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HomeMy WebLinkAboutC.054.93009_1537'os MOTION by Commissioner Stewart to allocate $119,900 for the purchase of the Briere property/house located at 410 Walnut Street, Statesville, N.C., and to use Budget Amendment #43A for this purpose. Commissioner Boone said he was glad that Mitchell intended to move the house rather than demolish it. He mentioned the tax office listed the property at a tax value of $77,490. The asking price is about 55% more than the appraised tax value. Boone said if the County staff requested to purchase a property for an amount that was this much over the tax value he would be reluctant to do SO. He mentioned that if a person took the purchase price and looked at the situation on a per acre basis the cost was $697,000 per acre. Mr. Boone said he could not justify appropriating extra county money for a piece of land. Boone said the college had been appropriated $250,000 for unrestricted capital improvements and if the trustees so chose, they could spend a portion of this for the purchase. Commissioner Stewart said that all the "ends and outs" of this real estate transaction had not been madeShe mentioned there was no in competition to obtain the property. room for negotiation if the college was going to secure this adjoining property. Commissioner Johnson said that when he was confronted with this p e on would benefit theest he tried to p people asking forethenmoney as he well e ed and how it wellas the future for the County. The capital needs of the schools will be a major need in the future. With the passage of the two school bonds, time has been acquired before the needs will surface (three -- four years). After the bond money has been exhausted, the County will have to confront the future needs. Johnson said that in order to support the schools in the future the County needed to be frugal and continue to build the capital reserve and fund balance. Further,nson be said of marginal benefititoeof land the colleg. (1/6th of an Commissioner Fortner said she was acquainted with most of the trustee members. She stated she had confidence in their ability to look after the best interests of the college. VOTING: Ayes - 3; Nays - 2 (Boone/Johnson) RCRTS IR8D8LL R88CU8 SQUAD: Commissioner Johnson said that a few months ago the County was faced with members of the Iredell Rescue Squad desiring to separate and form their own organization. Johnson said when he became involved his goals were: 1) keep expenses to the County as low as possible 2) insure that rescue service continued to be adequate in the north end of the County and 3) have a spirit of cooperation between the two squads after the break. Johnson thanked Bill Sherrill and Donnie Perry, members of the Iredell Rescue Squad, for their frugal and responsible handling of taxpayer money. The mediation between the two groups has resulted in the following: Iredell Rescue Souad: 1. Will give up 29% of fund balance to the North Iredell Rescue Squad. (This will be approximately $23,600.) 2. Will give a rebate of any insurance money. North Irede�l RescLe Scuad 1. Will relinquish any claims to funds that were set aside for the refit of Truck 1105. 2. North Iredell will gain any equity that is built up in the �l� 1-J97This and equipment in the north end of the County. This squad will assume responsibility for the mortgage on the building which is approximately $50,000.