RESOLUTION - Upset Bid for Property at 0 Black Rd - -#2016-6

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ico - (6, LEE COUNTY Committed Today for a Better Tomorrow RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED AT 0 BLACK ROAD WHEREAS, the County of Lee owns certain vacant property located at "0" Black Road, PIN number 9547-05-9203-00, in Lee County, North Carolina, as shown on a deed recorded in Deed Book 1324, Page 721, 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 $4,300.00; and, WHEREAS, the above -referenced property was conveyed to the County as the result of a tax foreclosure; and, WHEREAS, the amount of fees and taxes owed on the property as the result of such sale is $1,481.93; 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 proposes to dispose of the above described property as it is surplus to the County's needs; and, WHEREAS, the County received two offers, one submitted by Michael D. Talbott in the amount of $1,446.84 and a second offer from Ryan Johnson in the amount of $1,500.00, copies of which are attached hereto; and, WHEREAS, both offers are subject to the payment of advertising costs; and, WHEREAS, both Mr. Talbott and Mr. Johnson have paid to the County Clerk the required 5 percent (5%) deposit on their offers; and, WHEREAS, the Lee County Board of Commissioners accepts the higher offer of $1,500.00 from Mr. Johnson, or any higher, upsetting offer, subject to the upset bid procedure. NOW, THEREFORE, BE IT RESOLVED by the Lee County Board of Commissioners as follows: 1. The Lee County Board of Commissioners authorizes the sale of the property described above through the upset bid procedure of North Carolina General Statute § 160A-269.