Orange County NC Website
• <br />- Please return this copy to _ <br />Clerk to the Board's office for PAF <br />NORTH CAROLINA ~,~,~- 70~~3/D~ <br />ORANGE COUNTY T_a <br />FEASIBILITY STUDY AGREEMENT <br />AMENDMENT <br />THIS AMENDMENT, is made and entered into as of this the 23rd day of October, <br />2007, by and between Orange County, North Carolina, 200 S. Cameron Street, <br />Hillsborough, North Carolina, on behalf of the Orange County Economic Development <br />Commission (hereinafter referred to as "County") and Smithson Mills, Inc., of Asheville, <br />North Carolina, (hereinafter referred to as "Mills"). <br />WHEREAS, the Parties hereto have entered into that certain FEASIBILITY <br />STUDY AGREEMENT (the "Agreement") approved April 24, 2007; and <br />WHEREAS, Article 1 of the Agreement specifies that Mills will conduct a <br />feasibility study that will address and/or contain certain items, and Mills was to have <br />completed the items contained in Article 1 of the Agreement no later than the 30th day of <br />October, 2007; and <br /> <br />WHEREAS, one of the items that Mills will address in the feasibility study is a <br />survey as specified in Section 1 of Article 1 of the Agreement; and <br />WHEREAS, the time for the completion of the survey was extended from August <br />1, 2007 until September 15, 2007; and <br />WHEREAS, Mills has requested that the completion date as specified in Article 1 <br />of the Agreement be extended to November 30, 2007 due to the delay in the completion <br />of the required survey; and <br />WHEREAS, the County agrees to extend the time for the completion on the items <br />contained in Article 1 of the Agreement. <br />NOW THEREFORE, in consideration of the mutual covenants and <br />considerations hereinafter set forth, the parties hereto agree as follows: <br />A. The first sentence of Article 1 of the Agreement shall be revised to read as <br />follows: <br />Article 1. Mills will conduct a feasibility study that will address and/or contain <br />each of the following items, and Mills shall complete the items contained in this <br />Article 1 no later than the 30th day of November, 2007: <br />B. All other terms of the Agreement shall remain in full force and effect. <br />• <br />