HomeMy WebLinkAboutAgenda 02-03-2026; 8-g - Proposed Sale of 1.24 Acre Property, PIN #9865614458, Hillsborough, NC 1
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: February 3, 2026
Action Agenda
Item No. 8-g
SUBJECT: Proposed Sale of 1.24 Acre Property, PIN #9865614458, Hillsborough, NC
DEPARTMENT: Asset Management Services
ATTACHMENT(S): INFORMATION CONTACT:
1. Map of Parcel Connor Wilkins, Asset Management
2. Dylan Grey Properties, LLC Offer to Services Assistant Director, 919-245-
Purchase 2689
3. Resolution Authorizing the Sale and Alan Dorman, Asset Management
Upset Bid Process for 1.24 Acre Services Director, 919-245-2627
Property, PIN #9865614458
PURPOSE: To approve the sale of a County-owned 1.24 acre property, PIN #9865614458, in
Hillsborough, NC, and approve a resolution authorizing the sale of the property through a
negotiated offer, advertisement, and upset bid process.
BACKGROUND: The County owns a 1.24 acre property, PIN #9865614458, in Hillsborough. The
property is an irregular slice of land of little value to the County (Attachment 1). The Orange
County Tax Administration Office has valued the land at $60,000. Dylan Grey Properties LLC,
owned by Jeanette Stephens, an adjacent neighbor, approached the County with an offer to
purchase for$10,000 (Attachment 2) and has submitted the proper documents and certified check
for $500.
When this parcel was originally established, the developer deeded the fee simple ownership to
Orange County and PINs were assigned. The lot was never reserved or dedicated as a public or
private right-of-way. It was common practice to create these lots as a "place holders" in the event
that adjacent tracts were developed and connectivity was needed.
In accordance with North Carolina General Statute 160A-269, public property may be sold through
a negotiated offer, advertisement, and upset bid process. As all offers for the purchase of County
property must be presented to the Board of County Commissioners for consideration, Attachment
3 is a resolution authorizing the sale of the property through an upset bid process. Should the
Board approve the offer for the sale of this property in this manner, a notice of sale will immediately
be placed in a local paper and on the County's Purchasing web page. The notice shall contain a
general description of the property, the amount and terms of the offer, and a notice that within ten
days any person may raise the bid by not less than ten percent (10%) of the first one thousand
dollars, and five percent (5%) of the remainder. When a bid is raised, the bidder shall deposit
with the County five percent (5%) of the increased bid, and the County shall re-advertise the offer
at the increased bid amount for an additional ten days. This procedure shall be repeated until no
further qualifying upset bids are received, at which time the Board may accept the offer and sell
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the property to the highest bidder. The final offer will be brought back to the Board for
consideration and approval.
FINANCIAL IMPACT: Sale of this land will convert a non-productive capital asset into at least
$10,000 that may be re-allocated to other County needs.
ALIGNMENT WITH STRATEGIC PLAN:
• MISSION STATEMENT — Orange County is a visionary leader in providing governmental
services valued by our community, beyond those required by law, in an equitable,
sustainable, innovative and efficient way.
RECOMMENDATION(S): The Manager recommends that the Board:
1) Approve the sale of 1.24 acres of land, PIN #9865614458, Hillsborough, NC through a
negotiated offer, advertisement, and upset bid process, in accordance with North Carolina
General Statute 160A-269; and
2) Review the offer to purchase the property and approve and authorize the Chair to sign the
resolution authorizing the sale through this process.
Orange County
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December 23, 2025his map contains parcels prepared for the inventory of real property within Orange County,and is compiled from recorded deed, plats,and other public records and data.
Users of this map are hereby notified that the aforementioned public primary information sources should be consulted for verification of the information contained on this map.
PIN: 9865614458 The county and its mapping companies assume no legal responsibility for the information on this map.
OWNER 1: ORANGE COUNTY NORTH CAROB: 1.24A BUILDING COUNT: 1:1,200
OWNER 2: DEED REF: 5758/52 LAND VALUE: $60,000 0 0.01 0.02 0.04 mi
ADDRESS 1: PO BOX 8181 RATECODE: 23 BLDG_VALUE: $0
ADDRESS 2: C/O TAX ADMINISTRATION TOWNSHIP HILLSBOROUGH USE VALUE: $0 0 0.015 0.03 0.06 km
CITY: HILLSBOROUGH BLDG SQFT: TOTAL VALUE: $60,000
STATE, ZIP: NC 27278 YEAR BUILT: DATE SOLD: 02/25/2014 ORANGE COUNTY
LEGAL DESC: S/O FAUCETTE MILL ROAD E/S MOLLIE COURT TAX STAMPS: 10 NORTH CAROLINA
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STATE OF NORTH CAROLINA
COUNTY OF ORANGE
OFFER TO PURCHASE ORANGE COUNTY REAL PROPERTY
This offer is being made as a negotiated offer, pursuant to N.C.Gen.Stat. 160A-269, and other applicable
sections of the North Carolina General Statutes. The terms of the offer are as follows:
1. OFFER: The undersigned Offeror hereby offers to purchase the property described below from
Orange County for the price of$ 10i QQ13 ( )
2. PROPERTY: The property upon which an offer is being made is that certain lot of parcel of land
including all improvements thereon, situated in Hillsborough Township, Hillsborough,
North Carolina, 'a PIN 4 % 56 I���F
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3. "AS IS" CONDITION; TITLE: The Offeror acknowledges that this offer is for the purchase of the
property described above in its"as is"condition. Title will be conveyed by special warranty deed,
free and clear of all liens or encumbrances.
