RE 74-31
Rev. 10/2008
STATE OF OHIO
DEPARTMENT OF TRANSPORTATION
NOTICE OF SALE BY SEALED BID
RE 74-31
Rev. 10/2008
STATE OF OHIO
DEPARTMENT OF TRANSPORTATION
NOTICE OF SALE BY SEALED BID
Pursuant to Chapter 5501.34 of the Ohio Revised Code, I will offer by sealed bid to the abutting owners the following tract of excess land located in Ross County, Ohio . Sealed bids can be submitted by completing the included RE 79-2 form.
Parcel(s) to be offered for sale:
RE 74-31
Rev. 10/2008
STATE OF OHIO
DEPARTMENT OF TRANSPORTATION
NOTICE OF SALE BY SEALED BID
Parcel 13 E1, Ross County, Green Township, Section 10, Auditor’s Parcel Number: 140110101000, consisting of 3.291 acres appraised at $1,155.00 with bidding starting at $1,155.00. A security deposit of $115.00 is required with bid submittal. This parcel does not have road access.
For additional Sale information, please contact:
Ohio Department of Transportation, District Nine
650 Eastern Avenue, P.O. Box 467
Chillicothe, Ohio 45601
Douglas Pack, Real Estate Administrator, (740-774-9062)
Emma Vanmeter, Realty specialist (740-774-9074)
RE 74-31
Rev. 10/2008
STATE OF OHIO
DEPARTMENT OF TRANSPORTATION
NOTICE OF SALE BY SEALED BID
ADDITIONAL TERMS OF SALE: Security deposit must be made in the form of a certified check, official bank check, or money order (personal check or cash is unacceptable) with bid submittal. Make remittance payable to: “Treasurer, State of Ohio”. The security deposit will be applied against the full purchase price of the property. Unsuccessful bidders will receive their deposit back per RE 79-2 Section 7. The balance of the purchase price is due and payable on delivery of the Governor’s Deed. It is anticipated the Governor’s Deed will be available for delivery to the successful bidder within 70 to 80 days from the date of the sale or as soon thereafter as possible.
Under no circumstance may the individual, firm, or corporation who has been declared the successful bidder advertise the property for sale to a third party until the Governor’s Deed has been delivered to the successful bidder. Violation of this requirement may, at the option of the Grantor, result in the forfeiture of the deposit money and cancellation of the sale.
The successful bidder will be required to sign a “Contract of Purchase” and “Non-Collusion Affidavit”, within 2 business days of the bid opening. These forms will be provided by the Ohio Department of Transportation. The successful bidder not present at the bid opening will be notified by telephone of their bid acceptance. If these forms are not signed within 2 business days the District may disqualify the successful bidder and the deposit shall be retained by ODOT as liquidated damages to cover the cost of resale of the subject parcel.
The Contract of Purchase executed by the successful bidder and agents of the Grantor (State of Ohio) is not binding upon the Grantor until said Contract of Purchase has been approved by an official of the Ohio Department of Transportation.
The Ohio Department of Transportation reserves the right to reject any and all bids on any tract listed for sale. A Non-Collusion Affidavit, Form RE 73-02, must be properly executed by the successful bidder when a Contract of Purchase is signed for a bid to be considered valid.
The Sealed Bid Form, RE 79-2 and the Notice of Sale by Sealed Bid to Abutter(s), form RE 74-31, shall be incorporated in and made part of the final contract between the State of Ohio and the successful bidder.
ODOT property is offered for sale in “as is” condition. It shall be the responsibility of each bidder to inspect and examine the size and condition of each parcel. The descriptions listed are to be used for identification purposes only and are not to be construed as a warranty of any kind.
JERRY WRAY, DIRECTOR
OHIO DEPARTMENT OF TRANSPORTATION