The Alleghany County Board of Commissioners met in special session on Friday, December 30, 2005, at 10:00am in the Conference Room of the County Office Building, 90 South Main Street, Sparta, North Carolina. The purpose of this meeting is to formally approve the sale of real property located at 308 Memorial Park Drive, Sparta, North Carolina to Charleston Forge, Inc. in accordance with an incentive agreement approved on June 22, 2005.

Present: Chair Eldon Edwards, Vice-Chair Warren Taylor, Commissioner Graylen Blevins, Commissioner Sandy Carter Herndon, Commissioner Ken Richardson, County Attorney Donna Shumate and County Manager Don Adams. Clerk to the Board Karen Evans was absent.

Chair Eldon Edwards called the meeting to order.

County Manager Don Adams explained that the purpose of this meeting is to give the staff permission to sign the paperwork necessary in order to transfer the property located at 308 Memorial Park Drive industrial facility currently occupied by Charleston Forge. He stated that the transfer of the property is in accordance with the incentive agreement that the Board passed on June 22, 2005. He reviewed the terms of the incentive agreement.

Commissioner Ken Richardson asked if this will get this property back on the tax books as of January 1 and satisfy EDA requirements.

County Manager Don Adams talked about this action will place the property back on the taxes for January 1, and the County has received a release from EDA in September stating that the County has been released from EDA restrictions.

Commissioner Ken Richardson and County Manager Don Adams discussed the job creation section of the incentive agreement.

Commissioner Sandy Carter Herndon and County Manager Don Adams discussed Charleston Forge moving their woodworking jobs to Alleghany County and meeting the deadline.

Commissioner Sandy Carter Herndon made a motion to authorize the County Manager to sign all documentation necessary to transfer the property located at 308 Memorial Park Drive in Sparta, North Carolina to Charleston Forge (Barber Investments, LLC) in accordance with the Incentive Agreement dated June 22, 2005. Commissioner Warren Taylor seconded the motion. Vote 5:0.

The Board wishes everyone a Happy New Year.

Chair Eldon Edwards reminded the Board of the meeting Monday night at 6:30pm regarding the schools.

Being no further business, Chair Eldon Edwards adjourned the meeting at 10:11am.

Respectfully submitted,

Karen Evans

Clerk to the Board

Attest:

Eldon Edwards

Chairman