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LEE COUNTY <br /> Committed Today for a Better Tomorrow <br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY <br /> LOCATED AT 0 W FOREST OAKS DRIVE, PIN 9667-87-8477-00, LEE COUNTY <br /> NORTH CAROLINA <br /> WHEREAS, the County of Lee owns certain vacant property located at 0 W Forest Oaks <br /> Drive SR1469, PIN number 9667-87-8477-00, Lee County,North Carolina, as shown on a deed <br /> recorded in Deed Book 434, Page 73, in the office of the Register of Deeds for Lee County, to <br /> which the record thereof reference is hereby made for more complete description; and, <br /> WHEREAS, the taxable value of the property is $15,400; and, <br /> WHEREAS, the above-referenced property was conveyed to the County as the result of a <br /> Sheriff's foreclosure sale; and, <br /> WHEREAS, the amount of fees and taxes owed on the property as the result of such sale <br /> is $3,156.93; 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 the County's needs; and, <br /> WHEREAS, the County received an offer submitted by Michael Jones ("Offeror") to <br /> purchase the property described above in the amount of$4,000.00, plus any advertising costs, a <br /> copy of which is attached hereto; and, <br /> WHEREAS, Offeror has paid to the County Clerk the required 5 percent (5%) deposit on <br /> its offer and $200.00 of advertising costs; and, <br /> WHEREAS, the Lee County Board of Commissioners accepts the initial offer of <br /> $4,000.00 ; and, <br /> WHEREAS, the Lee County Board of Commissioners authorizes staff to advertise the <br /> initial offer in any higher, upsetting offer, subject to the upset bid procedure. <br /> NOW, THEREFORE, BE IT RESOLVED by the Lee County Board of Commissioners <br /> as follows: <br /> 1. The Lee County Board of Commissioners authorizes the sale of the property described <br /> above through the upset bid procedure of North Carolina General Statute §160A-269. <br />