NOTICE OF STATE LAND SALE

NOTICE OF STATE LAND SALE
By
Minnesota Department of Natural Resources

Notice is hereby given that state land located in St. Louis County, as described below, is hereby offered for sale by the Commissioner of Natural Resources. The lands will be sold at public auction as required by Minn. Stat. Ch. 92 and 94.

Bidders are advised to obtain property data sheets and be familiar with the property, price, and terms and conditions of sale prior to attending the auction. To obtain a property data sheet, visit http://www.dnr.state.mn.us/lands_minerals/landsale/index.html or call (651) 259-5432, (888) MINNDNR or email: min.landsale@state.mn.us Please specify the property number.

Public Land Auction on Friday, December 15, 2017: Registration begins at 9:30 a.m., followed by the auction at 10:00 a.m. at the Beltrami County Administration Building, 701 Minnesota Ave NW, Bemidji, Minnesota 56601. Land in St. Louis County to be sold at this auction is as follows:

Property #69564: Part of the Northeast Quarter of the Northwest Quarter, Section 16, Township 57, Range 17, in St. Louis County, Minnesota.

General Statement of Terms of Sale: The following is a summary of terms: Please obtain the document Instructions for Oral Bid Auction and Terms and Conditions of Sale on the DNR Land Sale web page or by phone or email as outlined above. The property data sheet details the comprehensive terms and conditions of sale. Bidding for each parcel will start at the minimum bid, which is the appraised value plus sale costs. Any bid for less than the minimum stated on the property data sheet will be rejected. The successful bidder must pay 10% of the bid amount, which must be enclosed with the bid at the time of the sealed bid auction opening. The balance of the purchase price must be paid within 90 days from the date of the auction. Bidders are advised to obtain a property data sheet and instructions for oral bid auction prior to attending the auction.
Ely Echo 11/11/2017