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that bids would be accepted until 3 p.m. on May 5, 2017. No offers were submitted on the
<br />properties. No action was taken.
<br />D. Update on Surplus Property Located at 830 Eagles Nest Drive, Sanford, NC
<br />County Attorney Whitney Parrish provided an update and proposed a final
<br />resolution authorizing the sale of property located at 830 Eagles Nest Drive, Sanford, NC.
<br />Attorney Parrish stated that on May 1, 2017, the Board of Commissioners accepted an
<br />offer to purchase the property from Kenneth Garrett, on behalf of KGC-LLC for $2,326.77.
<br />Lee County acquired the property through a foreclosure sale in 2013. The total amount of
<br />fees and taxes owed on the property is $2,326.77, and the taxable value is $3,500.00. The
<br />newspaper advertisement was run in The Sanford Herald on May 4, 2017. The ten days
<br />required for the upset bid to stay open expired on May 14, 2017. Attorney Parrish
<br />requested the Board's authorization of county officials and staff to execute the necessary
<br />sale documents. Commissioner Knecht moved to approve the Final Resolution Authorizing
<br />the Sale of Surplus Property Located at 830 Eagles Nest Drive, Sanford NC, a copy of the
<br />final resolution authorizing the sale is attached to these minutes and by this reference
<br />made a part hereof. Upon a vote, the results were as follows:
<br />Aye: Dalrymple, Dodson, Knecht, Oldham, Reives, Sharpe
<br />Nay: None
<br />Absent: Sloan
<br />The Chair ruled the motion had been adopted 6-0.
<br />E. Audit Contract with Thompson, Price, Scott, Adams & Co, P.A.
<br />Finance Director Lisa Minter requested approval of an audit contract with
<br />Thompson, Price, Scott, Adams & Co, P.A. for the fiscal year ending June 30, 2016. She
<br />stated that the County is required to have an audit of its financial statements each year. On
<br />April 2, 2015, the Board approved a 5 -year audit services proposal with Thompson, Price,
<br />Scott, Adams & Co, P.A. Each year, the Local Government Commission requires that a
<br />Contract to Audit Accounts be approved by the audit firm, the Board of Commissioners and
<br />the LGC before the audit work can begin. The cost of the audit is $35,500.00 and will be
<br />included in the fiscal year 2017-2018 budget. Commissioner Oldham moved to approve
<br />the audit contract with Thompson, Price, Scott, Adams & Co, P.A., a copy of which is
<br />attached to these minutes and by this reference made a part hereof. Upon a vote, the
<br />results were as follows:
<br />Aye: Dalrymple, Dodson, Knecht, Oldham, Reives, Sharpe
<br />Nay: None
<br />Absent: Sloan
<br />The Chair ruled the motion had been adopted 6-0.
<br />F. Letter of Appreciation for Jahmir Smith
<br />Commissioner Reives requested the Board's approval of a letter of appreciation for
<br />Jahmir Smith. He provided that Jahmir Smith, junior at Lee County High School, has
<br />received over 30 scholarship offers including 8 from ivy league schools for both his
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