HomeMy WebLinkAboutAgenda - 11-19-2001-8eORANGE COUNTY
BOARD OF COMMISSIONERS
ACTON AGENDA REM ABSTRACT
Meeting Date: November 1 B, 2001
Actlon Agenda
Item No. R-e.
SUBJECT: HOME Praprem-Properly ACp uisition
DEPARTMENT: HousinglCOmmunity Dev. PUBLIC HEARING (Y/N( No
ATTACHMENT(S): INFORMATION CONTACT:
Tare L. Fikes, ext. 2490
Development Agreement
TELEPHONE NUMBERS:
Hillsborough T32A181
Chapel Hill 968-0501
Durham 688-]331
Mebane 338-227-2031
PURPOSE: To aumor¢e the execution of a eve opment greemeni with [he Town of Chapel
Hill on behalf of the Orange County HOME Consortium for the acquisition of rental property in
Chapel Hill antl authorize Ne Manager to execute the document upon the approval of the
County Attorney
BACKGROUND: The Orange County HOME Consortium In May 2001 approved the
expentliture of FV 2000 funds HOME Program design mat inGUtletl an allocaton of $100000
far rental property acquisition by the Town of Chapel Hill Department of Housing.
SpeciFlcally, the Town plans to develop a trensRional rental housing pmgrem deaignetl to help
public housing families make the tmnsitlon from public housing b the private housing market.
The Department of Housing will purchase an existing single family dwelling in Chapel Hill and
lease that unit to a family while they work towards homeownership through budget wunseling,
homeownership and debt management services. The family is given five (5) years to complete
the program end at iha antl of the five year periotl, the participant wpultl have saved funtls for a
tlownpaymem on a house.
The agency is presently looking for a house to purohase in the Chapel Hill market to begin this
pmgrem.
As the leatl entity for the Orange County HOME Consortium, the County must enter into a
Development Agreement with EmPOWERment, Inc far expenditure of HOME funtls for [his
propady BCgaiaRlaa.
FINANCIAL IMPACT: This action will represent an expenditure of $100,000 from the 2000
HOME Progmm allocation.
RECOMMENDATION(S): The Manager recommends authorizing the execution ofa
Development Agreement with the Town of Chapel Hill on behalf of the Orange County HOME
Consortium far the aWUisition of rental property in Chapel HIII entl authorizing Me Meneger to
execute the tlocument upon the approvsl of the County AHOmey.
,.
NORTH CAROLINA
ORANGE WUNTY
This is ev AOREEMEIJT between ORANGE COUNTY, a genecel local govemmenml
mit o(tbe Score o[ Novh Caroline, (bereimfler refired ro es the "County') and Thc Town o[
Chapel Hill, s general local govemmanml unit el'Ihe Stele oLA Notlh Grolina hemivaftcr
rnfemcil to as `"Ilia Town"). Tha cffnetive date of Ms agreement is
xool.
WITNESSTA
WHC.R@A$ the Orange County HOME Consotlivm has desigreted $100,000 in FY
2000 H0~ fiends &r ilia parpesc of conveying lhuo fwds Iv assist with acgitisitiov of eve
dweling gait in Lapel Hill to develop ¢ proposed tmvsifiowl bousivg plan; amt
NHEREAg, the County i. Ore level entry of the Omvge Cgvnry HOME Cquegninm, eo
desfgneled in au egmement dated Iuly 1, 1991 and sa such fs the lead entity in a reprasenmtiva
capacity for all members of the Orevge HOME Consortium foe the puryosw of cazryiug out [he
ROME Pmgrznm in auxordmce wi[ the Title fI of the CrensmrvGanzelez National AYio[dable
Housing Acl (POb. L. lOlfi2ij, (42 O.S.C 353Qd) q. seq.) (herrinafler mfened w ns lM1e
"Act"J, and es &tther defined N the Pederal Program Requirements provided by the G5.
Dcpemvcnt of Hcusivg ®d Utban Dcvclcpmmy and
WHEREAS, Tho Towu intends m lease there units m cunem public housing famtice
w[[h a rev[ pdyivg ability af's[ Imvt.80i0 per month inahldcd (utmc ]caahlg to 30°/.. and helow of
median income vs described w their HONE. Appliwlion dated Pebruary 2}, 2001 wlOch is
ExhibllB ro this Agecment, amt hemiauper refred to as'Yhe Prajecf'.
