10-17-16 Reg. Meeting - Laserfiche WebLink

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Aye: Dalrymple, Frazier, Knecht, Oldham, Reives, Sloan, and Smith Nay: None The Chair ruled the motion had been adopted unanimously. Pursuant to N.C. General Statute §153A-52.1, Chair Dalrymple opened the floor for Public Comments. The following signed up to speak and were allowed 3 minutes for comments: 1. Keith Clark, 212 Acorn Drive, Sanford (current events) The Board considered an offer to purchase county owned property located at 128-132 Steele Street. The County Attorney was instructed at the October 3rd meeting to begin the upset bid process for the above referenced property. Mr. Brandon Atkins, on behalf of Taboys Corporation, submitted an offer of $10,000.00 for said property. The upset bid Notice ran in the Sanford Herald on October 51n Ms. Parrish noted that no additional bids had been received during the 10 -day notice and therefore she was asking the Board to approve a Resolution accepting the offer of property by Mr. Brandon Atkins. After discussion, Commissioner Oldham moved to approve a Resolution Authorizing the Sale of Property Located at 128-134 Steele Street in Sanford, North Carolina, a copy of which is attached to these Minutes and by this reference made a part hereof. Upon a vote, the results were as follows: Aye: Dalrymple, Frazier, Knecht, Oldham, Reives, Sloan, and Smith Nay: None The Chair ruled the motion had been adopted unanimously. Tax Administrator Mary Yow and Appraisal Manager Lisa Faulkner presented the 2016 Sales/Assessment Ratio Report that provides the Tax Office's analysis of the current real estate market and discusses implications for the next reappraisal scheduled for January 1, 2019. Ms. Yow acknowledged appraisal staff for their work on the report. Ms. Faulkner stated the report is designed in an effort to provide a year-end review of real property sales within Lee County. It provides to the governing board and county administration a comparison of 2013 tax assess values to actual market sales. It also goes further to show the quality of real property tax assessments with the County. The report measures assessment quality by looking at the most recent calendar year's qualified real estate market transactions and comparing that information to corresponding 2013 tax assessed values. North Carolina law requires that property be assessed at 100% of its "true value" as of the date of its last reappraisal, which is currently January 1, 2013 for Lee County. Market conditions affecting properties can change almost daily, but tax assessments reflect market values as of one point in time; the last countywide reappraisal. No action was taken. The Board considered an assignment of foreclosure bid on two tracts of land on Hooker Street. County Attorney Whitney Parrish stated the County and City of Sanford were the highest bidders on two tracts of land on Hooker Street (pin # 9642-54-5616-00 and 9642-54-5705-00) in the amount of $1,947.15. Mr. Brandon Martin has approached the tax department and the county attorney's office in asking to have the County and City assign its bid to him. The total cost of the bid amount on both parcels is $3,894.31. North Carolina General Statutes 101-376(a) and 160A-267 permit the County and City to assign their bid by private sale for not less than the amount of the bid. The foreclosure sale is to be confirmed in December of this year and at that time if Mr. Martin would like to make an offer the property could be sold through the upset bid process. Ms. Parrish stated that the Sanford City Council heard the request at their October 4th meeting and voted unanimously not to assign the bid to Mr. Martin. After discussion, Commissioner Knecht moved to not assign the bid to Mr. Brandon Martin. N