AG 1999 02 15 - Laserfiche WebLink

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G r.at Land Deve,opm.nt Co. 10712 Old Wayside Rd. Charlotte. N.C. 28277 (704) 544-1919, (704) 544-2244 Fax The Most Honorable: County Commissioners Frank Clifton- City Manager P.O. Box 707 Concord, N.C. 28026- 0707 (704) 788-8100 (704) 788-9820 Fax update- contract extention request to close 7-30-99 Dear Mr. Clifton: January 7, 1999 Happy new year!l! As you know, I have invested a tremendous amount of time, money and energy into purchasing this 177 acres in Kannapolis, N.C. We anticipated serious challenges regarding working with the known wetlands, floodplains, floodways, impervious water shed requirements, etc. However, we did not anticipate recent Core of U.S. Engineers regulations impact of intersecting stream regulations to seriously reduce lhe usefulness and design of this land as these regulations have done. We have aggresively pursued all necessary approvals to complete this transaction, although technically our deposit becomes non- refundable at this point, we still have a challenging road of evaluations and approvals ahead as follows: 1) U.S. Core of Engineers approvals (application submitted) 2) N.C. State Enviromental approvals (application submitted) 3) Kann. engineering approvals 4) Water and sewer approvals 5) State of N.C. erosion control approvals Based on the Cores schedule and expected States schedule we expect closing to occur approximately July 30, 1999. with your approval. Theirfore, we would kindly request an addendum to our original contract to meet all Governmental approvals. Could you please obtain this extention for revised projected closing at your next scheduled County Commissioners meeting? We have made a sincere and honest attempt to keep you fully informed through your people and pray your patients and understanding continues. Thankyou for your attention and understanding. Cordially: Duane C. Bennett