Board of Education
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Charlotte-Mecklenburg Board of Education
Agenda Item

Meeting Date
September 27, 2016

Agenda Item Title
Recommend Approval for Resolution Approving Revised Offer for Property Previously Declared Surplus Adjacent to Ballantyne Elementary School

Staff Present

Carol Stamper, Chief Operating Officer

Peggy Hey, Executive Director of Facility Planning and Management


Main Points
  • ​CMBE owns property in vicinity of Ballantyne Elementary School as described on the attached resolution.
  • Property was previously declared surplus and approved to sell property in accordance with procedures outlined in G.S. 160A-269 (negotiated offer, advertisement, upset bid).
  • Proposed buyer has requested a price reduction to cover the costs of unforeseen development expenses from $6,000,000 as previously approved to $5,800,000.


Fiscal Implications
Proceeds to be received by Board of Education if sale is finalized.

Agenda Item Type
consent items

Recommend approval for Resolution approving revised offer for property previously declared surplus adjacent to Ballantyne Elementary School.