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HomeMy WebLinkAboutAgenda - 06-07-2005-9aORANGE COUNTY BOARD OF COUNTY COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: June 7, 2005 Action Agenda Item No. ~ a SUBJECT: Approval of Contract to Purchase Real Property -Duke University DEPARTMENT: Environment and Resource Conservation PUBLIC HEARING: (Y/N) No ATTACHMENT(S): 1) Location Map 2) Proposed Offer to Purchase and Contract 3) Draft Letter Agreement INFORMATION CONTACT: David Stancil, 245-2590 Geoff Gledhill, 732-2196 Rich Shaw, 245-2591 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To consider approval of a contract to purchase 8 acres of land located at the intersection of Erwin and Pickett Roads from Duke University for the future New Hope Creek Preserve. BACKGROUND: In 1992, Orange County, Chapel Hill, Durham County and the City of Durham adopted the New Hope Corridor Master Plan, which called far preservation of lands along the New Hope Creek corridor, as it traverses southeastward from central Orange County to Jordan Lake. Mast of New Hope Creek within Orange County lies within Duke Forest, but the stream segment from Erwin Road to the Durham County line is outside of the forest and privately owned. These lands were identified in 1992 as an area for the focus of preservation efforts, along with lands an the Durham County side of the line, The Triangle Land Conservancy (TLC), in partnership with the different jurisdictions, has been involved in the project since its inception. Most of the creek in Durham County was acquired or otherwise protected from 1992-2004, Recent activities to protect the stretch of the creek in Orange County date back to 2001 and the initial years of the Lands Legacy Program. In conjunction with TLC, a conservation easement was conveyed to Orange County in 2002 on the old Hollow Rock store site (now owned by Jeff Fisher), and TLC purchased an adjoining two acres of land. The 1992 New Hope Plan envisioned a future trail access point, or trailhead, to be located in this vicinity of the TLC parcel and an 8-acre triangular shaped portion of land owned by Duke on the west side of Pickett Road, often referred to as the "Hollow Rock Trailhead". Since 2 1987, this 8-acre triangle -along with lands east of Pickett Road -remained in Duke ownership, although no longer a part of the Duke Forest. In the 2004-2006 Lands Legacy Action Plan, one identified priority was to continue to work with TLC and Duke on the acquisitions of lands along this section of the New Hope corridor. In the summer of 2004, toward this end, Orange County contacted Duke regarding the potential interest in selling the 8 acres west of Pickett Road as called for in the New Hape Plan, Shortly thereafter, the proposed Erwin Trace project planned for the Duke land east of Pickett Raad became the source of considerable discussion, delaying but not altering the proposal to acquire the 8-acre "Hallow Rack Trailhead" land, An appraisal was conducted in early 2005 to assess the value of the land, A contract to purchase the property was prepared in the spring of 2005 and transmitted to Duke, In April, Duke notified the County of acceptance of the contract to purchase the 8-acre property, at the appraised value of $72,000 ($9,000 per acre), Duke has two conditions of interest, which are incorporated into the attached Letter Agreement, Those are: 1. Representatives from Duke University would be involved in the design process far the Hollow Rack Trailhead and the larger New Hope Creek Preserve; and 2. There would be no public access to the property until such time as the planned New Hope Trail connecting the property southwards to the Durham County line, or some other mutually-agreeable subset of the trail network, is constructed. Duke has reviewed the proposed language and Letter Agreement and is in agreement with the terms. If acquired, the praperty would be placed in the Lands Legacy Program and would be part of a future New Hope Preserve slang with other adjoining lands, to link the Duke Forest and open space lands in Orange and Durham counties that connect to Jordan Lake. A future trail connection is planned to run south into Durham County and connect with trails in that jurisdiction. The design far this trail has not yet been undertaken by the partner jurisdictions and TLC, FINANCIAL IMPACT: The cost of purchase of the 8 acres is $72,000, with additional transaction casts of approximately $5,000. Funding far the acquisition would come from the 2001 Parks and Open Space Bond, Lands Legacy portion ($1,477,000 currently available). RECOMMENDATION(S): The Manager recommends that the Board: • Approve the purchase of approximately 8 acres of land located on Erwin Road from Duke University; and • Authorize the Chair to sign (1) the contract an behalf of the County, subject to final review by staff and county attorney and (2) the Letter Agreement regarding the conditions of interest described above; and • Instruct the County Attorney and staffs from ERCD and Finance to schedule and complete a closing on the praperty expected to occur on or before July 31, 2005. 