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5 <br /> Attachment #2 <br /> David Cates Offer 10/27/2022 <br /> STATE OF NOR7 H CCARGLI N A: <br /> COUNTY OF 0RAN GE <br /> OFFER TO PURCHASE ORANGE CDUNTY RE.AE PROPERTY <br /> This offer Is being; made as a npgotlated uffer., pursuant to N.C. Gere. Stat. 16GA-269, and oiher <br /> a ppllcalAe sectlons of thio North CaT01 Ina G enera 15ralvtes. The Term s of Th a of fer a re a s follioyn: <br /> 1. OF'FER: The unclerslgrw[l Otferror herhy of ler# to purchase the property described below frown <br /> OiariF-,Gounty For the Price of 5 OCOrl11.001 <br /> 2. PROPERTY; The piroperty upon which art offer is being made is that certain lot of Parcel of lard <br /> including all imp rovem erds tlRereun, situ ateLk In Hlllsb0fough T~ship, Hillsboro h, North <br /> Carol in a, 1291 F kung Street,lHI1zbormoF NC 27279. <br /> QT. "A-S 15" CONDITION; TI7<l.E, The Offeror a!tk novdedgm that this offer i5 fcrr the purchase-of the <br /> proper ty described alatwe I ri its 'as is" rcindltion. T Itl a wrl II k}e c(inveyed by SPCOa I WafFantyp <br /> deed, 1rep and clear of-all Ilens or encumbrances- <br /> 4. DEPOSIT: With this iu#for the. underskgniad loos de-pas.ited S'.►fi of the propurchme Price <br /> Willi titre county as r-egtrlred by law�refundalrle IFthe offer is not accepted), <br /> 5. PROPERTY TAX. A as urtiderstood that:the property Is currently tax exempt, but that pursuant to <br /> N.C. Gen. Stat. 105-2qId) the property m2y become taxalble for the fiscal year beginning July of <br /> the ca lerRlar year In Which It Is atgUked, in which case, the property taxes will be the <br /> rUspiOnS1113WlY of the Offeror_ <br /> 6. UPSET BID PROCEDURE: It Is undrrstrmd th.,it the this offer Is subjeet to ulpset bid procedures <br /> p,.arsuant to N.C. Geri,Stat, 16CA-2.69, and that io final action wOl be taken on a�cceptarice of this <br /> offer uritli the upset period has expired. It , aI;-0 understood that bV law, the County Board of <br /> Comrnlmloners Dia-Y reJeet this offee and arq,jpset bid ofFers at awry#tare. <br /> 7. ADVERTMING rST!S= Upon closinig. tNe €lfferor agrees to rpimbursp the advertkskn fees For all <br /> legal notice req uired u ndk-r N.C. Gen. Stat. IRA 2 69, <br /> 8. WITHDRAWAL- The County reseryps the right to withdraw the prropertV frorn sale at any time <br /> before the bid or any, upwit bids are accepted. <br /> [5lgn.&tyre Page to Follow) <br /> Date: 10/:27/2022 <br /> Initial: OEC <br />