HomeMy WebLinkAbout10 11 1974 Ord. 138PRLoOF OF PUBLICATION
STATE OF IDAHO
ss.
County of Bannock
ORDINANCE NO. 138
AN ORDINANCE OF THE
CITY OF CHUBBUCK, IDAHO
EXPRESSING AN INTENT TO
SELL CERTAIN DESCRIBED
REAL PROPERTY OWNED BY
THE CITY; D}RECTING THAT
SAID PROPERTY FIRST BE
APPRAISED; AUTHORIZING
SALE FOR CASH OR TERMS OF
SAID PROPERTY BY PUBLIC
AUCTION TO THE HIGHEST
BIDDER FOR AN AMOUNT
EQUALLING OR EXCEEDING
THE APPRAISAL; RESERVING
TO THE CITY THE RIGHT TO
REJECT ANY OR ALL BIDS;
PROHIBITING SUCH SALE
FROM OCCURRfNG UNTIL
SIXTY DAYS HAVE EXPIRED
FROM THE DATE OF PASSAGE
OF THIS ORDINANCE;
PROVIDING THAT PROCEEDS
FROM SALE SHALL BE USED
TO DISCHARGE CITY IN-
DEBTEDNESS OR FOR PUBLIC
IMPROVEMENT; PROTECT-
ING THE REMAINING
PROVISIONS OF THIS OR-
DINANCE IF ONE PROVISION
SHOULD BE HELD INVALID;
AND PROVIDING WHEN THIS
ORDINANCE SHALL BECOME
EFFECTIVE.
BE IT ORDAINED BY THE
MAYOR AND COUNCIL OF THE
CITY OF CHUBBUCK, IDAHO:
SECTION 1. Pursuant to Idaho
Code SS50-1401 and 50-1403, the
City hereby expresses its intent to
sell the following described reai
property, located at 4545
Yellowstone, Chubbuck, Idaho,
which is not currently used for
public purposes:
The South half of the North half
of the North Half of the Southeast
Quarter of the Northwest Quarter
of Section Ten, Township Six
South, Rante Thirty -Four East
Boise Meridian.
SECTION 2. Immediately upon
the effective date of this or-
dinance, the Mayor shall cause
the above-described realty to be
appraised by one or more
professionally qualified ap-
praisers.
SECTION 3. When the results of
appraisal have been received, the
City Clerk shall cause to be
published in the Idaho State
Journal, the official newspaper of
the City, an "Invitation for Bids"
describing the realty in questions,
specifying its appraised value as
the minimum acceptable bid,
stating that said realty be sold for
cash or terms to the highest
bidder, indicating how the highest
bid wili be awarded, and reser-
ving to the City the right to reject
any and all bids.
SECTION 4. Notwithstanding
the foregoing provisions, the sale
of real property shall not occur
until sixty days have expired from
the date of passage of this or-
dinance, to provide time for the
filing of petitions in opposition, if
any, as prescribed by Idaho Code
S50-1403.
SECTION 5. Proceeds from sale
of the above-described property
shall be used exclusively to
discharge indebtedness existing
against the City, or for needed
public improvements, as required
by Idaho Code 550.1407.
SF(-TInN A If anv secfinn.
Katherine Wanner
being first duly sworn on oath deposes and says: That -------he
was at all times herein mentioned a citizen of the United States of
America, more than 21 years of age, and the Principal Clerk of THE
IDAHO STATE JOURNAL, a daily newspaper, printed and published at
Pocatello, Bannock County, Idaho, and having a general circulation
therein.
That the document or notice, a true copy of which is attached, was
published in the said IDAHO STATE JOURNAL, on the following dates,
t0 -wit:
IJ
ctnber 11 19- ---------------------------------------- 19------
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c
That said paper has been continuously and uninterruptedly pub-
lished in said County for a period of seventy-eight weeks prior to the
publication of said notice or advertisement and is a newspaper within
the meaning of the laws of Idaho.
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Subscribed and sworn to before me this ------------------ 3-4-th-----------
day of--------------l7-------ctobe-----_r
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otary Public, State of Idaho
Residence: Pocatello, Idahc