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2013-490 Housing - Habitat for Humanity #144304 Rusch Hollow Subdivision (2)
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2013-490 Housing - Habitat for Humanity #144304 Rusch Hollow Subdivision (2)
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12/12/2013 3:57:00 PM
Creation date
12/12/2013 3:56:57 PM
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BOCC
Date
12/12/2013
Meeting Type
Work Session
Document Type
Contract
Agenda Item
Mgr Signed
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Prepared by and return after recording to: Annette Moore,Orange County Attorney's <br /> Office,P.O.Box 8181,Hillsborough,NC 27278 <br /> NORTH CAROLINA <br /> ORANGE COUNTY <br /> ASSIGNMENT,ASSUMPTION AND CONSENT TO TRANSFER REAL PROPERTY <br /> This Assignment, Assumption and Consent to transfer real property is between Habitat for <br /> Humanity, Orange County, North Carolina, Inc., a non-profit corporation (hereinafter referred to <br /> as "Habitat") organized and operated exclusively for charitable and educational purposes and <br /> which has established its tax exempt status under Section 501 (c)(3) of the Internal Revenue <br /> Code, The Town of Chapel Hill, a North Carolina Municipal Corporation., (hereinafter referred <br /> to as "Town"); and the Orange County, a political subdivision of the State of North Carolina <br /> (hereinafter referred to as"Orange County). <br /> WITNESS THAT: <br /> Whereas, Habitat was established for the purpose to bring together people and resources <br /> to help families in need build and own quality, affordable homes and safe and supportive <br /> communities); and <br /> Whereas, Orange County, through its Housing and Community Development <br /> Department, has provided funding to qualified organizations to expand the supply of affordable <br /> housing in Orange County; and <br /> Whereas, Orange County provided $280,000 in affordable housing bond funds to Habitat <br /> for future housing development in the in the Rusch Hollow Subdivision in 2004; and <br />
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