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7 <br />ADDITION <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR MEETING <br />MARCH 21, 2011 <br />6:30 P.M. <br />AGENDA CATEGORY: <br />New Business <br />SUBJECT: <br />Commerce - Sale /Disposition of County Property <br />BRIEF SUMMARY: <br />There are two parties interested in purchasing a portion of the remaining <br />property at the former fairgrounds. The property in question is shown on <br />the following maps and is approximately two (2) acres. This property may <br />be sold through sealed or upset bids as described on the following statute <br />(GS 160A, Article 12). <br />REQUESTED ACTION: <br />Receive update from staff. <br />Select a method of sale, if needed. <br />Authorize the County Manager, County Attorney, and et al. to execute <br />related documentation, if needed. <br />EXPECTED LENGTH OF PRESENTATION: <br />5 Minutes <br />SUBMITTED BY: <br />Jonathan Marshall, Commerce Director <br />BUDGET AMENDMENT REQUIRED: <br />No <br />COUNTY MANAGER'S RECOMMENDATIONS /COMMENTS: <br />E <br />G -6 Page 297 <br />