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AMENDING CHAPTER 2 (ADMINISTRATION), ARTICLE VI (PURCHASING) OF THE KANE COUNTY CODE TO ESTABLISH PROCEDURES FOR DISPOSITION OF COUNTY-OWNED SURPLUS REAL PROPERTY
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WHEREAS, pursuant to section 5-1004 of the Counties Code (55 ILCS 5/5-1004), the Kane County Board shall exercise the powers of the County of Kane as a body corporate or politic; and
WHEREAS, section 5-1005(1) of the Counties Code (55 ILCS 5/5-1005(1)) authorizes the County of Kane to purchase and hold real and personal estate necessary for the uses of the county; and
WHEREAS, section 5-1005(2) of the Counties Code (55 ILCS 5/5-1005(2)) authorizes the County of Kane to sell and convey or lease any real or personal estate owned by the county; and
WHEREAS, section 5-1005(3) of the Counties Code (55 ILCS 5/5-1005(3)) authorizes the County of Kane to make all contracts and do all other acts relating to the property and concerns of the county necessary to the exercise of its corporate powers; and
WHEREAS, the Kane County Board desires to amend the Kane County Code to establish procedures for the disposition of surplus County-owned real estate; and
WHEREAS, except as otherwise provided in this Ordinance, all other provisions in Chapter 2, Article VI of the Kane County Code shall remain unchanged and in full force and effect.
NOW, THEREFORE, BE IT ORDAINED by the Kane County Board that Chapter 2 (Administration), Article VI (Purchasing), Division 1 (General Provisions), Section 2-207(C) (Definitions) shall be amended as follows (underline indicates insertion of text; strike through indicates deletion):
FAIR MARKET VALUE: The price a willing, well-informed buyer would pay, and a willing, well-informed seller would accept, for the real property, as determined by a qualified appraiser, licensed by the State of Illinois.
SURPLUS PERSONAL PROPERTY: Any tangible county owned personal property no...
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