::Wake Co. Finalizes Big Land Purchases
From Raleigh Chronicle Staff & Wire Reports
Wednesday June 6, 2007
RALEIGH - At the Wake County Board of Commissioners meeting on June 4th, the board voted to approve and finalize some large land purchases and transfers for Wake County.
Among the deals approved were some land purchases by the county for new schools and the sale of 33 acres of land by the county for $2.6 million to Garon Reeves.
Among the items that were voted on were the following:
--Authorized the County Manager to execute an amended purchase agreement for the Wendell Falls open space tract of 125.76 acres for $3,020,000, subject to terms and conditions acceptable to the County Attorney.
--Accepted the dedication of 16.831 acres of Lowery Creek open space from Hasentree Corporation.
--Approved a land acquisition of 32.33 acres in the Apex area at a cost of $105,165 per acre, totaling $3,400,000, for an elementary school and a future Town of Apex neighborhood park.
--Approved a land acquisition of 16.8 acres from Wendell Falls Development, LLC, in the amount of $40,000 per acre, totaling $672,000, for an elementary school.
--Rejected all offers received prior to April 30, 2007 for the purchase of the approximate 33 acres identified as Wake County Tax ID# 0186726. Proposed to accept an offer from Garon Reeves for the purchase of the approximate 33 acres for $2,640,000 subject to the requirements of NC General Statute 160A-269 and terms and conditions acceptable to the County Attorney.
--Approved the acquisition of approximately 16.93 acres for the proposed Southeast Wake County Park from Alton Kornegay at a purchase price of $142,000.
--Received the first reading for a request from the Board of Education for land acquisition for school sites E-31 and M-12 in the Garner area. ::