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NOTICE OF SURPLUS PROPERTY SALE

Please take notice that the City of Pana by adoption of Ordinance 1887 has authorized the sale of the following described property.  The Council reserves the right to reject any and all bids.  The property is currently zoned for residential use and is used for residential purposes.  The approximate size of the property is 50 X 130 feet.  Interested parties must submit sealed bids in the office of the City Clerk on or before 3:00 p.m. Monday, October 24, 2022.  Bids will be opened at the October 24, 2022 regular session meeting of the City Council.  The sale shall be a cash sale pursuant to the terms of a real estate contract prepared by the city.  The property is being sold as is.  Closing costs to be paid by the buyer. 

 

Legal Description:

COMMENCING AT A POINT IN THE EAST LINE OF BLOCK 7 IN JORDAN’S ADDITION TO PANA, 360 FEET SOUTH OF THE NORTHEAST CORNER THEREOF, AND RUNNING THENCE WEST PARALLEL TO THE NORTH LINE OF SAID BLOCK 7 A DISTANCE OF 130 FEET, THENCE NORTH PARALLEL WITH THE EAST LINE OF SAID BLOCK 7 A DISTANCE OF 50 FEET, THENCE EAST PARALLEL WITH THE NORTH LINE OF SAID BLOCK 7 A DISTANCE OF 130 FEET TO THE EAST LINE OF SAID BLOCK, AND THENCE SOUTH ON SAID EAST LINE A DISTANCE OF 50 FEET TO THE PLACE OF BEGINNING. EXCEPT ALL COAL AND MINERALS UNDERLYING SAID LANDS, TOGETHER WITH THE RIGHT TO MINE AND REMOVE SAME.

Common Address:

202 Park Ave., Pana, Illinois

Parcel #

Parcel #11-25-15-412-007

Dated this 13th day of September, 2022 by:

Kim Toberman
City Clerk

 

(Publish for 3 consecutive weeks. First publication at least 30 days before October 24)