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HomeMy WebLinkAboutOrdinances - O-87-433 - 09/02/1987 - AUTHOIRZE SALE BY PUBLIC AUCTION0-87-433 AN ORDINANCE AUTHORIZING THE SALE BY PUBLIC AUCTION OF PERSONAL PROPERTY OWNED BY THE CITY OF MCHENRY WHEREAS, in the opinion of at least three -fourths of the corporate authorities of the City of McHenry, it is no longer necessary or useful to or for the best interests of the City of McHenry to retain ownership of the personal property hereinafter described; and WHEREAS, it has been determined by the Mayor and City Council of the City of McHenry to sell said personal property at a public auction to be held on Saturday, October 3, 1987. NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF MCHENRY: SECTION ONE: Pursuant to Section 11-76-4 of the Illinois Municipal Code, Illinois Revised Statutes, C24, Section 11-76-4, the Mayor and City Council of the City of McHenry find that the following described personal property: VIN. INVENTORY YEAR MAKE MODEL MINIMUM NUMBER VALUE--- 1B3BG2658FX625305 #315 1985 Dodge Diplomat $1500.00 1B3BG2650FX625301 #313 1985 Dodge Diplomat $1500.00 1B3BG2652FX625302 #314 1985 Dodge Diplomat $1500.00 OK94BI86845 C-3 1980 Ford Fairmont Wg $ 500.00 now owned by the City of McHenry, is no longer necessary or useful to the City of McHenry, and the best. interests of the City of McHenry will be served by its sale. SECTION TWO: Pursuant to said Section 11-76-4, the City Clerk is hereby authorized and directed to sell the aforementioned personal property now owned by the City of McHenry., at public auction on Saturday, October 3, 1987, Schaumburg Public Works Facility, 714 S. Plum Grove Road, Schaumburg, Illinois at 11:00 A.M. to the highest bidder on said personal property. SECTION THREE: The City Clerk is hereby authorized and may direct the Northwest Municipal Conference to advertise the sale of the aforementioned personal property in a newspaper published within the community before the date of said public auction. SECTION FOUR: The City Clerk is hereby authorized and may direct the Northwest Municipal Conference to enter into an agreement for the sale of said personal property. The auction shall be conducted and the auctioneer shall be compensated in the manner set forth in the contract attached hereto and made a part of this ordinance. SECTION FIVE: No bid which is less than the minimum value set forth in the list of property to be sold shall be accpeted, unless a lower amount is authorized by the City Clerk or her representative at the auction. SECTION SIX: Upon payment of the full auction price, the City Clerk is hereby authorized and directed to convey and transfer title to the aforesaid personal property, to the successful bidder. SECTION SEVEN: This ordinance shall be in full force and effect from and after its passage, by a vote of at least three -fourths of the corporate authorities and approval in the manner provided by law. AYES: Bolger, Lieder, McClatchey, Nolan, Patterson, Serritella, Smith, Teta NAYS: Non ABSENT: None ABSTAINED: None NOT VOTING: None PASSED AND APPROVED this _ 2nd day of September , 1987. ay8r ATTEST: City Clerk