HOTELI
MAESTRAL joint
stock company for
hotel-management and
tourism, Dubrovnik, Cira Carica 3 (hereinafter referred as Vendor), acting on
the resolution of its Supervisory Board of 24th October 2001, publishes the
following
INVITATION
TO BID
FOR SALE OR JOINT VENTURE IN RESTORING AND OPERATING
HOTEL
COMPLEX “DUBROVNIK PALACE” IN DUBROVNIK
I.1.
The subject matter of the sale is hotel complex “Dubrovnik Palace” in
Dubrovnik
with surrounding lands, in its present state, (plot building number 1665,
2058 plot
land number 821, 822, 817/4, 817/5, 818/2, 819 and a part of 820 K.O.
Gruz (old
geodetic survey) with remark that the public littoral zone (demesne) has
not yet
been determined.
I.2.
Conditions of the sale:
a)
starting purchase price EUR 4.950.000,00:
b)
payment term-10% of the purchase price in the term of eight
(8) days from the
date of Agreement for Sale and Purchase, and the rest in three (3) equal
monthly
instalments, with provision that the Agreement for Sale and Purchase will
become
effective with the day of the payment of the total amount of the purchase
price;
c)
security for payment-the Bidder is obliged to give
to the Vendor an acceptable
instrument of security for the payment of the purchase price:
d)
taking over in permanent employment of sixty (60) employees of the
Vendor,
choice of employees subject to mutual agreement;
To the Bidder who is not ready to take over all of the sixty (60)
employees of the
Vendor, the offered purchase price will be increased for the amount of
EUR
10.000,00 for each employee not taken over:
The Bidder who offers a shorter period for restoring and opening of the
hotel
“Dubrovnik Palace” will have the advantage on others under condition
that the
other elements of the offer are the same.
I.3.
The offer has to include the following essential elements:
-
the name and the address of the Bidder;
-
proof of payment of bond;
-
price, term and manner of payment of the offered price,
-
number and time-table of taking over of Vendor’s employees;
-
proof of citizenship for physical persons, or excerpt from registration
of the
competent Commercial Court for companies;
I.4.
Sale tax on sale of real property, expenses of Agreement and
authentication of the
Agreement, as well as all other taxes and expenses are to be born by the
Purchaser.
(15) days from the day the decision of the General Assembly of the Vendor
on
giving approval to the Management for the sale of real property has been
received
by the Purchaser. In case the Agreement is not executed in said term
because of the
default of the Purchaser, it is to be concluded that the Purchaser has
abstained from
purchase. In that case the bond is not to be returned and is to belong to
the Vendor.
II.
JOINT VENTURE
II.1.
Invited are physical and legal persons interested in restoration of the
hotel complex
“Dubrovnik
Palace”, ready to participate in the joint venture of restoring and
operating the restored hotel complex, in which HOTELI MAESTRAL d.d. is to
participate by contributing the hotel complex “Dubrovnik Palace” and
surrounding
lands in the present state-to file offers in which they are to describe
the concept of
restoration of the hotel complex “Dubrovnik Palace” and the terms and
conditions
of the joint venture in which they would participate.
III.1.
When submitting offers for purchase (point I.) or joint venture (point
II.) the Bidder
is obliged to pay a bond in amount of EUR 50.000,00 to the foreign
exchange
account of
the Vendor with the Dubrovacka banka d.d. Dubrovnik account number:
31700-620-16 70010-3440885 with note “Bond”.
The right to participate in this public competition have all physical and
legal persons
who have paid the bond deposit in given term.
The bond will be taken into account of the purchase price to the best
Bidder, while
to other Bidders will be returned.
III.2.
Written offers with all enclosures have to be received by the vendor not
later than
31st December 2001.
Offers can be submitted personally or by first class mail in closed
envelopes with
note “For public competition-DO NOT OPEN” to the address:
HOTELI MAESTRAL d.d. Dubrovnik, Cira Carica 3, HR-20000 Dubrovnik,
Republic of Croatia. Late offers and not complete offers will not be
examined.
III.3.
The Commission for opening and selecting the offers will open received
offers in the
term of 15 days from the day of expiration of the term for submission of
offers.
III.4.
HOTELI MAESTRAL d.d. retains the right not to chose anyone of the arrived
offers or to annul
the public competition without explanation, having no
responsibility for this decision, nor accepting any responsibility to
anyone of the
Bidders.
III.5.
The inspection of real property in question can be made with prior
understanding
with the Management of the Company on tel. 020-437-330 and 437-331.
Further information can be obtained in the offices of the Vendor in
Dubrovnik, Cira
Carica 3 or on the above mentioned telephones.
III.6.
Legal-technical documentation of the hotel complex “Dubrovnik Palace”
can be
obtained in company offices in Dubrovnik, Cira Carica 3, every working
day from
9,00 to 12,00 hrs by payment of Kuna 2.000,00.
Hoteli Maestral d.d.