NS Contract - Strategic Growth Rural Conservation Consultant Implementation Update Amendment

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STRATEGIC GROWTFI AND RURAL CONSERVATION PROGRAM Draff / 10.1.2007) STATE OF NORTH CAROLINA COUNTY OF ORANGE WARRANTY DEED OF STRATEGIC GROWTH AND RURAL CONSERVATION PROGRAM (SGRC) EASEMENT This Deed of Agricultural Conservation Easement ("Conservation Easement") is granted on this _ day of , 20~ by and , [husband and wife,] having an address of Road, , NC 27_ (referred to as , , Hillsborough, NC 27278 (referred to as "Grantee"). PART L GRANTOR CONDTI'IONS WHEREAS: (1) Grantors aze the sole owners in fee simple, of certain farm Property, more particulazly described in Exhibit A, attached hereto and incorporated herein (the "Property"), which consists of approximately acres of land, located in Township, Orange County, North Cazolina and identified as that portion of Tract that is not depicted as " " on the plat of property titled "Property of ," prepazed by ,Inc., which plat is recorded at Plat Book _, Page _, Orange County Registry (PIN -_ _~. The Properly includes buildings and other improvements, which are shown on Exhibit B, attached hereto and incorporated herein. (2) Development rights are transferred from sending sites through the issuance of "Sending Area Credits" pursuant to [cite Orange County code], a process which requires the grant of a conservation easement restricting development on the Sending Site. (3) SGRC certificates can be freely sold by the sending site landowner to whom they aze issued. Receiving site landowners who obtain SGRC certificates may use those certificates to obtain density bonuses or other development incentives pursuant to applicable county regulations. (4) Pursuant to [cite Orange County code], Grantors submitted an application to obtain a SGRC Sending Area Certificate on ,(hereinafter "SGRC Certificate Application") for certain real property (hereinafter "Protected Property") owned by Grantors in fee simple and located in Township, Orange County in the State of North Carolina, described in a deed to Grantors, dated and recorded under Orange County Auditor's File No. , at Orange County Registry of Deeds. A legal description of the Protected Property is attached hereto as Exhibit A and incorporated herein by reference as if set forth in full. (5) T'he SGRC Certificate Application materials submitted by Grantors are on file with the County, in the Land Use Records Management System under File No. ,and are incorporated herein by reference as if set forth in full. These application materials detailed existing conditions on the Protected Property and stated Grantors' intentions concerning future residential development, if any, to occur on the Protected Property. The Grantors represent that these application materials reflect existing conditions on the Protected Property as of the date this Easement is executed, as well as the Grantors' intentions concerning future residential development, if any, to occur on the Protected Property. • Orange County, North Cazolina