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AG 1999 04 19
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AG 1999 04 19
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Last modified
3/25/2002 5:58:24 PM
Creation date
11/27/2017 11:49:03 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
4/19/1999
Board
Board of Commissioners
Meeting Type
Regular
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NORTH CAROLINA <br /> <br />CABARRUS COUNTY <br /> <br />GENERAL COURT OF JUSTICE <br />SUPERIOR COURT DIVISION <br />98-CVS-1353 <br /> <br />DEPARTMENT OF TRANSPORTATION, <br /> Plaintiff, <br /> <br />PhNE RIDGE PROPERTIES, a North Carolina <br />General Partnership; JAdMES W. TOWNSEND, <br />JR., Trustee; FIRST CHARTER NATIONAL <br />BANK, and COUNTY OF CABARRUS, <br /> Defendants. <br /> <br />CONSENT JUDGMENT <br /> <br /> THIS CAUSE coming on to be heard and being heard before the undersigned Judge <br />of the Superior Court and it appearing to the Court and the Court finding as fact: <br /> <br /> That this action ~vas duly instituted on the 29th day of June, 1998, by the issuance of <br />Summons, filing ora Complaint and Declaration of Taking and Notice of Deposit and by the <br />dePosit of THREE HUNDRED SIXTY FIVE THOUSAND DOLLARS ($365,000.00) as <br />estimated just compensation; <br /> <br /> That Summons was duly served on the defendants together with a copy of the <br />Complaint and Declaration of Taking and Notice of Deposit; <br /> <br /> That the defendants, PINE RIDGE PROPERTIES, a North Carolina General <br />Partnerhsip; JAMES W. TOWNSEND, JR., Trustee; FIRST CHARTER NATIONAL <br />BANK, and COUNTY OF CABARRUS, are the only parties who have or claim to' have an <br />interest in the property described in the Complaint and Declaration of Taking and the title <br />to the property is not in dispute; that the property described in the Complaint and Declaration <br />of Taking is subject only to such liens and encumbrances as are set forth in Exhibit "A" of <br />the Complaint and Declaration of Taking; <br /> <br /> That now, the defendants and the plaintiff have reached an agreement whereby the <br />plaintiff has a~eed to pay and the defendants have agreed to accept the additional sum of <br />EIGHTY FIVE THOUSAND DOLLARS ($85,000.00), which includes any claim for <br />interest and all costs, as full and just compensation for the appropriation of the interests and <br />areas as set forth in the Complaint and Declaration of Taking and as hereinafter more <br /> <br /> <br />
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