"Surplus" Property For Sale
ORDINANCE NO. 1008, AN ORDINANCE GOVERNING THE SALE OF ADJUDICATED PROPERTY.
......... Section 5: When adjudicated property is declared surplus and a public bid is held, at the time of the bid opening, the declared highest bidder meeting the minimum requirements, if any, shall be required to post a $500.00 deposit within five days of being declared the highest bidder. This is considered to be earnest money and shall be in the form of a certified check or bank money order. If said highest bidder fails to present the $500.00 deposit within the time allowed, the property will be offered to the second highest bidder with the same deposit requirements. Said qualified highest bidder shall be given 45 days from the date of the bid opening to consummate the sale or said qualified highest bidder will forfeit the $500.00 deposit. If the sale is consummated within the 45 day time frame, the $500.00 deposit will be applied toward the purchase price.
*For full ordinance information please check the ordinances section of the website*
The City of Minden is selling the following adjudicated properties through Sealed Bids. Sealed Bids will be received in the