Terms for Sale in Rome, NY on 2017-08-26
NATIONAL GRID USA &
LARGE CONSOLIDATED CONSTRUCTION
& UTILITY EQUIPMENT FLEET AUCTION SALE
SATURDAY, AUGUST 26th, 2017 – 9:00 AM
ROME (SYRACUSE AREA), NEW YORK
NOTICE: There will be over 300 pieces of construction & underground equipment, power line & utility equipment, trucks, light duty vehicles & trailers that are surplus to the present needs of: National Grid USA, New York Power Authority, New York State Electric & Gas, Rochester Gas & Electric & Others.
SALE SITE PHONE: (315) 334-7315
SALE SITE FAX: (315) 334-4678
LOCATION: National Grid auction facility, 5835 Success Drive, Rome, New York 13440 DIRECTIONS: From Syracuse Traveling Eastbound on New York State Thruway (I-90) – Take Exit 33 (Verona/Rome/Route 365). Pay toll and then follow Route 365 East 9 miles to Route 69 West (Following Downtown Rome Signs). Follow Route 69 West 2.5 miles through downtown Rome and make a left turn onto Success Drive (Rite-Aid Warehouse). Sale site is on right in the middle of the industrial park. From Albany Traveling Westbound on New York State Thruway (I-90) – Take Exit 32 (Westmoreland/Rome). Pay toll and then follow Route 233 North 5.5 miles to Route 69 West (Following Downtown Rome Signs). Follow Route 69 West 2.5 miles through downtown Rome and make a left turn onto Success Drive (West Rome Industrial Park). Sale site is on right in the middle of industrial park.
AIRPORT INFORMATION: Syracuse Hancock International Airport is 45 miles from the sale site and services commercial airlines. Oneida County Airport is 15 miles from the sale site and services private aircraft as well as limited commercial service.
ACCOMMODATIONS: Located in Verona, at Exit 33 off of I-90 – The Motel at Turning Stone Casino (315) 361-7711 & Inn at Turning Stone (315) 363-0096. Located in Rome Wingate Inn (315) 334-4244
BUYER’S FEE: A 10% taxable buyer’s fee will be charged on all items sold onsite. A $25.00 administrative fee will be charged on all titled pieces sold, regardless of the purchaser exemptions or residence.
TERMS: 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 payments are NO longer accepted at this sale. Company & personal checks will be accepted "only" when they are accompanied by a valid bank letter of credit "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.
PAYMENT TERMS: Full payment must be made by the close of business on the sale date, unless agreed to in writing by JJ Kane Auctioneers. Should Bidder fail to pay for any and all item(s) in full on the sale date, Bidder shall remain fully responsible for the purchase price and buyers fee. In addition to all other rights contained herein, if a default occurs and the full payment is not made on the sale date and as long as the default continues to occur, all outstanding financial obligations shall bear interest at the Interest Rate of 2% per month. The default interest rate shall apply from the date of the default through the time any judgment thereon is paid in full. If for any reason a court or arbitrator(s) deems this default interest rate excessive or impermissible, the arbitrator(s) or judge shall impose the maximum default interest rate permitted and all other terms contained herein shall remain valid and enforceable. JJ Kane Auctioneers shall be permitted to resell the item(s) and the Bidder shall be fully responsible for the difference of the purchase price along with the buyer’s fee and any additional cost regarding the resale of the item(s). Bidder understands that Bidder shall be responsible for all reasonable attorneys’ fees, court cost, default interest and other cost incurred by JJ Kane Auctioneers associated with the enforcement of this provision.
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 firstname.lastname@example.org. 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 an additional 2% buyer’s fee and be required to comply with all the terms and conditions of the auction sale, including the payment and removal procedures. For all specific internet bidding questions, please contact Proxibid at (877) 505-7770.
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. 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 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, August 24th or the bid(s) will not be accepted.
INSPECTION: One day of inspection only on Friday, August 25th 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, August 27th from 9:00 AM to 1:00 PM or Monday to Wednesday, August 28th to August 30th from 8:00 AM to 4:00 PM.
Everything must be removed by Wednesday, August 30th at 4:00 PM or entrance into the sale site will be by appointment only at the new owner’s expense.
HAULING/DRIVE AWAY: Mike’s Towing (315) 339-2111; 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.
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.