NOTICE OF THE
TAKING OF BIDS
BE IT KNOWN that the Town of Markle, (“Town”) acting by its Town Council (“Council”) has determined that a lease, rather than a sale, transfer, or exchange of certain real property that the Town owns commonly known as 197 E. Morse Street, Markle, Indiana 46770 (“Real Estate”), Parcel ID number 35-07-01-100-000.200-015 as designated on the real estate records maintained in the Huntington County, Indiana, Courthouse, would be in the best interests of the Town and the public; and the Property has been appraised to determine its aggregate current fair market rental value in accordance with IC 36-1-11.
On Wednesday, December, 20th, 2023, at 7:00 P.M. local time in the Council Meeting Room located at 154 E Morse St., Markle, Indiana, the Council, for itself and on behalf of the Town, shall receive, open, and review bids for the commercial lease of the Real Estate materially as provided in a Commercial Lease Agreement form which is on file in the office of the Town’s Clerk-Treasurer, located at 197 E. Morse Street, Markle, Indiana 46770. A copy of that form of Commercial Lease Agreement may be obtained from that Clerk-Treasurer’s office upon request.
The minimum terms and conditions of the Commercial Lease Agreement are as follows: (1) Lease term to be not less than 5 years; (2) Annual rent to be not less than $12,000 ; (3) Tenant to provide security deposit of not less than one month’s rent; (4) Tenant to be responsible for all personal property taxes, real property taxes, and assessments; (5) Tenant to be responsible for all utilities; and (6) Tenant to be responsible for any and all buildout/construction costs, if any, with plans and specifications subject to the Town’s approval.
Each bid must be sealed and clearly marked “Real Estate Bid” on the outside. Each bid must be in the form Commercial Lease Agreement on file in the office of the Town’s Clerk-Treasurer, and shall identify the bidder; bidder’s mailing address and phone number; and the bid terms and conditions for the Lease. Sealed bids may be, but are not required to be, provided in advance to the Markle Clerk-Treasurer at 197 E. Morse Street, Markle, Indiana 46770 no later than 4:00 p.m. (local time). All bids timely received will be opened and read aloud. Late bids will be returned unopened.
The Real Estate may not be leased to a person who: (1) owes delinquent taxes, special assessments, penalties, interest, or costs directly attributable to a prior tax sale on a tract of real property listed under IC 6-1.1-24-1, or (2) is an agent of a person who owes delinquent taxes, special assessments, penalties, interest, or costs directly attributable to a prior tax sale on a tract of real property listed under IC 6-1.1-24-1. Any bid submitted by a Trust as defined in IC 30-4-1-1(a) must identify each beneficiary of the Trust and each settlor empowered to revoke or modify the Trust.
As determined by Council, the bidding for the commercial lease of the Real Estate will continue from day to day for a period not longer than sixty days. A bidder may raise the bidder’s bid and that raise takes effect after the Town has given written notice of that raise to the other bidders. Council may, at any time on or after the initial date set to receive bids, lease the Real Estate to the highest and best bidder. Council may reject all bids received.
Terms and conditions of lease: Successful bidder(s) will be required to execute and return a Commercial Lease Agreement within ten days of notification.
REASONABLE ACCOMMODATIONS FOR PERSONS WITH A KNOWN DISABLING CONDITION WILL BE CONSIDERED IN ACCORDANCE WITH STATE AND FEDERAL LAW. ANY PERSON NEEDING REASONABLE ACCOMMODATIONS SHOULD CONTACT THE TOWN CLERK-TREASURER’S OFFICE. (See below)
TOWN COUNCIL OF THE TOWN OF MARKLE, INDIANA
By: Stephenie Hensley as Clerk-Treasurer
Markle Town Hall
197 E. Morse Street
Markle, Indiana 46770
(260) 758-3193
clerk@markleindiana.com
nb 11/30, 12/7
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