Deed transfer finalizes Fort York purchase
After months of a contractual reworking and consideration, Davidson County officially finalized its purchase of the Fort York property Wednesday with a deed transfer ceremony between county officials and representatives from the LandTrust of Central North Carolina.
The purchase, part of an overall effort to develop and preserve the Wil-Cox Bridge and its surrounding area, began with an offer in August from The LandTrust, who previously owned the historic site.
After purchasing the 13.82-acre property for $326,000, The LandTrust asked for just $137,500 from the county. The Davidson County Board of Commissioners agreed during their Aug. 23 meeting to commit to the property, pending a 30-day due diligence on the land purchase contract.
(Lexington Dispatch, 11/12/2016)