2003 - 05-05-03 Regular Meeting - Laserfiche WebLink

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0 0 50 i9 FACE 0-17 RESOLUTION AUTHORIZING AUCTION SALE OF REAL PROPERTY KNOWN AS THE PARKING DECK WHEREAS, The County of Lee owns a parcel of land which is known as the "parking deck" and which is more fully described in a deed recorded in Book 100 Page 368 in the Lee County Registry that is surplus to its needs; and WHEREAS, North Carolina General Statute § 160A-270, which is made applicable to counties by North Carolina General Statute § 153A-176, permits the County to sell real property at public auction upon approval of the Board of Commissioners and after publication of a notice announcing the auction; THEREFORE, The Board of Commissioners of The County of Lee resolves that: 1. The parcel of land known as the "parking deck" and described in Book 100 Page 368 in the Lee County Registry is declared to be surplus to the needs of the County. 2. The Board of Commissioners authorizes the sale at public auction of the parcel of land as hereinbefore described. 3. Clinton C. Pickard, Auctioneer, is authorized to receive bids in the Board of Commissioner's behalf at public auction for the purchase of the parcel as hereinbefore described. 4. The terms of the sale are that the high bidder must present at the auction a bid deposit of five percent (5%) of the amount of the bid, either in cash, certified check or bank money order. This deposit will be held by the County until either the Board of Commissioners rejects the high bid for the property or, if the Board of Commissioners accepts the high bid, the closing of the sale, the deposit will be forfeited to the County if the high bidder refuses to close the sale after the bid has been approved and accepted by the Board of Commissioners. 5. The Clerk to the Board shall cause a Notice of Public Auction to be published in accordance with North Carolina General Statute § 160A-270(a), once the date of the auction is determined.