Ordinance 1999-21 STATE OF ILLINOIS )
ss
COUNTY OF KENDALL )
ORDINANCE NO. 9 1
ORDINANCE APPROVING SALE OF MUNICIPAL PROPERTY
(Route 47 Vacant Lot)
NOW COMES, the Mayor and City Council of the United City of Yorkville, who are
desirous of selling certain publicly owned real property of the United City of Yorkville; and
WHEREAS,upon careful consideration and deliberation the City Council and Mayor have
determined it to be in the best interest of the United City of Yorkville to sell real property owned by
the City, which is legally described as follows:
Lot 1, North Bridge Street Subdivision in the United City of Yorkville, Kendall
County, Illinois.
and located on the West side of Route 47 in the corporate limits of the United City of Yorkville;and
WHEREAS, the City has commissioned an MAI certified appraiser to perform an appraisal
on the subject real property and that appraisal is an amount sufficient that the offer to purchase said
real property hereinafter referred to consists of at least 80%of the appraised value of said appraisal;
and
WHEREAS,THOMAS O'BRIEN,or Nominee, has submitted an offer to purchase said real
property for the sum of$20,000.00, with no contingencies on said contract, and
WHEREAS, it is the intention of the City Council to enter into the Contract to Sell Real
Estate attached as Exhibit"A"hereto and to convey said real property upon payment of the purchase
price by THOMAS O'BRIEN, or Nominee, to the United City of Yorkville;
NOW THEREFORE the City Council and Mayor of the UNITED CITY OF YORKVILLE
pursuant to 65 ILCS 5/11-76-4.1 are hereby authorized and do agree by a 3/4 vote of the City
Council holding office to sell the subject real property described above to THOMAS O'BRIEN ,
or Nominee, for the sum of$20,000.00, upon the terms and conditions set out in said Contract to
Sell Real Property attached hereto and incorporated herein as Exhibit"A".
This Ordinance has been passed by and approved by the United City of Yorkville City
Council and its designated corporate officers`L ay of v nn� 1999.
PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois this
4f'-day of "'J/\--- , A.D. I
CITY CLERK
� C
BURTON CALLMER S DAVE DOCKSTADER
RICHARD STICKA MIKE ANDERSON
VALERIE BURD ROSE SPEARS
LARRY KOT THOMAS SOWINSKI
f APPROVED by me,as Mayor of the United City of Yorkville,Kendall County,Illinois,this
^. day of , A.D. 192Y
MAYOR
Law Offices of Daniel J. Kramer
I I 07 S. Bridge Street
Yorkville, Illinois 60560
630.5539500
CY',tl:'9a FRI 15:4C FAX KRANO WT OC1
CHICAGO three INSURANCE COMMNr•I W NI)Iw►V M w.•
Real Estate Sales Contract
THOMAS O'BRiEN, or. Nominee (peal go=
an the Ox+rr tae fagdt heldll.the followief dascribtd reel estPu
1 m Ic I seap�a of t.'.olrary,Illinois:
r' I�nited GItY o
$x0,000.00 for the Northernmost single family residential Lot owned
City the United of Yorkvillelton the 4l y of Yorkville
47 In the United CRY s e United
yofYorkvi Yorkville.
United Cit of Yorkvi (Sl
u to sell the now state Peel the property above,If any;W the Pries tonal,Mt forth bsndn,and to away a cones to be canraysd to
orRW W h r an v deed,with reteeseofhonleaead rights,if gay,and P proper big of sale,subject
Iyeeroteombleetkledteletobya tr000rde#rla t
tot(w1 ooveawna,Cerldltlaasatdeareledotlgorrecotdtlb)Oti' • melreaodroaddhigbwwyt,ifway;tee
pnblbmdut0ltywe san
as Igainep
JMMA
al..ifrty:(l)WWI taresarrebeynr 19 9 aadlablaqugne yeaehldotdoillawwhichmy■eenreby«teesofltsworedditloodlmptavemeW
„s,(,eyePK,) 1999 ;aadso date of cloning, payment of all applicable building permit, Land
Cash, water E sewer hook-up fees, development fees and permit fees customarily payable
at time of application for building permit.
