Title
Vote on a request to 1.) Accept the offer to purchase in the amount of $2,700.00 for real property in ownership of Chatham County located on US 64 E, Parcel #73184; 2.) require the offeror to deposit five percent (5%) of the bid with the Clerk to the County Board of Commissioners; 3.) publish a notice of the offer, which notice shall contain a general description of the property, the amount and terms of the offer, and a notice that within 10 days any person may raise the bid by not less than ten percent (10%) of the first one thousand dollars ($1,000) and five percent (5%) of the remainder; and 4.) otherwise initiate and follow the "negotiated offer, advertisement, and upset bids" process in NC General Statute 160A-269.
Abstract
Introduction & Background: Chatham County has received an offer of $2,700, by a private party, for a 0.192-acre parcel of land located on US 64 East, which is in the ownership of the County.
The County is authorized to dispose of real property belonging to it through five different methods defined by state law. These methods include private negotiation and sale; advertisement for sealed bids; negotiated offer, advertisement, and upset bid; public auction; and "negotiated offer, advertisement, and upset bid" process, as defined by law. NC G.S 160A-269 describes this process in detail, which includes those actions specified in this abstract.
Discussion & Analysis: The subject property is not currently in use by the County for an active public purpose, nor is it anticipated that any definable public use will be realized in the future if the County were to maintain ownership of this property.
The property is located between two parcels currently owned by the resident extending the offer to purchase.
How does this relate to the Comprehensive Plan: N/A
Budgetary Impact: The initial sale of the subject property will have a limited impact on the annual operating budget, as it will 1.) involve an expense associated with the...
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