NOW, THEREFORE, in nsideration of the mutual covenants, promises, and
repmaevmtiws contained bereiq it is agrood bemeen ilia parties huero es tbllows
Yr'ojat Aatlvltles -
1,1 The Town shall vcquire the dwelling uvula deGmd w YrojwS obtain all penld6 and
licensee neceaeery ro rchabiliWla the units in the Projec[ if verASSary, and en
wmpliwcv with all applicable building and zoning ordutances u well as Soution rA
Housing Quality $mnderds (HQS}
L2 Pimvdal asslsta~ue in the amowrt u[ 550,000 fr each dwelling unit fir s mml of
$IOQOOU in Petleral HOME Progwn funding will be provided N Ne form of a Oeferretl
Ieao with a forty (4U) yw Iuen term. Porgivable et the end of 40 ycara 'fhe HOMtl
Pmgmm invesvnent will he senumd by a Dced of Twat and Promissory No[e. TM1IS Deed
of Tms4 wd Ihnmissary 6ute shall consdNN a lien on rho Property, second Duly N the
Dedaraliov o[ Rernietivc Covenants deecribed N pemgmph 4 of this Agreemeru, with
the Convry az Na secumd perry/benefieiary. The CQVnry agrees 4 subordinate its Deed
nf'Rust lien N a lice ecemivg privatq fitat-lima pemianan[ flnendng obminad by the
Tows, Lm. at the time of purchase.
L3 "Che peeiod of atTQrdabiliry will be 99 yeses and will be secured by a Declaration of
Res[ticdve Covenmts that will mcosporate a righl of fire[ mfusal that may be encmiscd
by the Towm mNOr Ormge Couvry.
1 4 Tlm Towm ehnll mvke certtin [hut the seller is aware oC their rigb4s under the Cedeml
Lnifortn 4elnca4ion Act prior N wmpluive threale ofthe property. The eellu mne[ vlso
cnmpletea Iced Based Paint DiscWsorc Form ifthepmpeny was buihprior m 19'18.
1.5 The pmpetry CO be acquhed must have a valve that does wt exceed v5% of [be arse
median nnrebese odes Por that typeaPhousing.
Value must be ostebliahcd by one of We following methods:
An appraisal by a gnalificd appraiser..
v. Tax assessments may be used N establish valve, but Duly iC they em
cu,ram and can be wmputed at lOq% of market value.
L6 An annual cen[al opemti0vs budget must be submitted N dm Ceimty each year at leas[
euty anys Prior N the lhly 1 begiming date for the Oscal ywr. Purtbeq nn[ mom lbw 9D
days aflcr the end of each fiscal yeaq The Town must famish m the Connty m ammal
Quoting QC income and czpenees Por each dwallivg unit. The operating assumptiuns
allowed at the time ofinitiativn o[ tbls proJeet incNding eeosonable rent ivcmases will be
cceptable 6r furore budgets ¢nd reports. Any excess cash Claw must be tenoned to the
Connty wiNin 9Q days of the and of the Lscal year foe d<poslt Nm the lQ<nl HOME
Program Trost Pund for me in future afford¢ble housingprojecla.
L9 The Tewn agrees N leaeethe property to femdie whose income does not extend 5p% Qf
the area median income by Gmily sing as deterrswred by the C.9. Dapnttment of Horsing
and urban Dcvctopment and as mended-from time to time. Monthly rents must
estlblieF in wrdance with HONH Program guidelines. Residenuvl leases wilt not
exceed ou yea in term. Th<Project must m[cause displacement of existing tenants.
1,fl The TOWn is responsible Por vevfyivg the inwma o[pwspcc[ive tenants end mainNiNng
eligibility data. The Town shall maintain tenant flies ae pert of its -QOks end Records az
regdmA eM fartbeperied oftima mquirad by Section Sc. of Nis AgroGnmt. The Tawn
must pcovide the eawty av initial owupanay report verlfyivg the Ivcomedigbiliry o[all
tenants at lire time of initial leaso-up. Each year thercaIler The 9'own mast Nmish Ne
Cwnry whh m ntmual report ov the projeq by luly 3l of such year exti[yivg that all
mnavtx earn less then 811% of Ne area mediev mcomn by family size, as demrmlved by
the lLS Department oP Hausivg aM Urban Developmm[ end as amended 6om time to
ume.
