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014 <br />B06r 16 319 <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />The Board considered the transfer of title to the old Sanford-Lee County Airport property to <br />the Sanford-Lee County Regional Airport Authority. Airport Authority Chairman Herb Hincks was <br />present and answered questions of the Board. After some discussion Commissioner Moretz moved to <br />approve the following: <br />RESOLUTION AUTHORIZING TRANSFER OF TITLE <br />TO OLD SANOFRD-LEE COUNTY AIRPORT PROPERTY <br />TO THE SANFORD-LEE COUNTY REGIONAL AIRPORT AUTHORITY <br />WHEREAS, the Sanford-Lee County Regional Airport Authority (Authority) was created by <br />the General Assembly of North Carolina on July 9, 1992, at the request of the Board of Aldermen for the <br />City of Sanford (City) and the Board of Commissioners for Lee County (County); and <br />WHEREAS, the operation of the present Sanford-Lee County Airport was delegated to the <br />Sanford-Lee County Regional Airport Authority by resolutions adopted by both Boards in 1992; and <br />WHEREAS, the Grant Agreement dated March 22, 1994, which modified the original Grant <br />Agreement dated February 2, 1993, between the Authority and the Department of Transportation, an <br />agency of the State of North Carolina, provides that upon the formal opening of the new Sanford-Lee <br />County Airport, the Authority agrees that it will close and sell the old Sanford-Lee County Airport, and <br />credit the sales price in accordance with Federal procedures; and <br />WHEREAS, the title to the land, rights in land, easements, appurtenances, and personal <br />property comprising the old Sanford-Lee County Airport is vested in the City of Sanford and the <br />County of Lee; and <br />WHEREAS, the Authority has requested the City and County to convey title to all real and <br />personal property comprising the old Sanford-Lee County Airport to the Authority in order for it to <br />comply with the terms of said Grant Agreement; and <br />WHEREAS, N.C. General Statute I60A-274 authorizes a county, upon such terms and <br />conditions as it deems wise, with or without consideration, to sale to a governmental unit, which <br />includes an authority, any interest in real or personal property that it may own; and <br />WHEREAS, there has been submitted to this meeting forms of the following documents: <br />• Deed from the City and County to the Authority for their right, title, and interest <br />in and to the real property comprising the old Sanford-Lee County Airport; and <br />• Bill of Sale from the City and County to the Authority for the personal property <br />belonging to or which is a part of the old Sanford-Lee County Airport; and <br />WHEREAS, the County desires and deems it expedient to convey its interest in said property <br />to the Authority with consideration; <br />NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners for the County of <br />Lee as follows: <br />