RESOLUTION - 2ND UPSET BID ON JONESBORO LIBRARY BLDG. #2013-33

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d0)1- 33- LEE COUNTY Committed Today for a Better Tomorrow RESOLUTION APPROVING SECOND UPSET BID FOR THE SALE OF PROPERTY LOCATED AT 309 W. MAIN STREET IN THE CITY OF SANFORD WHEREAS, the County of Lee owns certain property located at 309 W. Main Street, Sanford, North Carolina, as shown on a deed recorded in Deed Book 113, Page 552 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, 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 received an original offer submitted by Mary Dangerfield, on behalf of MacAdell & Associates, Inc. and WXKL 1290 AM Radio, to purchase the property described above in the amount of $65,000; and, WHEREAS, Ms. Dangerfield paid to the County Clerk the required five percent (5 %) deposit on its offer plus advertising costs; and, 4W WHEREAS, the Lee County Board of Commissioners accepted Ms. Dangerfield's offer of $65,000 at the Board's regular meeting on October 7, 2013, and such offer was advertised in the Sanford Herald on October 10, 2013; and, WHEREAS, Jonesboro Heights Baptist Church submitted a first upset bid in the amount of $68,300 and paid to the County Clerk the required five percent (5 %) deposit on its offer plus advertising costs; and, WHEREAS, the Lee County Board of Commissioners accepted this first upset bid offer from Jonesboro Heights Baptist Church at its regular meeting on October 21, 2013, and such first upset bid offer was published in the Sanford Herald on October 25, 2013; and WHEREAS, Ms. Mary Dangerfield, on behalf of MacAdell & Associates, Inc. and WXKL 1290 AM Radio, has submitted a second upset bid offer in the amount of $71,675; and, WHEREAS, Ms. Dangerfield has paid to the County Clerk the required five percent (5 %) deposit on its offer plus advertising costs; and, WHEREAS, the Lee County Board of Commissioners accepts this second upset bid offer of $71,675 or any higher, upsetting offer, subject to the upset bid procedure. NOW, THEREFORE, BE IT RESOLVED by the Lee County Board of Commissioners as follows: The Lee County Board of Commissioners authorizes the sale of property described above through the upset bid procedure of North Carolina General Statute § 160A- 269.