Legislation Details

File #: 15-1298    Version: 2
Type: Agenda Item Status: Passed
File created: 6/2/2015 In control: Finance
On agenda: 6/15/2015 Final action: 6/15/2015
Title: Vote on a request to approve final offer on foreclosed property located at 2625 St. Luke Church Rd., Goldston.
Title
Vote on a request to approve final offer on foreclosed property located at 2625 St. Luke Church Rd., Goldston.
 
Abstract
Action Requested: Consideration to accept final offer on foreclosed property located at 2625 St. Luke Church Rd., Goldston.
      
Introduction & Background:
The Board of Commissioners adopted a resolution at the May 4, 2015 meeting, "Declaring Real Property Surplus and Authorizing the Sale of Said Property in the Negotiated Offer, Advertisement and Upset Bid Process".  The legal notice was placed in the Chatham News on May 7, 2015, with sealed upset offers due by May 18, 2015 at 5:00 PM. No additional offers were made.  
      
Discussion & Analysis:
The offer for parcel #60950, located at 2625 St. Luke Church Rd., Goldston was first considered at the April 20, 2015 Board of Commissioners meeting.  The offer was accepted for consideration and the Resolution was adopted on May 4th authorizing the competitive process through the Advertisement and Upset Bid process.
The offer of $4,000 by William Nelson and Valerie Morrow is the original and high offer for consideration.  The offeror will be responsible for all deed preparation, filing and closing cost.  A $200 bid deposit fee was paid to the County.      
 
Budgetary Impact:
All proceeds are credited to the Sale of Surplus Property
      
Recommendation:
Vote on a request to approve the offer of $4000 for parcel #60950 at 2625 St. Luke Church Road, Goldston, NC  27252