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BK:00025 PG:0157 <br />Same day registration and voting will be available during One Stop Early Voting. Sample <br />ballots were provided for review. <br />Ms. Kimble also discussed buffer zones at all of the voting areas as outlined in N.C. <br />General Statute § 163- 166.4, a copy of which is attached to these minutes and by this <br />reference made a part hereof. <br />County Manager John Crumpton presented an update to the Board on the Summit <br />Avenue and Steele Street property being donated and purchased from Dr. Paul Howard and <br />Dr. Barbara James to the County and Central Carolina Community College. The two <br />properties involved in the transaction are located at 128 -134 Steele Street and 408 Summit <br />Drive. The appraised value for the Summit Drive property is $675,000 and the County is <br />agreeing to purchase the property for this amount. The property on Steele Street appraised for <br />$200,000; therefore the gift to the College, by Dr. Howard, is in the amount of $200,000.00. <br />Both properties have been inspected and a copy of the inspection report is attached to these <br />minutes and by this reference made a part hereof. Mr. Crumpton stated the Steele Street <br />property will be a simple gift from Dr. Howard to the County for the use of the Community <br />College. The County will purchase the Summit Drive property through a 59 -month loan from <br />Dr. Howard. At the end of the loan period, both properties will become the Community <br />College's, with the County having the right to continue to lease the Summit Street property <br />from the College for a mutually agreed upon period. A lease agreement on the building will be <br />signed by the County and College. The Community College will use the Steele Street location <br />as their Small Business Development Center. The building will also have enough space for <br />use as a small business incubator. The third floor can be used as an artist loft or something <br />similar. The County intends to move County Administration, Legal, Human Resources, GIS <br />and Finance to the 408 Summit Drive location. The area vacated in the Government Center <br />will be turned over to the Health Department and Social Services for their use. No action was <br />taken. <br />The Board considered a Resolution approving documents related to the installment <br />financing of property being purchased at 408 Summit Drive. Assistant County <br />Manager /Finance Director Lisa Minter stated that the next step in the process of acquiring the <br />above referenced property from Dr. Paul Howard and Dr. Barbara James is for the Board to <br />review the Resolution and documents related to the financing and approve the Resolution <br />authorizing the execution and delivery of said documents. Commissioner Hayes introduced <br />the Resolution and moved to approve the Resolution Authorizing the Execution and Delivery of <br />an Installment Financing Agreement, a Deed of Trust and Related Documents in Connection <br />with the Financing of the Acquisition of an Existing Building by the County of Lee, North <br />Carolina, a copy of which is attached to these minutes and by this reference made a part <br />hereof. Upon a vote, the results were as follows: <br />Aye: Hayes, Oldham, Parks, Paschal, Reives, Shook, and Womack <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />$1 <br />