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File #: 16-147   
Type: Resolution (Consent) Status: Passed
File created: 3/18/2016 In control: County Attorney
On agenda: 4/26/2016 Final action: 4/26/2016
Enactment date: 4/26/2016 Enactment #: 2016-104
Title: Commissioner Carpenter - To Approve the Second Amendment to the Option Agreement Between Gaston County and KRM Development Corporation
Sponsors: Joe D. Carpenter
Indexes: Contract, Economic Development
Attachments: 1. Adopted 2016-104, 2. Agreement - KRM Second Amendment Option

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Commissioner Carpenter - To Approve the Second Amendment to the Option Agreement Between Gaston County and KRM Development Corporation

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STAFF CONTACT

Charles Moore - County Attorney - 704.866.3194

BUDGET IMPACT
budget

N/A

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BUDGET ORDINANCE IMPACT

N/A

BACKGROUND

KRM Development Corporation developed the GTP site occupied by Dixon Valve & Coupling.  KRM also acquired an option site adjacent to the Dixon site for a potential spec building.  The Second Amendment to the Option (attached) will extend the time for development of that site (Lot 5).

POLICY IMPACT

N/A

ATTACHMENTS

Second Amendment to Option Agreement