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HomeMy WebLinkAboutAgenda - 05-04-1992ORANGE COUNTY BOARD OF COMMISSIONERS AGENDA BOARD OF EQUALIZATION AND REVIEW TO HEAR APPEALS - OLD COUNTY COURTHOUSE, HILLSBOROUGH - 6:00 P.M. ORANGE COUNTY HOUSING AUTHORITY - OLD COUNTY COURTHOUSE, HILLSBOROUGH - 7:25 P.M. REGULAR MEETING NOTE.: BACKGROUND MATERIAL MONDAY, MAY 4, 1992 ON ALL ABSTRACTS 7:30 P.M. AVAILABLE IN THE OLD COUNTY COURTHOUSE CLERK'S OFFICE. HILLSBOROUGH, NC NOTICE TO PEOPLE WITH IMPAIRED HEARING: Audio amplification equipment is available on request. If you need this assistance, please call the County Clerk's Office at 732 --8181 or 968 -4501. I. ADDITIONS OR CHANGES TO THE AGENDA II. AUDIENCE COMMENTS A. Matters on the Printed Agenda (We would appreciate you signing the pad ahead of time so that you are not overlooked.) B. Matters not on the Printed Agenda PUBLIC CHARGE The Board of Commissioners pledges to the citizens of Orange County its respect. The Board asks its citizens to conduct themselves in a respectful, courteous manner, both with the Board and with fellow citizens. At any time should any member of the Board or any citizen fail to observe this public charge, the Chair will ask the offending person to leave the meeting until that individual regains personal control. Should decorum fail to be restored, the Chair will recess the meeting until such time that a genuine commitment to this public charge is observed. III. ITEMS FOR DECISION -- CONSENT AGENDA (Any item may be removed for separate consideration) A. Tax Refund Requests IV. RESOLUTIONS PROCLAMATIONS A. Proclamation of the Week of May 3 -9, 1992, as Orange County Clerk to the Board of Commissioners Week B. EMS Week Proclamation C. National Historic Preservation Week V. SPECIAL PRESENTATIONS VI. PUBLIC HEARINGS A. Proposed 1992 -93 Secondary Roads Improvement Program and a Decision B. 1992 -97 Capital Improvement Plan C. Proposed School Impact Fees D. Eno Mountain Road Closing and a Decision E. Efland CDBG Application and a Decision VII. REPORTS A. Jail Inspection Report B. Triangle Fixed Guideway Study C. Wastewater Treatment Systems Management- - Monitoring and Maintenance Assurance Program VIII. ITEMS FOR DECISION -- REGULAR AGENDA A. 1992 -97 Capital Improvement Plan (Discussion) B. Advertisement - -May 26, 1992 Public Hearing C. Petition for Right -of -Way Abandonment -- Wolf's Pond Subdivision D. Red Wolf at Piney Mountain -- Preliminary Subdivision Plan IX. BOARD COMMENTS X. COUNTY MANAGER'S REPORT XI. APPOINTMENTS XII. MINUTES XIII. EXECUTIVE SESSION XIV. ADJOURNMENT ( *) Indicates items that need immediate attention. r APPROVED 6129192 MINUTES BOARD OF EQUALIZATION AND REVIEW MAY 4, 1992 The Orange County Board of Commissioners met as the Board of Equalization and Review at 7:00 p.m. on Monday, May 4, 1992 in Superior Courtroom, new County Courthouse in Hillsborough, North Carolina. COUNTY COMMISSIONERS PRESENT: Chair Moses Carey, Jr., and Commissioners Alice M. Gordon and Don Willhoit. COUNTY ATTORNEY PRESENT: Geoffrey Gledhill STAFF PRESENT: County Manager John M. Link, Jr., Assistant Manager Rod Visser, Deputy Clerk to the Board Kathy Baker, Clerk to the Board Beverly A. Blythe, Tax Assessor Kermit Lloyd, Chief Appraiser John Smith, and Real Property Appraiser Donald Tapp. OATH OF OFFICE Clerk to the Board Beverly Blythe administered the oath of office to Chair Carey and Commissioners Gordon and Willhoit. CHAIR PERSON CHOSEN Motion was made by Commissioner Gordon, seconded by Commissioner Willhoit to appoint Chair Carey as chair of the Board of Equalization and Review. VOTE: UNANIMOUS PRESENTATION OF APPEALS Two appeals have been received. One from Michael N. Thompson, Merryland Investment Co., and the other from Lawrence Karmiol. Mr. Karmiol stated that the $173,000 assessed value of his condominium unit is assessed over the true market value. He purchased the unit in 