Over the Counter Land Sales Established by Borough Assembly Action
In accordance with Borough Assembly Resolution 2696-S, an unsolicited land sales process was established to create an over the counter land sales procedure for properties not currently listed as part of the Borough real estate list established with a local real estate firm/broker.
An unsolicited land sale process begins with a request to the Borough asking for a specific property to be placed on the market for an over the counter sale. The Borough Assembly approves by resolution the disposal of property for an over the counter sale and establishes the listing price.
Once a resolution is approved, the property will be advertised on the Borough website, on the Planning and Community Development Bulletin Board, and in the newspaper for a minimum of four consecutive weekends. Once the advertisement period is completed, the Manager may approve an offer that is no less than 90% of the listing price. A price less than 90% of the listing price will require Assembly approval. If an offer includes non-monetary terms which affect the value of the proposed purchase price, the Manager shall refer the offer to the Assembly.
Current Properties Listed for Over the Counter Sale
18 Lots sold as a single unit sale, located in the Mountain Point Subdivision, ASLS 80-187, Plat No. 82-29; see maps below.
Listing price is $145,500.
Offer submitted on 7/10/2017 at 4:32 pm to $180 with development agreement proposal, subject to Assembly review and approval.
|Assessor Parcel No.||Adjacent ROW||Lo t||Block|
Previous Over the Counter Land Sales
|Location||Listing Price||Successful Bid||Status|
|Lot 2, USS 3541||$150,800||$150,800||SOLD|
|Tract A, ASLS 85-68, a subdivision of Lot 25, USS 3155||$128,900||$240,000||SOLD|
|Tract B, ASLS 85-68, a subdivision of Lot 25, USS 3155||$115,200||$150,000||SOLD|
|Lot 6, High School Plat||$60,000||$60,000||SOLD|
How to Submit an Offer?
An offer to purchase land listed in the table above shall include the following:
- The Earnest Money Receipt and Agreement form (PDF) submitted in-person at the Planning and Community Development office (1900 First Avenue, Suite 126).
- Earnest money deposit in the amount of $1,000 or other amount as established by Assembly Resolution.