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7 <br /> Positive characteristics according to the criteria are as follows: <br /> 1. The site meets the criteria points of location, visibility and access; <br /> 2. The site is in downtown Carrboro; <br /> 3. The site conditions are topographically ideal and seem to be able to carry the structural loads of a <br /> Southern Branch Library and required surface parking; <br /> 4. The facility is zoned appropriately for a library; however a CUP process would be required; <br /> 5. Land acquisition costs are roughly equivalent to Brewer Lane given the more expensive <br /> structured parking at Brewer Lane and surface parking on this site. <br /> Challenging characteristics according to the criteria are as follows: <br /> 1. The assembly of the five parcels is necessary for the site to work as a library; this is challenging <br /> and largely unknown at this point; <br /> 2. Required deconstruction costs would add to the total project cost of the project <br /> 3. Given the size of the parcel(s), expansion to accommodate future library space or space for <br /> alternative uses, will not be practical. <br /> Staff recommendation: <br /> Staff should continue performing due diligence work. A decision point after the completion of preliminary <br /> due diligence may be to engage with a real estate broker to assemble the properties under an option to <br /> purchase structure. <br />