The Town of Luther, OK, is now accepting bids for cash and/or exchange of real property on the following tract of land:
A tract of land located in the Northwest Quarter (NW/4) of Section Twenty-Seven (27), Township Fourteen (14) North, Range One (1) East of the Indian Meridian, Oklahoma County, Oklahoma, being more particularly described as follows:
COMMENCING at the Northwest Corner (NW/C) of the East One-half (E/2) of the Northwest Quarter (NW/4) of said Section Twenty-Seven (27) also being a point on the South right-of-way of State Highway 66; Thence South 89°58’44” East along said south right-of-way a distance of 396.52 feet; Thence South 01°02’29” East a distance of 25.00 feet to the POINT OF BEGINNING; Thence from said point South 89°58’44” East a distance of 156.61 feet; Thence south 01°02’29” East a distance of 320.03 feet; Thence South 88°58’44” West a distance of 182.33 feet; Thence North 01°02’29” West a distance of 297.66 feet; Thence North 44°29’23” East a distance of 36.08 feet to the Point of Beginning.
Containing 59,984.35 square feet or 1.377 acres, more or less.
The minimum reserve for bidding is $75,000.
Bids will be accepted in writing, in person at Town Hall, 119 S. Main, Luther, OK 73054 or by mail at ATT’N: Property Bid, Town of Luther, PO Box 56, Luther, OK 73054, until 12:00 PM (Noon), Tuesday, December 12, 2017. Bids will be reviewed and possibly accepted/declined/awarded at the regular Town of Luther Board of Trustees Meeting on Tuesday, December 12, 2017, at 7:00 PM.
The Town of Luther Board of Trustees reserves the right to refuse any or all bids at their descretion.