
THIS 14th DAY OF FEBRUARY , 2011
Published in pamphlet form by
Authority of the President and
Board of Trustees of the Village of
Lemont, Counties of Cook, Will and
DuPage, Illinois, this 14t" day of February, 2011.
Ordinance no. 2011 -0-
AN ORDINANCE
SETTING PURCHASE PRICE FOR REAL ESTATE
WHEREAS, the Village of Lemont has previously approved acquisition of
certain real estate (Parcel OH 60004 — legal description attached) for the purpose of
improving public roadways within the corporate limits; and,
WHEREAS, this property will be acquired by the Village but transferred to and
be under the jurisdiction of the Illinois Department of Transportation (IDOT); and
WHEREAS, the Village obtained an appraisal for Parcel OH 60004 which
determined that the property had a highest and best use as residential and offered the
appraised amount of $21,000 to the owner; and
WHEREAS, the owner has obtained an appraisal which determined that the
property had a highest and best use as commercial and proposed a purchase price of
$41,100; and
WHEREAS, the parties have negotiated a purchase price of $35,000 for
Parcel OH 60004 based upon the varying opinions of highest and best use and the fact
that Parcel OH 60004 is currently zoned commercial and the potential use as residential
would require rezoning and other land use approvals.
NOW, THEREFORE, BE IT ORDAINED by the President and Board of
Trustees of the Village of Lemont, Illinois, as Follows:
SECTION 1: The Recitals set forth above are incorporated into and made a part
of this Ordinance.
SECTION 2: The Mayor and Village Board hereby determine that $35,000 is
approved as just compensation for Parcel OH 60004 and the Village Administrator and
staff are authorized to offer and complete this acquisition for such amount.
SECTION 3. That the Village Clerk of the Village of Lemont be and is directed
hereby to publish this Ordinance in pamphlet form, pursuant to the Statutes of the State of
Illinois, made and provided.
SECTION 4: Should any Section or provision of this Ordinance be declared by
a Court of competent jurisdiction to be invalid, such decision shall not affect the validity
of the Ordinance as a whole or any part thereof other than the part declared to be invalid_
SECTION 5: This ordinance shall be in full force and effect from and after its
passage, approval and publication as provided by law.
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PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF LEMONT, COUNTIES OF COOK, WILL,
AND DUPAGE, LLINOIS, on this 14th day of February , 2011.
PRESIDENT AND VILLAGE BOARD MEMBERS:
Debby Blatzer
Paul Chialdikas
Clifford Miklos
Ronald Stapleton
Rick Sniegowski
Jeanette Virgilio
ATTEST:
AYES: NAYS: ABSENT: ABSTAIN
V
v
v
CHARLENE M. SMOLLEN
Village Clerk
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BRIAN . REAVES
President
Route: Village of Lemont/McCarthy Road
Section: 02- 00055 -00 -WR
County: Cook
Job No.: R -90- 015 -10
Parcel: OH60004
Station: 296 +65.84 to 300 +39.73
Owner: John Ratkovich and Gilda Ratkovich
Index No.: 22 -27- 300 -020 and 22-27-300-039
That part of Lot 21 in the County Clerk's Division of Section 27, Township 37 North, Range 11,
East of the Third Principal Meridian, according to the plat recorded April 30, 1880 as document
number 269444, described as follows:
Commencing at the Northwest comer of Lot 21 in County Clerk's Division of Section 27,
Township 37 North, Range 11 East of the Third Principal Meridian; thence North 87 degrees
51 minutes 28 seconds East (Bearings assumed for description purposes only)on the North line
of the Southwest Quarter of said Section 27, 471.27 feet; thence South 31 degrees 32 minutes
25 seconds East, 37.84 feet to the south apparent right -of -way line of McCarthy Road and the
Point of Beginning; thence, along said right -of -way line, North 87 degrees 51 minutes
28 seconds East, 349.87 feet; thence South 24 degrees 50 minutes 33 seconds East, 14.23 feet;
thence South 87 degrees 51 minutes 28 seconds West, 347.73; thence North 31 degrees
32 minutes 25 seconds West, 14.96 feet to the Point of Beginning.
All lying in Cook County, Illinois
Said parcel containing 0.105 acres, more or less.
Rev. April 14, 2010
Rev. May 14, 2010