|FORMER BULT OIL SITE FOR SALE
Offering Price $105,250.00
Located at 2606 Garfield, 2608 Garfield, 2609 Condit, & 2605 Condit North of Highway Avenue and West of Kennedy Avenue in Highland, Indiana.
Highland Redevelopment Commission at 219-972-7598 or email at email@example.com for additional information. You can view the new Architectural and Design Standards and Guidelines that apply to this area online at this site. They are also available for viewing at the Municipal Building located at 3333 Ridge Road from 8:30AM to 4:30 PM.
PROPERTY FOR SALE
According to Indiana Code 36-7-14-22(c), the Highland Redevelopment Commission shall prepare an offering sheet showing parcels to be offered and the offering price for a public sale of real property. Therefore, the Commission has resolved to offer for sale the former Bult Oil site located at 2606 Garfield, 2608 Garfield, 2609 Condit, and 2605 Condit Streets. The parcel numbers are: 45-07-21-327-001.000-026, 45-07-21-327-002.000-026, 45-07-21-327-007.000-026, and 45-07-21-327-006.000-026. The offering price is $105,250.00. Limitations on the use of the property will be governed by the Architectural and Design Standards and Guidelines for the Redevelopment Area. The Design Standards and a map of the area can be viewed by going to the Redevelopment Department at the Municipal Building located at 3333 Ridge Road, Highland, Indiana, or by viewing these items at their website, www.highland.in.gov .
Offers on the property must be in writing, placed in a sealed envelope, and addressed to the Highland Redevelopment Commission. It must include the bid price, the identity of the bidder, and if the bidder is a trust, the beneficiaries of the trust must be identified. Offers may consist of cash or other property, or a combination of cash and other property. However, with respect to property other than cash, “the offer must be accompanied by evidence of the property’s fair market value that is satisfactory to the Commission in its sole discretion” (IC 36-7-14-22(e)).
Bids will be opened on April 14, 2010, at 7:00 PM at the Commission’s regular public meeting. All offers will be open for inspection at the Redevelopment Department for thirty days following the opening. The Commission may reject any bids and may make an award to the highest and best bidder. Once the Commission has narrowed its initial selection, it will meet with those bidders to determine each bidder’s proposed plans and ability to improve the property; and, the Commission will be looking to see if the bidder’s plans will further the execution of the redevelopment plan and best serve the interest of the community, from the standpoint of both human and economic welfare.
For information on the property or questions, please contact The Redevelopment Director at 219-972-7598 or email at firstname.lastname@example.org.