legal description and further details. - Ball Chatham CUSD #5

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legal description and further details. - Ball Chatham CUSD #5

PUBLIC NOTICE OF SALENotice is hereby given that the Board of Education of Ball-Chatham Community Unit SchoolDistrict No. 5, Sangamon County, Illinois, is accepting sealed bids for the sale of land known asParcel No. 22-21-0400-005 and 22-22-0300-005 (see legal description below).Bids shall beaccepted until 10:00 a.m. on the 14 th day of August 2013, at the Administrative Offices of theBoard of Education of Ball-Chatham Community Unit School District No. 5, at 201 W Mulberry,Chatham, Illinois, 62629, addressed to Attention: Ms. Carrie Hruby, Superintendent, which bidswill be opened at 10:00 a.m. on the 14 th day of August 2013 at said Administrative Offices.Part of the Southeast Quarter of Section 21 and the Southwest Quarter of Section 22,Township 15 North, Range 5 West of the Third Principal Meridian, Sangamon County,Illinois, being more particularly described as follows:Beginning at the Southeast corner of the Southeast Quarter of said Section 21; thenceSouth 88 degrees 34 minutes 06 seconds West along the south line of said SoutheastQuarter, a distance of 500.00 feet; thence North 00 degrees 48 minutes 05 seconds Westparallel with the east line of said Southeast Quarter, a distance of 1,873.20 feet; thenceNorth 88 degrees 34 minutes 06 seconds East parallel with the south line of saidSoutheast Quarter, a distance of 500.00 feet to the west line of the Southwest Quarter ofsaid Section 22; thence North 88 degrees 36 minutes 24 seconds East parallel with thesouth line of said Southwest Quarter, a distance of 500.00 feet; thence South 00 degrees48 minutes 05 seconds East parallel with the west line of said Southwest Quarter, adistance of 1,873.20 feet to the south line of said Southwest Quarter; thence South 88degrees 36 minutes 24 seconds West along the south line of said Southwest Quarter, adistance of 500.00 feet to the point of beginning, containing 43.000 acres, more or less.Commonly known as Southwind Road.(P.I.N. No. 22-21-0400-005 and 22-22-0300-005)Which sale shall be made on the following terms:Site Data:1. The property is approximately 43 acres.


6. The Board shall hold all the uncashed security deposits. The Board will decide inaccordance with paragraph 8 hereof the successful bidder. All security deposits shall then bereturned to unsuccessful bidders.7. Closing shall take place within sixty (60) days of acceptance of the bid. A finalizedContract for Sale shall be completed between the parties no later than 30 days after bidacceptance. A copy of the Contract for Sale to be entered into by the Board of Education and thesuccessful bidder shall be available for inspection at the Administrative Offices of the Board ofEducation. The contract is not subject to modification.8. All information about the property included in this Notice of Sale is believed to bereliable, but is not guaranteed and no express or implied representations or warranties aremade with regard to the property or matters relating thereto, or terms contained herein.The property will be sold and conveyed to the successful bidder (the “Buyer”) on an “ASIS” basis without any representations or warranties of any kind, express or implied, either oralor written, made by the Board of Education or the School District with respect to the physical,environmental, zoning or structural condition of the property or with respect to the existence orabsence of underground fuel storage tanks, toxic or hazardous materials, substances or wastesin, on, under or affecting the property, including but not limited to, asbestos about or on theproperty, and subject to existing zoning, flood plain and any other restrictions on the use ordevelopment of the property. All warranties with respect to the property are hereby expresslydisclaimed. Except as provided below regarding the scope of Buyer’s indemnitycommitment, any risk and all responsibility relating to any condition of the property,including, but not limited to any of the above-described conditions, are assumed by Buyerand disclaimed by the Board of Education and the School District.All bidders are urged to examine the property and conduct their own inspection andinvestigation of the property (including, without limitation, environmental inspections andinvestigations). The Buyer shall take all necessary action and bear all expenses and liabilityassociated with making the property suitable for the Buyer’s intended use and complying withall applicable laws.9. A bid may be withdrawn at any time prior to the time stated for receipt of bids. Nobid shall be withdrawn or cancelled for a period of 120 calendar days after the time stated for


eceipt of bids has passed. No bid shall be withdrawn, cancelled or modified after notificationof acceptance by the Board of Education.10. The Board of Education of Ball-Chatham Community Unit School District No. 5reserves the right to waive irregularities, to continue the sale from time to time, to reject any andall bids, whether or not they meet the minimum bid prices, and to adjourn the sale./s/Secretary, Board of EducationBall-Chatham Community Unit SchoolDistrict Number 5

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