TITLE
Title
SALE OF SURPLUS PROPERTY: 71 CLINTON AVE., HIGH POINT; 307 FOUTH ST., HIGH POINT; 729 731 MINNEOLA ST., GIBSONVILLE; 129 UNDERHILL ST., HIGH POINT.
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SPONSOR
Sponsor
Robert McNiece
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BACKGROUND
Background
On May 7, 2015 the Board of Commissioners voted to declare as surplus for properties located throughout Guilford County attained through Property Tax Foreclosure, dedication and gifting. At the direction of the Board, these properties approved to be sold by the Sealed Bid method as prescribed by NCGS 160A-268. On December 4, 2016, these properties were advertised for sale with Sealed Bids due on January 4, 2017 at 5:00PM. On January 5 at 9:00 AM, a public Bid Opening was held where we received bids on four (4) properties. All of these bids met the criteria as laid out in the Advertisement for Sealed Bid, including a Deposit of at least 5% in the form of Certified Funds. The four (4) highest bidders were declared as the Highest Qualified Bidder.
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BUDGET IMPACT
Budget Impact
NO ADDITIONAL COUNTY FUNDS REQUIRED
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REQUESTED ACTION
Requested Action
Approve the sale of surplus properties located at 71 Clinton Ave., High Point for $3000.00; 307 Fourth St., High Point for $3005.00; 729 731 Minneola St., Gibsonville for $4000.00; and 129 Underhill St., High Point for $4000.00 to the current highest bidder, forgiving any past due Taxes owed, and authorize staff to take all reasonable and necessary steps to execute the sale of the property.
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