3. Time for Commevicemeut and Completion. Iv additioq The'fown agrees t0 fhmish
to &e County a copy of its etmnal audit, performed by a certifed public accomtam
widliv 90 days of the and of the flswl year of ezpmdimce oP Iha HOMP Frogmen
Footling.
The Project Completion Date mustnot exceed November 1, 2001 end ie date the property
s aegnimA, rchabillmmd iC vwessery, and occupied by a low inwme family. A [he
vent that The Town is unable [o proceed with any aspect of the Project w a timely
Inarma, and CowTy and The '[own determine that re aveble Extension(s) for
cample[ion will no[ remedy the simatloq Ihm the Tetminetion of Agreement provision.
of this Agreement (grzdon 6.a.) shall pmain. The Tmvv may, at its BptiOq subvdt a
written request frr ¢ delay of eomplolion for County approval 'fhe County rosy, e[ its
opdoq approve any delay in MewmplUian d¢te or decWre Tha Town iv default.
The Town shell moiGbr dte corrstmcmd wits for affordability far the Petiod of
afTOrdability-ninety-nine (99J years. Phal connect mmpletlov date shall be the latest
and date of all aesietOd umt affoNability pcciods.
3. Afl'ardabitity Regovemenl. Each unit must remain affordable for a period of rdvety-
ve yews. The Towv ruains full rcsporuibility Por mmplimce with the affoMebility
requirement [or assistul pvi[s, unless eflmdabiliry eesmicrions are temtineted due vu the
sale o£ the Property m anon-qualified buyer in which event the Reeale Provisions of
4eedov 4 0l Wis Agreement pertain. The Town shall assum compliance with effordebiliry
of aeeisted mti6 by hevivg mcoNed a'YJedareECn of ResNadve CEVeaavG" (EXHIIllT
C) ov the Pmpetly. This Deelam[im shall egmtimte and remain a 1'uvt lieu nn the
Property during the period ofaffordability.
It is further the responsibiGN of The Town m rmecord the Declaration of Restrictive
Cavevmts no Utu Yhev one day hefore the expimficn at 30 years of IhE date of the
pmchaaing the property m the cvevt Thal The Town is still the owmer o£the dwelling unite
at We dens or the atnwrding. Convry retaiva the right to pe[iodioally and eery 30 years
afrer the first recording of Ne Declamtion of Restrictive Covavmss ov the lhoperry m
mgiste5 with the Rcgisler o[ Deeds oY Ormge Cotmtg a notice of prescrva[lov of the
liesltictiva CwenanG on [he Property as provided N Notth Carolina Ciao ra Smmm §
4'1BA or any comparable preservation law in effect vt d[e time of Nomcording of the
mlice of preservation. 1[ Is the intent of [hie Section of Iltis Agaemant that the 99 year
affBrdability requhemem eonmined hersin be accomplished and that The Town and the
County will do whet is necessary m ensure [hat the smac is not extivgvished by Iha Reul
Property Markemble Title Act or any comparable law porpvewg [o extmgulsh, by the
passage of timq von possessory interests w real pmpe~Ty. Floth The Tawn and County
agree m do what each must do tP accomplish the 99 veer aROrdvbility mquirement.
d. Resale Provieiove. The Town shall assure campliauce wi16 eRordeb0ity o£assisted units
Nrovgb the Declemfiov aY Rnslalcrlve Coven®rs. The Deelaretiov of ReshicLVe
Covenants shall include at least the following elements in (heir resale provieione tae the
lmprovomcrts'. ,
4.1 IfOe bvyerne longer uses Ne Propctly ae renml property or is unable m wntinue
ersldp, then the buyer most selAtrans[ar,orothorwisa dispose ofrheir interest
n the Property Duly [o an agency with aimilar intense in aRordnble M1omivg evd
ve Nmilies with inwmes nor exceeding BO% of Ne rota mrAian household
m< by family size, as detertnmcd by the U.S. Depatmten[ of Housing and
into
Urban oevelopmevt at the time of the rmns[er. The von-profit flurd, foundation,
or oorpomnov of Gke yurposes must have wmbliahed Its [ax-exempt status nudes
Sermon 501 (a)(d)of the lntemal RCVCVVC Code
42 Iiow if the property L not sold, bansfeneQ o otherwise ~tispoeed to s
vcy wiA similar inmrest in at£ordable housing during Ne term of affordability,
the Right of Fimr Reveal provision of the County's Long-TCnn Housing
AffoMability Policy must be followed and the net sales proceeds (aales price less
(i) selling cosq (2) the unpaid principal amount of We oeiginal Ever mortgage and
(3) the unpaid principal amount of [hCivitiel County covvibutiov evd euy other
initSal goo umurt wnhibution sewmd by a de[cmcd paymeu[ promissory note
and deed of tryst) or "equity" will be divided 50/50 by the seller of the Property
evd Ole Cour~q_
43 The msale prevision shall rotmin iv etkct fur the NII afordability period - 99
years.