Porchaw ha paid S 10.000,00 a el rrm rooney to be appibd on the purchase price.and agrees to pay or ntub the balenee of the
*lase price,On or miwt prondoes,u dew time o►f clone U railowtt(rhdbr feapege adiabpard ft,"k no aypoodi0)
(a) Thepeyauseofti 10 000 00 at time of closing
to bat evidenced by of pu_nwser(genaeel.providing for rail prepaylnerei privileges wldww peachy,which dull be secured by e
pa"Itord11w roolley mart httlt dead),air law Ingtnnnam and the new to be in the form baetoPaPdled u ShccdalP B.o,b the ahsPnce of
two Muclmleot.ON forme PMPAR=4q and Identified M Nor. "and
by a seeudty a8manlem(u to which logoo wul uueae a none W be steered txh[iltwainf sutenrentf n may be requited under the
Uniform Conartercul Coda in order 10 make its Crested dlelwoda effsalve).and an a3691IM0rr of rtnrs,gold sm*Y apeen11e and
Pssignmemotlwttob eetWefamsappeeded eheduksCatdD.PuRhwtergheURrrahhtoShcaaaAmericaal�edTldsAePxledoe
Iwo policy fwlohlg ohs mwtpp(War dead)booed by p title Indian a Company.
("IIaached le8bnot aaebedwkIMblenbanamMWin,tile 11 beaearredbyauastdeed,tend do now and tnrr dead shall beinthe
forme used by The adeop Drts Camp r t)
(c) The occeptulceofthe title to the eaietteve by Purchaser aubjeuooamonpgeorte11t d word secorini;aOnclpal indebtedness(whkhthe
Pur,:b—(doe)[does roll epee to wmne)aggtepg-g f bat wterest a dO Wt of S w yeas and the
payment of a even which repnmM the diffeerce bwwaen'he innamt dw on the irdeblodesea liner of dosiog and the balance of tlx
Seiler.al his own expense,soma to famish Purchater a current VIM of rearm of ale above not estate mine,Pad go certified by the surveyor se having
in node,in compflaw with the Illinois Land Survey Standards.
The time of cloriog ehtu be on October 1. 1299 or c m d11 date.If any,to which suds time n emroded by rsum of puagrtprn Z.ir 10 arthe
Itions and Wane herauter becoming opemdve(whbhever date a later),anise lubsequeraly mutually agreed otherwise.M the office of
raw f
fir
es of Daniel L'. Krahnr,r ora(the moregwgs kmdeS irrry provided We Is shown to be good asses eecepocd by Purehwc
WIN ogres to pay w broilm's commiarioe a None
be arrolrlt an fmtb in die bmharle iit"caoeoct or u fob m:
TMesmortmaneyshoubehemby Daniel J. Kramer. Trust Accojint
the snarl beafa of ties parties.
Sailer--to oho Sellex its beneficiaries or agent+of Seller or of is ber11fleiaries have reetived no nolka from any city,village or other
manses''wthorMy of goobg,beudillg,fin of baith code violation In respect to the real river[lest have not been bertofole conecsed.
A duplicate original of this contract.duly execul d by the Sella and his spouse.it gay,shell be delivered to the Purchaser within 3 days from
1310 hereof,otherwise,at the Purehuer'e option.this contract shPl I bewtoe Ault gad void and the eorrtm movey 311111 be refunded to On Purchaser
t,etewrect V rubjat to he Ca�Ortg and 9tipulatlom set forth on Ihs bask pegs hereof,which Conditions and Slipoletions sn n11de a part of titre
uuea
dad: Aunuat 20 go
Thomas O'Brien
rchwr. Address:
Unite .ily f Yorl obi
tier: 8 Addleu:
Ikr. Address.