4. DEPOSIT: With this offer the undersigned has deposited 5%of the proposed purchase price with
the county as required by law(refundable if the offer is not accepted).
5. PROPERTY TAX: It is understood that the property is currently tax exempt, but that pursuant to
N.C. Gen. Stat. 105-29(d) the property may become taxable for the fiscal year beginning July of
the calendar year in which it is acquired,in which case,the property taxes will be the responsibility
of the Offeror.
6. UPSET BID PROCEDURE: It is understood that the this offer is subject to upset bid procedures
pursuant to N.C. Gen.Stat. 160A-269, and that no final action will be taken on acceptance of this
offer until the upset period has expired. It is also understood that by law, the County Board of
Commissioners may reject this offer and any upset bid offers at any time.
7. ADVERTISING COSTS: Upon closing, the Offeror agrees to reimburse the advertising fees for all
legal notice required under N.C.Gen, Stat. 160A-269.
8. WITHDRAWAL: The County reserves the right to withdraw the property from sale at any time
before the bid or any upset bids are accepted.
(Signature Page to Follow]
Date:
Initial:_ _
5
OFFER TO PURCHASE ORANGE COUNTY REAL PROPERTY
P. 2
This the I'll day of DQ,Uffi 6 , 20��
(If a corporate Offeror)
(If Individual)
Name
+ Offeror:
of Entity
DcA
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t_ (Print Name)
By: Q.
Offeror:
Title:_� R.r __.._
(Print Name)
Attest: —
Corporate Secretary(Affix Corporate Seal)
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RES-2026-010
Attachment 3
Resolution Authorizing Upset Bid Process for 1.24 plot, GIS PIN #9865614458,
Hillsborough, NC
WHEREAS, Orange County owns certain property, 1.24 acres of land located at GIS PIN
#9865614458, Hillsborough, NC; and
WHEREAS, North Carolina General Statue 160A-269 permits the County to sell property by
upset bid, after receipt of an offer for the property; and
WHEREAS, Orange County has received an offer to purchase the property described above, in
the amount of$10,000 submitted by Jeanette Stephens, Owner of Dylan Grey Properties, LLC;
and
WHEREAS, Ms. Jeanette Stephens has paid the required five percent (5%) deposit on its offer;
THEREFORE, we, the Orange County Board of County Commissioners, resolve that:
1. The Orange County Board of County Commissioners authorizes the sale of the property
described above through the upset bid procedure of North Carolina General Statute
160A-269.
2. The Orange County Purchasing Agent shall cause a notice of the proposed sale to be
published. The notice shall describe the property and the amount of the offer, and shall
state the terms under which the offer may be upset.
3. Persons wishing to upset the offer that has been received shall submit a sealed bid with
their offer to the office of the Purchasing Agent, located at 131 West Margaret Lane,
Suite 300, Hillsborough, NC 27278, within 10 days after the notice of sale is published.
At the conclusion of the ten-day period, the Purchasing Agent shall open the bids, if any,
and the highest such bid will become the new offer. If there is more than one bid in the
highest amount, the first such bid received will become the new offer.
4. If a qualifying higher bid is received, the Purchasing Agent shall cause a new notice of
the upset bid to be published, and shall continue to do so until a 10-day period has
passed without any qualifying upset bids having been received. At that time, the
amount of the final high bid shall be reported to the Orange County Board of County
Commissioners.
5. A qualifying higher bid is one that raises the existing offer by not less than ten percent
(10%) of the first $1,000 of that offer and five percent (5%) of the remainder of that
offer.
6. A qualifying higher bid must also be accompanied by a deposit in the amount of five
percent (5%) of the bid; the deposit may be made in cash, cashier's check, or certified
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check. The County will return the deposit on any bid not accepted, and will return the
deposit on an offer subject to upset if a qualifying higher bid is received. The County
will return the deposit of the final high bidder at closing.
7. The terms of the final sale are that:
- The County must approve the final high offer before the sale is closed, which it will
do within 30 days after the final upset bid period has passed, and
- The buyer must pay with cash at the time of the closing.
8. The County reserves the right to withdraw the property from sale at any time before the
final high bid is accepted and the right to reject at any time all bids.
9. If no qualifying upset bid is received after the initial public notice, the offer set forth
above will be brought before the Board for final acceptance and the County Manager
will be authorized to execute the instruments necessary to convey the property to Dylan
Grey Properties, LLC.
This 3rd day of February, 2026.
Jean Hamilton, Chair
Orange County Board of Commissioners
Laura Jensen
Clerk to the Board