County to convey ParkEast rail corridor to NC Railroad
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Description
Wayne County’s ParkEast development agreement commits the county to convey property on Lot 7 to the North Carolina Railroad Company for a rail line to serve key industrial projects. The conveyance underpins long-term industrial access infrastructure in the park.
Contract Details
Vendor
NORTH CAROLINA RAILROAD COMPANY
Agency
Town of Eureka, NC
Contract Type
FACILITIES
Document Date
April 21, 2026
Renewal Info
Obligation arises under a standing interlocal-style development agreement; subsequent amendments in 2025 and 2026 adjust tax-sharing and annexation terms but not this conveyance.
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