Volume 43 - Issue 31 - August 1, 2024

State of Kansas

Kansas Turnpike Authority

Notice of Public Auction

The Kansas Turnpike Authority (KTA) (Seller) will offer for sale at public auction land that it owns and which is no longer necessary to meet its lawful objectives.

The property is a portion of Government Lot 7 in the southwest ¼ of Section 15, Township 28 South, Range 1 East in Wichita, Sedgwick County, Kansas generally described as follows:

• The property is located adjacent to I-35 and west of the 4500-4600 block of S. Madison Ave. in Wichita, Kansas.
• The property consists of portions of original KTA Right of Way Tracts 7-18, 7-19 and 7-20 east of an approximately 150-foot line running east of and parallel to the survey centerline of I-35, informally described as the portions of original KTA Right of Way Tracts 7-18, 7-19, and 7-20 that lie outside of the existing I-35 Right of Way fence.
• The property consists of thirty-five thousand (35,000) square feet, more or less.

Inspection of property will take place from 11:00 a.m. to 11:30 a.m. Wednesday, August 7, 2024.

Sale will be conducted at 11:30 a.m. Thursday, August 8, 2024, at the Kansas Turnpike Authority Wichita Maintenance Facility, 9401 E. Kellogg, Wichita, Kansas. Opening and minimum acceptable bid will be $7,000. Seller reserves the right to reject any and all bids.

Access

This property fronts a paved city street (S. Madison Avenue) along its east line.

Utilities

Public sewer and waterline run along the east side of S. Madison Avenue adjacent to the property. Extensions of public utilities into the property may be subject to easement.

Zoning

The property has no zoning designation, since it has been a part of highway right of way. Properties in the area are zoned LI, limited industrial.

Terms of Sale

Cashier’s check for $700 representing ten percent (10%) of the minimum acceptable bid, is due at the time of the sale.

The exact legal description of the property shall be determined by survey prior to closing, which shall be used as described below. The survey shall be by a Kansas licensed surveyor, sealed, and include a drawing depicting the described parcel labeled as “Exhibit A”. Said survey shall be obtained and paid for by the buyer.

The accepted high bid from the buyer on the day of auction shall establish the purchase price. The purchase price is predicated on a property size of thirty-five thousand (35,000) square feet. A unit value expressed in dollars($)/square foot will be established by dividing the purchase price by 35,000. The purchase price shall be adjusted based on the final property size as determined by the above referenced legal description. The adjusted purchase price will be included in the Contract to Purchase.

The buyer will receive a Contract to Purchase, with the balance of adjusted purchase price less the $700 deposit, upon completion and approval by the KTA of the legal description.

The buyer will receive a Quit Claim Deed after balance of the Contract to Purchase amount is paid. If the balance of the purchase price is not paid within 30 days of receipt of the Contract to Purchase, the ten percent (10%) down payment will be forfeited to the Seller.

Any description of the property is for information purposes only, and no representations, warranties or guarantees are made concerning locations, dimensions, or tract size or nature or quality or suitability for use of the tract for any improvements. Should a dispute arise after the auction, the Seller’s records will be conclusive in all respects.

Sold Subject to the Following

Tract will be sold subject to any existing easements, restrictions or reservations of record. The prospective buyer is encouraged to research the chain of title of this tract.

KTA makes no representations concerning the condition, value or suitability of use for this property or the improvements, attachments, or fixtures thereof, if any. The property and said improvements, etc. will be sold in the present “as is” condition, without warranties or guarantees of any kind. It is not KTA’s intent to impose any restrictions not already in existence on the property. KTA has no specific knowledge about such restrictions, but does not warrant the property to be free of restrictions either.

KTA ensures the acceptance of any bid pursuant to this notice will be without discrimination on the grounds of sex, race, color, religion, physical handicap, or national origin. For additional information contact Glen Scott at 316-652-2672.

Steve Hewitt
Chief Executive Officer
Kansas Turnpike Authority

Doc. No. 052357