Pursuant to the Charter of the Town of Guilford, Section
7-7, the Board of Selectmen shall have the power to sell or otherwise dispose of real estate of the town not used or reserved for town purposes, in accordance with the following procedure:
A. Sealed offers for such land shall be solicited by legal
notice published at least once in a newspaper having a substantial circulation
within the town, which notice shall identify the land by the Assessor's Map
and lot number and shall set a final date, not earlier than seven days after
the date of the first publication, for submission of offers.
B. All offers received shall be opened at a meeting held
after the final date specified for submission of offers.
C. If any offer is received, the Selectmen shall accept
the highest such offer. If no offer is received within the time specified
in the aforesaid notice, the Selectmen may dispose of such land in any manner,
to any person, in their sole discretion, upon such terms and conditions as
they may deem reasonable.
D. The Town of Guilford reserves the right to reject any
and all bids.