1986. No other units sold at that time. A 1990 appraisal by a realtor lists a duplicate "C" unit for sale at $140,000 which did not sell. It is presently listed at $139,900 but can be purchased for less. A proposed similar structure lists a 2- bedroom, 2 -bath unit for $126,000. Therefore, he is asking that his assessed value be reduced to $138,000. Kermit Lloyd indicated that Mr. Karmiol has not presented any information that would prove that this appraisal is different from others in the same category. The General Statutes 105 -287 does not allow this type of adjustment to be made in a year in which a general reappraisal or horizontal adjustment of real property in the county is not made. The valuation cannot be changed except for a unique circumstance that other property in this same category don't share. Based on 1986 sales and evaluation at that time, the value is correct. Prices have decreased since that time but there is nothing unique about this property as compared with other like properties. NO ACTION WAS TAKEN BY THE BOARD OF E & R. Michael N. Thompson stated that Merryland Investment Company appeals the valuation of $6,790,629 for the Timber Hollows Apartments. They purchased this property in August, 1991 for $6,100,000 through Resolute Trust. The tax valuation represents a lot increase. Kermit Lloyd explained that the same General Statute stated above ®y r applies in this situation. Purchasing the property at an auction does not make it unique or different. NO ACTION WAS TAKEN BY THE BOARD OF E & R. Kermit Lloyd will give the Board of County Commissioners a written report on condo conversions. That report is made a part of these minutes by reference. Since no other appeals were received, Chair Carey adjourned the Board of E & R. Moses Carey, Jr., Chair Beverly A. Blythe, Clerk Q- . 40 ORANGE COUNTY COMMISSIONERS P.O. Box 8181 HILLSBOROUGH, N.C. 27278 Moses Carey, Jr. Alice M. Gordon Stephen H. Halkiotis Verla C, Insko Don Willhoit OATH FOR THE BOARD OF EQUALIZATION AND REVIEW 732 -8181 968 -4501 688 -7331 227 -2031 644 -3004 (Fax) I, Moses Carey, Jr. do solemnly affirm that I will support and maintain the Constitution and laws of the United States, and the Constitution and laws of North Carolina not inconsistent therewith, and that I will faithfully discharge the duties of my office as a member of the Board of Equalization and Review of Orange County, North Carolina, and that I will not allow my actions as a member of the Board of Equalization and Review to be influenced by personal or political friendships or obligations, so help me God. Sworn to me and subscribed, this the 4th day of May, 1992. Notary Public My Commission Expires 11 -7 -93 YOU COUNT IN ORANGE COUNTY 1 (D i n _ _� ORANGE COUNTY COMMISSIONERS P.O. Box 8181 HILLSBOROUGH, N.C. 27278 Moses Carey, Jr. Alice M. Gordon Stephen H. Halkiotis Verla C. Insko Don Willhoit OATH FOR THE BOARD OF EQUALIZATION AND REVIEW 732.8181 968 -4501 688 -7331 227 -2031 644 -3004 (Fax) I, Don Willhoit, do solemnly affirm that I will support and maintain the Constitution and laws of the United States, and the Constitution and laws of North Carolina not inconsistent therewith, and that I will faithfully discharge the duties of my office as a member of the Board of Equalization and Review of Orange County, North Carolina, and that I will not allow my actions as a member of the Board of Equalization and Review to be influenced by personal or political friendships or obligations, so help me God. Don Willhoit Sworn to me and subscribed, this the 4th day of May, 1992. Notary Puc/lic My Commission Expires 11 -7 -93 YOU COUNT IN ORANGE COUNTY 1 0 L" k Lu& Z! Don Willhoit Sworn to me and subscribed, this the 4th day of May, 1992. Notary Puc/lic My Commission Expires 11 -7 -93 YOU COUNT IN ORANGE COUNTY 1 0 ORANGE COUNTY COMMISSIONERS P.O. Box 8181 HILLSBOROUGH, N.C, 27278 Moses Carey, Jr. Alice M. Gordon Stephen H. Halkiotis