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<br />Sale # 139575 <br />Conveyance 2010-0083 <br /> <br />TO BE SOLD BY SEALED BID <br />August 8, 2023 <br />395 John Ireland Blvd. <br />St Paul, MN 55155 <br /> <br />BID FORM FOR SALE OF LAND <br />See attached sheets for the legal description and mapping of the land being advertised for sale. <br />The minimum bid that MnDOT will accept is $125,000.00. <br />Sealed bids must be received in Central Office – Rebecca Swenson, Property Conveyance Unit MS632, 395 John Ireland Blvd., St <br />Paul, MN 55155-1800, not later than 1:45 PM, on August 8, 2023, at which time, bids will be publicly opened and read aloud. <br /> <br />All bidders should inspect the property and inform themselves of existing conditions as well as check with city and county officials <br />for zoning and development limitations. Purchaser agrees to pay all assessments (current or delinquent) taxes, closing costs and <br />deferred installments of assessments, if any heretofore or hereafter levied again said real estate. State will pay deed tax only. <br /> <br />The seller does not know of any wells on the property. The State of Minnesota will not furnish an abstract of title to the above <br />described real estate. <br /> <br />The Commissioner of Transportation reserves the right to reject any or all bids and to waive informalities therein. Bids made in <br />pencil will be rejected. <br /> <br />After approval by the Minnesota Department of Transportation, conveyance will be made by quit claim deed to the highest <br />responsible bidder upon full payment of the bid price, which amount must be paid within 45 days of acceptance of the bid. <br /> <br />Failure on the part of the successful bidder to pay the full sale price within 45 days after the acceptance of bid, shall be considered <br />proof that the successful bidder has elected to abandon the purchase, and forfeit the bid security, not as a penalty, but in liquidation <br />of damages sustained by the State of Minnesota as a result of such failure. <br /> <br />Bid security of 10% of the bid in the form of a CERTIFIED CHECK, CASHIER’S CHECK, OR MONEY ORDER must accompany all bids. <br />After the bid openings, the bid securities will be returned to all unsuccessful bidders. <br /> <br />ENCLOSED HEREWITH IS BID SECURITY IN THE FORM OF CERTIFIED CHECK, CASHIER’S CHECK, OR MONEY ORDER (CIRCLE ONE) <br />PAYABLE TO “COMMISSIONER OF TRANSPORTATION” IN THE SUM OF $______________________ <br />WHICH IS 10% OF THE BID PRICE (Personal checks or cash will not be accepted and will cause the bid to be rejected.) <br /> <br />In response to the terms herein specified, the undersigned, if award is tendered, agrees to purchase the property on the attached <br />description sheet at the bid price quoted below. <br /> <br />Amount of Bid $______________________________ <br /> <br /> <br />Printed name and Signature of bidder Date <br /> <br />Address of Bidder E-Mail of Bidder Phone Number <br /> <br />Bidders are notified to submit their bid(s) in a regular envelope. It must have in BOLD in the left lower corner “BID ENCLOSED” along <br />with the bid number and bid opening date. The envelope should also contain a return address. Forms may be downloaded from <br />http://www.dot.state.mn.us/row/propsales.html <br /> <br />Enclose all the following in an envelope marked “BID ENCLOSED” along with the sale number and your return address <br />1. This sheet, signed by the bidder with the amount of the bid <br />2. Non-collusion affidavit, signed and notarized <br />3. Bid security (certified check, cashier’s check, or money order made payable to “Commissioner of Transportation” <br />139