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Notice of Public Sale

11/26/2018

NOTICE OF PUBLIC SALE OF REAL PROPERTY OWNED BY

THE CITY OF ATHENS

Notice is hereby given that on Monday December 31, 2018 at 8:30 a.m. the City of Athens, of Menard County, Illinois (hereinafter “City”) will sell at public sale by taking sealed bids, which bids will be accepted until 4:00 p.m. on December 28, 2018 at the Athens City Hall located at 210 Dottie Bednarko Drive, Athens, Illinois and which bids will be opened at 8:30 a.m. on December 31, 2018 at the City Mayor’s Office located at 210 Dottie Bednarko Drive, Athens, Illinois the following described property (“Property”):

Property address: 504 West Jefferson, Athens, Illinois

 PIN:17-01-106-004

Legal Description: Lot 2 in Block 5 in T.J. Primm’s Addition to the village, now City of Athens.  Situated in the County of Menard and State of Illinois.   

Said sale will be made on the following terms, to wit:

  1. The Property is to be offered for sale at a public sale by sealed bid to the highest responsible and qualified bidder.
  2. The Property shall be sold “as is-where is” by Quit Claim Deed, legal description on City’s title to govern. The City makes no representations or warranties with respect to the condition or use of said Property, or compliance with environmental laws and regulations. The Purchaser shall be solely responsible for determining the applicability of any laws, local ordinance, or other regulations which may impact the Property and/or the Purchaser’s contemplated use thereof and will be responsible for any associated closing costs related to the purchase of the property. The Property is being sold subject to any and all rights of the public and any and all easements, covenants and restrictions shown or not shown by public record. Submission of a bid shall serve as that bidder’s acknowledgement that: (a) it has received any and all requested or otherwise required property disclosures prior to the date of bid submission; (b) that it was afforded opportunities to inspect the Property and records relating to its condition before the date of bid submission; and (c) that it has availed itself, to its satisfaction, of the right to inspect the Property and records relating to its condition prior to the date of bid submission; and (d) that it is satisfied with the Property’s condition and that it is taking the Property in AS-IS / WHERE-IS condition.
  3. The City will not be responsible for paying any real estate brokers’ commission.
  4. By submitting a sealed bid, a bidder accepts the terms of the sale as contained herein expressly including the terms and provisions of this Notice and the Purchase and Sale Agreement.
  5. City reserves the right to reject any or all bids tendered, to waive irregularities, or to cancel or reschedule the bid submission date and/or bid opening.
  6. Upon presentation by the City, the highest bidder shall immediately execute the Purchase and Sale Agreement with the City subject to the terms and conditions as set forth in this Notice of Public Sale.
  7. The closing date on any resulting sale shall be scheduled for prior to January 31, 2019 unless City and the successful bidder agree to alternate closing arrangements. If the successful bidder fails to pay the balance due upon closing, the Bid Deposit and Earnest Money paid shall be forfeited and retained by City as liquidated damages and City may resell the Property. Possession shall be delivered to Buyer at closing.
  8. The City may request assurances and proof satisfactory to the City of the bidders’ ability to purchase the property. Failure of the bidder to produce same, to City’s satisfaction as measured solely by City, will permit City to terminate sale to said bidder.
  9. The Property will be available for inspection, upon City’s receipt of reasonable written request, prior to the bid submission deadline.

 

 

 

NOTICE OF PUBLIC SALE OF REAL PROPERTY OWNED BY

THE CITY OF ATHENS

Notice is hereby given that on Monday December 31, 2018 at 8:30 a.m. the City of Athens, of Menard County, Illinois (hereinafter “City”) will sell at public sale by taking sealed bids, which bids will be accepted until 4:00 p.m. on December 28, 2018 at the Athens City Hall located at 210 Dottie Bednarko Drive, Athens, Illinois and which bids will be opened at 8:30 a.m. on December 31, 2018 at the City Mayor’s Office located at 210 Dottie Bednarko Drive, Athens, Illinois the following described property (“Property”):

Property address: 412 South Mill Street, Athens, Illinois

 PIN:17-01-100-195

Legal Description: SEC 1 TWP 17 RNG 6 N 109.5 of S 214 ½’ LOTS 17 and 17 ½ CCP N/W ¼     

Said sale will be made on the following terms, to wit:

  1. The Property is to be offered for sale at a public sale by sealed bid to the highest responsible and qualified bidder.
  2. The Property shall be sold “as is-where is” by Quit Claim Deed, legal description on City’s title to govern. The City makes no representations or warranties with respect to the condition or use of said Property, or compliance with environmental laws and regulations. The Purchaser shall be solely responsible for determining the applicability of any laws, local ordinance, or other regulations which may impact the Property and/or the Purchaser’s contemplated use thereof and will be responsible for any associated closing costs related to the purchase of the property. The Property is being sold subject to any and all rights of the public and any and all easements, covenants and restrictions shown or not shown by public record. Submission of a bid shall serve as that bidder’s acknowledgement that: (a) it has received any and all requested or otherwise required property disclosures prior to the date of bid submission; (b) that it was afforded opportunities to inspect the Property and records relating to its condition before the date of bid submission; and (c) that it has availed itself, to its satisfaction, of the right to inspect the Property and records relating to its condition prior to the date of bid submission; and (d) that it is satisfied with the Property’s condition and that it is taking the Property in AS-IS / WHERE-IS condition.
  3. The City will not be responsible for paying any real estate brokers’ commission.
  4. By submitting a sealed bid, a bidder accepts the terms of the sale as contained herein expressly including the terms and provisions of this Notice and the Purchase and Sale Agreement.
  5. City reserves the right to reject any or all bids tendered, to waive irregularities, or to cancel or reschedule the bid submission date and/or bid opening.
  6. Upon presentation by the City, the highest bidder shall immediately execute the Purchase and Sale Agreement with the City subject to the terms and conditions as set forth in this Notice of Public Sale.
  7. The closing date on any resulting sale shall be scheduled for prior to January 31, 2019 unless City and the successful bidder agree to alternate closing arrangements. If the successful bidder fails to pay the balance due upon closing, the Bid Deposit and Earnest Money paid shall be forfeited and retained by City as liquidated damages and City may resell the Property. Possession shall be delivered to Buyer at closing.
  8. The City may request assurances and proof satisfactory to the City of the bidders’ ability to purchase the property. Failure of the bidder to produce same, to City’s satisfaction as measured solely by City, will permit City to terminate sale to said bidder.
  9. The Property will be available for inspection, upon City’s receipt of reasonable written request, prior to the bid submission deadline.

 

City of Athens
Athens, Illinois
Nicole McCormick
Office Manager