The Wrangell sentinel., 1952-05-23
NATIONAL FOREST TIMBER
FOR SALE

Oral auction bids will be received by the Regional Forester, Room 4O5, Federal building, Juneau, All aska, beginning at 200 P. NJ, June 24. 1852. for all the merchant able dead timber, standing orI down, and all the live timber mark ed or designated for cutting on an area totaling approximately 600 acres tributary to Security Bay la goon, Kuiu Island, Tongass Nation al Forest, Alaska. Timber volume is estimated to be 10000 NJ board feet more or less, of Sitka spruce, western hemlock and cedar saw timber, and 1000 linear feet, more or less, of piling The basic value of the timber according to long term normal market and operating con tions is $2.50 per M for spruce, $1.00 per M for hemlock, $150 per NJ for cedar, .01e per linear foot for piling up to and including 95I feet in length, and .01 1ac per lin- ear foot for piling over 95 feet in length. No bid will be considered which is less than these base rates applicable through the entire per iOd of the sale, plus at least S250I per M for spruce, $1.00 per M for hemlock, sO.9O per M for cedar Ole per linear foot for piling upI to and including 95 feet in length and .01 F ( per linear foot for pil over 95 feet in length, the totah rates to apply to all timber GU prior to April 15, 1854. On tha date and at other times as stated in the contract, total rates will be determined, but in no event vii | rates below those bid for sprucel become effective until at least 5000 M board feet of spruce haveI been cut, sealed and paid for, nor will rates below those bid for hem lock become effective until at least 2000 M board feet of hemlock have been cut, sealed and paid for. In addition to payments for stumpage a deposit of 10e per M for all spruce, hemlock and cedar sawtim- Der cut will be required for stand improvement work Sealed bids re- ceiVed prior to 2:00 P. NJ. June "A, 1852, will be posted for the in- formation of all bidders. Each bid der will, prior to beginning of auc- tion, submit to the Forest Officer conducting the auction a sealed bid as qualification to participate in the oral bidding. These sealed bids will be opened and those which meet the requirements of the ad- Vertisement will be posted. This posted list of sealed bids will con l stitute the list of qualified bidders permitted to participate in the ora auction. The high bid will be de- termined by totaling the multipli-I cation of rates bid for spruce and hemlock sawtimber only A prelim- mary award will be made t~ the highest qualified bidder at tn close of bidding. Such high bidder must there upon immediately siga a Confirmation of Oral Bid for Advertised Timber" at the highest rate bid by him at the auction. Any person entering a bid at the auc-I tion must post with the Forest Of-l ficer in charge as a guarantee al bank draft or certified check inl the amount of $2OOO payable to theI Treasurer of the United States which will, in the case of the suc- cessful bidder, be applied to the purchase price of the timber. Ten per cent may be retained as liquid ated damages if the contract and bond are not exa""tad by the suc- cessful bidder within the required time. Deposits of unsuccessful bid
 ders will be returned immediately after completion of the auction
 Within 30 days of designation at the auction the successful bidder must post a performance bond in the amount of 5000 as an addi- tional guarantee O. faithful perfor- nance of the contract. Primary manufacture outside the territory of AlaCta of any part of the tim
 her is subject to the consent of thei Regional Forester. The right is re- served to reject any or all bids re- ceived. Before bids are submitted
 full information concerning the timber. the condition of sale and the submission of bids should be- obtained from the Division Super visor, Petersburg, Alaska. or the Regional Forester. Juneau, Alaska.
 Publication dates:
 May 23, 1852
 June 13. 1852