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Terms for Sale in Lansing, MI on 2018-12-01

LARGE CONSOLIDATED POWER LINE, UTILITY & CONSTRUCTION EQUIPMENT AUCTION SALE

SATURDAY, DECEMBER 1st, 2018 – 8:30 AM

CHARLOTTE, MICHIGAN

(LANSING AREA)

(2) AUCTIONEERS/RINGS – OVER 500 ITEMS

NOTICE: There will be over 500 pieces of power line & utility equipment, construction & underground equipment, trucks, light duty vehicles & trailers including Bucket Trucks & Digger Derrick Trucks from: Consumers Energy, Detroit Edison, Michigan Gas Utilities, Lansing Board of Water & Light, Asplundh Tree Experts & Area Contractors. A 10% taxable buyer’s fee will be charged on all items sold.



SALE SITE PHONE: (517) 543-1121

SALE SITE FAX: (517) 543-1332


LOCATION: The auction sale will be held at J.J. Kane’s Auction Facility, 750 Island Highway, Charlotte, MI, 48813 (just off I-69). DIRECTIONS: FROM Lansing Michigan: Take I-69 South approximately 15 miles to Exit #61 (Business Route 69, Lansing Road, Charlotte). At stop sign, turn right on Lansing Road. Follow approximately .5 miles to the first traffic light (Wendy's on corner). Turn left on Island Highway and proceed 100 yards to the sale site on the right. FROM I-94: Take I-69 North approximately 20 miles to Exit #61 (Business Route 69, Lansing Road, Charlotte). At stop sign, turn left on Lansing Road and follow approximately .5 miles to the second traffic light (Wendy's on corner). Turn left on Island Highway and proceed 100 yards to the sale site on the right.

AIRPORTS: Detroit Metro Airport is located 100 miles & Lansing Capital City Airport is located 15 miles from the sale site.

HOTELS: Located in Charlotte all a few miles from the sale site – Holiday Inn Express (517) 541-5000, Comfort Inn (517) 543-7307 & Super 8 Motel (517) 543-8288. Located in Lansing on Saginaw Highway – Best Western (517) 627-8471.

BUYERS FEE: A 10% taxable buyer’s fee will be charged on all items sold. A $25.00 document fee will be charged on all titled pieces sold, regardless of the purchaser exemption or residence.

TERMS: There will be a 10% taxable buyer's fee charged on all items sold. Complete payment is required on sale day only in cash or guaranteed funds: traveler's checks, money orders and/or bank certified checks. Credit card payment will be accepted by Visa, Master Card, American Express & Discover. Purchaser will be charged a 2.75% to 3.50% service charge for all credit card transactions. Company & personal checks will be accepted "only" when they are accompanied by a valid bank letter of credit LARGE CONSOLIDATED POWER LINE, UTILITY & CONSTRUCTION EQUIPMENT AUCTION SALE SATURDAY, JULY 14th, 2018 – 8:30 AM CHARLOTTE, MICHIGAN (LANSING AREA) (2) AUCTIONEERS/RINGS – OVER 500 ITEMS NOTICE: There will be over 500 pieces of power line & utility equipment, construction & underground equipment, trucks, light duty vehicles & trailers including Bucket Trucks & Digger Derrick Trucks from: Consumers Energy, Detroit Edison, Michigan Gas Utilities, Lansing Board of Water & Light, Asplundh Tree Experts & Area Contractors. A 10% taxable buyer’s fee will be charged on all items sold. SALE SITE PHONE: (517) 543-1121 SALE SITE FAX: (517) 543-1332 LOCATION: The auction sale will be held at J.J. Kane’s Auction Facility, 750 Island Highway, Charlotte, MI, 48813 (just off I-69). DIRECTIONS: FROM Lansing Michigan: Take I-69 South approximately 15 miles to Exit #61 (Business Route 69, "guaranteeing or honoring" payment of that particular check up to a specific amount of money. All letters of credit should be addressed to J.J. Kane Auctioneers. International Buyers will need to wire transfer full payment directly from your bank to J.J. Kane Auctioneers bank account. No International checks will be accepted.


FINANCING: Altec Capital Services offers a quick and easy credit process, and flexible and affordable finance options. For more information dial (888) 408-8148 or email finance@altec.capital.com. All financing must be pre-approved prior to the auction sale.

Like Kind Exchange Notification Buyer is hereby notified that Asplundh has assigned to Northstar Deferred Exchange Corporation, acting in its capacity as a Qualified Intermediary, all of its rights but not its obligations, in any existing and future contracts to sell certain equipment. This notification will apply unless specifically excluded in writing. Notice Regarding Like Kind Exchange: Certain equipment consigned to this auction may be sold as part of an equipment exchange, pursuant to Section 1031 of the Internal Revenue Code, and the rights of the consignor under Contract to Auction may be assigned to a third party Intermediary.

