TO: Mayor and Members of City Council
THRU: Kristoff T. Bauer, ICMA-CM, Deputy City Manager
FROM: Kecia N. Parker, NCCP, Real Estate Manager
DATE: June 26, 2017
RE:
Title
Adopt a Resolution Declaring Jointly Owned Real Property Surplus and Authorizing a Quitclaim Deed of the City's Title to the County in Order to Expedite the Sale of Land by Cumberland County
end
COUNCIL DISTRICT(S):
Council District(s)
2 and 9
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 their interest in 5 parcels known as 1419 Church Street, 4705 Belford Road, 2237 Jumalon Street, 1714 Long Street and 1716 Long Street to the County so that they may 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.
Background:
Cumberland County and the City of Fayetteville received joint title to the property identified as 1419 Church Street on November 1, 2012. The County has received an offer to purchase for this property in the amount of $7,868.96 which will enable the City to recieve $1,609.31 in assessments that are owed.
Cumberland County and the City of Fayetteville received joint title to the property identified as 4705 Belford Road and 2237 Jumalon Road on March 14, 2017. The County has received an offer to purchase for this property in the amount of $11,213.53 which will enable the City to receive $5,323.34 in assessments that are owed.
Cumberland County and the City of Fayetteville received joint title to the property identified as 1714 and 1716 Long Street on September 29, 2008. The County has received an offer to purchase for this property in the amount of $5,582.99 which will enable the City to receive $931.60 in assessments that are owed.
The County is requesting that the City decla...
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