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THE INDEPENDENT TRIBUNE January 23, 2011 and THE CHARLOTTE OBSERVER (Cabarrus Neighbors) January 23, 2011 ADVERTISEMENT FOR SEALED BIDS SALE OF COUNTY PROPERTY (Old Bethel School Property) The Board of Commissioners of Cabarrus County has authorized the sale by sealed bid of the par- cels of real estate (the "Property ") as set forth in Exhibit A which may.- be accessed at- ADVERTISEMENT FOR SEALED BiDS SALE OF COUNTY PROPERTY (Old Ballwl School Property) p.m., Monday, February 28, 2011, at the office of John Day, County Manager, Second Floor, Cabarrus Count Governmental Center, 65 Church Street, Concord, North Carolina. At 3:00 p.m. on February 28, 2011, all bids received shall be opened in public and the amount of each bid an- flounced and recorded. The record of bids shall be reported to the Board of Commissioners at their work session on Monday, March 7 2011. The Board of Commissioners will determine the high.. est responsible bidder for the Property and will award the bid by its regular meeting on Mondayy, March 21, 2011. The Property is being sold "as Is, where is ". Bids will remain open and subject to ac- ceptance until the Board of Commissioners awards the bid. Each bid must be accompanied by a bid deposit of five percent (5 %) of the amount of the bid. A bid deposit may take the form of cash, a cashier's check, a certified check, or a surety bond. The deposit of the bidder to whom the award is made will be held until sale of the Proper- I ty is closed; if that bidder refuses at any time to the sale the deposit will be forfeited to the County. The deposits of other bidders will be re- turned at the time the Board of Commissioners awards the Property to the highest responsible bidder. In order for a bid to be considered, the bid- der must be current on payment of all property taxes owed to the County. The County reserves the right to withdraw the Property from sale at any time and the right to reject all bids. Inquiries about the sale of the property may be made to the County Manager's office, Second Floor, Cabarrus County Governmental Center, 65 Church Street, Concord, North Carolina 28025. Inquiries related to the property, Including asbestos and lead based paint, should be addressed to Kyle Bilafer, General Services Director, at 704- 920 -3201. PUBLISH January 23, 2011 Attachment number 5 E -1 Page 33 LP6MM71