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Commissioners approve one-year option to buy roughly 115 acres near Alexander County industrial park
Summary
After a public hearing, the board approved an option-to-purchase agreement for two parcels adjacent to the county's industrial park (around 115 acres). The option fee is $1, projected purchase price $7,948.49 per acre (with an $8,000/acre incremental price above 115); the agreement allows due diligence including surveys and environmental testing.
The Alexander County Board of Commissioners voted to approve an option-to-purchase agreement for two parcels adjacent to the county's industrial park, a move county staff said will preserve the county's ability to acquire land for economic development while the county completes due diligence.
County attorney Ben Falenbury presented the item as a public hearing and explained that the parcels are…
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