Notice of Sealed Bid Sale of Surplus Land

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Notice of Sealed Bid Sale of Surplus Land Imperial County, California Sealed Bid Sale No. 2012-01-0001 Accepting competitive sealed bids until 2:00 p.m., PST Thursday, February 16, 2012 The Imperial Irrigation District will conduct a sale of surplus land by sealed bid. Sealed bid offers to purchase these properties will be accepted by the Imperial Irrigation District Real Estate Section, at 1699 West Main Street, Suite F, El Centro, CA, until the above date and time. Sealed bids will be opened and read for the purpose of awarding the real property, described below, to the highest acceptable bidder on Thursday, February 16, 2012 at 3:00 p.m. The property consists of two parcels of land totaling 1.72 acres and are being sold together as one unit. These parcels will not be sold separately. The parcels are generally located west of Drew Road near Diehl Road and described as follows: 1. Assessor s Parcel Number: 051-310-058-000 Legal Description: Part of Tract 289, T. 16 S., R. 12 E., S.B.M., County of Imperial, State of California, being shown as Parcel F of License Survey Map filed in Book 10, Page 28. Property Characteristics: 40.0 x 979.7 x 40.0 x 978.7, consisting of 0.90 acres gross. Property is landlocked and has no county road access. Zoning: A2, General Agricultural 2. Assessor s Parcel Number: 051-310-060-000 Legal Description: Part of Tract 289, T. 16 S., R. 12 E., S.B.M., County of Imperial, State of California, being shown as Parcel F of License Survey Map filed in Book 10, Page 28 Property Characteristics: 27.0 x 1320.0 x 27.0 x 1320.0, consisting of 0.82 acres gross. Property is parallel to county road (Diehl Road), and is encumbered by an Imperial Irrigation District 10-foot wide electrical distribution power line. Zoning: A2, General Agricultural The Imperial Irrigation District reserves the right to reject any and all offers and counter-offers. Any offers and subsequent counter-offers are subject to the approval of the full Board of Directors. All property sold through the sealed bid process is sold on an as-is basis. Prospective purchasers are urged to examine and research all properties prior to bidding. All information contained in this listing page has come from reliable sources and is accurate to the best of our knowledge. All bids must be submitted on the approved Imperial Irrigation District Bid Form. Bids not conforming with this instruction will be rejected.

Tax Area Code TRACT 41A, 41B, 45A, 45B, 46 TO INCL. 58, 289 & POR. TRACT 60, 85-001 51-31 SEC. 22 TO 27 INCL., T.16S., R.12E. 69-007 55 56 27 STEVENS RD 56 57-B 58 28 KRAMAR RD 57-B 57-A 57-A 59 59 60 60 191 49 48 N 1"=800' 52 58 DREW RD 30 55 54 52 51 47 49 48 69-007 85-001 Bk.52 Pg.12 JESSUP RD 54 51 45-A 46 DERRICK RD 51 46 45-B 289 41-B 51 47 41-A 10-12-06 LC 5-12-93 RM 12-26-91 RM 10-7-85 RM 12-16-93 RM 54 295 292 DIEHL RD DISCLAIMER: THIS IS NOT AN OFFICIAL MAP. THIS MAP WAS CREATED FOR THE IMPERIAL COUNTY ASSESSOR, FOR THE SOLE PURPOSE OF AIDING IN THE PERFORMANCE OF THE DUTIES OF THE ASSESSOR. ANY ERRORS OR OMISSIONS IN THIS MAP ARE NOT THE RESPONSIBILITY OF THE COUNTY OF IMPERIAL OR THE ASSESSOR. (REV. & TAX. CODE SEC.327) 69-009 85-001 45-B 0 45-A 292 291 291 290 800 36 1600 289 2400 3200 290 294 40-D 4000 41-B 40-D 41-A 40-C Assessor's Map Bk.51-Pg.31 County of Imperial, Calif.

REAL ESTATE SECTION Telephone: (760) 339-9239 1699 W. Main Street, Ste F, Imperial, CA 92251 Fax: (760) 482-3510 BID FORM SEALED BID SALE NO. 2012-01-0001 Subject to the terms and conditions of sealed bid sale printed on the reverse side of this form, the undersigned bidder hereby bids the sum of $ for the purchase of the property or interest described in the above-referenced notice of sealed bid sale. Attached is payment in the amount of $, which represents 10% of the total of the amount bid. Successful bidders will be responsible for Documentary Transfer Tax payments to the Imperial County Assessor and fees associated with the recordation of a Quitclaim Deed to the Imperial County Recorder s office. I hereby acknowledge having read the terms and conditions as set forth on the attached "TERMS AND CONDITIONS OF SEALED BID SALE", and I agree to all of the terms and conditions of sealed bid sale. The property or interest shall be conveyed by tax deed to: Date: Bidder s Name Address City/State/Zip Bidder s Signature Telephone number Email Address IMPORTANT: 1. Title will be conveyed only in the names of the owners who were qualified to submit this bid under the provisions of sealed bid procedures. 2. Carefully read the terms and conditions of the sealed bid sale bid form enclosed. If your bid is not properly submitted, it will be rejected. APN 051-310-058 / 051-310-060 Page 1 of 3 IID Bid 2012-01-0001

