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July 10, 1997 <br /> <br />ICASAlll]US COUNIYI <br /> NORfH CAROLINA <br /> <br />MEMORANDUM <br /> <br />TO: Board of Commissioners <br /> <br />Per the attached correspondence, I propose to provide effective notice to "terminate the lease" in one <br />year. Effectively, I would suggest the termination date be established as July 31, 1998, allowing for <br />a month-to-month extension of the Fair's use of the property pending a sale of the property by the <br />County. <br /> <br />Be advised that I have asked staffto seek Requests for Proposals (RFP's) from qualified commercial <br />appraisers for purposes of establishing value of the County-owned lands. Because the Fair has <br />advised me that they do not want to be included in any proposed effort to sell the tract as a whole, <br />we will advertise the property as separate parcels. <br /> <br />Additionally, recognize the Fair's lease is for land occupied by the Carnival, not the Agricultural <br />portion of the Fair. It is my understanding that should the County's land sell, the Fair has a <br />contingency plan that moves the Carnival to the lot in front of the main exhibition hall on the Fair <br />controlled property. <br /> <br />I have also asked Al Stanford to study a potential to relocate the Agricultural Extension Service <br />operations to the present day County Landfill property on Irish Potato Road. That could help free <br />up the County occupancy of the buildings at Highway 601/29 and make the property ready for sale. <br /> <br />Your approval of the lease termination proposal is recommended. <br /> <br />FWC/sb <br /> <br />Attachments <br /> <br /> Office of the County Manager <br /> <br />P. 0 m~o× 707 · Cor,;crd NC 28026-0,707 · <704) 788-8100 · C.h,~;i-:~te 375 C~829 <br /> <br /> <br />