5. MisreRaneooe Pravklons,
TermiuaHOn of Agreement The full brnefr of the PmjeM will be realized only
after Ne completion of the atTocdabdiry peciads foe all properties oonstmctad with fords previde
aflbrdeWe unit m low iuwme YaMlies. R is the Cowry's inlentlon ihetthe Pollpublic banefiv of
this pryjmr dull be eomplamd under Ne auspices of The Tawn for fie assisted units es [allows.
~. Iv Ne even[ Nat The Pown is unable le proceed wish any aspect of [ha Projwt in e
timely mameq evd Comry and The Town detemdne that rcesouable extevsiov(s) for
wmplMion will rim remedy the simadon, Ihev The Tawn will revin rnponsibility for
mquiremems far any dwellwg units assisted rind County will make no tvnher
paynuvts to The Tawn.
~i. N Ne even[ that The Town, prior b the wnM1atl cnmylellon d¢m, is unable b
antinue m thnMiov due to, but, not limimd w, dleaolution or Insolvency of the
organleatiou, its filing v PedOOV fbcbardvup[cy or similar pwoaedivgs, or is adjvdgcA
bankrupt or fails m comply or patbnn with provisions of thia egreemevt, Nan The
Tuwv shall, upon the County's roquest wvvcy [o Ne County Ore properties v'sistcd
with Povds. Cnnveyanoe shell be at the sole discretion of Comry evd ov a dwellivg
uvit by tlwctlingwil basin.
Cavvcyavaeofpmpmiesshell beon Iha terms sat fmh hare".
Covveyavoe of properties shall oco~u widtin Mvty (30) days of Cauury evd The
Town'n nK[eemanl oP The Town's imbiliry m con[ime as a viable orgen3zatlon. The
Tours sball wnvey the subject prperties m the Cowty by gmuW warrevty deed,
free and dam oP WI liras end encumbrances ol'recoN except tM1OSe which ercem a
beneficial interest in County (Declaration of Restrictive Cavemvta s~W DaeJ a[
rmap.
b. De(aWS Remetlies. This Agreement may be terminataJ by a nondefaoltmx
pany upon an event of dzfedt huwvdeq after worsen votiec NerwP evd thlny (30.) Jays grace
perioJ in which the JelhWtinx Hurry envy nor to cure. As used herein, the teem "m event of
defeWf' she1L mean and refer m a Cadwe or act of omissiov by tither p;my wiM respect ro avy
vndermking obligation, covenant or condition as set forth m [his Agreement. With respect to
any cvrnt o[ dcfavlt, the von-dcfaplting party mry axamaa avy right avvlable w it at law nr in
egWry with respwt m such default.
Baokv vntl RecoNs. T1re Tawn shall mnivtnin rccards of its grant regwrements
t"i^. this contraot for a period of not less Ihen Gve (5) full fixval years fbllowing the wvvact
completion dam.
t. The Town shall evsnre access m rewMS and flnandal smtenren6, ee viceceasry, to
provide affeUive t onimrwg and evaluation of project perf~rmenee.
Additionally, The Town shall submit a wpy of its vvvual audit to the Cauury.
