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SUMMARY STATEMENT /OFFER TO PURCHASE REAL PROPERTY <br />DUE TO THE ACQUISITION OF RIGHT OF WAY AND DAMAGES <br />VOIDS AND SUPERSEDES ALL PRIOR OFFERS <br />TO: Cabarrus County <br />TIP NO.: <br />COUNTY <br />R -2246B <br />Cabarrus <br />DESCRIPTION: George Liles Boulevard <br />Dear Property Owner: <br />The following offer of just compensation is based on the fair market value of the property and is not less than the <br />approved appraised value for the appropriate legal compensable interest or interests. The approved value disregards any <br />increase or decrease in the fair market value of the property acquired due to influence caused by public knowledge of this <br />project. The offer of just compensation is based on an analysis of market data, comparable land sales, and, if applicable, <br />building costs in the area of your property. Please retain this form as it contains pertinent income tax information. <br />Value of Part Taken (Includes Land, Improvements <br />And Appurtenances Considered as Realty) <br />Damages, if any, to Remainder <br />Benefits, if any, to Remainder <br />TOTAL <br />WBS ELEMENT: 34408.2.6 <br />PARCEL NO.: R -2246B 076A <br />$ 24,300.00 <br />$ minus <br />$ 24,300.00 <br />The total offer includes all interests other than leases involving Federal Agencies and Tenant owned improvements. <br />(A) Description of the land and effects of the acquisition by easement [ j and deed [Xj: <br />Subject property described in Deed Book 8757, page 318, Cabarrus County Registry, contains approximately 44.999 <br />acres of which 0.800 acres is being acquired as right of way, leaving 44.199 acres remaining on the right with access to <br />Weddington Road. <br />(B) The offer for improvements considered as realty includes payment for the improvements and appurtenances <br />described below. Should you desire to retain these improvements, you may repurchase them for a retention value with <br />the stipulation that you remove them from the acquisition area at no expense to the Department. <br />Misc. timber & landscaping and section of gravel drive <br />(C) Should you desire to sell the Department the portion of your property considered to be an uneconomic <br />remnant/buildable lot, as explained to you by the Right of Way Agent, the total offer would be: $ NA <br />I will be available at your convenience to discuss this matter further with you. My telephone number is <br />704 - 982 -9181 in Albemarle , North Carolina. <br />The original of this form was handed /mailed, if out of state owner, to <br />on 1 -31 <br />the Right of Way Brochure /Owner's Letter. <br />Len Witke <br />20 13 . Owner was furnished a copy of <br />(Signed) <br />DATE: 1 -31 -13 <br />TO: Lessee, if Applicable <br />Trent Culp Right of Way Agent <br />FRM10 -B <br />Attachment number 4 <br />F -1 Page 46 <br />