NOTICE OF SALE

SURPLUS REAL ESTATE PROPERTY FOR SALE

PUBLIC UTILITY DISTRICT NO. 1 OF PEND OREILLE COUNTY

Public Utility District No. 1 of Pend Oreille County (District) has declared the following real estate property as no longer necessary, material to, or useful in the operations of the District and, therefore, surplus to the needs of the District:

  • Property (North Fork Sullivan Creek): One tax parcel (PID 7914), 74 acres located about two miles east of Metaline Falls. Brief legal description: W1/2 SW1/4 of Sec. 24, T39N, R43E, W.M. Fair Market Value: $313,000 (includes timber value).

Access to property is by Forest Service Road 2200235 (Bud Moon Road). The buyer will be expected to obtain a permit by the Forest Service.

This real estate property will be sold as is, without a survey. Title insurance would be obtained during closing and cost shared by Buyer and Seller.

Bidders must obtain a Surplus Real Estate Bid Form, which is available on the District’s website at or by contacting the District’s Contracts Manager at . The Surplus Real Estate Bid Form must be used when submitting bids. Bid amounts shall be no less than the fair market, as listed above. Sealed bids will be received at the District’s Newport office, 130 N. Washington, P.O. Box 190, Newport, WA 99156 or at the Box Canyon Dam Visitor Center, 7492 Hwy 31, P.O. Box 547, Ione, WA 99139 until 5:00 p.m., Friday, March 28, 2018.

The sealed bid process will be conducted in one or two phases described as follows: The first phase will consist of sealed bids received, as specified above, on or before Friday, March 30, 2018.Each bid MUST be accompanied by an individual surety deposit, for the amount of $500.00, in the form of: Cashier’s Check, Certified Check, or Money Order, payable to Public Utility District No. 1 of Pend Oreille County. In the event that more than one bid is received, a second phase of the bid process will be conducted for the property. The second phase will consist of advertisement of the bid results of the first phase, with the opportunity for subsequent bids to be submitted in an amount no less than 10 percent more than the highest bidthat was submitted in the first phase. If a subsequent offer is received, the first offeror shall be informed by certified mail sent to the address stated in his or her offer. The first offeror shall then have ten days, from the date of mailing the notice of the increased offer, in which to submit a higher bid of no less than 5 percent more than that of the subsequent offeror.After the expiration of the ten-day period, the property will be sold to the highest bidder.

Interested persons may contact Mark Cauchy at (509) 447-9331 for more information.