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<br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />AGENDA ITEM REQUEST <br /> <br />Meeting Date 5/15/06 <br /> <br />Agenda Item # b - 8 <br /> <br />SUBJECT: <br />Offer by Wayne Motely to purchase property at Lake Howell <br /> <br />BRIEF SUMMARY: <br /> <br />Wayne Motley has submitted an offer to purchase 28 acres of land at Lake Howell jointly <br />owned by the county and the Water and Sewer Authority of Cabarrus County. WSACC will <br />also be considering the offer at its June Board meeting. In previous discussions with <br />WSACC staff, they have indicated that if a sale is considered some portion of the property <br />should be retained for buffer and that proceeds of the sale be designated for Mure land <br />purchase around the reservoir. A current appraisal of the property has been ordered to <br />determine fair market value. <br /> <br />REQUESTED ACTION: (Suggested motion if the Board approves the agenda item as presented) <br />Consider purchase offer and provide direction to staff. <br /> <br />Attachments ~ Yes 0 No Expected Length of Presentation 10 minutes <br /> <br />Submitted By: Jonathan B. Marshall, Commerce Dir. Date: 5/8/06 <br />Name / Job Title <br /> <br />Budget Amendment Required: 0 Yes 0 No <br />Budget Amendment Attached and Reviewed by Budget Officer: 0 Yes 0 No <br /> <br />County Manager's Recommendations/Comments: <br /> <br />If the offer to purchase is accepted, the initiation of an upset bid process will be required. <br /> <br />Manager's Signature <br /> <br /> <br />Action Taken: <br />Approved [] <br />Denied [ ] <br /> <br />Deferred [] <br />Other [ ] <br /> <br />~-5 <br />