RESOLUTION - SALE OF SURPLUS PROPERTY-HUMBER STREET - #2015-29

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(3 (() S - me q LEE COUNTY Committed Today for a Better Tomorrow RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED ON HUMBER STREET WHEREAS, the County of Lee owns certain vacant property located on Humber Street, PIN number 9652-10-9625-00, in the City of Sanford, Lee County, North Carolina, as shown on a deed recorded in Deed Book 496, Page 308, in the office of the Register of Deeds for Lee County, to which the record thereof reference is hereby made for more complete description; and, WHEREAS, the taxable value of the property is $8,600.00; and, WHEREAS, the above -referenced property was conveyed to the County as the result of a Sheriff's sale; and, WHEREAS, the amount of fees and taxes owed on the property as the result of such sale is $719.81; and, WHEREAS, North Carolina General Statutes §§ 153A-176 and 160A-269 permit the County to sell property by upset bid, after receipt of an offer to purchase the property; and, WHEREAS, the County of Lee proposed to dispose of the above described property as it is surplus to the County's needs; and, WHEREAS, the County received an offer submitted by Ronny and Deborah Shelton ("Offeror") to purchase the property described above in the amount of $800.00, and paid the required 5 percent (5%) deposit on its offer as well as all advertising costs; and, WHEREAS, the Lee County Board of Commissioners accepts the offer of $800.00 or any higher, upsetting offer, subject to the upset bid procedure. WHEREAS, at its regular meeting on September 21, 2015, the Lee County Board of Commissioners accepted the offer of $800.00 and such offer was advertised in The Sanford Herald on September 25, 2015; and, WHEREAS, no further upset bids were received during the 10 -day upset bid period, and the original offer from Ronny and Deborah Shelton is the final and highest bid received.