2005 Past Auction: Borough of Ketchikan auction, Aug. 4th, 2005

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IN CONJUNCTION WITH

BOROUGH OF KETCHIKAN

12 Noon- THURSDAY - AUGUST 4
To Be Held At The Ted Ferry Civic Center
888 Venetia Ave, Ketchikan, AK

Past Auction held in 2005

Aerial photo of lots: Normal | Full size

Display Catalog(with photos)

BIDDER PACKET ADDENDUM

PLEASE NOTE THE FOLLOWING CHANGES TO THE BIDDER PACKET
THE TENNANT LEASE THAT WAS ATTACHED TO LOT # 11 (B-22) SHOULD HAVE BEEN ATTACHED TO LOT #7 (B-11).
LOT #11 (B-22) DOES CURRENTLY HAVE A LEASE WITH KETCHIKAN PULP & IS AVAILABLE FOR REVIEW UPON REQUEST.
SINCE THE BIDDER PACKET WAS PRINTED, THE PROPERTIES FOR SALE WERE CURRENTYLY BEING RE-PLATTED TO MEET CURRENT ZONINGS.
THE FOLLOWING CHANGES REGARDING APPROXIMATE ACREAGE HAVE BEEN MADE:
LOT #1 (B-17) APPROXIMATE ACREAGE 14.22 ACRES
LOT #2 (B-15) APPROXIMATE ACREAGE 14.58 ACRES
LOT #6 (B-13) APPROXIMATE ACREAGE 11.90 ACRES
LOT #7 (B-11) APPROXIMATE ACREAGE 8.07 ACRES
LOT #11 (B-22) APPROXIMATE ACREAGE 8.40 ACRES
LOT #12 (B-24) APPROXIMATE ACREAGE 34.44 ACRES
LOT #13 (B-21) APPROXIMATE ACREAGE .96 ACRE
PLEASE CONTACT THE FOLLOWING PEOPLE FOR MORE INFO ON THE LEASE & ENVIRONMENTAL INFO ON THE SUBJECT PROPERTIES:
LISA MACHADO (907) 228-6603 ROGER STONE (907) 247-4663

PROPERTY DESCRIPTIONS

LOCATED ON EAST SIDE WARD COVE

LOT B-17 6500 N Tongass Hwy, approximately 14.6 acres of water front property & tidelands zoned IH Industrial to include portions of USS #'s 1508, 1208 & ATS-1C2 (Assessed Value $1,090,700)
LOT B-15 6500 Block N Tongass Hwy, approximately 15 acres of water front property & tidelands zoned IH Industrial to include portions of USS #'s 1208 & ATS-1C2 (Assessed Value $558,000)
LOT B-18 6500 Block N Tongass Hwy, approximately 12.32 acres zoned IH Industrial, to include portion of USS# 1208-UP (Assessed Value $69,300)
LOT B-16 6500 Block N Tongass Hwy, approximately 1.02 acres zoned IH Industrial, to include portion of USS# 1655-UP (Assessed Value $4,600)
LOT B-27 Approximately 2 acres of water front property zoned IH Industrial to include portions of USS#'s 1508WF, ATS-1C2 & 1659 (Assessed Value $478,900)
LOT B-13 In between 6000 & 6500 Blocks N Tongass Hwy, approximately 11.9 acres of waterfront property & tidelands zoned IH Industrial, to include portions of USS#'s 1653-WF & ATS-1C2 (Assessed Value $79,500)
LOT B-11 6000 Block N Tongass Hwy, approximately 8.21 acres of waterfront property & tidelands zoned IH Industrial to include portions of USS#'s 1656, ATS-439, ATS-1C2 & 1653-WF, includes dock & has current lease on the property (Assessed Value $317,000)
LOT B-14 In between 6000 & 6500 Blocks N Tongass Hwy, approximately 3.16 acres zoned IH Industrial to include portion of USS# 1653-UP (Assessed Value $12,200)
LOT-B-12 6000 Block N Tongass Hwy, approximately 1.79 acres zoned IH Industrial to include portion of USS# 1656-UP (Assessed Value $10,000)
LOT B-25 5900 Block N Tongass Hwy, approximately .54 acre zoned IH Industrial to include USS# 2090 TRB (Assessed Value $10,800)

