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. _ <br /> 744• <br /> ENTERPRISES <br /> Post Office Box 4450•105 W.Morehead St,•Charlotte.North Carolina 28204 <br /> Telephone(704)376-6491 <br /> P:e;ident \/ /y <br /> :leotf,mmpow,..1 \/%2N/ <br /> }k.7 Propenl,Intorrorated <br /> June 16, 1981 <br /> Mr. William Law <br /> Orange County Tax Supervisor <br /> 208 South Cameron Street <br /> Hillsborough, North Carolina 27278 <br /> Dear Mr. Law: <br /> You have been made aware that the business personal property located <br /> in the closed restaurant at 1010 Hamilton Road, Chapel Hill, North <br /> Carolina has not operated for approximately one year and that we <br /> comtemplate disposing of this equipment to our best advantage and <br /> utilizing this building for other commercial purposes. <br /> Orange County proposes increasing the valuation by $14,220. from the <br /> 1979 valuation. The best cash offer we have had for this equipment is <br /> $11,600.00. <br /> In view of all the facts set forth above, we respectfully request the <br /> value of this property not be increased but substantially decreased from <br /> the prior valuation. <br /> This restaurant has been opened and closed on several occasions in the <br /> past 10 years and Honey Properties, Inc. has been unable to secure a <br /> lease for this property. <br /> We request your assistance in this matter. <br /> Yours truly, <br /> HONEY PROPERTIES, INC. <br /> III fk( <br /> . L. Honei $r <br /> • <br /> President <br /> YLIISr./1 <br /> Owners and Operators of Hotels,Restaurants St Property Investments'brougham the Southeast. <br />