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85/87/2884 11:48 7843323525 NORCOM PAGE 82
<br />
<br />,.NO1KCOM
<br /> ~.PROPERTIES
<br />
<br />_VIA FACSIMILE ~ US MAll,
<br />704-~0:ZH4 and ?0~-~,0-2820
<br />
<br />May 7, 2004
<br />
<br />PO
<br />
<br />Box
<br />
<br /> Mr. $ormthan Marshall
<br /> Planni~ng.~S~...rvices Dopartment
<br /> Gov~rt~ .~, ~Qfi ;C e6ier '
<br /> Post Of~q.~'BO~,,707<'
<br /> Con~6?d,'~C 2.8i)2~70707
<br />
<br /> Re: Cabarrus Bank and Trust Building
<br />
<br /> It J$.. ~.'lllY Pl~asure,:,.,~. to pr~aent to you a revised Letter of Intent for the purchase of the C~barru$ B~nk
<br /> aBd
<br /> trust lauilding fronl Cat}arms County. As we explained to the Board of Commissioners in
<br /> March of this year, TAYCO Realty, LLC would I{ke to redevelop this building into a mixed use
<br /> projec~t, .r,etall on .the ground level and office and re${duntial
<br /> the
<br /> On
<br /> floors,
<br /> tipper
<br /> We
<br /> ar{:
<br /> currently
<br /> worki,~/,~}~ a,r¢.s~,u~t ~,t,¢p,...ur fro,, Charlotte who ow.s and o~r,tes sever.~ r.s,auran,$
<br /> in the,'a~a ~d,i~'llo would like to open a new restaurant on the ound floor of thi ' '
<br /> , u.:.'.,'~,, .... gr $ bmldmng. We
<br /> woui~, ~",{~resded in hay{nS O~barrua Cotmty n: oho of our offic~ t~nant~ if, i
<br /> neeo"~ :'~'~"" ~Tor;$p~nqe:i.] "~ ~"~: "," ,,' , ndeed, they have a
<br />
<br /> we aro'r~.~a~, I~i:gmedi.toly mov. ~'otward with ,hi, pur, ha,= ,nd th, r~d~'velopment. Upon
<br /> receipt a~:~ Le, vi~,w of the Letter or Intent, please do not h~sitate to give me a call with any
<br />quest~ona~anWar~ommen~, f ~ook for, yard to heanng from you soon.
<br /> · .i&,;-~<
<br />
<br /> cc: Thomas E. Nbrman
<br /> Tomd~, ickenbaker
<br /> pl~it'c~n~er,
<br /> ,, '.
<br />
<br /> ;,, , .~, ' . . ,
<br />
<br />3206,8,;~il;'C;ha~l'otte, NC 28232 "1512 East Fourth Street a Charlotte,
<br /> 70,4.':33.'2t;4,146... n 704.332.9348 fax "' norcom@norcompropertie$.com
<br />
<br />NC
<br />
<br />28204
<br />
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