HomeMy WebLinkAboutAgenda - 10-03-2022; 8-f - Grant of an Easement to the North Carolina Department of Transportation (NCDOT) Related to the I-40 - I-85 Widening Project 1
ORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: October 3, 2022
Action Agenda
Item No. 8-f
SUBJECT: Grant of an Easement to the North Carolina Department of Transportation
(NCDOT) Related to the 1-40/1-85 Widening Project
DEPARTMENT: Asset Management Services
ATTACHMENT(S): INFORMATION CONTACT:
Plat John Roberts, County Attorney, 245-
2318
PURPOSE: To authorize the sale of an easement to NCDOT to assist in the widening of 1-40/1-
85.
BACKGROUND: Orange County holds title to the parcel of property on which Cedar Ridge
High School is located. Orange County originally took title to this property as part of a financing
arrangement. NCDOT is seeking an easement across an unused portion of the property for its
interstate widening project. NCDOT is offering $1,400 for the .065 acre easement area shown
on the attached plat. At its September 12, 2022 business meeting, the Orange County Board of
Education indicated its support for the sale and transfer of the easement from Orange County to
NCDOT with the understanding the $1,400 will be transferred to Orange County Schools.
Orange County's Bond Counsel and the Chief Financial Officer indicate the Cedar Ridge High
School property is no longer collateralized, and at a later date, staff will recommend the property
be transferred back to Orange County Schools.
FINANCIAL IMPACT: There is no financial impact associated with this item. The $1 ,400 sale
price will be transferred to the Orange County School District.
SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact associated
with this item.
ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal
impact associated with this item.
RECOMMENDATION(S): The Manager recommends the Board authorize the Asset
Management Services Department to prepare or review all necessary documentation to
complete this transaction and authorize the Chair to execute the easement and other required
documents.
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