Item Coversheet

  Town of Huntersville
REQUEST FOR BOARD ACTION
9/21/2015

REVIEWED:

To:                  The Honorable Mayor and Board of Commissioners

From:              Max Buchanan

Subject:          Purchase of 510 Dallas Street

The US 21 / Gilead Road intersection improvement project , as currently scoped, requires the total take of the home and property located at 510 Dallas Street (Parcel #01710111) and owned currently by Ms. Patricia Maynor.  


ACTION RECOMMENDED: 

Authorize Town Manager to execute purchase contract for Parcel #01710111 (510 Dallas Street) in the amount of $330,000 with an additional $5,000 in contingency for other costs incurred to execute said purchase contract. 

 
 
FINANCIAL IMPLICATIONS:

$330,000 purchase amount for Parcel #01710111 (510 Dallas Street)

$5,000 contingency amount for closing costs, etc.

 

Total of $335,000 from 2013 Authorized Bond Funds

 



ATTACHMENTS:
DescriptionType
Polaris Aerial - 510 DallasExhibit
510 Dallas Street - AppraisalExhibit