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10-17-16 Reg. Meeting
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10-17-16 Reg. Meeting
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11/15/2016 1:35:49 PM
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LEE COUNTY <br />� <br />Committed Today for a Better Tomorrow <br />RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED AT 128-134 STEELE <br />STREET IN SANFORD, NORTH CAROLINA <br />WHEREAS, the County of Lee owns certain property located at 128-134 Steele Street, <br />PIN number 9642-69-7614-00, in the City of Sanford, in Lee County, North Carolina, as shown <br />on a deed recorded in Deed Book 01299, Page 0469, in the office of the Register of Deeds for <br />Lee County, to which the record thereof reference is hereby made for more complete <br />description; and, <br />WHEREAS, North Carolina General Statutes §§ 153A-176 and 160A-269 permit the <br />county to sell property by upset bid, after receipt of an offer to purchase the property; and, <br />WHEREAS, the County of Lee proposes to dispose of the above described property as it <br />is surplus to our needs; and, <br />WHEREAS, the above -referenced property was conveyed to the County by Gift Deed <br />from Paul O. Howard and his wife, Barbara James Howard; and, <br />WHEREAS, the taxable value of the property is $604,000.00. <br />WHEREAS, the County received an offer submitted by Brandon Atkins, on behalf of the <br />Taboys Corporation ("Offeror"), to purchase the property described above in the amount of <br />$10,000.00 plus any advertising costs; and, <br />WHEREAS, Offeror has paid to the County Clerk the required 5 percent (5%) deposit on <br />its offer; and, <br />WHEREAS, at its regular meeting on October 3, 2016, the Lee County Board of <br />Commissioners accepted the offer of $10,000.00 from Brandon Atkins on behalf of Taboy's <br />Corporation and such offer was advertised in The Sanford Herald on October 5, 2016; and, <br />WHEREAS, no further upset bids were received during the 10 -day upset bid period and <br />the original offer form Brandon Atkins on behalf of Taboy's Corporation is the final and highest <br />bid received. <br />follows: NOW, THEREFORE, BE IT RESOLVED by the Lee County Board of Commissioners as <br />1. The Lee County Board of Commissioners hereby accepts the offer of $10,000.00 <br />from Brandon Atkins on behalf of Taboy's Corporation. <br />2. The terms of the final sale are as follows: Buyer must pay with cash, cashier's check <br />or certified check at the time of closing. <br />
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