PROPERTIES LOCATED AT MUD BAY

LOT B-24 9400 Block N Tongass Hwy, approximately 34.73 acres zoned IH Industrial to include USS# 812-UNS1, 9465/9487 (Assessed Value $168,400)
LOT B-22 9465 &9487 Blocks of N Tongass Hwy, approximately 8.75 acres of waterfront property zoned IH Industrial to include portions of USS# 812-WF (Assessed Value $1,099,800)
LOT B-21 9400 Block N Tongass Hwy, approximately 1.27 acres zoned IH Industrial to include USS# 812-UNS2 (Assessed Value $158,700)

PROPERTY LOCATED AT CARROLL INLET

LOT B-20 Located near Marble creek, approximately 97.64 acres zoned FD, to include USMS# 1462 (Assessed Value $27,200)
For legal descriptions, please refer to Bidder's Packet. Bidder's Packets available upon request.

TERMS & CONDITIONS OF SALE

5% Buyer's Premium will be added to the final purchase price.
The property will be sold subject to confirmation by a representative from the Ketchikan Gateway Borough. The property will be sold free and clear of all liens.
Bidders must display a cashier's check or certified check payable to the Ketchikan Title Agency, at the time of registration, for a minimum of 20% of the assessed value of each of the properties in which a bidder intends to bid on.
The winning bidder will be required to deliver to the auctioneer the cashier's check or certified check as earnest money deposit and execute the Purchase and Sales Agreement immediately upon acceptance of bid. Acceptance of the bids will be within one hour of the auction time.
Closing must occur within 90 days of the auction date (Thursday, November 3, 2005). Final payment must be made by assured funds.
Property is sold on an "AS IS" cash basis.
The James G. Murphy Company and Alliance Reatly makes no warranties expressed or implied or representations of any kind concerning the property, including but not limited to the title or physical condition of the property.
It is the responsibility of the buyer to inspect the property prior to the sale and satisfy himself or herself as to its condition, value and fitness for intended purpose.
All real and personal property is sold in "AS IS" condition with no warranties by seller or auctioneer expressed or implied. The buyer is entitled to rely solely on his or her own inspections and evaluations, and not on any representations from seller or auctioneer.

LIVE INTERNET BIDDING

If a buyer cannot attend the auction, the auction will be conducted live on the internet as well. For terms & conditions regarding live internet bidding, please refer to www.proxibid.com and refer to the James G. Murphy Company auction listing on August 4, 2005.

BROKER PARTICIPATION

A 1.5% commission will be paid to the licensed broker whose prospect pays for and settles the property in this auction. To qualify for the commission, the licensed broker or salesperson must register his/her client on a broker participation form and must register with the prospect.
Brokers will not be entitled to a commission if the Broker or any member of the Broker's family participates as a principal at the auction.
A broker participation form can be obtained from the James G. Murphy Company. For more information call (425) 486-1246. Registration forms must be received by 4 PM, Monday, August 1, 2005

AUCTION INFORMATION

The property is to be sold at 12 Noon, Thursday, August 4, 2005, at the Ted Ferry Civic Center, 888 Venetia Ave, Ketchikan, AK.
For questions regarding the real estate, please contact Zig Ziegler at Alliance Realty (907) 247-4663.
Alaska Broker License # 11865
For auction information call (425) 486-1246, 8am to 5pm, PST.
Washington Auctioneers License #48

James G. Murphy Co.
Commercial / Industrial / Real Estate Auctioneers
P.O. Box 82160 - 18226 - 68th Ave. N.E.
Kenmore, Washington 98028
(425) 486-1246 or Toll Free 1-800-426-3008
Fax: (425) 483-8247

Oregon address & phone:
105 McNary Estates Dr. N
Keizer, OR 97303
phone: (503) 463-4444
fax: (503) 463-1554