NOTICE OF HEARING TO CONSIDER SALE OF REAL ESTATE FOR ECONOMIC DEVELOPMENT
Last updated 1/4/2021 at 4:31pm
NOTICE OF HEARING
PURSUANT TO G.S. SECTION 158-7.1(D)
TO CONSIDER SALE OF REAL ESTATE FOR ECONOMIC DEVELOPMENT
All interested persons please take notice that the City Council for the City of Brevard, North Carolina, intends to sell certain real estate following a Public Hearing which is scheduled for Tuesday, January 19, 2021, at 5:30 PM, in the Chambers of the Transylvania County Commissioners located at 101 South Broad Street, Brevard, NC.
The terms of the proposed sale include the following:
Property to be sold: Approximately 2.933 acres, the same being all of the real estate described in that certain deed from North Broad Street Brevard, LLC (Grantor) to the City of Brevard (Grantee), recorded on August 7, 2020, in Document Book 933, page 457. This sale is subject to certain rights to repurchase the same.
Name of Buyer:
OW SERVICES, LLC.
Sale Price/Value/ Consideration to be paid: $2,450,000.00.
Closing is contingent upon appropriate rezoning for the following use: Construction and Operation of a full-service Hotel with eighty (80) or more rooms for rent.
This the 4th day of January, 2021.