OP'20.99 FRI 15:41 FAX 553 5784 KRARD LAW �tt1U4
1. Stow shall deliver or ewe in he d 2varod so Purchaser or Pgtshoael note.-lee Amer 3 days p lar w tea noes a crowns.as pew-:7a..q...
ors,is ntquiwd a be delivered r IN of this contract)sad a do=Memo—Ax ai-"U's ells f policy hers,d M.the Chicago Us
leases company in the amor 1 petitw prime,conrirla Wle to iM ad a6ue 00 Of DIM the des L ltowre8 title u the Wended greater
subject only to(A)Wes lensed aacepnana aonWud in the policy,(b)the tldo scom eel(20th ahosw,mad Te)Tills gmeplom pertaining to limn or
aarbresea of a dOnke or am.uimAiMe rooted which mg be moved by the payout of teams%of des tins of doei l mad which 00 sd er nay se
ratmoo a tat 4tese by usung tat Aewdo to be Rid mpo s ilea deavery of Its And(all Of wbid 2011 bad"mfw and 10 n its pmiw4 eaapdm).The that
commitment(hell be tomekrive swklernoe of pod title a dom is prow"as to ti Gbh a-15tic.—A bbY the po(kyt mba amly a tat eaceptloa to thesis
acrd.Seller oho shall NmAsh pTtehalse la affidavit of title in eunaauy form moweebrg do due of eAft led tkowinl Me Is Slot nt420t coy is Ae
psmind exoepsn is foregoing Mass(b)and(e)and unprn"ktad twaptione a defer in the ti1M dinlosed by the tlrvq,if aryl a to which the tide
Inatnar nocenits to extend Insurance is Act manna milled is psragfoo 3 how.
2. if the title cmotnknum or pat of amrwy(if am is ragdo d to be ddivmd agdee gw tame of Ihh con ts")dholow milker umpont"mrwptionx or
survey mesas 00 re1 1 r this Oda unraadaahla(herein ashnad to me"surrey defeeti").Seller Nee haw 30 days nom the dais of ddivay demnof lm bare
ibe esapt=Moved from on oanmMom or rot conga ash somq a dects or to have is,title leesta eomotk to i num apimes loo or dataale toot my
be ccwionad by swh aeeplau or sueviy ddM.tad,in"*vas.the tines of slowing dolt be 33 dop alMr de ivery of the earwaamt a l e ltrnm
apaily ipodfled M pangnph 5 a tat(lets pie hereof,wWdwvsr Is Islet U War fella sot bra des e1100114 sea Removed or coma any wv"dd iecu,
or In Ibs datrailiw,to dMIA dw mmdttow ft title Ise20eacr spedfied Obswa as a such noepiav or moo dahae within the aperdited lima,
P.,h w may wretinw this eonwer or nay Olga,won.ilea a Sean wftbin 10 days eat do sapintbn of the 306ft ptrlod,to tab ride its is the is
with der ftU To deduct from the pwdow pies lion or enaRbraoae Of a detiths or Oscondaeble smear.If Purchase does not to Neer,this contract
shall become OW Ord void wills t hstlor lake of the ismka.
3. Refs.pronto s under assignable huusntea ptlida.water and other uNiry,charges,Ards.Repaid service contracts.pond lases.sonsd bwnst w
mmtgugs indebtedeaa.If any,and olht siesisr Was shall be adjusted roWy as of the tea of closing.The anotmt of the comes pound taus sm them
eaculaioble shell be addosad on des basis of(a),(b),or(o)below tf Me rugserOdrophr gee OAP6011111k):
tin The w&recam mon wkwals Aw a=it ombectlot: adjusts to it 6m=f Items a so die use to of opmesselso W-OF amassed he-----41101 0 N16nmomed
bosun by4edatmiaa
3. 4 119 aj No real estate tax prorations i II be given at closing because_ Lot was exempt in
1999.