Upon revconehle advmtcc entice, comly or its authorized represm[atlves moy
form Tune to time inspect, audit, and make copies of any of The Town's records
that relate m this aavvaat. If any audit by Comty discloses that payments to The
Town were iv access oP tba amonm to whicF The Town was omitted order Ihis
comra<t, The Town shall promptly pay w County the amount of such excess. If
the ezcese is greener than I% of the oontraet amount. Tha Towv shall also
reimburse County its reaeomblu cusm incuned in performing [he andit.
n. The Toxin shall maintain fles of all tenants, reKaztlless of lengrh of occvpwcy,
uidmg in eisteJ units. Documevmdon shall verify eligibility frr federal
.ciseed boos^6 a the poWt of witial ¢mvry evd every subsequent year
Ihcrcaflor fr tlta puiod of affordability. Informatio¢ tmintaiucd shall incluJs
[awm ivwme level; nn a of family members; ethnic dam; family rypa - e.g.
female head oPhousehold; disabiliry smms; and monthly rent.
m. The Town shall maintain remoras vevfying the offordabttity of the assisted unite.
d. No[ices. Any Notice shell be in writing and shall be given by depusiling the same
m the I1v11ed 9tatas moil, past-paid end registered or ecaified, msd addressed to the party m be
notified, with celwn-«aipr mqucstcd, or by delivering We saw m pcrsbn to m officer or
principal of suW Oatty. Nonce deposited iv Wa mail in the warmer here in above deuribwl shall
be effective upon muihvg, Por pumosee of Nofioe, the ad~tresses of the paNw shall, unless
ed~enged as heminaRa provided, be as knows:
I. To the COmty: Orange County
c/n Houeivg and Commm~ity Development
Dapertmcn[
P.O. BOx 81gl
Hillsborough, VC 2Yt]8
AITN: D¢eclor
ii. To The'COwn. The Town, Inc
Ipp x. amnam street
(kayel Hill, NC 2]516
ATTN: F.xeculivc Duwror
P'thn Ibe Coanty or Tlw Town may change We pcraon or address to which avy future Noliw
shall be given as herein provided.
c. Na AssiRVment. No mauske or flesigmnent of the interest of The Town in this
Ageemmt sMll occur without the prior wrinen consent of the Coovry, neidrer may The Tawn
asslpp thls Agreement witbvm Itepdor writtw consenr of County.
ConNet of Interem. The Tuwn agrccsio abide by the Provisions of 34 CPIt
590.611 with reseal m oonfliote oP inoaresq end aovanams ibal it preacndy hee no 5nvndal
Inmmst mW shall argnire nny financial interest, d'vaet or kdireet, that wanld conflict in my
ewer or degme with the performance of services required under this Agreement. The Town
Porther covwanis tMt m performance of this Agreement no pe[sa~ havivB sucF a financial
interest shell be employed w mtatmd by the Tawn heremdcr. These conFlicis of wterest
provisions apply M any person who is en employee, egenq consultant, or elected oPfcial or
appoiv¢d nffidal of We Cmmty, or any designamd Public xgevcica or eubreeipiusa dmt are
rweivivg foods under the HOVIH IDvesnnent PaMCrship Program.
g. Binding BBaI. This Agreement shell be binding upon and shall inure W the
beneft vlthe patties hweto end throe respective successors erW assigns.
h IndemnNeation. To the exhvt legally Passible, The Tovm shall indewdfy and
hold Cowry, its officers, agents, nod employws, harmless from and against nny and all claims,
actions, Iieblftles, cvsls, iveludlvg attorney kes entl other wsb of defense, arising out of yr k
avy way related to avy act or faikre m ad by TI¢ Town, Its employees, egantu nlYwte, end
ontracmrs m connection wilt this cenmvci. A ke event any sect action or olai~n is bmagM
vgaivst County, The Tawn shell, neon Convty's rondo, dckvd the same nt The Town's sole wst
and expense, promptly satisfy my judgmen[ advttse to Cowty or to Cowry cad The Town
jaimly, end reimburse County for any loss, cost, damage, or expe¢se, mcludivg eaomey fees
suffered or incurted by Cowt.
