HomeMy WebLinkAboutRES-2015-008 Resolution Approving Conveyance of Property CAF 3-3-aryls
RES-2015-006 7 C,
ORANGE COUNTY
RESOLUTION APPROVING CONVEYANCE OF PROPERTY
NORTH CAROLINA
WHEREAS, Orange County is the owner of a parcel of property situated in a residential
neighborhood on Faucette Mill Road in Hillsborough, North Carolina having PIN 9865621043
and an assessed value of$25,562; and
WHEREAS, the parcel was acquired through tax foreclosure sale and Orange County has no
viable use for the parcel; and
WHEREAS, Orange County is authorized by North Carolina General Statute 160A-279 to
convey properties to entities involved in carrying out a public purpose; and
WHEREAS, Habitat for Humanity, a nonprofit corporation has offered to accept the parcel for
the public purpose of providing affordable housing for low income Orange County residents.
NOW THEREFORE BE IT RESOLVED THAT the Board of Commissioners authorizes the Chair
to execute all documents necessary to convey fee simple defeasible title to the County-owned
parcel adjacent to 416 Faucette Mill Road, Hillsborough, NC, and having PIN 9865621043 being
approximately 0.67 acres, consideration for said conveyance is the nonmonetary public purpose
of providing affordable housing for low income residents of Orange County. The following set of
conditions, covenants, and restrictions shall be incorporated in the deed given by the County to
Habitat for Humanity:
1) The property may be used only for the erection and construction of affordable
residential housing.
2) Said restriction shall be a covenant to run with the land.
ADOPTED on this 3 day of 15.
Earl McKee, Chair
ATTEST:
— uv'k
Don a Baker, Clerk to the Board