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HomeMy WebLinkAboutOTHER-2022-011-Assignment of Conversation Easement Draper Savage Memorial Foundation Property CY L , 51le Doc No : 30100537 Recorded : 03/28/2024 03 : 21 : 58 PM Fee Amt: $26 . 00 Page 1 of 4 Orange County North Carolina Mark Chilton , Register of Deeds 0 BK 6842 PG 229 - 232 (4 ) 1 ASSIGNMENT OF CONSERVATION EASEMENT � Friends of Moorefields Property � II • I Prepared by : Orange County , North Carolina and the North Carolina Land and 'Water Fund After Recording Return t� Christian Hirni , P . O . Box 81 , Hillsborough, NC 27278 NORTH CAROLINA ORANGE COUNTY Portion o cel Nos . 9 rent) , NCLWF No . 202M48 985481 arent) , an THIS ASSIGNMENT OF CONSERVATON EASEMENT is made and executed on this the day of 20245 by ORANGE UNTY, NORTH CAROLINA a local government of the State of North Carolina("Assignor' " County ") , with an address of P . O . Box 8181 , Hillsborough, NC 27278 to the STATE OF TH CAROLINA ("Assignee" or " State") , with a mailing address of c/o State Property Office, n : NCLWF Real Property Agent , 1321 Mail Service Center, Raleigh, NC 276994 321 , acting �` nd through the NORTH CAROLINA LAND AND WATER FUND "Fund " a . k . a. the North Carolina Clean Water Management Trust Fund , ("Fund ") g a division of the North Carolina Department of Natural and Cultural Resources , with an address of Attn : Contract Administrator, 1651 Mail Service Cente , Raleigh, North Carolina 27699 - 1651 . RECITALS A . YP g Assignor is a body politic existing under Cho 153A of the North Carolina g General Statutes and as such is qualified to hold easements undeie applicable laws of the State of North Carolina and is a qualified organization under I . R . C . sectylI 170 (h) . O l.� 11010 B . Assignee is a sovereign entity and as such is authorized to accept, hold, and administer interests in land including conservation easements , is a " qualified organization" and an " eligible donee" within the meaning of Section 170 (h) (3 ) of the Internal Revenue Code of 1986 ,wid regulations promulgated there under, and is an eligible holder of conservation easements thin the meaning of North Carolina General Statutes ("N. C . G . S . ") Chapter 121 , Article 4, the " nservation and Historic Preservation Agreements Act . " C . The Fund is authorized by N . C . G . S . Chapter 143B , Article 2 , Part 41 to acquire land aneerests in land, including conservation easements : 0 • for riparian buffers for the purposes of providing environmental protection for surface waters and urban drinking water supplies and establishing a network of riparian greenways for environmental , educational , and recreational uses ; and •�r the purpose of protecting and conserving surface waters and enhancing drinking @ter supplies , including the development of water supply reservoirs ; and • t4rovide buffers around military bases to protect the military mission; and • tha®represent the ecological diversity of North Carolina, including natural features such as riverine, montane, coastal, and geological systems and other natural areas to ensure their preservation and conservation for recreational , scientific , educatioe cultural , and aesthetic purposes , and • that contM* ate to the development of a balanced State program of historic properties . 0 X001 D . Assignor acq Vr'�i, a conservation easement by instrument recorded in Book (D� Z. , Page 21, Orange county Register of Deeds , on - - the " Conservation { Easement") that encumbers ce i lands owned by Friends of Moorefields , a NC Non-profit Corporation, ("Easement GranV' , located in Cheeks Townshi Orange County , North pCarolina, being hereinafter referre as the "Easement Area" and being more particularly described in the Conservation Easement . E . Assignor has received a grQ from the Fund identified in Grant Contract No . 2020 - 048 (the " Grant Contract ") , in considera il�c of which it acquired the Conservation Easement. Easement Grantor and Assignor have agreed e Conservation Easement that the Easement Area shall be conserved and managed in a manne at will fulfill the purposes of the Conservation Easement, and otherwise promote the public oses authorized by N . C . G . S . Chapter 143B , Article 2, Part 41 , and the parties hereto ackno ge that such restricted use is in accordance with, and furthers the purposes of, the Grant Contract . F , The Conservation Easement sets aside an area of land containing 23 . 