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L <br />MO 9 cur J ; <br />FINAL CONDENINATION RESOLUTION <br />WHEREAS, it is in the best interest of the County of Lee, acting <br />with the City of Sanford, to jointly acquire the necessary land and rights of land, <br />identified on the map to which reference is hereafter made as "Property Map <br />Exhibit 'A' Sanford-Lee County Airport", by Williams & Works, Engineers, to <br />enlarge, improve, and extend the Sanford-Lee County Airport; and <br />WHEREAS, the Board of Commissioners for the County of Lee and <br />the Board of Aldermen for the City of Sanford, have heretofore adopted and served <br />upon the owners and all other persons having an interest therein, a Preliminary <br />Condemnation Resolution; and <br />WHEREAS, a Board of Appraisers have been appointed to determine <br />the compensation for the property acquired and said Appraisers have submitted their <br />written report to the Board of Aldermen and to the Board of Commissioners. <br />NOW, THEREFORE, under and by virtue of the provisions of General <br />Statutes 153A-159, and upon motion of Commissioner Clyde J. Rhyne <br />seconded by Commissioner Jack D. Funderburke and duly <br />adopted, <br />BE IT RESOLVED BY THE BOARD OF COMMISSIONERS <br />FOR THE COUNTY OF LEE, AS FOLLOWS: <br />1. The amount of damages and benefits and the amount of compen- <br />sation to be paid to the owner(s) as fixed by the Board of Appraisers, is as follows: <br />Damages: <br />Benefits: <br />Compensation to be paid: <br />$ 51,905. 00 <br />$ 51,905. 00 <br />2. The County of Lee and the City of Sanford hereby acquire the <br />property described herein, under the power of eminent domain. <br />3. The description of the lot, tract or parcel of land which is <br />acquired is set forth in Exhibit "A" annexed to this resolution and incorporated <br />herein by reference. <br />4. The nature of the right, title or interest acquired is the fee simple <br />title to the parcels described in Exhibit "A" annexed to this resolution and incorporated <br />herein by reference. <br />5. The purpose for acquiring the aforesaid land is to enlarge, improve, <br />and extend the Sanford-Lee County Airport. <br />6. The name and addresses of the owner(s) and all other persons <br />made a party to this proceeding, are as follows: <br />M. Cade Covington, Box 2336, Sanford, North Carolina 27330 <br />Irene H. Covington, Box 2336, Sanford, North Carolina 27330 <br />Jimmy L. Love, Trustee, 315 McIntosh Street, Sanford, North Carolina 27330 <br />Sanford Savings & Loan Association, 130 N. Steele Street, Sanford, North Carolina 273 <br />Lee County (ad valorem property taxes), c/o Mr. Nathan Crissman, Tax Collector, <br />P. O. Box 987, Sanford, North Carolina 27330 <br />