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Legals
Legal Notice
Sale of Real Property at Public Auction
Minerva Local Schools
The Board of Education (“Board”) of the Minerva Local School District (the “School District”), will be holding a public auction for the sale of approximately 11.6 acres of real property owned by the Board and located at Arbor Road, Village of Minerva, Carroll County, Minerva, Ohio, which is a portion of Carroll County tax parcel number 08-0001042.000 (formerly 04-0000310.000) comprised of approximately 11.6 acres (the “Property”). Note-Seller is reserving all mineral rights on said property.
The auction will be held beginning at 6:00 p.m. on Monday, June 24, 2024 (with registration beginning at 5:30 p.m.) and will be conducted at the School District’s Administrative Offices located at 406 East Street, Minerva, Ohio 44657.
Minimum Bid/Method of Sale: The sale shall be subject to a minimum opening bid of Seventy Thousand and no/100 Dollars ($70,000.00). The sale shall be made to the highest bidder, subject to the right of the Board to reject any and all bids. The high bidder may not withdraw his or her bid for a period of 30 days following the date of the auction. Only unconditional bids will be accepted.
Deposit: An earnest money deposit payable in cash or by cashier’s check to the Treasurer of the School District in the amount of $10,000 must be paid by the highest bidder immediately upon conclusion of the auction, to be held as security for faithful performance under the purchase contract offer to be signed by the high bidder immediately following the auction. The high bidder’s deposit will be applied toward the purchase price at closing or will be returned if the Board does not accept the bid.
Other Terms of Sale: After the auction is complete, the high bid is subject to Board approval. The Board has the right to reject any and all bids. If the Board approves the high bid, closing and possession of the Property by the high bidder (the “Buyer”) shall occur on a date mutually agreed upon between the Board and Buyer. The balance of the purchase price will be payable at closing. Buyer shall be responsible for any and all fees related to its purchase of the Property, including but not limited to, any due diligence of the Property, and all title, survey, recording, lot split and governmental fees.
The following items and uses shall be prohibited on the Property and such restrictions shall run with the land:
1) Mobile homes.
2) Scrap yards.
3) Salvage yards or junk yards.
4) Storage and/or parking of vehicles, whether such vehicles are operable or inoperable.
The Property shall be sold on an “AS IS, WHERE IS” basis, with no representations or warranties of any kind given by the Board. The auction shall be further subject to all terms and conditions more specifically outlined in a Terms and Conditions of Sale document, which is available for review by prospective bidders.
Additional Information: Additional information concerning the auction of the property and a copy of the Terms and Conditions of Sale (in accordance with and subject to which all bids will be made) may be obtained at the School District’s administrative offices a week before the auction. For other information pertaining to the auction, or if you are a prospective bidder and want to visually inspect the property by appointment, please contact the District’s Treasurer, Ashley Beaumariage at 406 East Street, Minerva, Ohio 44657; Phone: (330) 868-4942; e-mail address: [email protected]
Published in the c.c. messenger may 8, 2024