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MIN <br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY <br /> LOCATED AT 110 ALCOTT STREET,PIN 9642-97-2671-00,LEE COUNTY,NORTH <br /> CAROLINA <br /> WHEREAS, the County of Lee owns certain vacant property located at 110 Alcott Street, <br /> PIN number 9642-97-2671-00, Lee County,North Carolina, as shown on a deed recorded in <br /> Deed Book 1284, Page 948, 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 $8,000; 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 $1,560.79; 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 David Webster("Offeror")to <br /> purchase the property described above in the amount of$1,600.00, 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 <br /> September 9, 2021 and authorized staff to advertise the initial offer; and, <br /> WHEREAS, on November 3, 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 David Webster is the final and highest bid received; and, <br /> WHEREAS, the City of Sanford deeded its portion of the property to the County on <br /> October 20, 2021; and, <br />