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FILED <br /> LEE COUNTY NC <br /> PAMELA G. BRITT <br /> REGISTER OF DEEDS <br /> ti cotiAr- FILED Oct 25, 2019 <br /> AT 03:25:20 pm <br /> qp <br /> BOOK 00003 <br /> * * START PAGE 0611 <br /> 'PT '11 <br /> . ;, 0\'N <br /> END PAGE 0612 <br /> • N CO( INSTRUMENT # 06389 <br /> EXCISE TAX (None) <br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY <br /> LOCATED AT LOT 29 WILDWOOD DRIVE PIN 9634-12-1809-00 <br /> WHEREAS, the County of Lee owns certain vacant property located at Lot 29 Wildwood <br /> Drive, Sanford, NC , PIN number 9634-12-1809, Lee County, North Carolina, as shown on a <br /> deed recorded in Deed Book 534, Page 196, in the office of the Register of Deeds for Lee <br /> County, to which the record thereof reference is hereby made for more complete description; <br /> and, <br /> WHEREAS, the taxable value of the property is $5,900; and, <br /> WHEREAS, the above-referenced property was conveyed to the County as the result of a <br /> foreclosure sale; and, <br /> WHEREAS, the only fees owed on the property are costs associated with a waterline <br /> assessment fee in the amount of$1,912.49; 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 Joseph Benjamin Lucas and <br /> Martha Franklin Lucas ("Offeror") to purchase the property described above in the amount of <br /> $1,500,plus any advertising costs, a 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 to defray advertising and administrative services; and, <br /> WHEREAS, the Lee County Board of Commissioners accepted the initial offer on $1,500 <br /> and authorized staff to advertise the initial offer; and, <br /> WHEREAS, on August 29, 2019 the initial offer was advertised in The Sanford Herald, <br /> starting the 10-day upset sealed bid period; and, <br />