REFERENCE: OR BOOK 123, Page 225-226. THIS CONVEYANCE AND ALL SUBSEQUENT CONVEYANCES, SUBJECT TUESDAY,ARE APRIL 3, 2012TO THER TERMS AND CONDITIONS RELATING TO THE ABOVE REAL ESTATE ESTABLISHED IN PARAGRAPH 8 OF THE THIRD AMENDED CONSENT DECREE DATED AUGUST 20,2002, IN CAUSE NO. 15C01-9902-CP-020 IN THE DEARBORN CIRCUIT COURT ENTITLED HISTORIC LANDMARKS FOUNDATION OF INDIANA, INC. ET AL VS. MELVIN GABBARD, MAYOR OF THE CITY OF LAWRENCEBURG, WHICH REQUIRES THE RETENTION, IN PLACE, IN THEIR ENTIRETIES OF THE HIGH STREE FACADES OF THE BUILDINGS LOCATED ON THE ABOVE REAL ESTATE. Terms and Conditions: The Real Estate is being offered subject to the following terms and condi tions: Offering price: Not less than $289,000.00, in accordance with two (2) independent appraisals of the subject Real Estate. Use: The real estate is subject to existing leases and must be used only in accordance with the applicable zoning code and Indiana statutes. All offers received shall be opened at a public meeting of the Commission and shall be kept open for public inspection. Each offer must state that a bid submitted by a trust and settlor empowered to revoke or modify the trust. The Commission may reject any bids and may make awards to the highest and best bidder. In determining the best bid, the Commission shall take into consideration the following factors: 1. The size and character of improvements proposed to be made by the bidder on the offered property. 2. The bidder's plans and ability to improve the real property with reasonable promptness. 3. Whether the real property when improved will be sold or rented. 4. The bidder's proposed sale or rental price, if any. 5. Any factors that will assure the Commission that the sale, if made, will further the execution of the Plan for the area and best serve the interest of the community for the standpoint of both human and economic welfare. After the opening and consideration of the written offers filed in response to the notice, the Commission may dispose of the remainder, if any, of the available real property whether at public sale or by private negotiation carried on by the Commission, its regular employees, or real estate experts em ployed for that purpose. For a period of 30 days after the opening of the written offers, no sale may be made at a price less than that shown on the offering sheet. After that, the Commission may adjust the offering price in a manner the Commission considers necessary to further the Plan. For further information regarding this offering contact Joseph Votaw, City Attorney, 60 E. High Street, Lawrenceburg, Indiana 47025 (telephone number (812) 537-4500). Date: March 29, 2012 Lawrenceburg Redevelopment Commission C-4-3-JP-2t NOTICE OF OFFER TO CONVEY REAL PROPERTY BY THE LAWRENCEBURG REDEVELOPMENT COMMISSION The Lawrenceburg Redevelopment Commission ("Commission") will open and consider written offers for the purchase of the real property described below at 5:00 p.m. (Local Time) on the 23rd day of April, 2012, in the City Council Chambers, 230 Walnut Street, Lawrenceburg, Indiana 47025. At that time the Commission will open and consider any offers received. These offers may consist of consideration in the form of cash, other property, or a combination of cash and other property as long as the offer meets the conditions set forth below. With respect to property other than cash, the offer must be accompanied by evidence of the property's fair market value that is satisfactory to the Commission in its sole discretion. Said bids shall be submitted to the Clerk-Treasurer by 12:00 noon on April 20, 2012. The Commission is offering for purchase the Real Estate located at the 521 Martin Luther King Drive, in Lawrenceburg, Indiana. The Real Estate is more particularly described as follows: CITY OF LAWRENCEBURG: Lots No. 409 and 410 in Eichelberger & Lewis' Addition to the Town, now City, of Lawrenceburg, Indiana. The Real Estate for purchase is being offered subject to the following terms and conditions: Offering price: Not less than $28,000.00, in accordance with two (2) independent appraisals of the subject Real Estate. Use: The real estate must be used for residential construction and only in accordance with the applicable zoning code and Indiana statutes. All offers received shall be opened at a public meeting of the Commission and shall be kept open for public inspection. Each offer must state that a bid submitted by a trust and settlor empowered to revoke or modify the trust. The Commission may reject any bids and may make awards to the highest and best bidder. In determining the best bid, the Commission shall take into consideration the following factors: 1. The size and character of improvements proposed to be made by the bidder on the offered property. 2. The bidder's plans and ability to improve the real property with reasonable promptness. 3. Whether the real property when improved will be sold or rented. 4. The bidder's proposed sale or rental price, if any. 5. Any factors that will assure the Commission that the sale, if made, will further the execution of the Plan for the area and best serve the interest of the community for the standpoint of both human and economic welfare. After the opening and consideration of the written offers filed in response to the notice, the Commission may dispose of the remainder, if any, of the available real property whether at public sale or by private negotiation carried on by the Commission, its regular employees, or real estate experts em ployed for that purpose. For a period of 30 days after the opening of the written offers, no sale may be made at a price less than that shown on the offering sheet. After that, the Commission may adjust the offering price in a manner the Commission considers necessary to further the Plan. For further information regarding this offering contact Joseph Votaw, City Attorney, 60 E. High Street, Lawrenceburg, Indiana 47025 (telephone number (812) 537-4500). Date: March 28, 2012 Lawrenceburg Redevelopment Commission C-4-3-JP-2t
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