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Pursuant to resolution of the Board of Commissioners at a special meeting on November 18, 1976, Notice was duly published in The Concord Tribune, a copy of which is attached hereto, announcing that the Boa~'d intended to convey to Concord-Kannapolis Savings and Loan Association TRACT B of the land hereinafter described in exchange for the conveyance to Cabarrus County of TRACT A and the agreement by Concord-Kannapolis Savisgs and Loan Association to pay Cabarrus County tl~e surn of Seven Thousand Five I{undred Dollars ($7, 500.00) and to demolish the building on Tract A and pave Tract A at no expense to the County, and that said notice provided that ilxis matter would be considered at the regular meeting on December 9, 1976; and whereaS, the Board of CommiSsioners desires lo make said exchange; NOW, THEI{EFORE, BE IT RESOLVED tbai Cabarrus County convey to Concord-Kannapolis Savings and Loan Association Tract B hereinafter described in exchaoge for the conveyance by Concord-Kannapolis Savings and Loan Association to Cabarrus Couniy of Tract A of the land hereinafter described and ~"~e payment by Concord-Kannapolis Savings &nd Loan Association to Cabarrus Couniy of lhe sum of Seven Thousand Five Hundred Dollars ($7, 500.00) and the agreement by said Concord-Kannapolis Savings and Loan Association lo demolish the building on Tract A and pave Tract A at no expense to the County and that lhe Chairman and Clerk to the Board be and they are hereby auihorized and directed to make, execute and deliver deeds and instruments necessary to effectuate the said exchange. TRACT A is described as follows: Lyii~g and being in Ward No. 3 of the City of Concord, Cabarrus Couoty, North Carolina, on the East side of Church Street, South, and being a part of the property known as the Winecoff Service Station lot, and being more particularly described as follows: BEGINNING at an iron stake in the edge of the sidewalk on Church Street, South, corner of Concord-Kannapolis Savings and Loan Association (formerly Winecoff Service Station lot) and Cabarrus County, and runs lhence with il~e line of Cabarrus County, N. 31-05 E. 108.05 feet to an iron Stake, an old corner; thence a new line S. 47-49 W. ~03.32 feet to a point in the edge of lhe walk on the East side of Church Street, South; thence with the edge of lhe walk, S. 41-54 E. 31.42 feet to the BEGINNING, containing 1,620 square feet, more or less, as surveyed and platted by Billy B. Long, Registered Land