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NOTICE TO BIDDERS <br />SALE OF CITY -OWNED PROPERTY <br />Notice is hereby given that the City of South Bend, Indiana, will receive sealed bids a( (he Office of <br />the Board of Publie Works,l3th Floor, County -City Building, Room 1316, 227 West Jefferson, <br />South Bend, Indiana, until the hour of 9:30 a.m., on Monday, April 10, 2006 For the t01lowinL, <br />parcel of real estate located in South Bend, Indiana: - <br />Key No. 18-7043-1694 <br />138 East Dayton <br />Lot 48 of Dubail's 3`1 Addition <br />The minimum accepted bid amount will be $1,000.00 (One Thousand Dollars and no cents). <br />Pursuant to State statute, these properties may not be sold to a person ,,vho Is Ineligible under Sectlol) <br />16 (I.C. 36-1-11-16). <br />Additionally, an offer to purchase property submitted by trust must identify each beneficiary of the <br />trust and settlor empowered to revolve or modify the trust. <br />The City of South Bend will not be responsible for any fees which may be incurred by a purchaser <br />represented by areal estate agency. Bidders will also be responsible for the cost of advertis1110 upon <br />a successful negotiation and sale of the tract. The cost of advertising is estimated at $90.0(1. <br />The Board reserves the right to reject any or all bids or to accept a full or partial award of the bid or <br />bids which, in its judgment, will be to the best interests of the City of South Bend. <br />The Office of the Board of Public Works will record the appropriate Quit -Claim need in [tic_• amc- OI' <br />the successful purchaser with the St. Joseph County Recorder's OPflce. The recording- Iocs i% ill he <br />added to the l final purchase price. <br />BOARD OF PUBLIC WORKS <br />Angela K. Jacob, Clerk <br />Publish Two (2) Times: <br />March 24, 2006 <br />March 31, 2006 <br />Buyer agrees to pay the purcnasc t,L �t c , uu �, •- -- _ _....� ��.•, <br />the tittle of closing. <br />3. Buyer agrees to pay all title and abstract costs involved'in said transaction which it <br />shall desire or request. <br />�l. The conveyance of the aforementioned real properties is made so long as the lots are <br />not used as a building site for purposed of a new, single-family construction site. <br />