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Yoder & Frey Auctioneers Inc - Absolute Construction Equipment Auction - Trenton Michigan 03/22/2012



MARCH 22, 2012
SECURED PARTY - COMPLETE LIQUIDATION ABSOLUTE AUCTION
ABC Paving Company/Michigan Roads
2650 Van Horn Road - Trenton, MI 48183

 

Auction Date: Thursday, March 22, 2012 Yard Manager: John Murra
Auction Time: 9:00 am Site Phone: (419) 865-3990
Inspection Dates: Monday, March 19, 2012 Site Fax: (419) 865-4595
Registration Dates: Tuesday, March 20, 2012 Yard Hours: 8:00 am - 5:00 pm
Auctioneers Headquarters: Payment Terms:
Buyers Premium: 3%
Additional 2% on online buyers
Site GPS Coordinates: 42.12747,-83.199404

Auctioneer License Number: Member of the MSAA

ATTENTION BUYERS - SEE "NOTES" BELOW

ATTENTION BUYERS
Note: Any Buyer who purchases an aggregate of $10,000 or more (Hammer Price) will be required to provide certain additional information (See PNC Worksheet), which will be used by the Bank to comply with Anti-Money Laundering and Anti-Terrorism Statutes.  Within two (2) days of supplying such information the Bank will determine whether accepting funds from the buyer would violate those statutes.  Equipment cannot be released until the earlier of approval or the expiry of the two (2) days. 

Note: This is a sale of assets of ABC Paving, Inc., Michigan Roads Maintenance Company LLC and related companies by PNC Bank, N.A., as secured creditor, pursuant to its rights under Article 9 of the Uniform Commercial Code as adopted in the State of Michigan. Successful approved buyers will receive a secured creditor bill of sale from PNC Bank, N.A. conveying ABC Paving Inc.’s and PNC Bank, N.A.’s interest in the assets to the extent provided under Article 9 of the UCC as adopted in the State of Michigan.

 

Early Listing:

CRAWLER TRACTORS: CAT D6R XL; 2003 CAT D6N LGP; (3) 2005 CAT D5G XL; 2004 CAT D5G LGP;

RUBBER TIRED LOADERS: (2) 2001 CAT 950G; (2) 2001 CAT 938G; 2001 CAT 928G; DRESSER 530;

LOADER BACKHOES/SKID STEER: 2004 CAT 420D; 2003 CAT 420D; (2) 2001 CAT 420D: 2005 CAT 268B;

EXCAVATORS: CAT 322BL; 2002 CAT 320CL; (2) SAMSUNG SE450 LC-2;

MOTOR GRADERS: 2005 CAT 12H; DRESSER A850; (2) DRESSER A550;

CRANE: GALION 150A ROUGH TERRAIN;

ASPHALT PAVERS: 2001 CAT AP1055B; CAT AP1055B; 2005 CAT AP655C;

ROLLERS/COMPACTORS: CAT CB334B; (2) DRESSER 8-12; DRESSER 5-8; (2) ROSCO ROLLPAC DELUXE III; 2004 BEUTHLING B60; (2) HYPAC C330B; 2001 CAT CS563D; (3) CAT CS563C; DYNAPAC CA25; DYNAPAC CA15D;

TAR KETTLES: (2) 2001 LEEBOY 250T;

TRACTORS: JOHN DEERE 401B; JOHN DEERE 401; JOHN DEERE 5210;

TRUCK TRACTORS(ALL TANDEM AXLE): 2009 PETERBILT 376; 2009 KENWORTH T800; (2) 2006 KENWORTH T800; (6) 2004 KENWORTH T800; 2000 KENWORTH T800; (2) 1992 KENWORTH T800; (3) 2001 FREIGHTLINER FLD120SD; (2) 2000 FREIGHTLINER FLD120SD; (2) 1994 FORD LTLS9000; 1993 FORD;

DUMP TRUCKS: (4) 1998 FORD LT9522 3/A; (2) 1995 FORD LTLS9000 3/A; 1995 FORD F800 2/A; 1993 FORD LTLS9000 3/A; 1993 FORD LTL9000 3/A; (3) 1991 FORD LT9000 2/A; 1991 INT’L 2/A; 1987 FORD L8000 2/A; 1985 GMC BRIGADIER 2/A;

MECHANICS TRUCKS: 2007 FORD F750; 2005 CHEVY 2500HD; 1995 FORD F800; 1981 CHEVY C30;

ASPHALT DISTRIBUTOR TRUCK: ETNYRE 2000 SERIES MTD. ON 1996 INT'L 4700;

WATER TRUCKS: 2000 INT’L 4900; 1989 FORD LTS9000 3/A; 1980 FORD 8000;

FLATBED/STAKE TRUCKS: 1995 INT’L 4700; 1994 FORD L8000; 1994 FORD F350; 1992 FORD LS8000; 1986 FORD F350;

