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