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Agenda - 06-21-2022; 8-t - Proposed Sale of the County Property (PIN #9779088613) Located in Chapel Hill
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Agenda - 06-21-2022; 8-t - Proposed Sale of the County Property (PIN #9779088613) Located in Chapel Hill
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6/16/2022 2:15:52 PM
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6/16/2022 2:02:12 PM
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BOCC
Date
6/21/2022
Meeting Type
Business
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Agenda
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8-t
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Agenda for June 21, 2022 BOCC Meeting
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7 <br /> deposit on an offer subject to upset if a qualifying higher bid is received. The County will <br /> return the deposit of the final high bidder at closing. <br /> 7. The terms of the final sale are that: <br /> - The County must approve the final high offer before the sale is closed, which it will do <br /> within 30 days after the final upset bid period has passed, and <br /> - The buyer must pay with cash at the time of the closing. <br /> 8. The County reserves the right to withdraw the property from sale at any time before the <br /> final high bid is accepted and the right to reject at any time all bids. <br /> 9. If no qualifying upset bid is received after the initial public notice,the offer set forth above <br /> is hereby accepted. The County Manager is authorized to execute the instruments <br /> necessary to convey the property to Ms. Catherine Gihlstorf, 8701 Drew Lane, Chapel <br /> Hill, NC, and Mr. Timothy Gallagher. <br /> This 215tday of June, 2022 <br /> Renee Price, Chair <br /> Orange County Board of Commissioners <br /> Laura Jensen <br /> Clerk to the Board <br />
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