HomeMy WebLinkAboutC.054.93009_1463 (2)632
resolution:
WHEREAS, Gene Davis has offered to purchase a portion of the
East Iredell Middle School tract, which lies across Chestnut Grove
Road from the school, and which consists of 0.449 acres for the
price of $2,200.00, plus all of the costs associated with obtaining
a release of said property from the lien of the Deed of Trust
encumbering same; and
WHEREAS, Iredell County heretofore pledged said property as
collateral for the 1992 Certificate of Participation indebtedness,
which pledge is contained in a Deed of Trust dated January 5, 1993,
which Deed of Trust is recorded in Book 873, Page 534, of the
Iredell County Registry; and
WHEREAS, the Iredell-Statesville School System has declared
the 0.449 acre tract to be surplus property and has found that a
sale of it will not affect the structural integrity of any of its
facilities or reduce its ingress or egress to any of its
properties, or materially diminish the value of any of its
properties; and
WHEREAS, to sell publicly -owned property, Iredell County must
comply with the provisions of Article 12 of Chapter 160A, of the
General Statutes of North Carolina.
NOW THEREFORE, be it resolved:
1. The offer of Gene Davis to purchase 0.449 acres of the East
Iredell Middle School tract lying across Chestnut Grove Road
from the school facility for the price of $2,200.00, plus all
costs associated with obtaining a release and conveyance of the
property, is hereby accepted.
2. The Clerk to the Board of Commissioners is directed to
advertise the offer of Gene Davis for upset bids in the manner
prescribed by Article 12 of Chapter 160A of the General
Statutes of North Carolina.
3. The sale to Gene Davis or to any subsequent high bidder will be
conditioned upon the property not being used in any manner that
would create a nuisance or diminish materially the fair market
value of the remainder of the East Middle School property.
VOTING: Ayes - 5; Nays - 0.
REQUEST FOR APPOINTMENTS TO THE CABARRUS/IREDELL/ROWAN HOME
CONSORTIUM BOARDS MOTION by Commissioner Boone to appoint William
Allison as the appointee to this Board and Ron Smith as the
alternate.
VOTING: Ayes - 5; Nays - 0.
(aotes This consortium was approved os June 4, 1996.)
REQUEST FOR APPROVAL OF LETTER OF CREDIT AND RELEASE OF A
CASH BOND: MOTION by Commissioner Johnson to approve the following
two items:
1. APPROVAL OF A LETTER OF CREDIT: This letter of Credit
(#452-0030080/00003) for Three Oaks Subdivision Section II, located
off East Lewis Ferry Road on Three Oaks Road was issued by Branch
Banking and Trust Company of Statesville in the amount of
$17,500.00 (with an expiration date of 2/1/98) for the completion
of surveying, engineering, erosion control, paving, seeding &
landscaping cost.
2. RELEASE OF A CASH BOND: This Cash Bond (Receipt 058835)
in the amount of $62,848.00 for River Walk Subdivision Section I,