PICKUPS: (6) 2006 FORD F250 ¾ T; (5) 2004 FORD F150 STX ½ T; 2004 FORD RANGER XLT 4X4; (4) 2000 FORD F250 ¾ T; 2001 FORD F150 ½ T; 1999 FORD F150 ½ T; 1998 FORD F150 ½ T; 1997 FORD F150 ½ T; 1997 FORD ECONOLINE E150;

SUV’S: 2006 JEEP LIBERTY; (2) 2005 JEEP GRAND CHEROKEE LAREDO; 2005 FORD EXPEDITION EDDIE BAUER EDITION; (2) 2008 FORD EXPEDITION EDDIE BAUER EDITION; 2002 FORD EXPLORER; 2000 FORD EXPLORER; 1997 FORD EXPEDITION;

AUTOS: 2008 FORD FOCUS; (3) 2008 FORD FUSION;

LOWBOY TRAILERS: 2005 ETNYRE 55 TON; 1992 ROGERS 50 TON;

“LEADS” & “PUP” DUMP TRAILERS: FRUEHAUF 5/A ALUM PUP; FRUEHAUF 6/A PUP; (2) FRUEHAUF 5/A PUP; FRUEHAUF 3/A ALUM LEAD; (16) FRUEHAUF; (6) FRUEHAUF LEAD; (3) DORSEY LEAD; ALFAB 6/A PUP; (2) EAST 3/A LEAD; (8) EAST 5/A PUP; (5) DORSEY; (2) BENSON; (2) CITY; GARWOOD;

FLATBED TRAILER: 1996 HUDSON;

EQUIPMENT TRAILERS: 2001 TALBERT TBT25 25’ 3/A; 1999 TALBERT TBT25 25' 3/A; (2) 2000 TOW MASTER 20’; 1987 EAGER BEAVER 3/A;

CARGO TRAILERS: (2) 2001 HAULMARK 5’ X 8’; 2000 HAULMARK 5’ X 8’;

MISC. TRAILERS: 1990 FRUEHAUF; 1975 FRUEHAUF TANK;

MISC: (3) STONE 65CM CONCRETE MIXERS; AIR COMPRESSORS; PUMPS; LIGHT PLANT;

Bidder/Buyer acknowledges and agrees that as part of any proposed sale, PNC is required, by law, to confirm that each prospective Bidder/Buyer and each equity holder of each such entity is not or shall not be: (i) a person with whom PNC is restricted from doing business under any Anti-Terrorism Law (as hereinafter defined) or Anti-Money Laundering statutes, (ii) engaged in any business involved in making or receiving any contribution of funds, goods or services to or for the benefit of such a person or in any transaction that evades or avoids, or has the purpose of evading or avoiding, the prohibitions set forth in any Anti-Terrorism Law or any Anti-Money Laundering statutes, or (iii) otherwise in violation of any Anti-Terrorism Law. For the purposes of these terms and conditions, “Anti-Terrorism Law” shall mean any laws relating to terrorism or money laundering, including Executive Order No. 13224, effective September 24, 2001, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56, the laws comprising or implementing the Bank Secrecy Act, the Foreign Corrupt Practices Act, as jointly enforced by the United States Justice Department and the Securities and Exchange Commission, and the laws administered by the United States Treasury Department's Office of Foreign Assets Control (as any of the foregoing orders or laws may from time to time be amended, renewed, extended, or replaced). Any successful Bidder/Buyer at the sale who purchases items with gross sale prices that, in the aggregate, are ten thousand dollars or greater, shall be required, prior to settlement, to provide Auctioneer with: (i) in the case of an individual Bidder/Buyer, his or her name and home address; (ii) in the case of entity Bidders/Buyers that are not publically traded entities, the name, address and taxpayer identification number, of such entity as well as the names and addresses of all shareholders/members/ managers and officers of such entity; and (iii) such information about the successful Bidder’s/Buyer’s source of funds as PNC may request to insure compliance with Anti-Terrorism Law. No such sale shall be settled until two Business Days after a successful Bidder/Buyer has provided all required information to PNC’s sole satisfaction. PNC reserves the right, without liability to the Bidder/Buyer, to reject any bid if: (i) the Bidder/Buyer fails to provide the requested information; (ii) PNC determines, in its sole and absolute discretion, that consummation of the sale to the Bidder/Buyer may (1) cause PNC to be in violation of any Anti-Terrorism Law, (2) have an adverse reputational risk to PNC; or (iii) PNC is unable to make a determination as to whether PNC will be in violation of any Anti-Terrorism law by consummating the sale to the successful Bidder/Buyer. In the event that any successful Bidder/Buyer fails to provide the required information or is disqualified, the auction sale may, at the sole discretion of PNC, be voided. In the event that any sale is voided, Auctioneer shall within five (5) business days return all funds paid by Bidder/Buyer in connection with such sale.

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