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BK -00028 PG -0166 <br />WHEREAS, both the Lee County Board of Commissioners and the Central Carolina Community College <br />Board of Trustees shall enter resolutions upon their minutes referencing the actions described herein to <br />transfer ownership of the Summit Building, Innovation Center, and Steele Street Property. <br />NOW, THEREFORE, BE IT RESOLVED by the Lee County Board of Commissioners as follows: <br />1. The Interlocal Agreement between the County and College dated October 15, 2012 is hereby <br />cancelled. <br />2. Title to the Summit Building shall remain with the County upon payment of the debt associated <br />with the building. <br />3. Title to the Innovation Center shall be transferred to the College. <br />4. Title to the Steele Street Building shall remain with the County, which shall have the right to sell <br />and retain any sale proceeds. <br />S. The County Manager and appropriate County officials are authorized to execute the instruments <br />necessarytq transfer the Innovation Center to the College. <br />Dated this the � day of March, 2016. <br />gaquell M. Lee, Clerk <br />Lee County Board of Commissioners <br />Amy M. Dalrymple, Chair <br />Lee County Board of Commissioners <br />