9vbmvlracdng. The Towv shall wt subwvtrect work v¢der this contracq in
whole or in part, withw[ the Coun[y's yrim written approval. fhe Town shall require any
'approved submnbactor to agrs, as to Ne potlio¢ mbcontadcd, to comply with all applicable
kderal, stets, cad Iocel Taws. miss, ordi¢ances, and rcgul¢dws ¢[ all Ames cad in she
performance of she work and to comply with sll applicable obhgatiorts of "fhe Town epecifed in
lids contract. Notwithemnding Connry~ s approval of a suFcnntractuq The Town sFull remain
obligamd for PoII performance of this contract and Cowry shall in o obligation to any
subcon¢eotor The Towv shall ilydevmiry, defend, vnd hold County harmless from all claims of
its covtrac4trs.
j N¢ Join[ Venture nr Aganoy. The Cowry and The Town each agree end
acknowledge that mthwg contained Irercin or athmvisc, indvding, without limitatiw, any vet of
the CWVry oc The Town under this Agreement shall ha deemed or construed m create avy
relationeNp ofjoint vmttae, parmeahip or agmay beMem the genies.
k Effect of Waiver or Forbeara¢ce. No failure by the County to insist upon the
shic[port ten of any term nr condition nftM1ia Agree orwexeroise any rigFt or remedy
upou the broach by The Tovm of avy o£ its obligations, eagroemrnts, or covevavte hereunder,
shall be a waiver of sucM1 affected term or eondibon or oY mcF hrmct5 nm shall any Porbeamnm
by We Cowty to seek a remedy for any breach by The Town be a waiver by the Count' of its
rights and remedies with a pact to that orwy other bmah.
1 Governing i.aw. 'This Agreement shall be construed i¢ accordance wiN cad
gnvemed by the Uws of Ne State of SorW CaroWta. Any htigadon arcing out ul'~his
Agceunmt shell ba brought Iv cones sitting w NoM Geolira, with vevue N Orange Coonty.
Sevvrability. The provisions ofthis Agreement are independent of vnd separable
fiom eaoF oihm, and ¢o provision ahaR be allectad orxevdvred invalid or wmfivemble by We
fact that far any reaann any other provision maybe invalid or unenforceable iv whole or iv part.
ff any paovisim of [lils Agmcmcvt or the application thereof to any Derson or eircumstarwes
shall, to any extant be or bewm valid or unmfpTCmble, tFe re cinder of fiis Agee mq or
the appGaadon of each provision to persons or oimwtsmnms other than those as to which i[ is
Feld invalid o unenforceable, shall not ba alketted thereby, cad each provision oC this
Agrocmcm shell be valitl vntl be enforced m the fallen cztwt peurutted by law. The scanty avd
The Town agree m aubatituue for ouch provision of [M1i.c Agreement nr tFe application thereof
daormived to ba invalid err uvrn(ammbte, such othaprovisiov ee most elosGy appeonlmates, m
a IawPol mvmer, suuF invalid illegal or unmforcmhle pmv¢ion_ If Ne County and TM1e Town
oowot agree, they sM1all apply m n coos of competent jurisdiction to svbsdhtle such prov6lop as
the court dcoros ro ovable end juditially valid, legal and enibrceabla. Such provison
determimd by the court shall automatically be deemed pan of this Agreement ah initiq.
IIqual Opparturdty. The Toam shall not discrhnimte against my employee or
applicant for employment because o£ rocs, coloq rehgieq se national origin, Political
aRilintian or helief, egn. bavd3oap, or 1'amlllal s~elus m the implomentation aPthle Projnta.
o Heatlinga. Ileadingsare far comenimce only end shall not be used to interpret or
constmeik provision
p. C nder Singular and Plural. As used herein, [he neuter gender includes the
femirwe and masculine. The masculine iuludw the fcmim wd veulnq and the fcminiue
includes We mavcallne and neater avd each Ivclades a corpv etioq permership ar o[M1er legal
¢atlty WhCll tltC COnIOXt 60 IBQ111I0S The 9inglllar RIImbBC Inc1ud06ihB p1am1 aR(1 VI00 VBIW,
Wnenenerfte aaakxtan regWrea.
q. Recording. The parties Ferem agree that upon notice to the other and at its awn
ost and expense, a party racy record thu Agccmcvt in the Office of Register of Dccds far
orange County.
Complianec with l.ews. To [he extent applicable, each party herck agrees to
<omplyrwitb all laws, ordinances and regulations affecting the Property from end after the date
hueoP. Without limifivg the genemliry oPihe foregoing, Tha Towv shall comply with all
federal, stale and local laws, regulatious and ordinances applicable w the expenditure of funds
providrA by the County, m purchase end develop iba Property.
