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City Of Gainesville, Texas
Closes: November 30, 2022 Beginning at 12:00 PM CST

Selling 1 Lot Including: Seized 1968 Cessna 320F Twin Engine Airplane
A 10% BUYERS PREMIUM WILL BE ADDED TO THE FINAL SELLING PRICE.
Bidders must submit a cashiers check to Rene Bates Auctioneers, Inc. in the amount of $10,000.00, made payable to the City of Gainesville, Texas prior to bidding. The deadline to submit the $10,000.00 is November 29, 2022 by 3:00 p.m. CST. After the deposit is received the bidder(s) will be activated to bid. At the close of the auction the $10,000 deposit will be applied to the winning bidder's invoice. All unsuccessful bidders will have their deposits returned via FedEx after the auction has closed.

Gainesville Municipal Airport, 2300 Airport Dr., Gainesville, TX 76240
Contact: Captain Daniel Orr at 940-668-4779 or dorr@gvps.org
Inspection: By appointment only.

IMPORTANT PAYMENT INSTRUCTIONS:
A 10% BUYERS PREMIUM WILL BE ADDED TO THE FINAL SELLING PRICE.
All payments for this auction must be received no later than Tuesday, December 6, 2022. If we do not receive payment by the due date, your account will be temporarily deactivated pending receipt of payment.

We accept Cashiers Checks, Money Orders, Zelle, Wire Transfers, Cash, or Funds from your Refundable Deposit. WE DO NOT ACCEPT CREDIT OR DEBIT CARDS. All payments totaling over $10,000.00 MUST be paid with a single cashiers check or via wire transfer.

* To receive our Zelle account information, please reply to your invoice to request the information. LIMITED TO PAYMENTS UP TO $5000.00.
* To receive wire transfer instructions, please reply to your invoice to request the information. NO LIMIT FOR AMOUNT. There is NO fee for domestic wire transfers of any amount. There will be a fee for international wire transfers and that information will be provided upon request.
* To apply your refundable deposit towards this purchase, please reply to your invoice. LIMITED BY AMOUNT IN DEPOSIT AND NO OTHER WINNING BIDS. If we use a portion of your deposit for payment your account will be deactivated until such time as your deposit account is brought back to its required level. On occasion, we may use your deposit to process a paid receipt on or before the stated due date.
* If mailing your payment send it payable to Rene Bates Auctioneers, Inc. in the form of a cashiers check or money order to: Rene Bates Auctioneers, Inc., 1650 W. Virginia St., Suite 104, McKinney, TX 75069. PLEASE INCLUDE EITHER A COPY OF YOUR INVOICE WITH YOUR PAYMENT OR ENSURE YOUR BIDDER NUMBER IS WRITTEN LEGIBLY ON YOUR PAYMENT.
* For payments made in person you may visit our office between the hours of 8:00 a.m. and 4:30 p.m. at 1650 W. Virginia St., Suite 104, McKinney, TX 75069.

REMOVAL: By appointment only. All items must be removed within 60 days from the payment deadline. YOU MUST HAVE A COPY OF THE PAID RECEIPT TO REMOVE ITEMS.

LOCATION: Gainesville Municipal Airport, 2300 Airport Dr., Gainesville, TX 76240
Contact: Captain Daniel Orr at 940-668-4779 or dorr@gvps.org

After the final day for removal, a storage fee of $25.00 per day, per item will be charged to the buyer for any items that have not been removed. If you are sending a third party or transport company to remove the items they must bring a completed Authorization of Release. Click here to review and download the Authorization of Release or return to the auction listing in order to download the aforementioned form.

REGARDING PAPERWORK: Contact Captain Daniel Orr at 940-668-4779 or dorr@gvps.org. Title(s) will be transferred to the successful bidder's name ONLY. Rene Bates Auctioneers, Inc., as acting agent for the Seller, does not possess, cannot process and is not responsible for preparing or delivering title documentation to the winning bidder. The Seller, as posted at the top of the auction listing, will complete and provide all title documentation to the buyer. RENE BATES AUCTIONEERS, INC. IS NOT THE SELLER.

LOADING AND OWNERSHIP: The Seller DOES NOT provide transportation or loading services for buyers to remove their merchandise. Any and all methods of lifting, towing, and hauling, as well as all other methods or requirements for the removal and transport of the materials, equipment and/or vehicles, is the sole responsibility of the buyer. The ownership of any and all items not removed by the final day of removal will revert back to the Seller and they may re-sell or dispose of the property as they see fit.

SALES TAX INFORMATION: Any Bidder wishing to claim resale or exemption must provide the properly executed tax forms within the time of payment as provided above, and the decision to accept the tax form is in the sole discretion of Auctioneer. The resale and exemption forms can be found on our website by clicking on Forms under the Help Menu. It must be completed in its entirety in order to be accepted. Under no circumstance will sales tax be adjusted on an electronic receipt once it has been issued.

Thank you for bidding!

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1968 Cessna 320F Twin Engine Airplane, Tail Number N8MB, Serial Number 320F-0030; Includes airplane records and maintenance logs that were in the plane. This plane flew from California to Texas on October 15, 2021. It landed and was refueled to continue its trip when it was SEIZED. Since that time the airplane has been stored inside a hanger. Has Twin Continental TS10-520 Engines. Books show total engine time since major overhaul 815 hours, December of 2020 - not guaranteed. Located total time of service in the books of 6,416.0 as of October 2021 - not guaranteed. Hobbs meter as of October 2021: 4,210 - not guaranteed. Appears (2) New batteries were recently installed. See photos for navigation communications equipment installed. All information above is also located in the paperwork that accompanies the airplane. The buyer of the aircraft is required to notify the appropriate Federal Aviation Administration office of such change in the registered owner of the aircraft. City will provide an Aircraft Bill of Sale, but WILL NOT WARRANT THE TITLE.
THIS IS A SEIZED ITEM. SELLER HAS NO HISTORY ON THIS ITEM AND CANNOT BE POSITIVE ABOUT THE AUTHENTICITY OR CONDITION OF THE ITEM. AS-IS; Current condition UNKNOWN. This item is used and may contain defects that are not immediately detectable. Text description given is meant to be used as a guide only. You are responsible for inspecting item before bidding. All information provided is believed to be correct but no warranty as such is either intended or implied. All items are sold AS IS - WHERE IS AND WITH ALL FAULTS AND DEFECTS THEREIN.