My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
AG 1997 11 17
CabarrusCountyDocuments
>
Public Meetings
>
Agendas
>
BOC
>
1997
>
AG 1997 11 17
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/25/2002 6:31:47 PM
Creation date
11/27/2017 11:54:46 AM
Metadata
Fields
Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
11/17/1997
Board
Board of Commissioners
Meeting Type
Regular
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
172
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Jeffery C. Carpenter & Cempany, Inc. <br /> <br /> Jeffery C. Ca~p~t~r <br /> P.O. Box 916 <br />Concord. NC 28025 <br /> <br />Ph~e (704)786-7235 <br />Fax (704)792-2541 <br /> <br />November 04, 1997 <br /> <br />Mrs. Sue Casper <br />Chaim~an <br />Cabarrus County Board of Commission <br />Concord, North Carolina <br /> <br />Dear Mrs. Casper: <br /> <br />This letter is being sent to you to inform the Cabarms County Board of <br />Commissioners the total dollars to the County the offer fi-om Cedar Corporation will <br />generate for Cabarrus Cotmty contingent upon the acceptance of their offer and <br />subsequent development. <br /> <br />As you are aware the present offer is $1,575,000.00 upon closing. The/r plans are <br />to demolish the present building and develop new retail facilities. The tax value or <br />developmental costs of building one will be approximately $950,000 w/th $350,000 <br />of site work. Building two and three will add an additional $1,000,000 to <br />$1,500,000 to the property valuation. <br /> <br />As you can see, a new development drastically increases the tax value and cotmty <br />taxes paid to Cabm-t as County. <br /> <br />Purchaser Price · <br />New Buildings: <br />Site work, paving, etc.: <br /> <br />Cedar Corp. <br /> Tax Value <br /> 1,575,000 <br /> 1,975,000 <br /> 600,000 <br /> <br /> as <br />opposed to <br /> <br />Other Offer <br /> Tax Value <br />$1,575,000 <br /> <br />Tax Value: <br />County Taxes: <br /> <br />$4,150,000 <br />27,390 annually <br /> <br />$1,575,000 <br />10,395 annually <br /> <br /> <br />
The URL can be used to link to this page
Your browser does not support the video tag.