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188 <br /> <br />Highway 601 Bypass. A~n upset bid of $530,000.00 was received on April 12 from <br />Denmar Public Warehouse. The current bid period will end on April 21, and <br />the high bid at that time will be advertised. <br /> <br />CLOSED $SS~ION <br /> <br /> U~ON MOTION of Chairman Barnhart~ seconded by Commissioner Fennel and <br />unanimously carried, the Board monad to go into closed session to establish, <br />or to instruct staff concer~ing the position to be taken by or on behalf the <br />Board in negotiating the price and other material terms of a contract or <br />proposed contract for the acquisition of real property by purchase, option, <br />exchange or lease as authorized by North Carolina General Statutes 143- <br />318.11(a) (5) . The Board invited Mr. Jonathan Marshall, Planning Services <br />Director; Ms. christine Lee, Cabarrus School Board Chair; and Mr. John Chaney <br />to join the Board in closed session. <br /> <br /> UPON MOTION of Chairman Barnhart, seconded by Commlssioner Privette and <br />unanimously carried, the Board moved to adjourn the closed session. <br /> <br /> No action was reported from the closed session. <br /> <br />Ad4ournmant <br /> <br /> There being no further business to come before the Board, Chairman <br />Barnhart adjourned the meeting at 10:45 p,m. <br /> <br />Clerk to the Board <br /> <br /> <br />