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HomeMy WebLinkAbout2018-640-E Housing - Empowerment development agreement amendmentRevised December 2016 ORANGE COUNTY AMENDMENT TO DEVELOPMENT AGREEMENT NORTH CAROLINA THIS AMENDMENT, made and entered into this the 28TH day of September, 2018, by and between the County of Orange, a body politic and corporate of the State of North Carolina, (“County”), and EmPOWERment, Inc. (“Provider”); WITNESSETH: WHEREAS, the County and Provider entered into a Development Agreement on or about September 21, 2018 whereby the County granted the Provider FY 2015-16 HOME funds to relocate and rehabilitate one single-family residence to be used as rental housing for a veteran whose family income is less than 60% of the HUD area median income, which residence will be located at 507 Terrell Road, Hillsborough, North Carolina (“Original Agreement”); WHEREAS, the County and Provider desire to amend the Original Agreement, while keeping in effect all terms and conditions of the Original Agreement not inconsistent with the terms and conditions set forth below. NOW THEREFORE, for and in consideration for the mutual covenants and agreements made herein, the parties agree to amend the Original Agreement as follows: EXHIBIT A Property Description Containing 0.26 acres and being designated as B-R1 of the Recombination & Division Property Surveyed for EMPOWERMENT, Inc. according to the plat survey of Steve F. Yuhasz, Registered Land Surveyor, dated, June 1, 2005, and duly recorded in the Orange County Registry in Plat Book 97, Page 160. The conveyance is made subject to such utility easements, if any, as may traverse the subject property. PIN# 9864-69-2600 Except for the changes made to EXHIBIT A herein, the Original Agreement shall remain in full force and effect to the extent it is not inconsistent with this Amendment. In the event that there is a conflict between the Original Agreement and this Amendment, this Amendment shall control. IN WITNESS WHEREOF, Orange County and the Provider have signed this Amendment, effective this the day of , 20 . FOR: ORANGE COUNTY FOR PROVIDER: By: _________________________ By: _________________________ County Manager , Provider DocuSign Envelope ID: F03C47F5-E6AE-430E-A7D7-C7757873C1F0