AG 2002 12 16 (Regular) - Laserfiche WebLink

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EXHIBIT A OFFER TO PURCHASE A_ND CONTRACT CABARRUS COUNTY--BUYER JAM_ES E. PATTERSON--SELLER This Exhibit A sets forth additional terms and conditions to the Offer to Purchase and Contract between the above referenced parties. To the extent the terms of the Offer to Purchase and this Exhibit shall be in conflict the terms of this Exhibit shall control. Buyer shall pay to seller the sum of $20,000.00 per acre for all of Seller's land identified as 28 acres, more or less, south of but not adjoining Highway 73, Cabarrus County, North Carolina, PIN # 4681-97-7698. The exact acreage being purchased shall be determined by a professional land surveyor at the Buyer's expense. The final purchase price shall be determined by multiplying the acreage as determined by the survey by $20,000.00. Buyer shall deposit the sum of $10,000100 with Hartsell & Williams, P.A. as earnest money to be applied towards the purchase price at closing. The remaining purchase price shall be paid at closing by attorneys trust account check. o The Buyer's obligation to purchase under this Offer to Purchase and Contract is conditioned upon the Buyer being able to acquire a right of way of no less than forty-five (45) feet in width over the property of Teresa Eudy for the purposes of ingress, egress and regress to and from Highway 73, and for the location of all necessary utilities. ° This contract is being executed by the agent for Cabarrus County, a body politic, and shall not be binding upon the Buyer until such time as the contract is approved and adopted in open session by the Board of County Commissioners for Cabarrus County. This the __ day of December, 2002. Buyer: Seller: CABARRUS COUNTY By: Name: Title: James E. Patterson .(seal)