Title
Vote on a request to accept the offer in the amount of $10,000 for real property in ownership of Chatham County located at 5618 Piney Grove Church Road, Siler City, NC 27344, with Parcel ID number 0064987 as authorized by the prescribed method of "negotiated offer, advertisement, and upset bids" process defined by NC General Statute 160A-269
Abstract
Action Requested: Vote on a request to accept the offer in the amount of $10,000 for real property in ownership of Chatham County located at 5618 Piney Grove Church Road, Siler City, NC 27344, with Parcel ID number 0064987 as authorized by the prescribed method of "negotiated offer, advertisement, and upset bids" process defined by NC General Statute 160A-269
Introduction & Background: Chatham County received an offer of $10,000, by a private party, for a 1.148-acre parcel of land located at 5618 Piney Grove Church Road, Siler City, NC, with corresponding Parcel ID number 0064987, which is in the ownership of the County. Upon the subject property is one unoccupied mobile home. The County obtained possession of this property by way of a tax foreclosure sale in February 2018; the purchase price being $5,314.01, including interest, recording fee and excise tax.
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 exchange. Having an initial offer already made the Chatham County Board of Commissioners approved engaging in the "negotiated offer, advertisement, and upset bid" process, as defined by law at its March 21, 2022, regular meeting.
Since the initial offer acceptance by the Board of Commissioners, the offeror deposited 5% of the bid amount with the County, a notice of the offer was published in the News and Record as provided by the referenced state law and for the duration as r...
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