Bid# 16-S/P-77 Surplus Sale of Adjudicated Property Located at 1188 HWY 665, Montegut, LA 70377 (100%) (Parcel # 32703) Attachment: Invite.pdf 
Louisiana > Terrebonne Parish Consolidated Government
Solicitation: 89643860
 

Forward Auction Information
Surplus Sale of Adjudicated Property
 
Bid# 16-S/P-77
Surplus Sale of Adjudicated Property Located at 1188 HWY 665, Montegut, LA 70377
(100%) (Parcel # 32703)
 
ON THE RIGHT DESCENDING BANK OF BAYOU POINT AU CHIEN. BOUNDED ABOVE BY MARIE LEBOUEF. BOUNDED BELOW BY WILLARD LECOMPTE. HAVING A FRONTAGE 1/2 ARPENT BY DEPTH SURVEY. CB 2339/459.
 
TPCG is selling 100% of the Tax Title of this property.
Date of Adjudication:  July 2, 2013
 
The winning bidder shall be required to give a 6 month final notice to owner(s) of record and all interested parties per La. R.S. 47:2206 and La. R.S. 47:2208.
 
The sale of subject property will be “as is – where is” with no warranties whatsoever as to the quality, condition or fitness for its intended use.
 
A licensed appraiser has appraised this property at a value of $45,300.00.  The minimum bid for this property is $30,200.00, in accordance with La. R.S. 47:2202(A) as determined by appraisal value.
 
Within 48 hours of bidding closure, the winning bidder shall submit the following (forms are available for download below):
 
1. BID SURETY:  the winning bidder shall submit a Certified Check, Cashier’s Check, Money Order or Bid Bond with Power of Attorney (Letters of Credit WILL NOT be accepted) in the amount of twenty percent (20%) of the proposed price made payable to Terrebonne Parish Consolidated Government.  Failure to do so will result in the bid being declared irregular and shall be cause of rejection.  Should the highest bidder not proceed with the purchase of the property awarded; this amount WILL NOT be refunded.
2.HOLD HARMLESS FORM
3.CODE OF ETHICS FORM
4.NOTICE TO ALL BIDDERS, PURCHASERS, and ACQUIRERS OF ADJUDICATED PROPERTY FORM:  Recently Louisiana has passed new laws requiring purchasers of adjudicated property to notify parties who may have had an interest in the property of their rights of redemption.  Terrebonne Parish Consolidated Government has not and will not perform these notice requirements; thus, should your bid be accepted as the winning bid, it will be your responsibility to do so.  Copies of the laws and sample forms for notification are attached.  Terrebonne Parish Consolidated Government encourages bidders to consult legal counsel regarding Louisiana law on adjudicated property.
 
Terrebonne Parish Consolidated Government (TPCG) will make the final decision regarding the award of the bid within forty-five (45) days after the end of the auction.  TPCG reserves the right to reject all bids for just cause in the best interest of Terrebonne Parish.  In the event the bid is awarded, a formal written notice of the award of the bid will be given to the highest responsible bidder who bid according to the instruction to bidders and specifications.
 
The bidder to whom the bid is awarded shall, within ten (10) days from the date of the notice of such award, execute an “Act of Sale” with the Terrebonne Parish Consolidated Government  In the event the bidder fails or refuses to execute an “Act of Sale” with the Terrebonne Parish Consolidated Government within said period of ten (10) days from the date of the notice of award of the bid, TPCG shall have the right to disqualify the said bidder and award the bid to the next highest bidder who bid according to the instructions to bidders and specifications.
 
Satellite imagery and map views of properties offered for sale are provided for reference purposes only and are not indicative of property condition or location.
 
The bidder is invited, urged and cautioned to research the property prior to submitting a bid.  Failure to research the property shall not constitute cause for cancellation of the sale.
 
Note:  You MUST be registered and logged in to view the attached necessary .pdf files.
 
For any questions about this listing, please contact:
 
Amanda Porche, Property Clerk
Terrebonne Parish Consolidated Government/Purchasing Division
301 Plant Road
Houma, LA 70363
(985)873-6765
[email protected]
Solicitation Documents Available for Download


Information:
Listing Creator Username: TPCGSurplus
Viewing period started: 31-Mar-2017 8:00:00 AM CDT
Viewing period ends: 28-Apr-2017 8:00:00 AM CDT ( Expired )
Realtime bidding starts 28-Apr-2017 8:00:00 AM CDT
Realtime bidding ends 01-May-2017 10:45:00 AM CDT
Status Viewing Period
Terms:


Update/Addendum History
All updates/changes are listed below
11-Apr-2017 2:54:23 PM CDT