TO: Mayor and Members of City Council
THRU: Lachelle H. Pulliam, City Attorney
FROM: Kecia N. Parker, Real Estate Manager
DATE: November 10, 2025
RE:Title
Adopt Resolution Declaring 434 Old Wilmington Road Surplus Property and Authorizing the Upset Bid Process and Sale of the Property
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COUNCIL DISTRICT(S):
Council District(s)|109|
b
Relationship To Strategic Plan:
Desirable Place to Live, Work and Recreate
Executive Summary:
The City of Fayetteville was deeded 434 Old Wilmington Road from Cumberland County on January 29, 2009. This parcel was included in the Hope VI area which was identified for redevelopment. The property is currently on the Surplus Property Interest List on the City's website. The City has received a bid amount of $18,000.00 on the property. The City has never developed the property and has no plans to utilize the lot.
Background:
The City of Fayetteville acquired multiple properties within an area known as the Hope VI area. The project was a joint effort which started from a $20 million grant from the federal Hope VI urban renewal project. As a part of the project, the City acquired multiple properties in the area for redevelopment. This property is a remaining unused parcel. Combined Unified Services, Inc, owner of the adjacent lot, has submitted a bid form and deposit in the amount of $900.00 for the subject property. The property is listed on the Surplus Property Interest List with a minimum bid of $17,500.00. Combined Unified Services, Inc. has submitted a bid in the amount of $18,000.00. N.C.G.S. ?160A-269 gives authority and procedure for the upset bid process.
Issues/Analysis:
* Tax assessed value of the property is $17,500.00.
* The parcel consists of 0.23 acres.
* The City has determined that there are no plans to utilize the lot in the future.
Budget Impact:
The property will be returned to the tax rolls and allows for the adjacent parcel to be further developed.
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