Nappanee Redevelopment
March 12, 2021 at 3:43 p.m.
By -
OF SURPLUS NAPPANEE REDEVELOPMENT COMMISSION OWNED REAL ESTATE AND (B) RECEIPT OF BIDS FOR POSSIBLE
SALE OF SUCH SURPLUS REAL ESTATE
TO: Citizens of the City of Nappanee, Indiana
Notice is hereby given that the Nappanee Redevelopment Commission will conduct a public hearing at 7:00 a.m. (or as soon thereafter as their business schedule will allow) on Tuesday, April 27, 2021 at 302 W. Market Street, Nappanee, Indiana 46550, to consider the sale or disposition of the following described parcel of surplus real estate owned by the City of Nappanee Redevelopment Commission.
Notice is also herewith given that the Nappanee Redevelopment Commission will receive written bids/proposals up to the hour of 7:00 a.m. on Tuesday, April 27, 2021 at 302 W. Market Street, Nappanee, Indiana 46550 (or prior to the meeting on April 27, 2021 in the Nappanee Redevelopment Commission offices at the same address) for the sale of the following described parcel of surplus real estate owned by the Nappanee Redevelopment Commission.
This Notice is given pursuant to the provisions of Indiana Code §§ 36-1-11-1 et seq., 36-7-14 et seq., and 5-3-1-1 et seq.
The below described parcel has been determined to be surplus real estate by the Nappanee Redevelopment Commission.
The purpose of the scheduled public hearing is to receive public input on the propriety, benefits, and/or negatives of selling the hereinafter described Parcel. No formal decision to sell the same has been made to date by the Nappanee Redevelopment Commission. Interested persons will be allowed to speak and present evidence and materials at the public hearing set for April 27, 2021 at 7:00 a.m.
At the conclusion of the public hearing relative to the possible sale of the surplus parcel, the Nappanee Redevelopment Commission may continue the hearing to a subsequent date; may determine not to sell the parcel; may determine to sell the parcel; and may determine to proceed with the opening and processing of bids/proposals submitted by interested parties relative to the sale and purchase of the parcel.
As to the parcel hereinafter described, the Nappanee Redevelopment Commission has secured appraisals as required by I.C. §§ 36-1-11 and 36-7-14 et seq.
Any party wishing to make a proposal to purchase the parcel hereinafter described shall submit a written proposal to the Nappanee Redevelopment Commission at or before 7:00 a.m. on April 27, 2021. Each such proposal must include any and all information deemed pertinent by the proposing party, but at a minimum, include the following:
A. Formal name, address, telephone number, and contact person for the proposing party, together with fax number and email address if available;
B. A summary of the planned use and development of the parcel for which the proposal is submitted.
The Nappanee Redevelopment Commission reserves the right to initiate and perpetuate discussions and negotiations with one or all parties making proposals as to the parcel. The Nappanee Redevelopment Commission is under no duty to sell the parcel, or any portion thereof, to any person or party, and the Nappanee Redevelopment Commission may reject any and all proposals/bids. The Nappanee Redevelopment Commission may insist upon certain use restrictions, development criteria, or other standards deemed in the best interests of the Nappanee Redevelopment Commission, to include currently existing or hereafter established standards or criteria to be imposed upon the title to the parcel, and to run with the land and be binding upon any purchaser of the same, or subsequent users or owners of such. The Nappanee Redevelopment Commission reserves the right to not only receive bids on or before 7:00 a.m. on April 27, 2021 as aforedescribed, but to continue the sale of the parcel from day to day thereafter for a period not to exceed sixty (60) days. All bids/proposals, by applicable law, must be open to public inspection. A bidder may raise his/her bid/proposal, and any raised bid/proposal shall take effect after the Nappanee Redevelopment Commission gives written notice of such raise to any other bidder/proposers. The Nappanee Redevelopment Commission may determine to accept or take a given bid/proposal, and may sell the parcel to the highest and best bidder, in the discretion of the Nappanee Redevelopment Commission, before expiration of the sixty (60) day time frame herein set forth. The highest and best bidder must have complied with all criteria set forth within this Notice, and with applicable Indiana law; and the Nappanee Redevelopment Commission may sell the parcel for less than ninety percent (90%) of the appraised value of such parcel only after having an additional Notice of the sale published. The surplus parcel which is the subject of the public hearing on April 27, 2021 at 7:00 a.m. and subject to the bid/proposal process, should the Nappanee Redevelopment Commission determine to proceed with the sale of such parcel, is described as follows:
Lot Number Six (6) in Highland Addition to the City of Nappanee, Indiana.
