NOTICE OF SALE OF PROPERTY BY NEGOTIATED OFFER, ADVERTISEMENT AND UPSET BID

August 21, 2018

PLEASE TAKE NOTICE that the County of Alleghany (hereinafter the “County”) has received an offer for the purchase of certain real property owned by the County as described herein below and proposes to sell the same pursuant to the provisions of G.S. §160A-269. Said property is situated in Piney Creek Township, Alleghany County, North Carolina, and is more particularly described as follows:

BEING a portion of the following tract:

BEING LOT NO. 42, containing 0.590 acre of RIVER LAKE SUBDIVISION, as shown on the plat thereof recorded in Plat Book 7, at Page 6, in the Office of the Register of Deeds of Alleghany County, North Carolina, to which said plat and record thereof reference is hereby made for a more complete and detailed description.

Included herewith is the right to use the “30’ R/W” more particularly described as follows: BEGINNING on a nail in the center of a 30’ R/W located in River lake Subdivision, said nail also being in the western lot line of Lot No. 42 of River Lake Subdivision, thence with the center of new 30’ R/W and crossing Lot No. 42, North 88 22’ 06” East 118.43 feet to a nail near the southwestern corner of Lot No. 32 of Clearwater River Subdivision; thence South 67 04’ 22” East 34.19 feet to a nail; thence South 21 19’ 24” East 30.75 feet to a nail; thence South 09 53’ 39” West 33.35 feet to a nail; thence South 25 49’ 00” East 93.48 feet to a nail, said nail being in the Northern lot line of Lot No. 31-A and the southern lot line of Lot No. 31-B of Clearwater River Subdivision; thence with the division line of 31-A and 31-B, the following courses and distances: South 87 14’ 43” East 27.84 feet; North 55 13’ 22” East 38.71 feet; North 42 37’ 08” East 91.66 feet; thence North 58 19’ 04” East 65.68 feet to a nail located in the western lot line of Lot No. 73 of River Paradise Subdivision, being a common corner of Lot Nos. 31-A and 31-B of Clearwater River Subdivision; thence crossing Lot No. 73 of River Paradise Subdivision, North 58 19’ 04” East 10.45 feet to a nail; thence North 84 29’ 31” East 46.94 feet to a nail; thence crossing Lot No. 74, North 70 02’ 07” East 63.01 feet to a nail; thence North 80 25’ 20” East 72.45 feet to a nail located in Lot No. 75; thence running through Lot No. 75, North 47 33’ 09” East 71.31 feet to a nail; thence South 66 07’ 57” East 46.26 feet to a nail; thence South 38 35’ 01” East 38.15 feet to a nail; thence South 12 55’ 27” West 92.78 feet to a nail, said nail being located in the 60’ R/W that passes through River Paradise Subdivision, Clearwater River Subdivision, and River Lake Subdivision.

 

 

containing 0.590 acres, described as Tax Parcel Number 3013-22-9370

The above described property was acquired by the County of Alleghany under a Commissioner’s Deed dated April 21, 2016, and recorded at Deed Book 378, Page 3-5, Alleghany County Register of Deeds.

The County has received an offer of THREE HUNDRED AND 00/100’s ($300.00) DOLLARS.  A deposit of 5% (FIVE PERCENT) has been received along with said offer. Within ten (10) days of the date hereunder any person may raise said offer by filing an upset bid in writing, stating the amount of the new offer and the name and address of the offeror. The upset bid shall be in an amount no less than FOUR HUNDRED FIFTEEN AND 00/100’s ($415.00) DOLLARS, plus the cumulative costs of publication for this Notice and the recording costs for the Deed from the County to the buyer. Upset bids shall be delivered to Michael James, County Manager, Post Office Box 366, Sparta, NC 28675 (Physical Address:  348 South Main Street, LL80, Sparta, NC 28675), no later than 5:00 P.M. on September 4, 2018, and shall be accompanied by a deposit in the amount of FIVE (5%) PERCENT of the new offer in cash, or by certified or personal check made payable to Alleghany County.  Upset bids, if mailed, must be received in the office of the County Manager on or before the above stated date. In the event more than one upset bid is filed, the first upset bid received shall govern and all subsequent upset bids received shall be returned to their respective bidders. Upon receipt of an upset bid in compliance with the foregoing provisions, the property will be advertised again for additional upset bids, under the same procedure as set forth above, which procedure shall continue until no further upset bid has been received.

Upon the completion of all required upset bid periods the final offer received will be presented to the Alleghany County Board of Commissioners, which may accept the offer or reject the same. In the event the offer is rejected, the County may elect to sell the property again under the above stated procedure or under any other lawful procedure as permitted by Article 12, Chapter 160A, North Carolina General Statutes. In the event the offer is accepted, closing on the same must take place within thirty (30) days of said acceptance.

This the 21ST day of August 2018.

ALLEGHANY COUNTY BOARD OF COMMISSIONERS

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