Title:
Land Acquisition - Irvins Creek Greenway Tax Foreclosure
Action:
ACTION:
Authorize the County Manager to execute all documents necessary for acquisition of Tax Parcels 135-365-01 (±7.19 acres) and 135-365-22 (±9.11 acres) on Irvins Creek for future greenway construction.
Staff Contact: Meredith Nesbitt, Asset and Facility Management
Presentation: No
BACKGROUND/JUSTIFICATION:
Tax Parcels 135-365-01 and 135-365-22 (±16.3 acres) are located in Mint Hill between Beaver Dam Lane and Lawyers Road and owned by Bob McLemore & Co, Inc. The current property owner has not paid taxes on the properties since 1997 and the properties have gone into tax foreclosure.
On September 17, 2019, the Board authorized staff to bid up to $85,000 for both properties. The properties were auctioned for back taxes on November 19, 2019. The County submitted a total initial bid of $43,000 which was upset by a bid of $45,150 filed on November 27, 2019 during the 10-day upset bid period. On December 9, 2019 staff submitted a final upset bid of $47,407.50. The total purchase price of $47,407.50 will cover back taxes, legal fees and court costs associated with the closing. There will be a $26.00 fee to record the deed.
The Board must vote to approve the final purchase price of $47,407.50 for Tax Parcels135-365-01 and 135-365-22 to complete the transaction. The purchase amount will come from the approved Land Account.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
Funding for this acquisition is from the County’s PAYG Fund.