The Board of Selectmen of the Town of

NEWRY is accepting bids for the purchase of the municipality’s interest in

__30____ tax-acquired properties time share units at the Jordan and Summit Hotels at Sunday River, these are a mix of 1 bedroom, 2 bedroom, and efficiency units listed below. For more information please contact the Town Office.  Each bid must be received in writing and in a sealed envelope marked “Tax-Acquired Property Bid” on the outside. Each envelope may contain a bid for one property only; any person wishing to bid on several properties must submit a separate bid in a separate envelope for each property.

All bids must be received in the municipal clerk’s office no later than ___3____ o’clock

a.m./p.m. on _____July 21,__2020__ . Late bids will not be opened or considered.

Each bid must also include the bidder’s name, mailing address and phone number and must

be accompanied by a deposit in the form of a certified check or money order, in an amount

equal to or greater than __20_ % of the bid price. Each successful bidder’s deposit will be

credited to the total purchase price for that parcel. Deposits will be returned to the

unsuccessful bidders. Any bid which does not contain the proper deposit will be rejected.

Bids will be opened at 3 pm on July 21, 2020 and reviewed by the Selectmen at the municipal office on

_July 21__, _2020____ at _____5:15___ o’clock a.m./p.m. The Board of Selectmen reserve the right to reject any and all bids. Each successful bidder shall have ___14___ days from the date of the bid acceptance in which to complete the purchase. Each property will be conveyed by a quitclaim deed without covenants. In the event that a successful bidder fails, for any reason, to complete the purchase in the time stated, the bid acceptance is void and the bidder’s deposit shall be forfeited to the municipality. The Board of Selectmen/Town Council/City Council may thereafter negotiate a sale of the property with any or all unsuccessful bidders.

The properties for sale are described on the Town Tax Maps as:

Map – LotMap – LotMap – Lot

The tax maps and other public information concerning the properties may be reviewed at the

Town/City Office during its normal business hours, which are: Monday through Thursday 7A-5P.

Note that the municipality makes no warranties or representations of any kind whatsoever

concerning the nature, extent, validity, value or utility of any rights to be conveyed. Bidders

are strongly advised to consult an attorney prior to filing a bid.

Jim Largess, Board of Selectmen