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Land Bank Parcels to be sold via Sealed Bid
The Marion Land Bank Program will sell the following parcels of real property via sealed bid (see details below):
Sealed bids will be received on the following properties:
|127 Cayuga||$ 1,200.00 min. bid|
|298 S. High St.||$ 500.00 min. bid|
|419 W. Columbia St.||$ 500.00 min. bid|
|380 Chester St.||$ 500.00 min. bid|
|190 Dix||$ 500.00 min. bid|
|364 Milburn||$ 500.00 min. bid|
|232 Oak St.||$ 500.00 min. bid|
|Structures Available for Offfer:|
|1069 Schuler||$10,000.00 min. bid|
|299 Pearl St.||$10,000.00 min. bid|
Any interested party shall place in a sealed envelope the sum they are willing to purchase the aforementioned property for and deliver said envelope to the Office of the Safety Director located on the 3rd floor of Marion City Hall on or before 12:00 p.m. noon on Tuesday, August 16, 2016. The envelope must be sealed and contain on the outisde in clear legible text the property for which the bid is made. The enclosed writing shall contain the amount of the bid, the submitter's printed name, address and contact telephone number. The successful offer will be required to execute the Land Bank Offer to Purchase Agreement on the date of the sale and will be required to pay the successful bid amount in the form of an escrow payment on the same date to the City of Marion, Ohio.
The Marion Land Bank was created by an act of City Council in 2008 in order to address the non-productive lands and work to putting these nuisance properties back to productive use for the benefit of Marion’s neighborhoods.
The information contained above and related hereto is believed to be true, but is not a warranty of its accuracy. Participants are urged to complete their own due diligence and are advised neither the City of Marion, Ohio or its agents make any assurance whatsoever and buyer assumes full and absolute risk associated with the transaction.
City Safety Director Tom Robbins - 740-387-5865
Law Director Mark Russell - 740-387-4956