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Commissioners authorize purchase agreement for Hawkins Avenue property at $5.3 million
Summary
After a closed session discussion on acquisition of real property, the Lee County Board of Commissioners authorized the chairman to negotiate and sign a purchase agreement for two parcels (Hawkins Avenue and Burns Drive) for $5.3 million subject to final staff negotiation of material terms.
Following a closed session on acquisition of real property under North Carolina statute, the Lee County Board of Commissioners returned to open session and voted to authorize the chairman to enter into a purchase agreement to buy two parcels (listed in the record as 1605/1611 Hawkins Avenue and 0 Burns Drive) for $5,300,000, subject to staff final negotiation of material terms.
County staff told commissioners the county currently leases portions of the subject property at about $10,000 per month (a temporary arrangement that included utilities and maintenance) and that buying the building could allow the county to consolidate administrative and finance functions, relieve space constraints at the courthouse and Summit building, and eventually free up other county-owned space for elections and other uses. Staff said a detailed renovation and cost analysis had not yet been completed; commissioners directed staff to continue due diligence and to return with material terms and any renovation cost estimates as the purchase process advances.
Commissioners approved the authorization by voice vote; the motion recorded in the transcript was made on behalf of Commissioner Reese and the chair was authorized to sign the purchase agreement subject to final negotiation.
