INVITATION FOR SEALED BIDS:
PROPOSED SALE OF REAL PROPERTY
Property Known as
Unicoi County Schools Indian Creek Greenhouse
109 Indian Creek Rd
Erwin, TN 37650
Date of Property Tour: December 18, 2023 from 2:00 PM to 3:00 PM
Date of Bid Opening: January 5, 2024
Time of Bid Opening: 2:00 p.m.
Location of Bid Opening: Unicoi County Board of Education
100 Nolichucky Ave
Erwin, TN 37650
Bid Contact: Chris Bogart
100 Nolichucky Ave
Erwin, TN 37650
The Unicoi County Board of Education invites members of the general public to submit sealed bids for the purchase of school system owned property located at 109 Indian Creek Rd, Erwin, TN
A. Description of Property
Property is a corner lot at the intersection of Indian Creek Rd (Pippin Hollow Rd) and Stampers Rd. The property is approximately 1.26 acres. The property has a greenhouse standing on it that has recently been in use.
A recording of the Property may be found in the Unicoi County Assessor’s Office at Map 16 Parcel 8.07.
B. General Information
1) This invitation for sealed bids and supporting documents are available at the
Unicoi County Board of Education building at 100 Nolichucky Ave, Erwin, Tn
2) Inquiries regarding bid requirements shall be directed in writing to:
Chris Bogart
100 Nolichucky Ave
Erwin, TN 37650
C. Terms and Conditions Applicable to Sale
The Property is being offered and will be sold “as is,” “where is” and “with all
Faults”. Further, the Property will be sold under the terms and conditions of a Real Estate Sales Contract executed by the Board of Education.
At the time of the submission of the offer, the Bidder must provide evidence of
availability of funds from a banking institution (Proof of Funds). A mortgage or
loan commitment does not constitute Proof of Funds for purposes of this
transaction.
Any and all due diligence and property inspections must be completed before the
date of the bid opening as no provision is made for a due diligence period once
bids have been opened.
Funds shall be collected from the successful Bidder at the closing in the form of a
cashier’s check or bank-issued certified check.
All closing costs, including the Board’s closing attorney’s fees, shall be borne by
the successful Bidder and shall be paid at closing. The successful Bidder can
select the closing attorney of their choice. Closing by attorney may be not be
required if the transaction is an all-cash sale.
D. Property Tour
While any bidder is free to view the property at any time, the Board will host a property
tour from 2:00 p.m. until 3:00 p.m. on December 18, 2023. The tour is the opportunity
for bidders to walk the Property. A representative of the Board will be on hand to discuss
the bid process and required documents and to answer questions concerning the Property.
Note, however, that verbal responses to questions posed during the property inspection
shall not bind the Board.
E. Questions and Answers
Any questions regarding the bid documents or the bid process that are not answered in
the Invitation for Sealed Bids shall be directed in writing to the Board of Education no later
than 12:00 p.m. on December 20, 2023. Inquiries may be mailed, hand delivered, or emailed to the Bid Contact listed on the cover page of this solicitation. Telephone inquiries
will not be accepted.
Bids must be sealed and clearly marked with the Bidder’s name and address and
the following identification:
“Sealed Bid for Proposed Sale of Property: Indian Creek Greenhouse”