Notice of Sale Vacant parcels at 3217 & 3221 Grant Line Road, New Albany, Indiana 47150 currently owned by the City of New Albany, New Albany Redevelopment Commission is being offered for the sale to interested persons through the submission of a sealed written offer (bid), for the real estate described as follows: 3217 & 3221 Grant Line Road, New Albany, Indiana 47150 SW 1 /4 23-2-6; .37 AC. 10 X 200' STRIP .04 AC. #31 Parcel Number: 22-05-02-300-110.000-008 Legal Description: SW 1 /4 23-2- 6; .54 AC. Parcel Number: 22-05-02-300-109.000-008 Minimum Asking Price $327,500 Sealed written offers to purchase must be submitted on the prescribed Bid Form available in the Office of Redevelopment, Room 325, City-County Building, 311 Hauss Sq., New Albany, IN 47150, between the hours of 8:00 a.m. to 4:00 p.m., Monday through Friday. The sealed offers will be accepted until 2:30 p.m., local time, October 25, 2016, in Room 325, City-County Building, 311 Hauss Sq., New Albany, IN 47150 at which time the offers will be opened and read aloud at the Commission's regular meeting. No price less than the minimum asking price will be considered. All information provided by the bidder is subject to verification. Terms of Sale: Terms of payment subject to approval of the New Albany Redevelopment Commission. Persons that currently owe delinquent taxes and/or liens to the City of New Albany or Floyd County need not submit a bid. The Commission will require a purchase agreement to be executed with the successful bidder at which time a good faith deposit of $500 shall be submitted. The agreement may provide for liquidated damages, the right to repurchase, or other rights and remedies if the bidder fails to comply with the agreement. Offers may be subject to buyer financing. A bid submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each: 1. Beneficiary of the trust; and 2. Settlor empowered to revoke or modify the trust The New Albany Redevelopment Commission reserves the right to reject any and all bids submitted. If you have any questions, please contact the Department of Redevelopment, Monday through Friday, 8:00 a.m. to 4:00 p.m., at (812)-948-5333. hspaxlp
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