Orange County NC Website
3�J'1 <br /> 7. if by reason of the Municipality's failure or refusal to furnish or cause to be furnished any publi <br /> services or facilities which it has agreed hereunder to furnish or to cause to be furnished to the <br /> Local Authority or to the tenants of any Project, the Local Authority incurs any expense to obtain such <br /> services or facilities then the Local Authority may deduct the amount of such expense from any I <br /> 's Payments in Lieu of Taxes due or to ''become due to the Municipality in respect to any Project or any is <br /> i other low-rent housing projects owned or operated by the Local Authority. <br /> I d. No Cooperation Agreement heretofore entered into between the Municipality and the Local Authority I <br /> ! shall be construed to apply to any Project covered by this Agreement. <br /> j� 9. So long as any contract between the Local Authority and the PHA for loans (including preliminary <br /> �4 loans) or annual contributions, or both, in connection with any Pro;;ect remains in force and effect, <br /> f or so long as any bonds issued in connection with any Project or any monies due to the PHA in <br /> fconnection with any Project remain unpaid, this Agreement shall not be abrogated, changed, or modified <br /> without the consent of the PHA. The privileges and obligations of the Municipality hereunder shall <br /> remain in full force and effect with respect to each Project so long as the beneficial title to such <br /> Ci Project is held by the Local Authority or by any other public bovd or governmental agency, including <br /> II the PHA, authorized by law to engage in the development or administration of low-rent housing <br /> 4 projects. If at any time the beneficial title to, or possession of, any Project is held by such other <br /> {! public body or governmental agency, including the PHA, the provisions hereof shall inure to the <br /> ({ benefit of and may be enforced by, such other public body or governmental agency, including the PHA. <br /> �10. The application of this Agreement shall be limited to that portion of the site of proposed <br /> Project No. NC-46-1 which lies outside of the town limits of the Twon of Chapel Hill. It is under- <br /> stood that annexation proceedings are pending under which the entire site of Project N. NC-46-1 would <br /> be incorporated within the town limits of the Town of Chapel Hill. If and when said annexation r <br /> IE proceedings are fully consumated this Agreement shall not be applicable to any project or portion <br /> of a project which is within the limits of any incorporated city or town. <br /> j IN 191TIT-WSS WHEREOF the municipality and the Local Authority have respectively signed this V <br /> ( Agreement and caused their seals to be affixed and attested as of the day and year first above written. <br /> if I <br /> COUNTY OF ORANGE j <br /> (� Corporate NaTm of Municipality <br /> li <br /> ByS/ Donald M. Stanford <br /> Title Chairman i <br /> Ii(SEAL) <br /> j ATTEST: S. M. Gattis Cleric <br /> Title) <br /> CHAPEL HILL HOUSING AUTHORITY <br /> i <br /> Corporate Name of Local Authority) <br /> d (I <br /> By Sidney S. Chipman <br /> Chairman <br /> j (SEAL) <br /> �) <br /> ATTEST- <br /> ii (� <br /> {i <br /> Sarah G. Rains <br /> Secretary <br /> There being no further business to come before the Board, the meeting was adjourned. ( <br /> Donald Stanford <br /> �( Chairman <br /> 1 3etty June Hayes, Clerk <br /> S. M. Gattis, Acting Clerk {� <br /> I( I <br /> I� <br /> 1,4 i <br /> i1 <br /> ,j <br /> If <br /> i <br /> ( f <br /> ii <br /> I� <br />