Publiuty; gigvage. The Town agrees to provide such publicity with respem k
the Camty's partiaipahon 3n the dwelopmevt of the Pmpmg v Iha Conroy shall reaeovabty
regain. Any signege at Ne Proporry shall eolmowladge the County's wla and conmbution.
t Counterparts. Tlhs ngrea ens may be czceuted in ouor more cowurnarts,
web oPwbich shill be dwmed an original hot ¢II e£whicF kgelher shell canedtme av and the
6mnE lnsnYOCR[.
No 'Ih'trd Pally Rfghta. The parties torero covevam avd apse that nothing
omaincd in this Apeemmt os any aclby the Caovty or The Tawn shall be daemed or eonsirtaed
by the parties or any third patty to create any eelationslup of third parry bmefciary, including
tltird parry Principal or agent, or to creek any right, claim ar cause of action ageias[ [he Cowry,
The Tovmac my of Ihch mepcGivc officcm, agents ar mtpleyees by any tltird party.
'Performance of Covemraevt FUnc[iovs. Notwithstanding anyhing in this
Agreement which may be to the cvntmry, mthing contained in this Agreement shall in any way
stop, limit or impair the Cowty Gam ~acising or petfomdvg any r<gulamry, Ooliclvg m
govammmtal powers ar functions with respnG W the Property inclodin& witlroat limitation,
InsDeodov of We Property in fie perforrnavoe of such Positions.
IN W1'INESB WHEREOP, the parliea hemtq intentlmg m be legally bovvd, have scl lhev hands
and scale on the day and year first above wtltlen
(SEAL)
COUNTY OF ORANGE, VORI'H CAROLINA
loM M. Link, Jc, Comty Manager
ATTF.1T:
Bevn1Y A. Blythe
CAark to the Boats ofCommissioners
.4ppmvcd es to form and Icgahry
Geoffrey Gledhill, County Attorney
1Tis tlocumen[ has been preaodited iu aooordauce with the N.O Local Government and Piscel
Conh01 A0t.
,Kenneth Chevimle, PImnOC Direclar
NORTH CAROL-VA
ORANGP. COUNTY
This u to cerdty IEat un tM1is dnY Pusarmlly came before m0 Bevedy A. Blythe, with
whom I am personally aogneinted, and being by me duly sworn, says that ]olm M. Link, ]r. is 1M1n
Couovy Mareget of Orv~ge County, NQ and thnt she tho said eevetly A. Blythq is the Clerk to
the Board eE Commissiovm of the Cowty of Omogq tM1e hotly politic and corporate named
wilLiv avd which oxeWled Me tdregoivg Ivstnnnevq that she knows the common seal of eeid
County; that tM1e seal affixed b said inshvment is said wmmun seal; that the vemc of Orwge
County was subscribed Wereto by the said Ceunty Nmvagcr of Orange Cowry, NC and said
Beverly A. Bly[M1e subscribed Neir uatnes heave and snitl commov seal was affixed, all by order
oPthe Beazd oPCwmy Commissioners of Ornge Cowry cud that said instrument is the eat avd
deed ofOrange Covnry.
Witness my hantl and no[enol6eal, due the dvy of _20
Nntary Public
My wmTUSSieu ezpirce:
Towv o(Chepe11W1
(SEAL)
ATTEST:
This is to certify fi¢t on this Jay pemovally came berore me with
whom S flm parsovelly acqutinted, and being by ma duly sworq says that W. Calvin Horton is
the Town Manager oP Chapel till, NG and that sho the said is the Glark
ro the Chapel Hill Town Cawoil, the body pantie end coryorate named within end which
execb[ed eha Comgomg instrvmrnq chat she kvows the wmmov se¢I oFS¢id County, that We scat
aftlzed to eeid ivswmem to said wmmat seal; that tha name o[ Tawn of Chapel Hill wvs
subscrihed [hereto by the said Tnwn Maveger of Chapel Hily NC and sud
e subscribed their es hereto and said common ernl w
a(fixad, ell by order of tie Town Council and that said metmment 3s the act end deed oYChnpvl
HiY.
Witmer my fiandand notetial erel, [his Na_ Jay oC
Notary Public
MY coimnission exphes: