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FILED
<br /> LEE COUNTY NC
<br /> PAMELA G. BRITT
<br /> REGISTER OF DEEDS
<br /> FILED Jun .24, 2024
<br /> AT 09:56:08 am
<br /> BOOK 00004
<br /> START PAGE 0038
<br /> END PAGE 0039
<br /> INSTRUMENT # 03814
<br /> EXCISE TAX (None)
<br /> ,N,,,,ENti';D RESOLUTION AUTHORIZING THE SALE OF PROPERTY
<br /> LOCATED AT 1413 TEXAS SQUARE
<br /> WHERE,,.WHERE,*,.S, the County of Lee owns certain vacant property located at 1413 Texas
<br /> Square, PIN number 9670-25-5246-00, Lee County, North Carolina, as shown on a deed
<br /> recorded in Deed Book 1294, Page 946, in the office of the Register of Deeds for Lee County, to
<br /> %vhich the record thereof reference is hereby made for more complete description; and,
<br /> WHEREAS, the taxable value of the property is S7,500.00; 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, ,he 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 I0-day upset sealed bid period; and,
<br /> WHEREAS, the County received an upset bid offer from Billy Wicker, III on A>)ril 15,
<br /> 2024 during the 10-day upset sealed bid period for$2,937.50 which offer was advertised in The
<br /> Scrnlord Herald on April 20, 2024 starting .he 10-day upset sealed bid period:
<br /> WHEREAS, DO upset bids were receives; during the 10-day upset sealed bid periesi s.:
<br /> tic. uj�set bid offer `turn Siliv III is the final r,, I ighest bid
<br /> r OW, T'HERT _ 6 s Lee Cot:r,ty _3oa--u
<br /> u; fol,
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