STATE OF OHIO
DEPARTMENT OF TRANSPORTATION
NOTICE OF SALE OF REAL ESTATE
Pursuant to Chapter 5501.34 of the Ohio Revised Code, I will offer by public auction the following tract of excess land located in Licking County on Monday August 1st 2016 at 1:00p.m. on the property site known as 7301 Worthington Road, Alexandria, Ohio 43001 doors open at 11:30 AM.
Parcels to be offered for sale:
Parcel 175-E, Licking County, St. Albans Township; Quarter Township 3; Lot 10; Township 2 North; Range 14 West, USML. Known as Auditor Parcel Number 066-317730-00.001, containing 8.551 acres more or less. Appraised at $110,000.00 Security deposit of $11,000.00 required at time of Bid.
For additional Auction information, please contact:
Ohio Department of Transportation District 5
9600 Jacksontown Road
Jacksontown, Ohio 43030
Tammy Brown, Property Manager (740) 323-5423
Laura Philabaum, Real Estate Administrator (740) 323-5421
ADDITIONAL TERMS OF SALE: Security deposit must be made in the form of a cashier’s check or money order at the time of successful bid. Make remittance payable to: “Treasurer, State of Ohio”. The security deposit will be applied against the full purchase price of the property. The balance of the purchase price is due and payable on delivery of the Governor’s Deed. It is anticipated the Governor’s Deed will be available for delivery to the Grantee within 70 to 80 days from the date of the sale or as soon thereafter as possible.
Under no circumstance may the individual, firm, or corporation who has been declared the successful bidder advertise the property for sale to a third party until the Governor’s Deed has been delivered to the Grantee. Violation of this requirement may, at the option of the Grantor, result in the forfeiture of the deposit money and cancellation of the sale.
The Contract of Purchase executed by the Grantee(s) and agents of the Grantor (State of Ohio) on the date of sale, is not binding upon the Grantor until said Contract of Purchase has been approved by an official of the Ohio Department of Transportation, in Columbus, Ohio.
The Ohio Department of Transportation reserves the right to reject any and all bids on any tract listed for sale. A Non-Collusion Affidavit, Form RE 73-02, must be properly executed by the successful bidder for a bid to be considered valid.
ODOT property is offered for sale in “as is” condition. It shall be the responsibility of each bidder to inspect and examine the size and condition of each parcel. The descriptions listed are to be used for identification purposes only and are not to be construed as a warranty of any kind.
Jerry Wray, DIRECTOR
OHIO DEPARTMENT OF TRANSPORTATION