BIDS ACCEPTED FOR SALE OF 1108 TAYLOR TOWN ROAD PROPERTY UNTIL 3:00 P.M. MAY 1, 2023

The Board of Commissioners of the Town of Faison has authorized the sale by sealed bid of the following parcel of real property:

18-acre tract at 1108 Taylor Town Road, Faison, NC  28341

The town will accept sealed bids for the property until 3:00 P.M. May 1, 2023, at the office of the Town Clerk, 110 NE Center Street, Faison, N.C. At 3:00 p.m., May 1, 2023, all bids received shall be opened in public and the amount of each bid announced and recorded. The record of bids shall be reported to the Board of Commissioners at their regular meeting on May 3, 2023.

The Board of Commissioners will determine the highest responsible bidder for the property and will award the bid at its regular meeting on May 3, 2023. Bids will remain open and subject to acceptance until the Board of Commissioners awards the bid.

Each bid must be accompanied by a bid deposit of five percent (5%) of the amount of the bid. A bid deposit may take the form of cash, a cashier’s check, a certified check, or a surety bond. The deposit of the bidder to whom the award is made will be held until sale of the property is closed; if that bidder refuses at any time to close the sale, the deposit will be forfeited to the town. The deposits of other bidders will be returned at the time the Board of Commissioners awards the property to the highest responsible bidder.

In order for a bid to be considered, the bidder must be current on payment of all property taxes owed to the town or county.

The town reserves the right to withdraw the property from sale at any time and the right to reject all bids.

Inquiries about the property and the sale may be made to the Town Clerk, 110 NE Center Street, Faison, N.C.  28341