S.L. 1969-166

1969 SESSION

CHAPTER 166

SENATE BILL 162

AN ACT TO AUTHORIZE THE THOMASVILLE CITY BOARD OF EDUCATION TO ACQUIRE CERTAIN LAND FOR A SCHOOL SITE AND TO AUTHORIZE PURCHASE AND PAYMENT ON AN INSTALLMENT BASIS.

WHEREAS, the Thomasville City Board of Education finds it necessary to acquire certain land which is now located and is available within the corporate limits of the City of Thomasville and it is necessary for financial budgetary reasons to finance the purchase of this land on a deferred payment plan extending over a five- year period from 1969 to 1973, and the description of said land appears in this Act; and

WHEREAS, it is necessary to have legislative authority to carry out this plan, which is also described by the vendors of the property, and this property being highly desirable for the purpose of operating the Thomasville City Schools and for carrying out the constitutional and statutory nine-months term of the public school system; Now, therefore,

The General Assembly of North Carolina do enact:

Section 1. That the Thomasville City Board of Education be, and it is hereby, authorized to purchase the property hereinafter described from Coy Beck for the sum of forty three thousand seven hundred fifty dollars ($43,750.00), and said Thomasville City Board of Education is authorized to pay said Coy Beck at the time of delivery of his deed twelve thousand five hundred dollars ($12,500.00) and the sum of seven thousand eight hundred twelve dollars and fifty cents ($7,812.50) each year for the next four years or the period of 1970 through 1974. The Coy Beck property, which is the subject of this authorization, is described as follows:

BEGINNING at an iron pipe in the northern right-of-way line of Unity Street, James H. Beck's southeast corner, said iron pipe being located 1406.42 feet as measured along the northern right- of-way line of Unity Street from the northeast intersection of Unity Street and Huntsford Terrace. Thence with the northern right-of- way line of Unity Street the following courses and distances: north 72 degrees 17' east 54.06 feet; north 73 degrees 37' east 34.52 feet; north 76 degrees 52' east 52.09 feet; north 80 degrees 58' east 52.09 feet; north 84 degrees 57' east 52.21 feet; north 87 degrees 58' east 27.81 feet to an iron pipe, Thomasville Senior High School's southwest corner. Thence with the school's line north 07 degrees 56' east 915.69 feet to a concrete monument, the school's corner, in the southern right-of-way line of Valley Road (not open) as shown on Plat of Huntsford Hills recorded in the Register of Deeds Office of Davidson County, Plat Book 10, Page 39. Thence with the said right-of-way line south 66 degrees 03' west 335.51 feet to a stone, James H. Beck's northeast corner. Thence with Beck's line south 5 degrees 59' 30" west 827.10 feet to the point of BEGINNING. Containing 5.42 acres.

Sec. 2. The Thomasville City Board of Education is hereby authorized and empowered to purchase from James Beck the property hereinafter described for the sum of ninety three thousand dollars ($93,000.00), and the sum of twenty thousand dollars ($20,000.00) shall be paid upon delivery of the deed to the Thomasville City Board of Education by James Beck and eighteen thousand two hundred fifty dollars ($18,250.00) will be paid to James Beck, his successors or assigns, each year for the next four years or for the period of time from 1970 through 1974. The James Beck property, which is the subject of this transaction, is hereby described as follows:

BEGINNING at an iron pipe in the northern right-of-way line of Unity Street, Wallace Kennedy's southeast corner, said iron pipe being located 581.00 feet, as measured along the northern right-of- way line of Unity Street from the northeast intersection of Unity Street and Huntsford Terrace. Thence with the northern right-of-way line of Unity Street the following courses and distances: south 81 degrees 07' east 248.75 feet; south 82 degrees 24' east 49.99 feet, south 84 degrees 58' east 49.98 feet; south 87 degrees 32' east 49.99 feet; north 89 degrees 54' east 49.98 feet, north 87 degrees 20' east 49.99 feet; north 86 degrees 46' east 49.98 feet; north 82 degrees 12' east 49.99 feet, north 79 degrees 38' east 49.98 feet; north 77 degrees 04' east 49.99 feet; north 74 degrees 30' east 49.98 feet; north 72 degrees 45' east 18.07 feet; north 72 degrees 17' east 58.75 feet to an iron pipe in said right-of-way line, and being Coy E. Beck's southwest corner. Thence with Beck's line north 5 degrees 59' 30" east 827.10 feet to a stone in the southern right- of-way line of Valley Road, (not open) as shown on Plat of Huntsford Hills, recorded in the Register of Deeds Office of Davidson County, Plat Book 10, Page 39. Thence with said right-of-way line and Finch and Ragan's line; south 63 degrees 27' west 393.76 feet to an iron pipe, Mrs. Katie Burton's corner. Thence with Burton's line north 86 degrees 12' west 454.27 feet to an iron pipe, Katie Burton's corner. Thence with Burton and Kennedy's line south 07 degrees 45' west 702.16 feet to the point of BEGINNING; Containing 13.63 acres.

Sec. 3. The Thomasville City Board of Education is further authorized to execute any and all documents, mortgages, instruments of security, or other necessary legal documents to complete this transaction, including the execution of the necessary promissory notes, and to do any and all things necessary to carry out the purchase of the property above described.

Sec. 4. All laws and clauses of laws in conflict with the provisions of this Act are hereby repealed.

Sec. 5. This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 3rd day of April, 1969.