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430 <br /> <br />Purchase of Properties (Corban and Church Street) and Adoption of Related Budget <br />Amendment <br /> <br /> Mr. Clifton reviewed the proposal to buy three parcels of property at the <br />Corban and Church Street intersection, demolish the buildings and use the <br />property for public and employee parking. The County Historical Society has <br />requested that the County save the old Carolina Tire building as it has an art <br />deco facade. However, Mr. Clifton recommended that the Board decline to <br />purchase that property if it does not intend to demolish the building. <br /> <br /> There was discussion regarding the cost of the property and the future need <br />for additional parking close to the Governmental Center, Courthouse and Law <br />Enforcement Complex. <br /> <br /> UPON MOTION of Commissioner Niblock, seconded by Commissioner Barnhart with <br />Commissioners Niblock, Barnhart and Mills and Chairman Casper voting for and <br />Commissioner Carpenter voting against, the Board approved the purchase of the <br />following property and adopted the related budget amendment. Further, the Board <br />agreed that it would not consider the Historical Society's request to preserve <br />the old Carolina Tire building. <br /> <br />Parcel 1 <br /> <br />Owner: J. A. Cline Heirs <br />Purchase Price - $210,000.00 <br /> <br />Parcel 2 <br /> <br />Owner: Brad Ragan Realty Company <br />Purchase Price - $150,000.00 <br /> <br />Parcel 3 <br /> <br />Owner: John McCrimmon <br />Old Concord Development Company <br />Purchase Price - $85,000.00 <br /> <br />BUDGET REVISION/AMENDMENT REQUEST <br /> <br />AMOUNT: $500,000.00 <br />TYPE OF ADJUSTMENT: Supplemental Request <br />PURPOSE OF REQUEST: To allocate funds for the purchase and demolition of the <br />Carolina Tire Building located at 30 Corban Avenue, SE, Concord, NC. <br /> <br /> Present Approved <br />Account No. Budget <br />01-9-19-52-820 1,150,130.21 <br />Building Improvement <br />01-9-19-52-445 5,000.00 <br /> Purchase Service <br />01-6-17-10-901 6,039,168.95 <br /> Fund Balance Appropriated <br /> <br />Increase Decrease <br /> <br />450,000.00 <br /> <br /> 50,000.00 <br />500,000~00 <br /> <br /> Revised <br />Budget <br />1,600,130.21 <br /> <br /> 55,000.00 <br />6,539,168.95 <br /> <br />Approval of Agreements with the Cabarrus'County and Kannapolis Schools Concerning <br />Sales Taxes <br /> <br /> Mr. Hartsell reviewed the proposed modifications to each of the agreements <br />as recommended by each of the school boards. He recommended approval of each <br />agreement with the requested changes. . <br /> <br /> UPON MOTION of Commissioner Barnhart, seconded by Commissioner Carpenter <br />and unanimously carried, the Board approved the following Agreements with the <br />changes as outlined by the County Attorney and authorized staff to proceed with <br />implementation of the Agreements. <br /> <br />North Carolina <br /> <br />Cabarrus County <br /> <br />Agreement <br /> <br />This agreement is made this the __ day of November, 1997 by and <br />between Cabarrus County, a political subdivision of North Carolina <br />(the "County") and the Cabarrus County Board of Education, a school <br />administrative unit of North Carolina (the "Board of Education"). <br /> <br />Witnesseth: <br /> <br /> <br />