TITLE
Title
SALE OF SURPLUS PROPERTY
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SPONSOR
Sponsor
Dan Durham (Rick Mosher)
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BACKGROUND
Background
On May 7, 2015 the Board of Commissioners voted to declare as surplus properties located throughout Guilford County obtained through property tax foreclosure, dedication and gifting. At the direction of the Board, these properties were approved to be sold by the sealed bid method as prescribed by NCGS 160A-268. On September 29, 2019, these properties were advertised for sale with sealed bids due on October 31, 2019 at 5:00PM. On November 1, 2019 at 9:00 AM, a public bid opening was held where the following bids were received:
4305 Brookhaven Drive, Greensboro (Tax Value: $10,000; Minimum Bid Amount: $5,000): Received bid of $5,518.00 from Eugene & Kimberly Chrapowitzky
1303 Furlough Avenue, High Point (Tax Value: $5,000; Minimum Bid Amount: $2,000): Received bid of $2,000.00 from Risa M. Peets
6303 ZZ Quincy Lane, Gibsonville (Tax Value: $30,800; Minimum Bid Amount: $6,000): Received bid of $6,000.00 from Titus Land Holdings, LLC
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 highest bidders were declared the Highest Qualified Bidders.
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BUDGET IMPACT
Budget Impact
NO ADDITIONAL COUNTY FUNDS REQUIRED
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REQUESTED ACTION
Requested Action
Approve, in substantial form, the sale of surplus property located at 4305 Brookhaven Dr., Greensboro; 1303 Furlough Avenue, High Point; and 6303 ZZ Quincy Lane, Gibsonville to the current highest bidder, and authorize staff to take all reasonable and necessary steps to execute the sale of the property.
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