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FILED
<br /> LEE COUNTY NC
<br /> PAMELA G. BRITT
<br /> REGISTER OF DEEDS
<br /> FILED Jun 10, 2024
<br /> AT 03:50:23 pm
<br /> BOOK 00004
<br /> START PAGE 0035
<br /> END PAGE 0036
<br /> INSTRUMENT # 03530
<br /> EXCISE TAX (None)
<br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY
<br /> LOCATED AT 1913 TEXAS SQUARE
<br /> WHEREAS,the County of Lee owns certain vacant property located at 1913 Texas
<br /> Square, PIN number 9670-25-5246-00, Lee County,North Carolina, as shown on a deed
<br /> recorded in Deed Book 1284, Page 946, in the office of the Register of Deeds for Lee County, to
<br /> which the record thereof reference is hereby made for more complete description; and,
<br /> WHEREAS,the taxable value of the property is $7,500.00; 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 $2,428.24; 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 Billy Wicker, III ("Offeror") on
<br /> February 13, 2024 to purchase the property described above in the amount of$2,428.24, plus any
<br /> advertising costs,
<br /> WHEREAS,the Lee County Board of Commissioners accepted the initial offer on March
<br /> 18, 2024 and authorized staff to advertise the initial offer; and,
<br /> WHEREAS,on March 23, 2024 the initial offer was advertised in The Sanford Herald,
<br /> starting the 10-day upset sealed bid period; and,
<br /> WHEREAS, the County received an upset bid offer from Jamie Campbell on March 26,
<br /> 2024 during the 10-day upset bid period for$2,750.00 which offer was advertised in The Sanford
<br /> Herald on April 6, 2024 starting the 10-day upset sealed bid period; and,
<br /> WHEREAS,the County received an upset bid offer from Billy Wicker, III on April 15,
<br /> 2024 during the 10-day upset sealed bid period for$2,937.50 which offer was advertised in The
<br /> Sanford Herald on April 20, 2024 starting the 10-day upset sealed bid period;
<br /> WHEREAS, no upset bids were received during the 10-day upset sealed bid period and
<br /> the upset bid offer of$2,937.50 from Billy Wicker, III is the final and highest bid received.
<br /> NOW, THEREFORE,BE IT RESOLVED by the Lee County Board of Commissioners
<br /> as follows:
<br />
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