2018-36 RESOLUTION - LEGAL - SURPLUS PORPERTY - Authorizing Sale of Property Located at Boykin Ave PIN 9642-64-6420-00 12-17-18

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FILED LEE COUNTY NC PAMELA G. BRITT REGISTER OF DEEDS FILED Jan 29, 2019 AT 03:07:56 pm BOOK 00003 START PAGE 0530 END PAGE 0532 INSTRUMENT # 00494 EXCISE TAX (None) LEE COUNTY Committed Today for a Better Tomorrow RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED AT 1401 BOYKIN AVE PIN 9642-64-6420-00 WHEREAS, the County of Lee owns certain vacant property located at 1401 Boykin Avenue, PIN number 9642-64-6420-00, Lee County, North Carolina, as shown on a deed recorded in Deed Book 1470, Page 681, 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 $1,800.00; and, WHEREAS, the above -referenced property was conveyed to the County and the City of Sanford as the result of a foreclosure sale; and, WHEREAS, the amount of fees and taxes owed on the property as the result of such sale is $3,813.96; 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 City of Sanford, at its December 4, 2018 regular Council meeting approved deeding its interest in the parcel to the County for the County to dispose of 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 an offer submitted by Luis Gomez ("Offeror") to purchase the property described above in the amount of $800.00, plus any advertising costs, a copy of which is attached hereto; and, WHEREAS, Offeror has paid to the County Clerk the required 5 percent (5%) deposit on its offer and $200.00 of advertising costs; and, WHEREAS, the Lee County Board of Commissioners accepts the initial offer of $800.00; and, WHEREAS, the Lee County Board of Commissioners authorizes staff to advertise the initial offer in any higher, upsetting offer, subject to the upset bid procedure.