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CABARRUS COUNTY <br />BOARD OF • • <br />* REGULAR MEETING <br />��8�a ��i ►� <br />MAY 21 <br />1 <br />`�iri�JJ1 /J� <br />6: 30 P .M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />County Manager - Sale of Foreclosed Property <br />BRIEF SUMMARY: <br />The County owns a number of smaller parcels that were obtained through <br />foreclosure for taxes due. Those properties may be sold based on the <br />methods and rules described in G.S. 105 -376 and G.S. 160A -266. <br />General Services has been providing basic maintenance of those <br />properties, but it would be more cost effective to sell or transfer them. <br />Staff suggests that the use of sealed bid with a minimum price of total <br />taxes owed be used for these sales. <br />REQUESTED ACTION: <br />Motion to approve the sale of foreclosed properties by the methods <br />described in the general statutes. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Jonathan B. Marshall, Deputy County Manager <br />BUDGET AMENDMENT REQUIRED: <br />No <br />COUNTY MANAGER'S RECOMMENDATIONS /COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a <br />Consent item. <br />F -3 Page 59 <br />