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HomeMy WebLinkAbout2016/07/18 RESOLUTION TO TERMINATE AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY DATED MAY 27, 2016 WITH CURR-WELL DEVELOPMENTS INDUSTRIAL DR/COLLEGE STREET BUNNLEVEL A RESOLUTION TO TERMINATE AN AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY DATED MAY 27,2016 THAT WHEREAS, on May 27, 2016, the Harnett County Board of Commissioners acting on behalf of the County of Harnett as Buyer, entered into an Agreement For Purchase and Sale of Real Property (Purchase Agreement) with Curr-Well Developments, L.L.C. for the purchase of Lots 1, 2, & 3 as shown on Map No. 2008-299, Harnett County Registry. These tracts are located at the addresses of 16 Industrial Drive (Lot 1), 50 Industrial Drive (Lot 2) and 35 College Street, Bunnlevel, NC 28323; and WHEREAS, the County intended to examine the property as the possible site of a solid waste disposal convenience center which would be used by Harnett County citizens. The Purchase Agreement established an Examination Period which expires on August 1, 2016, whereby representatives and agents of the County could inspect and research the subject real property site. The Purchase Agreement further provided that if prior to the expiration of the Examination Period, the Buyer should determine that the real property is unsuitable, in Buyer's discretion, that the Buyer can terminate the Purchase Agreement upon written notice to the Seller; and WHEREAS, after careful examination and inspection of the subject real property, and after receiving input from citizens who reside in the vicinity of the subject real property, the Harnett County Board of Commissioners have come to the conclusion that the subject real property is not suitable for the location of a solid waste disposal convenience center and therefore the Board desires to terminate the Purchase Agreement. NOW THEREFORE, BE IT RESOLVED that on the basis of the foregoing recitals that the Harnett County Board of Commissioners does hereby determine that Harnett County's Agreement For Purchase and Sale of Real Property dated May 27, 2016 with Curr-Well Developments, L.L.C. is hereby terminated; that the County staff is hereby directed to forward written notice of the termination to Curr-Well Developments, L.L.C. with the Board's gratitude to Curr-Well Developments, L.L.C. for the opportunity to consider this site. Duly adopted this the 18h day of July, 2016 by a vote of .5 ayes and O nays. - ,0MM! :Qoo .�,.4,;io F... o� : HARNETT COUNTY BOARD OF COMMISSIONERS : ; *4. t t - _ sem,.., , n- Jim Burgin. C Irman ATTEST: /'i l/ ` ' ' OA/jeit Marg/-t Regina 4-eler,Clerk