REQUEST FOR SEALED BIDS
BEAUMONT INDEPENDENT SCHOOL DISTRICT
BID NOTICE 24.17 – SALE OF BEAUMONT ISD REAL PROPERTY
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Bid Notice #24.17 – Sale of 6.007 Acre Parcel of Land
Inspection of the Property Prior to Submission of Sealed Bids
Prospective purchasers are permitted to make a physical inspection of the Property prior to
submitting a sealed bid if the prospective purchaser so elects.
“AS-IS Sale” and Disclaimer
THE PROPERTY WILL BE SOLD AS-IS, WHERE-IS, WITH ALL FAULTS CONDITION, AND THE
DISTRICT MAKES NO, AND SPECIFICALLY DISCLAIMS ANY, REPRESENTATIONS, WARRANTIES,
COVENANTS, OR GUARANTEES REGARDING THE PROPERTY.
Prospective purchasers are advised to conduct their own inquiries and investigations regarding
the Property, including, without limitation, the Property Information set forth in Exhibit A, any
other documents or other information provided by the District, its employees, contractors, or
agents relating to the Property or this solicitation, and any encumbrances, conditions, easements,
assessments, reservations, and restrictions with respect to the Property. Prospective purchasers
shall not rely upon, and the District does not make any representations, warranties, covenants, or
guarantees relating to, these or any other matters affecting the Property, and prospective
purchasers shall perform appropriate due diligence and legal analysis with respect thereto.
The conveyance of the Property by the District will be subject to all visible and apparent
easements, any and all matters contained in the vesting deed wherein the District acquired the
Property, any and all matters filed of record in the real property records of Jefferson County,
Texas, and any other matters noted as “Permitted Exceptions” as defined in the Agreement. For
purposes of this request, the term “Agreement” means the definitive Purchase and Sale
Agreement executed by the successful proposer, if any, who is awarded a contract pursuant to
this request (“Buyer”) and countersigned by the District’s authorized representative after the
Buyer’s sealed bid has been approved and accepted by the District’s Board of Trustees. The
Agreement and any deed delivered by the District at closing will contain an “AS-IS” clause
acceptable to the District, including, without limitation, a disclaimer and waiver of all
representations, warranties, covenants, and guarantees, except for the limited warranty of
title, which shall be given as to the Property only (and not any ancillary rights, privileges, and
appurtenances).
Not an Offer; Contract Approval Required
THIS REQUEST CONSTITUTES A REQUEST FOR SEALED BIDS ONLY, WHICH MAY OR MAY NOT
RESULT IN A SALE OR CONTRACT TO SELL AND DOES NOT SERVE AS A LEGAL OFFER BY THE
DISTRICT UNDER CONTRACT LAW. THE SUBMISSION OF A SEALED BID CONSTITUTES AN OFFER
TO PURCHASE THE PROPERTY THAT THE DISTRICT MAY OR MAY NOT ACCEPT, IN ITS SOLE
DISCRETION. THE REQUEST AND THE SEALED BID SUBMITTED TO THE DISTRICT PURSUANT TO
THIS REQUEST MAY CREATE LEGAL OBLIGATIONS ON THE PROSPECTIVE PURCHASER.
PROSPECTIVE PURCHASERS ARE ADVISED TO HAVE AN ATTORNEY REVIEW THIS REQUEST FOR
SEALED BIDS, INCLUDING THE EXHIBITS AND ATTACHMENTS, THE LETTER OF INTENT, AND THE
PROSPECTIVE PURCHASER’S SEALED BID TO ADVISE THE PROSPECTIVE PURCHASER AS TO THE
EFFECTS THEREOF.
THE DISTRICT RESERVES THE RIGHT TO REJECT ANY OR ALL SEALED BIDS TO PURCHASE THE
PROPERTY AND/OR TO MAKE COUNTER-OFFERS TO ANY PROSPECTIVE PURCHASER AND
NEGOTIATE THE TERMS OF A LETTER OF INTENT AND/OR ANY RESULTING AGREEMENT.