15 acres, more or less , which is :more fully described in the Conservation i; ment, and is depicted on a map entitled "Boundary, Easement, and Recombination Survey Property o6riends of Moorefields, a NC Non-Profit Cod . , " prepared by Landmark Surveying, Inc. , PLS , dated Ap9V;x 7, 2022 , and recorded in Plat Book C 7 Page FS Orange County Registry . The Co seanon Easement sets forth certain g tY g rY restrictions on the use of the Easement Area in order to fulfill the of the Grant Contract, G . The terms of the Grant Contract require Assign to assign the Conservation Easement to the Assignee and retain unto itself the nonexclusive r`� and obli ation to monitor g g 2 O i the Easement Area and report on its condition to the Fund at least annually together with a right of access to and from the Easement Area, and Easement Grantor consented to this Assignment by executing the Conservation Easement . NOW , THEREFORE , for and in consideration of monies paid or to be paid by the Fund to MAs MA ignor pursuant to the Grant Contract, and for other good and valuable consideration, the receipt and*fficiency of which is hereby acknowledged, Assignor does hereby assign, transfer, set over, and bnvey the Conservation Easement to the State, and the State, acting by and through the Fund , hereby adepts this Assignment of Conservation Easement by the recording hereof. P VIDED HOWEVER, Assignor hereby reserves to itself and assigns and unto The Associatio r the Preservation of the Eno River Valley , Inc . (aka Eno River Association) a nonexclusiv ht and obligation to monitor and observe the Easement Area, including a right of ingress , egres ,Mid regress to and from the Easement Area over, upon, and across all access rights of way and ease ents appurtenant to the Conservation Easement, to exercise said monitoring rights and obllgatiAs , and further accepts unto itself the obligation to report annually to the Fund any potential violations of the Conservation Easement , PROVIDED FU HER, that the associated stewardship monies awarded under the Grant Contract shall be admin ' red pursuant to N . C . G . S . § 143B - 135 . 236 which establishes the North Carolina Conservation Ea pent Endowment Fund, or any successor law, and the internal policies and procedures of the Fun"Ich provide, inter alia that the Eno River Association ' s obligation to monitor the Easement Areko any given time is contingent on availability of such stewardship funds . PROVIDED FURTHER, t*e parties hereto specifically acknowledge that the reservation and assignment by Assignor to the 1 iver Association of this nonexclusive right and obligation to monitor and report on the EasementArea is assignable separate and apart from the Conservation p g p P Easement and the rights and respon ' ' lities of the Grantee created thereunder, but such assignment may be made only with the ' tten consent of the Fund and notice to the Easement Grantor, and if so assigned, such assignmeoshall have no effect on the rights and obligations of the State as the ultimate grantee of the Conseiation Easement, or the rights and obligations of any subsequent grantee . ' PROVIDED FURTHER, that any such f er assignment of Eno River Association ' s r report on he E�ment Area shall be evidenced b a written annual obligation to monitor and rep t e y instrument signed by the parties thereto , a notice of which shall be recorded in the Office of the Register of Deeds of Orange County, and which shall include a right of entry onto the Easement Area for the assignee of said monitoring obligation, and & 1 require the monitoring to be carried out in accordance with and subject to N. C . G . S . § 1431343 . 236 and any successor law, and the Fund ' s internal stewardship policies and procedures . Q `, [See next page for signatures and notary acknoQl dgement] 3 0 Y� IN WITNESS WHEREOF , Assignor, by authority duly given has hereunto caused these presents to be executed in such form as to be binding, to be effective upon execution, and Assignee , acting by and through the Fund, agrees to and accepts this Assignment by the recording hereof in the public records of Orange County , North Carolina. ASSIGNOR: Q� sit�'�` � # o, ORANGE COUNTY, NORTH CAROLINA p # By : gaowor [C Name : Jan#etta B dford Title : Chair, Orange County Board of Co i �x T ST : Name : Law J nsen O Title : Clerk to the Board of\ebmmissioners V NORTH CAROLINA D , ORANGE COUNTY I, the undersigned Notary Public, do ereby certify that Laura Jensen personally came before me p Y this date and acknowledged that he/shi6 the Clerk to the Board of Commissioners for Orange County , North Carolina , and that by a@hority duly given and as the act of said County , the foregoing document was signed in its $hme by Renee Price its Chair of said Board of Commissioners , sealed with its corporate se d attested by him/herself as its Clerk to said Board of Commissioners . Witness my hand a official stamp or seal , this the day of :h 209ji • 1 , Notary Public Print Name : My Commission Expires : STAMP/SEAL P& M. � � . O c j jt\*4pTAR ):%q0 Q� O PL JBLiG ;�.�� 4 'd ,. ,. ♦G� cap *'' C� 1111tttt }' �2 f 2