Tuesday, October 13, 2015

Land for Sale - Land for Sale

York Public Schools is seeking sealed bids for the 24.95 acre tract of non-irrigated farm ground physically located east of York Middle School on the east side of Maine Avenue in York, Nebraska.

Parcel ID# - 930194527
Legal Description – Lot 2 BLK 1 & Lot 2 BLK 2 York Public Schools ADD City of York
Map # - 3295-00-0-10881-002-0001

Description:
• According to the Soil Map, the entire area is comprised of Hastings Silt Loam, 0-1 percent slope.
• The sale of the property is subject to an existing lease agreement which expires on March 1, 2016.

Sealed bids will be accepted through 4:00 PM CST on Tuesday, December 1st. No bids under $190,000 will be considered. Bids can be mailed or dropped off to:
Mike Lucas – Superintendent
York Public Schools
1715 N. Delaware Avenue
York, NE 68467

The School Board shall have the right to refuse any and all bids for the property. Upon the Board’s acceptance of any bid, the successful bidder will be required to enter into a Purchase Agreement for the purchase of the above-described property on the terms and conditions described therein and at the Board’s discretion.

The Purchase Agreement may provide: (1) that the School District and the Buyer will each pay one-half of the cost of an owner’s title insurance policy which shall show marketable title in the School subject only to easements and restrictions of record and subject to building and use restrictions of the City, County and the State of Nebraska; (2) that the School Board will provide the Buyer a Warranty Deed to the premises; (3) that no real estate taxes for 2014 or any prior year are owed on the subject property; (4) the property has been classified as exempt with regard to 2015 real estate taxes, (5) that ten percent (10%) of the purchase price will be payable immediately upon signing of the Purchase Agreement; and (6) the balance of the purchase price will be paid in full at the closing which shall occur at the School District Office on a date and time to be determined by the parties to the Agreement.

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