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Section 2.164

Procedure for sale of surplus real estate.

Adopted August 30, 2015

The surplus real property shall be sold to the highest bidder after providing notice inviting competitive sealed bids. Sealed bids shall be requested by the village manager or, in the absence of the village manager, by the village clerk, under the following procedure:

(1) An invitation to submit a bid, describing the requirements of the village, shall first be prepared by the village manager or, in the absence of the manager, by the village clerk, and submitted for approval to the village council.
(2) The invitation for bids shall be publicized by advertising at least twice, in two newspapers of general circulation in the village, not less than two weeks prior to the last day set for the receipt of competitive sealed bids. In addition, the manager or clerk, as the case may be, may place the invitation for bids in any appropriate trade journals, professional publications or other appropriate publication, in order to encourage as much bidding competition as possible.
(3) The newspaper notice required herein shall include a general description of the real property which is to be sold, together with a statement of the procedures for submitting a sealed bid.
(4) Bids which are submitted in response to the invitation for bids shall be submitted in a sealed envelope. The envelope shall be indentified as a bid on the outside of the envelope and shall be accompanied by the good faith deposit, if one is required, by the invitation to bid.
(5) Bids shall be opened publicly at the time, place and date designated in the invitation for bids. Each bid, together with the name of the bidder, shall be recorded and the tabulation of all bids received shall be available for inspection at the village office.
(6) An invitation for bids may be canceled, or any or all bids or proposals may be rejected, in whole or in part, as specified in the invitation for bids, when such rejection or cancellation is determined by the village to be in the best interests of the village.
(7) The village shall not knowingly accept the bid of a person or legal entity which is in default in the payment of any taxes, licenses, fees, permits or any other monies due to the village, or who is in any other respect disqualified according to any federal or state law or any municipal ordinance provision. A contract with a person who is discovered to have been in default or disqualified at the time of awarding of a bid shall be voidable at the option of the village. (Ord. No. 151, § 4, 12-16-2008) Secs. 2-165—2-170. - Reserved.