0 ~ LdcA•rroz.l MAP ,' ~ F ~u~~ ~O2E~ ~. ~= ~ .~-, ~~~%~ ''GW r~ Subject :~ 4 Prepared by: Geoffrey E. Gledhill Return to: Geoffrey E. Gledhill; Coleman, Gledhill, Hargrave & Peek; P,O Drawer 1529, Hillsborough, NC 27278 STATE OF NORTH CAROLINA COUNTY OF ORANGE OFFER TO PURCHASE AND CONTRACT THIS OFFER TO PURCHASE AND CONTRACT ("Agreement"), made and entered into this the day of , 2005 by and between DUKE UNIVERSITY, a North Carolina corporation, having an address of 402 Oregon Street, Durham, North Carolina 27705, hereafter called "Seller", and ORANGE COUNTY, NORTH CAROLINA, a body politic and corporate, a political subdivision of the State of North Carolina, having an address of P.O. Box 8181, Hillsborough, North Carolina 27278, hereafter called "Buyer"; WITNESSETH: Buyer hereby offers to purchase and Seller, upon acceptance of said offer, agrees to sell and convey, all of that plot, piece or parcel of real property located in Orange County, North Carolina, which said real property is hereinafter referred to as "the Property" and is more particularly described as follows: The approximately 8 acres of land and any improvements thereon, which land is illustrated on the GIS map that is Exhibit A hereto. The Property is 5 identified as a part of Orange County P.I.N. 9891-41-6408, Orange County tax map 7.16A...3A. THE TERMS AND CONDITIONS OF THIS AGREEMENT ARE AS FOLLOWS: 1. PURCHASE PRICE: The purchase price for the Property shall be SEVENTY TWO THOUSAND AND 00/100 DOLLARS ($72,000). The purchase price shall be paid by payment in cash at the closing. 2, TITLE: Title will be delivered to Buyer at closing by a Special Warranty Deed from Duke University, made to Orange County, North Carolina, which shall be fee simple marketable title, free of liens, encumbrances, easements, restrictions, rights and conditions, including, but not limited to, any promissory note, mortgage, deed of trust, real estate contract, right of first refusal, or option to buy, other than current property taxes and rights, reservations, covenants, easements, conditions, and restrictions of record as of the effective date of this Agreement that do not materially affect the value of the Property or unduly interfere with Buyer's i ntended use of the Property, which exceptions must be approved in writing by Buyer ("Permitted Exceptions "). The Property description in the deed shall conform to the survey of the Property to be prepared as prescribed in paragraph 4(a) of this Agreement. 3. REPRESENTATIONS WARRANTIES AND COVENANTS OF SELLER: Seller makes the following representations and warranties to Buyer as of the effective date of this Agreement and again as of the Closing Date: (a) Title. At the Closing Date, Seller shall have good, marketable, and indefensible fee simple title to the Property subject only to the Permitted Exceptions, and Seller is aware of no other matters that adversely affect title to the Property. 6 (b) Leases. There are no leases, licenses, or other agreements granting any person or persons the right to use or occupy the Property or any portion thereof except as described in paragraph 3(d) of this Agreement, (c) Options. Seller has not granted any options nor is Seller committed nor obligated in any manner whatsoever to sell the Property or any portion thereof to any party other than Buyer. (d) Construction Liens.. To the extent any improvements have been made or will be made to the Property prior to the Closing Date that might form the basis of mechanics' or materialmen's liens, Sel ler agrees to keep the Property free from such liens that might result and to indemnify, defend, and hold Buyer harmless from any and all such liens and all attorneys' fees and other costs incurred by reason thereof. (e) Environmental. (I) Seller has no knowledge of any underground storage tanks being located on the Property, Buyer agrees to perform a Phase I Environmental Assessment of the Property (hereafter "the Ph ase I"), at Buyer's expense.. (2) Seller warrants and represents to Buyer as follows: (i) Seller has no knowledge of, and no reason to believe (A) that any industrial use has been made of'the Property, (B) that, except for chemicals used in the farming of the Property, the Property has been used for the storage, treatment or disposal of chemicals or any wastes or materials that are classified by federal, State or local laws as hazardous or toxic substances, or (C) that any manufacturing, landfilling or chemical production has occurred on the Property. 