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a <br /> LEE COUNTY <br /> Committed Today for a Better Tomorrow <br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY <br /> LOCATED AT 1609 FARRELL ROAD <br /> WHEREAS, the County of Lee owns certain non-vacant property located at 1609 Farrell <br /> Road, PIN number 9665-16-7834-00, Lee County,North Carolina, as shown on a deed recorded <br /> in Deed Book 1496, Page 360, 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 $14,800.00; 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 $8,751.83; 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 Roy Allan Campbell and Jamie <br /> Campbell ("Offeror") to purchase the property described above in the amount of$8,753.00,plus <br /> 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 to defray advertising and administrative services; and, <br /> WHEREAS, the Lee County Board of Commissioners accepted the initial offer on May <br /> 1, 2023 and authorized staff to advertise the initial offer; and, <br /> WHEREAS, on May 6, 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 Roy Allan Campbell and Jamie Campbell is the final and highest bid <br /> received. <br /> WHEREAS, the Lee County Board of Commissioners authorized staff to advertise the <br /> initial offer in any higher, upsetting offer, subject to the upset bid procedure. <br /> FILED <br /> LEE COUNTY NC <br /> PAMELA G. BRITT <br /> REGISTER OF DEEDS <br /> FILED Jun 21, 2023 <br /> AT 04:13:40 pm <br /> BOOK 00003 <br /> START PAGE 0938 <br /> END PAGE 0939 <br /> INSTRUMENT # 03852 <br /> EXCISE TAX (None) <br />