TO: Mayor and Members of City Council
THRU: Lachelle H. Pulliam, City Attorney
FROM: Kecia N. Parker, NCCP, Real Estate Manager
DATE: September 23, 2024
RE:
Title
Resolution Authorizing a Quitclaim Deed of the City's Title to the County in Order to Expedite the Sale of Land located at 400 Buhmann Drive
end
COUNCIL DISTRICT(S):
Council District(s)
8
b
Relationship To Strategic Plan:
A Desirable Place to Live, Work and Recreate
Executive Summary:
Cumberland County has requested that the City of Fayetteville quitclaim its interest in the parcel below so they can complete the sale of the jointly owned property that was acquired by tax foreclosure. This allows the property to be added back to the tax base and not continue to remain in joint governmental ownership.
1) Buhmann Lo: Maj Pt 27 SE: 01 PL:0018-0042, Tax Parcel ID Number 9487-26-8826
Background:
Cumberland County and the City of Fayetteville received joint title to the property identified as being 400 Buhmann Drive on July 21, 2016. The County has received an offer to purchase the property in the amount of $8,585.00.
The County is requesting that the City declare the above property surplus and quitclaim the City's interest to the County. Title is jointly held due to tax foreclosure by the County in its capacity as tax administrator. There will be $281.44 paid to the City for city assessments that were due at the time of the foreclosure sale. If the present bid is declined, the property will remain in joint ownership, not earning taxes and requiring upkeep.
Issues/Analysis:
No known issues.
Budget Impact:
There is no significant impact to the budget; however, this will enable the property to be added back to the tax roll and the City assessment will be collected.
Options:
1) Accept the County's request to declare the property surplus and quitclaim the City's title to the County according to the Resolution attached.
2) Reject the County's request and retain jo...
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