NOTICE OF INTENT TO SELL
PLEASE TAKE NOTICE that the Tensas Basin Levee District hereby gives notice of its intent to offer for sale the office property located at 505 Disfrict Drive, Monroe, Louisiana 71202, together with any associated improvements. The property is generally described as the Tensas Basin Levee District office property in Monroe, Ouachita Parish, Louisiana. The legal description of the property is as follows:
Office/Warehouse Building with Surplus Land 505 District Drive, Monroe, Ouachita Parish, Louisiana.
Located along the north side of District Drive. Parcel ID #4568 4.5 acres beg 22 ft so of SE corner of NE 1/4 of NE 1/4 Section 24, Township 17 North, Range 3 East, West 834.56 ft, Northwest 245.77 ft, East 940.01 ft, so 222 ft to beginning. +/- 11,530 Sq Ft - Office/Warehouse. The proposed sale is subject to approval by the Board of Commissioners and to applicable Louisiana law.
The proposed consideration for the sale of the property is $476,000.00; the minimum acceptable bid shall be $476,000.00, as may be authorized by the District. The appraised value of the property is $476,000.00. The proposed contract, together with the terms and conditions of the proposed sale, is on file and available for public inspection at the Tensas Basin Levee District office, 505 District Drive, Monroe, Louisiana 71202, during normal business hours.
Any objections to the proposed sale will be received on June 3, 2026, at 9 am, at the Tensas Basin Levee District Offices at 505 District Dr., Monroe, Louisiana. Any person or entity interested in obtaining additional information regarding the proposed sale may contact the Tensas Basin Levee District office at (318) 323-1130 during normal business hours.
The Tensas Basin Levee District reserves the right to reject any and all offers, proposals, or expressions of interest, and to modify, delay, or cancel the proposed sale at any time, all as may be permitted by law and deemed in the best interest of the District.
By order of the Tensas Basin Levee District Board of Commissioners.
/s/Brandon Waggoner
Brandon Warroner-executive Director
Tensas Basin Levee District
12346142 5/21 5/28/26 ($344.65)