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1� <br />■R► Cabarrus <br />AlFCounty Schools <br />�, r <br />To: Cabarrus County Board of Commissioners <br />From: Tim Lowder <br />Date: June 24, 2015 <br />Re: Funding for the Acquisition of Property for the Replacement <br />Royal Oaks Elementary School <br />Cabarrus County Schools requests the BOC to approve funding for the purchase of property <br />located adjacent to the Royal Oaks Elementary School campus. Four parcels have been <br />identified and are preferred for acquisition. They are: <br />• PIN 56220728180000 (greater than one half acre with (2) structures), <br />• PIN 56129895980000 (approximately one quarter acre), <br />• PIN 56220804080000 (approximately one third acre), <br />• PIN 56220803190000 (approximately one quarter acre with one structure). <br />The acquisition of the parcels will help improve access to the new school and will help provide <br />greater security for the campus. See property map. <br />At this time, the school system has one willing seller and wishes to commence with the <br />acquisition of this property (PIN 56220728180000, located at 2200 Carolina Ave., Kannapolis). <br />CCS hopes to continue discussions with the other property owners. The request amount to <br />purchase the named property is $125,000. <br />ATTACHMENTS <br />Power Point (sent to county on June 24) <br />Attachment number 2 <br />G -3 Page 163 <br />