Salamonie Lake Topics: Leased Lots-fine print

Salamonie Lake Topics

(Salamonie Lake Specific)

1 messages

Updated 6/6/2011 8:42:34 AM

Off-Topic

Lakes Online Forum

83,634 messages

Updated 5/24/2024 8:32:16 PM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Salamonie Lake Fishing

(Salamonie Lake Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,260 messages

Updated 3/24/2024 9:24:45 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	Feb -
	Subject:	Leased Lots-fine print
	Date:	5/10/2005 11:01:08 PM

Hi Maddog, The 30 lots for this year's lease auction range from $325.00 to $425.00 per month. The size of lot, ft. of water frontage and location are probably the discriminators APC uses to set the individual lots monthly lease rate. These rates can escalate (I believe) after the first five years based on an inflationary index. Another thing to study in the fine print. Your bid amount is a sunk cost and does not apply toward the monthly lease amount. The bidder selects which lot they are bidding on and can bid on several lots with individual bids. If you do not win the bid then your bid check is returned to you.