Notice of Proposal to Sell Real Property and Advertisement for Bids    NOTICE IS HEREBY GIVEN that the City of Knoxville proposes to sell, by the taking of sealed bids, two parcels of real property commonly known as 109 West Main Street, Knoxville, IL 61448 (hereinafter, the “property”), further described as follows:   Lot 7 in Block 5 of the Original Town (now City) of Knoxville, commonly known as 109 West Main Street, Knoxville, Illinois.   PIN: 10-28-305-005    The property is vacant and zoned for residential use.  The sale shall be made on the terms and conditions set forth in the Bid Forms available from City Clerk Barbara Kirchgessner, 33 N Public Square, Knoxville, IL 61448. Among these terms and conditions are, without limitation, the following:  1. The minimum bid for sale shall be $2,000.00.  2. The property and all improvements thereto are sold "as is".  3. Seller will not furnish title insurance and the conveyance will be by quitclaim deed.  4. A minimum down payment of One Thousand Dollars ($1,000.00) in the form of a cashier's check made payable to the City of Knoxville must accompany each bid.  5. The balance of the purchase price shall be paid by cashier's check payable to the City of Knoxville at closing.  6. Seller reserves the right to reject any and all bids submitted.  7. The City reserves the right to reject all bids or waive bid irregularities at its sole discretion.  8. The winning bidder shall be entitled to a refund of 50% of the purchase price as a development incentive if a residential improvement, fit for human occupancy, is built on the property within 3 years of closing.  Envelopes containing the bid with a certified check in the amount of One Thousand Dollars ($1,000.00) shall be clearly marked, "Bid for Purchase of 109 West Main Street". Bids must be hand-delivered or mailed to the City of Knoxville, 33 N Public Square, Knoxville, IL 61448 and received no later than December 1, 2025 at 5:00 p.m.  The bids will be opened on December 1, 2025, at the regularly scheduled meeting of the City Council of the City of Knoxville. The meeting is scheduled to begin at 7:00 p.m.