Verla C. Insko Don Willhoit OATH FOR THE BOARD OF EQUALIZATION AND REVIEW 732 -8181 968 -4501 688 -7331 227 -2031 644 -3004 (Fax) I, Alice M. Gordon, do solemnly affirm that I will support and maintain the Constitution and laws of the United States, and the Constitution and laws of North Carolina not inconsistent therewith, and that I will faithfully discharge the duties of my office as a member of the Board of Equalization and Review of Orange County, North Carolina,. and that I will not allow my actions as a member of the Board of Equalization and Review to be influenced by personal or political friendships or obligations, so help me God. Alice M. Gordon Sworn to me and subscribed, this the 4th day of May, 1992 10APPM7, " " P ON% Notary Public My Commission Expires 11 -7 -93 YOU COUNT IN ORANGE COUNTY I @ AGENDA BOARD OF EQUALIZATION AND REVIEW May 4, 1992 6:00 The Board Members will take the oath and be sworn in by the Clerk to the County Commissioners and convene the 1992 Board of Equalization and Review 6:05 The Board.will hear appeals of anyone protesting their 1992 real property values. 7:00 If all appeals have been heard and there is no other business, the Board will adjourn the 1992 Board of Equalization and Review. If all business is not completed, the Board will decide the time and place for the next meeting. ORANGE COUNTY TAX SUPERVISOR'S OFFICE 208 SOUTH CAMERON S1 "REET HILLSBOROUGH, NORTH CAROLINA 27278 KERMIT LLOYD Tax supemuor April 22, 1992 Michael N. Thompson Merryland Investment Co. Inc. P.O. Box 1417 Augusta, Georgia 30903 Dear Mr. Thompson: The 1992 Board of Equalization and Review will be hearing your appeal May 4, 1992. The meeting will begin at 6:00 pm and will be held in the second floor of the Old Courthouse located on Churton Street in Hillsborough, NC. Enclosed you will find a map showing Orange County government locations. The Board of Equalization and Review will be meeting in location number 4. If you need any assistance or directions please contact me at (919)732 -8181 extension 2102. Sincerely, John Smith, Chief Appraiser MERRY IAND & INVESTMENT COMPANY, INC. Post Office Sox 1417 Augusta Ga 30903 (404) 722 -6756 March 17, 1992 Mr. John Smith, Chief Appraiser Orange County Tax Supervisor's Office 208 South Cameron Street Hillsborough, North Carolina 27278 Re: Timber Hollows Apartments - Tax Appeal (Map & Parcel # 7.29 3G) Dear Mr. Smith, Pursuant to our telephone conversation today, please find enclosed the closing statement on the purchase of the Timber Hollows Apartments. As we discussed, our company feels that the best indication of value is the recent sale of this property in August of 1991. Therefore, we would like to appeal the valuation of $6,790,629 in an effort to reduce our tax cost on this asset. Thank you for your cooperation, and I will wait to hear from you in regard to our appeal date. Yours U ;1 N. Thompson Land & Investment Company, Inc. Enclosure CLOSING STATEMENT SELLER: GSC Housing Corporation PURCHASER: Merry Land & Investment Company, Inc. ESCROW AGENT: Chicago Title Insurance Company EFFECTIVE DATE: August 8, 1991 PROPERTY: Timber Hollows Apartments, Chapel Hill, North Carolina Purchase Price Seller Charges: Guaranty Federal Savings Bank United Properties Co. John M. Bollinger Documentary Stamps Recording Deed /Cancellations(Est.) Taxes - 1/1- 8/7/91(.6 X .8 X $128,085) Security Deposits Prepaid Rents Accrued Expenses Estimated Clubhouse Repairs Total Seller Charges: Net: Seller Credits: Prepaid Expenses Total Seller Credits: Net Proceeds to Seller: $6,100,000.00 $5,696,743.90 $ 68,000.00 $ 68,000.00 $ 12,200.00 $ 50.00 $ 61,480.00 $ 37,375.00 $ 55,685.26 $ 662.84 $ 99,803.00 $6,100,000.00 $ -0- Page 1 of_3 $ -0- -0- -0- $ -0- QM MERRY LAND & INVESTMENT COMPANY, INC. Post Office Box 1417 Augusta Ga 30903 )404) 722 -6756 March 10, 1992 Mr. Kermit Lloyd Tax Supervisor Orange County Tax Supervisor's Office 208 