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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: November 1, 2022 <br /> Action Agenda <br /> Item No. 8-f <br /> SUBJECT: Approval of Sale of Orange County Property - PIN #9885833971, Hillsborough, <br /> NC <br /> DEPARTMENT: Asset Management Services <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> 1. Map Showing Location and Travis Myren, Deputy County Manager, <br /> Configuration of Property 919-245-2308 <br /> 2. 9/6/22 Resolution Authorizing the Steven Arndt, Asset Management <br /> Sale and Upset Bid Process for 0.27 Services Director, 919-245-2658 <br /> Acre Property, GIS PIN <br /> #9885833971, Hillsborough, NC <br /> 3. 5/24/22 Ricca Offer for the Purchase <br /> and Sale of Property <br /> PURPOSE: To consider approval of the sale of a County-owned 0.27 acre property, GIS PIN <br /> #9885833971, Hillsborough, NC. <br /> BACKGROUND: The County owns a 0.27 acre property, GIS PIN #9885833971, in Hillsborough, <br /> NC. The property is comprised of a narrow slice of land that is of little value to the County <br /> (Attachment 1 - Map of Property). The Orange County Tax Administration Office has valued the <br /> land at $3,800. <br /> At the September 6, 2022 Business meeting, the Board approved a resolution authorizing the sale <br /> of the property through an upset bid process (Attachment#2). The upset bidding process ensued <br /> shortly afterwards; however, no other bids were received for the property. Daniel and Jean Ricca <br /> provided the initial, uncontested bid of $4,000 for the property on May 24, 2022 (Attachment #3). <br /> In accordance with North Carolina General Statute 160A-269, the final offer for the sale of the <br /> property must be presented to the Board for consideration and approval. <br /> FINANCIAL IMPACT: The property consists of a narrow slice of vacant, unproductive land, of no <br /> strategic value to the County. Sale of the 0.27 acre property will convert a non-productive capital <br /> asset into $4,000 that may be re-allocated to other County needs. <br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goal impacts <br /> associated with this item. <br /> ENVIRONMENTAL IMPACT: There are no Orange County Environmental Responsibility Goal <br /> impacts associated with this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board: <br />