Agenda - 04-05-2011 - 5d - Laserfiche WebLink

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6i North Carolina (the "Landfill Property'), (b) in an instrument recorded in Deed Book 2894 at Page 283 of the orange County Registry, North Carolina, and (c) in an instrument recorded in Deed Book 1009 at Page 437 of the Orange County Registry, North Carolina (clauses (a), (b) and (c) collectively, "Grantor's Properties "). WHEREAS, the University of North Carolina at Chapel Hill ( "University ") and Grantor are parties to that certain Landfill Gas Agreement, -dated as of February 17, 2009 (the "LFG- Agreement "), which requires University to collect methane gas from the landfill located on Eubanks Road, Chapel Hill and transfer the gas by pipeline to a property located off of Homestead Road, Chapel Hill for use as an alternative energy source (the "LFG Project "). WHEREAS, the LFG Agreement requires Grantor to grant the University, without additional University payment beyond the compensation set forth in the LFG Agreement, such easements through the Landfill Property and other property owned by the Grantor as may be necessary for the University to drill methane gas extraction wells, and to install pipelines, lateral lines, header lines, pumps, blowers, condensate knock -out vessels, a flare, and other related equipment on Grantor's Properties (collectively, the "LFG Equipment "), and a ductbank, electrical lines and other related equipment on Grantor's Properties (the " Duckhank Equipment "). WHEREAS, the execution of this instrument for and on behalf of the State of North Carolina has been duly approved by the Council of State by resolution adopted at a meeting held in the City of Raleigh, North Carolina, on the 7th day of December, 2010. NOW, THEREFORE, in consideration of the sum of ONE DOLLAR ($1.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, the Grantor does 2 {oa042175.DOCx s}