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2 <br /> shall be repeated until no further qualifying upset bids are received, at which time the Board may <br /> accept the offer and sell the property to the highest bidder. The final offer will be brought back to <br /> the Board for consideration and approval. <br /> FINANCIAL IMPACT: Sale of this land will convert a non-productive capital asset into at least <br /> $4,500 that may be re-allocated to other County needs. <br /> ALIGNMENT WITH STRATEGIC PLAN: There are no Orange County Strategic Plan Goals <br /> applicable to this item. <br /> RECOMMENDATION(S): The Manager recommends that the Board: <br /> 1) Approve the sale of the 0.26 acres of land, PIN #9862246076, Hillsborough, NC through a <br /> negotiated offer, advertisement, and upset bid process, in accordance with North Carolina <br /> General Statute 160A-269; and <br /> 2) Review the offer to purchase the property and approve and authorize the Chair to sign the <br /> resolution authorizing the sale through this process. <br />