Being Tax Code Number 20-14-31-260-014.000-029.
Commonly known as 1052 East Market Street, Nappanee, IN 46550.
Subject to public rights-of-way, easements, and restrictions of record.
Subject to existing restrictions or limitations relative to the parcel, or others negotiated and imposed by the Nappanee Redevelopment Commission, the Nappanee Redevelopment Commission shall convey fee simple title to the parcel consistent with any accepted bid by appropriate Warranty Deed and shall provide competent title insurance commitment, in the amount of the ultimate successful proposal/bid, insuring title to the parcel, subject to such limitations and restrictions, together with easements, public rights-of-way, and other standards or limitations already of public record. If the parcel does not sell by the bid/proposal method, the Nappanee Redevelopment Commission may proceed to engage a broker or otherwise market/sell the parcel by the standards of I.C. 36-1-11 and 36-7-14 et seq.
The parcel may not be sold to a person, or an agent of such person, who is ineligible under Indiana Code Section 36-1-11-16 which includes a person who owes delinquent taxes, special assessments, penalties, interests, or costs directly attributable to a prior tax sale on a tract of real property under Indiana Code Section 6-1.1-24. A bid submitted by a trust must identify each beneficiary of the trust and each settlor empowered to revoke or modify the trust. The Nappanee Redevelopment Commission may also engage an auctioneer licensed under Indiana Code Section 25-6.1 to conduct the sale by public auction. An auction may be conducted either at the time for beginning the sale in accordance with this public notice or after the beginning of the sale. If an auction is conducted, the Nappanee Redevelopment Commission will give each bidder who has submitted a bid written notice of the time and place of the auction.
Nappanee Redevelopment Commission
3-18,25 hspaxlp
OF SURPLUS NAPPANEE REDEVELOPMENT COMMISSION OWNED REAL ESTATE AND (B) RECEIPT OF BIDS FOR POSSIBLE
SALE OF SUCH SURPLUS REAL ESTATE
TO: Citizens of the City of Nappanee, Indiana
Notice is hereby given that the Nappanee Redevelopment Commission will conduct a public hearing at 7:00 a.m. (or as soon thereafter as their business schedule will allow) on Tuesday, April 27, 2021 at 302 W. Market Street, Nappanee, Indiana 46550, to consider the sale or disposition of the following described parcel of surplus real estate owned by the City of Nappanee Redevelopment Commission.
Notice is also herewith given that the Nappanee Redevelopment Commission will receive written bids/proposals up to the hour of 7:00 a.m. on Tuesday, April 27, 2021 at 302 W. Market Street, Nappanee, Indiana 46550 (or prior to the meeting on April 27, 2021 in the Nappanee Redevelopment Commission offices at the same address) for the sale of the following described parcel of surplus real estate owned by the Nappanee Redevelopment Commission.
This Notice is given pursuant to the provisions of Indiana Code §§ 36-1-11-1 et seq., 36-7-14 et seq., and 5-3-1-1 et seq.
The below described parcel has been determined to be surplus real estate by the Nappanee Redevelopment Commission.
The purpose of the scheduled public hearing is to receive public input on the propriety, benefits, and/or negatives of selling the hereinafter described Parcel. No formal decision to sell the same has been made to date by the Nappanee Redevelopment Commission. Interested persons will be allowed to speak and present evidence and materials at the public hearing set for April 27, 2021 at 7:00 a.m.
At the conclusion of the public hearing relative to the possible sale of the surplus parcel, the Nappanee Redevelopment Commission may continue the hearing to a subsequent date; may determine not to sell the parcel; may determine to sell the parcel; and may determine to proceed with the opening and processing of bids/proposals submitted by interested parties relative to the sale and purchase of the parcel.
