The Most Northeastern City in the United States.

Tax Acquired Property for Sale by Bid

The City of Caribou is soliciting competitive sealed bids for the sale of a Tax Acquired Property.

Property #28: Tax Map 25, Lot 149 – AA 142 Lower Lyndon Street – Land and Building – 1.98 Acres, Zoned I-1. Minimum Bid $150,000.00

Bids must be submitted in writing in a sealed envelope with the words “Property Bid # 28” written on the outside of the envelope along with the Tax Map 25 and Lot 149 – AA. Bids must be submitted in Attention to: Finance/Tax Collector’s Office, Caribou City Office, 25 High Street, Caribou Maine 04736 no later than 2:00 PM on February 27, 2020 and will be opened publicly at that time. All bids must include a 10% deposit of bid amount in the form of a certified check or money order, return address and phone contact information to be considered.  Bid packages on each property are available in the Deputy Tax Collector’s Office at the City Office, 25 High Street. Bids will be acted upon by the City Council at 6:00 PM on March 9, 2020 during the regular Council meeting. The City Council reserves the right to accept or reject any or all bids deemed within the best interest of the City of Caribou. The successful bidder will then submit final payment in the form of two separate checks payable to the City of Caribou, and the Caribou Utilities District. Purchasers of City-owned property will be issued Quitclaim deeds for the City’s interest under Maine law and should verify any or all encumbrances against the property outside those held by municipal tax lien or deed. No warranties or guaranties can be granted by the municipality to the successful bidder. Bids not paid within 30 days shall be deemed void.