BID FOR PURCHASE OF BLOCK 45, LOT 1

Agency:
State: New Jersey
Level of Government: State & Local
Category:
Opps ID: NBD14190106899943450
Posted Date: Oct 8, 2017
Due Date: Nov 3, 2017
PUBLIC NOTICE INVITATION FOR BIDS FOR THE SALE BY THE BOROUGH OF PENNS GROVE OF BLOCK 45, LOT 1 (24 West Pitman Street) NOTICE IS HEREBY GIVEN that sealed bids will be received by the Borough of Penns Grove for the purchase of Block 45, Lot 1 on the Penns Grove Tax Map. The terms and conditions of said sale are set forth in the "AGREEMENT " filed with the Borough Clerk which may be obtained from her or by phoning her at 856-299-0098 during normal business hours at her office in the Penns Grove Borough Hall, West Main and State Streets, Penns Grove, New Jersey. Further conditions of bidding and the Sale are set forth in a document entitled " BID CONDITIONS FOR SALE OF BLOCK 45, LOT 1 " which is also on file in the Clerk's office and are available upon request. 1. Each bid shall be submitted in a sealed envelope with name and address of the bidder clearly identified on the outside of the envelope, together with a notation "BID FOR PURCHASE OF BLOCK 45, LOT 1." 2. All bids shall be submitted to the Borough Clerk by 3:00 p.m. on November 3, 2017 at the Penns Grove Borough Hall, West Main and State Streets, Penns Grove, New Jersey, at which time the bids will be opened. 3. Each bid shall be accompanied by a bank certified check payable to the Borough of Penns Grove in the amount of ten (10%) percent or more of the premium that is being bid, as specified in the " BID CONDITIONS FOR SALE OF BLOCK 45, LOT 1 " as a guarantee that if the Agreement for purchase of Block 45, Lot 1 is awarded to said bidder, he will enter into the Agreement therefore and pay the balance of the premium bid. 4. The Borough of Penns Grove reserves the right to reject any and all bids. 5. Acceptance or rejection of the bid or bids shall be made not later than at the second regular meeting of the Borough Council following November 8, 2017, and if no acceptance of a bid or rejection of all bids is made at or before that meeting, all bids shall be deemed to have been rejected. 6. Bidders mailing their bids run the risk of it not being delivered prior to the bid opening in which case the bid will be disqualified. 7. Interested bidders may, by appointment, view the land being sold prior to bidding. 8. The minimum bid that will be accepted is $250.00. 9. The sale of the property may be subject to the Right of First Refusal as set forth in N.J.S.A. 40A:12-13.2. SHARON WILLIAMS, CLERK PENNS GROVE BOROUGH HALL BROAD AND STATE STREETS PENNS GROVE, NEW JERSEY 08069 (856) 299-0098 Cost: $88.12 10/8/2017 1t (4433695)

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