NOTICE OF SALE OF REAL
PROPERTY BY THE
TOWN OF LAKE
(Date of Initial Publication: July 13, 2017)
The public shall take notice that the Town of Lake Santeetlah has received an offer and proposes to accept said offer to sell a certain tract of vacant and surplus real property in the Town of Lake Santeetlah for the price of $20,000.00 plus any and all closing costs. Said tract of real property is located between platted lot and the and the 1817 contour elevation line of Lake Santeetlah and is more particularly described as follows:
1. BEGINNING at a 5/8 inch rebar set in or near a rock wall, said 5/8 inch rebar set being on line common with lands owned now or formerly by Lovin, Lot 12, Section 1A (Book 187, Page 23) said 5/8 inch rebar set lies S 71-39-27 W 51.18 feet from a 3/4 inch open to found 3 inches below grade, a tie, thence from said beginning 5/8 inch rebar set, traveling S 71-39-27 W 6.01 feet to a painted blue dot on the rock face of a wall on the 1817 Contour Elevation Line of Lake Santeetlah, thence traveling with the 1817 Contour Elevation Line of Lake Santeetlah the following coursed and distances: N 44-14-48 W 23.26 feet to a painted blue dot on rock face of wall, N 31-49-10 W 40.65 feet to a painted blue dot on rock face of wall, thence leaving the 1817 Contour Elevation Line and traveling thence N 60-22-33 E 16.15 feet to a 1/2 inch open top found on line common with Lot 17, Section 1A owned now or formerly by Smith (Book 132 Page 193) (said 1/2 inch open top found lies S 60-26-00 W 54.49 feet from a 3/4 inch open top found, a tie) thence traveling with the line common with Lot 13, Section 1A, S 03-42-53 W 21.36 feet, S 40-29-04 E 47.30 feet, back to the place and point of beginning, containing 0.01 acres, +/-, and being that strip of real property lying between Lot 13, Section 1A of Thunderbird Mountain Resort and the 1817 Contour Elevation Line of Lake Santeetlah.
The Buyer shall bear all cost of closing including survey cost, the expense of complying with NCGS 160A-269. In accordance with NCGS 160A-269, within ten (10) days of the publishing of this offer, any person may raise the bid for this property by not less than ten percent (10%) of the first one thousand dollars ($1,000.00) and five percent (5%) of the remainder. If the bid is raised, the bidder shall deposit with the Town Clerk five percent (5%) of the increased bid and the Town Clerk shall then advertise the bid again at the increased bid. This procedure shall be repeated until no further qualifying upset bids are received, at which time the Town of Lake Santeetlah may accept the offer and sell the property to the highest bidder. The Town of Lake Santeetlah may at any time reject any and all offers. Please contact Town of Lake Santeetlah Town Hall with any questions.
Town Administrator Kim Matheson 828-479-8190.