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Gilford accepting bids to purchase Potter Hill property

Friday, November 7, 2008

The Gilford Board of Selectmen is accepting sealed bids from anyone interested in purchasing the 3.19 acre lot with a small shed located at 43 Potter Hill Road.

The terms of the sale are as follows: (1) Minimum sales price (bid) is $150,000, (2) Successful bidder pays all closing and town sales costs, (3) Future use of the property shall be subject to all applicable property taxes and land use regulations as set forth in New Hampshire State law and the Gilford Zoning Ordinance, (4) Bids must include a five percent (5%) deposit in the form of cash, irrevocable letter of credit or certified check payable to Town of Gilford.

This sale is authorized under the provisions of RSA 41:14-a as approved by a vote on Article 25 of the 2007 Annual Town Meeting and recommended by the Gilford Planning Board and Gilford Conservation Commission.

All bids must be submitted in a sealed enveloped that is clearly marked "SEALED BID – 43 POTTER HILL ROAD". The deadline to submit a bid is 2 p.m. on Thursday, Dec. 4 at which time they shall be publicly opened at the Gilford Town Hall, Conference Room A. Bids should be submitted to Selectmen's Office, 47 Cherry Valley Road, Gilford, NH 03249.




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