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Agenda - 10-21-2014 - 7b
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Agenda - 10-21-2014 - 7b
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Last modified
6/8/2015 12:29:45 PM
Creation date
10/17/2014 2:46:48 PM
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BOCC
Date
10/21/2014
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7b
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Minutes 10-21-2014
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\Board of County Commissioners\Minutes - Approved\2010's\2014
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D. Governing g Law. This Letter of Intent shall be governed by and construLaw. This Letter of Intent shall be governed by and construed in accordance <br />with the laws of the State of North Carolina. Any dispute regarding this Letter of Intent <br />shall be filed in a court of competent jurisdiction located in Orange County, NC. <br />E. Counterparts. This Letter of Intent may be executed in any number of counterparts, each <br />of which shall be deemed an original, but all of which together shall be deemed to be one <br />and the same document. A signed copy of this Letter of Intent delivered by facsimile, e- <br />mail or other means of electronic transmission shall be deemed to have the same legal <br />effect as delivery of an original signed copy. <br />F. Amendment. This Letter shall not be amended except by a written instrument executed <br />by both County and Main Street. <br />G. No Third Party Beneficiaries. Nothing contained in this Letter of Intent shall be deemed to <br />create a contractual relationship with, or a cause of action in favor of, any third party <br />against Main Street or County. <br />Main Street and the County acknowledge that this Letter of Intent is not a purchase and sale <br />agreement for the Property, is not binding upon any party hereto except as provided herein, and <br />that it is intended only as the basis for the negotiation of definitive Contracts. The Contracts <br />shall be subject to Main Street's and County's approval and full execution. <br />Orange County, North Carolina <br />By: _ <br />Title: <br />Date: <br />AGREED AND ACCEPTED: <br />Main Street Properties of Chapel Hill, LLC <br />By: <br />Name: <br />Title: <br />13 <br />14 <br />
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