Specifications include, but are not limited to: A. Property Details. The property has a home on about .21 ac. The property is located in the Urban Residential Zone. B. Legal Description. The parcel is Map U11 Lot 14 Book 4626 Page 65. All information provided by the Town should be independently verified. C. Terms and Conditions of Sales. The sale of this property will be subject to, but not limited to, the following conditions: 1. Minimum Bid. The town reserves the right to reject any and all proposals to purchase the property without further notice to the bidder. The minimum bid will be set at $30,000 for the property and an additional $5,000 to be held in escrow until the lot is cleaned up and signed off by the Code Enforcement Officer. The escrow must be a separate line in the bid and does not count toward the purchase of the property. Escalating bids will not be considered. 2. Opportunity for Inspection. Bidders are welcome to visit the property at their own risk, for surveying, testing, inspecting, or investigating the property to determine if the property is suitable for the purpose.
