1. Sale of all parcels is made pursuant to and in accordance with C.G.S., Sec. 12-157, by the State Marshal, as designated by the Tax Collector of the City of Waterbury.

2. No representations are made as to the physical condition of any parcel as of the date of sale and no parcel is guaranteed buildable under current zoning regulations nor any building situated thereon habitable. Except as may be provided by C.G.S., Sec. 12-157, all parcels are subject to rights, restrictions, easements and covenants as of record appear and further subject to building lines, if established, all applicable laws, ordinances or governmental regulations or rules including but not limited to zoning regulations, Inland Wetlands Act and regulations, State Health Code and regulations, Solid Waste Disposal Act and regulations; and federal, state and local laws, regulations, ordinances and rules relating to the environment. Each parcel is subject to the payment of current taxes.

3. The Tax Collector of the City of Waterbury (“City” or her designee) shall post, at the time and place of the sale, a written notice stating the amount of all taxes, interest, fees and other charges authorized by law, set forth in C.G.S., Sec. 12-157, with respect to each parcel to be sold. Such amount shall constitute the Minimum Bid.

4. The Collector or her designee shall ask, for each parcel to be sold, whether there be any bidders who are prepared to bid the Minimum Bid. If so, the bidding will begin with such bid. The City of Waterbury reserves the right, but shall be under no obligation, to bid for, and purchase any parcel if there is no bidder or the amounts bid are less than the Minimum Bid or to reject all bids.

5. All payments made by any bidder shall be in the form of cash, certified check, or cashiers check to the State Marshal, Trustee. Each bidder shall present payment of an amount equal to 20% of the Tax Delinquency to the Tax Collector or her designee before the commencement of bidding on any particular parcel. Upon completion of the bidding on any parcel, the successful bidder’s payment shall be retained. Separate payment shall be required for each parcel purchased.

6. Payment of any amount bid by the successful bidder in excess of the Minimum Bid shall be made to the State Marshal, Trustee by the close of business on the tenth day following the sale in the form of cash, certified check, or cashier’s check. If such payment is not made within such time, all previous payments made by such bidder shall be subject to forfeiture to the City in the sole discretion of the Collector or her designee, in which case such bidder shall have no interest, right or claim to the parcel on which the bid was made or to such payment.

7. The Tax Collector’s Designee retained by and in accordance with C.G.S., Sec. 12-157, shall conduct the bidding and shall retain sole discretion as to the point at which the bidding shall begin and the increments and pace at which the bidding shall proceed.

8. The Collector or designee may, for any reason and for any parcel or parcels scheduled for sale, adjourn such sale from time to time in accordance with C.G.S., Sec. 12-157.

9. Within two weeks following the sale, and the payment of the full purchase price by the successful bidder, the Collector shall execute a deed to the parcel sold or to the City if the City bid on such parcel and shall lodge the same in the office of the Town Clerk where it shall remain unrecorded for the time specified by law from the date of such sale. The delinquent taxpayer and other parties identified in C.G.S., Sec 12-157 shall have the right to redeem the property in the manner set forth in the section. If redemption does not take place by the date stated and in the manner provided by law, the interest in the parcel sold of the delinquent taxpayer and all mortagees, lein holders, and other record encumbrance’s who have received actual or constructive notice of such sale as provided by law shall be extinguished as provided in said C.G.S., Sec. 12-157. If the purchase money paid by the successful bidder and interest as set forth in said section are not paid within six months the deed shall be recorded by the Town Clerk and shall have full effect.

10. The Collector or his designee may take such other action and rule on any issues that may arise during the course of any sale. If in accord with the provision of C.G.S., Sec. 12-157, such decisions shall be binding upon these parties affected thereby and is final.

11. It is recommended that any person interested in bidding on any parcel to be sold by the City consult with his or her attorney or other adviser should such bidder have any questions about the purchase of any parcel or the procedures to be followed during the sale. Neither the Collector, nor any employee of the City, nor any other person retained by the Collector in connection with the sale, is authorized to give any advice to any prospective bidder oher than to refer such bidder to this document and to C.G.S., Sec 12-157.