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d. Acceptance of Homestead Community Center Bid and Discussion of <br /> Preservation Easements for Churton Street Properties <br /> The Board considered approving a resolution authorizing the sale of Homestead Center <br /> located at 600 Homestead Road in Chapel Hill; and considered placing, or causing to be <br /> placed, Historic Preservation Agreements on two Churton Street County properties; and re- <br /> starting the divestiture process by re-advertising the properties for sale. <br /> Asset Management and Purchasing Director Pam Jones said that the bid for the <br /> Homestead Community Center was $275,000 and there were no upset bids. Staff is asking <br /> the Board to close this process and accept the bids. <br /> Commissioner Nelson said that the financial impact statement does not track with prior <br /> Board action. He said that the Board directed what should happen to the sale proceeds by a <br /> motion on June 2nd. There was confusion about six weeks ago on this and he thought it was <br /> cleared up. He does not know why the direction that was given is not reflected in the abstract. <br /> He wants to find out what fell through the cracks and he wants a report from the Manager as to <br /> what steps are being taken. <br /> Frank Clifton said that the Board gave direction as to how the money was to be used, <br /> and then an account has to be established because there is not a reserve fund set up. The <br /> money will be directed as the Board indicated, which is 60% to southwest library and 40% to <br /> the schools. <br /> Commissioner Gordon clarified that the 40% was for the older schools. <br /> Pam Jones said that the second portion is the Churton Street properties. The Board <br /> rejected all of the bids received on the 112 and 118 N. Churton Street properties and asked <br /> the staff to get a preservation easement or something similar in place that would preserve the <br /> historical integrity of those two facilities. She talked with the Historic Preservation Foundation <br /> of North Carolina and the proposal is that the attached agreement be executed by the new <br /> buyers of the property. This property will be re-advertised. The agreement in the abstract will <br /> be initiated between the purchaser and the foundation. The foundation requests that there be <br /> a stewardship fee attached to this. It could be assessed against the County or the proceeds. <br /> Staff is proposing that the fee be paid directly by the buyer. The larger property, 112 N. <br /> Churton Street, would have a $7,000 fee attached to it separate from the purchase price. The <br /> smaller property, 118 N. Churton Street, would be $3,000. The foundation would make certain <br /> that the property was kept as a historical property. <br /> Frank Clifton said that one consideration would be to sell the properties as one. <br /> Commissioner Jacobs said that when the County bought this property the seller refused <br /> to subdivide it and building 118 was thrown in. <br /> Commissioner Yuhasz said that there has been interest by someone that might not <br /> want to buy both properties. <br /> Commissioner Nelson agreed with Commissioner Yuhasz and he said, generally <br /> speaking, you get less money if you lump properties together. Commissioner Yuhasz said that <br /> he would like to see the no subdivision provision taken out. He also wants to be sure that, if it <br /> is subdivided, that only the portion of the property that contains the building is subject to the <br /> preservation issue. <br /> PUBLIC COMMENT: <br /> Bonnie Hauser said that Susan Walser asked her to speak tonight because she has a <br /> friend that is interested in buying building 118, which has no parking. Building 112 has 20 <br />