HomeMy WebLinkAboutRES-1995-053 Resolution - Assignment of Bid - In Rem Foreclosure Sale Conducted Pursuant to G.S. Section 105-375 70
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NORTH CAROLINA RESOLUTION: ASSIGNMENT OF
BID - IN REM FORECLOSURE
SALE CONDUCTED PURSUANT TO
ORANGE COUNTY G.S. SECTION 105-375
WHEREAS, G.S. Section 105-376(a) provides that
" (a)ny taxing unit . . . may bid at a foreclosure sale
conducted under G.S. . . . 105-375, and any taxing unit that
becomes the successful bidder may assign its bid at any time
by private sale for not less than the amount of the bid; " and
WHEREAS, when an assignment is made by Orange
County it must be signed A the county' s name by the chairman
of the board of commissioners; and
WHEREAS, board of county commissioner authority for
making the assignment should appear in the minutes of the
board by formal resolution.
NOW THEREFORE, be it RESOLVED that the Chairman of
the Orange County Board of Commissioners is hereby authorized
in the name of Orange County to execute on behalf of Orange
County the assignment of bid, a copy of which is attached
hereto and incorporated herein by reference.
This the 17th day of October , 19 95
The foregoing resolution was adopted following a
motion by Commissioner William Crowther
, seconded by
Commissioner Stephen Halkiotis
("AW4
Chairman, Orange County of
Commissioners
ATTES : 7
STATE OF NORTH CAROLINA File #
COUNTY OF ORANGE Film #
Orange County In the General Court of
Plaintiff Justice Superior Court
Division
Against Before the Clerk
Lelia T. Atwater
Defendant( s) ASSIGNMENT
Known all men by these presents that Orange County, having become
the last and highest bidder for that certain tract or parcel of real
estate described in the execution in the above entitled cause at a sale
held on the 26th day of September, 1995, I, Moses Carey, as Chairman of
the Board of Commissioners of Orange: County, pursuant to authority
vested in me by resolution of the Board of County Commissioners dated
October 17, 1995, do hereby, in consideration of Annette Huitt
Preston' s promise to pay the sum of $558.77, the amount of said bid, to
the sheriff upon confirmation of the sale, sell , set over, transfer and
assign the count' s bid made at said sale unto Annette Huitt Preston,
her heirs and assigns; and Lindy Pendergrass, sheriff in said sale, is
conveying said real estate to the said Annette Huitt Preston, her heirs
and assigns, upon the confirmation of said sale and upon payment to him
by the said Annette Huitt Preston of the purchase price.
Witness my hand and seal , this 17th da of Octobe 1995 .
eal )
Chairman of the Boar
Commissioners of Or g County
Attested By:
C Bo rd
(Seal )
NORTH CAROLINA
ORANGE COUNTY
I. C L"4. &Ker , Notary Public for said County and State,
certi y that y personally appeared before me this
day, and being by me druly sw n, acknowledged that she is clerk to the
board of Orange County and that by authority duly given and as the act
of the county, the foregoing instrument was signed in its name by the
chairman of the board of commissioners, sealed with its official seal ,
and attested by herself as clerk to the board.
Witness my hand and seal, this the 26 day of OOWC/- 1995.
Seal n &—d' )
No ry Public
My commission expires / 7 " ZZ 199