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- Please return this copy to _
Clerk to the Board's office for PAF
NORTH CAROLINA ~,~,~- 70~~3/D~
ORANGE COUNTY T_a
FEASIBILITY STUDY AGREEMENT
AMENDMENT
THIS AMENDMENT, is made and entered into as of this the 23rd day of October,
2007, by and between Orange County, North Carolina, 200 S. Cameron Street,
Hillsborough, North Carolina, on behalf of the Orange County Economic Development
Commission (hereinafter referred to as "County") and Smithson Mills, Inc., of Asheville,
North Carolina, (hereinafter referred to as "Mills").
WHEREAS, the Parties hereto have entered into that certain FEASIBILITY
STUDY AGREEMENT (the "Agreement") approved April 24, 2007; and
WHEREAS, Article 1 of the Agreement specifies that Mills will conduct a
feasibility study that will address and/or contain certain items, and Mills was to have
completed the items contained in Article 1 of the Agreement no later than the 30th day of
October, 2007; and
WHEREAS, one of the items that Mills will address in the feasibility study is a
survey as specified in Section 1 of Article 1 of the Agreement; and
WHEREAS, the time for the completion of the survey was extended from August
1, 2007 until September 15, 2007; and
WHEREAS, Mills has requested that the completion date as specified in Article 1
of the Agreement be extended to November 30, 2007 due to the delay in the completion
of the required survey; and
WHEREAS, the County agrees to extend the time for the completion on the items
contained in Article 1 of the Agreement.
NOW THEREFORE, in consideration of the mutual covenants and
considerations hereinafter set forth, the parties hereto agree as follows:
A. The first sentence of Article 1 of the Agreement shall be revised to read as
follows:
Article 1. Mills will conduct a feasibility study that will address and/or contain
each of the following items, and Mills shall complete the items contained in this
Article 1 no later than the 30th day of November, 2007:
B. All other terms of the Agreement shall remain in full force and effect.
•
IN WITNESS WHEREOF, Orange County has caused this Amendment to be
• signed in its name by the Chair of the Board of Commissioners, attested by the clerk to
the Board of Commissioners and Smithson Mills, Inc., has caused this Agreement to be
signed by its President, and all authority duly given, as of the day and year first above
written.
ORANGE COUNTY
By:
Moses grey, Chair, BOCC
ATTEST:
Clerk to the Orange County, Board of Commissioners
Smithson Hls, In
By:
S ithson Mills, resident
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