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RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED AT LOT 29 WILDWOOD DRIVE PIN 9634-12-1809-00 WHEREAS, the County of Lee owns certain vacant property located at Lot 29 Wildwood Drive, Sanford, NC , PIN number 9634-12-1809, Lee County, North Carolina, as shown on a deed recorded in Deed Book 534, Page 196, 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 $5,900; and, WHEREAS, the above -referenced property was conveyed to the County as the result of a foreclosure sale; and, WHEREAS, the only fees owed on the property are costs associated with a waterline assessment fee in the amount of $1,912.49; 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 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 Joseph Benjamin Lucas and Martha Franklin Lucas ("Offeror") to purchase the property described above in the amount of $1,500, 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 to defray advertising and administrative services; and, WHEREAS, the Lee County Board of Commissioners accepted the initial offer on $1,500 and authorized staff to advertise the initial offer; and, WHEREAS, on August 29, 2019 the initial offer was advertised in The Sanford Herald, starting the 10 -day upset sealed bid period; and,