Statesville City Property on Fox Avenue and Dorset Place Up for Bid: Details for Local Residents

The City of Statesville is selling a city property at the corner of Fox Avenue and Dorset Place. The property is about 1.3 acres and zoned R-5MF. An initial offer of $12,000 has been made for the property.

The city has set a process for those who want to bid higher for the property. To do this, a sealed bid must be submitted to the City Manager's office within ten days of the sale notice's publication, due by 4:59 PM on April 15, 2024. After ten days, the Deputy City Clerk will open the bids. The highest bid will be the new offer. If there are multiple highest bids, the first one received will be the new offer.

To qualify, a higher bid must be at least ten percent more than the first $1,000 and five percent more than the rest of the offer. This means the minimum next offer is $12,650. A qualifying bid must also include a deposit of five percent of the bid amount, payable in cash, cashier's check, or certified check. If a bid is not accepted or a higher bid is received, the city will return the deposit.

The sale of the property has several conditions. The City Council must approve the final high offer within 30 days after the final bid period. The buyer must pay in cash at closing. The bidder is responsible for any 2024 taxes and all sale and advertisement costs. The closing will happen within thirty days after the Council accepts a bid in an open session.

The City of Statesville can withdraw the property from sale at any time before the final high bid is accepted and can reject all bids at any time. For questions about the property and its sale, contact Matthew Pierce.

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