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t � ilk <br /> j <br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY <br /> LOCATED AT 0 CONE STREET <br /> WHEREAS, the County of Lee owns certain vacant property located at 0 Cone Street, <br /> PIN number 9653-40-6454-00, Lee County, North Carolina, as shown on a deed recorded in <br /> Deed Book 434, Page 75, 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 $10,700.00; and, <br /> WHEREAS, the above-referenced property was conveyed to the County as the result of a <br /> Sheriff's/foreclosure sale; and, <br /> WHEREAS, the amount of fees and taxes owed on the property as the result of such sale <br /> is $4,332.33; 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 Thomas Bridges ("Offeror") to <br /> purchase the property described above in the amount of$4,500.00, plus any advertising costs, a <br /> 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 /> August 21, 2023 and authorized staff to advertise the initial offer; and, <br /> WHEREAS, on August 26, 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 Thomas Bridges is the final and highest bid received. <br /> FILED <br /> LEE COUNTY NC <br /> PAMELA G. BRITT <br /> REGISTER OF DEEDS <br /> FILED Oct 03, 2023 <br /> AT 03:47:35 Pm <br /> BOOK 00003 <br /> START PAGE 0954 <br /> END PAGE 0955 <br /> INSTRUMENT # 06252 <br /> EXCISE TAX (None) <br /> i <br />