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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 /> will be presented to the Board for final acceptance and the County Manager will be <br /> authorized to execute the instruments necessary to convey the property to Mr. and Mrs. <br /> Kumar, 1501 Valley Creek Drive, Hillsborough, NC. <br /> This 21St day of January, 2025. <br /> Jamezetta Bedford, Chair <br /> Orange County Board of Commissioners <br /> Laura Jensen <br /> Clerk to the Board <br />