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Board approves upset‑bid procedure for former Oxford Farmers Market property; current high offer $15,000
Summary
The board authorized starting the statutory upset‑bid process to sell the former Oxford Farmers Market lot, accepting a current high offer of $15,000 to trigger public upset bids; proceeds would be placed in the district capital account though the county ultimately decides appropriations.
The Granville County Board of Education voted to accept the current high bid and begin the statutory upset‑bid procedure for a surplus parcel that formerly housed the Oxford Farmers Market.
Board attorney Dubuisson explained the process: accepting the highest offer triggers a statutory public notice period in which anyone may submit a higher upset bid. He also noted the Mary Potter Club holds deeded parking rights on part of the property and that deed language had been shared with prospective bidders.
The current high offer identified in board materials was $15,000; approving the resolution to accept that bid starts the upset‑bid advertising period and gives the district the ability to receive higher offers as required by law. The administration said proceeds would be credited to the district’s capital account, but board members reminded the public that the county commissioners ultimately decide appropriation of county funds and could consider sale proceeds when setting county support in future budgets.
The motion to approve the upset‑bid resolution was moved, seconded and approved.
