File #: 16-3454   
Type: Consent Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 6/7/2021 Final action:
Title: Approval of the Acquisition of the Wake Equity LLC Property through the County’s Open Space Program
Attachments: 1. Item_Summary_Wake_Equity_Acquisition.pdf, 2. CIP Budget Memo - FY 2021 County Capital Fund - PGROS.pdf
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Approval of the Acquisition of the Wake Equity LLC Property through the County’s Open Space Program

Recommended Action:

That the Board of Commissioners:

 

1.                     Authorizes the County Manager to execute a $1,684,376 agreement to purchase the Wake Equity property, subject to terms and conditions acceptable to the County Attorney; and

 

2.                     Appropriates $76,675 of NCDOT 540 Settlement funding for contribution to the Open Space purchase; and

 

3.                     Appropriates $306,701 of Parks, Greenways, Recreation and Open Space bond funding planned for Open Space.