As to the parcel hereinafter described, the Nappanee Redevelopment Commission has secured appraisals as required by I.C. §§ 36-1-11 and 36-7-14 et seq.
Any party wishing to make a proposal to purchase the parcel hereinafter described shall submit a written proposal to the Nappanee Redevelopment Commission at or before 7:00 a.m. on April 27, 2021. Each such proposal must include any and all information deemed pertinent by the proposing party, but at a minimum, include the following:
A. Formal name, address, telephone number, and contact person for the proposing party, together with fax number and email address if available;
B. A summary of the planned use and development of the parcel for which the proposal is submitted.
The Nappanee Redevelopment Commission reserves the right to initiate and perpetuate discussions and negotiations with one or all parties making proposals as to the parcel. The Nappanee Redevelopment Commission is under no duty to sell the parcel, or any portion thereof, to any person or party, and the Nappanee Redevelopment Commission may reject any and all proposals/bids. The Nappanee Redevelopment Commission may insist upon certain use restrictions, development criteria, or other standards deemed in the best interests of the Nappanee Redevelopment Commission, to include currently existing or hereafter established standards or criteria to be imposed upon the title to the parcel, and to run with the land and be binding upon any purchaser of the same, or subsequent users or owners of such. The Nappanee Redevelopment Commission reserves the right to not only receive bids on or before 7:00 a.m. on April 27, 2021 as aforedescribed, but to continue the sale of the parcel from day to day thereafter for a period not to exceed sixty (60) days. All bids/proposals, by applicable law, must be open to public inspection. A bidder may raise his/her bid/proposal, and any raised bid/proposal shall take effect after the Nappanee Redevelopment Commission gives written notice of such raise to any other bidder/proposers. The Nappanee Redevelopment Commission may determine to accept or take a given bid/proposal, and may sell the parcel to the highest and best bidder, in the discretion of the Nappanee Redevelopment Commission, before expiration of the sixty (60) day time frame herein set forth. The highest and best bidder must have complied with all criteria set forth within this Notice, and with applicable Indiana law; and the Nappanee Redevelopment Commission may sell the parcel for less than ninety percent (90%) of the appraised value of such parcel only after having an additional Notice of the sale published. The surplus parcel which is the subject of the public hearing on April 27, 2021 at 7:00 a.m. and subject to the bid/proposal process, should the Nappanee Redevelopment Commission determine to proceed with the sale of such parcel, is described as follows:
Lot Number Six (6) in Highland Addition to the City of Nappanee, Indiana.
Being Tax Code Number 20-14-31-260-014.000-029.
Commonly known as 1052 East Market Street, Nappanee, IN 46550.
Subject to public rights-of-way, easements, and restrictions of record.
Subject to existing restrictions or limitations relative to the parcel, or others negotiated and imposed by the Nappanee Redevelopment Commission, the Nappanee Redevelopment Commission shall convey fee simple title to the parcel consistent with any accepted bid by appropriate Warranty Deed and shall provide competent title insurance commitment, in the amount of the ultimate successful proposal/bid, insuring title to the parcel, subject to such limitations and restrictions, together with easements, public rights-of-way, and other standards or limitations already of public record. If the parcel does not sell by the bid/proposal method, the Nappanee Redevelopment Commission may proceed to engage a broker or otherwise market/sell the parcel by the standards of I.C. 36-1-11 and 36-7-14 et seq.
The parcel may not be sold to a person, or an agent of such person, who is ineligible under Indiana Code Section 36-1-11-16 which includes a person who owes delinquent taxes, special assessments, penalties, interests, or costs directly attributable to a prior tax sale on a tract of real property under Indiana Code Section 6-1.1-24. A bid submitted by a trust must identify each beneficiary of the trust and each settlor empowered to revoke or modify the trust. The Nappanee Redevelopment Commission may also engage an auctioneer licensed under Indiana Code Section 25-6.1 to conduct the sale by public auction. An auction may be conducted either at the time for beginning the sale in accordance with this public notice or after the beginning of the sale. If an auction is conducted, the Nappanee Redevelopment Commission will give each bidder who has submitted a bid written notice of the time and place of the auction.
Nappanee Redevelopment Commission
3-18,25 hspaxlp
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