Narrative of Resolution:
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Accept and/or Reject Bids made at the November 2025 Public Auction for Real Property
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RESOLUTION INTRODUCED BY THE EXECTIVE COMMITTEE TO ACCEPT AND/OR REJECT BIDS MADE AT THE NOVEMBER 2025 PUBLIC AUCTION FOR REAL PROPERTY ACQUIRED BY VIRTUE OF THE IN REM TAX FORECLOSURE PROCEEDINGS.
WHEREAS, the Sullivan County Legislature authorized auctions to be conducted by Absolute Auctions and Realty, Inc. for real property acquired by virtue of the In Rem tax foreclosure proceedings, and
WHEREAS, Absolute Auctions and Realty, Inc conducted an auction on November 19, 2025 of the left over parcels from the October 2025 Auction and
WHEREAS, by the Terms of Sale, the County reserved the right to withdraw any property listed in the notice of sale from the auction and further required that all such bids at the auction be approved or rejected by the Sullivan County Legislature, and
WHEREAS, the successful bidders will have until 5:00 p.m. on Friday, December 19, 2025, pursuant to the terms and conditions of the auction, to pay the balance due to the Sullivan County Treasurer's Office or any deposit remitted will be forfeited, and
WHEREAS, the successful bidders must purchase all parcels they were the successful bidders for, and
WHEREAS, if the successful bidder(s) do not remit the balance of the bid amount by Friday,
December 19, 2025, pursuant to the terms and conditions of the auction, the parcels will be reoffered for sale to the second bidders, and the deposit(s) will be forfeited, and
NOW, THEREFORE, B...
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