Intent to Sell
Bridgeton - Upset Bid Process
Negotiated Offer and Upset Bid (G.S. 160A-269)
Notice of Sale by Upset Bid
PUBLIC NOTICE
SALE OF CITY PROPERTY
An offer of $200,000.00 has been submitted for the purchase of certain property owned by the
Craven County Board of Education, more particularly described as follows:
Lot 902 and 907 North B. Street, Bridgeton NC
Tax identification 2-002-001 waterfront parcel
Tax identification 2-002-031 non-water front parcel
Persons wishing to upset the offer that has been received shall submit a sealed bid with their offer
to the office of Stacy Lee, 3600 Trent Road, New Bern NC 28562 by 5:00 P.M., April 11th, 2025. At
that time, the Chief Officer of Systems and Operations 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.
A qualifying higher bid is one that raises the existing offer to an amount not less than $210,050.00.
A qualifying higher bid must be accompanied by a deposit in the amount of five percent (5%) of
the bid; the deposit may be made in cash, cashier’s check, or certified check. The Craven County
Board of Education will return the deposit on any bid not accepted and will return the deposit on an
offer subject to upset if a qualifying higher bid is received. The Craven County Board of Education
will return the deposit of the final high bidder at closing.
The buyer must pay cash at closing.
The Craven County Board of Education must approve the final high offer before the sale is closed,
which it will do within 60 days after the final upset bid period has passed. The Craven County Board
of Education reserves the right to withdraw the property from sale at any time before the final high bid
is accepted and the right to reject at any time all bids.
Further information may be obtained at the Craven County Board of Education, 3600 Trent Road,
New Bern NC 28562 at telephone 252-514-6300 during normal business hours.