South Cameron Street Hillsborough, North Carolina 27278 Re: Timber Hollows Apartments - Tax Appeal (Map & Parcel # 7.29 3G) Dear Mr. Lloyd, Please find enclosed copies of correspondence between our firm and Mr. John Smith, Chief Appraiser for Orange County. I have spoken with Mr. Smith in regard to his letter to Ron Benton of Merry Land. Mr. Smith advised me that if we were not satisfied with the assessment of $6,790,629 that the next step would be for Merry Land to appeal to your office. Please accept this letter as our request to appeal the assessment to the Tax Appeal Board. Representatives of our firm would like to meet with the Board to explain our appeal. If you need any additional information or if we need to do anything further in order to make our appeal, please let me know. I will wait to hear from you in regard to scheduling a time for our appeal. Your cooperation is appreciated. Yours Truly, i .0 rry ael N. Thompson Land & Investment Company, Inc. Enclosures ORANGE COUNTY TAX SUPERVISOR'S OFFICE 208 S( uiii CANIEPON SIRE-LT HILLSBOROUGH, NORTH CAROLINA 27278 KF:K%11 "r LI.0N'D ix .S+r��rmhnr February 27, 1992 Merry Land Post Office Box 1417 Augusta, GA 30903 Dear Mr. Benton: Thank you for your letter of February 25th relating to the Timber Hollow Apartments, located in Chapel Hill, N.C., and your desire to appeal. As a result of your letter I have made a thorough review of your property which was purchased in August 1991 for 6,100,000 through Resolute Trust. This review of market data and income /expense data supplied by your company, the previous owners, and other appraisers indicates there exists, in my opinion, sufficient data to support an assessment of 6,790,629. We have made this adjustment for 1992. If you have additional information you would like me to consider or if you or a representative would like to discuss this further please do not hesitate to contact me. My number is (919) 732 --8181 ext 2102. Sincerely, John Smith, Chief Appraiser La IBM • U— 55 ft ► ' & 1NVESTM ENT COMP ANY, INC. Post Office 8ux 1417 Augusta Ga 30903 (404( 722.6756 Mr. John Smith Orange Co Tax Collector P.O. Box 8181 Hillsborough, NC 27278 Dear Mr. Smith: February 25, 1992 Let this letter serve as notice that we are appealing the tax value of Timber Hollows Apartments located in Orange County and owned by Merry Land & Investment Company. Map & Parcel Street Address Current Value Requested Value Number 7.29.3G 107 Timber Hollow Court $6,973,782 $6,100,000 We will provide you with information about the above calculations at your request. Thank you for your attention in this matter. Sincerely, Ronald J. Benton Controller ri 1105 -287 TIME FOR LISTING AND APPRAISING PROPERTY §105 -287 § 105 -287. Changing appraised value of real prop- erty in years in which general reap- praisal or horizontal adjustment is not made. (a) In a year in which a general reappraisal or horizontal adjust- ment of real property in the county is not made, the assessor shall increase or decrease the appraised value of real property, as deter- mined under G.S. 105 -286, to: (1) Correct a clerical or mathematical error; (2) Correct an appraisal error resulting from a misapplication of the schedules, standards, and rules used in the county's most recent general reappraisal or horizontal adjustment; or (3) Recognize an increase or decrease in the value of the prop- erty resulting from a factor other than one listed in subsec- tion (b). (b) In a year in which a general reappraisal or horizontal adjust- ment of real property in the county is not made, the assessor may not increase or decrease the appraised value of real property, as determined under G.S. 105 -286, to recognize a change in value caused by: (1) Normal, physical depreciation of improvements; (2) Inflation, deflation, or other economic changes affecting the county in general; or (3) Betterments to the property made by: a. Repainting buildings