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DISPOSITION BY LEASE File No. 13-H <br /> <br />LESSOR: State of NC, Department of Health and Human Services, <br /> Stonewall Jackson School, LINC Center for Public Television <br /> <br />LESSEE: County of Cabarms <br /> <br />LOCATION: Stonewall Jackson School, Cabarrus County <br /> <br />TERM: 25 years <br />AREA: Approximately 39.6 acres <br />RENTAL: $I.00 for the term <br /> <br />COMMENTS: Lessee requests to lease property adjacent to the Frank Liske Park for <br />recreational purposes. In the event a portion of the property is needed for development by the State <br />or an industry which will purchase same fi.om the State, the area covered by that portion of the lease <br />property will terminate, upon lessor giving 180 days written notice to lessee. Stonewall Jackson <br />students shall be permitted use of the athletic fields. Lessee will relocate access roads throu_~_Xa the <br />property as well as construct a perimeter fence around the leased property. This item was presented <br />to the Ioint Legislative Commission on Governmental Operations for their review and received a <br />favorable recommendation. <br /> <br /> <br />