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TOt Cabarrus County School Board <br />FaOM~ ~ordon L. Belo, city Attcr~~~~ <br /> <br />DATEr December 15, 1992 <br /> <br />In r®cen~ monthem there has been discussion in general of the proposed <br />exchange of ~roperty. Tharafore~ ~h· City of Co~co=d suggests the <br />follo~ing~ <br /> <br />1. That It will ~onvey =he a~tachad 33.30 acres to ~he cabs=ruB County <br /> $chool Board. <br /> <br />That in exchange ~he OAb~rus County School Board will convey all <br />p=oper~y l~ owns known as 'The Hartsell School Pro~er~y'. <br /> <br />That a boundary survey of the above be provided as soon as possible <br />by ~he Cabarrus county School Board. <br /> <br />That both deeds shall be ~ree of ~y encumbrance and in fee simple. <br /> <br />That the Cabaxrus county Scho~ls may continue to use the existing <br />main ~artsell School building and sufficient parking spaces for up <br />to five (5) Yeara~ Parking spa0eusage Shall be approved by the <br />"City of Concord parks and Re=raation Dire=tar, All utilities for <br />0aid building and all g~neral a~d customary main=asante of such <br />'ohall b~ the responsibility of the Cabarrus county Schools. <br /> <br />6. That parking privileges will be granted as needed £or those using <br /> the building. <br /> <br />7. That the City of Concord mtands ready to consummate this tr&nsact£on <br /> as soon as proper deed can be obtaine~ by ~h~ School Board. <br /> <br />GL9/~h <br /> <br />1The five (5) years may be extended for an additional five (5) year period <br />if necessary. <br /> <br /> <br />