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Resolution Authorizing the Sale of District Owned Parcels in the Algonquin Shores Subdivision, Kane County, IL
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WHEREAS, the Forest Preserve District of Kane County, Kane County, Illinois currently owns parcels located in the Algonquin Shores subdivisions within Algonquin, Illinois; and
WHEREAS, 70ILCS 805/6, authorizes a forest preserve district to purchase a parcel of land and to subsequently sell any one or more parcels that are less than one acres in size, pursuant to resolution of the Board of Commissioners passed by a two-thirds majority of the Board; and
WHEREAS, staff performed a site review of the District owned parcels within the Algonquin Shores subdivisions, a list of parcels was compiled of little habitat quality and limited to no public access or use potential; and
WHEREAS, the Land Acquisition Committee directed staff to finalize parcels for sale and obtain appraisals. The parcels were valued at a minimum $500 per lot. Lots will be sold by public auction with notices mailed to adjoining property owners.
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Forest Preserve District of Kane County, Kane County, Illinois that the District be, and hereby is, authorized to sell the real estate described in Exhibit A, attached hereto, for not less than the fair market value of said real estate, under such terms and conditions as may be set forth by the Executive Committee regarding such sale.
APPROVED AND PASSED on this 8th day of October 2024.
___________________________ ____________________________
Christopher Kious Myrna Molina
President, Kane Forest Preserve Secretary, Kane Forest Preserve
Kane County, Illinois Kane County, Illinois