120417 Project New WorldClosed Session I– Project New World— December 4, 2017
At 8:07 p.m., the Board convened closed session in order to discuss matters relating to the
location or expansion of industries or other businesses in the area served by the public body,
including agreement on a tentative list of economic development incentives that may be offered
by the public body in negotiations [NCGS 143-318.11(a)(4)] and to instruct the public body's
staff or negotiating agents concerning the position to be taken by or on behalf of the public body
in negotiating the price and other material terms of a contract or proposed contract for the
acquisition of real property by purchase, option, exchange, or lease, pursuant to [N.C.G.S.143-
318.11(a)(5)(i)]. Commissioners Allen, Frye, Haywood, Kidd and McDowell were present. Also
present were County Manager Hal Johnson; Assistant County Manager/Finance Officer Will
Massie; County Attorney Ben Morgan; Associate County Attorney Aimee Scotton; and Clerk to
the Board Amanda Varner.
County Manager Hal Johnson explained that the Greensboro -Randolph Megasite Foundation
has requested that the County purchase parcel 8717687310 (995 in which they hold an option to
purchase). Commissioner Frye said the approximate price he had heard quoted was around
$3,412,500. Mr. Johnson said the Foundation would also be giving the County parcels
8708706808, 8708727822, 8708812608, 8708718522, and 8708716649 (that they currently
own). As stated in a prior closed session, a potential client provided a site design which is a
rectangle in shape and parcel 8717687310 is the additional land that the Foundation has the
option on (non-refundable deposit) that will complete the required site dimensions, if the client
selects this site.
A1 73 11
53 '69 14
66
' 15 13
75
78
77 76
59 55A
Legend
Megasite Boundar
County Owned Prc
GRMF Owned Pro
NCRR Owned Pro;
Under Contract / N
Under Contract / G
0 F DO ;
93 12A 3
94 52 24 23
7B
6
6
67C 7A
67D 67B 63
18
19
7A 20
964 92
4
6 1 65
---- 42 -- -- 10
95 jam— as —zi
101
103
105
106
100
12/04/2017
Summary of properties
Property identifier Parcel # Acreage
459
8708706808
1.31
#75
8708727822
3.40
#76
8708812608
22.27
#77
8708718522
1.00
#78
8708716649
1.43
29.41
#95
8717687310
110.62 option to purchase
Total
140.03
Chairman Allen said there is a timeframe and deadline on the option. Commissioner Frye and
Attorney Aimee Scotton explained that the closing on the option cannot take place sooner than
January 2nd or later than 30 days after the expiration of the due diligence process. A public
hearing to authorize the purchase can take place prior to January 2nd
After discussion, the consensus of the Board was to move forward with the process to
consider the purchase of the property. A public hearing is required for any purchase of land and
one will be set soon.
At 9:19 p.m., closed session ended on this topic.
David Allen, Chairman
Stan Haywood
Maxton McDowell
Darrell L. Frye
Kenny Kidd
Amanda Varner, Clerk to the Board
12/04/2017