Dayton Arcade to be Sold at Foreclosure Auction


	Dayton Arcade to be Sold at Foreclosure Auction

presohio

2-18-2009 11:15 PM

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preservation, arcades, ohio's most endangered, dayton

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3-26-2009 3:54 PM

urbanlife

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/19c686c5-ec7d-42f0-a8b4-b815754820bc/CEB0596B-C87C-4966-B276-CE03C42ED2BD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html" href="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html" style="font-size: 11px;">www.daytondailynews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.daytondailynews.com/img/186F3B89-5C2C-4D3A-92E7-18A620C1B31D" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><H2>Historic Arcade can be yours for a mere $615,106</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><H3>The county's tax lien foreclosure auction is scheduled at 10 a.m. March 12.</H3></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><P>DAYTON — Efforts to save the  historic downtown Arcade continue even as plans move forward to put it up for bid March 12 in a Montgomery County sheriff's tax lien foreclosure sale.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><P>Ten properties will be included in the sale. The Arcade carries the highest property tax debt.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><P>Phyllis Hewitt, a tax lien program manager for Montgomery County, said the minimum bid on the five-building complex is $615,106, which covers back taxes, interest and attorney's fees. The price would go up in $100 increments should buyers get into a bidding contest.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><P>"Typically, there has not been a lot of bidding on these tax lien foreclosures," Hewitt said.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><P>The sale begins at 10 a.m. at the Montgomery County Administration Building, 451 W. Third St.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.daytondailynews.com/n/content/oh/story/news/local/2009/02/17/ddn021709arcadeweb.html"><P>"It's going to take one person on the line for 25,000 to 40,000 square feet to make it happen," he said.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/CEB0596B-C87C-4966-B276-CE03C42ED2BD/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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