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Hamlet council agrees to accept initial offer and begin upset-bid process for 64.99 acres near industrial park

Hamlet City Council · April 9, 2025
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Summary

Council agreed to entertain an initial offer and begin the statutorily required upset-bid process for two adjoining parcels totaling 64.99 acres in the ETJ across from the industrial park; staff noted the parcels are split-zoned I-1 and I-2 and would require voluntary annexation if sold.

Council members considered a staff request to accept an initial offer for two adjoining parcels totaling 64.99 acres in Hamlet’s extraterritorial jurisdiction opposite the industrial park on Charral Road and to begin the upset-bid process.

Staff explained the parcels are split-zoned between light industrial (I-1) and heavy industrial (I-2) and said the city could voluntarily annex the land if the sale moved forward. The presenter described the upset-bid process: the council would first review an initial bid, the city would advertise the bid for 10 days, and upset bids must increase the original by at least 10% until the process ends or the council rejects bids.

A council member moved "to accept an initial bid for the parcels," noting the property had been vacant for decades. The motion was seconded and advanced by voice vote; no roll-call tally was recorded in the transcript.

Council members discussed the prospective buyer’s interest in building industrial ("flex distribution") uses and the potential for economic development, but did not commit to a sale beyond starting the upset-bid process. Staff said further steps—including review of annexation, zoning, and formal offers—would return to council for approval.