Print
Government

Update: County Approves Purchase Of Property Next To Landfill

By Cece Nunn, posted May 7, 2020
The New Hanover County Board of Commissioners at its May 4 meeting unanimously approved a purchase of land that will allow the expansion of the county landfill

The Environmental Management Department sought approval to buy 8 acres of undeveloped property at 5124 U.S. 421 North, next to the landfill, from Tidewater Transit Company Inc. for $780,000, according to the agenda.

“This property will be used to expand the footprint of the landfill at the southwest corner, with frontage along Highway 421,” an agenda document stated. “This real estate purchase will provide the land necessary to relocate the administrative and maintenance facilities, thereby opening up the land where the existing structures are currently situated so as to allow the construction of future landfill cells for solid waste disposal.”

The asking price was $879,000, but the selling price was negotiated down to $780,000.

“Funds in the amount of $750,000 were included in the adopted budget for fiscal year 2020 for the purchase of real estate,” county officials stated.

The funds were originally budgeted to buy land at the southeast corner of the site, according to the agenda documents, but due diligence showed contaminated soils present on the property.

“The remaining $30,000 in additional funds required are also available in the Environmental Management Fund’s current adopted FY 2020 expenditure budget,” officials stated in the agenda documents. 
Ico insights

INSIGHTS

SPONSORS' CONTENT
Tidewaterinvestmentco merrettemoore headshot

It Is Time To Hit The Road To Find Some Private Company Opportunities

Merrette Moore - Tidewater Investment Company
Billcoleman lopw headshot

Reaping The Benefits Of Patience

Bill Coleman - Live Oak Private Wealth
Dave sweyer 300 x 300

What Type Of Investment Is Best For You? Here Are 6 Reasons That Rental Properties Make A Great Choice.

Dave Sweyer - Sweyer Property Management

Trending News

WMPO Turns Down Cape Fear Toll Bridge Proposal

Christina Haley O'Neal - Jul 28, 2021

Wilmington-based Green Dot Growing HVAC Business Throughout The Carolinas

Christina Haley O'Neal - Jul 29, 2021

Wilmington Startup Pitching At DIG SOUTH Tech Summit This Week

Johanna Cano - Jul 28, 2021

With Wrightsville Beach Presence, Luxury Real Estate Agency Expands Its N.C. Territories

Cece Nunn - Jul 30, 2021

Residential Real Estate Company Opens New Office In Surf City

Cece Nunn - Jul 29, 2021

In The Current Issue

The Muni: 'A Peach Of A Course'

Golf Magazine recently named the Wilmington Municipal Golf Course the best public course in North Carolina and No. 21 of the top 30 municipa...


Affordable Housing Efforts Progress

Local officials and others have taken some steps recently to address the Wilmington area’s affordable housing crisis....


Info Junkie: Michelle Fogle

Fleet Feet Wilmington owner Michelle Fogle's reading recommendations and app picks for running and running her business....

Book On Business

The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100