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ICASARRUS COUNTYI <br /> NOR11~ C~80LINA <br /> <br />MEMORANDUM <br /> <br />To: <br /> <br />From: <br /> <br />Date: <br /> <br />Re: <br /> <br />Board of Commissioners <br /> <br />Frank W. Clifton, Jr. <br /> <br />January 11, 1999 <br /> <br />Sale of County Property <br /> <br />Attached is a proposal to purchase 12 acres of County owned land located on Highway 601. The proposed <br />purchase price is $363,660 or approximately $30,300 per acre. The land is also the site of the County's <br />current motor vehicle repair facility. <br /> <br />The motor vehicle repair facilit~ is scheduled to be replaced this fiscal year and will be located <br />next to the Animal Shelter and General Services buildings. Bids are due to come before the Board <br />within 60 days. <br /> <br />(2) The purchase will have to go through the upset bid process as required by law. <br /> <br />The Board may elect to consider the offer and authorize staff to proceed with the upset bid process. Alter <br />that process has been completed, the Board may sell the land or decide to reject the sale. The Beard may <br />also elect to reject the proposal and wait for a higher purchase price proposal. <br /> <br />It is my recommendation that we proceed with the upset bid process to determine "market" interest and <br />value of the property. That process will take approximately 30 days to complete (depending on the number <br />of upset bids). After that process, the Board still retains the right to a final decision on a sale. <br /> <br />Respectfully, <br /> <br /> Jr. <br /> <br />FWC/lsg <br /> <br />Attachment <br /> <br />Cc: Ted Hunt <br /> Jeff Carpenter <br /> Fletcher Hartseli <br /> <br /> Office of the County Manager <br /> <br />P. O. Box 707 - Concord, NC 25026-0707 · (704) 788-8100 · Charlotte 375-0829 <br /> <br /> <br />