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November 18, 2002 <br /> <br />Page 488 <br /> <br />of Education. Further, the Board agreed to advance fund the cost of the fee <br />($310,370.00) and authorized the appropriate budget amendment. The County <br />will be reimbursed the cost of the architectural services at the time the <br />Certificates of Participation are sold. <br /> <br /> Ms. Liz Poole, Vice Chair of the Board of Education, responded to <br />questions regarding change orders for the three new schools that were <br />recently cq~pleted. She stated there were a number of change orders for the <br />middle schools but there was no problem with the Cox Mill Elementary School. <br /> <br /> Co~issioner Privette expressed concern about a letter that was senn to <br />parents by a teacher at Bethel Elementary School on the day before the <br />election. He stated the letter contained false information alleging that a <br />new Bethel Elementary would not be constructed as previously promised. A <br />report concerning this matter will be requested from the County School <br />Superintendent. <br /> <br /> Commissioner Fennel commented on the Board's support of education over <br />a number of years. He addressed the current economy and cautioned the Board <br />to consider the impact on County taxpayers in considering new school <br />construction projects and to make sure that funds are available without <br />increasing property taxes. <br /> <br />(F-6) Establish Dates for Work Session in January <br /> <br /> UPON MOTION of Commissioner Privette, seconded by Vice Chairman Carruth <br />and unanimously carried, the Board set work sessions on January 6 and January <br />7, 2003. The meetings will begin at 6:00 p.m. and end at 9:00 p.m. on each <br />of those dates. <br /> <br /> Mr. Clifton advised that one of the main topics of discussion at the <br />work session would be the financing of new school construction and the <br />scheduling of debt for those projects. <br /> <br />(F-?) Sale of Old Fair,rounds Property (One-Acre Parcel) <br /> <br /> Mr. Clifton reported that in May 2002 the Board had authorized the <br />upset bid process on an offer of $1,775,000.00 by Cambridge Properties, Inc. <br />to purchase 11.8 acres of County property (Old Fairgrounds Property). He <br />stated the firm had not posted the required deposit nor signed off on the <br />purchase agreement as required by the County. Further, Mr. Clifton reported <br />that he had received a proposal last week from Commercial First Real Estate <br />Investment and Development, Inc. to purchase a one-acre parcel at the <br />intersection of Cabarrus Avenue and Union Cemetery Road at a cost of <br />$350.000.00 an acre. He listed the following options for the Board: (1) <br />Declare the Cambridge properties, Inc. proposed purchase of the 11.8 acres <br />non-active; (2) Authorize the upset bid process for the 'offer on the one-acre <br />parcel; or (3) Hold OUt for a bid on either the full 12 or 24 acres <br />available. <br /> <br /> There was brief discussion regardin9 the benefits of selling the <br />property in separate parcels and the potential impact that the sale of the <br />one-acre parcel would have on the sale of the remaining property. <br /> <br /> UPON MOTION of Commissioner Suggs, seconded by Commissioner Fennel and <br />unanimously carried, the Board agreed to proceed with the upset bid process <br />on the offer by FFC, LLC, as submitted by Commercial First Real Estate <br />Investment and Development, Inc., for the proposed purchase of approximately <br />one acre of County property located at the intersection of Cabarrus Avenue <br />and Union Cemetery Road, at a purchase price of $350,000.00, subject to upset <br />bid. Further, the Board authorized the County Manager and County Attorney to <br />proceed with the upset bid process with the highest offer to be brought to <br />the Board at the end of the process. <br /> <br />Mutual Access and Parking Agreement between Cabarrus County and D & ~ <br />Properties, LLC <br /> <br /> Mr. Jonathan Marshall, Director of PIanning and Zoning, presented the <br />proposed Mutual Access and Parking Agreement for County-owned property at <br />2325 Lake Concord Road. The County-owned building is currently occupied by <br />the Economic Development Corporation and the Parks and Recreation Department. <br />There will be shared access and relocation of some parking spaces, including <br />a net gain of four spaces for the County facility. <br /> <br /> UPON MOTION of Commissioner Privette, seconded by Commissioner Suggs <br />and unanimously carried, the Board approved the "Mutual Access and Parking <br /> <br /> <br />