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CABARRUS COUNTY <br />* <br />REGULAR <br />NOVEMBER 16, 2015 <br />1 <br />AGENDA CATEGORY: <br />Old Business <br />SUBJECT: <br />Infrastructure and Asset Management - Offer for Purchase of Tax <br />Foreclosure Property <br />BRIEF SUMMARY: <br />Tax foreclosure parcels that are not purchased through the courthouse <br />auction have been sold using an online surplus property web service. One <br />particular parcel, located at 607 J Avenue in Kannapolis, has recently <br />received an offer to purchase independently of the web service for $1,000 <br />from Dane Howard with DBH Construction and Renovation, LLC. DBH <br />Construction and Renovation, LLC recently purchased the property next <br />door located at 609 J Avenue. In order to accept this offer to purchase it is <br />required to go through the standard upset bid process. The process for <br />upset bids is attached (G.S. 160A -269) <br />* Allowing for the required 10 days, the upset bid deadline closed on <br />Thursday, October 29, 2015 at 4:00 p.m., by which time no upset bids <br />were receive, therefore completing the upset bid process. <br />REQUESTED ACTION: <br />Motion to award the 607 J Avenue property to Dane Howard, DBH <br />Construction and Renovation, LLC and to authorize the County Manager <br />and County Attorney to finalize the transaction and execute related <br />documentation. <br />EXPECTED LENGTH OF PRESENTATION: <br />5 Minutes <br />E -1 Page 26 <br />