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Resolution Declaring Multiple City Owned Properties Surplus and Available for Sale
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LEGISLATIVE INTENT/PURPOSE:
WHEREAS, the City of Wilmington currently owns all of the real properties identified in “Attachment A” (“the Properties”), which is attached hereto and incorporated herein by reference; and,
WHEREAS, the Properties are no longer needed to serve a public purpose; and,
WHEREAS, the divestiture by the City of the Properties for cash and/or other consideration, as may be permissible under North Carolina General Statutes, would enhance the City’s tax base and financial position.
THEREFORE, BE IT RESOLVED:
THAT, the Properties, as more specifically identified in “Attachment A,” are hereby declared surplus.
THAT, City Council directs the City Manager and the City Attorney to prepare the necessary materials for any future Council actions regarding disposition of the Properties pursuant to applicable state laws.