BC 1967 02 06 - Laserfiche WebLink

Home Browse Search

Addition to minutes of meeting: The following resolution was presented for approval: The committe appointed to investigate the purchase of the Holding property on East Corban Avenue (Firestone Building) have made the following report: 1. That the Holding property may b~ purchased for the sum of Forty-One Thousand Two Hundred Fifty dollars ($~1,2~0.00); Payable Eleven-Thousand Two Hundred Fifty dollars ($11,250.00) the 20th of February, 1967; Ten Thousand Six Hundred dollars ($10,600.00) February 1st, 1968; Eleven-Thousand Two Hundred dollars ($11,200.00) February 1, 1969; and Eleven Thousand Eight Hundred dollars ($11,800.00) February 1, 1970; said payments including interest and in accordance with option executed by and between W. J. Holding and wife, Margaret H. Holding, and Cabarrus County through its Chairman of the Board of Con~aissioners C. Frank 3ames, dated February 20, 1967, this option being a part of these minutes and recorded on page J~ I~ · 2. That the above price is a fair and reasonable price for the property and that it would be for the best interest of Cabarrus County to purchase said property. 3. That the 196~ legislature passed Bill No. iO~-~authorizin§ Cabarrus County to levy a special tax to acquire County buildings and sites not to exceed two cents on $100.00 valuation. Thereupon, the following resolution was unanimously adopted: BE IT RESOLVED by the BOARD OF COMMISSIONERS FOR CABARRUS COUNTY: 1. T,hat Cabarrus County purchase the Holding property located on East Corban Avenue, Concord, N. C. in accordance with the purchase price and option as outlined above upon delivery of a good and sufficient deed for Bhe said property. 2. That the Chairman of the Board of Commissioners for Cabarrus County and the County Attorney be authorized to execute any and all instruments necessary to effectuate the purchase of said property. With no further business, meeting adjourned. Clerk to Board