Specifications include, but are not limited to: The City of Minot, North Dakota is requesting sealed bids for land acquired by the City as part of a Spot Blight (Zombie Homes) eradication program. Structures on these properties have been demolished and site restored to grade level with grass. Pursuant to HUD rules and regulations, these properties are being offered for use under two options which are: 1. Urgent Need National Objective which means there will be a deed restriction in perpetuity for use of the property prohibiting any permanent structure to be built. There will also be a requirement that any other type of improvement to the site will require approval of the City’s Flood Plain Manager (examples of acceptable uses are lawns, landscaping, gardens) or 2. Low/Moderate Income (LMI) National Objective which means there must be built on the property consistent with Minot’s rules and ordinances a single-family home elevated to one (1) foot above base flood elevation determined by FEMA and home must be sold to and occupied by a LMI qualified purchaser for occupancy below a price cap set by HUD and North Dakota at the time the house is built (cap periodically changes) with the most recent cap $311,979. Land is being offered “as is” condition as part of this auction. Assessment of the land for property tax and any related purpose once ownership is conveyed to the successful bidder will be based on standards set by the City Assessor based on use of the land and/or any improvements which are authorized.
