TITLE
Title
CONVEYANCE PROPERTY: 508 TENTH STREET, GIBSONVILLE, NC TO THE TOWN OF GIBSONVILLE
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SPONSOR
Sponsor
Robert McNiece
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BACKGROUND
Background
On May 7, 2015, the Guilford County Board of Commissioners declared the above referenced property as surplus property to be sold through Sealed Bid, Upset Bid or other applicable guidelines. Pursuant to N.C.G.S. 160A-274, the property may be sold to another governmental unit through negotiated sale without the need for Upset Bids. The current value of the property is recorded in the Tax Value record books as $9,600. The Town of Gibsonville has requested the property at no cost to them, to construct a town Community Park and Soccer Stadium.
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BUDGET IMPACT
Budget Impact
NO ADDITIONAL COUNTY FUNDS REQUIRED
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REQUESTED ACTION
Requested Action
Authorize conveyance of County-owned surplus property located at 508 Tenth Street, Gibsonville, NC to the Town of Gibsonville. Authorize the County Manager to enter into and execute conveyance agreement with the Town of Gibsonville, and authorize staff to take all reasonable and necessary steps to execute the conveyance of the property.
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