ORDINANCE __________
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AN ORDINANCE AUTHORIZING THE SALE BY PUBLIC AUCTION OF
PERSONAL PROPERTY OWNED BY THE VILLAGE OF LOMBARD
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WHEREAS, in the opinion of the Corporate Authorities of the Village of Lombard, it is no longer necessary or useful to or for the best interests of the Village of Lombard to retain ownership of the personal property hereinafter described; and

WHEREAS, it has been determined by the President and Board of Trustees of the Village of Lombard to sell said personal property at a public auction to be held on September 11, 1999, in conjunction with the DuPage Mayors and Managers Conference Auction.

NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LOMBARD, DU PAGE COUNTY, ILLINOIS as follows:

Section 1: Pursuant to 65 ILCS 5/11-76-4 (1992), the President and Board of Trustees of the Village of Lombard find that the following described personal property:

See attached Inventory Form marked Exhibit "A"

now owned by the Village of Lombard, is no longer necessary or useful to the Village of Lombard and the best interests of the Village of Lombard will be served by its sale.

Section 2: Pursuant to 65 ILCS 5/11-76-4(1992), the Village Manager or his designee is hereby authorized and directed to sell the aforementioned personal property now owned by the Village of Lombard, at public auction, on September 11, 1999 at the College of DuPage, Glen Ellyn, Illinois to the highest bidder on said property.

Section 3: The Village Manager is hereby authorized and may direct the DuPage Mayors and Managers 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 4: No bid which is less than the minimum price set forth in the list of property to be sold shall be accepted.

Section 5: The Village Manager or his designee shall cause to be transferred any titles or ...

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