LIVE INTERNET BIDDING: This auction sale will feature live on-line bidding powered by Proxibid. All prospective internet bidders are required to register on-line 48 hours prior to the auction sale at www.jjkane.com (Bid Online Tab). All live internet buyers will be charged a 12% buyer’s fee and be required to comply with all the terms and conditions of the auction sale, including the payment and removal procedures.

ABSENTEE BIDDING: Absentee bids must be over $10,000. There will be a 25% deposit required with all absentee bids that must be wire transferred to J.J. Kane Auctioneers. Call the sale site for the necessary forms and wire transfer information. Forms must be submitted with lot numbers, full descriptions, serial numbers and the exact amount of your bid(s). J.J. Kane Auctioneers reserves the right to round off bids to the most logical increment. All of the above requirements must be met by 4:00 PM E.S.T., Thursday, July 12th or the bid(s) will not be accepted.

INSPECTION: One day only on Friday, November 30th from 8:00 AM to 4:00 PM and sale day starting at 7:00 AM.

REMOVAL: During the auction sale, as long as the removal activity does not disrupt the auction sale, for 2 hours after the conclusion of the auction sale, Sunday, December 2nd from 9:00 AM to 1:00 PM or Monday to Wednesday, December 3rd to 5th 8:00 AM to 4:00 PM. Everything must be removed by Wednesday, December 5th at 4:00 PM with no exceptions or you will be subject to storage fees.

HAULING/DRIVE AWAY: Country Side Towing & Recovery (Scott) (517) 543-2900, DAB Transport (816) 230-4135 & Spirit Miller Drive Away (607) 467-1978.


NOTICE: The following section shall apply to the following vehicle mounted aerial devices (Hereinafter referred to as “aerial device”): a. Extensible boom aerial devices; and b. Aerial Ladders; and c. Articulating boom aerial devices; and d. Vertical towers; and e. A combination of any of the above. The vehicle may be a truck, a trailer, or an all- terrain vehicle. The successful purchaser hereby acknowledges that J.J. Kane Auctioneers has provided them with the owner’s, operator’s, parts/service and maintenance manuals for the aerial device purchased. If the owner’s, operator’s, parts/service and maintenance manuals are not available, the successful purchaser hereby acknowledges that J.J. Kane Auctioneers has provided them with a list of manufacturers that the successful purchaser must contact to obtain the manual(s). The successful purchaser hereby acknowledges that they shall be responsible to notify the manufacturer of the unit model and serial number along with the name and address of the new owner within sixty (60) days from the date of purchase. Upon completion of the sale, JJ Kane Auctioneers will notify the prior owner of the successful purchasers name and location.

Notice to Attendees:
Persons attending are notified that an Auction Site is a potentially dangerous place. Flammable, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Every person at the Auction Site before, during and after the auction sale shall be deemed to be there at his or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees. No persons shall have any claim against the Auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever.

ADDITIONAL TERMS: Items will be added to the auction sale. In an emergency situation, all sellers reserve the right to remove any unit from the sale. Call first before traveling if this is a concern. Accuracy cannot be guaranteed. Everything will be sold "As-Is" and "Where-Is" with no warranties or guarantees expressed or implied. In some cases, because of the locations of certain trucks & equipment, pictures were taken of like pieces and not the actual unit.

NOTICE:
J.J. Kane Auctioneers or Seller(s) are not responsible for any inspections prior to or after purchase. All equipment or vehicles that require any type of inspection on the upper unit or chassis is 100% the bidder/purchaser's responsibility and expense. (ie: Cranes, Man Lifts, Buckets, Diggers, Construction Equipment, Trailers and Vehicles of any type).

NOTICE:
All Potential Bidders/Buyers: The safety and reliability of the equipment listed for sale cannot be ensured unless it receives regular inspections, tests and maintenance. The Seller or Auctioneer will not be responsible for equipment inspection reports before any equipment sale or failed equipment inspection reports after the equipment is sold. All equipment is sold As-Is, Where-Is with all faults, defects and modifications. The description of the equipment is for the purpose of identifying the equipment and DOES NOT CONSTITUTE A WARRANTY OR REPRESENTATION THAT THE EQUIPMENT SHALL CONFORM TO SUCH DESCRIPTION OR ANY CONDITION REFERRED TO THEREIN. J.J. Kane Auctioneers warrants only title to the equipment. The Seller or Auctioneer makes no representation or warranty of any kind, expressed or implied. It is the potential bidder/buyer responsibly to ensure that all equipment is given thorough inspections according to the manufacture recommendations by only those persons who are able to detect and assess defects and potential hazards that could limit the safe performance of the equipment functions. Purchaser agrees to release, waive all rights against, indemnify and hold harmless the auctioneer and sellers.


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