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HomeMy Public PortalAboutr 95:306No. 95-q;06 Dale o1' Adoplhm September 21 1995 AUTItORIZING THE SALE OF BOROUGH OWNED PROPERTY- WHEREAS, the Borough is in possession of Real Property which the BOrough has acquired through foreclosure or other means and which have no legitimate public use; and WltEREAS, the Borough desires to sell said property at public auction on or about October 11, 1995 at 7:00 P.M.; and WHEREAS, said property is more accurately identified as follows: Block 121 Lot 5 Block 273 Lot 11 Block 268 Lot 9 Block 268 Lot 10 Block 117 Lot 3 Block 117 Lot 12 Block 250 Lot 13 Block 208 Lots 6.01 and 6.02 NOW, THEREFORE, BE IT RESOLVED that the Borough shall hold a public auction on or about October 11, 1995 at 7:00 P.M. at the Carteret Municipal Court, 230 Roosevelt Avenue, for the sale of the aforementioned property. BE IT FURTltER RESOLVED that the successful bidder agrees to reimburse the Borough the amount disbursed for Title Report, Advertising Fees and Preparation of Deed and Affidavit of Title. BE IT FURTHER RESOLVED that all successful bidders shall be required to deposit 10% of the bid price in cash or certified funds at the time thee bid is accepted BE IT FURTHER RESOLVED that said sale shall be advertised at least once a week during two consecutive weeks, the last being not earlier than seven days prior to October 11, 1995, in the official publication of the Borough. BE IT FURTItER RESOLVED that the Borough shall fix minimum prices for each property at 75% of certified appraisal and shall have the right to reject any and all bids submitted within 15 days of submission of said bid. Adopted this 21 st day of September, 1995· and certified as a true copy of the original on September 22, 1995. KATHLEEN M. BARNEY, Municipal Clerk SUSAN E. JACKL1N, Asst. Municipal Clerk .................................... RIgC. ORD. O Ir. GO-UNCIL.¥ OTE ........................................ COUNCII.;MAN .......... y.E.S-.[~-. NVTT. .A;B;.tl ........ COIJNG I I:,I~,IAN ........ BmO , 0g ........ I"X'"'I ........................ 11'" .................... I"X"q ................ X - I.dicale Vole AB - Abscut N V - Not VolJug XOR - ludkales Vote lo Overrule Veto Adopted nl a meeting of Ihe Municipal Cou.cil September 21, 1995 As~stant