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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 03:29:16 pm <br />BOOK 00003 <br />START PAGE 0520 <br />END PAGE 0522 <br />INSTRUMENT # 07229 <br />EXCISE TAX (None) <br />RESOLUTION AUTHORIZING THE SALE OF PROPERTY <br />LOCATED AT 2055 LONG POINT TRAIL PIN 9670-14-1084-00 <br />WHEREAS, the County of Lee owns certain vacant property located at 2055 Long Point <br />Trail, PIN number 9670-14-1084-00, Lee County, North Carolina, as shown on a deed recorded <br />in Deed Book 1303, Page 332, in the office of the Register of Deeds for Lee County, to which <br />the record thereof reference is hereby made for more complete description; and, <br />WHEREAS, the taxable value of the property is $30,000.00; 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 $3,385.23; 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 Wayne Langston on behalf of <br />Coast2Coast Group ("Offeror") to purchase the property described above in the amount of <br />$750.00, plus any advertising costs, a copy of which is attached hereto; and, <br />WHEREAS, Offeror has paid to the County Clerk the required 5 percent (5%) deposit on <br />its offer and $200.00 of advertising costs; and, <br />WHEREAS, the Lee County Board of Commissioners accepts the initial offer of <br />$750.00; and, <br />WHEREAS, the Lee County Board of Commissioners authorizes staff to advertise the <br />initial offer in any higher, upsetting offer, subject to the upset bid procedure. <br />NOW, THEREFORE, BE IT RESOLVED by the Lee County Board of Commissioners <br />as follows: <br />1. The Lee County Board of Commissioners authorizes the sale of the property described <br />above through the upset bid procedure of North Carolina General Statute § 160A-269. <br />