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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: June 21, 2022 <br /> Action Agenda <br /> Item No. 8-t <br /> SUBJECT: Proposed Sale of the County Property (PIN #9779088613) Located in Chapel <br /> Hill <br /> DEPARTMENT: Asset Management Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1. Offer for the Purchase and Sale of Travis Myren, Deputy County Manager, <br /> Improved Property 919-245-2308 <br /> 2. North Carolina General Statute 160A- Steven Arndt, Asset Management <br /> 269 Negotiated Offer, Advertisement, Services Director, 919-245-2658 <br /> and Upset Bids <br /> 3. Resolution Authorizing the Sale and <br /> Upset Bid Process <br /> 4. Plat Showing Property/ PIN <br /> #9779088613 <br /> PURPOSE: To consider the approval of the sale of County-owned property (PIN# 9779088613) <br /> located off of Homestead Road in Chapel Hill, NC, and the approval of a resolution authorizing <br /> the sale of the property through a negotiated offer, advertisement, and upset bid process. <br /> BACKGROUND: This County-owned property, consisting of a landlocked 0.12 acre site was <br /> conveyed to the County's recreation department in 1984. David Stancil, the Director of the <br /> Department of Environment Agriculture Parks and Recreation, indicates the property has no value <br /> for recreation purposes. An adjacent building and lot was the Homestead Community Center. <br /> The County owned the site, and operated programs at the facility in the 1990's. The County <br /> eventually sold the property with the Homestead Community Center and should have sold PIN# <br /> 9779088613 at the same time, but did not. The former Asset Management Director for the County <br /> recognized this oversight and discussed her intention with the County Attorney to pursue selling <br /> it many years ago, but left employment with the County before that could occur. <br /> The property has a listed value of $150,000. However, the Tax Administrator indicates this is an <br /> incorrect valuation. She indicates the department will "correct the value for 2023, and an estimate <br /> would be $7,500." This value was not previously corrected due to its status as an exempt County <br /> owned property. This estimated value does not take into account the lack of access and the lack <br /> of development potential. <br /> Catherine Gihlstorf, an adjacent property owner located at 8701 Drew Lane, Chapel Hill, and <br /> Timothy Gallagher approached the County with an offer to purchase the property for $500 <br /> (Attachment 1). She has submitted the required 5% deposit to the County. <br />