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FILED <br /> LEE COUNTY NC <br /> PAMELA G. BRITT <br /> REGISTER OF DEEDS <br /> FILED Jan 29, 2024 <br /> AT 08:51:24 am <br /> BOOK 00003 <br /> START PAGE 0986 <br /> END PAGE 0988 <br /> INSTRUMENT # 00500 <br /> EXCISE TAX <br /> None <br /> RESOLUTION AUTHORIZING THE SALE OF PROPERTY <br /> LOCATED AT 573 SHARPE ROAD, PIN 9569-64-1198-00 <br /> WHEREAS, the County of Lee owns certain non-vacant property located at 573 Sharpe <br /> Road, PIN number 9569-64-1198-00, Lee County, North Carolina, as shown on a deed recorded <br /> in Deed Book 1390, Page 937, 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 $ 23,800.00; 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 $ 9301.83; 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 Jamie Campbell ("Offeror") on <br /> December 11, 2023 to purchase the property described above in the amount of$ 9301.83, plus <br /> any advertising costs, a copy of which is attached hereto; and the County received an offer <br /> submitted by Wai Hung Ng ("Offeror") on December 12, 2023 to purchase the property <br /> described above in the amount of$ 10,000.00, plus any advertising costs, a copy of which is <br /> attached hereto; <br /> WHEREAS,both Offerors have paid to the County Clerk the required 5 percent(5%) <br /> deposit on their offers and $200.00 of advertising costs; and, <br /> WHEREAS, the Lee County Board of Commissioners accepts the initial offer of Wai <br /> Hung Ng in the amount of$10,000.00; 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 />