Minutes - March 19, 2012 Regular Meeting

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BK:00024 PG:0812 LEE COUNTY © O G34© Gnai G B Committed Today for a Better Tomorrow RESOLUTION AUTHORIZING THE SALE OF A BUILDING AND TWO LOTS ON LINDEN AVENUE IN THE CITY OF SANFORD TO THE SANFORD HOUSING AUTHORITY WHEREAS, Lee County acquired title to a Building and three lots on the South side of Linden Avenue in the City of Sanford by Deed recorded in Book 432 Page 580 in the Office of the Register of Deeds for Lee County with the property bearing the PIN Numbers of 9643 -82- 1177-00, 9643 -82- 0185 -00 and 9643 -82- 2250 -00; and more particularly described as follows: All of Lot Numbers 54, 55, and 56 according to a map entitled "Property of Father George Mills, Sanford, NC" made by Southern Mapping and Engineering Company Greensboro, NC, dated May 15, 1954, and recorded in Map Book 5, Page 17, Lee County Registry, to which map reference is made for a more perfect description. WHEREAS, the Board of Commissioners of Lee County desires to dispose of the Building and two of the Lots, Lots 55 and 56, upon which the Building stands as being surplus to the County's needs, and; WHEREAS, the County has the authority pursuant to North Carolina General Statutes §153A -176 to dispose of real property belonging to it according to the procedures prescribed in North Carolina General Statutes, Chapter 160A, Article 12 and has the specific authority pursuant to North Carolina General Statute §160 -279 to convey by private sale real property which it owns to a public or private entity which carries out a public purpose, and; WHEREAS, the Sanford Housing Authority, is a non - profit corporation serving the public purpose of providing decent and safe rental housing for eligible low- income families, the elderly, and persons with disabilities, and; WHEREAS, the Sanford Housing Authority, by and through the authority of its Board of Directors and Executive Director, has offered to purchase from the County the Building and Lots 55 and 56 upon which the Building stands as described above for the sum of FOURTY THOUSAND DOLLARS ($40,000) and agreed to use the property in furtherance of its public purpose.