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CITY OF EL CAJON
SALE OF SURPLUS REAL
BY PUBLIC AUCTION
Notice is hereby given that the CITY OF EL CAJON will be accepting bids at public auction for the sale of real property located in the City of El Cajon, County of San Diego. Identification of the property: A full legal description is on file at the office of the Purchasing Agent of the City of El Cajon. Assessor's parcel number 507-282-17-00
. The common street address is 842 N. 3rd Street, El Cajon, CA, 92021.
Said sale shall be conducted by public auction to be held on Thursday October 30, 2008
, at the hour of 10:00 AM
, at 842 N. 3rd Street, El Cajon CA 92020
. The property will be open for inspection on Monday October 27, 2008, from 8:00 AM to 12:00 noon,
and again commencing at 9:00 AM on the day of the auction.
Anyone wishing to bid on subject property must deposit with the City Clerk of the City of El Cajon, in cash or certified funds, the amount of $18,500.00. Said deposit shall be made prior to the time of the auction and may be made at the offices of the City Clerk, 200 E Main Street, El Cajon CA 92020 prior to the day of the auction, or made at the auction site on the day of the auction.
Terms: Property shall be sold as is. Property shall be sold to the highest bidder, with a minimum bid of $185,000.00. Payment shall be by a deposit of $18,500.00 at the time of auction, and the balance within 30 days thereafter. All escrow and title expenses and fees shall be paid by the buyer. No real estate commission shall be paid in connection with a sale by auction. /s/ Colin Dawson
Pub. Oct 2, 9-00047675