or other structures; b. Terracing or other methods of soil conservation; c. Landscape gardening; d. Protecting forests against fire; or e. Impounding water on marshland for non - commercial purposes to preserve or enhance the natural habitat of wildlife. (c) An increase or decrease in the appraised value of real prop- erty authorized by this section shall be made in accordance with the schedules, standards, and rules used in the county's most recent general reappraisal or horizontal adjustment. An increase or de- crease in appraised value made under this section is effective as of January 1 of the year in which it is made and is not retroactive. This section does not modify or restrict the provisions of G.S. 105 -312 concerning the appraisal of discovered property. (d) Notwithstanding subsection. (a), if a tract of land has been subdivided into lots and more than five acres of the tract remain unsold by the owner of the tract, the assessor may appraise the unsold portion as land acreage rather than as lots. A tract is consid- ered subdivided into lots when the lots are located on streets laid out and open for travel and the lots have been sold or offered for sale as lots since the last appraisal of the property. (1939, c. 310, ss. 301, 500; 1953, c. 970, s. 5; 1955, c. 901; c- 1100, s. 2; 1959, c. 682; c. 704, s. 2; 1963, c. 414; 1967, c. 892, s. 7; 1969, c. 945, s. 1; 1971, c. 806, s. 1; 1973, c. 695, s. 10; c. 790, s. 2; 1987, c. 655.) 77' ORANGE COUNTY TAX SUPERVISOR'S OFFICE 208 SOUTH CAMERON STREET HILLSBOROUGH. NORTH CAROLINA 27278 KERMIT LLOYD 'Tax SuPenuor April 22, 1992 Lawrence Karmiol 620 Airport Road #402 Chapel Hill, NC 27514 Dear Mr. Karmiol: The 1992 Board of Equalization and Review will be hearing your appeal May 4, 1992. The meeting will begin at 6:00 pm and will be held in the second floor of the Old Courthouse located on Churton Street in Hillsborough, NC. Enclosed you will find a map showing Orange County government locations. The Board of Equalization and Review will be meeting in location number 4. If you need any assistance or directions please contact me at (919)732 -8181 extension 2102. Sincerely, John Smith, Chief Appraiser ORANGE COUNTY VALUATION APPEAL FORM Based on the data here submitted I request to appeal the valuation of the following property: Owners Name: A L �7 /aG Property Address: a Do you have information about your property that the Tax Department may not have that would affect its value? " If yes, what? NOTE: Should you have problems such as non - buildable property or non - perking property, documentation from the local jurisdiction must be presented with this appeal. In this case it is not necessary to proceed with attached forms. Simply attach proper documentation with your signature below and return to address below. (Owner's Signature) (Date) ? /_ y YzrJ/ y1�77 (Daytime Phone) Return this form to the following address: Orange County Assessor Valuation Review P.O. Box 8181 Hillsborough, NC 27278 1' TI1tS SECTION IS TO BE COMPLETED BY THE OWNER /AGENT NAME Mr. Maw. tea. L4k11:1XGF k�IQ�*! /pG Telephone OWNER t/ AGENT- ATTORNEY REALTOR APPRAISER OTHER PROPERTY ADDRESS ��� /%�i Pd/•'% �OL� Cy/�� L ��LG /t%C Z7-r-/y PARCEL IDENTIFICATION Tom. Mat. Block Lot %- i f- 7 %7 Z r3 ,,9 7- (;*- ASSESSMENT Land Bldgs. Total 17-7 7 WHAT IS THE NATURE OF YOUR COMPLAINT? V/y k y� /�!yl /iS f is a 47V.4 � -'/ vim iy/f '�c�T ✓� G v� -- - - DOES THIS APPLY TO LAND? OR BUILDING? BOTH? OPINION OF VALUE: THE STATE LAW REQUIRES THAT WE APPRAISE PROPERTY AT ITS TRUE MARKET VALUE AS OF THE EFFECTIVE DATE OF THE REVALUATION, WHICH WAS JANUARY 1, 1987. WHAT DO YOU FEEL THIS PROPERTY WAS WORTH ON THIS DATE? UPON WHAT DO YOU BASE YOUR OPINION? JUDGEMENT ONLY MO. /YR. $ COMPARABLE SALE $ ASKING PRICE $ REALTOR 137 HOW LONG ON MARKET d. ' A( OFFERED PRICE $ APPRAISAL. PURPOSE APPRAISERS NAME PROPERTY DATA PRESENT USE ZONING BLDG AGE 5r MARKET & COST