Real Estate

Prime parcel included in Franklin County tax auction

By: DENISE A. RAYMO

MALONE — A once-contaminated parcel on Route 11 appraised at $220,700 will be auctioned by Franklin County with no minimum-bid requirement.

The 3.40-acre site of the former Alaskan Oil Co. convenience store near McDonald’s will be part of a land sale involving about 60 properties, beginning at 11 a.m. on Wednesday, June 26, at Mo’s Pub and Grill.

The county took possession of the property for unpaid taxes in 2009, and has tried without success to sell the parcel since. The gas station had closed with the building, underground fuel tanks and fuel piping intact.

When federal-stimulus funds became available in 2010, the property was cleaned up, and the fuel tank, piping and tons of contaminated soil were removed.

The improved parcel was then appraised at $220,701 and put up for auction in October 2011 with a required minimum bid of $220,000.

But no bids were received.

GASOLINE LEAK

Now, legislators have decided to include the property among all of the others it has in tax delinquency and will take what they can get for it at auction.

Haroff Auction and Realty Inc. will conduct the sale, and photos and details about the involved parcels can be viewed at www.nysauctions.com.

The schedule for showing some of the properties to prospective buyers will be posted on the same website on Saturday, June 22, and a bidders seminar will be held at 7 p.m. Monday, June 24, at the Franklin County Courthouse.

Early registration will also be offered that day from 6 to 7 p.m. and also following the seminar.

Successful auction bidders will have 18 months from the day the deeds are recorded to bring the property they purchased up to state and local building-code specifications.

The Alaskan Oil property was cleaned up with federal Brownfield-remediation funds through the Obama Administration’s American Recovery and Reinvestment Act program, which was administered by the State Department of Environmental Conservation.

Once digging began, a gasoline leak was discovered under the store, and small fires broke out during excavation when backhoe operators struck rock and caused sparks.

They dug down 25 feet to remove 10,000 yards of contaminated soil.

Email Denise A. Raymo:draymo@pressrepublican.com

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