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Council authorizes acceptance of offer and start of upset-bid process for former City Hall building
Summary
Mount Holly City Council adopted a resolution accepting a $762,500 offer for 131 South Main Street (former City Hall) and authorized the statutory upset-bid procedure under North Carolina law; the buyer must deposit 5% to trigger the notice period.
Mount Holly City Council unanimously adopted a resolution to accept an offer of $762,500 for 131 South Main Street, the former City Hall, and to initiate the statutory upset-bid process required by North Carolina law.
City Attorney Anders and staff outlined an addendum to the contract that preserves an easement for the armed-forces emblem on the building’s north…
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