AG 2010 08 16 - Laserfiche WebLink

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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 parcels of real estate (the "Property") attached as Exhibit A. The County will accept sealed bids for the Property until 3:00 p.m., Thursday, September 30, 2010, at the office of John D. Day, County Manager, Second Floor, Cabarrus County Governmental Center, 65 Church Street, Concord, North Carolina. At 3:00 p.m. on September 30, 2010, all bids received shall be opened in public and the amount of each bid announced and recorded. The record of bids shall be reported to the Board of Commissioners at their work session on Monday, October 4, 2010. The Board of Commissioners will determine the highest responsible bidder for the Property and will award the bid by its regular meeting on Monday, October 18, 2010. No bid of less than $200,000.00 will be considered and the Property is being sold "as is, where is ". Bids will remain open and subject to acceptance until the Board of Commissioners awards the bid. Each bid must be accompanied by a bid deposit of five prevent (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 Property is closed; if that bidder refuses at any time to close the sale, the deposit will be forfeited to the County. The deposits of other bidders will be returned at the time the Board of Commissioners awards the Property to the highest responsible bidder. In order for a bid to be considered, the bidder must be current on payment of all property taxes owed to the County. all bids. The County reserves the right to withdraw the Property from sale at any time and the right to reject Inquiries about the property and the sale may be made to the County Manager's office, Second Floor, Cabarrus County Governmental Center, 65 Church Street, Concord, North Carolina 28025. Attachment number 1 F -1 Page 32