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Minutes of February ~5, 1999 <br /> <br />Consideration of Proposal to Purchase 12 Acres of County-Owned Land <br /> <br /> Mr. Clifton reported he had received a proposal from Kahn <br />Development Company in the amount of $363,660.00 for the purchase of <br />approximately 12 acres of County owned land located on Highway 601 <br />Bypass. He had received a new proposal this date from Troutman Land <br />Investments in the amount of $381,600.00. He recommended that the <br />Board move forward with the upset bid process for the Troutman <br />proposal. <br /> <br /> There was lengthy discussion regarding the sale of the County <br />property. The Board discussed such issues as the impact of the sale on <br />the operation of the County Fair, the need to locate a new site for the <br />Fair prior to selling the land, efforts by the County over the past six <br />years to assist the Fair with relocation, safety concerns associated <br />with the current Fair site and the increased value of selling the <br />County property and Fair property as one. Mr. Clifton pointed out the <br />Fair has had an offer to sell its property for nine months but has not <br />acted on the proposal. <br /> <br /> Commissioner Privette made a motion for the Board to (1) name a <br />committee to work in conjunction with a committee recently named by the <br />Fair to look at the future of the Fair and (2) to give the Fair a five- <br />year lease on the 12 acres of County owned property. The motion died <br />for the lack of a second. <br /> <br /> UPON MOTION of Commissioner Casper, seconded by Chairman Barnhart <br />with Commissioners Casper and Fennel and Chairman Barnhart voting for <br />and Commissioners Privette and Carpenter voting against, the Board <br />proposed to accept the offer in the amount of $381,600.00 to transfer <br />approximately 12 acres of land located on Highway 601 Bypass to <br />Troutman Land Investments, Inc., subject to upset bid. Further, the <br />Board authorized the County Manager and Attorney to proceed with the <br />upset bid process for this property. <br /> <br /> <br />