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491 <br /> <br /> The Board of Commissioners for the County of Cabarrus met in special <br />session in the Commissioners' Conference Room at the Cabarrus County Governmental <br />Center in Concord, North Carolina on Monday, January 26, 1998, at 9:00 A.M. The <br />purpose of the meeting was to consider approval of the transfer of real property <br />located at the intersection of Cabarrus Avenue and US Highway 601 in Concord, <br />North Carolina and to consider approval of a contract with the purchaser <br />regarding the leasing of the property and environmental conditions. <br /> <br />Present - <br /> <br />Absent - <br /> <br />Chairman~ Sue B. Casper <br />Vice-Chairman: Carolyn B. Carpenter <br />Commissioners: Jeffrey L. Barnhart <br /> Dr. Franklin C. Niblock, Jr. <br />Commissioner: Kenneth Mills <br /> <br /> Also present were Mr. Frank W. Clifton, Jr., County Manager; Mr. Fletcher <br />L. Hartsell, Jr., County Attorney; and Mrs. Frankie F. Bonds, Clerk to the Board. <br /> <br /> Chairman Casper called the meeting to order at 9:00 A.M. She welcomed Mr. <br />Jeff Carpenter, Realtor, to the meeting. <br /> <br />Sale of County Pro~ert~ <br /> <br /> Mr. Clifton stated the Board had agreed on November 17, 1997 to sell <br />approximately 4.754~ acres of County property at the corner of Cabarrus Avenue <br />West and Highway 601 By-Pass to the Cedar Corp. LLC. Although company officials <br />would like to close on the purchase of that property today, it is anticipated <br />that the Department of Social Services and the Cooperative Extension Services <br />will remain at their current locations through May 31, 1998 and August 31, 1998, <br />respectively. Mr. Clifton reported that the company had discovered two fuel <br />tanks on the property and had agreed to pay up to the first $20,000.00 to remove <br />the tanks with the County to pay a maximum of $75,000.00 for any additional costs <br />over $20,000.00. The company would then assume any remaining costs. All costs <br />for the removal of asbestos will be paid by the company. Mr. Clifton proposed <br />that the County assume its pro rata share of taxes during the time County staff <br />remains in the buildings. <br /> <br /> Mr. Hartsell reviewed the following issues pertaining to the sale and the <br />terms of the interim lease of the property by the County. (1) The deed is from <br />the County to M. B. Kahn Construction Company to which Cedar Corp. LLC has <br />assigned the original contract. (Verification of this assignment is pending.) <br />(2) A lease will be signed with M. B. Kahn Construction Company at the time of <br />closing with the Department of Social Services to remain at its current location <br />through May 31, 1998 and the Cooperative Extension Service to remain in Building <br />B through August 31, 1998 at a cost of one dollar per month for the term of the <br />lease° (3) Other miscellaneous terms of the lease. <br /> <br /> Mr. Carpenter advised that M. B. Kahn Construction Company, Inc. is the <br />parent company of Cedar Corp. LLC. <br /> <br /> There was discussion regarding the issue of liability during the demolition <br />of Building A while staff continues to occupy Building B. <br /> <br /> UPON MOTION of Commissioner Barnhart, seconded by Commissioner Niblock with <br />Commissioners Barnhart, Niblock and Chairman Casper voting for and Commissioner <br />Carpenter voting against, the Board approved the following action: (1) <br />Authorized the closing of the sale for approximately 4.754± acres of County <br />property located at the intersection of Cabarrus Avenue West and Highway 601 <br />Bypass at the purchase price of $1,575,050.00 to M. B. Kahn Construction Company, <br />Inc. (pursuant to the assignment of the purchase contract by Cedar Corp. LLC); <br />(2) authorized the Chair to execute an interim lease (Buildings A and C through <br />May 31, 1998 and Building B through August 31, 1998) as outlined by the County <br />Attorney at a cost of $1.00 per month plus the County's pro rata share of taxes <br />for the time County staff occupies the buildings with the County's acceptance of <br />a maximum liability of $75,000.00 for the removal of the fuel tanks after the <br />payment of the first $20,000.00 by the company; and (3) authorized the Chair to <br />execute any final documents related to the sale of the property upon review and <br />approval by the County Attorney. <br /> <br />Adjournment <br /> <br /> There being no further business to come before the Board, Chairman Casper <br />adjourned the meeting at 9:35 P.M. <br /> <br /> Clerk to the Board <br /> <br /> <br />