TITLE
Title
ACCEPTANCE OF GIFT PROPERTY - 221 R2 MOTSINGER STREET
end
SPONSOR
Sponsor
Robert McNiece
BACKGROUND
Background
Hunter & Co of NC, Inc would like to gift to Guilford County land that it owns at 221 R2 Motsinger St in High Point, consisting of 1.38 acres of undeveloped land and Zoned LI (Light Industrial). Hunter & Co of NC Inc is liquidating it's assets and is in the process of going out of business. The property on Motsinger Street is bordered to the North and West by property owned currently by Guilford County. The acceptance of the property gift would make the other parcels the County currently owns more attractive and marketable.
BUDGET IMPACT
Budget Impact
NO ADDITIONAL COUNTY FUNDS REQUIRED
REQUESTED ACTION
Requested Action
Approve the acceptance of the Gift of 221 R2 Motsinger St, High Point,contingent upon successful environmental inspections, and authorize staff to take all reasonable and necessary steps to execute the acceptance of the property.