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FILED
<br /> LEE COUNTY NC
<br /> PAMELA G. BRITT
<br /> REGISTER OF DEEDS
<br /> FILED Aug 20, 2021
<br /> AT 08:43:47 am
<br /> BOOK 00003
<br /> START PAGE 0734
<br /> END PAGE 0735
<br /> cot'vjiINSTRUMENT# 06924
<br /> 4110 ' EXCISE TAX (None)
<br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY
<br /> LOCATED AT WAKEFIELD DRIVE, PIN 9623-27-2100-00, LEE COUNTY, NORTH
<br /> CAROLINA
<br /> WHEREAS, the County of Lee owns certain vacant property located at Wakefield Drive,
<br /> PIN number 9623-27-2100-00, Lee County, North Carolina, as shown on a deed recorded in
<br /> Deed Book 1470, Page 683, in the office of the Register of Deeds for Lee County, to which the
<br /> record thereof reference is hereby made for more complete description; and,
<br /> WHEREAS, the taxable value of the property is $5,500; and,
<br /> WHEREAS, the above-referenced property was conveyed to the County as the result of a
<br /> foreclosure sale; and,
<br /> WHEREAS, the amount of fees and taxes owed on the property as the result of such sale
<br /> is $2,265.00; and,
<br /> WHEREAS, North Carolina General Statutes §§ I53A-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 Jacob Glenn ("Offeror")
<br /> purchase the property described above in the amount of$2,265.00, 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 to defray advertising and administrative services; and,
<br /> WHEREAS, the Lee County Board of Commissioners accepted the initial offer on June
<br /> 7, 2021 and authorized staff to advertise the initial offer; and,
<br /> WHEREAS, on June 30, 2021 the initial offer was advertised in The Sanford Herald,
<br /> starting the 10-day upset sealed bid period; and,
<br /> WHEREAS, no further upset bids were received during the 10-day upset bid period and
<br /> the original offer from Jacob Glenn is the final and highest bid received.
<br /> WHEREAS the i PP r.,,,,,+., n -a _r,._ _ • . _ k`
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