Notice of Invitation to Bid

Notice is hereby given by the City of Bonham Police Department that the following property will be sold to the highest bidder:

1925 Liberty St., Bonham, Fannin County, Texas
(hereinafter “Property”)

Minimum bid is $20,000.00. Sealed bids will be accepted at the offices of Cole Title Co., 709 N. Center St., Bonham, Texas, until 5:00 p.m. on May 15, 2018, CDT. A pre-qualification letter from a lending institution or evidence of the capability to pay cash for the Property must be enclosed with the sealed bid, or the bid will be rejected. Acknowledgement of the sealed bid shall be emailed, faxed, or mailed to the bidder within 24 hours of receipt.

If the highest bidder does not complete the sale of the Property within five (5) business days of the acceptance of their bid, the next highest bidder shall be notified and shall have five (5) business days to complete the sale of the Property.

Bid packages may be picked up at Cole Title Co. during the hours of 8:00 a.m. to 5:00 p.m., Monday through Friday beginning May 1, 2018. Information, including a title commitment reflecting the status of the Property, will be included in the Bid package.

If you have any questions, please contact Beth Robertson or Lauren Trammell at 903-583-3937, 709 N. Center St., Bonham, Texas. Questions may also be emailed to coletitle@coletitle.org.