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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 anytime 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 21Stday of June , 2022 <br /> ZA, <br /> Renee Price, Chair <br /> Orange County Board of Commissioners <br /> Laura Jens <br /> Clerk to the Board <br /> c�'orth �L��° <br />