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<br />1 ."~t <br />",. ... <br />.. . <br />I. . <br />I.... <br />. .. <br />I... <br /> <br />03 05 02:13p <br /> <br />p.1 <br /> <br />Joe Sides <br />28 September 2005 <br />Page 2 <br /> <br />. 3. Ali woridwil! be completed 45 thereafter. <br />4. Access f<i'r bus parking and tUrn around will require condemnation and acquisition <br />by Cabarrus County Schools of the road easement on the adjacent property, not <br />owned by Portrait. Easement wiIl .be dedicated for public access and the cost of <br />acquisition is included in our proposal. <br />5. . The elevlttion of the lower level of the two' story building will be at the same <br />elevation as the floor elevation of the one story building.. This will also provide a <br />savings f~r the contract to build the school by eliminating the large retaining waIl <br />between tl\.e buildings and rock excavationfOI building footings. <br />6. The total sale price, which includes the work describe above, has been reduced by <br />the amount of impact fees waived by the City of Conc:ord, for the residential <br />development. This amount is currently estimated to be $360,750 and will remain <br />as a fixed amount for this proposal. . . <br /> <br />The total sales price for this property, developed as described above is One Million <br />Seven Hundred Tpousand ~---------------__. 00/100 Dollars.' ($1,700,000). <br /> <br />If you need additional information, please do not hesitate to caJlme aI(704)849-2221, <br />Ex!. 208. . <br /> <br />Very truly yours, <br /> <br />PORTRAIT HOMES <br /> <br />Attachment <br /> <br />~--r~ <br /> <br />Thomas A. Shoemaker <br />Land Development Manager <br /> <br />TAS/dim <br /> <br />cc: File <br /> <br />--'- -- .-.-----..-.-.---------.- -'-'-'_0. _"_._._ <br /> <br />l' ,. .?'......~,i/,., , (-..fi',..:-....II:..-,..'.'.I. ~.,' !,.n.!.~',~:.'1j?:.:.~.~..I,;I.\ <br />0', i :! ".1'''''',,,. k.";;,f. ~'":i,' .I;,' , , ":i" '," to: '.: . <br /> <br />... ~.....:- --'--. - .- - --"---....-.- -..- <br /> <br />0-5 <br />