City of Shelbyville recently issued the following announcement.
Notice of Sale of Property
Notice is hereby given that the City of Shelbyville Redevelopment Commission (the “Commission”), on the 4th day of April, 2022, at 6:00 p.m. (local time), in the Council Chambers at Shelbyville City Hall, 44 W. Washington Street, Shelbyville, Indiana, will open and consider written offers for the purchase of certain real estate (the “Real Estate”) generally located at 49 Public Square in the City of Shelbyville, Indiana.
Each bid must be in conformance with the requirements set forth in the Offering Sheet which will be made available to prospective bidders as described below. Each bid must specify the bidder’s proposed use of the Real Estate.. All bids must be for the purchase of 49 Public Square at a minimum purchase price of $292,500. Each bid must specify when construction will begin and must be no later than 365 days from closing.
Any bid submitted by a trust (as defined in Indiana Code 30-4-1-1(a)) must identify each (a) beneficiary of the trust, and (b) settlor empowered to revoke or modify the trust.
At the time and place stated above, all written offers received by the Commission will be publicly opened and considered by the Commission.
The Commission has caused to be prepared and will have available for examination and use by all interested persons, in the office of the City Attorney, Shelbyville City Hall, 44 W. Washington Street, Shelbyville, Indiana 46176, or via email at jmeltzer@cityofshelbyvillein.com the following:
Instructions to Bidders
Offering Sheet
The Commission reserves the right to reject any offers and to make the award to the highest and best bidder. In determining the best offer, the Commission shall take into consideration the factors set forth in Indiana Code 36-7-14-22.
Original source can be found here.
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