DATA DATE ACQUIRED LAND ONLY LAND & BLDG. AMOUNT OF LAND SALE PRICE $ OPEN MARKET SALE FAMILY TRANSFER OTHER PRICE INCLUDED PERSONAL PROPERTY DESCRIPTION DATE COMPLETED $ ACQUIRED PROPERTY AS IS $ DEMOLITION $ ERECTED NEW BLDG. $ ADDITION $ REMODELED $ OTHER $ TOTAL INVESTMENT $ COMPARABLES 1. DATE PRICE $ 2. DATE PRICE $ DATE PRICE $ 3. INCOME /EXPENSE DATA: THIS APPLIES TO INCOME PRODUCING PROPERTY ONLY. IF YOUR PROPERTY FALLS INTO THIS CATEGORY, ATTACH THREE (3) YEARS OF INCOME AND EXPENSE INFORMATION. (KEEP IN MIND THE INFORMATION MUST BE RELAVENT TO THE 1987 REVALUATION.) REQUEST FOR HEARING OE APPEAL TO THE ORANGE COUNTY BOARD OF EQUALIZATION AND REVIEW I request a hearing before the Orange County Board of Equalization and Review to appeal the valuation of the following property: Owners Name: Parcel Number: Property Address: r7 Xl"_ �T f7'� �%�� CJH/1O6L i� /� ! ✓c z�r "f I believe the fair market value for this property is OWNER'S SUPPORTING INFORMATION (Use additional sheets as necessary and include copies of any documents that'support your case. For income - producing property, be sure to submit three years of income and expense information) . Upon what do you base your opinion of value? I purchased the unit in 1G86 from the developer in his first marketing attempt. No other units sold sold qt that ti_mP. A 1990 appraisal by a realator lists a duplicate "C" unit for sale at $140,000 and still it did not _ap.i1- Tt is presently listed at $139,900, but it can be purchased for less. A proposed similar s_truct ire lists a 2 hp-droom, 2 bath unit for $126,000. Therefore I feel my unit should have the assessed value reduced a verify the above. Do you have information about your property that the Tax Department may not have, that would affect its value? LV_e If yes, what? Owner's Signature) (Date) Return this form to the following address: 9/9- 9vz -yyzy (Daytime Phone) Orange County Board of Equalization and Review P.O. Box 8181 Hillsborough, NC 27278 T H E C H A P E L H I L L PRICE LIST �99� Unit _ 1 -or -Ean_ _ Price 101 D 127,750 201 D 129,750 yv y Is A � � „��� � 1391900 303 B 131,900 304 D 129,750 403 B 133,900 501 A 155,500 503 B 135,900 504 A 158,500 601 Penthouse 225,000 602 Penthouse 235,000 620 Airport Road, Chapel Hill, North Carolina 27514 (800) 447 -6986 (919) 932 -1466 Cl311 W. Rosemary Street Eunice 1BI®ck Gables pp • A S S O C I ATE S & Home: 919/942 -5335 jResidential and Commercial Real Estate Sales ..Price Summary JWLS FEALTOe 9/12/90 Appraisal ## Plan Price Value Comments 101 A $125,000 $146,500 Pool View — Mildew Condition 201 A $130,000 $1487500 Pool View — Sample 302 C $140,000. $160,000 Previously Rented Floor Repairs y,di T 303 B $135,000 $147,500 Previously Rented 304 D $140,000 $148,500 Previous Model Reqiures New Carpet 403 B $140,000 $147,500 Previously Rented 501 A $145,000 $148,500 Upfi t 503 B $145,000 $147,500 Upfi t 504 D $150,000 $14$,500 New Model 601 Penthouse $215,000 $245,000 Large Two Bedroom ry 602 Penthouse $225,000 $250,000 Kronhaus Rental Prospect Cl311 W. Rosemary Street Eunice 1BI®ck Chapel Hill North Carolina 27516 pp • A S S O C I ATE S & Home: 919/942 -5335 jResidential and Commercial Real Estate LUCY de MONCHAUX, GRI JWLS FEALTOe I Do You Want To Live In The Heart Of Chapel Hill? THE FOUNTAINS 308 West Rosemary Street Enjoy the vitality and convenience of living one block off Franklin Street and two blocks from campus. The residential units are designed to be spacious and airy with 9' ceilings and many windows. Fourth Floor Penthouses 3 Bedrooms, 2 Baths $189,000 hird Floor Kesidences 2 e rooms, 2 Bat s 726,000 Call us today to reserve your unit. Construction begins this Spring. Eum"Ce Brock &•ASSOCIATES Residential and Commercial Real Estate OFFICE 933 -8500 311 W. Rosemary Street Tony Nall 929.1441 Ruth Williams, cw 967.4937 (H�( Mary Pears* 942.8456 (H�( Martina Slaughter 932.1993 IWO Brock, cgs, cai 929 -1032