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U1.1993 <br /> . , <br /> 1■114 <br /> THE UNIVERSITY OF NORTH CAROLINA <br /> AT <br /> CHAPEL HILL, <br /> University Property Office The University of North Carolina a Chapel 13111 <br /> 134 E FotrNin Sc 116A) <br /> April 21, 1982 Chapel uu North Carolina 37514 <br /> Mr. Richard Whitted <br /> Chairman <br /> Board of County Commissioners <br /> 106 East Margaret Lane <br /> Hillsborough, North Carolina 27278 <br /> Dear Mr. Whitted: <br /> The University has a property tax problem on which we would like to request the <br /> assistance of the Board of County Commissioners. <br /> Late in the year of 1981, it became apparent that the University was going to <br /> have to assume the mortgage payments on the Phi Sigma Kappa Fraternity house on <br /> Mason Farm Road or else risk foreclosure by the bank or the county's selling it <br /> for past due taxes. Inasmuch as this fraternity house sits in the middle of <br /> property bequeathed to the University by Mary Mason, the University could not <br /> afford to have the property sold either by the bank or the county. It took several <br /> weeks for the University to do the paper work necessary to reclaim the property <br /> from the fraternity and go through the University procedures to pay for the past <br /> due taxes. Our requisition covering the taxes was written on January 5, 1982, <br /> the earliest possible time we could do that after having to officially reclaim the <br /> building. Because of the length of time it takes to process a requisition and get <br /> the check written, the check was not mailed to the county until February 10, 1982. <br /> I have been advised by a member of Mr. John T. Horner's staff that the University <br /> needs to pay an additional $234.67 in interest because we did not make our payment <br /> of $10,101.56 (taxes for the years 1979, 1980, and 1981) by December 31, 1981. I <br /> wrote to Mr. Horner and requested relief from paying this penalty, Mr. Horner <br /> advises me that he has no authority to grant the relief that we are requesting and <br /> suggested that we contact the Orange County Board of County Commissioners, <br /> Your favorable action on granting relief from having to pay this additional $234.67 <br /> in interest would be greatly appreciated, <br /> If I can provide any additional information, please let me know. <br /> Yours very truly, <br /> 94-ses24-e-A1 <br /> (Mrs.) Grace W. Wagoner <br /> University Property Officer <br /> GWW/eb <br />