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1988-14013-Order No. 88-040 Recorded 6/29/19880 R E V: IEW E D 88-141013 C�___ Uqt,,��aYNSEL BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DES COVNIX.i--O� An Order for the Sale of Cer- tain Industrial Property 0091 0115 Acquired by Deschutes County. ORDER NO. 88-040 WHEREAS, Deschutes County has acquired title to certain industrial property; and WHEREAS, the real property is no longer in use for County purposes; and WHEREAS, ORS 275.318 authorizes the sale of land located in an area zoned for industrial use; and WHEREAS, ORS 271.530(3)(a) authorizes the sale of such industrial property to be by private or public sale; and WHEREAS, it appears that it is in the best interests of the County to sell the real property described in Exhibit "A", attached hereto and by this reference incorporated herein, and that the minimum price set forth after the description of each parcel, be the minimum price for any said sale; and WHEREAS, the proceeds of such sale shall be deposited in the Industrial Development Revolving Fund of the County; now, there- fore, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ORDER as follows: Section 1. That the Director of Administrative Services hereby is authorized and directed to offer for sale the property described in Exhibit NA", attached hereto an by this reference incorporated herein, on the terms set forth therein, to the highest and best bidders for cash or upon terms, but for not less than the minimum price hereby fixed. Section 2. That the proceeds of such sale shall be depos- ited in the Industrial Development Revolving Fund. 1 ORDER ARROFRAM040 ju, 141988 JUN 3 0 1988 L �04 0091 0116 DATED this day of 1988. A R4cording eecretary 2 - ORDER NO. 88-040 BOARD OF COUNTY COMMISSIONERS OF DZSCHU ES CPOUNZV OREGON "OIS- Ig,,BRTST PRANTE, Commissioner f-11- �4 TOM(T loner 'DIL4'K- MAUDLI14,'dfiairman 0091 0117 ffEXHIBIT A" PUBLIC NOTICE DESCHUTES COUNTY IS ACCEPTING SEALED BIDS FOR THE SALE OF CERTAIN COUNTY -OWNED REAL PROPERTY. Property Description The real property is known as the Deschutes County "old" shop property located at the intersection of E. First Street and Olney Avenue, Bend, Oregon. This property is identified as Deschutes County Assessor's Tax Map 17-12-32AA, Tax Lots 2100, 2200, Parcel 1; 2300, Parcel 2; 2400, Parcel 3; and 2900 and 3000, Parcel 4. The property consists of four parcels with buildings, located in the City of Bend. The properties are all zoned Light Industrial. Terms 1. Minimum bid must be at least 90 percent of the appraised value. 2. A sales commission of 5 percent will be paid if the sealed bid is submitted by a licensed real estate agent. 3. Sale shall be for cash or on terms. If the bid is on terms other than cash, the amount of the down payment must be at least twenty percent (20%) with a term not to exceed 10 years and interest of at least 10% per annum. All bids on terms will be evaluated on the basis of net present value. 4. The County reserves the right to accept or reject any or all bids. 5. The property is to be sold "as isff, subject to easements and encumbrances of record. Conveyance shall be by statutory bargain and sale deed. 6. Closing shall be within 90 days of sale of each lot. Bid Procedures 1. Earnest money agreements must accompany each bid with a check amounting to a minimum of 5 percent of the offer. 2. All bids must be delivered in a sealed envelope to the office of the Deschutes County Board of Commissioners, 1130 N. W. Harriman, Bend, on or before 2:00 p.m. on Tuesday, August 2, 1988. The envelope shall have the words "Bid on County Shop Property" plainly on the outside of it. The Board of Commissioners will review all timely bids. Accep- tance of bids, if any, shall be at the Board's regularly scheduled meeting on August 10, 1988. 0091 0118 3. An appraisal report of the property is available for review at the Board of County Commissioners' office, 1130 N. W. Harriman, Bend, between the hours of 8:00 a.m. and 5:00 p.m., Monday through Friday. 4. A tour of the property and buildings will be conducted at 3:00 p.m. on July 20, 1988. Meet at the northwest corner of First and Olney. 5. A copy of a map with appraised values is available at the Board of Commissioners' office. 6. For more information, contact Mike Maier, Director of Administrative Services, telephone (503) 388-6570. To Be Published: "Bulletin" - July 10 and 17, 1988. "Central Oregon Business" - July 20, 1988