2020 - 11 Tax Acquired Property - 126 Mechanic Street

This solicitation invites sealed bids for the sale of a tax‑acquired parcel located at 126 Mechanic Street in Presque Isle, Maine. The City will sell the 0.39‑acre lot “as‑is” with no warranties or title insurance; the successful bidder must provide a 10 % deposit with the bid and pay the full purchase price within 30 days of acceptance. The transaction is a straightforward real‑estate purchase rather than a service or construction contract. • Property: 0.39 acre, Lot/Map 038‑137‑126, located at 126 Mechanic Street, Presque Isle, ME 04769. • Minimum bid: $5,600; a 10 % certified deposit must accompany the sealed bid. • Bid deadline: Noon (12 p.m.) on June 30 2020; bids submitted to the City Clerk’s Office. • Acceptance window: City may accept a bid within 30 days after the deadline (by July 30 2020). • Payment & closing: Full payment due within 30 days of acceptance; City delivers Bill of Sale within 60 days after payment and code compliance; purchaser must accept property within 30 days of sale. • No warranties: Title is transferred “as‑is” with no representations; buyers must conduct their own title search and comply with local code requirements.