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Notice of Sale of City Property

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Public Notice

City of Greenville

Sale of City Property

 

An offer of $231,048.95 has been submitted for the purchase of certain property owned by the City of Greenville, more particularly described as:

0.6561 acre parcel of property identified as

Pitt County tax parcel 28934 located at 431 West Fifth Street

A map of the property can be found at the City of Greenville’s website at the following link:  www.greenvillenc.gov

Persons wishing to upset the offer that has been received shall submit a sealed bid with their offer to the office of the City of Greenville City Clerk at the following address:

City of Greenville

Office of the City Clerk

Attention Ms. Valerie Shiuwegar

200 West Fifth Street

Greenville, NC  27834

All bids shall be submitted and delivered to the City of Greenville by 5:00 p.m., July 28, 2021.  The public is advised that City offices are open to the public Monday through Friday from 8:00 a.m. to 5:00 p.m.

At that time the City Clerk shall open the bids, if any, and the highest qualifying bid will become the new offer. If there is more than one bid in the highest amount, the first such bid received will become the new offer.

A qualifying higher bid is one that raises the existing offer to an amount not less than $242,651.40.  A qualifying higher bid must be accompanied by a deposit in the amount of five percent (5%) of the bid.  The deposit may be made in cash, cashier’s check, or certified check. The City will return the deposit on any bid not accepted, and will return the deposit on an offer subject to upset if a qualifying higher bid is received. The City will return the deposit of the final high bidder at closing.  The buyer must pay cash at closing.

The City Council must approve the final high offer before the sale is closed, which it will do within 45 days after the final upset bid period has passed. The City reserves the right to withdraw the property from sale at any time before the final high bid is accepted and the right to reject at any time all bids.

Further information may be obtained at the Office of City Clerk, 200 West Fifth Street, Greenville, NC  27834, or at telephone (252) 329-4422 during normal business hours.


431 West Fifth Map of property