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Treasure County signs buy‑sell to complete auction sale of county Main Street building

3565570 · March 4, 2025
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Summary

After a county auction produced a high bid of $13,000, commissioners authorized the county attorney to sign documents to complete the sale and directed staff to have the title company deduct costs and remit the balance to the treasurer.

Treasure County commissioners authorized the county attorney to sign a buy‑sell agreement after an auction that resulted in a high bid of $13,000 for a Main Street county building. County staff reported that buyer Sarah Upchurch had the high bid at $13,000; commissioners approved allowing the title company to deduct county costs and closing expenses from the sale proceeds, then remit the balance to the county treasurer as property tax receipts. The county attorney will prepare a letter instructing the title company that delinquent taxes through closing be waived by agreement, subject to final closing figures. Commissioners moved and unanimously approved a motion granting the county attorney authority to sign the buy‑sell on the county’s behalf and to accept the closing arrangement described by county staff. The county will receive the net proceeds after title and closing costs and will record the sale following normal closing.

Ending — County staff said the final closing documents will be provided to commissioners when numbers are finalized; the county treasurer will receive proceeds per standard procedure.