7 (ii) To the best of Seller's knowledge, the Property is in compliance with all federal, State and local environmental laws and regulations, including, but not limited to, the Comprehensive Environmental Response, Compensation and Liability Act of 1980 ("CERCLA"), Public L aw No, 96-510, 94 Stat. 2767, 42 USC 9601 et seq.., and the Superfund Amendments and Reauthorization Act of 1986 ("SARA"), Public Law No. 99-499, 100 Stat. 1613 (iii) Seller has fully disclosed to Buyer that, except for chemicals used in the farming of the Property, Seller has no knowledge of the existence, extent and nature of any hazardous materials, substances, wastes or other environmentally regulated substances (including without limitation, any materials containing asbestos), in or under the Property or use in connection therewith. (3) Seller's obligati ons under this Section shall survive the closing and continue in full effect notwithstanding receipt of the purchase price. (f) Representations/Warranties. All representations and warranties contained in this Agreement are true and correct as of the date of execution of this Agreement and will be true as of the Closing Date and shall survive closing and execution and delivery of'the Deed and shall not be merged therein.: 4. SETTLEMENT CHARGES: (a) Seller shall pay for the preparation of a deed, for the preparation and recording of all documents necessary to convey marketable fee simple title free of liens and encumbrances, and for the excise tax required by law, (b) Buyer shall pay for recording the deed.. (c) Buyer shall pay for a survey of the Property and all other closing costs. 8 5. CONDITIONS: (a) Seller agrees to allow Buyer access to the Property for the purpose of inspecting, surveying, testing and analyzing the Property at any time prior to the closing of'the purchase of the Property. (b) On request of Buyer, Seller agrees to exercise Seller's best efforts to deli ver to Buyer, as soon as reasonably possible following the signing of this agreement, copies of any title information in possession of or available to Seller, including, but not limited to, tide insurance policies, attorneys opinions on title, surveys, covenants, deeds, notes, and deeds of trust and easements relating to the Property. (c) Any and all deeds of trust, liens or other charges against the Property not assumed by Buyer must be paid and cancelled by Seller prior to or at closing.. (d) A condition precedent to Buyer's obligat ion to close on the sale of the Property is that Buyer's Board of Commissioners formally approve the purchase of the Property by action in an open public meeting as provided by law, 6, MISCELLANEOUS PROVISIONS: (a) This Agreement embodies and constitutes the entire understanding between the parties with respect to the transaction contemplated herein and all prior agreements, understandings, representations and statements, oral or written, are merged into this Agreement,. Neither this Agreement nor any provision hereof' may be waived, modified, amended, discharged or terminated except by an instrument signed by the party against whom the enforcement of such waiver, modification, amendment or discharge or termination is sought, and then only to the extent set forth in such instrument. 9 (b) This Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina, without, however, giving effect to any principle of conflicts of law, (c) The captions in this Agreement are inserted for convenience of reference only and in no way define, describe or limit the scope or intent of this Agreement or any of the provisions hereof.. (d) Any provision herein contained which by its nature and effect is required to be observed, kept or performed after the Closing Date, shall survive the closing and remain binding upon and for the benefit of the parties hereto, their heirs, personal representatives, successors or assigns, until fully observed, kept or performed. (e) This Agreement shall be