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Nov-OS-gg 08:35A Great Land Oevelopment Co 704 544+2244 P.01 <br /> <br />Courtry Board Education <br /> <br />7o4.7m~191 <br /> <br />704.37.~.0~ ¢~o~ <br /> <br />Iqovcmhe. r 4, 1999 <br /> <br />Mr. Duane C. Bemlctt <br />Orcat Land Dcvclopmcn! Company <br />] 0712 Old Wayside Road <br />CharloRe, NC 2t~277 <br /> <br />Re: Donalion of Laud <br /> <br />Dear ~Mr. <br /> <br />'Iltis le, tt~ is ;o inform yotr th~a ~¢ Cab~mJs Co~mp/Board at ~ducation will accept yaur donation <br />of 35 acr~ in tho Clnt~'~ield Estates offPhrar Mill Road. How~v0r, the Board will accept this <br />donation only if il is given £rr~ and clear and wid2out any co,~ditions. Furthermore, il is <br />acknowledged that thin larld is nol beJllg donlil~d in lieu ofcondemnagon. I~¥ this acceptml¢C. Ihe <br />Board is not bound to construct a school on ',he site at any time. <br /> <br />Should thc Board cll,~t La sell ~he pmlm~y by privaie negotiation, you will be give.1 Ifc fight of first <br />rc~sal to match thc ncgo6ated prlcc. In ~y ~ ~c p~p~ must be advcdi~cd ~ open for <br />upset bids puget ~ ~pli~ablo ata~tes ~or ~ cloaMg on a sale. <br /> <br />Wc will have our at(omcys draft thc d~Cd ~ right of ih'st refusal to be e. xceutcd upon your <br />receiving final plat approval. Wc look forward Io working w{tb you in this regard and appreciate <br />your <br /> <br />Christine A. Lc~ <br />Board Chair <br /> <br />EXHIBIT 2 <br /> <br /> <br />