NOTICE OF NEGOTIATED OFFER BY CHARLES ALFORD TO PURCHASE REAL PROPERTY LOCATED AT 509 TRADE STREET, TARBORO, NORTH CAROLINA FROM THE TOWN OF TARBORO SUBJECT TO UPSET BID.
PUBLIC NOTICE IS HEREBY GIVEN, in accordance with Section 160A-269 of the General Statutes of the State of North Carolina that through negotiation, Charles Alford has offered to purchase from the Town of Tarboro, that certain lots or parcels of real property located at 509 Trade Street, in the Town of Tarboro, North Carolina designated as Parcel No. 4738-35-3177 at the southeast corner of Trade and W. St. John Street.
Said property is to be purchased for $44,000 in cash. Any other prospective purchaser may raise the bid for the foregoing real property by not less than ten percent (10%) of the first one thousand dollars ($1,000.00) and five percent (5%) of the remainder of the offer (or a minimum increase of $2250.00) provided such raised bid is offered to the Town at the Office of the Town Clerk located in the Town Hall at 500 Main Street, Tarboro, NC within ten (10) days from the publication of this notice. If a raised bid is submitted, the bidder must deposit with the Town Clerk 5% of the amount of such raised bid. If no raised bid is received for said real property within said ten-day (10) period, the proposed sale of said real property will be consummated. The Town of Tarboro reserves the right to reject any and all offers.
This is the 14th day of March, 2019.
BY ORDER OF THE MAYOR AND TOWN COUNCIL.
Leslie Lunsford, Town Clerk