TERMS AND CONDITIONS OF SEALED BID SALE Each bid to purchase shall be submitted on the form issued by the Imperial Irrigation District s Real Estate office. Each bid shall be presented in a sealed envelope plainly marked "Sealed Bid Sale No. 2012-01-0001. If the bid form is not signed by the bidder, the bid will be rejected. If the sealed envelope is opened prior to the sale because of improper marking, the bid may be disqualified. Deposit Requirement: Do not mail currency. All signed bids shall be accompanied by a 10% deposit of the bid price by either personal or business check, cashier's check, certified check, or money order, payable to the Imperial Irrigation District. Property Conveyance: Upon acceptance of successful bid by the Imperial Irrigation District s Board of Directors, Bidders will be provided with a Quitclaim Deed to convey the District s fee title interest to the property. Bidders are responsible for recording the Quitclaim Deed, and for payment of recording fees and associated documentary transfer tax. It is incumbent upon Bidders to contact the Imperial County Recorder s office to determine the proper amount of the fees and tax. Bid Notification: The successful bidder will receive written notice that his/her bid has been accepted. All deposits of unsuccessful bidders will be returned after the announcement of the successful bidder. If two or more high bids equal in amount are submitted, the sale, at the option of the Imperial Irrigation District, may be canceled or extended. If the sale is extended, only those bidders who submitted the high bids in equal amounts at the original sale will be provided with forms on which to submit revised sealed bids, which will be opened on a date and at a time set by the Imperial Irrigation District. The minimum acceptable bid at the extended sale shall be the amount of the high bid at the original sale. The Imperial Irrigation District further reserves the right to reject any and all bids and to cancel the sealed bid sale at any time prior to recordation of the tax deed. In the event of cancellation of sale and/or rejection of any bids, the respective deposits shall be refunded without interest. Excluded Property: Notwithstanding anything in these terms to the contrary, the property shall not include: All Imperial Irrigation District facilities, including but not limited to all fixtures, equipment, and structures of every kind and nature, including but not limited to checks, gates, pipes, drain boxes, siphons, poles, transmission and distribution lines, transformers, appurtenances thereto and anything incident to or related in any way with the operation and maintenance for the development, distribution and transmission of energy, communications and conveyance water for all uses and purposes. These terms shall be broadly interpreted. No water rights owned or held by Imperial Irrigation District by virtue of being an irrigation district or the fee title holder to the property, are being conveyed to Bidder with the transfer of title to the property or otherwise, and Imperial Irrigation District shall continue to hold those rights in trust for the benefit of the owner of the property to the extent provided by federal and State statutes, regulations and common law. However, Bidder will be entitled to water service from Imperial Irrigation District in accordance with the District s Rules and Regulations Governing the Distribution and Use of Water, as amended and revised from time to time. APN 051-310-058 / 051-310-060 Page 2 of 3 IID Bid 2012-01-0001

The easements and rights of way of every kind or nature, including but not limited to, express, prescriptive, merged or implied easements, easements and rights of way as existed before or after Imperial Irrigation District acquired title, as used by District, as created by District, or as reserved by Imperial Irrigation District and whether of record or not. Properties Sold In "As Is" Condition: All properties are sold as is with no warranties, usages or conditions written, implied or expressed by the Imperial Irrigation District its agents or employees. All descriptions and information are derived from reliable sources, but no guarantee is expressed or implied. An individual purchasing a property is doing so based upon his or her own research and findings. The Imperial Irrigation District will not provide information concerning usage and other matters that may affect one's decision to purchase the property. No warranties are given and no official inspections are conducted on behalf of the Imperial Irrigation District in preparation for sale of these properties. The Imperial Irrigation District does not guarantee the condition of the property, nor do they assume any responsibility for the conformance to codes or permit regulations required by local governing agencies. Title Vesting and Conveyance: All bidders must submit title vesting with their offer to complete the transaction documents immediately after their successful bid is accepted. Any changes to the vesting after that time will result in a minimum $1,000 fee. Upon acceptance of successful bid by the Imperial Irrigation District s Board of Directors, Bidders will be provided with a Quitclaim Deed to convey the District s fee title interest to the property. Bidders are responsible for recording the Quitclaim Deed, and for payment of recording fees and associated documentary transfer tax. It is incumbent upon Bidders to contact the Imperial County Recorder s office to determine the proper amount of the fees and tax. Escrow: The Imperial Irrigation District will not open escrow on this property. The Bidder may request an escrow, however, Bidder will be responsible for all fees and costs associated with the escrow and its closing. Any escrow opened shall not endure for more than thirty (30) days in length. If the Bidder fails to close within the thirty (30) day period, the sale may be vacated by the District, and any applicable damages may be sought. Real Estate Broker Commission: The Imperial Irrigation District shall not be responsible for the payment of any compensation, commission, charges or finder s fee claimed in connection with this transaction. Contact: This property listing is available for download on the internet at: Imperial Irrigation District Attn: Real Estate Section 1699 W. Main Street, Suite F El Centro, CA 92243 Telephone: (760) 339-9239 Fax: (760) 482-3510 On the web: http://www.iid.com/index.aspx?page=110 APN 051-310-058 / 051-310-060 Page 3 of 3 IID Bid 2012-01-0001