The Cattaraugus County Treasurer's Office will be holding an in-person property auction for 2 parcels in the City of Olean, New York.

Pursuant to a Judgment of Foreclosure entered May 5, 2024, the Treasurer of Cattaraugus County will sell at public auction the following parcels of county-owned real estate:

• Parcel 23: 94.058-6-68, Location: 623 Seneca Avenue, Frontage X Depth: 80.00 X 80.00, LCC: 210-One Family Res (Minimum Bid - $19,024.23).
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• Parcel 24: 94.033-1-21, Location: 517 Connell St E, Frontage X Depth: 53.00 X 66.00, LCC: 210-One Family Res (Minimum Bid - $24,020.92).
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The auction is scheduled to be held at 10:00 a.m., Friday, December 20, 2024, at the first listed property location. The second property will be sold, on location, at 10:30 A.M.

The high bidder for each parcel must present at the auction a bid deposit of ten percent (10%) of the amount of the bid, either in cash or a certified check. This deposit will be held by the county until either the County Legislature rejects the high bid for the property or, if the County Legislature accepts the high bid, the closing of the sale. The deposit will be forfeited to the county if the high bidder refuses to close the sale after the bid has been approved by the County Legislature.

After the auction, the high bid for each parcel will be reported to the County Legislature. The legislature will accept or reject the bid within 30 days after the bid is reported to it. No sale may be completed until the legislature has approved the high bid.

The County reserves the right to withdraw any listed property from the auction at any time before the auction sale of that property. Full auction term and conditions are available in either office of the County Treasurer.