Orange County NC Website
Browse       Search
ORANGE COUNTY COMMISSIONERS <br /> 106 EAST MARGARET LANE <br /> HILLSBOROUGH, N. C. <br /> 27278 <br /> MOSES CAREY.JR. <br /> STEPHEN H.HALKIOrIS <br /> JOHN HARPWELL <br /> SHIRLEY E.MARSHALL <br /> bON WILLHOIT <br /> March 20, 1987 <br /> Lake Orange, Inc. <br /> c/o Robert B. Nichols, Jr. <br /> President <br /> Highway 86 <br /> Hillsborough, North Carolina 27278 <br /> Dear Mr. Nichols: <br /> This letter is in response to the undated letter delivered <br /> to Shirley E. Marshall on February 23, 1987, a copy of which <br /> letter is attached. Orange County, through its Board of <br /> Commissioners, has carefully considered the offer contained in <br /> the attached letter from Lake Orange, Inc. to4sell to Orange <br /> County under the"..,terms and conditions containedcin that letter <br /> the land owned:by::Lake__Oranges.:Inc..._�surrounding Lake Orange from <br /> the 615 foot elevation:::to the.:',616_elevation Orange County <br /> declines the of fer, made•--in-:.the ':a d..--1e <br /> ttache tte ..:_ <br /> The letter s wth �i r, t-. . rti ; <br /> state at- the :off,ekl'as made:•pursuant to the <br /> terms of the .deed..from- Lake Orange 'rnc:, to`Orange,:'County, which <br /> deed is recorded` at Book•:212,',Page', 362:=:o f,r`the Orange County <br /> Registry. Apparently_,this': is a re'ference=`.to the'�:`following <br /> ears: • <br /> paragraph which,�aPp in :ttat -c�e�dCy�''�^'b;.� j'�: <br /> [Lake Orange, Inc.] hereby forever binds itself and its <br /> successors and assigns to sell neither the shaded areas <br /> of land on said plat nor the rights and easements herein <br /> reserved unless and until [Lake Orange, Inc.] has <br /> offered in writing to sell same for cash to [Orange <br /> County] at the same price offered by proposed purchaser <br /> and unless and until [Orange County] has failed to <br /> unconditionally accept in writing said offer within 30 <br /> days of the date said written offer to sell is first <br /> delivered to any member of the Orange County Board of <br /> Commissioners. [Orange County] shall have 30 days after <br /> date of said unconditional acceptance of said offer in <br /> which to tender said purchase price in cash to [Lake <br /> Orange, Inc. ] , and failure of [Orange County] to make <br />