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2 <br /> NORTH CAROLINA <br /> RESOLUTION <br /> ORANGE COUNTY <br /> WHEREAS, on December 7, 1992 the Board of Commissioners of <br /> Orange County adopted the attached resolution (Exhibit I) <br /> authorizing the sale by Orange County of a portion of its <br /> property to the North Carolina Department of Transportation for <br /> $6,645; and <br /> WHEREAS, since that resolution it has been determined that <br /> the property to be obtained by the North Carolina Department of <br /> Transportation is more valuable than originally thought; and <br /> WHEREAS, the value of the property in question has been <br /> agreed upon by the North Carolina Department of Transportation <br /> and Orange County; and <br /> WHEREAS, Article 40A of the North Carolina General Statutes <br /> authorizes the North Carolina Department of Transportation to <br /> acquire this property by imminent domain in the event Orange <br /> County does not authorize its acquisition by the North Carolina <br /> Department of Transportation. <br /> IT IS THEREFORE RESOLVED by the Board of Commissioners of <br /> Orange County, pursuant to North Carolina General Statutes § <br /> 160A-274, that Orange County convey by non-warranty deed the <br /> property specifically described on the fee simple deed, a copy of <br /> which is attached to this resolution as Exhibit II, upon the <br /> payment by the North Carolina Department of Transportation to <br /> Orange County of the sum of $13,350. <br /> 1 <br />