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Cid~arrus <br />To: <br />From: <br />RE: <br />Date: <br />Boazd of Commissioners <br />4401 Old Airport Road 704-262-6123 <br />PO Box 388 704-2626175 fax <br />Concord NC 28026-0388 <br />Samuel Masters, Director of Construction, Cabarrus County Schools <br />New A.T. Allen Land Purchase from Mr. and Mrs. Archie Barringer <br />August 14, 2008 <br />On August 11th, 2008, the Cabarrus County School Board approved the land purchase for the <br />new A.T. Allen Replacement Elementary School from Mr. and Mrs. Archie Barringer. <br />Terms of the contracts: <br />28 acres @ $32,000 /acre = $896,000.000 plus incidental closing costs <br />The Board of Education is requesting approval and funding by the Board of Commissioners for <br />the land contract. <br />Signed: <br />Samuel Masters <br />Director of Construction <br />Signed: <br />~~~~~ <br />Robert Kluttz <br />Planning Services <br />C - I.3 <br />Signed: <br />1 ~ ~~ ~~~ <br />K lly Kluttz <br />Director of Finance <br />