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TERMS:
- This is a two round auction process.
All persons wishing to bid must turn in a sealed bid first.
Those bidders will have an opportunity to increase their bid
at the live auction on Wednesday, Sept. 26th. If there are
no advances at the live auction, the highest sealed bid(s)
will stand as the high bid.
- All sealed bids must be mailed or hand delivered on or before
Tuesday, September 25th at 5:00 p.m. to Kurt Kiefer Auctioneers,
23 Broadway, 2nd Floor, Fargo, ND 58102. Phone is (701) 365-1000.
Sealed bids must include the bidder form AND $1,000 deposit
per parcel ($2,000 if bidding on both parcels). The deposits
will be returned to unsucessful bidding immediately following
the auction.
- The oral portion of the auction will be held at 11:00 am
SHARP! on Wednesday, September 26th at the offices of the
Auctioneers at 23 Broadway, Fargo, ND. The auction will be
brief, so be on time.
- Closing will be as soon as buyer(s) is able but not later
than October 31, 2007. The current lease runs thru Dec. 31,
2007 and will be assigned to the new buyer. The current year
lease payment will be kept the sellers. The 2006 taxes due
in 2007 will be paid by the seller. |