Village of Malta

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PUBLIC NOTICE VILLAGE OF MALTA 

ACCEPTING BIDS

The Village of Malta will accept sealed bids for the below real estate property index number 07-23-157-002 at the Village Hall, 302 s. Second Street, Malta Illinois during regular business hours until March 13, 2019 at 3:00 p.m.   All bids must be submitted in a sealed envelope to be opened at the 7 p.m. March 13, 2019 Board Meeting.   Bids must include the bid amount, PIN number 07-23-157-002 and signature of the bidding party.  Envelope must be marked clearly BID with Bidders name, address and telephone number printed on the outside of the envelope.  Contact Debbie Lang, Comptroller 815-981-3039 with any questions.  THIS IS AN UNBUILDABLE PARCEL OF LAND.  

Resolution No. 2019-01

WHEREAS, pursuant to the Illinois Municipal Code, 65 ILCS 5/11-76-4.1, Sale of Surplus Real Estate (the “Act”), the corporate authorities of a municipality, by resolution, may authorize the sale of surplus public real estate; and

WHEREAS, the Village of Malta has determined that certain property commonly known as 207 E. Jefferson Street, within the Village of Malta, is “surplus” and no longer necessary, useful or in the best interests of the Village to own (the legal description of the parcel being set forth in Exhibit “A” attached to this ordinance); and

WHEREAS, the Village obtained an appraisal of the property by a duly licensed real estate appraiser; and

WHEREAS, such sale of surplus property may be conducted through municipal staff, by listing with a local licensed real estate agency, or through public auction by sealed bid; and

WHEREAS, the Act requires that this Resolution be published at the first opportunity following its passage in a newspaper published in the county where the municipality is located; and

WHEREAS, 207 E. Jefferson Street is a vacant lot with dimensions of 37 feet by 69+/- feet, is zoned R-2, and identified by PIN 07-23-157-002; and

WHEREAS, the corporate authorities may accept any contract proposal determined by them to be in the best interests of the municipality by a vote of two-thirds of the corporate authorities then holding office, but in no event to be less than 80 percent of the appraised value.

BE IT RESOLVED by the Village Board of Trustees of the Village of Malta, Illinois as follows:

1. That the Village of Malta authorizes the sale of surplus public real estate depicted by the legal description set forth in Exhibit “A” attached hereto. In the event that the Village chooses to engage a local licensed real estate agency to sell the property, the real estate commission to be paid shall not exceed 5%.

1. That this Resolution shall be published pursuant to the applicable statutory provisions.

1. That upon such publication as provided by the Act, the corporate authorities of the Village of Malta may review and choose to accept any contract proposal determined by them to be in the best interest of the Village of Malta by a vote of two-thirds of the corporate authorities then holding office, but in no event at a price less than 80 percent of the appraised value.

PASSED BY THE VILLAGE BOARD OF TRUSTEES ON THIS _27th__ DAY OF ___February__________, 2019, pursuant to roll call vote as follows:

_______Robert Iversen _________________________________

Robert Iverson, Village President

Attest:

__Mary Johansen________________________________

Mary Johansen, Village Clerk