2024 - 5 RESOLUTION - Authorizing the Sale of Property Located at 331 Harbor Trace - 8-19-24

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FILED LEE COUNTY NC PAMELA G. BRITT REGISTER OF DEEDS FILED Oct 17, 2024 AT 01:57:41 Pm BOOK 00004 START PAGE 0053 END PAGE 0054 INSTRUMENT # 06565 EXCISE TAX (None) YIIM w RESOLUTION AUTHORIZING THE SALE OF PROPERTY LOCATED AT 331 HARBOR TRACE WHEREAS, the County of Lee owns certain vacant property located at 331 Harbor Trace, PIN number 9660-91-9608-00, Lee County, North Carolina, as shown on a deed recorded in Deed Book 1335, Page 832, 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 $7,000.00; and, WHEREAS, the above-referenced property was conveyed to the County as the result of a foreclosure sale; and, WHEREAS,the amount of fees and taxes and dues owed on the property as the result of such sale is $5,394.14; 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; and, WHEREAS, the County received an offer submitted on July 1, 2024 by Cheryl Crist ("Offeror")to purchase the property described above in the amount of$4,000.00,plus any advertising costs, a copy of which is attached hereto; and, WHEREAS, Offeror has paid to the County Clerk the required 5 percent(5%)deposit on its offer and $200.00 to defray advertising and administrative services; and, WHEREAS, the Lee County Board of Coin missioners accepted the initial offer on July 15, 2024 and authorized staff to advertise the initial offer; and, WHEREAS, on July 20, 2024 the initial offer was advertised in The Sanford Herald, starting the 10-day upset sealed bid period; and, WHEREAS, no further upset bids were received during the 10-day upset bid period and the original offer from Cheryl Crist is the final and highest bid received. NOW, THEREFORE, BE IT RESOLVED by the Lee County Board of Commissioners as follows: