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my nomial hourly rate of $200 per hour. The total costs for all work performed under this Agreement <br />shall not exceed $4,000.00. <br />I estimate the preliminary title opinion will be completed within two weeks following my receipt <br />of an executed copy of this letter. We will schedule a closing once a suitable date is agreed upon in <br />March. I will begin work on this iransaction as soon as I received an executed copy of this letter <br />agreement from the County. Please understand that I must charge for a11 work performed even if this <br />transaction fails for any reason. <br />Please do not hesitate to contact me with any questions or concerns regarding this letter. I look <br />forward to working with you both on this transaction on behalf of the County. <br />Sincerely, <br />zn~zoii <br />_ ~ <br />X - ,;.,;, <br />Brian M. Ferrell <br />FOR THE FIRM <br />*****************************************~x*****************************~****** <br />The legal services engagement described herein is understood and agreed to: <br />Orange County, North Carol' <br />By: ~ <br />Frank on, County anager <br />Date: ~ ~ Z ( - ~ ( <br />-~ <br />This instrumen has been pre-audited in the manner required by the Local Government Budget and Fiscal <br />Control Act. ~ • ~/ <br />/f~(,~.. <br />Orange County Finance Director <br />3 <br />