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2023 - 6 RESOLUTION - Authorizing the Sale of Property Located at 0 Olivia Road - 3-6-2023
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2023 - 6 RESOLUTION - Authorizing the Sale of Property Located at 0 Olivia Road - 3-6-2023
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Last modified
4/12/2023 12:24:13 PM
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4/12/2023 11:58:23 AM
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Admin-Clerk
Document Type
Resolution
Committee
Board of Commissioners
Date
3/6/2023
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FILED <br /> LEE COUNTY NC <br /> PAMELA G. BRITT <br /> REGISTER OF DEEDS <br /> FILED Mar 27, 2023 <br /> AT 10:01:12 am <br /> BOOK 00003 <br /> START PAGE 0910 <br /> END PAGE 0911 <br /> INSTRUMENT# 01720 <br /> EXCISE TAX (None) <br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY <br /> LOCATED AT 0 OLIVIA ROAD <br /> WHEREAS, the County of Lee owns certain vacant property located at 0 Olivia Road, <br /> PIN number 9558-73-9361-00, Lee County, North Carolina, as shown on a deed recorded in <br /> Deed Book 1590, Page 392, in the office of the Register of Deeds for Lee County, to which the <br /> record thereof reference is hereby made for more complete description; and, <br /> WHEREAS, the taxable value of the property is $5,000.00 and, <br /> WHEREAS, the above-referenced property was conveyed to the County as the result of a <br /> tax foreclosure sale; and, <br /> WHEREAS, the amount of fees and taxes owed on the property as the result of such sale <br /> is $4,988.29 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 James A. Schassburger <br /> ("Offeror")to purchase the property described above in the amount of$500.00 plus any <br /> 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 to defray advertising and administrative services; and, <br /> WHEREAS, the Lee County Board of Commissioners accepted the initial offer on <br /> February 6, 2023 and authorized staff to advertise the initial offer; and, <br /> WHEREAS, on February 15, 2023 the initial offer was advertised in The Sanford Herald, <br /> starting the 10-day upset sealed bid period; and, <br /> WHEREAS, no further upset bids were received during the 10-day upset bid period and <br /> the original offer from James A. Schassburger is the final and highest bid received. <br />
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