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Jan-13-99 11:OBA bryan @rop~rtlas P.O1 <br /> <br />BRYAN PROPERTIES, INC. <br /> <br />PO Box 728 <br /> <br />Holly SpHnga NC 2764O <br />Fax (910) $62-3602 <br /> <br />Janumy 1:~, 1999 <br /> <br />Mr. Frank Clifton, Manager <br />CABARRUS COUNTY <br />PO Box 707 <br />Concord NC 28026-070? <br /> <br />VIA FACSIMILE TRANSMISSION <br /> <br />Re: Wallac~ Farm Property <br /> <br />Dear Mr. Clifton: <br /> <br />Bryan Properties, Inc., petitione~ in thc above-rcferenc~ matter schcduled for hcarin~ be£orc <br />the l~oard of Commissioners on January 19, 1999, proposes to pay to Cabarrus County a sum <br />equal to $500/1ot (singlo-family and townhome) to assist thc County in the construction of <br />new school facilities. We will make the contribution in a lump sum within 12 months of the <br />execution ora formal agreement with Cabarrus County regarding same. <br /> <br />Sincerely, <br /> <br />John T. Coley, IV <br /> <br />J'l'C/sch <br /> <br /> <br />