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,~~~_aa~q~ c~8~ <br />Resolution Authorizing Sale of Property 3 <br />WHEREAS, Orange County owns the following property: Homestead Community Center, 600 <br />Homestead Road, Chapel Hill-PIN # 9779086412 and; <br />WHEREAS, North Carolina General Statute § 160A-269 permits the County to sell property by upset <br />bid, after receipt of an offer for the property; and <br />WHEREAS, the County has received an offer to purchase the referenced properties as described <br />below: <br />Group Submitting Highest Amount of <br />Building Name Bid Highest bid <br />Homestead Community Center, Chapel Chapel Hill Training Outreach <br />Hill Project $275,000.00 <br />WHEREAS, the bidders have paid the required five percent (5%) deposit on their offers; <br />THEREFORE, THE ORANGE COUNTY BOARD OF COMMISSIONERS RESOLVES THAT: <br />1. The Board of County Commissioners authorizes sale of Homestead Community Center, Chapel <br />Hill to Chapel Hill Training Outreach Project for $275,000.00. . <br />2. The terms of the final sale are that <br />-the Board of County Commissioners approve the sale of the Homestead Community Center <br />to Chapel Hill Training Outreach Project, and <br />-the buyer must pay with cash at the time of closing. <br />3. The County reserves the right to withdraw the property from sale at any time before the final high <br />bid is accepted; and to reject all bids at any time. <br />Adopted December 15, 2009 <br />