binding and shall inure to the benefit of the parties hereto and their respective beneficiaries, heirs, personal representatives,successors and permitted assigns, (f) As used in this Agreement, the masculine shall include the feminine and neuter, and vice versa; the singular shall include the plural and the plural shall include the singular, as the context may require. (g) Any provision contained in this agreement which by its nature and effect, if required to be observed, kept or performed after closing shall survive the closing and shall remain binding upon and for the benefit of the parties hereto until fully observed, kept or performed, 7. CLOSING: All parties agree to execute any and all documents and papers necessary in connection with the closing and transfer of'title to the Property on or before Tuly 31, 2005 in Hillsborough, North Carolina ("Closing Date"), io 8. POSSESSION: Possession of the Property shall be delivered at closing. 9. Buyer agrees to cooperate with the Seller if the Seller attempts to effectuate a 1031 tax free exchange on the sale of the Property.. The Seller making use of the 1031 exchange shall pay any and all costs and expenses associated therewith including any incurred by Buyer in its cooperation. IN WITNESS WHEREOF, the Seller has hereunto set his hand and seal, the day and year written above, and Orange County has caused this instrument to be signed by the chair of the Board of County Commissioners and attested by the Clerk to its Board of County Commissioners, all the day and year written above. SELLER: DUKE UNIVERSITY By: Tallman Trask Executive Vice President BUYER: ORANGE COUNTY, NORTH CAROLINA By: Moses Carey, Jr,, Chair Orange County Board of Commissioners ATTEST: Donna S. Baker, Clerk to the Board of Commissioners 11 Acknowledgements NORTH CAROLINA DURHAM COUNTY I, , a Notary Public of Durham County, North Carolina, certify that Tallman Trask personally appeared before me this day and acknowledged that he is Executive Vice President of Duke University, a corporation, and that by authority duly given and as the act of the corporation, the foregoing instrument was signed in its name by him as Executive Vice President.. Witness my hand and official stamp or seal, this the _ day of , 2005. Notary Public My commission expires: NORTH CAROLINA COUNTY OF ORANGE I, a Notary Public of the County and State aforesaid, certify that Donna S. Baker personally came before me this day and acknowledged that she is Clerk to the Board of Commissioners for Orange County, North Carolina and that by authority duly given and as the act of Orange County, North Carolina the foregoing instrument was signed in its name by the Chair of said Board of Commissioners and attested by her as Clerk to said Board of Commissioners. Witness my hand and official stamp or seal, this the _ day of , 2005, Notary Public My commission expires: res:Duke contract (k3 Glenn) doc 12 Draft Letter Agreement regarding future use of 8-acre Duke property [BOCC Letterhead] June 8, 2005 Mr. Tallman Trask III Office of the Executive Vice President Duke University Box 90027 Durham, NC 27708-0027 Dear Mr. Trask: On behalf of the Orange County Board of Commissioners, I want to thank you for Duke University's in terest in working with Orange County to protect another important parcel of land for conservation purposes. It is the intention of Orange County to acquire eight acres of Duke property located at the southwest corner of Erwin and Pickett roads for a potential future Hollow Rock Access Area. The protection of this land was envisioned by the New Hope Corridor Open Space Master Plan, and will be a cornerstone to a larger area of protected open space and wildlife habitat within the New Hope Creek corridor.. The future use of this property will be addressed through a design process for the larger "New Hope Preserve," in which we will welcome Duke University's active participatio n. It is also understood that there will be no public access to the property until such time as the planned New Hope Trail connecting the property southwards to the Durham County open space network, or some other mutually-agreeable subset of the trail network, is constructed. We consider the conveyance of this land to be another fine example of Duke University's conunitment to the conservation of significant forestland and natural areas in Orange County. Thank you for your leadership in the protection of our common natural heritage. Sincerely, Moses Carey Jr., Chair Orange County Board of Commissioners