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LEE COUNTY <br />Committed Today for a Better Tomorrow <br />FILED <br />LEE COUNTY NC <br />PAMELA G. BRITT <br />REGISTER OF DEEDS <br />FILED Dec 19, 2018 <br />AT 03:19:17 pm <br />BOOK 00003 <br />START PAGE 0516 <br />END PAGE 0517 <br />INSTRUMENT # 07227 <br />EXCISE TAX (None) <br />RESOLUTION APPROVING SECOND UPSET BID FOR THE SALE <br />OF PROPERTY LOCATED AT 0 LEMON SPRINGS ROAD <br />LOT 2 PIN 9549-17-7784-00 <br />WHEREAS, the County of Lee owns certain vacant property located at 0 Lemon Springs <br />Road, PIN 9549-17-7784-00, Lee County N.C., as shown on a deed recorded in Deed Book <br />1470, Page 689 in the office of the Register of Deeds for Lee County, to which the record <br />thereof, reference is hereby made for more complete description; 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 above reference property has a taxable value of $13,000.00; and, <br />WHEREAS, the above referenced property was conveyed to the County of Lee as a result <br />of a foreclosure sale on August 31, 2017; and, <br />WHEREAS, the amount of fees and taxes owed on the property as the result of such sale <br />is $6,221.95; and, <br />WHEREAS, the County received an original offer submitted by Charles Martin to <br />purchase the property for $1,000.00 and that offer was approved at the July 23, 2018 regular <br />meeting of the Lee County Board of Commissioners; and, <br />WHEREAS, Mr. Martin paid the required 5 percent (5%) deposit and advertising costs <br />on his offer; and, <br />WHEREAS, the Lee County Board of Commissioners accepted his offer of $1,000.00 at <br />the July 23, 2018 meeting and authorized County staff to advertise the offer in The Sanford <br />Herald; and, <br />WHEREAS, the offer was advertised in The Sanford Herald on August 2, 2018; and <br />WHEREAS, David Taylor submitted a first upset bid in the amount of $1,100.00 on <br />August 7, 2018 and has paid the required five percent (5%) deposit and advertising costs; and, <br />WHEREAS, the Lee County Board of Commissioners accepted his first upset bid in the <br />amount of $1,100.00 on August 20, 2018; and, <br />WHEREAS, Mr. Taylor's first upset bid was advertised in The Sanford Herald on <br />A--+ 74 101 Q. .,.,.a <br />