Agenda - 06-22-1998 - 9f - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS Action Agenda Item No. 9-,E' ACTION AGENDA ITEM ABSTRACT Meeting Date: June 22, 1998 SUBJECT: Disposition of Chapel Hill-Carrboro City Schools Property DEPARTMENT: Manager's Office PUBLIC HEARING: (Y/N) BUDGET AMENDMENT: (Y/N) Nii'r` ~- ATTACHMENT(S): 5/21/98 CHCCS Attorney Letter to BOCC 3/25/98 CHCCS Attorney Memo NCGS § 115C-518 INFORMATION CONTACT: Rod Visser, Assistant County Manager TELEPHONE NUMBERS: - -ext. 2300 Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 227-2031 PURPOSE: To consider an offer from the Chapel Hill-Carrboro City Board of Education for the County to acquire real property no longer needed for school purposes. BACKGROUND: The Chapel Hill-Carrboro City Schools (CHCCS) own a 738 square foot house in Jackson, Mississippi valued at $25,580. CHCCS have determined that the property is no longer needed for school purposes and would like to dispose of it. North Carolina law requires the board of education to first offer the property to Orange County "at a fair market price or at a price negotiated between the two boards". If the Orange County Commissioners decline to acquire the property, CHCCS would be free to dispose of the property in accordance with the provisions outlined in NCGS § 115C-518. The Manager, Attorney, and staff have discussed the pros and cons of accepting this site. There is no ready use to which the property could be put in furtherance of the Board of Commissioners' goals and policies. If the property were obtained at a nominal price, the County could presumably sell it and receive the proceeds as general revenue (note that the offer from CHCCS does not state a proposed sale price). However, if the property were to be acquired from CHCCS at or near its stated market value, there would likely be no financial gain (and perhaps a financial loss) to the County from a subsequent resale of the property. Additionally, the acquisition of the property would require staff and attorney time to handle all legal and administrative procedures associated with obtaining the property from the school system, and then presumably the subsequent iesale of the property. The County has no independent assessment of the quality of the property, its marketability, or any liabilities/liens/restrictions that may be involved with this property. RECOMMENDATION(S): As the Board decides.