THE CITY OF WEST JORDAN, UTAH
PUBLIC NOTICE
ADVERTISEMENT FOR BID
OF REAL PROPERTY
The City of West Jordan, Utah (the 'City'), hereby offers for sell to the highest bidder its surplus vacant real property located at 6463 West and 6543 West 7400 South, West Jordan City, Salt Lake County, State of Utah, located in Section 27, Township 2 South, Range 2 West of the Salt Lake Base and Meridian, more particularly described as follows, to wit (the 'Property'):
Parcels E and F, Maple Hills Phase 3, according to the official plat thereof, on file and of record in the office of the Salt Lake County Recorder under Entry Number 10393127, in Book 2008P, at Page 080.
The foregoing tract of land contains 9.68 acres, more or less, and is found under the following Salt Lake County Parcel Numbers: 20-27-427-011 and 20-27-427-012.
The City is selling the Property 'where is' 'as is', with no representations, warranties or guarantees of any kind, including but not limited to the suitability for the successful bidder's intended use.
Title to the Property shall be transferred to the successful bidder by Quit Claim Deed, free and clear of all liens, but shall be subject to the following: 1) All zoning regulations, restrictions, rules and ordinances, land use laws, building restrictions, and other laws and regulations now in effect or hereafter adopted by any governmental authority having jurisdiction; 2) Any state of facts that an accurate and complete ALTA/ASCM survey (with all Table A items) and physical inspection of the property might disclose; 3) Any and all recorded reservations, easements, rights-of-ways, declarations, covenants, conditions, restrictions, encroachments and encumbrances, and all other matters of record or enforceable at law or in equity.
No water rights are included in the sale or transfer of the Property.
The City has no intention of using any title or escrow service company during the course of this transaction. If the winning bidder desires such services, all costs and fees associated with said services shall be at the winning bidder's sole cost and expense. In no event shall the City pay for title or escrow services, nor shall the City pay for any costs or fees associated with this transaction.
The City has not used any third party agents, brokers or finders during the course of this transaction; therefore, no commissions will be paid by the City. If the winning bidder uses any third party agents, brokers or finders, all costs and fees associated with said services shall be at the winning bidder's sole cost and expense.
Sealed bids will be received by the City of West Jordan, City Recorder's Office, City Hall Third Floor, 8000 South Redwood Road, West Jordan, Utah 84088, until 2:00 P.M. on Friday, July 8, 2016, at which time the bids shall be publicly opened and read aloud.
Any bids, modifications, or corrections received after 2:00 P.M. on Friday, July 8, 2016, will be considered late and will not be opened. Any bids submitted by facsimile or email will not be considered.
The minimum bid price shall be One Million Five Hundred Fifty Thousand Dollars and no/100 ($1,550,000.00), which is based on an MAI-certified appraisal of the Property dated January 4, 2016. If two or more of the highest bids are equal, then the winning bid shall be the earliest of the highest bids received. However, the City reserves the right to reject any or all bids.
The winning bidder shall provide a non-refundable payment of $25,000.00 to the City by cash or check within ten (10) calendar days from the effective date of a fully executed real estate contract. The balance of the bid shall be paid within 180 calendar days from the effective date of a fully executed real estate contract. If payment is provided by check, the City shall hold the Quit Claim Deed in escrow in the West Jordan City Attorney's office until the check clears. Upon the City's delivery of the Quit Claim Deed, the winning bidder shall take possession of the property.
Any questions about this advertisement should be directed to David Oka, the West Jordan City Development Director, at (801) 569-5241 or at davido@wjordan.com.
Published this 17th day of June 2016
Melanie S. Briggs, MMC
City Clerk
Notice of Special Accommodations (ADA)
'In accordance with the Americans with Disabilities Act, the City of West Jordan will make reasonable accommodations for participation in the meeting. Request for assistance can be made by contacting the City Clerk at 801-569-5115, providing at least three working days advance notice of the meeting. TTY 711'
Notice of Electronic or Telephone Participation
Electronic or Telephonic Participation may be used if needed from time to time. Public notice will be provided pursuant to UCA 52-4-207