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Davie County approves acceptance and immediate sale of Cherry Street property to county museum for $450,000
Summary
The board unanimously approved three resolutions to accept surplus Cherry Street property from the Davie County Board of Education and sell it to the Davie County Museum, Inc. for $450,000; the museum has deposited funds in escrow and agreed to pay closing costs.
The Davie County Board of Commissioners unanimously approved three linked resolutions to accept a Cherry Street property declared surplus by the Davie County Board of Education, surplus it, and transfer it to the Davie County Museum, Inc. for $450,000.
Ed explained the process under North Carolina General Statute 115C‑518, which requires a school board to offer surplus property to the county before sale. The museum deposited $450,000 in a law firm trust account and agreed in writing to pay any closing costs the county would otherwise incur. The county’s action will be a same‑day, back‑to‑back transfer: the county will accept the property from the school board and simultaneously convey it to the museum, with no county funds exchanged.
All three resolutions (acceptance, surplus declaration, and sale contract approval) passed unanimously. The county clerk will publish the required notice of private sale as a procedural follow‑up.