AU provelions am fad Uldin otkrw tea.lialplal law end laai/nsbs itterrgnee pdieies,if nn),Wall thin be assigned a Punitaec Seiler
nail pay the asoom of ley I"us 6oposed by 9 fat of the two,ad then kWdA■c"Oeied cad Galan 71nnder Decimation
plod by rite sow a tat Sdsrlt Rpm in The foes ca".mill punwme io Tan Act Of des Slaw of 1111miR ad tall farms►any
decieraiiva signed by the Srlwr a the Shcwk spa or enter other requhaaau se su llsed by an with mom to a muff a Irmttaastion
ux;saLls us rewind by ioni ordinance thafl be pid by the parry ape when aeb trdleswa plow nrI ANNhy T inastce doe aaot re
4. The provisions of tit lledferes Wndor ad P20alwesr Auk Act of the Stas o(0anoat shall be Opplic"a"wdwm.
5. If ins contract is wermtlated withoar Puchomal atuh,the renal MOW shall be nmmvwd to the Pntcbuu but if the tenmoticn is caused oy the
Hinman 11 fault,th-Rpm notice w ate PweMur,the aneu muggy&MN be fotfehed to de Jdi11r and Wiled Am to the paywat of Sellarls upensae
and clan to payment of broker cmmdeslom:the balance,if uy,to be rewind by the Sella u ligoWM d damages.
6. At ds,dwiw of Seller a pa , . upog ooda IO dr other perry useless into S daps plor w tat tics of alaaMl,Atls ale oball be closed through an
sea, with Chicago Tits aid Thu UonpaX In 20eer.mw with roe gourd ptovhiorn of the used foot of Dad and Moray Beaow Apostates thus a
use by Chicago Tits and 7hau Compow wiO luck Wig,psovaisa iatotatd in des secrow nneasa a may he rMised to axubrm whit this eoaeact.
upon tat ercetion of Loch an aarrw,anything haois to the cmrwy moswiAewtdin5.payment of purchase price and delivery of dad shall be Made
tlnoalh be gsaow and tbig consaget and Its araw MOM Lhdd be deposited Is ma cow.710 cot of the allow oidl be divided equally buween Salkr
sad hwheser.(StA1e parmgrq*i/heoppAcelik.I
7 Time is of Ilte esante of ins comared.
I. All notim hemis requited shalt be Ie writing ad shell be servo on tee prtue n the Odd teraes following their upigows.The mailial of a mom bl,
reltslered or certified rail,room rocnips rerpwsted.shall be sufficient service.
9. AlstroYlvg It
Sdicr represents that he u 10 a "fonlph Ponca' a tsfised is Satsia 1143 of the Internal Reviews,Cade and is damfore eamp from the
wahbotdiag tepamweal of said Stala.SCHU will Nrdsb Pmchwu it clOssn/tits 6s on0oo Conifreadoo sot forth In sad Section.
Ts"' t d ttauaction is swept from W11 w+thkMsg mWiremgots of Section 1445 of the Intend Ravenue Code beause Purchae►
sew the Object ifyln rasw=under Mid sea"and tat ales pries dose rot exceed 5300.000.
e 3!
Witt mspea to Section 1441 of The Internal Rsvemss Code,the Portks sus:
mnie+rw of rate dues olrernsows.)
10. (A)Purchaser and Salkr yes that the dhcbwm frgetrem uu of the Ieirtou Rsaposaible Property Tursfer Act(do)(do act apply ra ts,,merle
conempaaned by this conga.(if re"immetns do not sally.sittbe(a)ate(C)bolo r.1
Illinois tie Act.
(C)Purchaser agnot to ratty 5d120 in w and pat omos addrw*(sash raonPp wader who bus surd a corrmtrne n to roonc
the parches hustTndet a any pan tls,reoh,ttsela roux shill b days after inuouw of cry such comnwtmem,but in no event lot
tYas 4o days prior to delivery of the dad bstaunder uoku waived by such lmadet o Eurtbu ahem w plea of reean
rimtdtanerurty wkh to dew recorded punusot a uhtt eootnct,ury disciawa slums"Anrhlebad Ten Purchase 10(81 as
Proteaiop Alcncy