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AG 2012 08 20
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AG 2012 08 20
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Last modified
8/21/2012 1:00:56 PM
Creation date
11/27/2017 11:10:58 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/20/2012
Board
Board of Commissioners
Meeting Type
Regular
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ADVERTISEMENT FOR SEALED BIDS <br />SALE OF COUNTY PROPERTY <br />(Old Bethel School Property) <br />Publish Date: August 7, 2012 <br />Bid Due Date: August 17, 2012 at 5:00 p.m. <br />The Board of Commissioners of Cabarrus County has authorized the sale by upset <br />bids of the parcels of real estate (the "Property ") attached as Exhibit A. <br />Persons wishing to upset the $17,000 offer that has been received shall submit <br />a sealed bid with their offer to the office of the county manager within 10 <br />days after the notice of sale is published. During the 10 day bidding period, <br />the clerk shall open any bids received, if any, and the highest such bid will <br />become the new offer. If there is more than one bid in the highest amount, the <br />first such bid received will become the new offer. <br />If a qualifying higher bid is received, the county clerk shall cause a new <br />notice of upset bid to be published, and shall continue to do so until a 10 -day <br />period has passed without any qualifying upset bids having been received. At <br />that time, the amount of the final high bid shall be reported to the County <br />Commission. <br />A qualifying higher bid is one that raises the existing offer by not less than <br />ten percent (100) of the first $1,000.00 of that offer and five percent (5 %) of <br />the remainder of that offer. <br />The Board of Commissioners will determine the highest responsible bidder for <br />the Property and may award the bid by its next regular meeting. The Property <br />is being sold "as is, where is ". Bids will remain open and subject to <br />acceptance until the Board of Commissioners awards the bid. For a bid to be <br />considered, it must be in a minimum amount of $17,900. <br />Each bid must be accompanied by a bid deposit of five percent (5 %) of the <br />amount of the bid. A bid deposit may take the form of cash, a cashier's check, <br />a certified check, or a surety bond. The deposit of the bidder to whom the <br />award is made will be held until sale of the Property is closed; if that bidder <br />refuses at any time to close the sale, the deposit will be forfeited to the <br />County. The deposits of other bidders will be returned at the time the Board <br />of Commissioners awards the Property to the highest responsible bidder. <br />In order for a bid to be considered, the bidder must be current on <br />payment of all property taxes owed to the County. <br />The County reserves the right to withdraw the Property from sale at any <br />time and the right to reject all bids and the right to treat the high bid as an <br />offer to purchase the Property and advertise the Property for upset bids. <br />Inquiries about sale of the Property may be made to the County Manager's <br />office, Second Floor, Cabarrus County Governmental Center, 65 Church Street, <br />Concord, North Carolina 28026. Inquiries related to the Property, including <br />asbestos and lead based paint, should be addressed to Kyle Bilafer, General <br />Services Director, at 704 - 920 -3201. <br />Attachment number 2 <br />E -1 Page 62 <br />
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