Notice is hereby given that on April 5 , 2024 at 2:00 a.m./p.m., the Board of Education of Staunton Community Unit School District No. 6 of Macoupin and Madison Counties, Illinois (hereinafter “District”) will receive and open sealed bids for the sale of the following described property (“Property”):

Property Address: 617 N. Hibbard Street, Staunton, IL 62088

Property Identification No: a part of 01-000-690-00

Information relating to the Property may be obtained at the Board of Education Office at 801 N. Deneen St., Staunton, IL 62088 between the hours of 8:00 a.m. and 4:30 p.m., Monday through Friday, or on the Staunton Community Unit School District No. 6 website at http://www.stauntonschools.org.

Said sale by sealed bid will be made on the following terms:

1. The Property is to be offered for sale at a public sale by sealed bids to the highest responsible and qualified Bidder for not less than $ 100,000 and the District reserves the right to reject any and all bids. ALL BIDS MUST BE TENDERED BEFORE THE BID DATE AT TIME AND DATE SET FORTH ABOVE. IT SHALL BE A BIDDER’S OBLIGATION TO ENSURE THE TIMELY TENDER OF A BID, AND ALL LATE BIDS WILL BE REJECTED. ALL BIDS MUST CONFORM WITH BID REQUIREMENTS AND INSTRUCTIONS. NO BIDS WILL BE RECEIVED VERBALLY, BY FACSIMILE, BY EMAIL, OR BY METHOD OTHER THAN THE AFORESAID, AND BIDDERS SHALL NOT SEND DUPLICATES OR COPIES OF THEIR BIDS BY ANY OTHER METHOD THAT REVEALS THE CONTENT OF THEIR BID.

2. The Property shall be sold “as is-where is” by Quit Claim Deed, legal description on District’s title to govern. The District makes no representations or warranties with respect to the condition or use of said Property, or compliance with environmental laws and regulations. The Purchaser shall be solely responsible for determining the applicability of any laws, local ordinance, or other regulations which may impact the Property and/or the Purchaser’s contemplated use thereof. The Property is being sold subject to any and all rights of the public and any and all easements, covenants and restrictions shown or not shown by public record. Submission of a bid shall serve as that Bidder’s acknowledgement that: (a) It has received any and all requested or otherwise required property disclosures prior to the date of bid submission; (b) that it was afforded opportunities to inspect the Property and records relating to its condition before the date of bid submission; (c) that it has availed itself, to its satisfaction, of the right to inspect the Property and records relating to its condition prior to the date of bid submission; and (d) that it is satisfied with the Property’s condition and that it is taking the Property in AS-IS / WHERE-IS condition. Records relating to the Property’s condition, including any and all environmental contaminants known and/or believed to have been located on the Property in the past or currently (if any), are available for inspection and/or copying by contacting the District’s Director of Finance during regular business hours at the District’s administrative office.

3.Questions regarding the Property should be directed to Brett Allen, Superintendent, [email protected].

4. The District will not be responsible for paying any real estate brokers’ commission.

5. By submitting a bid, a Bidder accepts the terms of the sale as contained herein and in the Board of Education’s Resolution dated February 20 , 2024, incorporated herein by this reference as if set out in full, expressly including the terms and provisions of this Notice and the Purchase and Sale Agreement attached to said Resolution. Copies of said Resolution and Purchase and Sale Agreement are available by contacting the District’s Financial Coordinator during regular business hours at the Districts administrative office.

6. District reserves the right to reject any or all bids tendered, to waive irregularities, or to cancel or reschedule the bid submission deadline and/or bid opening.

7. Upon presentation by the District, the highest Bidder shall immediately execute the Purchase and Sale Agreement with the District subject to the terms and conditions as set forth in the Board of Education’s Resolution dated February 20 , 2024 and this Notice of Public Sale.

8. The closing date on any resulting sale shall be scheduled by the District and successful Bidder. If the successful Bidder fails to pay the balance due upon closing, the Bid Deposit and Earnest Money paid shall be forfeited and retained by District, and District may resell the Property. Possession shall be delivered to Buyer at closing.

9. The District may request assurances and proof satisfactory to the District of the bidders’ ability to purchase the property. Failure of the Bidder to produce same, to District’s satisfaction as measured solely by District, will permit District to terminate sale to said Bidder.

10. The Property will be available for inspection, upon District’s receipt of reasonable written request, prior to the bid submission deadline.

11. Upon notification that a Bidder was the high bidder and approved, that Bidder shall tender to the District a “Bid Deposit” which shall be in the amount of Ten Percent (10%) of the Bidder’s successful bid amount. The successful Bidder’s Bid Deposit shall be credited to the sale price or otherwise retained by the District, as set forth in the Purchase and Sale Agreement.

12. The successful Bidder, upon notification and demand by the District ,shall sign the Purchase and Sale Agreement as approved by The Board of Education and shall, at that time, tender as “Earnest Money” (via cashier’s check, money order, or other method approved by the District) an additional Ten Percent (10%) of the Bidder’s bid amount to the District, which Earnest Money shall be credited to the sale price or otherwise retained by the District, as set forth in the Purchase and Sale Agreement.

Approved by:

Board of Education

Staunton Community Unit School District No. 6

of Macoupin and Madison Counties, Illinois

Date: February 20 , 2024