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CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />MARCH 19, 2018 <br />6:30 P.M. <br />Infrastructure and Asset Management - Offer for Purchase of tax <br />Foreclosure Property <br />BRIEF SUMMARY: <br />The Board of Commissioners authorized the sale of a foreclosed property <br />located at 337 Broad Drive SW in Concord. The original asking price was <br />$6,300.81 The property had recently received an offer to purchase <br />independently of the web service for $500 from Donald Watson. In order <br />to accept this offer to purchase, it is required to go through the standard <br />upset bid process. The process for upset bids is attached (G.S. 160A- <br />269). <br />An upset bid was received from Gary L. Boger, Jr. for $1,200. The upset <br />bid process was advertised and expired without any additional offers. <br />REQUESTED ACTION: <br />Motion to approve the final upset bid of $1,200 from Gary Boger. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />Kyle Bilafer, Area Manager of Operations <br />Michael Miller, Director of Infrastructure and Asset Management <br />BUDGET AMENDMENT REQUIRED: <br />No <br />F-13 Page 135 <br />