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Resolution 2012-25 Resolution No. 2012- � 5— A RESOLUTION AUTHORIZING AN ALTERNATIVE METHOD OF SALE OF SURPLUS PROPERTY OWNED BY THE UNITED CITY OF YORKVILLE (201 West Hydraulic Avenue) Whereas, the United City of Yorkville(the "City") is a duly organized and validly existing non home-rule municipality created in accordance with the Constitution of the State of Illinois of 1970 and the laws of the State; and, Whereas, the surplus property of the City legally described as: The Westerly 49 feet, 9 3/ inches of Lot 1 (Measured along the South line) and the Easterly 50 feet, 2.25 inches of Lot 2 (Measured along the South line) in Block 8 of Blacks Addition to the Village of Yorkville, in the Village of Yorkville, Kendall County, Illinois (the "Subject Property") and commonly known as 201 West Hydraulic Avenue was the former United States Post Office. The Subject Property is zoned in the B-2 General Business District which permits commercial and office uses and is improved with a building of approximately 4,200 square feet; and, Whereas, pursuant to section 11-76-2 of the Illinois Municipal Code (65 ILCS 11-76-2) the City adopted an ordinance seeking bids for the sale of the Subject Property and received no bids for the purchase of the Subject Property; and, Whereas, The City desires to sell the Subject Property pursuant to Section 11-76- 4.2 of the Illinois Municipal Code (65 ILCS 11-76-4.2) by the City Administrator or its listing with a local licensed real estate agency; and, Whereas, The City meets the requirements of Section 11-76-4.2 to be able to use this alternative method for the sale of surplus property. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. That the sale of the Subject Property is hereby authorized to be pursuant to Section 11-76-4.2 of the Illinois Municipal Code by the City Administrator or the listing of the Subject Property with a local licensed real estate agency subject to the terms of this Resolution. Section 2. The terms of the sale shall include the future plans for redevelopment and the time to commence and complete its redevelopment. The City Council may accept any offer or bid determined by them to be in the best interest of the City by a vote of three-fourths of the corporate authorities then holding office. No sale shall be conducted until at least 30 days after the date of the first publication. Resolution No. 2012- a!5 Page 1 Section 3. This Resolution shall be in full force and effect upon its passage and approval as provided by law including its publication in a local newspaper once each week for three successive weeks. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this day of GIV ��/ , A.D. 2012. CITY CLERK ROSE ANN SPEARS DIANE TEELING KEN KOCH � JACKIE MILSCHEWSKI CARLO COLOSIMO Sf! MARTY MUNNS T CHRIS FUNKHOUSER LARRY KOT Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this /1 day of GC7-08ER2 2012. MA Resolution No. 2012- Page 2