Notice is hereby given that the Board of County Commissioners of Marion County, Ohio, will offer for sale at public auction on the 2nd day of November, 2018, at 10:00 A.M. at the first floor conference room at the Marion County Courthouse, 100 North Main Street, Marion, Ohio 43302 the rights held by the commissioners under a ground lease from the City of Marion at the Marion Municipal Airport on a parcel of .45 acres, more or less, together with all improvements located thereon, including, without limitation to the foregoing, a hangar building located on the .45 acre parcel.
This sale is made subject to the terms of a certain ground lease from the City of Marion to the Marion County Commissioners, recorded in Marion County Official Record 530 at page 51. The City of Marion has consented to the assignment of the ground lease from the Marion County Commissioners to the successful bidder at the auction.
The auction will be conducted by the Marion County Sheriff and shall be advertised beginning at least 30 days prior to the date set for the auction, by publication in The Marion Star and by posting on the Marion County website, www.co.marion.oh.us as provided in R.C. 307.10 and 7.16.
The County Commissioners have set a minimum bid of $75,000.00 and reserve the right to accept or refuse any bids on the ground lease and improvements.
The successful bidder will need to deposit a cashier’s or certified check in the amount of $5,000.00 on the day of the sale. That deposit will be applied to the sale price. In the event that the successful bidder fails to complete the purchase, the deposit will be forfeited to Marion County. The balance of the purchase price must be paid within 30 days after the acceptance of the successful bid.
This offer is further made subject to the terms of County Commissioners’ Resolution #2018-0611 dated September 25, 2018. A copy of the resolution may be inspected at the offices of the Marion County Commissioners.