LEGAL NOTICE OF PUBLIC AUCTION SALE
BY THE BOARD OF EDUCATION OF THE
NORWOOD LOCAL SCHOOL DISTRICT OF
REAL PROPERTY LOCATED IN
HAMILTON COUNTY, OHIO
Notice is hereby given that the Board of Education of the Norwood City School District (the “Board”), Hamilton County, Ohio, will offer for sale at public auction at 2132 Williams Ave., Norwood, Ohio 45212 at 11:00 a.m. on June 25, 2016, the following real property:
TRACT ONE: Former Allison Elementary School
4300 Allison St., Norwood, OH 45212
Hamilton County Auditor Parcel ID Numbers: 651-0052-0123-90
(approximately 2.10 total acres)
Subject to all legal highways, conditions, easements and restrictions of record.
Method of Sale:
Subject to the right of the Board to reject all bids for any reason, this sale shall be made as-is, by quit claim deed, to the highest bidder(s), but will not be final until written notification of the acceptance of the bid is given by the Board.
The Board shall not accept an offer for the purchase of the property unless it is an amount of at least eight hundred seventy-five thousand and 00/100 dollars ($875,000.00) and is in the form of cash, or a certified or cashier’s check, within the time provided and the conditions of sale referred to below.
Cash, certified or cashier’s check payable to the Board of Education of the Norwood City School District, or a combination thereof, in the amount of ten percent of the bid will be required at time of the public auction, or within two business days thereafter, from the highest bidder(s) as security for good-faith performance should a bid be accepted. The bid deposit will be forfeited as agreed upon liquidated damages upon failure of highest bidder to perform; otherwise, that deposit will be applied as partial payment of the purchase price for the Real Property. No interest shall be paid on the bid deposit.
Additional Information and Conditions of Sale:
Information concerning the sale of the real property and a copy of the “Conditions of Sale” related to the sale of the real property, in accordance with and subject to which all bids shall be made, may be obtained at the Norwood City School District Board of Education offices; 2132 Williams Ave., Norwood, Ohio 45212. Any requests regarding this matter shall be directed to Rob Amodio, Superintendent, Superintendent, at 513-924-2500. The Board reserves the right to reject any and all bids.
NORWOOD CITY SCHOOL
DISTRICT BOARD OF EDUCATION
By: Rob Amodio, Superintendent