RES-1995-060 Resolution offering to transfer the County-owned lot off of Henderson Street (aka Scarlette Drive) to the Town of Chapel Hill

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- 1995- D U tip ; NORTH CAROLINA RESOLUTION ORANGE COUNTY WHEREAS, Orange County owns a tract or parcel of land located in Chapel Hill, Orange County, North Carolina, off of Henderson Street (aka Scarlette Drive) , is Orange County tax parcel 7 .27A.B.7 and is more particularly described as follows: All that certain lot or parcel of land situated, lying and being on the West side of Henderson Street in the town of Chapel Hill, North Carolina, and known and designated as Lot No. 19 in Block "A" of the University Heights as surveyed by F. M. Carlisle on May 21, 1947, Plot of which is on file in the Office of the Register of Deeds of Orange County in Plot Book 4, at Page 17, and more particularly described as BEGINNING at a stake in the West property line of the said street, the Southeast corner of Lot No. 18; running thence with the line of the said Lot South 68° 37 ' West 274.3 feet to a stake; running thence South 190 09 ' East 25 feet to a stake, the Northwest corner of Lot No. 20; running thence with the line of the said Lot North 69° 37' East 275.7 feet to a stake in the West property line of Henderson Street; running thence along the West property line of said Street North 210 23' West 25 feet to the BEGINNING, PIN # 9799-68-2079 . This property is hereafter referred to as the County owned lot, and WHEREAS, the Town of Chapel Hill owns a tract or parcel of land, which is Orange County tax parcel 7 .27A.B.8, and is located adjacent to the County owned lot. This property is hereafter referred to as the Town owned lot, and WHEREAS, the Town of Chapel Hill wishes to acquire the County owned lot to join with the Town owned lot so the Town owned lot may be developed for use in an affordable housing demonstration project which will involve the building of starter homes on the combined parcel, and