HomeMy WebLinkAboutRES-2009-063 Resolution Authorizing Sealed Bid Sale with Upset Bid of Certain Real Property Owned by Orange CoResolution Authorizing Sealed Bid Sale with Upset Bid of
Certain Real Property Owned by Orange County
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WHEREAS, Orange County owns property located at the following locations: ~
- Highway 49 old ABC store, Cedar Grove-PIN# 9829408061 ~ G
- Homestead Community Center, 600 Homestead Road, Chapel Hill-PIN # 9779086412
- Clerk of Court Annex, 112 N. Churton Street, Hillsborough-PIN # 9874066435
- Graham Building, 118 N. Churton Street, Hillsborough-PIN # 874065497
- 1914 New Hope Church Road, Chapel Hill, NC; PIN # 9872862049
WHEREAS, North Carolina General Statute 160A-268 permits. the County to sell real property by
advertisement and sealed bid; and North Carolina General Statute 160A-269 permits an upset bid,
after receipt of an offer for the property;
THEREFORE, THE ORANGE COUNTY BOARD OF COMMISSIONERS RESOLVES THAT:
1. The Board of Commissioners hereby authorizes the sale of the following properties, by sealed bid,
with minimum bids established as shown, and including an upset bid process following the close
of initial bidding;
- Highway 49 old ABC store, Cedar Grove-PIN# 9829408061; Minimum bid $5,000;
- Homestead Community Center, 600 Homestead Road, Chapel Hill-PIN # 9779086412;
Minimum bid $275,000;
- Clerk of Court Annex, 112 N. Churton Street, Hillsborough-PIN # 9874066435; Minimum
bid $450,000;
- Graham Building, 118 N. Churton Street, Hillsborough-PIN # 874065497; Minimum bid
$130,000;
2. The County will accept sealed bids until 10:00 AM local time, Tuesday, October 13, 2009. Bids
shall be delivered to the office of the Director of Purchasing and Asset Management at 129 East
King Street, Hillsborough, North Carolina. Bids will be submitted by property in separate, sealed
envelopes marked clearly with the property name.
3. At 10:OOAM, Tuesday, October 13, 2009 all bids received shall be opened in public and the
amount of each bid recorded.
4. The record of bids shall be reported to the Board of Commissioners at their regular meeting on
Thursday, November 5, 2009. The Board of Commissioners will take action which proposes to
accept the offer, thereby commencing an upset bid process at this same meeting. Bids will remain
open and subject to acceptance until the Board of Commissioners award the bids.
5. To be responsible a bid must be accompanied by a bid deposit of five percent (5%) of the amount
of the bid. A bid deposit may take the form of cash, a cashier's check, a certified check, or a
surety bond. The deposit of the bidder to whom the award is made will be held until sale of the
property is closed; if that bidder refuses at any time to close the sale, the deposit will be forfeited
to the County. The deposits of other bidders will be returned at the time the Board of
Commissioners awards the property to the highest bidder, or until such time the original highest
responsible bid is overturned by an upset bid.
6. In addition, to be responsible, a bidder must be current on payment of all property taxes owed to
the County.
7. The County reserves the right to withdraw the property from sale at any time an he right to reject
all bids.
Adopted August 18, 2009.
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Valerie Foushee, Chair
onna S. Baker, CI ad