PUBLIC AUCTION BY THE XENIA COMMUNITY SCHOOL DISTRICT
Pursuant to the provisions of O.R.C. §3313.41, the Xenia Community School District’s Board of Education (hereinafter called, the "Board of Education") will conduct a public auction on September 26, 2018 at 10:00 a.m. to be held at the Board of Education Offices located at 819 Colorado Drive, Xenia, Ohio 45385 for the purpose of offering for sale the East High School located at 578 E. Market St. Xenia, Ohio 45385 consisting of a 38,716 square foot building situated on parcel number M40000Z00080044400 and containing approximately 2.00 acres (the “Property”). The minimum bid reserve has been set at $30,000.00 for the Property and the Board of Education may require the successful bidder to deposit 10% of total bid price in cash or certified check payable to the Board of Education (in its sole discretion), with the balance in full at closing. The Property, including the building thereon, will be sold in their “AS IS” condition. The successful bidder is responsible for making all inspections, with prior notice to and approval of the Treasurer, prior to said auction. The sale of the Property to the successful bidder shall not be final until accepted by Resolution of the Board of Education with the written notification of such acceptance sent to the successful bidder by the Treasurer. The Board of Education reserves the right to accept or reject all bids, waive any and all informalities and/or terminate the auction for the Property at any time, in its sole discretion. The full conditions of the sale, including a legal description of the Property, will be set forth in a purchase agreement, which may be obtained from the Board of Education’s offices located at 819 Colorado Drive, Xenia, Ohio 45385 or through the Board of Education’s website at http://www.xenia.k12.oh.us.