An offer of $16,400 has been submitted for the purchase of the forty percent (40%) tenancy-in
common interest owned by Alamance County, for property located at 1506 Wickham Street,
Burlington, North Carolina, and more particularly described as follows:

THAT CERTAIN TRACT OR PARCEL of land in Burlington Township, Alamance
County, North Carolina, adjoining the lands of Wickham Street, Lots Nos. 30, 5, 4, 3 and
32 of Block “C”, Brookwood, and
BEGINNING at an iron stake on the western side of Wickham Street and corner with Lot
No. 30; running thence with the line of Lot No. 30, South 53 deg. 03’ West 160 feet to an
iron stake, corner with Lots Nos. 30, 5 and 4, Block “C”; thence with the line of Lot No.
4, South 36 deg. 14’ East 60 feet to an iron stake corner with Lots Nos. 4, 3 and 32; thence
with the line of Lot No. 32, North 53 deg. 03’ East 160 feet to an iron stake on the western
border of Wickham Street; thence with the said western border of Wickham Street, North
36 deg. 14’West 60 feet to the BEGINNING, and being all of Lot No. 31, Block “C”,
Brookwood, Section 4, as per plat recorded in the office of the Register of Deeds for
Alamance County, in Plat Book No. 3, at page 87.
[Per Deed dated September 8, 1982 and recorded in Alamance County Register of Deeds,
Deed Book 475, Page 500]

The Board instructed that this Notice required by §160A-269 be placed in the newspaper and
advertised for upset bids to be received within the ten-day period after the date this Notice has
been published.

Persons wishing to upset the offer that has been received shall submit a sealed bid with their offer
to the County Clerk, 124 W. Elm Street, Graham, NC by 3:00 p.m. At that time the County Clerk
shall open the bids, if any, and the highest qualifying bid will become the new offer. If there is
more than one bid in the highest amount, the first such bid received will become the new offer.

To be responsible an upset bid must be accompanied by a bid deposit of ten percent of the first
$1,000.00 together with five percent (5%) of the remainder amount of the upset bid. An upset bid
deposit may take the form of cash, a cashier’s check, or certified check. 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 County. The deposits of other
bidders will be returned at the time the Board of Commissioners awards the property to the highest
responsive, responsible bidder or rejects all bids.

The County 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 Alamance County Attorney,
124 West Elm Street, Graham, N.C. during normal business hours.