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Board approves purchase of three Third Street lots and budget amendment to fund acquisition
Summary
Town agreed to buy 200, 202 and 204 Third Street for $421,200 (tax value) to complete right‑of‑way for Walter Street extension; board also approved a budget amendment to appropriate the funds from the general fund.
The Huntersville Town Board on Oct. 21 approved a purchase agreement and a corresponding budget amendment to acquire three adjoining lots at 200, 202 and 204 Third Street for $421,200. Town staff said the parcels will provide right‑of‑way and staging area to complete a planned Walter Street extension identified in the town’s CIP.
Why it matters - Acquiring those properties completes a contiguous corridor the town needs for the Walter Street extension and provides site space for construction easements and equipment staging.
Votes and next steps - The board approved the purchase agreement and then unanimously approved a budget amendment to appropriate $421,200 from the general fund for the acquisition. Staff will complete closing paperwork and update the CIP as needed.
Speakers - Mr. Williams (staff) presented the purchase proposal and rationale to the board.
Provenance - topicintro: {"block_id":"block_8611.355","local_start":0,"local_end":26,"evidence_excerpt":"We are on to item 10 F. Consider purchase agreement for the purchase of property located at 200 Third Street, 202 Third Street, and 204 Third Street. Mr. Williams?"} - topfinish: {"block_id":"block_8758.605","local_start":0,"local_end":26,"evidence_excerpt":"All those in favor, please raise your hand. Any opposed? The motion carries unanimously."}
