5. EDSR 02-11-2013 - Laserfiche WebLink

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CITY OF ELK RIVER NOTICE FOR SEALED BIDS PROPERTY AVAILABLE FOR SALE NORTHSTAR BUSINESS PARK,OUTLOT A,ELK RIVER,MN 55330 Notice is hereby given that sealed bids will be received,publicly opened,and read aloud by representatives of the Economic Development Authority(EDA)for the City of Elk River(City),Sherburne County,MN,at the Elk River City Hall at 13065 Orono Parkway,in said City at 1:30 p.m.on January 9,2013,for the sale of: Outlot A,Northstar Business Park,Elk River,MN 55330 At their November 13,2012,meeting,the City of Elk River Economic Development Authority elected to go out for bid for the sale of Outlot A,Northstar Business Park, Elk River, MN 55330. This property is unbuildable. A site location map of the property can be obtained online at www.elkrivermn.gov or picked up at City Hall at 13065 Orono Parkway, Elk River, Minnesota or sent via regular mail by calling the EDA Executive Director,Annie Decked at(763)635-1042. A public hearing for the sale of this property is anticipated to be held at 5:30 p.m.on January 14,2013,at Elk River City Hall at 13065 Orono Parkway, Elk River MN, 53300 at the regularly scheduled EDA meeting. Bids must be on the basis of cash payment, and no bid will be considered unless sealed and accompanied by a certified check,payable to the EDA for$5,000 as a guarantee that the bidder will,within 30 days after notification of award of the contract,enter into a non-contingent agreement with the EDA for acquisition of the property in the amount of the bid. This deposit will be applied to the purchase price at the time of closing,but will be forfeited if the bidder fails to enter into an agreement to acquire the property or fails to close on acquisition of the property as provided in the agreement. The EDA reserves the right to reject any and all bids,to waive any informalities therein,and to adjourn the contract award meeting to a later date for the purpose of further consideration of the bids and taking action thereon. No bid may be withdrawn after opening of the bids. 2