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.