AG 2002 12 16 (Regular) - Laserfiche WebLink

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EXHIBIT A OFFER TO PURCHASE AND CONTRACT CABARRUS COUNTY--BIfYBR TERESA B. EUDY--SELLER This Exhibit A sets forth additional terms and conditions to the Offer to Purchase and Contract between the above referenced p_arties. 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 a non-exclusive forty-five (45) foot right of way for the purpose of egress, ingress, and regress to and from Highway 73 to the property of James E. Patterson (PIN #4681-97- 7698), and for the location of all necessary utilities to the Patterson property. The exact acreage being purchased shall be determined by a professibnal 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 determine the location of the righ~ of way. The Seller shall be included in determining the location of the right of way but Buyer shall have the final say. Buyer shall deposit the sum of $1,000.00 with Hartsell & Wilhams, 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. The Buyer's obligation to purchase under this Offer to Purchase and Contract is conditioned upon the. Buyer being able to purchase a 28 acre, more or less, tract from James E. Patterson, mOre particularly identified as PIN # 4681-97- 7698. 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 Cabarms County. This the __ day of December, 2002. Buyer: CABARRUS COUNTY Seller: By: Name: Title: Teresa B. Eudy (seal)