2023 - 2 RESOLUTION - Sale of 573 Woodland Road, Sanford - 8-21-23

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RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED AT 573 WOOLARD ROAD, SANFORD WHEREAS,the County of Lee owns certain non-vacant property located at 573 Woolard Road, PIN number 8694-72-7292-00, Lee County, North Carolina, as shown on a deed recorded in Deed Book 1530, Page 75, 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 $28,000.00; and, WHEREAS,the above-referenced property was conveyed to the County as the result of a tax foreclosure sale and the amount of fees and taxes owed on the property as the result of such sale is $26,738.50; 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 by its Surplus Property Process; NOW, THEREFORE, BE IT RESOLVED by the Lee County Board of Commissioners as follows: 1. The Lee County Board of Commissioners declare the property located at 573 Woolard Road, Sanford,North Carolina PIN 8694-72-7292-00 to be surplus property. 2. The Lee County Board of Commissioners authorize the property to be advertised and sold through its Surplus Property Process at a minimum price of$26,738.50 which is the amount currently owed on the property. Bids lower than $26,738.50 shall be rejected. Dated this the day of August, 2023. KA D. Smith, Chair Lee County Board of Commissioners ATTEST: ,, /J 4"A&V� ` � /`-- Hailey Hall, ClerV Lee County Board of Commissioners ® ® cA�0 FILED LEE COUNTY NC PAMELA G. BRITT REGISTER OF DEEDS FILED Sep 27, 2023 AT 01:44:41 pm BOOK 00003 START PAGE 0950 END PAGE 0950 INSTRUMENT # 06119 EXCISE TAX (None)